Increasing demand for easy to program and affordable collaborative robots is positively affecting the growth within the global educational robot market. These robots are most commonly used in the field of education, as well as research. Key types of products offered by leading manufacturers in the global educational robot market include non-humanoid service robots, humanoid service robots, and industrial robots. Players offer software as well as hardware components. Hardware components offered by leading players in the global educational robot market include end effectors, controllers, power source system, robotic arms, actuators or drives, and sensors, among others. The products and solutions in the global educational robot market are used for children in various educational levels, including higher education, high school education, elementary education, and special education.
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Global Educational Robot Market: Major Trends and Drivers
Some of the leading drivers responsible for thrusting growth within the global educational robot market include rising deployment of these robots in manufacturing industries for offering new employment opportunities, as well as the increasing research and development to facilitate development of new age humanoid robots to aid in the expansion of service sector. Furthermore, increasing demand for collaborative robots in industrial as well as education segments is also expected to favor the growth within the market in coming years.
Moreover, increasing demand for humanoid robots for teaching children with special needs may also provide attractive cash grab opportunities in the global educational robot market in coming years. However, the high cost associated with these technologically advanced robots may hamper the adoption of these products in the global educational robot market in coming years. Furthermore, difficulties faced by practitioners in training centers for conducting hands-on training may also negatively impact market growth. On the other hand, adoption of new age industrial robots in high schools in developed economies may offer attractive growth avenues in global educational robot market in coming years.
Global Educational Robot Market: Key Players and Manufacturers
A few of the key companies operating in the global educational robot market include Fanuc, KUKA, SoftBank Robotics group, ROBOTIS, UBTECH Robotics, ABB, YASKAWA, Universal Robots, Hanson Robotics, and Robolink, among others. Players in the global educational robot market are focused on launching new and technologically advanced products through intense research and development activities. Furthermore, some other key strategies employed by market players include partnerships and strategic agreements. For example, new collaborative robots, CRX-25iA, CRX-20iA, and CRX-5iA were launched by FANUC in March of 2022 as additions to their popular CRX robot series. Furthermore, Sevensense Robotics AG and ABB entered into a partnership in November of 2021. This move will help ABB to offer their customers the next gen autonomous mobile robots that feature a higher level of flexibility in both outdoor and indoor environments.
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Global Educational Robot Market: Regional Assessment
North America accounted for the largest share within the global educational robot market in recent past. Growth within the North America educational robot market can be attributed to increasing number of technology centers in the United States, as well as the rising presence of robotic manufacturing hubs in the region. However, the Asia Pacific region is most likely to display higher growth rate in the global educational robot market than North America over the forecast period.
Asia Pacific is anticipated to record the highest growth rate in the global educational robot market in the coming years. Key drivers stimulating growth within the Asia Pacific market include considerable advancements in the field of robotics made by regional players, as well as increasing initiatives by regional governments for advancing and bettering the quality of education in the region. Additionally, increasing strides in the development of the field of robotics in economies such as South Korea and Japan are also expected to favor the market expansion.
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