A market worth US$5.0 billion is expected for educational robots. A billion people lived there in 2022. Between 2022 and 2032, the market, according to Future Market Insights, will expand at a CAGR of 16.3%. Market growth grew at a 20.0% CAGR between 2017 and 2021.
Expansion is related to the popularity of educational robots, which is on the rise. They help create a stimulating learning atmosphere for the pupils. They allow them to work on issues that arise in the real world as well.
These robots are necessary for the growth of students’ interpersonal, communication, and problem-solving skills. Therefore, it is anticipated that over the next ten years, the market for educational robots will change.
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The employment of these robots in universities, public schools, and special education facilities is increasing. Market growth is also being aided by ongoing technological advancement and extensive use of e-learning platforms.
As more businesses began producing educational robots, sales would rise. Organisations in both the public and private sectors are increasing their investments, which is leading to greater opportunities. These factors would raise demand for educational robots by 2032.
The French Ministry of National Education recently placed a 1,750 robot order with Blue Frog Robotics & Buddy for delivery in 2022. These robots will make it possible for students who are hospitalised or housebound to communicate virtually with their classmates.
In educational contexts, robotic applications are quickly spreading. Only a few schools are currently testing the use of teaching robots to improve student learning.
These robots can be used to instruct students in topics like math, science, technology, and engineering. These are crucial components of the curriculum.
Millennials who work as instructors or kids who attend homeschooling can also benefit from robots. In these conditions, where there is a dearth of human competence, they are ideal.
Key Takeaways from Educational Robots Market Study
North America would lead the educational robots market and reach a valuation of US$ 2.01 billion by 2032.
The USA educational robots market size would reach US$ 1.6 billion by 2032.
By application, the higher education segment would exhibit a CAGR of 1% from 2022 to 2032.
The non-humanoid type of educational robot would lead and flourish at a CAGR of 2% from 2022 to 2032.
China educational robots market would exhibit steady growth at a CAGR of 3% from 2022 to 2032.
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Competitive Landscape: Educational Robots Market
The market for educational robots is stable thanks to the presence of numerous illustrious companies. They would engage in acquisitions and mergers to gain an edge over their rivals. Other businesses are concentrating on joint ventures, alliances, and new product launches.
For instance,
In June 2021 , Hanson Robotics announced that they are creating a robot called Grace. It will be used for interacting with people isolated by the COVID-19 pandemic. The robot can talk with patients and show emotions. It is dressed in the blue uniform of a nurse. It is equipped with a camera. It is used to measure patients’ responsiveness, temperature, and measures. Grace can initiate talk therapy, take readings, and help healthcare providers in the hospital. It can express thoughts similar to a human being. It will be used in the healthcare industry for research purposes.
In June 2020 , OrangeApps GmbH started making educational robots for KUKA Robotics and other industry players. OrangeApps GmbH develops individual software solutions for robotic systems. These robots are programmed similarly to those of KR Quantec from KUKA Robotics. These robots are used in colleges and universities by students to get hands-on experiences.
Key Companies Profiled: Aisoy Robotics, Hanson Robotics Limited, Modular Robotics, PAL Robotics, Probiotics America
Get More Exclusive Insights into Educational Robots Market Study
Future Market Insights, in its new offering, presents an unbiased analysis of the educational robots market, presenting historical market data (2017 to 2021) and forecast statistics for the period of 2022 to 2032.
The study reveals extensive growth in the educational robot market in terms of type (humanoid, non-humanoid), application (primary education, secondary education, higher education), and region
Educational Robots Market Outlook by Category
By Type:
Humanoid
Non-Humanoid
By Application:
Primary Education
Secondary Education
Higher Education
Others
By Region:
North America
Europe
Asia Pacific
latin America
Middle East & Africa
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Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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