Covid 19 Impacts on Educational Robot Market Report, Size, Share, Trends, Growth, Forecast | Valuates Reports

The educational robot market is segmented on the basis of components into hardware and software. The hardware component is subsegmented into sensor, actuator, power source, control system/controller, and others. The other components include body material and other electronic, electrical, and mechanical components. The educational robot market for software is expected to grow at a higher CAGR during the forecast period. As the technological advancement will lead to growing complexity in terms of features such as inter device connectivity, AI, and autonomous operations, the value of the software part in the overall market will increase more than that of hardware. Also, the software will assist the complex functionalities to process efficiently and accurately.

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Market Analysis and Insights: Global Educational Robot Market

The global Educational Robot market size is projected to reach USD 991.1 Million by 2026, from USd 879.4 Million in 2020, at a CAGR of 11.8% during 2021-2026.

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Global Educational Robot Scope and Market Size

Educational Robot market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Educational Robot market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.

The following players are covered in this report:

• Fischertechnik
• Lego
• Modular Robotics
• Robotis
• Innovation First International
• Pitsco
• Parallax
• Evollve

Educational Robot Breakdown Data by Type

• Hardware
• Software

Educational Robot Breakdown Data by Application

• Elementary and High School Education
• Higher Education
• Special Education

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