USD 1.4 billion
Report ID:
SQMIG25A2332 |
Region:
Global |
Published Date: November, 2024
Pages:
193
|Tables:
60
|Figures:
75
Educational Robot Market size was valued at USD 1.64 Billion in 2023 and is poised to grow from USD 1.92 Billion in 2024 to USD 6.91 Billion by 2032, growing at a CAGR of 17.3% during the forecast period (2025-2032).
Robots can also help children who are home-schooled or teach in areas where skilled humans are not available. For example, a robot named Robosem teaches English in South Korea, where there is a shortage of certified English teachers. Similarly, a robot named Kiko tells stories, asks meaningful questions, and uses facial expressions to communicate with a student in China. The use of robots in education is ideal for classroom interaction as it improves social interaction and encourages cooperation among young children. Robots for play (and learning) also provide additional benefits for students with disabilities. Students with autism can be very sensitive to robots. The robot gives students with autism a solution to learn life skills without the pressure of interacting with a real human being. Milo (RoboKind) is one of the technology models used in schools and clinics for children with autism spectrum disorders. The robot helps people with autism learn social, emotional and communication skills.
Additionally, the increasing number of individuals with disabilities education laws in the US is expected to contribute to the rise in the number of individuals with disabilities will create a need for educational robots.
Moreover, robots are increasingly being adopted as teaching aids or advanced learning tools. A lecturer at Wellington College (United Kingdom) has predicted that education teachers may be replaced by intelligent robots in the next few years. However, initial capital investment and maintenance are expected to be one of the major limitations as time u for robots.
Global Market Size
USD 1.4 billion
Largest Segment
Non-humanoid
Fastest Growth
Humanoid
Growth Rate
17.3% CAGR
To get more reports on the above market click here to Buy The Report
Global Educational Robot Market is segmented by component, application, type and region. Based on component, the market is segmented into hardware (sensors, actuators, controllers, power supply, others), software (programming software, simulation software, others) and services (professional services (consulting, integration & deployment, support & maintenance), managed services (training & education, customization services). Based on application, the market is segmented into primary education, secondary education, higher education and special education. Based on type, the market is segmented into humanoid robots and non-humanoid robots. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & and Africa.
Analysis by Product Type
The non-humanoid segment accounted for the largest revenue share of over 58% by 2022 because of the increasing demand for intelligent devices. These devices also allow specialized learning experiences, which provide segment in the development of. Marketers are innovating to enhance learning and creativity. For example, in March 2023, Elephant Robotics will launch the UltraArm P340, a high-performance robotic arm for educational applications with user-friendly software, and non-human robots tend to be more expensive are stronger than their human-like counterparts. This affordability makes it more accessible to educational institutions with lower budgets, making it more acceptable in classrooms and other educational settings, further enhancing the impersonal side.
The humanoid segment is expected to register the fastest growth rate of 26.1% between 2024 and 2031. This is due to increased demand due to its advanced features and wide application in education. This role some of them being classrooms, assisting teachers in the classroom. Robots will provide a more active learning experience for students as they can stimulate facial expressions, gestures and even speech, allowing them to interact and interact with students naturally and interestingly, these factors are expected to boost the growth of the sector over the forecast period.
Analysis by Application
The higher education segment accounted for the largest market share of more than 40% by 2022 and is expected to increase significantly by 2030. This is due to the growing demand for robotics in R&D projects related to real-life applications. Educational robots are facilitating such collaboration by providing a platform for industry professionals to contribute learning materials, provide internships, and participate in collaborative research projects, which are expected to generate stakeholders has developed.
Primary education is expected to register the fastest CAGR of 26.5% during the forecast period. This is due to the growing popularity of Science, Technology, Engineering, Arts and Mathematics (STEAM) based education for children under 10 years of age. STEAM-based learning helps encourage a broad style of learning, independent thinking, and a natural curiosity. Additionally, advances in robotics technology including sensors, artificial intelligence and programming have made educational robotics more sophisticated and interactive, providing a learning experience for elementary school students they are engaging and fun.
To get detailed analysis on other segments, Request For Free Sample Report
North America dominated the market with over 36% revenue share by 2022 and is expected to witness the highest growth during the forecast period. The market growth is attributed to the strong presence of leading companies in this industry. Moreover, the greater trend towards advanced technology in educational institutions and the growing importance of activity-based instruction further expands the regional market.
Asia Pacific is estimated to witness the largest growth during the forecast period due to increased investment in robotics by governments and non-governmental organizations (NGOs). Furthermore, awareness of the benefits of educational robotics is increasing among the teachers, parents and students in the district. The demand for robots that can provide interactive and personalized learning experiences is growing, driving the market growth. The region is also known for its technological advances, which facilitate the development and use of educational robots in the region, further increasing the demand for educational robots.
