{"product_id":"global-educational-robot-market-analysis-trends-industry-forecast-to-2028","title":"Global Educational Robot Market Analysis \u0026 Trends - Industry Forecast to 2028","description":"\u003cp\u003eGlobal Educational Robot Market Analysis \u0026amp; Trends - Industry Forecast to 2028\u003c\/p\u003e\n\n\u003cp\u003eEducational Robot: Market Size\u003c\/p\u003e\n\n\u003cp\u003eFrom $765.15 million in 2020, the global Educational Robot market is projected to reach $2,915.32 million by 2028. Based on our analysis the market is expected to grow at a CAGR of 18.2% from 2020 - 2028 timeframe. Some of the prominent trends that the market is witnessing include humanoid robots designed for students with special needs, rising technological advancements in the field of education to revolutionize the learning process, and growing demand for collaborative robots in education and industrial sectors.\u003c\/p\u003e\n\n\u003cp\u003eGlobal Educational Robot Market: Market Dynamics\u003cbr\u003e\nThe factors such as the growing trend of digitization, increasing number of research and development activities for humanoid robots, technological advancement in the field of robotics, use of robots for educational purposes, and rising public and private investment for infrastructural development in the educational sector are driving the market growth.\u003c\/p\u003e\n\n\u003cp\u003eOn the other hand, the high initial investment in educational robots is likely to obstruct the profit boundaries. In addition, the growing demand for humanoid robots will further boost the Educational Robot market.\u003c\/p\u003e\n\n\u003cp\u003eImpact of COVID-19 on Educational Robot\u003cbr\u003e\nThe emergence of the COVID-19 pandemic, a deadly respiratory disease that initiated in China, is now become a worldwide concern and has also affected the educational robot market. Most educational robot manufacturers have been affected by this crisis, which is expected to be a medium-term impact. This is mainly due to the temporary closure of schools, universities, and training centers offering robotics education. As a result, market players have recorded a drop-in sales. For instance, the Q2 2020 revenue of the Robotics \u0026amp; Discrete Automation segment of ABB (Switzerland) declined 26% relative to the same period in the previous year, partly due to the impact of COVID-19. However, the situation in Q3 2020 was improved with a decline of only 3% compared to that of the same period in 2019.\u003c\/p\u003e\n\n\u003cp\u003eBy Component\u003c\/p\u003e\n\n\u003cp\u003eHardware Segment Dominate the Market in 2020\u003cbr\u003e\nThe hardware segment made huge revenue in the market during the forecast period. The educational robotic hardware system includes different electronic, electrical, and mechanical components. Hardware is the primary component of any educational robot. Industrial and service robots have different hardware functions. Hardware components in industrial robots are built for speed, repeatability, and handling large payloads. Service robot hardware, on the other hand, is built for dexterity and intelligent motions.\u003c\/p\u003e\n\n\u003cp\u003eBy Geography\u003c\/p\u003e\n\n\u003cp\u003eAsia Pacific Region is Leading in the Global Market Place\u003cbr\u003e\nAsia Pacific region is likely to have a huge demand in the forecast period owing to the rising public and private investment in the educational sector for infrastructural development and supportive government policies and increased focus of the government to reduce the literacy rate. The region is considered to be one of the biggest innovators of robots. Developing countries such as India and China will emerge as the major contributors to this region.\u003c\/p\u003e\n\n\u003cp\u003eList of the Key Players Profiled in the Market Include:\u003cbr\u003e\n• Adele Robots\u003cbr\u003e\n• Aisoy Robotics\u003cbr\u003e\n• Blue Frog Robotics\u003cbr\u003e\n• Hanson Robotics Limited\u003cbr\u003e\n• Lego System A\/S\u003cbr\u003e\n• Life \u0026amp; Science, Inc.\u003cbr\u003e\n• Modular Robotics\u003cbr\u003e\n• PAL Robotics\u003cbr\u003e\n• Probotics America\u003cbr\u003e\n• Robobuilder Co. Ltd\u003cbr\u003e\n• Robotis Co., Ltd.\u003cbr\u003e\n• Sanbot Innovation Technology., Ltd\u003cbr\u003e\n• SoftBank Robotics Group Corp.\u003cbr\u003e\n• UBTECH Robotics Inc\u003cbr\u003e\n• Wonder Workshop Inc.\u003c\/p\u003e\n\n\u003cp\u003eList of the Regions\/Countries Profiled in the Market Include:\u003cbr\u003e\nNorth America\u003cbr\u003e\n• US\u003cbr\u003e\n• Canada\u003cbr\u003e\n• Mexico\u003cbr\u003e\nEurope\u003cbr\u003e\n• Germany\u003cbr\u003e\n• U.K\u003cbr\u003e\n• Italy\u003cbr\u003e\n• France\u003cbr\u003e\n• Spain\u003cbr\u003e\n• Rest of Europe\u003cbr\u003e\nAsia Pacific\u003cbr\u003e\n• China\u003cbr\u003e\n• Japan\u003cbr\u003e\n• India\u003cbr\u003e\n• Australia\u003cbr\u003e\n• New Zealand\u003cbr\u003e\n• Rest of Asia Pacific\u003cbr\u003e\nMiddle East\u003cbr\u003e\n• Saudi Arabia\u003cbr\u003e\n• UAE\u003cbr\u003e\n• Rest of Middle East\u003cbr\u003e\n Latin America\u003cbr\u003e\n• Argentina\u003cbr\u003e\n• Brazil\u003cbr\u003e\n• Rest of Latin America\u003cbr\u003e\nRest of the World (RoW)\u003cbr\u003e\n• South Africa\u003cbr\u003e\n• Others\u003c\/p\u003e","brand":"Public Sector","offers":[{"title":"January, 2022 \/ 218 Pages \/ MCW16262106","offer_id":47704260084018,"sku":null,"price":5040.0,"currency_code":"USD","in_stock":true}],"url":"https:\/\/www.hardmanwell.com\/products\/global-educational-robot-market-analysis-trends-industry-forecast-to-2028","provider":"HARDMAN AND WELL MANAGEMENT CONSULTANCIES L.L.C","version":"1.0","type":"link"}