PUBLISHER: Grand View Research | PRODUCT CODE: 1552949
PUBLISHER: Grand View Research | PRODUCT CODE: 1552949
Educational Robot Market Size, Share & Trends Analysis Report By Product (Non-humanoid, Humanoid), By Application (Primary, Secondary, Higher, Others), By Region, And Segment Forecasts, 2024 - 2030
Educational Robot Market Growth & Trends:
The global educational robot market size is expected to reach USD 5.56 billion by 2030, growing at a CAGR of 26.2% from 2024 to 2030, according to a new study by Grand View Research, Inc. 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.
The market growth is expected to be further proliferated by favorable government initiatives across several countries. For instance, in 2022, the U.S. government increased funding for STEM activities. The funding for Student Support and Academic Enrichment Grants increased to USD 1.3 billion, Career and Technical Education (CTE) to USD 1.4 billion, Supporting Effective Instruction State Grants to USD 2.2 billion, and 21st Century Community Learning Centers to USD 1.3 billion. This increased funding is anticipated to drive the market growth over the forecast period.
Educational Robot Market Report Highlights:
- The humanoid segment is expected to grow at the fastest CAGR of 23.1% over the forecast period
- The segment growth is attributed to the increased product adoption due to their human-like characteristics resembling the real-life teachers
- The primary education application segment is expected to record a CAGR of 27.9% from 2024 to 2030. This is attributed to the increasing adoption of robots by educational institutions to encourage STEAM education among children aged below 10 years
- North America captured the highest market share in 2023 owing to the presence of a large number of major players and increasing investments from government organizations in robotics
Table of Contents
Chapter 1 Methodology And Scope
- 1.1 Market Segmentation & Scope
- 1.2 Market Definitions
- 1.3 Information Procurement
- 1.3.1 Information Analysis
- 1.3.2 Market Formulation & Data Visualization
- 1.3.3 Data Validation & Publishing
- 1.4 Research Scope And Assumptions
- 1.4.1 List To Data Sources
Chapter 2 Executive Summary
- 2.1 Educational Robot Market Snapshot
- 2.2 Educational Robots - Segment Snapshot
- 2.3 Educational Robot - Competitive Landscape Snapshot
Chapter 3 Educational Robot Market - Industry Outlook
- 3.1 Market Lineage Outlook
- 3.2 Value Chain Analysis
- 3.3 Market Dynamics
- 3.3.1 Market Driver Analysis
- 3.3.1.1 Ongoing Technological Advancements In Robotics
- 3.3.1.2 Emphasis On Stem Education
- 3.3.1.3 Investment Into Edtech By Government And Non-government Organizations
- 3.3.2 Market Restraint Analysis
- 3.3.2.1 High Development Cost
- 3.3.2.2 Scarcity Of Teacher Training And Upskilling Programs
- 3.3.3 Market Opportunity Analysis
- 3.3.3.1 Rise In Demand For Humanoid Robots
- 3.3.3.2 Increasing Numbers Of New Entrants
- 3.3.1 Market Driver Analysis
- 3.4 Industry Analysis Tools
- 3.4.1 Porter's Analysis
- 3.4.2 Macroeconomic Analysis
- 3.5 Educational Robot Market: Technology Trend
- 3.5.1 Expanding K-12 Robotics Industry
- 3.5.2 Cloud Robotics In Education Sector
- 3.6 Educational Robot Market - Regulatory Landscape
- 3.6.1 Industry Roadmap - Evolution Of Education Robot Industry
- 3.7 Educational Robot Market - Covid-19 Impact Analysis
Chapter 4 Educational Robot Market: Product Type Estimates & Trend Analysis
- 4.1 Product Type Movement Analysis & Market Share, 2022 & 2030
- 4.2 Educational Robot Market Estimates & Forecast, By Product Type (USD Million)
- 4.2.1 Humanoid
- 4.2.2 Non-humanoid
Chapter 5 Educational Robot Market: Application Estimates & Trend Analysis
- 5.1 Application Movement Analysis & Market Share, 2022 & 2030
- 5.2 Educational Robot Market Estimates & Forecast, By Application (USD Million)
- 5.2.1 Primary Education
- 5.2.2 Secondary Education
- 5.2.3 Higher Education
- 5.2.4 Others
Chapter 6 Regional Estimates & Trend Analysis
- 6.1 Educational Robot Market: Regional Outlook
- 6.2 North America
- 6.2.1 North America Educational Robot Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.2.2 U.S.
- 6.2.2.1 U.S. Educational Robot Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.2.3 Canada
- 6.2.3.1 Canada Educational Robot Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.3 Europe
- 6.3.1 Europe Educational Robot Market Estimates & Forecasts, 2018 - 2030
(USD Million)
- 6.3.2 Germany
- 6.3.2.1 Germany Educational Robot Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.3.3 UK
- 6.3.3.1 UK Educational Robot Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.3.4 France
- 6.3.4.1 France Educational Robot Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.3.5 Italy
- 6.3.5.1 Italy Educational Robot Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4 Asia Pacific
- 6.4.1 Asia Pacific Educational Robot Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4.2 China
- 6.4.2.1 China Educational Robot Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4.3 India
- 6.4.3.1 India Educational Robot Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.4.4 Japan
- 6.4.4.1 Japan Educational Robot Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.5 Latin America
- 6.5.1 Latin America Educational Robot Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.5.2 Brazil
- 6.5.2.1 Brazil Educational Robot Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.5.3 Mexico
- 6.5.3.1 Mexico Educational Robot Market Estimates & Forecasts, 2018 - 2030 (USD Million)
- 6.6 Middle East And Africa
- 6.6.1 Middle East And Africa Educational Robot Market Estimates & Forecasts, 2018 - 2030 (USD Million)
Chapter 7 Educational Robot Market - Competitive Landscape
- 7.1 Key Market Participants
- 7.1.1 Aisoy Robotics
- 7.1.2 Blue Frog Robotics
- 7.1.3 Lego Systems A/s
- 7.1.4 Modular Robotics (Including Cubelets)
- 7.1.5 Pal Robotics
- 7.1.6 Pitsco Education Llc
- 7.1.7 Robotis Inc.
