Educational Robot Market Size, Strategic Analysis, Growth Drivers, Industry Trends, Demand and Future Opportunities and Forecast Period


Posted December 18, 2024 by Jameslin

The educational robot market was estimated to be worth USD 1.4 billion globally in 2023, and a compound annual growth rate (CAGR) of 18.1% is anticipated over the course of the forecast period.

 
The educational robot market was estimated to be worth USD 1.4 billion globally in 2023, and a compound annual growth rate (CAGR) of 18.1% is anticipated over the course of the forecast period. The market is expanding rapidly due to the growing use of robots in the manufacturing sector, which is generating more job possibilities. Globally, both developed and developing nations are placing a strong emphasis on the creation of educational robots, which is greatly accelerating market expansion. The market is expanding rapidly due to the development of humanoid robots for the service sector.
The market is benefiting from the growing demand for collaborative robots since they are simpler to program and design. The main driver of the market's notable expansion is the existence of colleges, universities, schools, and other institutions. Another important driver of the market expansion is the promotion of online education and e-learning.

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Growth Drivers
Global technological development is largely propelling the market for educational robots. The main driver of the market's notable expansion is the growing use of these robots in colleges, universities, and special education facilities. The market is being positively driven by the widespread usage of e-learning platforms. Students find science, technology, engineering, and mathematics more engaging when these robots are used. STEM subjects become more interactive and engaging when educational robots are used to give hands-on learning experiences.
Educational robots are now more sophisticated, available, and reasonably priced because to advancements in robotics, machine learning, and artificial intelligence. The market is rising to new heights due to the growing number of government subsidies and incentives given to colleges and institutions. The education robotics market is expanding at a substantial rate due to high investments in educational technologies.
Segmentation
By Type
· Humanoid
· Non-Humanoid
By Application
· Primary Education
· Secondary Education
· Higher Education
· Others
Regional Outlook
· Asia Pacific
· North America
· Latin America
· Middle East and Africa
· Europe
Key Players
· Aisoy Robotics
· Modular Robotics
· PAL Robotics
· Probiotics America
· Hanson Robotics Limited
· Other Players

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Issued By James
Country United States
Categories Education , Internet , Technology
Tags educational robot market , educational robot market size , educational robot market share , educational robot market news
Last Updated December 18, 2024