Educational Robots Market Value to Grow by Almost
USD 1,006.6 Million During 2022-2031
Global sales of educational robots market size was worth USD 1,006.6 million
by 2021, while exhibiting a stellar CAGR of 19.3% between 2023 and 2032.
The Educational robots create an environment in which children can interact with
their environment, solve real-world problems, and build on previous learning
experiences. In this way, educational robotics can be a powerful tool to allow
children to build their own learning experiences. They can help students improve
their communication, interpersonal skills, and creativity in problem-solving. This
market is driven by several factors, including the increased investment by
government and non-governmental organizations in education, the development
of robot manufacturing technology, and the decreasing production cost. Another
important factor is the huge market demand.
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The market is seeing a rise in demand for robots that can work together across the
educational and industrial sectors. The government is also investing in robotics
and Artificial Intelligence (Al) as a substitute for human intervention for different
tasks. The rising demand and acceptance of educational robots worldwide are also
due to the increased use of pre-programmed robotics in the commercial sector, as
well as an increase in overall electronic devices' dependency on IoT.
Restraining factor:
Education robots can be expensive: Establishing a robot-based educational center
may not be feasible for all schools, colleges, or other educational institutions,
particularly for those new to the sector. It is very expensive to purchase and
integrate robotics into schools, colleges, universities, and other educational
institutions. Educational robots would be prohibitively expensive for institutions
that don't have the necessary infrastructure or are not connected to robot
manufacturers. These problems would most likely occur in countries that are
under-developed or those with low spending or purchasing power.
For educational institutions, industrial robots can be a costly investment due to
their high price, along with the integration and peripheral costs (such as vision
systems and end effectors), and they are also expensive. The TIAGo humanoid
bot from PAL Robotics is around USD 50,000. The low cost of humanoid
machines used in education and training is limiting the market for educational
robotics.
Key Market Trends:
It is possible to update robots using current knowledge and teaching methods.
They require only electricity for their operation and are very cost-effective. These
features increase their appeal as teachers and are expected to drive the demand in
the forecast period. For robots that can successfully teach, they need social
communication skills. Vendors on the market emphasize this aspect. It is
currently the largest challenge in robot teaching.
Humanoids can be used as teachers and have received positive responses from
the education sector. The market is set to see more investments in the future.
Softbank Robotics' humanoid Pepper, which has seen widespread adoption within
the education segment, is expected to see more in the near future.
Key players operating in the market include
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Aisoy Robotics
Blue Frog Robotics & Buddy
Innovation First International Inc.
LEGO System A/S
Makeblock
Modular Robotics
Pal Robotics
Pitsco Inc.
Robotis
Other Key Players
Recent Developments
 ABB (Switzerland), in August 2020, launched the IRB 1300 industrial
robot to address the increasing demand for compact, faster robots capable
of lifting heavy objects.
 Augsburg has a new education facility that KUKA (Germany), opened in
September 2020. This center will offer training and education to students
about operating industrial robots.
 Probiotics America (US), has spent a significant amount on research and
development to give itself an advantage over its competitors. This will
enable the company to increase its revenue.
Scope of the Report
Attribute
Details
Market Size in 2021
Growth Rate
Historical Years
Base Year
Quantitative Units
USD 1,006.6 Mn
19.3%
2016-2020
2021
USD In Mn
Company Overview
Financial Highlights
Product Portfolio
SWOT Analysis
Key Strategies and Developments and more...
North America, Europe, Asia-Pacific, South America,
Middle East & Africa
United States, Canada and Mexico, Germany, France,
UK, Russia and Italy, China, Japan, Korea, India and
Southeast Asia, Brazil, Argentina, Colombia etc. Saudi
Arabia, UAE, Egypt, Nigeria and South Africa
Revenue analysis, Manufacturers Analysis, Volume
by Manufacturers, Company Share Analysis, Key
segments, Key company analysis, Market Trends,
Competitive landscape, Distribution Channel, Market
Dynamics, COVID-19 Impact Analysis, Strategy for
existing players to grab maximum market share and
more...
200+ Pages
150+
PDF/Excel
Available - Click here to Get a Sample Report
Competitive analysis
Regional Scope
Country Scope
Report coverage
No. of Pages in Report
No. of Tables & Figures
Format
Sample Report
Key Market Segments:
By Product Type
 Humanoid
 Non-Humanoid
By Application
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Primary
Secondary
Higher
Others
Industry, By Region
 Asia-Pacific [China, Southeast Asia, India, Japan, Korea, Western Asia]
 Europe [Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey,
Switzerland]
 North America [United States, Canada, Mexico]
 Middle East & Africa [GCC, North Africa, South Africa]
 South America [Brazil, Argentina, Columbia, Chile, Peru]
Frequently Asked Questions
 What is the Educational Robots Market?
 What are some of the key factors driving the growth in the Educational
Robots Market?
 Which are the most prominent players in the Educational Robots Market?
 Which segments are included in the Educational Robots Market Report?
 What are the main outcomes of Porter's five analysis and SWOT?
 Which region is experiencing the highest growth in Educational Robot
Market?
 How does the market for educational robots generate income?
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