Educational Robot Market Report 2021 Detailed Impact Analysis of COVID-19, Opportunities, Challenges and Future Growth Companies Aisoy Robotics, Hanson Robotics Limited, Modular Robotics and PAL Robotics

According to our latest market study on “Educational Robot Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type and Application,” the educational robot market is projected to reach US$ 3,327.74 million by 2028 from US$ 919.71 million in 2021; it is estimated to grow at a CAGR of 20.2% from 2021 to 2028.

Various educational institutes focusing on improving the teaching methods in the science, technology, engineering, and mathematics (STEM) disciplines. Educational robots are likely to assist in their improvement goals. These robots have the high computing power and help deliver STEM lessons to modern education. They also allow learners to learn naturally and adopt the principles of computational thinking. Moreover, the DIY kits are emerging as a boon for the educational robot markets. The kits are meant to assist in design and programming, as well as to enhance the problem learning skills among STEM students.

Schools and colleges are including various aspects of robotics in their curricula to enhance the problem-solving skills of students. Moreover, various government initiatives and programs are encouraging schools and universities to adopt robotic-based learning. These factors are expected to drive the educational robot market during the forecast period.

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Escalating Demand for Robots for Learning Languages Boosts Educational Robot Market Growth

The humanoid robots have human-like features, and they can interact using social tools and the environment. Human-Robot interaction has gained considerable attention at research centers and educational institutes. In addition to their applications in STEM education, robots are being used for developing communication skills among children in various countries, as they can be integrated with various languages. In 2018, the Ministry of Education in Japan announced the deployment of 500 robots in schools to improve the English speaking capabilities of students.

Competitive scenario:

The study assesses factors such as segmentation, description, and applications of Educational Robot industries. It derives accurate insights to give a holistic view of the dynamic features of the business, including shares, profit generation, thereby directing focus on the critical aspects of the business.

The final report will add the analysis of the Impact of Covid-19 in this report Educational Robot Market.

Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global Educational Robot Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the Educational Robot Market is analysed and depicted in the report.

Some of the companies competing in the Educational Robot Market are 

Aisoy Robotics
Hanson Robotics Limited
Modular Robotics
PAL Robotics
Probotics America
Sanbot Innovation Technology., Ltd
Life & Science, Inc.
Robotis Co., Ltd.
SoftBank Robotics Group Corp.
Lego System A/S.

Segmentation

The Educational Robot Market has been segmented on the basis of different aspects. The market is also segmented according to region. The Educational Robot Market has been segmented into Latin America, North America, Asia Pacific, Europe, and the Middle East & Africa on the basis of region

Research Methodology

The report has its roots definitely set in thorough strategies provided by proficient data analysts. The research methodology involves the collection of information by analysts only to have them studied and filtered thoroughly in an attempt to provide significant predictions about the market over the review period. The research process further includes interviews with leading market influencers, which makes the primary research relevant and practical. The secondary method gives a direct peek into the demand and supply connection. The market methodologies adopted in the report offer precise data analysis and provides a tour of the entire market. Both primary and secondary approaches to data collection have been used. In addition to these, publicly available sources such as SEC filings, annual reports, and white papers have been used by data analysts for an insightful understanding of the market. The research methodology clearly reflects an intent to extract a comprehensive view of the market by having it analyzed against many parameters. The valued inputs enhance the report and offer an edge over the peers.

Drivers & Constraints

The Educational Robot Market rests united with the incidence of leading players who keep funding to the market’s growth significantly every year. The report studies the value, volume trends, and the pricing structure of the market so that it could predict maximum growth in the future. Besides, various suppressed growth factors, restraints, and opportunities are also estimated for the advanced study and suggestions of the market over the assessment period.

Educational Robot Market Segmented by Region/Country: North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America

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