The Europe Educational Robots Market would witness market growth of 15.0% CAGR during the forecast period (2021-2027).
Educational robots enable the student to relate their studies or work with their real-world issues. This feature provides an outstanding tool for the children to experience a new way of learning as well as enhance their problem-solving ability. Educational robotics can improve the communication and potentials.
The widespread adoption of modern technologies has supported the market for contemporary services and improved the connectivity with various advanced services. This modernization has supported the demand and growth of the educational robots in the market.
Educational robots are being highly used in most of the educational institutes, from elementary schools to high schools, adult training centers as well as vocational learning across all the European countries. However, the invasion of technology varies according to the distinct education and training sectors of different countries. In addition, the Government of Europe is conducting numerous initiatives to deliver next-generation technologies to the citizens of Europe. With the existing developed countries like UK, Germany, France, Norway, Italy, and Sweden, Europe comes in one of the major growth areas for the educational robots market. Also, the adoption rate of the latest advanced technologies is much higher in European countries.
The Germany market dominated the Europe Educational Robots Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $198.1 Million by 2027. The UK market is poised to grow at a CAGR of 13.9% during (2021 - 2027). Additionally, The France market would anticipate a CAGR of 16.4% during (2021 - 2027).
Based on Application, the market is segmented into Higher Education, Secondary Education, Primary Education, and Others Applications. Based on Product type, the market is segmented into Non-Humanoid and Humanoid. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Educational Robots Market Size will Hit $2,872.8 million by 2027, at a CAGR of 15.4%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, FANUC Corporation, Yaskawa Electric Corporation, SoftBank Group Corporation (SoftBank Robotics), Teradyne, Inc. (Universal Robots), Techman Robot, Inc. (Quanta Storage, Inc.), Seiko Epson Corporation, Hanson Robotics Limited, SZ DJI Technology Co., Ltd. (iFlight Technology Company Limited), and Kuka AG.
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