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Global Autonomous Robot Toys Market 2019 Growth Factors and Global Leading Players || Top Key Players are MRT International Limited., Modular Robotics Incorporated, The LEGO Group., Robotical Ltd., RoboThink, fischertechnik GmbH, Robots in Schools Ltd., r
Global Autonomous Robot Toys Market
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Global Autonomous Robot Toys Market By Functional Ability (Autonomous Navigation, Environmental Perception, Task Perception, Task Performance, Self-Maintenance, Others), Educational Level (Higher Studies, Secondary Education, Elementary Education), Educational Role (Tele-Presence, Educational Support Tools, Educational Subject), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) - Industry Trends and Forecast to 2026.
Market Drivers:
o They do not require any intervention of humans, and function independently on their own, hence making it easy to use and can serve as a friendly companion
o The increasing use of autonomous robot toys for educating a group or an individual. Hence, they substitute human learning making education fun and easy
o They have sensor integrated systems, making them capable of moving in an environment without any obstruction or collision
o Technological advancements in the field of robotics further drives the growth of this market
o The availability of AI-based robots, IoT and Cloud based technology accelerates the developments in the field of toy robotics
o The rising demand amongst children for a fun and entertaining method of learning
Market Restraints:
o Autonomous toy robots are expensive and require high cost of maintenance. This restrains the growth of this market as the low income individuals and small educational institutes cannot afford them
o Absence of knowledge and information amongst the people hinders the growth of this market
Market Analysis: Global Autonomous Robot Toys Market
Global autonomous robot toys market in estimated to register a healthy growth rate in the forecast period of 2019-2026. The report contains data for the base year of 2018, and historic year of 2017. The rise in the market value can be attributed to autonomous navigation, sensory capability, self-maintenance, technological advancements of these products and rising demand from the field of education.
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Global Autonomous Robot Toys Market: Table of Contents
1.Executive Summary
2.Scope/opportunities of the Report
3.Research Methodology
4.Market Landscape
5.Pipeline Analysis
6.Market Sizing
7.Porter's Five Forces Analysis
8.Market Segmentation
9.Customer Landscape
10.Regional Landscape
11.Business Decision Framework
12.Drivers And Challenges
Competitive Analysis: Global Autonomous Robot Toys Market
Global autonomous robot toys market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of autonomous robot toys market for global, Europe, North America, Asia-Pacific and South America.
Major Market Competitors/Players: Global Autonomous Robot Toys Market
Few of the major competitors currently working in autonomous robot toys market are MRT International Limited., Modular Robotics Incorporated, The LEGO Group., Robotical Ltd., RoboThink, fischertechnik GmbH, Robots in Schools Ltd., rero, BLUE FROG ROBOTICS & BUDDY, HANSON ROBOTICS LTD., Petronics Inc., Sphero, Anybots 2.0 Inc., Parallax Inc., ArcBotics, Dexter Industries. and RAWrobotics amongst others.
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