Asia Pacific Educational Robot Market Size & Outlook
Asia Pacific educational robot market, 2018-2030 (US$M)
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Asia Pacific educational robot market highlights
- The Asia Pacific educational robot market generated a revenue of USD 308.1 million in 2023.
- The market is expected to grow at a CAGR of 26% from 2024 to 2030.
- In terms of segment, non-humanoid was the largest revenue generating product in 2023.
- Humanoid is the most lucrative product segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2024 to 2030.
Asia Pacific data book summary
| Market revenue in 2023 | USD 308.1 million |
| Market revenue in 2030 | USD 1,550.4 million |
| Growth rate | 26% (CAGR from 2023 to 2030) |
| Largest segment | Non-humanoid |
| Fastest growing segment | Humanoid |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Humanoid, Non-Humanoid |
| Key market players worldwide | The LEGO Group, SoftBank Group Corp, New Oriental Education & Technology Group Inc ADR, Sphero, Pal Robotics, Dobot, Aisoy Robotics, Blue Frog Robotics, Modular Robotics, Pitsco Education, Robotis, RM plc, Learning Resources, Educational Insights, Makeblock, Wonder Workshop, VEX Robotics, Thames & Kosmos, WowWee |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 26.1% of the global educational robot market in 2023.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 1,550.4 million by 2030.
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Educational Robot Market Scope
Educational Robot Market Companies
| Name | Profile | # Employees | HQ | Website |
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Asia Pacific educational robot market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to educational robot market will help companies and investors design strategic landscapes.
Non-humanoid was the largest segment with a revenue share of 57.51% in 2023. Horizon Databook has segmented the Asia Pacific educational robot market based on humanoid, non-humanoid covering the revenue growth of each sub-segment from 2018 to 2030.
Asia Pacific is estimated to observe a significant CAGR over the forecast period due to increasing investments from governments and Non-Government Organizations (NGOs) toward robotics. For instance, Robotex India is a non-profit organization that provides STEAM, Artificial Intelligence (AI), Machine Learning (ML), and IoT skills to students across the urban and rural parts of India.
The initiative has been supported by Digital India, NSDC, MSH, Ministry of IT & Electronics (Govt. of India), UNEP, FICCI FLO, European Union, and other national and international organizations. The awareness about the benefit of educational robot is increasing among educators, parents, and students in the region.
The demand for robots that can facilitate interactive and personalized learning experiences is rising, leading to the market's growth. The region is also known for its technological advancements, and this has facilitated the development and deployment of educational robot in the region, companies in countries.
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Our clientele includes a mix of educational robot market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific educational robot market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific educational robot market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific educational robot market size, by country, 2018-2030 (US$M)
Asia Pacific Educational Robot Market Outlook Share, 2023 & 2030 (US$M)
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