Published on : Jun 23, 2016
ALBANY, New York, June 23, 2016: A new market study, titled “Global Educational Robots Market 2016-2020,” has been featured on ResearchMoz.us. The research report is a professional effort to understand the factors that will influence the progression of the global educational robots market between 2016 and 2020. It includes an in-depth analysis of growth trends and technological developments across the global and regional markets for educational robots, with insights into the market driving forces and restraints. The report analyzes the global educational robots market across the Americas, EMEA, and APAC for the aforementioned forecast period.
The report also presents a SWOT analysis of the global educational robots market until the end of the forecast period in 2020. This includes an analysis of the market focusing on players’ strengths, weakness, opportunities, and threats over this forecast period.
The global educational robots market will rise at a CAGR of 21.5% between 2016 and 2020, says the report. The adoption of technology has brought a radical change in the education industry in terms of teaching methodologies and learning experience. The use of robotic technologies, in particular, has proven to add value to the modern education system. The use of robotic technologies for education has proven their value in everyday learning and for imparting education to students with special needs.
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The report presents reasons that are driving the growth of the global educational robots market. The expeditious adoption of technology in the emerging markets of Asia is the foremost factor driving this market. The development of the education sector in countries such as India and China is contributing substantially towards this market’s growth. Governments in these countries are spending heavily on modern education to reach the masses by means of technology. Robot-assisted education provides an interactive medium between the teacher and the student. This is particularly beneficial for students with learning difficulties or mentally challenged children.
However, the growth of this market is challenged by certain growth impediments. The complex programing involved in the development of humanoid robots is restricting the market’s growth. Presently, mostly developed countries exhibit the technical capabilities and infrastructure for the development of humanoid robots limiting their deployment mostly to developed regions. With infrastructural development and improvement of technical capabilities, robotic education is expected to be widely used in developing countries as well.
Nevertheless, the deployment of robot teachers will bring a sea change in the global educational robots market. The use of robot teachers will reduce the need for human teachers, which will indirectly have an economic advantage.
The key vendors to benefit from the development of the global educational robots market are Fischertechnik, Modular Robotics, Tetrix Robotics, Lego, and Robotis. Some other vendors that have a presence in this market are Aldebaran, Bossa Nova Robotics, Honda Motor, Robotshop, Toshiba Machines, Yujin Robot, Bluefrog Robotics, Evollve, Innovation First International, Romotive, and, Wowwee.
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