The North America Educational Robots Market would witness market growth of 14.5% CAGR during the forecast period (2021-2027).
Educational robotics is a proven cost-effective method in comparison to traditional teaching practices as it does not require wages to perform its job. Educational robots totally work on electricity. They are built with an including artificial muscle system to implement the instructions from the brain system, to move the body, and a sensor to receive the information about its surroundings. The brain system of the robot instructs the sensor and the power source, planted in the body of the robot to activate muscles on instructions, of the robot to move its body and sense its surroundings.
In North America, the growing attention toward science, technology, engineering, and mathematics (STEM) is promoting the growth of the educational robots market in the region. Further, educational robots assist the institutes to deliver STEM education to modern education as it is designed with higher computing capacities. It accelerates natural learning and the adoption of a computational mindset.
Several education institutions are investing a significant amount in the adoption of educational robots in their education system. This increasing digitalization in the regional education industry is creating demand for various advanced technologies and robotics like educational robots, which would augment the growth of the regional market over the forecast period.
The US market dominated the North America Primary Education Market by Country in 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $166 Million by 2027. The Canada market is estimated to grow at a CAGR of 18% during (2021 - 2027). Additionally, The Mexico market would anticipate a CAGR of 16.9% 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Educational Robots Market is Estimated to reach $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.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Higher Education
- Secondary Education
- Primary Education
- Others Applications
By Product Type
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- 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)
- Kuka AG
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Educational Robots Market, by Application
1.4.2 North America Educational Robots Market, by Product Type
1.4.3 North America Educational Robots Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Recent Industry Wide Strategic Developments
3.1.1 Partnerships, Collaborations and Agreements
3.1.2 Product Launches and Product Expansions
3.2 Top Winning Strategies
3.2.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.2.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Aug – 2021, Jun) Leading Players
Chapter 4. North America Educational Robots Market by Application
4.1 North America Higher Education Market by Country
4.2 North America Secondary Education Market by Country
4.3 North America Primary Education Market by Country
4.4 North America Other Applications Market by Country
Chapter 5. North America Educational Robots Market by Product Type
5.1 North America Non-Humanoid Market by Country
5.2 North America Humanoid Market by Country
Chapter 6. North America Educational Robots Market by Country
6.1 US Educational Robots Market
6.1.1 US Educational Robots Market by Application
6.1.2 US Educational Robots Market by Product Type
6.2 Canada Educational Robots Market
6.2.1 Canada Educational Robots Market by Application
6.2.2 Canada Educational Robots Market by Product Type
6.3 Mexico Educational Robots Market
6.3.1 Mexico Educational Robots Market by Application
6.3.2 Mexico Educational Robots Market by Product Type
6.4 Rest of North America Educational Robots Market
6.4.1 Rest of North America Educational Robots Market by Application
6.4.2 Rest of North America Educational Robots Market by Product Type
Chapter 7. Company Profiles
7.1 ABB Group
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expense
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreement:
7.1.6 SWOT Analysis
7.2 FANUC Corporation
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Product Launches and Product Expansions:
7.3 Yaskawa Electric Corporation
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Recent strategies and developments:
7.3.4.1 Partnerships, Collaborations, and Agreements:
7.4 SoftBank Group Corporation (SoftBank Robotics)
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.5 Teradyne, Inc. (Universal Robots)
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.6 Techman Robot, Inc. (Quanta Storage, Inc.)
