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.
Get Free Sample link @ https://www.omrglobal.com/request-sample/educational-robot-market
Among the education level, elementary and high school education accounts for the dominant share and is expected to grow significantly during the forecast period. Increasing focus on STEM education and growing adoption of educational robots for education purposes are factors driving the elementary and high school education segment for the forecast period. For instance, in September 2019, Hanson Robotics introduced Little Sophia, which is a tutorial companion indulged in teaching STEM, AI, and coding to kids with a playful personality.
full report of Educational Robot Market available @ https://www.omrglobal.com/industry-reports/educational-robot-market
- 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.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/educational-robot-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
