Educational Robot Global Market Report 2024

Description

Educational Robot Global Market Report 2024 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses on educational robot market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

Reasons to Purchase

Gain a truly global perspective with the most comprehensive report available on this market covering 50+ geographies.
Understand how the market has been affected by the coronavirus and how it is responding as the impact of the virus abates.
Assess the Russia - Ukraine war's impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
Measure the impact of high global inflation on market growth.
Create regional and country strategies on the basis of local data and analysis.
Identify growth segments for investment.
Outperform competitors using forecast data and the drivers and trends shaping the market.
Understand customers based on the latest market shares.
Benchmark performance against key competitors.
Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Report will be updated with the latest data and delivered to you within 3-5 working days of order along with an Excel data sheet for easy data extraction and analysis.
All data from the report will also be delivered in an excel dashboard format.

Where is the largest and fastest growing market for educational robot? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The educational robot market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

Scope

Markets Covered:

1) By Type: Service Robot; Industrial Robot
2) By Component: Hardware; Software
3) By Application: Primary Education; Secondary Education; Higher Education; Other Applications
Companies Mentioned: SoftBank Robotics Group Corp; Hanson Robotics Limited; ROBOTIS Co Ltd.; Aisoy Robotics; Blue Frog Robotics & Buddy
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery format: PDF, Word and Excel Data Dashboard.

Executive Summary

Educational robots are specialized robots designed to aid students in acquiring knowledge and enhancing cognitive skills. They play a crucial role in assisting youngsters in developing fundamental cognitive skills, particularly in areas such as mathematical thinking, from a young age.

The main categories of educational robots are service robots and industrial robots. Service robots are designed to provide various services to humans, and in the educational context, they are tailored to support learning activities. Industrial robots, on the other hand, are mechanical machines programmed to autonomously perform tasks related to production in industrial settings. These educational robots consist of both hardware and software components. They find applications across various educational levels, including primary education, secondary education, higher education, and other educational contexts.

The educational robot market research report is one of a series of new reports from The Business Research Company that provides educational robot market statistics, including educational robots industry global market size, regional shares, competitors with an educational robot market share, detailed educational robot market segments, market trends and opportunities, and any further data you may need to thrive in the educational robots industry. This educational robot market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The educational robot market size has grown rapidly in recent years. It will grow from $1.71 billion in 2023 to $2.03 billion in 2024 at a compound annual growth rate (CAGR) of 18.6%. The growth observed in the historical period can be attributed to a focus on active learning methods, the globalization of education, government initiatives in the education sector, evolving pedagogical approaches, and an increased emphasis on STEM (Science, Technology, Engineering, and Mathematics) education.

The educational robot market size is expected to see rapid growth in the next few years. It will grow to $4.06 billion in 2028 at a compound annual growth rate (CAGR) of 18.9%. The projected growth in the forecast period can be attributed to the increasing prevalence of online and remote learning, a heightened focus on social-emotional learning, the adoption of personalized learning paths, applications in early childhood education, ongoing efforts in professional development for educators, and a dedicated focus on data security and privacy in educational settings. Key trends expected in this period include the rise of coding and programming education, the adoption of collaborative and social robots in educational environments, and the integration of artificial intelligence (AI) in educational tools, a strong emphasis on security and privacy considerations, and the expansion of the education technology market in emerging economies.

The growing adoption of smart devices is a significant driver propelling the growth of the education robot market. Smart devices, which connect to the internet or other devices wirelessly, facilitate the seamless integration of educational robots with various mobile platforms. For example, robots can connect to Apple iOS and Google Android devices via Bluetooth 4.0, providing students with an interactive and educational experience. The rising global population, coupled with the increasing prevalence of Internet of Things (IoT) devices and the demand for 5G networks, underscores the expanding landscape of smart devices. Consequently, the surge in smart device adoption is a key factor driving the growth of the educational robot market.

The increasing adoption of online learning is a significant factor propelling the growth of the educational robot market. Online learning, or e-learning, has become a prevalent method for acquiring information and skills, and educational robots enhance this experience by offering practical and engaging ways to study various courses, especially in STEM and technology fields. The enrollment in Massive Open Online Courses (MOOCs) is on a rapid rise, with an anticipated annual expansion rate of 29%. Major educational institutions in the US now offer online courses, contributing to the widespread adoption of online learning. This trend is a key driver for the growth of the educational robot market.

