Global Educational Robots Market-Analysis 2019: By Drivers & Strains, Size and Share, Technology, New Innovations, Future Road-map to 2025
This report presents the worldwide Educational Robots market size (value, production and consumption), splits the breakdown (data status 2013-2018 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter’s Five Forces Analysis.
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 Educational Robots market was valued at xx Million US$ in 2017 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Educational Robots.
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The following manufacturers are covered in this report:
- Modular Robotics
- Innovation First International
- Parallax, Inc.
Educational Robots Breakdown Data by Type
- Wheeled robot
- Humanoid robot
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Educational Robots Breakdown Data by Application
- Primary School
- Secondary School
Educational Robots Production by Region
- United States
- South Korea
- Other Regions
The study objectives are:
- To analyze and research the global Educational Robots status and future forecast involving, production, revenue, consumption, historical and forecast.
- To present the key Educational Robots manufacturers, production, revenue, market share, and recent development.
- To split the breakdown data by regions, type, manufacturers and applications.
- To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
- To identify significant trends, drivers, influence factors in global and regions.
- To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Educational Robots market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2017 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
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