Educational Robot Market Analysis, Scope, and Growth by 2028
Educational Robot Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 1328.07 Million |
Market Size by 2031 | US$ 5979.68 Million |
Global CAGR (2023 - 2031) | 20.7% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Educational Robot Market News and Recent Developments
The educational robot market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the educational robot market are listed below:
- ABB Robotics expanded its education offering with the launch of the IRB 1090. The 1090 industrial education robot, authenticated by the globally recognized education institute STEM.org, is designed to upskill students and provide them with a competitive advantage in securing employment. The new education robot forms a key part of ABB’s wider education offering, which includes additional industrial robots, as well as education packages, next-generation controllers, and market-leading programming and simulation software. (Source: ABB Robotics, Press Release, September 2023)
- MatataStudio, a digital learning solution provider with innovation and originality at its core, launched a new educational robot kit called "VinciBot", aiming to combine computer science, artificial intelligence, and education entertainingly. High-tech concepts such as (AI) and machine learning (ML) are introduced into primary school classrooms. These robotics kits are not only highly educational but also incorporate programming, computational thinking, creativity, and exploration. The design concept of MatataStudio is to encourage children to master the basic knowledge of programming and computer science by building and operating robots with their own hands while cultivating their innovative thinking and problem-solving abilities. (Source: MatataStudio, Press Release, February 2024)
Educational Robot Market Report Coverage and Deliverables
The "Educational Robot Market Size and Forecast (2021–2031)" report provides a detailed analysis of the market covering below areas:
- Educational robot market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Educational robot market trends, as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter's Five Forces and SWOT analysis
- Educational robot market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments in the educational robot market
- Detailed company profiles