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Global Solar Robot Kit Market 2017-2021

  • Published: Dec 2017
  • Pages: 77
  • SKU: IRTNTR15910
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This industry research report identifies Edu-Science, Elenco Electronics, OWI, Solarbotics, and TEDCO as the key vendors in the global solar robot kit market. This industry research report also presents a detailed analysis of the market by application (education and toy and hobby) and by geography (the Americas, APAC, and EMEA).

Overview of the global solar robot kit market

Technavio’s market research study has identified the increasing adoption of activity-based learning methods in schools to be one of the primary growth factors for the solar robot kit market. Educational institutions are steadily adopting technologically advanced methods and activities. This shifts the focus on practical assignments and experiments due to increased focus on STEM subjects. To increase the efficiency and retention rates of learners, these institutions are incorporating innovative products such as robot kits in their pedagogy. Widespread emphasis on innovative methods that overcome the knowledge-sharing process will drive the education solar robot kit market. Our market analysts estimate that the market will grow steadily at a CAGR of close to 33% by 2021.

European countries are facing intense dire need for STEM-skilled jobs, in comparison to other countries. Consequently, these regions are focusing on organizing more activities that encourage students to develop their skills and interest in STEM-related jobs. Growing occurrences of science and engineering fairs engage students to think and participate. Student aids such as solar robot kits are gaining prominence due to extensive emphasis on hands-on experiment and problem-based learning. The growing number of science fairs and events stimulating interest in STEM-related careers in Europe is one of the key factors contributing towards the growth of the solar robot kit market.

Competitive landscape and key vendors

The solar robot kit market is significantly concentrated owing to the market dominance by few key players offering toys, battery-powered robot kits, and now solar robot kits. Solar robot kits manufacturers are expanding their product portfolio and offering diverse and innovative products to attain competitive advantage in the education solar robot kit market. Also, they are offering specialized products to suit the diverse needs of the consumers.

The leading vendors in the market are

  • Edu-Science
  • Elenco Electronics
  • OWI
  • Solarbotics
  • TEDCO

The other prominent vendors in the market are Embo, Robotics Gate, Seeed Development, and Thames & Kosmos.

Segmentation by application and analysis of the solar robot kit market

  • Education
  • Toy and hobby

In the education application, solar robot kits for various ages are offered by key vendors such as LEGO group. In addition to battery-powered robot kits, solar robot kits in the solar robot kit market are being adopted due to their affordability. Also, they can be easily incorporated into the curriculum due to the flexibility and adaptability of robots, contributing towards the growth of the education solar robot kit market.

Geographical segmentation and analysis of the solar robot kit market

  • Americas
  • APAC
  • EMEA

The Americas accounts for major share in the education solar robot kit market due to consistent improvements in the education system and greater emphasis on activity-based learning in the US and Canada. Advances in technology, penetration of broadband network, and schemes like bring your own devices (BYOD) have influenced the incorporation of solar robot kits to teach STEM subjects.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global solar robot kit market?
  • What are the key market trends impacting the growth of the global solar robot kit market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global solar robot kit market?
  • What are the market opportunities and threats faced by the vendors in the global solar robot kit market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global solar robot kit market?

Technavio also offers customization on reports based on specific client requirement.

PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT

PART 03: RESEARCH METHODOLOGY

PART 04: MARKET LANDSCAPE

  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis

PART 05: MARKET SIZING

  • Market definition
  • Market sizing 2016
  • Market size and forecast 2016-2021

PART 06: FIVE FORCES ANALYSIS

PART 07: MARKET SEGMENTATION BY APPLICATION

  • Segmentation by application
  • Comparison by application
  • Education – Market size and forecast 2016-2021
  • Toy and hobby – Market size and forecast 2016-2021
  • Market opportunity by application

PART 08: REGIONAL LANDSCAPE

  • Geographical segmentation
  • Regional comparison
  • Americas – Market size and forecast 2016-2021
  • EMEA – Market size and forecast 2016-2021
  • APAC – Market size and forecast 2016-2021
  • Market opportunity

PART 09: DECISION FRAMEWORK

PART 10: DRIVERS AND CHALLENGES

  • Market drivers
  • Market challenges

PART 11: MARKET TRENDS

  • Science fairs and events stimulating interest in STEM-related careers in Europe
  • Emergence of maker culture
  • Promotion of alternative energy sources

PART 12: VENDOR LANDSCAPE

  • Competitive scenario

PART 13: VENDOR ANALYSIS

  • Vendor overview
  • Edu-Science
  • Elenco Electronics
  • OWI
  • Solarbotics
  • TEDCO

PART 14: APPENDIX

  • List of abbreviations

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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