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SERVICE ROBOTS TO HOLD LARGER SHARE OF EDUCATIONAL ROBOT MARKET IN 2022

The global educational robot market size is expected to grow from USD 1.4 billion in 2022 to USD 3.2 billion by 2027, at a CAGR of 17.3% during the forecasted period.<br><br>Increase in deployment of robots in manufacturing industries to promote new job opportunities, and growing research and product development of humanoid robots to transform service sector are the few drivers for pertaining the growth of educational robot market.

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SERVICE ROBOTS TO HOLD LARGER SHARE OF EDUCATIONAL ROBOT MARKET IN 2022

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  1. MarketsandMarkets Presents Educational Robot Market by Type (Humanoid Robots, Collaborative Industrial Robots), Component (Sensors, End Effectors, Actuators, Controllers), Education Level (Higher Education, Special Education) - Global Forecast to 2027 The global educational robot market size is expected to grow from USD 1.4 billion in 2022 to USD 3.2 billion by 2027, at a CAGR of 17.3% during the forecasted period. The major drivers for the growth of educational robot market include growing demand for collaborative robots in educational and industrial sector, increase in research and product development of humanoid robots to transform service sector, and increase in penetration of robots in manufacturing industries to promote new job opportunities.

  2. MarketsandMarkets Presents End effectors is expected to hold the largest market share of educational robot market for hardware during the forecasted period An end effector is fitted at the end of the robotic arm and is a key component of an industrial robot. End effectors are of various types, such as finger grippers, vacuum grippers, and magnetic grippers. Most industrial robot manufacturers buy end effectors from third-party manufacturers such as Schunk (Germany), Schmalz (Germany), and Zimmer Group (Germany) who provide a wide range of end effectors. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=28174634 End effectors may also be used in service robots to pick and manipulate objects, but they are not designed for industrial use but research purposes only. End effectors are also not an integral part of a service robot, unlike industrial robots. Many humanoid robots are built without arms, and robots with arms are mostly utilized to perform various gestures rather than object manipulation.

  3. MarketsandMarkets Presents Industrial robot has witnessed as significant growth in educational robot market during forecasted period Industrial robots are being introduced in schools to introduce students to robotic programming. Some industrial robot manufacturers also have tie-ups with colleges to offer robotics training and certification. The global education sector has witnessed significant changes owing to the introduction of new devices, such as interactive humanoids and interactive displays, equipped with non-humanoids. More interactive and digital educational content is required for integration with interactive devices in the educational segment.

  4. MarketsandMarkets Presents Special education segment for education robot market is the fastest growing segment during the forecast period With robots, children with autism can gain skills and knowledge through alternative methods. Robotic education helps such students learn in a different classroom environment. These robots can be specifically programmed to interact with special students according to their requirements. Some of these robots have already been adopted worldwide for personal care and assistance, which could, in turn, be an added advantage in interacting with special children. Kinova Robots (Canada) is one of the very few companies that has developed assistive robots using collaborative robot technology. Hence, educational robots for special education has highest growth during forecasted period.

  5. MarketsandMarkets Presents Europe is likely to be emerge as the second fastest growing region during forecasted period For more than a decade, robotics in education has gained significant attention across Europe. The introduction of cost-efficient robotic educational solutions in Europe has been sponsored by various educational organizations in the region, which is stimulating the growth of the educational robot market. Alsoy Robotics (Spain), a provider of educational robots, has gained a strong foothold in the European market by providing robotic education solutions in various languages, such as English, Spanish, French, German, Dutch, and Italian.  View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/educational-robot-market-28174634.html

  6. MarketsandMarkets Presents ABB (Switzerland), FANUC (Japan), YASKAWA (Japan), KUKA (Germany), Universal Robots (Denmark), SoftBank Robotics Group (Japan), Hanson Robotics (China), ROBOTIS (South Korea), Robolink (US), UBTECH Robotics (China) are few major players in the educational robot market.

  7. MarketsandMarkets Presents About MarketsandMarkets™ MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

  8. MarketsandMarkets Presents MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. Contact:Mr. AashishMehraMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA : 1-888-600-6441

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