Global Educational Robots Market By Application, By Product Type, By Regional Outlook, Industry Analysis Report and Forecast, 2021
The global educational robot market size is expected to reach $2,872. 8 million by 2027, rising to a market growth of 15.4% CAGR during the forecast period. Educational robotics is a concept of teaching application, analysis and operation through a variety of robots such as mobile robots, articulated robots or autonomous vehicles.
New York, Jan. 25, 2022 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global Educational Robots Market by Application, By Product Type, By Regional Outlook, Industry Analysis Report and Forecast, 2021-2027” – https://www.reportlinker.com/p06222242/?utm_source=GNW
These robots can help a person in their learning process from school to graduation.
With advanced computer capability and innovative engineering, educational robots can be controlled by voice, gestures and other special applications. In addition, they can improve creative problem-solving techniques, as well as stimulate the growth of necessary communication and interpersonal skills and the power to transmit and integrate complex innovations to their fellow students.
COVID-19 Impact Analysis
The educational infrastructure was badly affected during the pandemic period and has not yet recovered. All educational institutions have been closed. The COVID-19 pandemic has brought some changes to the education sector. The education sector suffered a massive blackout as all institutes including schools, universities and coaching centers were closed for a significant duration. The dangerous coronavirus has also affected the supply chain of educational robot producers and also hampered the market. The imposition of a complete lockdown by governments has disrupted imports and exports of all products, resulting in a significant drop in demand for educational robots. Moreover, a huge investment cost in the initial phase hampers the development of the market.
Market Growth Factors:
Growing trend towards digitization
The emerging trend and adoption of digitalization along with the addition of machine learning, artificial intelligence and other advanced technologies in people’s daily lives as well as educational infrastructure is one of the main catalysts for the growth of the educational robots market. Educational robots are rapidly in demand in elementary schools, high schools, colleges and other educational institutions with the aim of facilitating the teaching process as well as making the learning process less complicated and interesting for students.
Increase in the number of research and development activities for humanoid robots
The humanoid robot has the ability to change the educational robot market. There is a lot of research going on on how to transmit programming from one robot to another humanoid robot, in which researchers are developing ingenious software solutions because software is considered a vital part of humanoid robots. For example, MIT’s Computer Science and Artificial Intelligence Laboratory has designed a machine learning technique called C-learn that allows non-coders to train robot movements and evaluations that give fundamental information about objects that are directed.
Market Restraint Factor:
High cost of educational robots
The cost of setting up a robot-based education center might not be affordable for all schools, colleges, and other educational institutions, especially for newcomers to the industry. The expenses required to buy educational robots and integrate the robot as well as its maintenance would be very high. Institutions that need additional infrastructure or have no ties to robot manufacturers would not be able to afford the cost of educational robots. These obstacles would mainly occur in underdeveloped or developing countries with low purchasing or spending capacity or having no significant existence of robot manufacturers.
Based on application, the market is segmented into applications for higher education, secondary education, primary education and others. The primary education segment procured a major revenue share in the education robot market in 2020 and is expected to exhibit the fastest growth rate during the forecast period.
Product Type Outlook
On the basis of product type, the market is segmented into non-humanoid and humanoid. The Humanoid segment is expected to exhibit the fastest growth rate during the forecast period. The growing demand for humanoid robots is attributed to their next-generation functionality and the widening range of applications in many sectors of educational infrastructure can be attributed to its increased growth.
Based on regions, the market is segmented into North America, Europe, Asia-Pacific and Latin America, Middle East & Africa. North America emerged as the top region in the educational robot market in 2020 and is expected to maintain its position during the forecast period. The existence of major market players and the high adoption rate of next-generation technologies in educational infrastructure owing to the growing awareness of the evolution of activity-based education in educational guidelines are the key drivers driving the growth of the regional educational robots market. .
Recent Strategies Deployed in the Educational Robots Market
Oct-2021: FANUC unveiled the CRX education cell. The cell includes the FANUC CRX-10iA collaborative robot and all the functions needed to learn basic programming skills in a specific package. This product helps youngsters gain first-hand programming and control experience with state-of-the-art robots.
June 2021: SoftBank Robotics America has entered into a partnership with RobotLAB, the leading robotics integrator. This partnership was intended to extend Pepper’s earlier industry and STREAM education key areas to a wider variety of applications and marks RobotLAB’s debut as one of SBRA’s Whiz Partners.
May-2021: DJI unveiled the RoboMaster Tello Talent drone as part of the DJI Education division. This RoboMaster TT is developed specifically to attract STEM students while gaining knowledge of AI robotics, programming in an easy-to-understand and hands-on time, which is important for applying real-world knowledge.
Apr-2021: Yaskawais has entered into a partnership with the University of Texas at Austin. This partnership was intended to enable interdisciplinary research and innovation within the university’s robotics community.
March 2021: ABB has extended its partnership with the Swiss Federal Institute of Technology Zurich (ETH). This expansion was intended to improve the companies’ global innovation ecosystem, target future advancements in robotics, and unlock the potential of automation for their customers.
Oct-2020: Techman Robot has partnered with its distributor, Juyao Automation. This collaboration aimed to establish a flagship training center in southern Taiwan to serve end users and automation manufacturers in the region.
August 2020: DJI launched the RoboMaster EP Core, an all-in-one classroom solution. This solution includes an educational robot with better hardware capabilities, educational materials and a competition database for students with an awareness of AI, programming, engineering, robotics, etc.
The market research report covers the analysis of major market players. Key companies profiled in the report include ABB Group, FANUC Corporation, Yaskawa Electric Corporation, SoftBank Group Corporation (SoftBank Robotics), Teradyne, Inc. (Universal Robots), Techman Robot, Inc. (Quanta Storage, Inc.), Seiko Epson Corporation, Hanson Robotics Limited, SZ DJI Technology Co., Ltd. (iFlight Technology Company Limited) and Kuka AG.
Scope of the study
Market Segments Covered in the Report:
• Higher Education
• Secondary education
• Primary education
• Other applications
By product type
• North America
o United States
o Rest of North America
o United Kingdom
o Rest of Europe
• Asia Pacific
o South Korea
o Rest of Asia-Pacific
o Saudi Arabia
o South Africa
o Rest of the LAMEA
• ABB Group
• FANUC Company
• Yaskawa Electrical Company
• SoftBank Group Corporation (SoftBank Robotics)
• Teradyne, Inc. (Universal Robots)
• Techman Robot, Inc. (Quanta Storage, Inc.)
• Seiko Epson Corporation
• Hanson Robotics Limited
• SZ DJI Technology Co., Ltd. (iFlight Technology Company Limited)
• Kuka AG
• Comprehensive coverage
• The largest number of tables and figures on the market
• Subscription-based model available
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• Provided after-sales research support with 10% free customization
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