Global Educational Robot Market by Type (Humanoid and Non-Humanoid), by Component (Hardware and Software), by Education Level (Elementary and High School Education, Higher Education, and Special Education) and region (North- America, Europe, Asia-Pacific, Middle East & Africa, South America and LAMEA) –is expected to reach US$ 1412,2 Mn by 2027, at a CAGR of 16.98 %.
Humanoid robots are assembled in such a way that they mimic the human body, so they use actuators that accomplish like muscles and joints, though with a different structure. Working with robots improves creative problem solving techniques and inspires the development of basic communication and personal skills as well as the ability to cooperate and convey complex ideas to a fellow students or colleagues.
The benefits of robots have enlarged their flexibility in being capable of executing a variety of tasks and applications. They are more specific and reliable than human workers. Robots also permit for enlarged production and profit margin since they can whole tasks faster.
Rising use of robots for educational purposes and technological developments in the field of robotics and growing expenditure in the field of research and development and rising popularity of these robots are the key drivers of the global Educational Robot market.
High primary R&D expenditure hinders the growth of the educational robot market development Also, concerns about the safety of kids have been the main challenge confronted by the industry. Though, factors such as rising demand for humanoid robots and enormous potential in emerging countries can produce important opportunities for this market.
The Component Software segment to hold the largest market share
Software segment is accounted for a significant market share due growing research and development expenditure by existing companies.
The Asia Pacific is estimated to largest market share
The market in the Asia Pacific is expected to hold the highest share of the market during the forecast period due to the growing use of robots for educational purposes and technical advancements in the field of robotics, the region is anticipated to install educational robots. Though, the Americas held a major share of the market in 2017. The Americas is the initial adopter of educational robots, which is resulting in the maximum demand for robots from this region.
This report contains a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading manufacturers such as SoftBank, ROBOTIS, PAL Robotics, Hanson Robotics, QIHAN Technology Co., DST Robot Co., Probiotics America, Wonder Workshop, Aisoy Robotic, Adele Robots, Macco Robotics, Robo Builder, Edmund, Arrick Robotics, and blue frog robotics.
Maximize market research, a global market research firm with a dedicated team of specialists and data has carried out extensive research about the global Educational Robot market. Report encompasses the market by different segments and region, providing the in-depth analysis of the overall industry ecosystem, useful for making informed strategic decision by the key stakeholders in the industry. Importantly, the report delivers forecasts and share of the market, further giving an insight into the market dynamics, and future opportunities that might exist in the global Educational Robot database market.
The driving forces, as well as considerable restraints, have been explained in depth. In addition to this, competitive landscape describing the strategic growth of the competitors have been taken into consideration for enhancing market know-how of our clients and at the same time explain the global Educational Robot database market positioning of competitors.
Browse the market data Tables and Figures spread through a comprehensive research report and in-depth TOC on “Global Educational Robot Market”.
https://www.maximizemarketresearch.com/market-report/global-educational-robot-market/24364/
Contact:
MAXIMIZE MARKET RESEARCH PVT. LTD.
Omkar Heights,
Manik Baug, Vadgaon Bk,
Sinhagad Road, Pune – 411051, Maharashtra, India.