The educational robot is specially developed by the manufacturer in order to stimulate students' interest in learning, cultivate students' comprehensive abilities. It can be robot products, kit or parts. In addition to the robot body itself, there are corresponding control software and teaching textbooks and so on. Because of adapting to the new curriculum, educational robot has played a positive role in the cultivation and improvement of students' scientific literacy.
Major factors driving growth of this market include the increasing investment in education industry by Government and Non-governmental organization, the progress of robot manufacturing technology and the decrease of production cost. Furthermore a vast market demand is the key driving factor.
Wheeled robots are the largest segment in the educational robots market and are expected to occupy around 56% of the total market share. These robots are assembled in the shape of toys and are mainly used in elementary schools to engage and teach students. These robots are expected to be very much in demand because of the rising number of government initiatives in the deployment of students-friendly wheeled robots this segment sales is expected to grow at a CAGR of more than 5.14% during the forecast period.
South of USA market is expected to become the fastest growing market, increasing product mutuality and availability is the key point.
South of USA is poised to grow at the highest CAGR during the forecast period owing to the increasing investment in education industry by local government, the increase in disposable income of local residents in this region, and rising focus of prominent players in this market increasing technology level.
The average price will fall further
The product average price declined in the past few years due to the technology development, the average price will keep this trend in the few future years due to increasing mature manufacturing technology and lowing cost of raw materials. Strong market competition is resulting in annual 2 percent price erosion.
The report offers detailed coverage of Educational Robots industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Educational Robots by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Educational Robots market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Educational Robots market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
Fischertechnik
Lego
Modular Robotics
Robotis
Innovation First International
Pitsco
Parallax, Inc.
Evollve
At the same time, we classify Educational Robots according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Wheeled robot
Humanoid robot
Others
Market by Application
Primary School
Secondary School
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Educational Robots market for the forecast period 2021 - 2025?
• What are the driving forces in the Educational Robots market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Educational Robots industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?