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental Analysis
7.6.4 Research & Development Expenses
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.7 Seiko Epson Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expenses
7.8 Hanson Robotics Limited
7.8.1 Company Overview
7.8.2 Recent strategies and developments:
7.8.2.1 Product Launches and Product Expansions:
7.9 SZ DJI Technology Co., Ltd. (iFlight Technology Company Limited)
7.9.1 Company Overview
7.9.2 Recent strategies and developments:
7.9.2.1 Product Launches and Product Expansions:
7.10. Kuka AG
7.10.1 Company Overview
TABLE 1 North America Educational Robots Market, 2017 - 2020, USD Million
TABLE 2 North America Educational Robots Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Educational Robots Market
TABLE 4 Product Launches And Product Expansions– Educational Robots Market
TABLE 5 North America Educational Robots Market by Application, 2017 - 2020, USD Million
TABLE 6 North America Educational Robots Market by Application, 2021 - 2027, USD Million
TABLE 7 North America Higher Education Market by Country, 2017 - 2020, USD Million
TABLE 8 North America Higher Education Market by Country, 2021 - 2027, USD Million
TABLE 9 North America Secondary Education Market by Country, 2017 - 2020, USD Million
TABLE 10 North America Secondary Education Market by Country, 2021 - 2027, USD Million
TABLE 11 North America Primary Education Market by Country, 2017 - 2020, USD Million
TABLE 12 North America Primary Education Market by Country, 2021 - 2027, USD Million
TABLE 13 North America Other Applications Market by Country, 2017 - 2020, USD Million
TABLE 14 North America Other Applications Market by Country, 2021 - 2027, USD Million
TABLE 15 North America Educational Robots Market by Product Type, 2017 - 2020, USD Million
TABLE 16 North America Educational Robots Market by Product Type, 2021 - 2027, USD Million
TABLE 17 North America Non-Humanoid Market by Country, 2017 - 2020, USD Million
TABLE 18 North America Non-Humanoid Market by Country, 2021 - 2027, USD Million
TABLE 19 North America Humanoid Market by Country, 2017 - 2020, USD Million
TABLE 20 North America Humanoid Market by Country, 2021 - 2027, USD Million
TABLE 21 North America Educational Robots Market by Country, 2017 - 2020, USD Million
TABLE 22 North America Educational Robots Market by Country, 2021 - 2027, USD Million
TABLE 23 US Educational Robots Market, 2017 - 2020, USD Million
TABLE 24 US Educational Robots Market, 2021 - 2027, USD Million
TABLE 25 US Educational Robots Market by Application, 2017 - 2020, USD Million
TABLE 26 US Educational Robots Market by Application, 2021 - 2027, USD Million
TABLE 27 US Educational Robots Market by Product Type, 2017 - 2020, USD Million
TABLE 28 US Educational Robots Market by Product Type, 2021 - 2027, USD Million
TABLE 29 Canada Educational Robots Market, 2017 - 2020, USD Million
TABLE 30 Canada Educational Robots Market, 2021 - 2027, USD Million
TABLE 31 Canada Educational Robots Market by Application, 2017 - 2020, USD Million
TABLE 32 Canada Educational Robots Market by Application, 2021 - 2027, USD Million
TABLE 33 Canada Educational Robots Market by Product Type, 2017 - 2020, USD Million
TABLE 34 Canada Educational Robots Market by Product Type, 2021 - 2027, USD Million
TABLE 35 Mexico Educational Robots Market, 2017 - 2020, USD Million
TABLE 36 Mexico Educational Robots Market, 2021 - 2027, USD Million
TABLE 37 Mexico Educational Robots Market by Application, 2017 - 2020, USD Million
TABLE 38 Mexico Educational Robots Market by Application, 2021 - 2027, USD Million
TABLE 39 Mexico Educational Robots Market by Product Type, 2017 - 2020, USD Million
TABLE 40 Mexico Educational Robots Market by Product Type, 2021 - 2027, USD Million
TABLE 41 Rest of North America Educational Robots Market, 2017 - 2020, USD Million
TABLE 42 Rest of North America Educational Robots Market, 2021 - 2027, USD Million
TABLE 43 Rest of North America Educational Robots Market by Application, 2017 - 2020, USD Million
TABLE 44 Rest of North America Educational Robots Market by Application, 2021 - 2027, USD Million
TABLE 45 Rest of North America Educational Robots Market by Product Type, 2017 - 2020, USD Million
TABLE 46 Rest of North America Educational Robots Market by Product Type, 2021 - 2027, USD Million
TABLE 47 Key Information – ABB Group
TABLE 48 key information – FANUC Corporation
TABLE 49 Key Information – Yaskawa Electric Corporation
TABLE 50 Key Information – SoftBank Group Corporation
TABLE 51 Key Information – Teradyne, Inc.
TABLE 52 Key information – TECHMAN ROBOT, INC.
TABLE 53 Key Information – Seiko Epson Corporation
TABLE 54 Key Information – Hanson Robotics Limited
TABLE 55 Key information – SZ DJI Technology Co., Ltd.
TABLE 56 Key Information –Kuka AG
List of Figures
FIG 1 Methodology for the research
FIG 2 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 3 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Aug – 2021, Jun) Leading Players
FIG 4 SWOT Analysis: ABB Group