Global Educational Robots Market Trend, Demand, Scope, Growth Analysis and Industry Forecast 2021-2028
Technological advancements in the education sector
VANCOUVER, BC, CANADA, March 13, 2022 /EINPresswire.com/ — The education robot market size is expected to reach USD 4.02 billion in 2028 and register a solid revenue CAGR of 17.9% over the period. forecast, according to the latest analysis from Emergen Research. The steady growth in market revenue can be attributed to the increase in government incentives and regulations regarding the use of robots for educational purposes in various industries such as design, construction, programming, and computing. The engagement of robots in professional education such as medicine, engineering, space, and scientific research is driving the revenue growth of the global educational robot market. The rapid shift towards digitalization in both developed and developing countries is further driving the growth of factor revenue in the global educational robots market. Educational robots improve teaching methodology in a positive way, and the trend is expected to gain traction in the future.
The report offers a comprehensive overview of the market along with details on market size, market share, revenue growth, and major companies. The report covers all the crucial and essential information related to the global Educational Robots market to help readers, investors, and clients to gain a thorough understanding of the market and invest accordingly. Various advanced statistical tools like SWOT analysis or Porter’s five forces are used in the report.
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It is expected that technological advancements in educational robots will result in the deployment of more advanced systems in the future. The availability of software analytics and sensors, which allow more positive identification of challenges faced by different students in the classroom, is driving a growing demand for educational robots. Rising adoption of IoT-based robots to monitor education level is also driving the market growth.
The main objective of the report is to offer market overview, product scope, growth prospects and risks. The report also offers detailed information about each player in the global Educational Robots market along with their global position, financial condition, product launch, business expansion plans, among others. Market players are focused on developing various strategies such as partnerships, mergers and acquisitions, joint ventures, product launches, and research and development investments.
Companies Featured in the Global Educational Robots Market:
Hanson Robotics, Lego Group, Modular Robotics, Pal Robotics, Probotics America, Qihan Technology Co., Softbank Robotics, Robobuilder Co. Ltd., DST Robot Co and Adele Robots
The report also covers the scope of individual applications and types in each region. The report also covers details about production and consumption patterns, technological developments, revenue growth, market size, market share, key trends and demands influencing market growth in the region and presence. of key players in the region.
For the purposes of this report, Emergen Research has segmented the global educational robot market based on constituents, type, education level and region:
Constituents Outlook (Revenue, USD Billion; 2021-2028)
Sensor and actuators
Type Outlook (Revenue, USD Billion; 2021-2028)
Education Level Outlook (Revenue, USD Billion; 2021-2028)
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In October 2020, Softbank Robotics Group announced the rebranding of Aldebaran to SoftBank Robotics. Companies are expected to expand the availability in terms of educational robots and other devices in the market.
Software segment accounted for the largest share of revenue in 2020. Rising investments from major market players such as Hanson Robotics, Pal Robotics, Probotics America, Qihan Technology Co., and Softbank Robotics for incorporation of visualization software of data in their existing educational robots is expected to support growth of software platforms in the market.
Revenue from the professional training segment is expected to grow at a robust CAGR of 18.8% during the forecast period. Medical, mechanical, electronic and scientific engineering applies to vocational training and is a key factor for the adoption of these systems.
The augmentation robots segment accounted for a significantly large revenue share in the global educational robots market in 2020. The increasing adoption of educational robots in institutions, research labs, and space research is expected to continue driving the growth of revenue from humanoid robots and increase robot segments.
The significant driving forces shaping the future of the Education Robots Market for the forecast period 2021-2028 find special mention in the study and are backed up by real-time statistics. In-depth industry segmentation by type, application, classification, and geography provides impetus for increasing sales figures and improving business prospects, alongside barriers that often limit industry growth. Furthermore, market bifurcation on the basis of consumption volume, customer preference, end-user, and production capacity is explained by substantial resources including graphs, graphic images, and tables.
The regional analysis covers:
North America (USA, Canada)
Europe (UK, Italy, Germany, France, Rest of EU)
Asia-Pacific (India, Japan, China, South Korea, Australia, rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, Rest of MEA)
Key Features of the Educational Robots Market Report:
The report provides details about key drivers, restraints, opportunities, challenges, growth prospects, limitations and threats.
The report contains details of major companies, product portfolio along with specifications, production valuation and market shares.
Assessment of key current and emerging market trends and growth prospects
It also offers research-based estimations for the eight-year forecast period, mainly to estimate the potential growth of the market.
Brief overview of the industry as it relates to research and development, technological advancements, and product development
In-depth assessment of upstream raw materials, downstream buyers, demands and current market scenario
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At Emergen Research, we believe in advancing with technology. We are a growing market research and strategy consulting firm with an extensive knowledge base on cutting-edge and potentially market-disrupting technologies that are expected to become more prevalent over the next decade.
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