Educational Robot Market Booming Worldwide with Latest Trend and Future Scope by 2029

Educational robot market is anticipated to grow at a significant CAGR of 14.9% during the forecast period. Increasing focus on enhancing science, technology, engineering, and mathematics (STEM) education, growing education technology industry across the globe, and growing investments and funding in start-ups are some of the factors driving the global educational robot market. Also, the advancement of technologies such as AI, machine learning, and growing investment in educational robots-related companies is anticipated to fuel the demand for educational robots during the forecast period. For instance, in July 2021, AI-based edutainment start-up, SP Robotic Works raised $3Mn in series a of funding led by Mount Judi India Growth Fund. The start-up offers technology-focused courses and kits such as robotics, coding, Drones, AI, VR, and AR and soon plans to expand to the overall vision of having science, technology, engineering, and math.

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The global educational robot market is segmented based on the type, component, and education level. Based on the type, the market is segmented into humanoid, and non-humanoid. Based on the component, the market is sub-segmented into the hardware (robotic arms, end effectors, actuators/drives, control systems/controllers, sensors, power source systems, others), and software. Based on the education level, the market is sub-segmented into the elementary and high school education, higher education, and special education.  Among the type,  non-humanoid segment holds the dominant share in the market.

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  • Market Coverage
  • Market number available for – 2023-2029
  • Base year- 2022
  • Forecast period- 2023-2029
  • Segment Covered- By Source, By Product Type, By Applications
  • Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
  • , and others

Global Educational Robot Market Report Segment

By Type

  • Humanoid
  • Non-Humanoid

By Component 

  • Hardware (Robotic Arms, End Effectors, Actuators/Drives, Control Systems/Controllers, Sensors, Power Source Systems, Others)
  • Software

By Education Level

  • Elementary and High School Education
  • Higher Education
  • Special Education

Global Educational Robot Market Report Segment by Region

North America

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Italy
  • Spain
  • France
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia-Pacific

Rest of the World

  • Latin America
  • Middle East & Africa

The Report Covers

  • Market value data analysis of 2021 and forecast to 2028.
  • Annualized market revenues ($ million) for each market segment.
  • Country-wise analysis of major geographical regions.
  • Key companies operating in the global educational robot market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
  • Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
  • Analysis of market-entry and market expansion strategies.
  • Competitive strategies by identifying ‘who-stands-where’ in the market.

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