Asia Pacific Educational Robot Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Type (Humanoid and Non-Humanoid) and Application (Primary Education, Secondary Education, Higher Education, and Others)
Market Introduction
APAC is the fastest-growing educational robot market worldwide. The region is the biggest innovator in the consumer robot space. As the region’s most innovative robotics start-ups continue developing their products, they’re increasingly looking to expand globally. For instance, start-ups such as Makeblock have already indicated their global ambitions, and others are rapidly following. Further, in 2017, Tencent Holdings, a Chinese internet giant, has led a US$ 41 Mn funding round for Wonder Workshop, US educational robot company, as it looks for expansion in the APAC region owing to the growing demand for STEM education. The company has partnered with MindWorks Ventures as well as an education publishing company Classroom to expand its presence in Hong Kong. The company’s products are already employed in over 150 primary and secondary schools in Hong Kong. Also, Australia's national school curriculum mandates students to experiment with simple, programmable devices such as robots after three years of primary school. Furthermore, the government of Singapore is investing in a robot known as “KIBO,” which enable young kids to program robots to execute different tasks. This is a part of the government’s introduction of screen-free robots that assist children in preparing for STEM subjects at school, which also included BeeBot, a small educational robot.
Asia Pacific (APAC) is a highly dynamic region in terms of economic growth as well as positive education industry outlook. The region is also characterized by the presence of many developing countries such as China, India, and many South Asian countries where investments in education sector as well as in startups is quite high. The rising level of urbanization, high population growth, and technology adoption in education sector are some of the key driving factors which makes APAC an attractive market for the future growth of educational robotics market. APAC is home to around 60% of world population that includes the two most populous countries of the world, China and India. In addition to the huge population, the region also has presence of huge young and tech savvy school and college going population. All these factors are complementing the demand of various types of technological solutions in the region. The ongoing COVID-19 outbreak and closure of schools and other educational institutions in the region has negatively impacted the growth of the educational robot adoption across the region. Moreover, China is the manufacturing hub of educational robots, the closure of all manufacturing activities across the country have significantly impacted the growth of the market.
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Market Overview and Dynamics
The educational robot market in APAC is expected to grow from US$ 276.65 million in 2021 to US$ 1,109.30 million by 2028; it is estimated to grow at a CAGR of 21.9% from 2021 to 2028. Increasing focus towards STEM education, Various educational institutes are showing focus on the improvement in teaching STEM (Science, Technology, Engineering, and Mathematics) disciplines. STEM helps to learn these specific disciplines of Interdisciplinary learning. Educational robots help to improve the teaching methods for STEM disciplines. Educational robots have high computing power and help to deliver STEM lessons to modern education. It helps to learn naturally and adopt the principle of computational thinking. Moreover, the DIY kits are boon for the educational robot markets. It enables to design and program and enhances the problem learning skills among STEM students. Schools and colleges are including a various robotic curriculum to enhance the problem-solving skills among students. Moreover, various government initiatives and programs are encouraging schools and universities to adopt robotic based learning. All these factors are expected to significantly drive the APAC educational robot market during the forecast period. This is bolstering the growth of the educational robot market.
Key Market Segments
In terms of type, the non-humanoid segment accounted for the largest share of the APAC educational robot market in 2020. In terms of application, the higher education segment held a larger market share of the educational robot market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the educational robot market in APAC are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report Hanson Robotics Limited; Lego System A/S; Life & Science, Inc; Robotis Co., Ltd.; Sanbot Innovation Technology., Ltd; SoftBank Robotics Group Corp.; among others.
Reasons to buy report
- To understand the APAC educational robot market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC educational robot market
- Efficiently plan M&A and partnership deals in APAC educational robot market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC educational robot market
- Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region.
APACEDUCATIONAL ROBOT MARKET SEGMENTATION
By Type
- Humanoid
- Non-Humanoid
By Application
- Primary Education
- Secondary Education
- Higher Education
- Others
By Country
- Australia
- China
- India
- Japan
- South Korea
- Indonesia
- Malaysia
- Singapore
- Rest of APAC
Company Profiles
- Hanson Robotics Limited
- Lego System A/S
- Life & Science, Inc
- Robotis Co., Ltd.
- Sanbot Innovation Technology., Ltd
- SoftBank Robotics Group Corp.
