LONDON--(BUSINESS WIRE)--Technavio has been monitoring the K-12 robotic toolkits market and it is poised to grow by USD 319.78 million during 2020-2024, progressing at a CAGR of about 18% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Amtek Co. Inc., Evollve Inc., EZ-Robot Inc., Innovation First International Inc., LEGO Group, Makeblock Co. Ltd., Modular Robotics Inc., Raspberry Pi Foundation, Sphero Inc., and Valiant Technology Ltd. are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
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The increased emphasis on STEM education has been instrumental in driving the growth of the market. However, the availability of substitute products and services might hamper market growth.
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K-12 Robotic Toolkits Market 2020-2024: Segmentation
K-12 Robotic Toolkits Market is segmented as below:
- School Level
- High School
- Middle School
- PreK-elementary School
- Geography
- North America
- Europe
- APAC
- South America
- MEA
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K-12 Robotic Toolkits Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our K-12 robotic toolkits market report covers the following areas:
- K-12 Robotic Toolkits Market Size
- K-12 Robotic Toolkits Market Trends
- K-12 Robotic Toolkits Market Industry Analysis
This study identifies the introduction of drones in K-12 robotic learning programs as one of the prime reasons driving the K-12 Robotic toolkits market growth during the next few years.
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K-12 Robotic Toolkits Market 2020-2024: Key Highlights
- CAGR of the market during the forecast period 2020-2024
- Detailed information on factors that will assist K-12 robotic toolkits market growth during the next five years
- Estimation of the K-12 robotic toolkits market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the K-12 robotic toolkits market
- Analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of K-12 robotic toolkits market vendors
Table of Contents:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
- 2.1 Preface
- 2.2 Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Value Chain Analysis
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2019
- Market outlook
- Market size and forecast 2019-2024
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: CUSTOMER LANDSCAPE
PART 07: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity
PART 08: MARKET SEGMENT BY TYPE OF COURSES
PART 09: MARKET SEGMENTATION BY SCHOOL LEVEL
- Market segmentation by school level
- Comparison by school level
- High school - Market size and forecast 2019-2024
- Middle school - Market size and forecast 2019-2024
- PreK-elementary school - Market size and forecast 2019-2024
- Market opportunity by school level
PART 10: DECISION FRAMEWORK
PART 11: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 12: MARKET TRENDS
- Growing demand for international schools
- Introduction of drones in K-12 robotic learning programs
- Increased adoption of online retail channels for purchasing educational products
PART 13: VENDOR LANDSCAPE
- Overview
- Landscape disruption
- Competitive scenario
PART 14: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Amtek Co. Inc.
- Evollve Inc.
- EZ-Robot Inc.
- Innovation First International Inc.
- LEGO Group
- Makeblock Co. Ltd.
- Modular Robotics Inc.
- Raspberry Pi Foundation
- Sphero Inc.
- Valiant Technology Ltd.
PART 15: APPENDIX
- Research methodology
- List of abbreviations
- Definition of market positioning of vendors
PART 16: EXPLORE TECHNAVIO
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