Brandessence Market Research has published a new report titled “Educational Robots Market: Historical and Forecasts by Component (Hardware, Software), by Type (Humanoid, Non-Humanoid), by Education Stages (Elementary and High School Education, Higher Education and Special Education): Global Industry overview, Comprehensive Analysis, Size, Share, Growth, Trends and Forecast, 2018 – 2024”. According to the Brandessence Market Research Analyst, Educational Robots market is expected to grow at around 20% CAGR during the forecast period 2018-2024.
Introduction to Educational Robots Industry:
Educational Robots is a revolutionary advancement in technology deals with collection of activities, instructional programs, physical platforms, educational resources. Many schools and education institute use robots for teaching purpose. Educational robotics provides a set of experience to facilitate the student’s development of knowledge, skills and attitudes for the design, analysis.
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Market Dynamics for Educational Robots industry:
The increasing requirement for an effective training management system in education field is the primary driving factor of the Educational Robots market. Growing demand of digitalization and technological advancement are the factors affecting educational robots market positively. In addition, emergence of IoT is expected to drive the market at fast pace in coming years. However, high installation cost of robots in school and colleges may hamper the growth of educational robot’s market. The Internet of Things (IoT) is expected to reach around 500 Billion by 2020. The integration of IoT in educational robots is expected to grow the market in forecast period.
Recently in 2018, Robotical companys Marty the Robot has been named as a finalist in the 2018 Made In Scotland Awards.
Global Educational Robots Market: Segment Overview
The global Educational Robots market is estimated to register significant CAGR between 2018 and 2024. The report included a detailed competitive scenario and portfolio of leading vendors operating in Educational Robots market all across the world. The report gives detailed segments analysis of Educational Robots market in which the report describes the market into component, types, education stages and regional segments. Based upon component, educational robots market is classified as hardware and software. On the basis of educational robot’s type, the market has been segmented as humanoid and non-humanoid. Based upon education stages, market of educational robots is classified as elementary and high school education, higher education, special education. The regions covered in this report are North America, Europe, Asia-Pacific and Rest of the World. North America dominates the market with highest market share due to increased healthcare conditions. Europe is second largest market for Educational Robots and it is expected to generate new opportunity with product innovation and increased investment in research and development. Asia Pacific educational robots market is witnessed with strong growth rate due to increased government initiatives for infrastructure development.
Browse the full “Educational Robots Market: Historical and Forecasts by Component (Hardware and Software), by Type (Humanoid and Non-Humanoid), by Education Stages (Elementary and High School Education, Higher Education, Special Education): Global Industry overview, Comprehensive Analysis, Size, Share, Growth, Trends and Forecast, 2018 – 2024”. Report @ https://www.brandessenceresearch.com/semiconductor/global-educational-robots-market-2018-2024/
This report segment of global Educational Robots market as Follows:
Global Educational Robots Market by Component,
Global Educational Robots Market by Type,
Global Educational Robots Market by Education Stages,
- Elementary and High School Education
- Higher Education
- Special Education
Global Educational Robots Market by Regional
- North America
- Asia Pacific
- Southeast Asia
- Latin America
- The Middle East and Africa
- Rest of MEA
This Global Educational Robots Market Report Covers Top Players Like,
- Qihan Technology Co.
- DST Robot Co.
- Pal Robotics
- Hanson Robotics
- Modular Robotics
- Tetrix Robotics
- Bluefrog Robotics
- Bossa Nova Robotics
- Evollve, Honda Motor
- Innovation First International
- Toshiba Machines
- Yujin Robo
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