Wednesday, 14 February 2018

Reconfigurable Educational Robots Market Industry: Future Demand, Market Analysis & Outlook to 2022



Technavio recognizes the following companies as the key players in the global reconfigurable educational robots market: Cytron Technologies, LEGO, Makeblock, Modular Robotics, ROBOTICS, and Wonder Workshop.
Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is mobile applications support in robotic kits. As multiple educational institutions across the world have easy access to the Internet through smartphones and tablets, vendors are inclined toward offering products that are operated through smart devices. Technologies such as WiFi, have enabled remote robotic control with smart devices.
According to the report, one driver in the market is low cost of reconfigurable educational robots. With advanced education realized as a mandatory skill to compete in the future, reconfigurable educational robots are gaining traction in the market. With growing popularity of reconfigurable educational robots, vendors are continuously making efforts to increase the reachability of products by launching more affordable ranges of robots. The high cost of robots has been a detrimental factor to the concerned market growth in the past.
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Further, the report states that one challenge in the market is emergence of humanoid robots in education. Education supported with robots provides firsthand experience to the users to augment creativity and increase the ability to deal with challenging problems. The emergence of humanoid robots as not only a companion of the students in the schools but also a tool to learn simple to advanced level skills is anticipated to be a prominent challenge for the global reconfigurable educational robots market during the forecast period.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
About Reconfigurable Educational Robots
Reconfigurable educational robots are robots that can be configured physically into different form factors with minimal programming or by joining together various elements of the robot. The scope of the report includes reconfigurable educational robotic kits that are provided by vendors to be configured in various patterns.
Technavio’s analysts forecast the global reconfigurable educational robots market to grow at a CAGR of 24.23% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the global reconfigurable educational robots market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
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The market is divided into the following segments based on geography:
·         Americas
·         APAC
·         EMEA
Technavio's report, Global Reconfigurable Educational Robots Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
·         Cytron Technologies
·         LEGO
·         Makeblock
·         Modular Robotics
·         ROBOTICS
·         Wonder Workshop
·         Market driver
·         Low cost of reconfigurable educational robots
·         For a full, detailed list, view our report
Some points from TOC:-
Table of Contents
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: RESEARCH METHODOLOGY
PART 04: MARKET LANDSCAPE
• Market ecosystem
• Market characteristics
• Market segmentation analysis
PART 05: MARKET SIZING
• Market definition
• Market sizing 2017
• Market size and forecast 2017-2022
PART 06: FIVE FORCES ANALYSIS
• Bargaining power of buyers
• Bargaining power of suppliers
• Threat of new entrants
• Threat of substitutes
• Threat of rivalry
………
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