Educational Robots Market is expected to represent Significant CAGR of 24.5% by 2030 | Aisoy Robotics, Blue Frog Robotics

The global educational robot market size is expected to reach USD 5.52 billion by 2030, growing at a CAGR of 24.5% from 2023 to 2030, according to a new study by Global Market Vision. The growth in the market can be attributed to the increasing preference for interactive learning methods in educational institutions. These robots incorporate real-life educational models to facilitate skill acquisition and offer a wide range of information in subjects like STEAM, computer programming, linguistics, history, and geography. In addition, the incorporation of advanced mechanics, voice control, and gestures keep young students engaged while enhancing their educational experience.

This, in turn, is expected to drive the market growth over the forecast period. The rise of Artificial Intelligence (AI) technology and its integration into robotics has transformed the global education industry by providing personalized learning experiences and increased access to education while reducing the workload on teachers. Moreover, educational robots are being programmed to suit students' individual needs, which has further improved K-12 learning, specifically for students with special needs. For instance, Children with Autism Spectrum Disorder (ASD) can be supported better by technologically advanced robots in the learning of social and communication skills. Such technological advancements are anticipated to propel the market growth over the forecast period.
In addition, the companies are entering into partnership and collaborative agreements to develop new and enhanced offerings to gain a competitive edge in the market. For instance, in February 2023, AAEON Technology Inc., a manufacturer of industrial and embedded computing platforms, partnered with PlayRobot to launch a development kit for educational robots. This educational robot kit, developed jointly by AAEON and PlayRobot, will enable students and teachers to gain first-hand experience with AI and robotics development while introducing innovative technology to the classrooms. Such initiatives by key players are anticipated to drive the market's growth over the forecast period.

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The objective of the report is to present a comprehensive analysis of the Educational Robots Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. POSTER, SWOT, and PESTEL analyses with the potential impact of macroeconomic factors on the market have been presented in the report.

Major Market Players Profiled in the Report include:
• Aisoy Robotics
• Blue Frog Robotics
• LEGO Systems A/S
• Modular Robotics (including Cubelets)
• PAL Robotics
• Pitsco Education LLC
• ROBOTIS Inc.
• SoftBank Robotics Group
• RM Educational Resources Ltd. (TTS)
• Learning Resources
• Educational Insights
• Makeblock
• Artec Co. Ltd.
• Ozo EDU Inc.
• Sphero Inc.
• Wonder Workshop Inc.
• VEX Robotics Inc.
• Dobot
• Thames & Kosmos
• WowWee Group Limited

Global Educational Robots Market Segmentation:
The global market is segmented on the basis of type, application and region. Growth between market segments can help the user/investor analyze niche market growth points, go-to market strategies, and differentiate between core application areas and target markets.

Educational Robots Market by Type:
• Humanoid
• Non-humanoid

Educational Robots Market by Application:
• Primary Education
• Secondary Education
• Higher Education
• Others

The report provides precise information about each Educational Robots market's key players and upcoming competitors. Their global standing, economic activity, plans, product launches, R&D activities, as well as SWOT analysis, revenue share, and contact information are shared in this analysis report. The business strategies of important players and recent market entrants, such as collaborations, mergers and acquisitions, joint ventures, and partnerships, are thoroughly examined.

The report reveals a growing opportunity for manufacturers who are ready to spend on developing new and innovative goods. Businesses can position themselves for success in this dynamic and ever-changing market by keeping up with the most recent trends and innovations in the sector. For better understanding, the insights in the report are presented through a graphical representation of the figures in the form of bar graphs, statistics, and pie charts.

Important Features that are under Offering Educational Robots Market Highlights of the Reports:
⋆ Detailed Overview of this Market
⋆ Changes in industry market dynamics
⋆ Detailed market segmentation by type, application, etc.
⋆ The historical, current, and projected market size in terms of quantity and value
⋆ Recent industry trends and developments
⋆ Competition situation of this Market
⋆ Key companies and product strategies
⋆ Potential niche segment/region showing promising growth.

The Primary Objectives in This Report Are:
• To determine the size of the total market opportunity of global and key countries
• To assess the growth potential for Educational Robots
• To forecast future growth in each product and end-use market
• To assess competitive factors affecting the marketplace
• This report profiles key players in the global Educational Robots market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments.
• This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Scope of the Educational Robots Market Report:
The research examines the key players in the global Educational Robots market in detail, focusing on their market share, gross margin, net profit, sales, product portfolio, new applications, recent developments, and other factors. This study estimates the market size in terms of both values (millions of dollars) and volume (millions of units / K Units). Both top-down and bottom-up techniques were used to estimate and validate the market size of the Educational Robots market, as well as the size of various other dependent submarkets in the overall market. To identify important market participants, secondary research was utilized, and primary and secondary research was employed to determine their market shares. All percentage share splits and breakdowns were calculated using secondary sources and verified sources.

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The final report will add the analysis of the Impact of Covid-19 in this report Educational Robots Market.
Adapting to the recent novel COVID-19 pandemic, the impact of the COVID-19 pandemic on the global Educational Robots Market is included in the present report. The influence of the novel coronavirus pandemic on the growth of the Educational Robots Market is analyzed and depicted in the report.

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