Global Educational Robots Market – Entry of Global Industry Players to Boost Growth | Technavio

LONDON–(BUSINESS WIRE)–Technavio’s latest market research report on the global educational robots market provides an analysis of the most important trends expected to impact the market outlook from 2018-2022. Technavio defines an emerging trend as a factor that has the potential to significantly impact the market and contribute to its growth or decline.

According to Technavio market research analysts, the global educational robots market will grow at a CAGR of over 21% during the forecast period. The emergence of startups in the global educational robot market is a major factor driving the market’s growth.

Robots that can teach programming and coding are gaining traction among students, educators, and parents worldwide with growing acceptance of automation at workplaces. With the increased popularity of educational robots, the global educational robots market is witnessing the emergence of new startups with huge funding. In the last five years, companies such as Wonder Workshop, Modular Robotics, and Makeblock raised huge amount from investors such as CRV, Google Ventures, and Madrona Venture Group. This will provide huge growth momentum and drive market growth over the forecast period.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Save more with Technavio. Buy 2 reports and get the third for FREE: View all Technavio’s current offers

In this report, Technavio highlights the entry of global robot industry players as one of the key emerging trends in the global educational robots market:

Entry of global robot industry players

Efforts are being made to prepare the workforce for the future, where industries will use robotics solutions for several tasks. Thus, it is imperative for vendors to ensure that workers are familiar with this advanced technology. Vendors are also concerned about the decline in the workforce with the required qualification to operate robotics solutions in end-user facilities and the shortage of technicians to undertake R&D for future robots. To overcome this challenge, renowned global robotics industry players are expected to come up with sophisticated educational robots during the forecast period, which will drive the global educational robots market.

According to a senior analyst at Technavio for robotics research, “The market has already witnessed the entry of industrial robot vendors such as ABB, FANUC, Yaskawa; and service robots industry vendors such as iRobot. These companies are offering mobile robot platforms, software packages, and training programs to facilitate an understanding of robotics and programming.”

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report such as the market size and forecast, drivers, challenges, trends, and more.

Global educational robots market segmentation

This market research report segments the global educational robots market by product (pre-configured and reconfigurable) and key regions (the Americas, APAC, and EMEA).

The Americas led the global educational robots market in 2017 and is expected to remain dominant during the forecast period. However, APAC is expected to witness the highest growth during the forecast period due to initiatives to promote technology-driven educational curriculum.

 
Technavio’s best deals of the month!
 

Technavio supports Health for All campaign on this World Health Day with 20% savings on all reports in the Health and Wellness category for the entire month.

 
OR
 

Celebrate International Astronomy Day by indulging in a whopping 30% savings on all reports in the Space category. Offer valid from 16th April for a limited period.

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at [email protected].

Recommended For You

mm

About the Author: Sarah Tulowitzki

Sarah Tulowitzki is a financial reporter, focusing on technology, national security, and policing. Before joining Canadian Business Tribune she worked as a staff writer at Fast Company and spent two years as a foreign correspondent in Turkey. Her work has been published in Al Jazeera America, The Nation, Vice News, Motherboard, and many other outlets.

Leave a Reply

Your email address will not be published. Required fields are marked *