Educational Robot Market Size & Growth Analysis to 2030

The global educational robot market size was estimated at over USD 1 billion in 2022 and expected to register a higher CAGR of around 17% during the forecast period from 2023 to 2029. The increasing demand for the product in the education and industrial sector and the development of humanoid robots for the service industry are some major factors driving the market growth. Furthermore, the increasing investment in the educational industry by government and non-government organizations, growing research & development activities, and the increasing penetration of artificial intelligence (AI) and machine learning technologies are further anticipated to boost the market growth over the forecast period.

Market Drivers:

Emphasis on STEM education: There is a growing emphasis on Science, Technology, Engineering, and Mathematics (STEM) education to prepare students for future careers in fields such as robotics, artificial intelligence, and automation. Educational robots provide a hands-on learning experience, fostering student engagement and interest in STEM subjects.

Technological advancements in robotics: Continuous advancements in robotics technology, including miniaturization, sensor technology, artificial intelligence, and programming capabilities, have made educational robots more accessible, affordable, and user-friendly. These advancements have expanded the possibilities and applications of educational robots, driving market growth.

Increasing demand for personalized and interactive learning: Educational robots offer interactive and personalized learning experiences, tailoring instruction and activities to individual students’ needs and learning styles. They provide feedback, adaptability, and real-time assessment, enhancing student engagement and knowledge retention.

Integration of robotics in curricula: Educational institutions are increasingly integrating robotics and educational robots into their curricula. Robotics programs and competitions at various educational levels promote the adoption and use of educational robots. The integration of robotics in curricula drives the demand for educational robots.

Skill development for the future workforce: Educational robots help develop critical skills such as problem-solving, logical thinking, creativity, collaboration, and coding. These skills are essential for the future workforce, as automation and robotics technologies continue to shape industries. The need to develop these skills drives the adoption of educational robots.

Supportive government initiatives and funding: Governments worldwide are recognizing the importance of robotics education and are implementing initiatives and funding programs to promote its adoption in schools and educational institutions. These supportive measures drive the growth of the educational robot market.

Growing adoption in informal learning settings: Educational robots are not limited to traditional classrooms but are also used in informal learning settings such as museums, science centers, and coding clubs. These settings provide hands-on experiences and promote interest in robotics and STEM fields among children and young learners.

Parental and societal interest in educational technology: Parents and society at large have a growing interest in educational technology and innovative learning tools. Educational robots align with this interest and are seen as valuable tools to enhance educational outcomes and prepare students for the digital age.

Market Snapshot:

Market Insights:

By product type, the non-humanoid segment dominated the global educational robots market in 2022

The global educational robots market is bifurcated into component, product type, application, and geography. On the basis of product type, the market is further segmented into humanoid ad non-humanoid. The non-humanoid robots segment dominated the global market in 2022 and expected to hold the largest revenue share of over half of the market by 2029. The significant demand for smart toys is a significant factor driving the segment growth. On the flip side, the humanoid segment is estimated to register the fastest growth rate over the forecast period. The technological advancement and the increasing investment in research & development by various market players are expected to fuel the segment growth over the forecast period.

By application, the primary education segment is expected to grow at the fastest growth rate by 2029

On the basis of application, the market is segmented into primary education, secondary education, higher education, special education, and others. The higher education segment dominated the global education robot market in 2022 and expected to hold the largest revenue share of over 1/3 market share by the end of the analysis period. The significant demand for the product in research & development applications is one of the prominent factor driving the segment growth. On the flip side, the primary education segment is anticipated to register the fastest CAGR over the forecast period.

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The educational robot comprehensive study analyzes industry trends, market size, competitive analysis, and market forecast – 2023 to 2029. Research Corridor report provides detailed premium insight into the global market and reveals the potential revenue streams, commercial prospects, market drivers, challenges, opportunities, issues, and events affecting the industry. In addition, the report has a dedicated section covering market forecasts and analysis for leading geographies, profiles of major companies operating in the market and expert opinion obtained from interviews with industry executives and experts from prominent companies.

The educational robot market research report presents the analysis of each segment from 2020 to 2029 considering 2022 as the base year for the research. The compounded annual growth rate (CAGR) for each respective segment is calculated for the forecast period from 2023 to 2029.

Historical & Forecast Period

• 2020-21 – Historical Year
• 2022 – Base Year
• 2023-2029 – Forecast Period

Market Segmentation:

By Component:

• Hardware
  • Robotics Arms
  • End Effectors
  • Actuators/Drives
  • Controllers
  • Sensors
  • Power Source System
  • Others
• Software

By Product Type:

• Humanoid
• Non-Humanoid

By Application:

• Primary Education
• Secondary Education
• Higher Education
• Special Education
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Regional Analysis:

By region, the Asia Pacific is anticipated to register the fastest CAGR over the forecast period

On the basis of region, North America dominated the global educational robot market in 2022 and estimated to hold a significant revenue share of around 1/3 market share by the end of the analysis period. The increasing adoption of advanced technologies by various education institutions and the rising trend of activity-based education are some prominent factors driving the market growth in the region. Furthermore, the technological advancement in the education sector and the presence of some major market players are further anticipated to propel the market over the forecast period. On the other hand, the Asia Pacific is estimated to grow at the fastest growth rate over the forecast period due to the growing investment in the educational sector by government and non-government organizations.

Geographically, the educational robot market report comprises dedicated sections centering on the regional market revenue and trends. The educational robot market has been segmented on the basis of geographic regions into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa. The educational robot market has been extensively analyzed on the basis of various regional factors such as demographics, gross domestic product (GDP), inflation rate, acceptance, and others. Educational robot market estimates have also been provided for the historical years 2020 & 2021 along with forecasts for the period from 2023 – 2029.

Competitive Assessment:

Some of the major market players operating in the global educational robot market are Aisoy Robotics, Blue Frog Robotics & Buddy, Innovation First International Inc., LEGO System A/S, and Makeblock. Companies are exploring markets through expansion, new investment, the introduction of new services, and collaboration as their preferred strategies. Players are exploring new geography through expansion and acquisition to gain a competitive advantage through joint synergy.

Key Companies:

• Aisoy Robotics
• Blue Frog Robotics & Buddy
• Innovation First International Inc.
• LEGO System A/S
• Makeblock
• Modular Robotics
• Pal Robotics
• Pitsco Inc.
• Robotis
• SoftBank Robotics

Key Questions Answered by Educational Robot Market Report

• Global educational robot market forecasts from 2023-2029
• Regional market forecasts from 2023-2029 covering Asia-Pacific, North America, Europe, Middle East & Africa, and Latin America
• Country-level forecasts from 2023-2029 covering 15 major countries from the regions as mentioned above
• Educational robot submarket forecasts from 2023-2029 covering the market by component, product type, application, and geography
• Various industry models such as SWOT analysis, Value Chain Analysis about the market
• Analysis of the key factors driving and restraining the growth of the global, regional, and country-level educational robot markets from 2023-2029
• Competitive Landscape and market positioning of the top 10 players operating in the market