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The K-12 Robotic Toolkits Market size is forecast to increase by USD 906.1 million at a CAGR of 25.72% between 2023 and 2028. The report includes historic market data from 2018 to 2022. This report also includes an in-depth analysis of drivers, trends, and challenges.
Product premiumization due to technological advances is driving market growth. Market competition in the K-12 robotic toolkits market is increasing due to technological advances and shifting customer preferences. This is due to more R&D in terms of technology, performance, features, and innovative design, resulting in products that can execute various tasks with limited materials. Additionally, increased consumer disposable income has resulted in greater demand for advanced education and learning products and services, boosting the demand for K-12 robotic toolkits. Moreover, vendor investments have also improved the aesthetic appeal and performance of K-12 robotic toolkits. For example, NAO by RobotLAB has 20 pre-installed languages to enhance its interactive speech recognition system. The incorporation of such features results in premium models with greater applications in child skill development, resulting in further market growth during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Amtek Co. Inc. - The company offers K 12 robotic toolkits such as Dobot Magician and Dobot Robot Vision toolkits.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about 20 market companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
North America is estimated to contribute 38% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.
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The K-12 robotic toolkits market in North America is experiencing notable expansion due to the adoption of project-based and inquiry-based learning approaches in education. Hands-on activities and classroom engagement are key elements driving market growth. Teacher training programs are essential to effectively implement these tools, creating career pathways and contributing to workforce development. Industry partnerships are also crucial in fostering a robust educational ecosystem. Despite the US's economic saturation, the market is expected to continue its expansion during the forecast period.
This report also extensively covers market segmentation by type (science, technology, engineering, mathematics, and others) and geography (North America, Europe, APAC, South America, and the Middle East and Africa). K-12 robotic toolkits play a pivotal role in STEM education, enabling students to explore scientific concepts through hands-on learning experiences. These toolkits integrate science principles into the curriculum, focusing on areas like physics, biology, and environmental science. Students can design, build, and program robots to investigate solutions, solve problems, and simulate real-world scenarios. Drones and cartography are sometimes incorporated, allowing for coordinate mapping and understanding motion. Pricing and political factors influence the market, while social scenarios and company industry strengths and weaknesses shape priorities and strategies. Modular components, sensors, motors, and programming interfaces are essential features. STEM professions and degree programs are the future workforce targets, with technology-driven industries, educational software, online resources, and intuitive interfaces providing age-appropriate challenges. System integrators and intermediaries employ strategic approaches to success factors. Mathematics, physics, computer science, engineering, and technology are key subjects.
The market share growth by the science segment will be significant during the forecast period. The science segment is estimated to witness significant growth during the forecast period. Experiments and real-world phenomena are conducted in the school or college to give students hands-on learning experiences. K-12 robotic toolkits enhance this by allowing them to design, build, and program robots for drafting solutions, solving problems, and understanding scientific concepts. It ensures student interest due to being more engaging and gives a better understanding of scientific concepts.
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The science segment was the largest segment and was valued at USD 60.10 million in 2018. This segment can also incorporate advanced technology and robotics into education by using K-12 robotic toolkits which helps deliver a more interactive approach to teaching science. Additionally, it helps in understanding the real-world applications and practical skills necessary in the STEM industry and professions. Hence these factors shall boost the growth of this segment of the market during the forecast period.
The market is experiencing significant growth due to the increasing demand for STEM (Science, Technology, Engineering, and Mathematics) professions in technology-driven industries. These toolkits often include modular components such as sensors, motors, and programming interfaces, enabling students to design processes and build robotic projects. Drones and cartography are also becoming integral parts of the curriculum, providing age-appropriate challenges and hands-on activities. Product pricing and competitive positioning are crucial factors in the market. System integrators play a vital role in ensuring the seamless integration of educational software and intuitive interfaces into the toolkits. The future workforce will require a strong foundation in mathematics, physics, computer science, and engineering. Project-based learning and online communities are essential components of the digital age learning experience. The use of K-12 robotic toolkits in the educational curriculum fosters an immersive and interactive environment, preparing students for a future in STEM professions. Our researchers analyzed the data with 2022 as the base year, along with the key drivers, trends, and challenges. A holistic analysis of drivers will help companies refine their marketing strategies to gain a competitive advantage.
