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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