LEGO, MODULAR ROBOTICS, AND HANSON ROBOTICS - NOTABLE MARKET PLAYERS IN EDUCATIONAL ROBOT INDUSTRY

The global educational robot market is anticipated to exhibit impressive growth during the forecast period of 2019 to 2027. Educational robots enable the learning environment with the use of robotic as well as electronic components; such an enhanced environment boosts the development of competencies and skills of children worldwide.

Get Sample PDF Brochure @ http://bit.ly/36rFvlT

These robots primarily work on the science, technology, engineering, art, and mathematics (STEAM) disciplines, including subareas such as geography, history, and linguistics. Educational robots also allow students of all ages to gain knowledge about programming and robotics, along with acquiring additional cognitive skills.

As per the European Commission, there will be 825,000 unfilled jobs in Europe by 2020 owing to the scarcity of ICT and computer science professionals. The secondary and higher education systems should include more advanced educational robots to assist the students in developing their knowledge of programming and robotics. Moreover, the humanoid robots that gather the attention of students, these robots are well-programmed to teach different subjects in classrooms. The advancements in technology have led to the increased acceptance of educational robots, which integrate AI and analytics. Some of the well-known educational robots available globally are Makeblock mBot, Robo Wunderkind, OWI 535, LEGO Mindstorms EV3, NAO, Sophie, and Little Sophie. The educational robot market has been actively growing in terms of volume and revenue in recent years.

Several industries are also concentrating on bringing advancements in their educational robots. The local and federal governments are imposing mandatory regulations and compliances for the development of educational robots globally. Several companies providing educational robots are coming up with advanced and efficient software and solutions. The growth of advanced technological robots is expected to furnish the revenue generation stream of the educational robot market. The major companies working on the development of educational robots include Aisoy Robotics, Hanson Robotics, Lego Group, Modular Robotics, Pal Robotics, Probotics America, Qihan Technology Co., Robothink, Robotis, and Softbank Robotics, among others.