What is Robot Kits?
A robot kit is a special construction kit designed for the construction of robots, particularly autonomous mobile robots. Several companies also provide toy robot kits. They're mostly made of plastics, such as Lego Mindstorms, the rero Reconfigurable Robot kit, the Robotis Bioloid, Robobuilder, the ROBO-BOX-3.0 (produced by Inex), and the lesser-known KAI Robot (produced by Kaimax), or aluminium, such as Lynxmotion's Servo Erector Set and the qfix kit. Some robots, like Ebdot, are pre-assembled. The kits may include structural elements, mechanical elements, motors (or other actuators), sensors, and a controller board for controlling the robot's inputs and outputs. In some cases, the kits may also be available without electronics, allowing the user to use his or her own.
The market study is broken down by Type (Robotic Toy Vehicles, Robotic Toy Figures and Robotic Toy Pets), by Application (Adult and Kids) and major geographies with country level break-up.
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analysts at AMA Research estimates that Players from United States will contribute to the maximum growth of Global Robot Kits market throughout the predicted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Makeblock (China), Trossen Robotics (United States), Tesca Technologies (India), AdvanceTech (Taiwan), Vinamra Enterprises (India), Binarybots (United Kingdom), SB Components (London), Dexter Industries (United States), KMC Robotics INC (United States) and NADCo (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Nexus Automation Limited (China), Aftron (India) and Roborobo CO., LTD (South Korea).
Segmentation Overview
AdvanceMarketAnalytics has segmented the market of Global Robot Kits market by Type, Application and Region.
On the basis of geography, the market of Robot Kits has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Battery, the sub-segment i.e. AA Battery will boost the Robot Kits market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
In 2020, STEAM education market leader Makeblock launched a Kickstarter campaign for NextMaker Box, a monthly subscription box that delivers coding and making projects for curious kids ages 7-12. With no prior experience necessary, kids can develop skills in programming, robotics, electronics, engineering, science, and arts & crafts. It is now available for the early bird price of USD 39.
Market Trend
- Introduction to new mobility technology
Market Drivers
- Growing usage in manufacturing and many other industries
Opportunities
- Growing technologies and new developments with unique properties & distinct characteristics
Restraints
- High cost associated with purchase of robots kits
Challenges
- Lack of availability of skilled labors
Key Target Audience
Robots Kits Manufactures, Robots Kits Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have the better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with purpose to understand companys positioning regarding market value, volume and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders etc. and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.