Educational Robot Market By Type (Service Robot, Industrial Robot), By Component (Hardware, Software), By End User (Primary Education, Secondary Education, Higher Education, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031
The global educational robot market was valued at $1.19 billion in 2021 and is projected to reach $5.84 billion by 2031, registering a CAGR of 17.4% from 2022 to 2031. Education robotics is a specialized field of study that aims to improve student's learning experiences by developing and implementing robot-related activities, technologies, and artifacts.
The growth of the global educational robot market is majorly driven by a surge in demand for collaborative robots in the education sector paired with rising in R&D related to humanoid robots to transform the service sector. Further, a rise in investment in EdTech in emerging economies is anticipated to drive the growth of the educational robot market. However, the high cost associated with educational robots acts as a prime restraint on the global market. On the contrary, the introduction of industrial robots in high schools is anticipated to provide lucrative opportunities for the educational robot industry during the forecast period. In contrast, the lack of interoperability standards in the education robotics industry imposes significant challenges on the market.
The educational robot market is segmented based on type, component, application, and region. On the basis of type, the market is divided into service robots and industrial robots. By component, the market is bifurcated into hardware and software. By end user, the market is segmented into primary education, secondary education, higher education, and others. Region-wise, the educational robot market trends are analyzed across North America (the U.S., Canada, and Mexico), Europe (the UK, Germany, France, Italy, Netherlands, and the rest of Europe), Asia-Pacific (China, India, Japan, Australia, South Korea, and the rest of the Asia-Pacific), and LAMEA (Latin America, the Middle East, and Africa).
The key players that operate in the market include Fanuc Corporation, ABB Ltd., YASKAWA Electric, KUKA, Universal Robots, SoftBank Robotics Group, Hanson Robotics, Robotis, Robolink, Ubtech Robotics, Seiko Epson, Hyulim Robot, Probotics America, Aisoy Robotics, Sanbot Innovation, Kinderlab Robotics, and Soapbox Labs.
Key Benefits For Stakeholders
This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the educational robot market analysis from 2021 to 2031 to identify the prevailing educational robot market opportunities.
Market research is offered along with information related to key drivers, restraints, and opportunities.
Porter's five forces analysis highlights the potency of buyers and suppliers to enable stakeholders make profit-oriented business decisions and strengthen their supplier-buyer network.
An in-depth analysis of the educational robot market segmentation assists to determine the prevailing market opportunities.
Major countries in each region are mapped according to their revenue contribution to the global market.
Market player positioning facilitates benchmarking and provides a clear understanding of the present position of the market players.
The report includes the analysis of the regional as well as global educational robot market trends, key players, market segments, application areas, and market growth strategies.
Key Market Segments
By Type
Service Robot
Service Robot
Humanoid
Non-humnoid
Industrial Robot
By Component
Hardware
Hardware
Robotics Arms
Controllers
Sensors
Power Source System
Others
Software
By End User
Secondary Education
Higher Education
Others
Primary Education
By Region
North America
U.S.
Canada
Mexico
Europe
Rest Of Europe
UK
Germany
France
Netherlands
Spain
Asia-Pacific
Japan
China
India
South Korea
Taiwan
Rest Of Asia-Pacific
LAMEA
Latin America
Middle East
Africa
Key Market Players
FANUC CORPORATION
YASKAWA ELECTRIC CORPORATION
KUKA
Universal Robots
SoftBank Robotics Group
Hanson Robotics
Robotis
Robolink
UBTECH Robotics
Seiko Epson Corporation
HYULIM ROBOT
PROBOTICS AMERICA
Aisoy Robotics
Sanbot Innovation Technology
SoapBoxLabs
ABB Group
KinderLab Robotics
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