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According to Technavio’s market research analysis, the low cost of reconfigurable educational robots will be one of the major factors that will have a positive impact on the global reconfigurable educational robots market during the forecast period. Our market research analysts predict that this market will grow at a CAGR of more than 24% by 2022. The rising popularity of reconfigurable educational robots is mainly due to low cost of associated components used in robots such as sensors, actuators, and motors. This helps the vendors to manufacture low-cost robotic solutions, which in turn, drives the growth of the reconfigurable educational robots market.
The introduction of preprogrammed robotics is one of the key trends that will contribute to the market’s growth in the forthcoming years. Preprogramming reconfigurable kits is gaining wide popularity in the market, specifically in the elementary education base. For instance, MOSS, a preprogrammed reconfigurable robot by Modular Robotics allows the building of a semi-intelligent robotic solution that can be made without any support from the computer, building bots, or programming. The robot kit consists of a set which is linked to metal ball bearing and magnets.
The reconfigurable educational robots market is characterized by numerous vendors. The market report includes detailed information about the companies and their products. Morever, the report also presents an analysis of the strategies the players follow and the areas they currently focus on to sustain the competition.
Some of the companies covered in this report are –
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The K-12 and higher education end-user segment accounted for the maximum share of the reconfigurable educational robots market during 2017. This segment will also continue to lead the market during the forecast period.
In terms of geographical regions, Americas will be the major revenue contributor of the reconfigurable educational robots market throughout the forecast period. The increased recognition of the US and Europe as study destinations for higher education and increased investments in encouraging the utilization of robots in the education system in the region will drive the market growth.
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PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
PART 05: MARKET SIZING
PART 06: FIVE FORCES ANALYSIS
PART 07: MARKET SEGMENTATION BY APPLICATION
PART 08: MARKET SEGMENTATION BY PRICING
PART 09: CUSTOMER LANDSCAPE
PART 10: REGIONAL LANDSCAPE
PART 11: DRIVERS AND CHALLENGES
PART 12: MARKET TRENDS
PART 13: VENDOR LANDSCAPE
PART 14: VENDOR ANALYSIS
PART 15: APPENDIX
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