The global educational robots market size is expected to reach USD 5.0 billion by 2032. It stood at USD 1.1 billion in 2022.
Future Market Insights mentions that the market would showcase a CAGR of 16.3% from 2022 to 2032. From 2017 to 2021, the market witnessed a CAGR of 20.0%.
Expansion can be attributed to growing popularity of educational robots. These help to create an interactive educational setting for pupils. These also let them work on challenges from the real world.
These robots are essential for improving students' interpersonal, communication, and problem-solving skills. As a result, the market for educational robots is anticipated to change over the next ten years.
It is due to rising usage of these robots in universities, schools, and special-education institutions. Continued technical development and widespread use of e-learning platforms are further driving market expansion.
Rising presence of businesses producing educational robots would spur sales. Increasing investments from government and non-government organizations are also opening up attractive potential. These factors would push educational robot sales by 2032.
The French Ministry of National Education recently purchased 1,750 robots from Blue Frog Robotics & Buddy for use in 2022. These robots will allow students who are confined to hospitals or homes to connect with their peers remotely in schools.
Robotics applications in educational institutions are spreading quickly. To better educate their kids, several schools are nowadays experimenting with teaching robots. Science, Technology, Engineering, and Mathematics elements that are crucial to the educational curriculum can be taught with these robots.
Robots can also assist youngsters who teach in fields or are homeschooled. They are ideal for such situations where there is a shortage of human expertise.
For instance, Robosem, a robot, teaches English in South Korea. It is a country with few qualified English teachers. Similarly, Keeko is a China-made robot that tells stories, asks logical questions, and communicates with students through facial expressions.
Attributes | Key Insights |
---|---|
Educational Robots Market Estimated Size (2022E) | USD 1.1 billion |
Projected Market Valuation (2032F) | USD 5.0 billion |
Value-based CAGR (2022 to 2032) | 16.3% |
USA Value-based CAGR (2022 to 2032) | 15.1% |
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Future Market Insights mentions that the global educational robots market witnessed an astonishing CAGR of 20.0% from 2017 to 2021. The market is expected to showcase 16.3% CAGR during the assessment period.
Robots can help enhance social connection and promote collaboration among children. Hence, use of robotics in education is perfect for engagement in classrooms. Students with impairments can also gain additional advantages from studying or playing with robots.
Robots can elicit a lot of responses from students with autism. Students with autism can practice communication skills alone. They will not be put under the pressure of engaging with a normal human by using robots.
Milo (Robokind) is one of the technologies that is utilized in clinics and educational institutions for kids with autism spectrum disorders. The robot helps people with autism in gaining communication, emotional, and social skills.
Launch of New Educational Robot Toys in the USA to Spur Sales by 2032
The USA educational robots market size would reach USD 1.6 billion by 2032. It is set to create an incremental opportunity of USD 1.2 billion from 2022 to 2032.
The USA would exhibit steady growth at a CAGR of 15.1% from 2022 to 2032. It showcased a CAGR of 18.3% during the historical period.
For instance, RobotLab sells a robot called Pepper. It is a 4-feet tall humanoid robot. It is being used outside the classrooms. It would help students in research.
The robot is used for research in healthcare, banking, hospitality, and retail industries. It costs around USD 32,000.
NAO Robot, on the other hand, is a fully programmable bipedal humanoid robot. It is being used in autism therapy and dancing in synchronized dance shows.
NAO Robot autism pack for research costs around USD 20,980. Usage of such educational robots in the USA in various industries would drive sales.
Educational Robot Sales to Skyrocket in China, Japan, and South Korea with Increasing Government Projects
Future Market Insights expects the market in China, Japan, and South Korea to expand at 17.3%, 15.7%, and 16.8%, respectively from 2022 to 2032. All three countries would remain at the forefront in East Asia.
These countries are set to deploy instructional robots in a variety of educational institutions. It is attributed to increasing government projects aimed largely at raising the literacy rate.
