The global educational robots market to grow at a CAGR of 21.5% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global educational robots market for 2016-2020. To calculate the market size, we have considered the revenue generated from sales and aftermarket services of educational robots catering to K-12 and elementary schools. The report also includes a discussion of the key vendors operating in this market.
The benefits of technology across different industries has led the education industry to become adopt the latest and most-suitable technologies to enhance teaching delivery and learning experience. With advances in technology, robotics has been successfully integrated into various sectors. Industrial robots have replaced the manual workload in many industries while service robots are used in household activities and dusting the house automatically. Education and entertainment robots are the fastest growing robots among consumer robotics, witnessing a dramatic shift in their use in educational institutions.
According to the report, a key growth driver is the rising demand in emerging markets in Asia. Digitization of education has led to the emergence of educational robots in various countries of Asia such as China, Japan, and India. Digitization has increased the adoption of modern computing devices and AI-based robotics learning in education institutes to upgrade learning procedures. The educational robots market in Asia has emerged rapidly because of high growth in the sales of portable robots.
Further, the report states that one challenge that could restrict market growth is the complex programming structure of humanoid robots.
- Modular Robotics
- Tetrix Robotics
Other prominent vendors
- Bluefrog Robotics
- Bossa Nova Robotics
- Honda Motor
- Innovation First International
- Toshiba Machines
- Yujin Robot
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by product
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Impact of drivers
Part 10: Market challenges
Part 11: Impact of drivers and challenges
Part 12: Market trends
Part 13: Vendor landscape
Part 14: Key takeaways
Part 15: Appendix
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