Technological advancements are a crucial trend shaping the educational robot market. Major companies in the market are actively engaged in developing innovative technological solutions to strengthen their market position. For instance, iRobot Corp. introduced Create 3 Educational Robots, leveraging the Roomba i3 Series robot vacuum platform. These robots offer educators and advanced makers a user-friendly alternative to traditional robotics kits, eliminating the need for assembly and testing. The emphasis on technological innovation aligns with the market's goal of providing accessible and advanced educational tools to users interested in robotics.

Major companies in the educational robot market are adopting a strategic partnership approach to enhance their global distribution network. Strategic partnerships involve companies leveraging each other's strengths and resources for mutual benefits. For example, EZ-Robot Inc., a Canada-based educational robot company, formed a partnership with School Specialty to extend its presence in the US educational robotics sector. The collaboration combines EZ-Robot's expertise in creating engaging STEM and STEAM educational experiences with School Specialty's focus on curriculum solutions, providing millions of American students with the skills needed for the future. This strategic partnership contributes to the growth and outreach of the educational robot market.

In November 2021, Imagine Learning, a US-based educational company, successfully acquired Robotify for an undisclosed amount. This strategic move further solidifies Imagine Learning's commitment to its mission of facilitating learning breakthroughs and supporting students in their unique learning journeys. Robotify, based in Ireland, is a company specializing in the development of educational robots.

Major companies operating in the educational robot market report are SoftBank Robotics Group Corp, Hanson Robotics Limited, ROBOTIS Co Ltd., Aisoy Robotics, Blue Frog Robotics & Buddy, LEGO System A/S, PAL Robotics, Wonder Workshop Inc., Makeblock, Modular Robotics, ABB Ltd., FANUC Corporation, YASKAWA Electric Corporation, KUKA, Universal Robots, Robolink, Advanced Robotics for Manufacturing, BrainCo, CoderZ, Cubic Robotics, Dobot Robots, Edisun Microgrids, EdTech Robotics, EZ-Robot, Fable, Gakken Classroom Global, Hexbug, iFlytek, Kano, KUBO Robotics, and Learning Resources.

North America was the largest region in the educational robot market in 2023. Asia Pacific is expected to be the fastest-growing region in the educational robot market report forecast period. The regions covered in the educational robot market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the educational robot market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The educational robot market consists of sales of cubetto robot, bee-bot robot, dash robot, root robot, edison robot. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Product Code: r12655

1. Executive Summary

2. Educational Robot Market Characteristics

3. Educational Robot Market Trends And Strategies

4. Educational Robot Market - Macro Economic Scenario

4.1. Impact Of High Inflation On The Market
4.2. Ukraine-Russia War Impact On The Market
4.3. COVID-19 Impact On The Market

5. Global Educational Robot Market Size and Growth

5.1. Global Educational Robot Market Drivers and Restraints
- 5.1.1. Drivers Of The Market
- 5.1.2. Restraints Of The Market
5.2. Global Educational Robot Historic Market Size and Growth, 2018 - 2023, Value ($ Billion)
5.3. Global Educational Robot Forecast Market Size and Growth, 2023 - 2028, 2033F, Value ($ Billion)

6. Educational Robot Market Segmentation

6.1. Global Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Service Robot
Industrial Robot
6.2. Global Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Hardware
Software
6.3. Global Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
Primary Education
Secondary Education
Higher Education
Other Applications

7. Educational Robot Market Regional And Country Analysis

7.1. Global Educational Robot Market, Split By Region, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
7.2. Global Educational Robot Market, Split By Country, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

8. Asia-Pacific Educational Robot Market

8.1. Asia-Pacific Educational Robot Market Overview
Region Information, Impact Of COVID-19, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies
8.2. Asia-Pacific Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.3. Asia-Pacific Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
8.4. Asia-Pacific Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

9. China Educational Robot Market

9.1. China Educational Robot Market Overview
9.2. China Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.3. China Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion
9.4. China Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F,$ Billion

10. India Educational Robot Market

10.1. India Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.2. India Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
10.3. India Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

11. Japan Educational Robot Market

11.1. Japan Educational Robot Market Overview
11.2. Japan Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.3. Japan Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
11.4. Japan Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

12. Australia Educational Robot Market

12.1. Australia Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.2. Australia Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
12.3. Australia Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

13. Indonesia Educational Robot Market

13.1. Indonesia Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.2. Indonesia Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
13.3. Indonesia Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