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 APAC Educational Robot Market – By Type
1.3.2 APAC Educational Robot Market – By Application
1.3.3 APAC Educational Robot Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. APAC Educational Robot Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 Asia Pacific PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion
5. APAC Educational Robot Market – Key Market Dynamics
5.1 Key Market Drivers
5.1.1 Increasing Focus Towards STEM Education
5.1.2 Use of Robots for Autism
5.2 Key Market Restraints
5.2.1 High Capital Required for Research & Development of Robots
5.3 Key Market Opportunities
5.3.1 Increasing Demand for Robots for Learning Language
5.4 Future Trends
5.4.1 Integration of Artificial Intelligence
5.5 Impact Analysis of Drivers and Restraints
6. Educational Robot Market – APAC Market Analysis
6.1 APAC Educational Robot Market Forecast And Analysis
7. APAC Educational Robot Market – By Type
7.1 Overview
7.2 APAC Educational Robot Market Breakdown, By Type, 2020 & 2028
7.3 Humanoid
7.3.1 Overview
7.3.2 APAC Humanoid Educational Robot Market Revenue and Forecasts to 2028 (US$ Mn)
7.4 Non-Humanoid
7.4.1 Overview
7.4.2 APAC Non-Humanoid Educational Robot Market Revenue and Forecasts to 2028 (US$ Mn)
8. APAC Educational Robot Market – By Application
8.1 Overview
8.2 APAC Educational Robot Market Breakdown, By Application, 2020 & 2028
8.3 Primary Education
8.3.1 Overview
8.3.2 APAC Primary Education Market Revenue and Forecasts to 2028 (US$ Mn)
8.4 Secondary Education
8.4.1 Overview
8.4.2 APAC Secondary Education Market Revenue and Forecasts to 2028 (US$ Mn)
8.5 Higher Education
8.5.1 Overview
8.5.2 Higher Education Market Revenue and Forecasts to 2028 (US$ Mn)
8.6 Others
8.6.1 Overview
8.6.2 APAC Others Market Revenue and Forecasts to 2028 (US$ Mn)
9. APAC Educational Robot Market – Country Analysis
9.1 Overview
9.1.1 APAC Educational Robot Market Revenue And Forecast to 2028 (US$ Mn)
9.1.2 APAC Educational Robot Market Breakdown, By Country
9.1.2.1 China Educational Robot Market Revenue and Forecast to 2028 (US$ Mn)
9.1.2.1.1 China Educational Robot Market Breakdown, By Type
9.1.2.1.2 China Educational Robot Market Breakdown, By Application
9.1.2.2 Japan Educational Robot Market Revenue and Forecast to 2028 (US$ Mn)
9.1.2.2.1 Japan Educational Robot Market Breakdown, By Type
9.1.2.2.2 Japan Educational Robot Market Breakdown, By Application
9.1.2.3 India Educational Robot Market Revenue and Forecast to 2028 (US$ Mn)
9.1.2.3.1 India Educational Robot Market Breakdown, By Type
9.1.2.3.2 India Educational Robot Market Breakdown, By Application
9.1.2.4 South Korea Educational Robot Market Revenue and Forecast to 2028 (US$ Mn)
9.1.2.4.1 South Korea Educational Robot Market Breakdown, By Type
9.1.2.4.2 South Korea Educational Robot Market Breakdown, By Application
9.1.2.5 Australia Educational Robot Market Revenue and Forecast to 2028 (US$ Mn)
9.1.2.5.1 Australia Educational Robot Market Breakdown, By Type
9.1.2.5.2 Australia Educational Robot Market Breakdown, By Application
9.1.2.6 Indonesia Educational Robot Market Revenue and Forecast to 2028 (US$ Mn)
9.1.2.6.1 Indonesia Educational Robot Market Breakdown, By Type
9.1.2.6.2 Indonesia Educational Robot Market Breakdown, By Application
9.1.2.7 Malaysia Educational Robot Market Revenue and Forecast to 2028 (US$ Mn)
9.1.2.7.1 Malaysia Educational Robot Market Breakdown, By Type
9.1.2.7.2 Malaysia Educational Robot Market Breakdown, By Application
9.1.2.8 Singapore Educational Robot Market Revenue and Forecast to 2028 (US$ Mn)
9.1.2.8.1 Singapore Educational Robot Market Breakdown, By Type
9.1.2.8.2 Singapore Educational Robot Market Breakdown, By Application
9.1.2.9 Rest of APAC Educational Robot Market Revenue and Forecast to 2028 (US$ Mn)
9.1.2.9.1 Rest of APAC Educational Robot Market Breakdown, By Type
9.1.2.9.2 Rest of APAC Educational Robot Market Breakdown, By Application
10. APAC Educational Robot Market- COVID-19 Impact Analysis
10.1 Overview
10.2 Asia-Pacific
11. APAC Educational Robot Market - Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 New Product Development
11.4 Merger and Acquisition
12. Company Profiles
12.1 Hanson Robotics Limited
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Sanbot Innovation Technology., Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Life & Science, Inc.