Japan is regarded as one of the leading pioneers in the field of educational robots. The country also houses few of the most forward-thinking robotics start-ups. They are taking advantage of every chance to go worldwide as they continue to develop and reinvent their products.
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Non-humanoid Programmable Robots for Education to Witness High Demand by 2032
Based on type, the non-humanoid segment would remain at the forefront in the global educational robot’s market. The segment witnessed a CAGR of 19.9% in the historical period. It would showcase a CAGR of 16.2% from 2022 to 2032.
Growth is attributed to surging product adoption brought on by rising popularity of intelligent toys. These toys can mimic actions, identify faces, and interact with kids. These toys also promote fundamental learning experiences, thereby promoting segmental growth.
Programmable Robots for Students Pursuing Higher Education to Drive Demand
Based on application, the higher education category would dominate in terms of educational robots’ market share. The segment stood at a CAGR of 19.8% in the historical period. It would showcase steady growth at a CAGR of 16.1% in the estimated time frame.
In higher education, robots are extensively used for research in various domains. For instance, a robot called Furhat is being used in a social context. It is used to interact with people.
The robot communicates with humans by listening to them, speaking, and showing emotions. It can understand peoples’ emotions and can accordingly behave with them. It costs around USD 9990.
There is another robot called Blueye X3. It is used for underwater research. The robot is used in environmental monitoring and research.
With a wide range of notable firms present, the educational robots market is stabilized. To obtain a competitive edge in the market, they would take part in acquisitions and mergers. A few other companies are focusing on collaborations, partnerships, and new product launches.
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Attribute | Details |
---|---|
Estimated Market Size (2022) | USD 1.1 billion |
Projected Market Valuation (2032) | USD 5.0 billion |
Value-based CAGR (2022 to 2032) | 16.3% |
Forecast Period | 2022 to 2032 |
Historical Data Available for | 2017 to 2021 |
Market Analysis | Value (USD billion) |
Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; Middle East and Africa |
Key Countries Covered | USA, United Kingdom, Germany, France, Spain, Italy, Japan, China, Singapore, Malaysia, Sri Lanka, Kingdom of Saudi Arabia, United Arab Emirates, South Korea, Finland, Hungary, Rest of the World |
Key Segments Covered | Type, Application, Region |
Key Companies Profiled | Aisoy Robotics; Hanson Robotics Limited; Modular Robotics; PAL Robotics; Probotics America |
Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, Market Dynamics and Challenges, and Strategic Growth Initiatives |
The Educational Robots market CAGR for 2032 is 16.3%.
From 2017 to 2021, the market grew at a CAGR of 20.0%.
The projected market value of the market for 2032 is USD 5.0 billion.
Key players are developing the market by partnering with educational institutions.
SoftBank Robotics, Hanson Robotics, and Wonder Workshop are the key companies in this market.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2017 to 2021 and Forecast, 2022 to 2032 5. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Type 5.1. Humanoid 5.2. Non-Humanoid 6. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Application 6.1. By Application, 2022 to 2032 6.2. Primary Education 6.3. Secondary Education 6.4. Higher Education 6.5. Others 7. Global Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Region 7.1. North America 7.2. Latin America 7.3. Europe 7.4. Asia Pacific 7.5. Middle East and Africa 8. North America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 9. Latin America Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 10. Europe Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 11. Asia Pacific Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 12. Middle East and Africa Market Analysis 2017 to 2021 and Forecast 2022 to 2032, By Country 13. Key Countries Market Analysis 14. Market Structure Analysis 15. Competition Analysis 15.1. Aisoy Robotics 15.2. Hanson Robotics Limited 15.3. Modular Robotics 15.4. PAL Robotics 15.5. PRobotics America 15.6. Sanbot Innovation Technology, Ltd 15.7. Life & Science, Inc 15.8. Robotsis Co., Ltd 15.9. SoftBank Robotics Group Corp 15.10. Lego System A/S 16. Assumptions & Acronyms Used 17. Research Methodology
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