Global Educational Robots Market By Product Type (Humanoid and Non-Humanoid), By Application (Primary, Secondary, Higher, Others), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2023-2032
- Published date: May 2021
- Report ID: 22440
- Number of Pages: 198
- Format:
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Educational Robots Market Overview:
The global market for educational robots was worth USD 1,006.6 million in 2021. It is expected to grow at a CAGR of 19.3% between 2023 and 2032.
Educational robots create an environment in which children can interact with the environment and solve real-world problems. In this way, educational robotics can provide a great opportunity for children to engage in constructionist learning. Working with them can improve students’ communication and interpersonal skills, as well as their creativity in problem-solving. These robots are used extensively in schools and special-education institutions that offer higher education. The global market has been significantly affected by the COVID-19 pandemic in 2020. Key players still struggle to recover from the losses sustained during the pandemic.
Global Educational Robots Market Scope:
Product Type Analysis
Based on product type, the global market can be divided into humanoid or non-humanoid segments. In 2021, the non-humanoid market accounted for 60% of the total revenue and will continue to dominate over the forecast period. This is due to the lower cost of nonhumanoid robotics than humanoid ones. This segment is also growing due to the increasing demand for smart toys that recognize faces, imitate actions, and communicate with children.
The fastest expected CAGR for the humanoid segment will be recorded over the forecast period. This segment’s growth can be attributed largely to the demand for humanoid robotics. They are highly versatile and have a wide range of applications in various sectors of the education sector. These applications include helping teachers to conduct classes and supporting researchers in real-life projects.
Application Analysis
Higher education accounted for 38% of the total revenue in 2021. It is expected to continue its lead position during the forecast period. This is due to the complexity of building robots. Older students are more rational and require complex input from robots. This segment is also growing in popularity due to the demand for robots in research-and-development projects that have real-life applications.
Primary education accounted for a large market share in 2020. It is expected to grow at the fastest CAGR during the forecast period. This is due to the growing need to offer Science, Technology, Engineering, Art, and Math (STEAM), education to children below 10 years old to encourage independent thinking, a holistic approach to learning, natural curiosity, and foster natural curiosity.Key Market Segments:
By Product Type
- Humanoid
- Non-Humanoid
By Application
- Primary
- Secondary
- Higher
- Others
Market Dynamics:
In 2020, governments had to close global borders and close markets, industrial operations, schools, and educational institutions temporarily due to the pandemic. Due to the closure of schools, training centers, universities, and factories, as well as restrictions on the import, export, and manufacturing, sales of educational robotics fell significantly. The market’s growth could be impeded by the high initial investment cost associated with purchasing educational robots.
Robots that work in collaboration are becoming easier to program and more affordable, particularly for beginners. They can be used for research or education in two different ways. Universities are exploring the potential of collaborative robotics in a variety of industries. They discover new uses for them, improve existing ones, increase robot efficiency and study the effects of robots on occupational safety and health. Many universities are studying collaborative robots in various medical procedures to assist doctors and surgeons. Universities and community colleges use robots to teach students how to get into the workforce. Human resources are required to install, commission, and train industrial robots. Hands-on training is becoming more difficult due to the pandemic controls in place around the world. Many of these training programs can be done online using robot simulation software. They do not offer the real-world benefits of an operating environment. Institutions and training centers cannot provide hands-on training during this pandemic.
The market will continue to grow due to technological advances in robotics and the widespread adoption of e-learning systems. Product demand is rising due to the increasing use of robots to improve communication skills in children. The market will see significant growth opportunities due to factors like the rise in educational robot startups and the increasing investments made by non-governmental & government agencies in robotics education.
