Press release
Solar Robot Kit Market Showing 32.50% CAGR Growth to 2021: Company Profiles & Trends Analysis
Market reaserch analysts forecast the global Solar Robot Kit market to grow at a CAGR of 32.50% during the period 2017-2021.
The report analyses robot kits that are solar-powered and eliminate the need for batteries for operation. They are used for educational purposes as a part of curricula, as well as a toy or hobby kit. Technavio analysts conducted a preliminary study that showed that the demand for such solar robot kits has been proliferating, as they are relatively low-priced compared with battery-powered robot kits, and can be easily operated by students. With the emergence of new paradigms in education, institutions across the world are introducing new educational methodologies in science, technology, engineering and mathematics (STEM) education. Educational institutions are expected to introduce robotics by incorporating more activity-based learning methods in their curricula. Apart from teaching students the elementary concepts of robotics, solar robot kits will also help students imbibe the knowledge about the importance of green energy.
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Covered in this report
The report covers the present scenario and the growth prospects of the global solar robot kit market for 2017-2021. To calculate the market size, the report considers the retail selling price is considered as the average selling price of the product.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Market reaserch report, Global Solar Robot Kit Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market
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Key vendors: Edu-Science, Elenco Electronics, OWI, Solarbotics, TEDCO.
Other prominent vendors: Embo, Robotics Gate, Seeed Development, Thames & Kosmos.
Market driver: Increase in adoption of activity-based learning methods in schools, For a full, detailed list, view our report.
Market challenge: Threat from counterfeit products, For a full, detailed list, view our report.
Market trend: Science fairs and events stimulating interest in STEM-related careers in Europe, For a full, detailed list, view our report.
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