A recent report published by Infinium Global Research on educational robots market provides an in-depth analysis of segments and sub-segments in the global as well as regional educational robots market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional educational robots market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global educational robots market. According to the report, the global educational robots market is projected to grow at a CAGR of 16.2% over the forecast period of 2019-2025.
Educational robotics is a transformational tool for learning, coding, computational thinking, and engineering. It is included within the science, technology, engineering, and mathematics education. Educational robotics helps students to develop teamwork and co-operative skills, communicate and learn different advanced technological platforms. Additionally, it helps the students to know their strengths, weaknesses, and passion and will create knowledgeable leaders for tomorrow. Moreover, it is helpful solutions for those students who cannot attend school.
An educational robot is a special tool for early and special education. Nowadays, there are many education robots are available for children and young people. Furthermore, the major factor such as advancements in technology in robotics and the use of robots for educational purposes drives the growth of the global educational robots’ market. Additionally, growing expenditure in the field of research and development coupled with growing popularity about educational robots as a learning tool is likely to have a positive impact on market growth. However, the high cost of education robots is expected to hamper the growth of the educational robot’s market. Furthermore, the growing demand for humanoid robots is expected to provide growth opportunities for the global educational robots market.
Among the region, the global educational robots market is segmented into North America, Europe, Asia Pacific, and RoW. North America and Europe are dominating the global educational robots market. This is due to the growing adoption rate of education robots in numerous educational institution. Technological advancement and science-related intellectuality in children are helping to the market growth. The emergence of affordable educational robots along with increasing adoption of classroom automation equipment in the regions are some factors responsible for the growth of the market in the Asia Pacific region. The Middle East and Africa region is projected to witness modest growth over the forecast period.
The report on global educational robots market covers segments such as component, type, and education level. On the basis of component, the sub-markets include hardware, and software. On the basis of type, the sub-markets include non-humanoid, and humanoid. On the basis of education level, the sub-markets include elementary and high school education, special education, and higher education.
The report provides profiles of the companies in the market such as Blue Frog Robotics, Aisoy Robotics, Wonder Workshop, Probotics America, Qihan Technology Co., Hanson Robotics Limited, PAL Robotics, Robotis, SoftBank Group, and Other Companies.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of educational robots market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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