India Educational Robot Market Size & Outlook, 2023-2030
India educational robot market, 2018-2030 (US$M)
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India educational robot market highlights
- The India educational robot market generated a revenue of USD 32.0 million in 2023 and is expected to reach USD 179.8 million by 2030.
- The India market is expected to grow at a CAGR of 28% 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.
Educational robot market data book summary
| Market revenue in 2023 | USD 32.0 million |
| Market revenue in 2030 | USD 179.8 million |
| Growth rate | 28% (CAGR from 2023 to 2030) |
| Largest segment | Non-humanoid |
| Fastest growing segment | Humanoid |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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, India accounted for 2.7% of the global educational robot market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China educational robot market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 179.8 million by 2030.
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Educational Robot Market Scope
Educational Robot Market Companies
| Name | Profile | # Employees | HQ | Website |
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India 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 59.06% in 2023. Horizon Databook has segmented the India educational robot market based on humanoid, non-humanoid covering the revenue growth of each sub-segment from 2018 to 2030.
India has seen significant growth in the adoption and use of educational robot. The educational robot’s market in India has been driven by various factors, including the government's focus on digital education, innovative teaching methods, and the rising demand for STEM education.
The Indian government has launched several initiatives to promote digital learning and technology integration in education. For example, the Digital India campaign and the National Education Policy (NEP) 2020 emphasize the importance of technology-enabled learning and using robotics and artificial intelligence in education.
Furthermore, there is an increasing recognition of the importance of STEM education in India. Robotics and coding are recognized as essential skills for the future workforce, and educational robot provide a hands-on and interactive way for students to learn these skills. As a result, many schools, educational institutions, and coaching centers in India are incorporating educational robot into their curriculum.
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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 country-level data and insights on the India educational robot market , including forecasts for subscribers. This country databook contains high-level insights into India educational robot market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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India educational robot market size, by product, 2018-2030 (US$M)
India Educational Robot Market Outlook Share, 2023 & 2030 (US$M)
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