Home / Technology & Media / Educational Robots Market Growth, Future Prospects, & Competitive Analysis, 2018 - 2026

Educational Robots Market Growth, Future Prospects, & Competitive Analysis, 2018 - 2026

Overview:

Consumer robots have been a part of human life for decades and been used either in the form of personal assistance robots or remotely controlled industrial tools. With technological advancements, robot manufacturers are not just focusing on developing robots for performing household or factory tasks but also for intuitively and seamlessly connecting and interacting with humans. Educational robots in this context is no different and has been an area garnering significant interest on the part of robot manufacturers in recent years. There has been great progress in education systems, methodologies, curriculums for teaching delivery, as well as learning models over the past decade. Educational institutions across the world are deploying international learning standards and models for improving the quality of education by adopting educational robots in schools.

One of the most prominent factors complimenting the educational robots market growth is technological advancement in the field of robotics. Numerous types of robots are finding application in the area of education. They range from simple “microprocessor on wheels” robots, to advanced toolkits, to humanoids. Moreover, with growing concerns pertaining to the availability of talented teachers, the demand for educational robots is expected to witness high adoption across educational institutions in the years to come. Majority of educational institutes are facing with the problem of lack of qualified educational professionals, prompting them to adopt educational robots as a promising alternative. Therefore, with increasing investment from educational institutions in robotic technologies coupled with growing focus to develop robots that can be fully integrate with the education curriculum, the educational robot market is set witness robust growth during the forecast period. Moreover, expansion of various robotic start-ups primarily focusing on generating new ideas, technologies and innovations is expected to positively impact the educational robots market growth. Therefore, these factors in combination are expected to drive the demand for education robots during the forecast period.

However, high initial R&D expenditure is expected to remain a restraint for the educational robots market growth. Moreover, as educational robots involve human interaction and used by children, therefore safety concerns exist. Thus, the absence of safety standards is another factor impacting the educational robots market growth negatively. However, these hurdles and concerns are expected to lower down in the coming years with advancements in technology and growing adoption.

Global Educational Robots Market is segmented into the following categories:

  • By Component
    • Hardware
    • Software
  • By Type
    • Humanoid
    • Non-humanoid
  • By Education level
    • Elementary and High School Education
    • Higher Education
    • Special Education
  • By Geography
    • North America
    • Europe
    • Asia Pacific
    • Rest of the World (RoW)

Key Players Identified in the educational robots market include but are not limited to:

SoftBank Robotics Group Corp., RobotLAB, Robotis Co., Ltd., Hanson Robotics Ltd., Probotics America, Sanbot Robotics, Wonder Workshop, Blue Frog Robotics SAS, Aisoy Robotics, Macco Robotics, Adele Robots, IDMind and Robobuilder among others.

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