Global K-12 Makerspace Materials Market 2024-2028

Global K-12 Makerspace Materials Market 2024-2028

The K-12 makerspace materials market is forecasted to grow by USD 1866.45 mn during 2023-2028, accelerating at a CAGR of 9.52% during the forecast period. The report on the K-12 makerspace materials market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advent of advanced makerspace materials, increasing emphasis on makerspace-aligned curriculum, and increased funding from private organizations.

Technavio's K-12 makerspace materials market is segmented as below:

By Product

• Robotic toolkit
• Construction materials
• Arts and crafts materials
• Other materials

By End-user

• Elementary school
• Middle school
• High school

By Geographical Landscape

• APAC
• Europe
• North America
• Middle East and Africa
• South America

This study identifies the increasing emphasis on online makerspaces as one of the prime reasons driving the K-12 makerspace materials market growth during the next few years. Also, increased emphasis on mobile makerspaces and introduction of drones in K-12 robotic learning programs will lead to sizable demand in the market.

The report on the K-12 makerspace materials market covers the following areas:

• K-12 makerspace materials market sizing
• K-12 makerspace materials market forecast
• K-12 makerspace materials market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading K-12 makerspace materials market vendors that include ArcBotics LLC, BASIC FUN Inc., Boxlight Corp, Chibitronics Inc., Eduscape, Elenco Electronics Inc., Engino.net Ltd., Follett Corp., GoldieBlox Inc., Innovation First International Inc., KEVA Planks Education, LEGO System AS, Makeblock Co. Ltd., Makey Makey LLC., Modular Robotics Inc., Qubits Toy, Sphero Inc., Squishy Circuits Store LLC., Stratasys Ltd., and Wonder Workshop Inc.. Also, the K-12 makerspace materials market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.