Press release
Educational Robot Market worth $3,386.5 Million by 2027 | CAGR: 18.2%
The research report provides a big picture on "Educational Robot Market" 2027, on a global basis, offering a forecast and statistic in terms of revenue during the forecast period. This report covers detailed segmentation, complete R & D history, and explanatory analysis including the latest news. Furthermore, the study explains the future opportunities and a sketch of key players involved in the "Educational Robot hike in terms of revenue.Educational Robot market on a global scenario was valued at US$ 773.0 Mn in 2018; it is expected to grow at a CAGR of 18.2% during the forecast period, to reach US$ 3,386.5 Mn by 2027.
Various educational institutes are showing focus on the improvement in teaching STEM (Science, Technology, Engineering, and Mathematics) disciplines. STEM helps to learn these specific disciplines of Interdisciplinary learning. Educational robots help to improve the teaching methods for STEM disciplines. Educational robots have the high computing power and help to deliver STEM lessons to modern education. It helps to learn naturally and adopt the principle of computational thinking. Moreover, the DIY kits are boon for the educational robot markets. It enables to design and program and enhances the problem learning skills among STEM students.
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A factor which can be a restraint for Educational Robot can be some companies do not collaborate with service providers or they don't take advantage of digitization as they don't have awareness for the same. Nevertheless, digitization in services is opting by an online company to know more exactly about consumer behavior plus it makes business policies flexible to adopt changes as per the market condition on which success and growth of an organization depend which will give more growth opportunities in coming years.
Educational Robot market - key companies profiled Boyd Corporation, Aisoy Robotics, Hanson Robotics, Lego Group, Modular Robotics, Pal Robotics, Probotics America, Qihan Technology Co., Robothink, Robotis, and Softbank Robotics among others.
In developed countries, such as the US and the UK, the educational robot has gained immense popularity as the students in schools, universities, and other institutions are completely aware of the technologies. However, in developing countries of APAC and SAM, students lack the awareness of technology-driven learning. Several schools, universities, and coaching institutions are implementing learning through robots. As the robot developers are constantly upgrading their technologies to offer robust solutions, the adoption of educational robots is continuously increasing.
The report segments the global educational robot market as follows:
Global Educational Robot Market - By Type
o Humanoid
o Non-Humanoid
Global Educational Robot Market - By Application
o Primary Education
o Secondary Education
o Higher Education
o Others
The educational robot market has been derived from market trends and revenue generation factors from five different regions across the globe namely; North America, Europe, Asia Pacific, Middle East, and Africa, and South America. Asia Pacific is projected to be the fastest-growing region in the global educational robot market. Whereas, North America, followed by APAC, holds the highest market share in the educational robot market in 2018.
Why to Buy this Report?
This report provides a thorough analysis of the Educational Robot market through detailed research on a variety of topics to help players build strong growth strategies and strong presence in the industry. Readers will also be informed of the important sustainability strategies adopted by leading companies when operating in the Educational Robot market. The analyst also thoroughly evaluated the impact of these strategies on market growth and competition.
This report provides a detailed overview of the industry, including qualitative and quantitative information. It provides an overview and forecast of the Educational Robot market based on products and applications. This report evaluates market dynamics affecting the market during the forecast period, namely drivers, margins, opportunities and future trends, and provides a thorough pest analysis for all five regions.
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Educational Robot Market Table of Contents:
Chapter 1 industry overview
Chapter 2 Major segmentation classification, application and etc.) Analysis
Chapter 3 production market analysis
Chapter 4 sales market analysis
Chapter 5 consumption market analysis
Chapter 6 production, sales and consumption market comparison analysis
Chapter 7 competition analysis by players
Chapter 8 marketing channel analysis
Chapter 9 new project investment feasibility analysis
Chapter 10 industrial chain, sourcing strategy and downstream buyers
Chapter 11 marketing strategy analysis, distributors/traders
Chapter 12 global and regional market forecast
Chapter 14 market dynamics
Chapter 15 market effect factors analysis
Chapter 16 conclusions
Research methodology
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.
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