Educational Robot Market 2022 | Market Worth US$ 3.0 Billion by 2027 | Growth Rate (CAGR) of 16.27% | IMARC Group

The latest report by IMARC Group, titled "Educational Robot Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", offers a comprehensive analysis of the industry, which comprises insights on the global educational robot market. The report also includes competitor and regional analysis, and contemporary advancements in the market.

The global educational robot market reached a value of US$ 1.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 3.0 Billion by 2027, exhibiting a CAGR of 16.27% during 2022-2027.

An educational robot refers to a customized learning support tool that employs realistic educational simulations to provide skill acquisition for students from all age groups. It offers content based on numerous academic and extracurricular subjects. Educational robot models can perform several functions, such as voice control, gestures, advanced mechanics, etc., to ensure the students are engaged, educated, and entertained. They aid in improving communication, enhancing creative problem-solving abilities, learning interpersonal skills, etc. Consequently, educational robot variants find widespread applications across various educational establishments, including K-12 schools, colleges, universities, special-education institutes, etc.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

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Market Trends:

The increasing digitization levels and the expanding utilization of machine learning and Artificial Intelligence (AI) technologies in the education sector are primarily driving the educational robot market. Additionally, the inflating adoption of e-learning techniques, such as flip classrooms, digital robots, digital whiteboards, etc., to promote an interactive and practical learning experience for the students is further augmenting the market growth.

Moreover, the development of innovative robot variants equipped with environmental sensors and autonomous navigation features to identify obstacles in the vicinity is also positively influencing the global market. Besides this, the elevating R&D activities in humanoid robotics undertaken by the key market players and the growing investments in the education sector by the government bodies of emerging markets are anticipated to bolster the educational robot market in the coming years.

Explore the Full Report with TOC & List of Figures: https://www.imarcgroup.com/educational-robot-market

Key Market Segmentation:

Competitive Landscape:

The competitive landscape of the market has been studied in the report with detailed profiles of the key players operating in the market.

Some of these key players include:

• Adele Robots
• Aisoy Robotics
• Arrick Robotics
• Blue Frog Robotics
• DST Robot Co.
• Hanson Robotics
• Idmind
• Macco Robotics
• Pal Robotics
• Primo Toys
• Probotics America
• Qihan Technology Co.
• Robobuilder
• Robotis
• Softbank Robotics Corp.

Breakup by Component:

• Hardware
o Sensors
o Actuator
o Power Source
o Control System
o Others
• Software

Breakup by Product Type:

• Humanoid
• Non-Humanoid

Breakup by End-User:

• K-12
• Universities
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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