Market Snapshot:
Robotics education is the study of robots. The field of robotics generally involves looking at how any physical constructed technology system can perform a task or play a role in any interface or new technology. Educational robots teach programming and coding enabling them to gain significant traction among the students, educators, and parents worldwide
Market Drivers
- Technological Enhancements in the Development of Compact Size and Precisely Working Robots as Compared to Traditional Large Robots
- Increase in Investments for Automation in Industries
- Growing Demand from SMEs in Developing Countries
Market Trend
- Rapidly Growing Collaborative Robots (Cobots) For Making Automation Easier in Manufacturing Environment
- Rise in Advancement of Technologies such as Modular Robotics, nano-Robotics and Cloud Robotics
Restraints
- High Cost of Robotics Education
Opportunities
The Rapid Growth of Robotics Technology
Players Covered in the Study are:
BirdBrain Technologies (United States), Roboticist's Choice (United Kingdom), MakeBlock (China), Robotshop (Canada), LittleBits (United States), Microbric (Australia), Electroninks (United States), ELENCO ELECTRONICS INC. (United States), Wonder Workshop (United States) and SmartLab Toys (United States)
The Global Robotics Education market is gaining huge competition due to involvement of United States companies that constantly invest in research & development to meet market expectation with new innovation.
What can be explored with Robotics Education study:
Where Robotics Education industry stands in scaling its end use implementations
What concrete benefits would result from scaled initiatives by Players
Where Players should focus their investments cycle
Key success factors and recommendations for upscaling future growth.
Target Market / Country and Key Business Segments
Available Customization:
List of players that can be included in the study on immediate basis are Spin Master (Canada), Lego (Denmark), Vex Robotics (Hong Kong) and OWI Inc. (United States).