PUBLISHER: Market Research Future | PRODUCT CODE: 1555583
PUBLISHER: Market Research Future | PRODUCT CODE: 1555583
Global Educational Robots Market Research Report Information by Type (Programmable Robots, Humanoid Robots, Pre-build Robot, and Modular Robots), by Component (Sensors, End-Effectors, Actuators, Controllers, Software), by Application (Higher Education and Special Education), and by Region (North America, Europe, Asia-Pacific, Middle East & Africa and South and Central America) -Industry Size, Share and Forecast Till 2032
The Educational Robots Market was valued at USD 1,287.8 million in 2022. The Educational Robots market is expected to increase from USD 1,485.0 million in 2023 to USD 6,061.2 million by 2032, with a compound yearly growth rate (CAGR) of 16.9% over the forecast period (2023-2032). Rising use of e-learning and stem education, increased automation in the education sector, and rising government and non-governmental organization (NGOS) investments in the education industry are the key market drivers propelling the Educational Robots market forward.
AI can enable robots to deliver individualized content depending on student accomplishment, adjust to individual learning styles, and provide real-time feedback. The integration of AI and IoT in educational robotic systems enables personalized and interactive learning experiences. IoT connectivity provides remote monitoring, data collecting, and collaboration between robots and other equipment, thereby improving the whole learning ecology. AI and IoT combined can enable educational robots to create dynamic and immersive learning environments that meet the changing demands of students and educators.
Market Segment insights
The Educational Robots Market is segmented by type, including Programmable Robots, Humanoid Robots, and Pre-built Robots.
Sensors, end-effectors, actuators, controllers, and software are the components used to segment the market.
Higher Education and Special Education are two application-based market segments.
Regional insights
The study covers North America, Europe, Asia-Pacific, and South and Central America. In 2022, the Asia Pacific Educational Robots market accounted for around 39.6%, driven by the region's major educational robot businesses and growing popularity of sports. The government's concerted efforts to boost educational standards across the area are likely to accelerate the deployment of educational robots. Furthermore, regional players' constant pursuit of robotics technology advancements acts as a stimulus for the introduction of educational robots into curriculum. Leading the way in innovation, South Korea and Japan have made significant contributions to the development of numerous robot kinds. In China, the rising demand for at-home education is transforming the landscape and driving the intelligent education hardware industry.
Europe is an important area for the expansion of the educational robot market since it is home to numerous industrialized countries with high levels of educational expenditure, such as Germany, the United Kingdom, France, Italy, Norway and Sweden. Because of its proclivity to adopt cutting-edge technical solutions across a variety of industries, the region is ideal for the advancement of the educational robot market.
Key Market Players
The market's leading companies include ABB, SoftBank Group, BLUE FROG ROBOTICS, Wonder Workshop, ROBOTIS, Sanbot Innovation Technology, Hanson Robotics, Honda, Sphero, Yaskawa, LEGO, Makeblock, Co. Ltd, Modular Robotics, and Wowee.