- 7.1.8 Softbank Robotics Group
- 7.1.9 Rm Educational Resources Ltd. (Tts)
- 7.1.10 Learning Resources
- 7.1.11 Educational Insights
- 7.1.12 Makeblock
- 7.1.13 Artec Co. Ltd.
- 7.1.14 Ozo Edu Inc.
- 7.1.15 Sphero Inc.
- 7.1.16 Wonder Workshop Inc.
- 7.1.17 Vex Robotics Inc.
- 7.1.18 Dobot
- 7.1.19 Thames & Kosmos
- 7.1.20 Wowwee Group Limited
- 7.2 Recent Developments & Impact Analysis
- 7.3 Company Categorization
- 7.4 Participant's Overview
- 7.5 Financial Performance
- 7.6 Product Benchmarking
- 7.7 Company Market Positioning
- 7.8 Educational Robot Market - Company Market Share Analysis, By Region, 2022
- 7.8.1 North America
- 7.8.2 Europe
- 7.8.3 Asia Pacific
- 7.8.4 Latin America
- 7.8.5 Middle East & Africa
- 7.9 Company Heat Map Analysis
- 7.10 Strategy Mapping
- 7.10.1 Expansion
- 7.10.2 Merger And Acquisition
- 7.10.3 Collaborations
- 7.10.4 New Product Launches
- 7.10.5 Research And Development
List of Tables
- Table 1 Educational Robot Market - Key market driver impact
- Table 2 U.S. Department of Education's discretionary grants that supported STEM (2020)
- Table 3 U.S. Public Educational Spending per Student (2022)
- Table 4 Key market restraint/challenges impact
- Table 5 Cost associated with educational robot development
- Table 6 Key market opportunity impact
- Table 7 Global Educational Robot Market Revenue Estimates and Forecast, By Product Type, 2018 - 2030 (USD Million)
- Table 8 Global Educational Robot Market Revenue Estimates and Forecast, By Application, 2018 - 2030 (USD Million)
- Table 9 Recent Developments & Impact Analysis, By Key Market Participants
- Table 10 Company Heat Map Analysis
- Table 11 Key Companies undergoing expansions.
- Table 12 Key Companies undergoing merger and acquisition.
- Table 13 Key Companies undergoing collaborations.
- Table 14 Key Companies launching new products.
- Table 15 Key Companies launching research and development.
List of Figures
- Fig. 1 Educational Robot Market Segmentation
- Fig. 2 Information Procurement
- Fig. 3 Data Analysis Models
- Fig. 4 Market Formulation And Validation
- Fig. 5 Data Validating & Publishing
- Fig. 6 Market Snapshot
- Fig. 7 Segment Snapshot
- Fig. 8 Competitive Landscape Snapshot
- Fig. 10 Educational Robots - Industry Value Chain Analysis
- Fig. 11 Market dynamics
- Fig. 12 Annual expenditure per student on educational institutions (2019), by country
- Fig. 13 Global funding to Ed-Tech companies (2019)
- Fig. 14 Educational robot market: PORTER's Analysis
- Fig. 15 Educational Robot Market: PESTEL Analysis
- Fig. 16 Educational Robot Market: Industry Roadmap
- Fig. 17 Educational Robot Market, Solution: Key Takeaways
- Fig. 18 Educational Robot Market, by Product Type: Market Share, 2022 & 2030
- Fig. 19 Humanoid market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 20 Non-humanoid market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 21 Educational Robot Market, by Application: Key Takeaways
- Fig. 22 Educational Robot Market, by Application: Market Share, 2022 & 2030
- Fig. 23 Primary education market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 24 Secondary education market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 25 Higher education market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 26 Others market estimates & forecasts, 2018 - 2030 (USD Million)
- Fig. 27 Educational Robot Market Revenue By Region, 2022 & 2030 (USD Million)
- Fig. 28 Regional marketplace: Key takeaways
- Fig. 29 North America Educational Robot market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 30 U.S. Educational Robot market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 31 Canada Educational Robot market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 32 Europe Educational Robot market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 33 Germany Educational Robot market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 34 UK Educational Robot market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 35 France Educational Robot market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 36 Italy Educational Robot market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 37 Asia Pacific Educational Robot market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 38 China Educational Robot market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 39 India Educational Robot market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 40 Japan Educational Robot market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 41 Latin America Educational Robot market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 42 Brazil Educational Robot market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 43 Mexico Educational Robot market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 44 MEA Educational Robot market estimates & forecast, 2018 - 2030 (USD Million)
- Fig. 45 Key Company Categorization
- Fig. 46 Company Market Positioning
- Fig. 47 Global Company Market Share Analysis, 2022
- Fig. 48 North America educational robot market - company market share
- Fig. 49 Europe educational robot market - company market share
- Fig. 50 Asia Pacific educational robot market - company market share
- Fig. 51 Latin America educational robot market - company market share
- Fig. 52 Middle East & Africa educational robot market - company market share
- Fig. 53 Strategic framework
