Press release
Educational Robots Market To Boom Industry Size: 2023, Growth Perspectives, Development Technologies and Innovations by 2032
Educational Robots Market Insights:Educational Robots Market Size was valued at USD 1.9 Billion in 2022 and is projected to grow from USD 3.2 Billion in 2023 to USD 8.6 Billion by 2030, exhibiting a compound annual growth rate (CAGR) of 18.00% during the forecast period (2023 - 2030). The rise in demand for next-generation robot root technology is the key market drivers enhancing market growth.
Educational robots are revolutionizing the way students learn and engage with STEM (Science, Technology, Engineering, and Mathematics) subjects by providing hands-on, interactive learning experiences. These robots serve as valuable tools for educators to introduce students to programming, robotics, and problem-solving skills in a fun and engaging manner.
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Key Players:
• SoftBank
• BLUE FROG ROBOTICS
• Aisoy Robotics
• QIHAN Technology Co.
• FANUC
• ST Robot Co.
• Hanson Robotics
• PAL Robotics
• Probotics America
• Wonder Workshop
• Ozobot & Evollve, Inc.
• Makeblock, Co. Ltd
• Modular Robotics,
are the notable vendors in the Educational Robots market.
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Educational Robots Market Regional Analysis:
The analysis offers market insights for each region separately, including North America, Europe, Asia-Pacific, and the Rest of the World. With the second-largest market share worldwide, the Asia-Pacific area is one of the marketplaces for educational robots that is expanding the quickest.
Due to their significant economies and rapid economic growth, rising investments in research and education, and a growing use of technology in the educational sector, nations like China, Japan, South Korea, and India are leading the market in the Asia-Pacific region. Additionally, the region has a sizable and expanding student population, which is boosting demand for highly developed and sophisticated educational robots.
The third-largest market share for educational robots is held by the European region. The region is home to some of the top universities in the world and a significant number of technological companies, which together are fueling global demand for highly developed and sophisticated educational robots. One of the biggest markets for educational robots is North America, which also accounts for a sizeable portion of the global market. This can be ascribed to a number of things, including the region's significant technology industry presence, high levels of investment in research and education, and the growing use of technology in the educational sector.
Educational Robots Market Segmentation:
Hardware and software are included in the market segmentation for Educational Robots based on components. In 2022, the hardware sector held the lion's share of the market.
Humanoid and non-humanoid robots are included in the market segmentation for educational robots based on kind. In 2022, the humanoid market accounted for the majority of sales.
Formal and informal schooling are included in the market segmentation for educational robots based on application. In 2022, the formal education segment led the market. From 2023 to 2030, it is expected to increase at a higher rate.
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The educational robots market continues to evolve, driven by advancements in technology, growing demand for STEM education, and the increasing recognition of robotics as a valuable tool for teaching and learning. As educational robots become more sophisticated, accessible, and integrated into curricula and learning environments, they play a crucial role in preparing students for the challenges and opportunities of the future. Collaboration between educators, researchers, industry stakeholders, and policymakers will drive further innovation and adoption of educational robots, shaping the future of education and empowering students to become creative thinkers, problem solvers, and lifelong learners in the digital age.
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