Regional Analysis:
North America was the dominant market player in 2021, with a revenue share of 34%. It is expected to maintain its dominance over the forecast period. Market growth is driven by the presence of large market vendors and the high adoption of advanced technology among educational institutes due to the growing popularity of activity-based education&changes. The Asia Pacific is expected to experience the fastest growth rate over the forecast period. The increase in robotics investments by both governments and non-governmental organizations (NGOs) can explain the growth in the region’s market. Robotex India is a non-profit organization that provides robotics, AI (AI), STEAM, and machine learning (ML), skills to students from urban and rural India. Digital India, MSH, and NSDC, Ministry of IT & Electronics Govt., support the initiative. FICCI FLO and other international & domestic government agencies. Market growth is expected to be fueled by the increasing technological awareness in the region.
Key Regions and Countries covered in the report:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- France
- Italy
- Russia
- Spain
- Rest of Europe
- APAC
- China
- Japan
- South Korea
- India
- Rest of Asia-Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- MEA
- GCC
- South Africa
- Israel
- Rest of MEA
Market Share & Key Players Analysis:
Due to the presence of many regional and global players, there is a fragmented market. To survive in a highly competitive market, industry leaders are embracing partnerships, collaborations, and acquisitions & mergers. This allows them to expand their business footprints and is able to use agreements and other strategies. Providers are also investing heavily in R&D to develop new products and incorporate new technologies and features into their offerings. Modular Robotics teamed up with Dexter Industries, a U.S.-based firm, in September 2019 to create and build robotic teaching tools to encourage students to explore computational thinking, STEM (Science, Technology, Engineering, and Mathematics), and other innovative concepts.
Market Key Players:
- Aisoy Robotics
- Blue Frog Robotics & Buddy
- Innovation First International Inc.
- LEGO System A/S
- Makeblock
- Modular Robotics
- Pal Robotics
- Pitsco Inc.
- Robotis
- Other Key Players
For the Educational Robots Market research study, the following years have been considered to estimate the market size:
Attribute Report Details Historical Years
2016-2020
Base Year
2021
Estimated Year
2022
Short Term Projection Year
2028
Projected Year
2023
Long Term Projection Year
2032
Report Coverage
Competitive Landscape, Revenue analysis, Company Share Analysis, Manufacturers Analysis, Volume by Manufacturers, Key Segments, Key company analysis, Market Trends, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis, strategy for existing players to grab maximum market share, and more.
Regional Scope
North America, Europe, Asia-Pacific, South America, Middle East & Africa
Country Scope
United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa
Frequently Asked Questions (FAQ)
Q: What is the size of the Educational Robots market in 2021?The Educational Robots market size is US$ 1,006.6 million in 2021.
Q: What is the projected CAGR at which the Educational Robots market is expected to grow at?The Educational Robots market is expected to grow at a CAGR of 19.3% (2023-2032).
Q: List the segments encompassed in this report on the Educational Robots market?Market.US has segmented the Educational Robots Market by geographic (North America, Europe, APAC, South America, and Middle East and Africa). By product type, the market has been segmented into Humanoid and Non-Humanoid, and others; and the application market has been segmented into Primary, Secondary, Higher, Others.
Q: List the key industry players of the Educational Robots market?Aisoy Robotics, Blue Frog Robotics & Buddy, Innovation First International Inc., LEGO System A/S, Makeblock, Modular Robotics, Pal Robotics, Pitsco Inc., Robotis, Other Key Players are the key vendors in the Educational Robots market.
Q: Which region is more appealing for vendors employed in the Educational Robots market?North America accounted for the highest revenue share of 34%. Therefore, the Educational Robots industry in North America is expected to garner significant business opportunities over the forecast period.
Q: Name the key areas of business for the Educational Robots Market.The US, Canada, UK, Germany,, Japan, France, etc., are leading key areas of operation for Educational Robots Market.
Q: Which segment accounts for the greatest market share in the Educational Robots industry?With respect to the Educational Robots industry, vendors can expect to leverage greater prospective business opportunities through the non-humanoid segment, as this area of interest accounts for the largest market share.
- Aisoy Robotics
- Blue Frog Robotics & Buddy
- Innovation First International Inc.
- LEGO System A/S
- Makeblock
- Modular Robotics
- Pal Robotics
- Pitsco Inc.
- Robotis
- Other Key Players
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