Asia Pacific Educational Robot Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type and Application

Asia Pacific Educational Robot Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type and Application

  • August 2021 •
  • 81 pages •
  • Report ID: 6134227 •
  • Format: PDF
The educational robot market in APAC is expected to grow from US$ 276.65 million in 2021 to US$ 1,109.30 million by 2028; it is estimated to register a CAGR of 21.9% from 2021 to 2028.

Educational robots are becoming increasingly intertwined with artificial intelligence and other advanced technologies. It is anticipated that robots will not only enhance teaching methods but will also offer advanced smart assistance to humans, which will be beneficial for countries with inadequate and expensive teaching facilities.

Asia Pacific is a highly dynamic region in terms of economic growth and positive education industry outlook.The region is also characterized by the presence of many countries, such as China, India, and other South Asian countries, where investments in the education sector, as well as in startups, is quite high.

The rising level of urbanization, high growth in population, and technology adoption in the education sector are among the key driving factors that make APAC an attractive market for the growth of the educational robotics market.In addition to huge population, the region has presence of a huge young and tech-savvy school and college going population.

These factors are complementing the demand for various types of technological solutions in the region.The ongoing COVID-19 pandemic that resulted in the closure of schools and other educational institutions in the region has negatively impacted the adoption rate of educational robots across the region.

The closure of manufacturing activities across China, a manufacturing hub of educational robots, has significantly impacted the market growth in the country.

The higher education segment led the educational robot market, based on application, in 2020.The major adopters of educational robots are universities and colleges.

Various humanoids and non-humanoids are developed with a specific discipline of education.Vendors are highly focused on the higher education segment to expand their market share.

Governments are also taking various initiatives to increase awareness of the benefits associated with educational robots.Humanoids are the most attracted robot type in the higher education segment.

Working with robots, students can better understand engineering and programming concepts. Génération Robots, for instance, offers a wide range of quality robots for higher educational purposes, which ultimately drives the educational robot market.

The overall APAC educational robot market size has been derived using both primary and secondary sources.To begin the research process, exhaustive secondary research has been conducted using internal and external sources to obtain qualitative and quantitative information related to the market.

The process also serves the purpose of obtaining overview and forecast for the APAC educational robot market with respect to all the segments pertaining to the region.Furthermore, multiple primary interviews have been conducted with industry participants and commentators to validate the data, as well as to gain more analytical insights into the topic.

The participants who typically take part in such a process include industry experts such as VPs, business development managers, market intelligence managers, and national sales managers along with external consultants such as valuation experts, research analysts, and key opinion leaders specializing in the APAC educational robot market. Hanson Robotics Limited; Lego System A/S; Life & Science, Inc; Robotis Co., Ltd.; Sanbot Innovation Technology., Ltd; and SoftBank Robotics Group Corp. are among a few players operating in the APAC educational robot market.
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