The growing demand for international schools is a key trend in the market. The market for K-12 robotic toolkits in STEM education is expanding rapidly, driven by the increasing number of students enrolled in international schools in countries like China, India, the US, Canada, and the UK. These institutions prioritize overall child development through advanced learning methods, including robotics. K-12 students engage in designing processes using sensors, motors, and programming interfaces. Pre-K to elementary schools also incorporate robotic toolkits into their curriculum. STEM professions and degree programs are the primary destinations for students with a strong foundation in robotics.
Companies in the industry provide modular components and intuitive interfaces for age-appropriate challenges. Drones and cartography with coordinate mapping are integral parts of educational software and online resources. Political factors and social scenarios influence the demand for K-12 robotic toolkits. The future workforce requires a strong understanding of mathematics, physics, computer science, engineering, and technology-driven industries. System integrators and intermediaries employ strategic approaches to meet the priorities and strategies of educational institutions. Strengths and weaknesses, success factors, and product pricing are essential considerations for companies in the market. Online communities, forums, and digital age resources foster collaboration and knowledge sharing among students and educators.
The high cost of advanced robotic toolkits is challenging market growth. K-12 robotic toolkits play a significant role in STEM education, fostering interest in Science, Technology, Engineering, and Mathematics professions and degree programs. However, their high cost, ranging from USD 130 to USD 10,000, poses a barrier to adoption, particularly for middle-income and low-income groups in developing countries. Advanced toolkits featuring sensors, motors, programming interfaces, and modular components typically cost between USD 5,000 and USD 10,000. Institutions offer these toolkits to students, incorporating profit margins and taxes. In the digital age, K-12 robotic toolkits encompass drones, cartography, coordinate mapping, and designing processes.
They cater to PreK-elementary school students, providing age-appropriate challenges and intuitive interfaces. Political factors and social scenarios influence product pricing, while company industry strengths and weaknesses shape success factors. STEM-driven industries, such as engineering and technology, require a future workforce skilled in robotics and programming. Educational institutions integrate these tools into their curriculum, offering educational software and online resources. System integrators and intermediaries employ strategic approaches to address pricing and accessibility challenges. Key strengths include hands-on learning experiences, online communities, and forums. Priorities and strategies include affordability, accessibility, and collaboration.
The report includes the adoption lifecycle of the market, from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on market penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their growth strategies.
Customer Landscape
The market research report provides comprehensive data (region wise segment analysis), with forecasts and estimates in "USD Million" for the period 2024 to 2028, as well as historical data from 2018 to 2023 for the following segments.
The market is a significant segment in the education technology industry. These toolkits are essential for imparting hands-on experience in robotics to students from elementary to high school levels. The market is growing due to the increasing focus on STEM (Science, Technology, Engineering, and Mathematics) education. The toolkits come with various components, including motors, sensors, batteries, and programming software. These tools enable students to design, build, and program robots, fostering creativity, problem-solving skills, and an interest in technology. The market is driven by factors such as the growing popularity of STEM education, the increasing availability of funding for educational technology, and the rising demand for skills in robotics and automation. The market is expected to continue its growth trajectory in the coming years, offering numerous opportunities for manufacturers and suppliers. In the market, companies vie for a competitive position, with products like Ace matrix offering innovative solutions for robotics education.
Market Scope |
|
Report Coverage |
Details |
Page number |
170 |
Base year |
2023 |
Historic period |
2018 - 2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 25.72% |
Market growth 2024-2028 |
USD 906.1 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
20.1 |
Regional analysis |
North America, Europe, APAC, South America, and Middle East and Africa |
Performing market contribution |
North America at 38% |
Key countries |
US, Germany, China, South Korea, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Amtek Co. Inc., ArcBotics LLC, Boxlight Corp, Digital Dream Labs, Eduscape, EZRobot Inc., India First Robotics Innovation and Research LLP, Innovation First International Inc., LEGO System AS, Makeblock Co. Ltd., Modular Robotics Inc., Ozo EDU Inc., Pitsco Inc, Robolink Inc., ROBOTIS Co. Ltd, RobotLAB Inc, Sony Group Corp., Sphero Inc., Valiant Technology Ltd., and Wonder Workshop Inc. |
Market dynamics |
Parent market analysis, market analysis and report, market growth and trends, market trends and analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, condition analysis for the market projection period. |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by School level
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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