14. South Korea Educational Robot Market

14.1. South Korea Educational Robot Market Overview
14.2. South Korea Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.3. South Korea Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
14.4. South Korea Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

15. Western Europe Educational Robot Market

15.1. Western Europe Educational Robot Market Overview
15.2. Western Europe Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.3. Western Europe Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
15.4. Western Europe Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

16. UK Educational Robot Market

16.1. UK Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.2. UK Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
16.3. UK Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

17. Germany Educational Robot Market

17.1. Germany Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.2. Germany Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
17.3. Germany Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

18. France Educational Robot Market

18.1. France Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.2. France Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
18.3. France Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

19. Italy Educational Robot Market

19.1. Italy Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.2. Italy Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
19.3. Italy Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

20. Spain Educational Robot Market

20.1. Spain Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.2. Spain Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
20.3. Spain Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

21. Eastern Europe Educational Robot Market

21.1. Eastern Europe Educational Robot Market Overview
21.2. Eastern Europe Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.3. Eastern Europe Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
21.4. Eastern Europe Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

22. Russia Educational Robot Market

22.1. Russia Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.2. Russia Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
22.3. Russia Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

23. North America Educational Robot Market

23.1. North America Educational Robot Market Overview
23.2. North America Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.3. North America Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
23.4. North America Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

24. USA Educational Robot Market

24.1. USA Educational Robot Market Overview
24.2. USA Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.3. USA Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
24.4. USA Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

25. Canada Educational Robot Market

25.1. Canada Educational Robot Market Overview
25.2. Canada Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.3. Canada Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
25.4. Canada Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

26. South America Educational Robot Market

26.1. South America Educational Robot Market Overview
26.2. South America Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.3. South America Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
26.4. South America Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

27. Brazil Educational Robot Market

27.1. Brazil Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.2. Brazil Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
27.3. Brazil Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

28. Middle East Educational Robot Market

28.1. Middle East Educational Robot Market Overview
28.2. Middle East Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.3. Middle East Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
28.4. Middle East Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

29. Africa Educational Robot Market

29.1. Africa Educational Robot Market Overview
29.2. Africa Educational Robot Market, Segmentation By Type, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.3. Africa Educational Robot Market, Segmentation By Component, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion
29.4. Africa Educational Robot Market, Segmentation By Application, Historic and Forecast, 2018-2023, 2023-2028F, 2033F, $ Billion

30. Educational Robot Market Competitive Landscape And Company Profiles

30.1. Educational Robot Market Competitive Landscape
30.2. Educational Robot Market Company Profiles
- 30.2.1. SoftBank Robotics Group Corp
  - 30.2.1.1. Overview
  - 30.2.1.2. Products and Services
  - 30.2.1.3. Strategy
  - 30.2.1.4. Financial Performance
- 30.2.2. Hanson Robotics Limited
  - 30.2.2.1. Overview
  - 30.2.2.2. Products and Services
  - 30.2.2.3. Strategy
  - 30.2.2.4. Financial Performance
- 30.2.3. ROBOTIS Co Ltd.
  - 30.2.3.1. Overview
  - 30.2.3.2. Products and Services
  - 30.2.3.3. Strategy
  - 30.2.3.4. Financial Performance
- 30.2.4. Aisoy Robotics
  - 30.2.4.1. Overview
  - 30.2.4.2. Products and Services
  - 30.2.4.3. Strategy
  - 30.2.4.4. Financial Performance
- 30.2.5. Blue Frog Robotics & Buddy
  - 30.2.5.1. Overview
  - 30.2.5.2. Products and Services
  - 30.2.5.3. Strategy
  - 30.2.5.4. Financial Performance

31. Global Educational Robot Market Competitive Benchmarking

32. Global Educational Robot Market Competitive Dashboard

33. Key Mergers And Acquisitions In The Educational Robot Market

34. Educational Robot Market Future Outlook and Potential Analysis

34.1 Educational Robot Market In 2028 - Countries Offering Most New Opportunities
34.2 Educational Robot Market In 2028 - Segments Offering Most New Opportunities
34.3 Educational Robot Market In 2028 - Growth Strategies
- 34.3.1 Market Trend Based Strategies
- 34.3.2 Competitor Strategies

35. Appendix

35.1. Abbreviations
35.2. Currencies
35.3. Historic And Forecast Inflation Rates
35.4. Research Inquiries
35.5. The Business Research Company
35.6. Copyright And Disclaimer