Press release
Educational Robot Market to Grow at a CAGR of 20.2% to reach US$ 3,327.74 million By 2028
Increasing Demand for Robots for Learning Languages to Provide Growth Opportunities for Educational Robot Market PlayersVarious 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 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 programing, as well as to enhance the problem learning skills among STEM students.
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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.
Educational Robot Market - Company Profiles
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.
The educational robot market has been segmented as follows:
By Type:
Humanoid
Non-Humanoid
By Application:
Primary Education
Secondary Education
Higher Education
Others
Impact of COVID-19 Pandemic on Educational Robot Market:
The education technology industry has been flourishing at an impressive pace across the globe due to high adoption of different technologies in education-related applications as well as due to growing investments and funding in start-ups. However, the shuttering of schools in major economies in the wake of the COVID-19 pandemic has compelled a large number of schools and universities to adopt distance learning through virtual classrooms as well as online exams and assessment tools, which is negatively impact the educational robot market growth. Moreover, the sudden shutdown of all economic activities across all major regions has impacted the manufacturing of educational robots as well as disrupted the supply chain of the robotics industry.
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Players operating in the educational robot market are mainly focused on the development of advanced and efficient products.
In 2020, Modular Robotics launched Cubelets Console, a software which allows users to program the cubelets by replacing C programming apps and Blockly.
In September 2019, Hanson Robotics introduced Little Sophia, which is a tutorial companion indulged in teaching STEM, Artificial intelligence (AI), and coding to kids with a playful personality.
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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 specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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