Market revenue in 2023 | USD 360.4 million |
Market revenue in 2030 | USD 1,576.6 million |
Growth rate | 23.5% (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 |
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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 57.82% in 2023. Horizon Databook has segmented the U.S. educational robot market based on humanoid, non-humanoid covering the revenue growth of each sub-segment from 2018 to 2030.
The U.S. has been placing increasing importance on STEM education to prepare students for careers in science, technology, engineering, and mathematics. Educational robots provide a practical and engaging way to teach these subjects and develop essential skills like problem-solving, critical thinking, and collaboration.
Various federal programs, such as Every Student Succeeds Act and the National Robotics Initiative, allocate funding and resources to integrate robotics and technology in classrooms. Educational robot has become more accessible and affordable, allowing a more comprehensive range of schools and educational institutions to incorporate them into their programs.
As automation and robotics play an expanding role in various industries, there is a growing recognition of the importance of equipping students with the skills needed for the future job market. Educational robot helps students develop the technical expertise and problem-solving abilities necessary for careers in robotics, engineering, and related fields.
Horizon Databook provides a detailed overview of country-level data and insights on the U.S. educational robot market , including forecasts for subscribers. This country databook contains high-level insights into U.S. educational robot market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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