Press release
Educational Robot Market Expected to Grow at 1689.2 Million In Revenue by 2023
According to Market Study Report, Educational Robot Market provides a comprehensive analysis of the Educational Robot Market segments, including their dynamics, size, growth, regulatory requirements, competitive landscape, technological trends and emerging opportunities of global industry. This report also provides market landscape and market share information in the Educational Robot Market. An exclusive data offered in this report is collected by research and industry experts team.Get Free Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=1442699
The Educational Robot Market is expected to reach USD 1,689.2 Million by 2023 from USD 778.6 Million in 2018, at a CAGR of 16.8% between 2018 and 2023. This report spread across 127 pages, profiling 10 companies and supported with 67 tables and 31 figures are now available in this research.
Top Companies Profiled in the Educational Robot Market:
o SoftBank (Japan)
o ROBOTIS (South Korea)
o PAL Robotics (Spain)
o Hanson Robotics (Hong Kong)
o QIHAN Technology Co. (China)
o DST Robot Co. (South Korea)
o Probotics America (US)
o Wonder Workshop (US)
o Aisoy Robotics (Spain)
o BLUE FROG ROBOTICS (France)
"Hardware component held a larger share of the educational robot market in 2017"
The hardware component adds major value to the overall educational robot cost; hence, the hardware segment held a larger share of the overall educational robot market in 2017. Among different hardware components, control systems held the largest market share in 2017.
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"Humanoid educational robots expected to grow at a higher CAGR during the forecast period"
The market for humanoids is expected to grow at a higher CAGR during the forecast period. The market for low-cost humanoids is likely to gain traction in the near future owing to the projected high growth of software. Humanoid robots have the ability to assist and even replace teachers in classrooms; hence, schools are looking forward to deploying humanoids in their classrooms to attract the attention of parents by modernizing the teaching pattern.
"Higher education held the largest share of the educational robot market in 2017"
The higher education segment accounted for the largest share of the overall educational robot market in 2017. The cost of higher education is high, and the required specialized knowledge in education practices can only be provided with software-laced humanoids, which are expensive, and not by non-humanoids. The higher education segment is expected to lead the educational robot market throughout the forecast period as colleges and universities have been implementing educational products for increasingly flexible and innovative learning experiences.
Breakdown of primary participants' profile:
o By Company Type: Tier1= 55%, Tier 2= 20%, and Tier 3= 25%
o By Designation: C-Level Executives=75%and Directors = 25%
o By Region: Americas= 10%, Europe= 20%, APAC= 40%, and RoW= 30%
Competitive Landscape of Educational Robot Market:
1 Overview
2 Market Ranking Analysis
3 Competitive Scenario
3.1 Product Launches
3.2 Expansions
3.3 Acquisitions, Agreements, and Partnerships
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List of Tables:
Table 1 Educational Robot Market, By Component, 2015-2023 (USD Million)
Table 2 Educational Robot Market for Hardware, By Type, 2015-2023 (USD Million)
Table 3 Educational Robot Market, By Hardware, 2015-2023 (USD Million)
Table 4 Educational Robot Market for Sensors, By Type, 2015-2023 (USD Million)
Table 5 Educational Robot Market for Actuators, By Type, 2015-2023 (USD Million)
Table 6 Educational Robot Market for Power Source, By Type, 2015-2023 (USD Million)
Table 7 Educational Robot Market for Control Systems, By Type, 2015-2023 (USD Million)
Table 8 Educational Robot Market for Other Hardware Components, By Type, 2015-2023 (USD Million)
Table 9 Educational Robot Market for Software, By Type, 2015-2023 (USD Million)
Table 10 Educational Robot Market, By Type, 2015-2023 (USD Million)
Table 11 Educational Robot Market, By Type, 2015-2023 (Thousand Units)
Table 12 Educational Robot Market for Humanoids, By Component, 2015-2023 (USD Million)
Table 13 Educational Robot Market for Humanoids, By Hardware, 2015-2023 (USD Million)
Table 14 Educational Robot Market for Humanoids, By Education Level, 2015-2023 (USD Million)
Table 15 Educational Robot Market for Humanoids, By Education Level, 2015-2023 (Units)
....and More
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