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Robotis Co., Ltd.
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 SoftBank Robotics Group Corp.
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Lego System A/S
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. APAC Educational Robot market, Revenue and Forecast, 2019–2028 (US$ Mn)
Table 2. China Educational Robot Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 3. China Educational Robot Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 4. Japan Educational Robot Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 5. Japan Educational Robot Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 6. India Educational Robot Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 7. India Educational Robot Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 8. South Korea Educational Robot Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 9. South Korea Educational Robot Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 10. Australia Educational Robot Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 11. Australia Educational Robot Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 12. Indonesia Educational Robot Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 13. Indonesia Educational Robot Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 14. Malaysia Educational Robot Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 15. Malaysia Educational Robot Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 16. Singapore Educational Robot Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 17. Singapore Educational Robot Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 18. Rest of APAC Educational Robot Market Revenue and Forecast to 2028 – By Type (US$ Mn)
Table 19. Rest of APAC Educational Robot Market Revenue and Forecast to 2028 – By Application (US$ Mn)
Table 20. Glossary of Terms, educational robot Market
LIST OF FIGURES
Figure 1. APAC Educational Robot Market Segmentation
Figure 2. APAC Educational Robot Market Segmentation - Country
Figure 3. APAC Educational Robot Market Overview
Figure 4. APAC Educational Robot Market, By Type
Figure 5. APAC Educational Robot Market, By Application
Figure 6. APAC Educational Robot Market, By Country
Figure 7. Asia Pacific PEST Analysis
Figure 8. Educational robot market Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. APAC Educational Robot Market Impact Analysis of Drivers and Restraints
Figure 11. APAC Educational Robot Market, Forecast And Analysis (US$ Mn)
Figure 12. APAC Educational Robot Market Breakdown, By Type, 2020 & 2028 (%)
Figure 13. APAC Humanoid Educational Robot Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 14. APAC Non-Humanoid Educational Robot Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 15. APAC Educational Robot Market Breakdown, By Application, 2020 & 2028 (%)
Figure 16. APAC Primary Education Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 17. APAC Secondary Education Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 18. APAC Higher Education Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 19. APAC Others Market Revenue and Forecasts to 2028 (US$ Mn)
Figure 20. APAC Educational Robot Market Revenue by Country to 2028 (US$ Mn)
Figure 21. APAC Educational Robot Market Breakdown, By Country, 2020 & 2028(%)
Figure 22. China Educational Robot Market Revenue And Forecast to 2028 (US$ Mn)
Figure 23. Japan Educational Robot Market Revenue And Forecast to 2028 (US$ Mn)
Figure 24. India Educational Robot Market Revenue And Forecast to 2028 (US$ Mn)
Figure 25. South Korea Educational Robot Market Revenue And Forecast to 2028 (US$ Mn)
Figure 26. Australia Educational Robot Market Revenue And Forecast to 2028 (US$ Mn)
Figure 27. Indonesia Educational Robot Market Revenue And Forecast to 2028 (US$ Mn)
Figure 28. Malaysia Educational Robot Market Revenue And Forecast to 2028 (US$ Mn)
Figure 29. Singapore Educational Robot Market Revenue And Forecast to 2028 (US$ Mn)
Figure 30. Rest Of APAC Educational Robot Market Revenue And Forecast to 2028 (US$ Mn)
Figure 31. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
- Hanson Robotics Limited
- Lego System A/S
- Life & Science, Inc
- Robotis Co., Ltd.
- Sanbot Innovation Technology., Ltd
- SoftBank Robotics Group Corp.
- To understand the APAC educational robot market landscape and identify market segments that are most likely to guarantee a strong return
- Stay ahead of the race by comprehending the ever-changing competitive landscape for APAC educational robot market
- Efficiently plan M&A and partnership deals in APAC educational robot market by identifying market segments with the most promising probable sales
- Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form APAC educational robot market
- Obtain market revenue forecast for market by various segments from 2021-2028 in APAC region.