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(Wireless-NewsWire.Com, July 22, 2024 ) Asia Pacific region is expected to grow rapidly during the forecast period 2024-2030.Significant investments from both sectors are boosting the growth of the educational robot market. A non-profit organisation focused on educating children in both urban and rural areas of India about robotics and related technologies covers technological areas such as Robotics, Artificial Intelligence (AI), STEAM (Science, Technology, Engineering, Arts, Mathematics), Internet of Things (IoT), and Machine Learning (ML). Both domestic and international organizations support educational robot. Domestic organizations include Digital India, MSH (Makers’ Space Hub), NSDC (National Skill Development Corporation) and Ministry of IT & Electronics. While, International organizations such as UNEP (United Nations Environment Programme), European Union, FICCI FLO.
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The combination of substantial investments from various governmental and non-governmental bodies, along with initiatives like Robotex India, is creating a conducive environment for the growth of the educational robot market in the Asia Pacific region. This growth is driven by increased technical awareness and skill development in emerging technologies among students.
Educational Robot Market Segmentation
By Type:
Service Robots
Industrial Robots
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By Component:
Hardware
Software
By Education Level:
Elementary and High School
Education
Higher Education
Special Education
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Educational Robot Market’s Key Players include:
ABB (Switzerland)
FANUC (Japan)
YASKAWA (Japan)
KUKA (Germany)
Universal Robots (Denmark)
Softbank Robotics Group (Japan)
Hanson Robotics (China)
Maximize Market Research is leading Information Technology and Telecommunication research firm, has also published the following reports:
Medical Robotics Market size was valued at USD 11.51 Billion in 2023 and expected to reach USD 52.10 Billion by 2030, at a CAGR of 24.07%
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