To know more about the market opportunities by region and country, click here to
Buy The Complete Report
Drivers
Increasing Emphasis on STEM Education
Technological Advances
Restraints
Increased Investment
Displacement Concerns
Request Free Customization of this report to help us to meet your business objectives.
The competitive environment in the educational robot market is characterized by fierce competition between key players looking to innovate and expand their product offerings such as LEGO Education, Wonder Workshop, RobotLAB Inc. and others. Additionally, partnerships with educational institutions and curriculum developers are becoming increasingly common as companies seek to enhance the educational value proposition of their robotic offerings.
Top Player’s Company Profiles
Recent Developments
SkyQuest’s ABIRAW (Advanced Business Intelligence, Research & Analysis Wing) is our Business Information Services team that Collects, Collates, Correlates, and Analyses the Data collected by means of Primary Exploratory Research backed by robust Secondary Desk research.
The global educational robot market is booming due to increasing emphasis on STEM education and technological advances in robotics and AI. These robots provide an interactive and hands-on learning experience, making complex STEM concepts accessible and engaging for students. Despite high initial investments and concerns about displacement, the market is expected to continue to expand as educational institutions realize the benefits of integrating robotics into their courses the. Major market players are focusing on innovation and strategic partnerships to maintain their competitive edge and meet the evolving needs of the education sector.
Report Metric | Details |
---|---|
Market size value in 2022 | USD 1.4 billion |
Market size value in 2031 | USD 5.89 billion |
Growth Rate | 17.3% |
Base year | 2023 |
Forecast period | 2024-2031 |
Forecast Unit (Value) | USD Billion |
Segments covered |
|
Regions covered | North America (US, Canada), Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe), Asia Pacific (China, India, Japan, Rest of Asia-Pacific), Latin America (Brazil, Rest of Latin America), Middle East & Africa (South Africa, GCC Countries, Rest of MEA) |
Companies covered |
|
Customization scope | Free report customization with purchase. Customization includes:-
|
To get a free trial access to our platform which is a one stop solution for all your data requirements for quicker decision making. This platform allows you to compare markets, competitors who are prominent in the market, and mega trends that are influencing the dynamics in the market. Also, get access to detailed SkyQuest exclusive matrix.
Buy The Complete Report to read the analyzed strategies adopted by the top vendors either to retain or gain market share
Executive Summary
Market overview
Parent Market Analysis
Market overview
Market size
KEY MARKET INSIGHTS
COVID IMPACT
MARKET DYNAMICS & OUTLOOK
Market Size by Region
KEY COMPANY PROFILES
For the Educational Robot Market, our research methodology involved a mixture of primary and secondary data sources. Key steps involved in the research process are listed below:
1. Information Procurement: This stage involved the procurement of Market data or related information via primary and secondary sources. The various secondary sources used included various company websites, annual reports, trade databases, and paid databases such as Hoover's, Bloomberg Business, Factiva, and Avention. Our team did 45 primary interactions Globally which included several stakeholders such as manufacturers, customers, key opinion leaders, etc. Overall, information procurement was one of the most extensive stages in our research process.
2. Information Analysis: This step involved triangulation of data through bottom-up and top-down approaches to estimate and validate the total size and future estimate of the Educational Robot Market.
3. Report Formulation: The final step entailed the placement of data points in appropriate Market spaces in an attempt to deduce viable conclusions.
4. Validation & Publishing: Validation is the most important step in the process. Validation & re-validation via an intricately designed process helped us finalize data points to be used for final calculations. The final Market estimates and forecasts were then aligned and sent to our panel of industry experts for validation of data. Once the validation was done the report was sent to our Quality Assurance team to ensure adherence to style guides, consistency & design.
Customization Options
With the given market data, our dedicated team of analysts can offer you the following customization options are available for the Educational Robot Market:
Product Analysis: Product matrix, which offers a detailed comparison of the product portfolio of companies.
Regional Analysis: Further analysis of the Educational Robot Market for additional countries.
Competitive Analysis: Detailed analysis and profiling of additional Market players & comparative analysis of competitive products.
Go to Market Strategy: Find the high-growth channels to invest your marketing efforts and increase your customer base.
Innovation Mapping: Identify racial solutions and innovation, connected to deep ecosystems of innovators, start-ups, academics, and strategic partners.
Category Intelligence: Customized intelligence that is relevant to their supply Markets will enable them to make smarter sourcing decisions and improve their category management.
Public Company Transcript Analysis: To improve the investment performance by generating new alpha and making better-informed decisions.
Social Media Listening: To analyze the conversations and trends happening not just around your brand, but around your industry as a whole, and use those insights to make better Marketing decisions.
Want to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Report ID: SQMIG25A2332
sales@skyquestt.com
USA +1 351-333-4748