Europe’s Educational Robot Market is Expected to Grow at a CAGR of over 20.7% During 2021-2028 – ResearchAndMarkets.com | Business

DUBLIN–(BUSINESS WIRE)–Mar 23, 2022–

The “Europe Educational Robot Market Forecast to 2028 – COVID-19 Impact and Regional Analysis By Type (Humanoid and Non-Humanoid) and Application (Primary Education, Secondary Education, Higher Education, and Others)” report has been added to ResearchAndMarkets.com‘s offering.

Higher Education Segment to Dominate Europe Educational Robot Market during 2020-2028.

According to a new market research study on “Europe Educational Robot Market to 2028 – COVID-19 Impact and Regional Analysis and Forecast by Type and Application,” is expected to reach US$ 927.73 million by 2028 from US$ 248.12 million in 2021. The market is estimated to grow at a CAGR of 20.7% from 2021 to 2028. The report provides trends prevailing in the Europe educational robot market along with the drivers and restraints pertaining to the market growth. Use of robots for autism is the major factor driving the growth of the Europe educational robot market. However, the huge capital required for research & development of robots hinder the growth of the Europe educational robot market.

Europe is one of the key regions for the growth of the educational robot market with the presence of many developed countries such as Germany, UK, France, Italy, Norway, and Sweden, where education spending is quite high in comparison to other regions coupled with high investments in robotic startups. Also, the high adoption of advanced technology solutions in various industries makes this region an ideal market for the growth of educational robot market. All these countries are characterized by the presence of large number of companies, especially in the education technology sector. Presently, Russia, UK, Spain, Italy, Germany, Turkey, and France are some of the major countries that are affected in a negative manner due to COVID-19 outbreak. Due to COVID-19 outbreak, the governments in various European countries have imposed lockdowns/movement restrictions and closed the educational institutions to contain the outbreak. This is expected to negatively impact the demand for educational robots from these institutions. Moreover, the rapid spread of the covid-19 infection has also disrupted the supply chain of the market thereby negatively impacting the growth of the market.

The market for educational robot market is segmented into type, application, and country. Based on type, the educational robot market is segmented into humanoid and non-humanoid. In 2020, the non-humanoid segment held the largest share Europe educational robot market. Based on application the educational robot market is categorized into primary education and secondary education, higher education and others In 2020, the higher education segment held the largest share Europe educational robot market. Based on the country the educational robot market is categorized into Germany, France, Italy, UK, Russia, Rest of Europe.

Aisoy Robotics; Lego System A/S; PAL Robotics; Sanbot Innovation Technology. Ltd; SoftBank Robotics Group Corp. are among the leading companies in the Europe educational robot market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance, in 2016 Aisoy Robotics announced its joint venture with UMH Researchers to further expand its competencies of their robot-assistant for treating children suffering from autism spectrum disorder (ASD).

Key Topics Covered:

1. Introduction

1.1 Scope of the Study

1.2 Research Report Guidance

1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage

3.2 Secondary Research

3.3 Primary Research

4. Europe Educational Robot Market Landscape

4.1 Market Overview

4.2 PEST Analysis

4.2.1 Europe – PEST Analysis

4.3 Ecosystem Analysis

4.4 Expert Opinion

5. Europe Educational Robot Market – Key Market Dynamics

5.1 Key Market Drivers

5.1.1 Growing Focus Towards STEM Education

5.1.2 Use of Robots for Autism

5.2 Key Market Restraints

5.2.1 Huge Capital Required for Research & Development of Robots

5.3 Key Market Opportunities

5.3.1 Rising Demand for Robots for Learning Language

5.4 Future Trends

5.4.1 Combination of Artificial Intelligence

5.5 Impact Analysis of Drivers and Restraints

6. Educational Robot Market – Europe Market Analysis

6.1 Europe Educational Robot Market Forecast And Analysis

7. Europe Educational Robot Market – By Type

7.1 Overview

7.2 Europe Educational Robot Market Breakdown, By Type, 2020 & 2028

7.3 Humanoid

7.4 Non-Humanoid

8. Europe Educational Robot Market – By Application

8.1 Overview

8.2 Europe Educational Robot Market Breakdown, By Application, 2020 & 2028

8.3 Primary Education

8.4 Secondary Education

8.5 Higher Education

8.6 Others

9. Europe Educational Robot Market – Country Analysis

9.1 Overview

9.1.1 Europe Educational Robot Market Revenue And Forecast to 2028 (US$ Mn)

9.1.2 Europe Educational Robot Market Breakdown, By Country

10. Europe Educational Robot Market – COVID-19 Impact Analysis

10.1 Overview

10.2 Europe

11. Educational Robot Market – Industry Landscape

11.1 Overview

11.2 Market Initiative

11.3 New Product Development

11.4 Merger and Acquisition

12. Company Profiles

13. Appendix

Companies Mentioned

  • Aisoy Robotics
  • Lego System A/S
  • PAL Robotics
  • Sanbot Innovation Technology., Ltd
  • SoftBank Robotics Group Corp.

For more information about this report visit https://www.researchandmarkets.com/r/rtdsc1

View source version on businesswire.com:https://www.businesswire.com/news/home/20220323005464/en/

CONTACT: ResearchAndMarkets.com

Laura Wood, Senior Press Manager

[email protected]

For E.S.T Office Hours Call 1-917-300-0470

For U.S./CAN Toll Free Call 1-800-526-8630

For GMT Office Hours Call +353-1-416-8900

KEYWORD: EUROPE

INDUSTRY KEYWORD: EDUCATION TECHNOLOGY OTHER EDUCATION OTHER TECHNOLOGY

SOURCE: Research and Markets

Copyright Business Wire 2022.

PUB: 03/23/2022 05:19 AM/DISC: 03/23/2022 05:19 AM

http://www.businesswire.com/news/home/20220323005464/en

Recent Stories You Might Have Missed

https://tylerpaper.com/ap/business/europes-educational-robot-market-is-expected-to-grow-at-a-cagr-of-over-20-7/article_d154fc81-cd81-586e-806c-f9673a9e6895.html

Previous post Encore Electric: Blazing the Way into the Future of Construction Technology
Next post SYBRIDGE TECHNOLOGIES ACQUIRES ADVANTAGE ENGINEERING INC.