Market Research Future (MRFR) has published on the “Global Educational Robots Market”.
The Educational Robots market is estimated to register a CAGR of 16.9% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Educational Robots market ABB, SoftBank Group, BLUE FROG ROBOTICS, Wonder Workshop, Wowee, ROBOTIS, Sanbot Innovation Technology, Hanson Robotics, Honda, Sphero, Yaskawa, LEGO, Makeblock, Co. Ltd, and Modular Robotics.
Educational Robots Market Highlights
The global Educational Robots market is accounted for to register a CAGR of 16.9% during the forecast period and is estimated to reach USD 6,061.2 million by 2032.
The market for educational robots is expanding exponentially, with one of the main drivers being the teaching of Science, Technology, Engineering, and Mathematics (STEM). This educational technology makes STEM teaching and learning easier by utilizing robots and related software. By conquering their fear of failure, children who use robotics in STEM education have a better comprehension of problem-solving approaches. Additionally, robots in STEM allows students to engage in cooperative, practical, and creative learning experiences that develop their computational thinking, critical thinking, and problem-solving abilities. For instance, in January 2022, according to e-student.org, an Estonia-based go-to resource for evaluations and analysis of online learning, enrolment in massive open online courses (MOOCs) is expected to expand at an unprecedented rate of 29% each year since the past 3 years, and virtually all major US institutions now offer online courses. Therefore, the increasing adoption of online learning and STEM education is driving the educational robot market.
Robotics in STEM education enhances engagement, understanding, and skills development. It equips students with valuable competencies that extend beyond the classroom, preparing them for a future where technology and innovation are paramount. Robotics has proven to be highly effective in enhancing STEM (Science, Technology, Engineering, and Mathematics) education in various ways.
Segment Analysis
The global Educational Robots market has been segmented based on type, component, and application.
Based on type, the market is segmented into Programmable Robots, Humanoid Robots, Pre-build Robot, and Modular Robots. The Programmable Robots segment was attributed to holding the largest market share in 2022 with a market share of ~20.9% revenue as estimated by MRFR analysts.
Based on component, the global Educational Robots market has been segmented into Sensors, End-Effectors, Actuators, Controllers, and Software. The sensors segment was expected to hold the largest market share in 2022.
Based on the application, the market is segmented into One Higher Education and Special Education. The Higher Education segment is projected to have the largest market share during the forecast period.
Browse In-depth Details [Table of Content, List of Figures, List of Tables] of Educational Robots Market Research Report
Regional Analysis
The global Educational Robots market, based on region, has been divided into North America, Europe, Asia-Pacific, and Middle East & Africa, and South and center America. North America consists of US, Canada, and Mexico. The Europe Educational Robots market comprises of UK Germany, France, Italy, Spain, and Rest of Europe. The Educational Robots market in Asia-Pacific has been segmented into China, Japan, South Korea, and the rest of Asia-Pacific. and the Middle East and Africa and south America.
In North America, the educational robotics industry, especially in the US and Canada, is characterized by advanced technology and strong infrastructure. These countries have a large number of cloud service providers, makers of smart devices, producers of educational robots, and organizations that use cutting-edge technologies like robotics. similarly advanced in technology and education, embraces innovative approaches to teaching and learning, including the incorporation of robotics education in classrooms. Meanwhile, Mexico, with its rapidly growing economy and expanding middle class, presents a promising market for educational robotics, reflecting the region's increasing focus on technological advancement and educational innovation.
In Europe, the region's propensity for adopting advanced technology solutions across various industries makes it fertile ground for the growth of the educational robot market. Government initiatives and projects play a central role in propelling the educational robotics sector forward in Europe. One such notable endeavour is the Educational Robotics for STEM (ER4STEM) project, designed to cultivate young minds' interest in science and technology, particularly through robotics. ER4STEM endeavours to transform young children into technology enthusiasts by providing hands-on robotics experiences that span various disciplines, including physics, mathematics, informatics, and even industrial design and social sciences.
As a result of coordinated government initiatives to raise educational standards throughout the Asia-Pacific region, the use of educational robots is expected to grow quickly. Additionally, regional players' unwavering pursuit of robotics technology improvements serves as a further catalyst for the incorporation of educational robots into curriculum. Leading the way in innovation, South Korea and Japan are notable for their substantial contributions to the creation of various robot types.
In the Middle East and Africa, the educational landscape is undergoing a profound transformation fuelled by technological advancements. Traditional educational systems are embracing new tools, techniques, and teaching modalities to meet the evolving needs of young learners. The COVID-19 pandemic accelerated the adoption of remote and hybrid learning models, which are now considered integral to the future of education in the region.
South America is experiencing a surge in educational robotics adoption, driven by advancements in technology and a growing emphasis on STEM education. Countries like Brazil, Argentina, Chile, Colombia, and Peru are actively integrating robotics into their educational programs to prepare students for technology-driven industries. Educational robotics initiatives, workshops, and competitions are flourishing across South America, engaging students and nurturing their interest in science and technology. These programs encourage hands-on learning, collaboration, and critical thinking, laying the foundation for future innovation.
Key Findings of the Study
- The global Educational Robots market is expected to reach USD 6,061.2 million by 2032, at a CAGR of 16.9% during the forecast period.
- The Middle East and Africa region accounted for the fastest-growing global market, as it has the region’s large manufacturing and logistics industries.
- Based on Component, the sensors segment was attributed to holding the largest market in 2022, with an approximate market share of 33.4%.
- The key players in the market ABB, SoftBank Group, BLUE FROG ROBOTICS, Wonder Workshop, Wowee, ROBOTIS, Sanbot Innovation Technology, Hanson Robotics, Honda, Sphero, Yaskawa, LEGO, Makeblock, Co. Ltd, and Modular Robotics.
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Base Year | 2022 |
Companies Covered | 15 |
Pages | 128 |
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