The Latin America, Middle East and Africa Educational Robots Market is expected to witness market growth of 16.1% CAGR during the forecast period (2021-2027).
An educational robot refers to a learning tool or machine that assists students in developing new skills through various innovative methods. The educational robot uses real life based educational imitations to ease up the process of learning skills for every age group. It provides STEAM (science, technology, engineering, arts, and mathematics) along with linguistic, history, computer programming and, geography, based content. These robots keep the children engaged in studying with the use of advanced features like voice control, gestures, and advanced mechanics and keep them educated and entertained.
The demand for educational robots is constantly growing in the region. Brazil has already used educational robots to educate undergraduate students successfully. The increasing population and rapid pace of industrialization is expected to augment the growth of the regional educational robots market over the forecast period.
Also, the disability rate of the kids in this region is constantly increasing, which makes it important for the nation to strengthen it’s the educational infrastructure. In addition, the growing disability rate of children in Africa is expected to immensely surge the demand for educational robots to enhance and facilitate the process of engaging these children in advanced simulation-based learning technology, which is expected to spur the growth of the educational robots market in this region.
The Brazil market dominated the LAMEA Educational Robots Market by Country in 2020, and is expected to continue to be a dominant market till 2027; thereby, achieving a market value of $77.2 Million by 2027. The Argentina market is poised to grow at a CAGR of 17.1% during (2021 - 2027). Additionally, The UAE market is expected to expect a CAGR of 15.5% during (2021 - 2027).
Based on Application, the market is segmented into Higher Education, Secondary Education, Primary Education, and Others Applications. Based on Product type, the market is segmented into Non-Humanoid and Humanoid. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, FANUC Corporation, Yaskawa Electric Corporation, SoftBank Group Corporation (SoftBank Robotics), Teradyne, Inc. (Universal Robots), Techman Robot, Inc. (Quanta Storage, Inc.), Seiko Epson Corporation, Hanson Robotics Limited, SZ DJI Technology Co., Ltd. (iFlight Technology Company Limited), and Kuka AG.
Scope of the Study
Market Segments Covered in the Report:
By Application
- Higher Education
- Secondary Education
- Primary Education
- Others Applications
By Product Type
- Non-Humanoid
- Humanoid
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- ABB Group
- FANUC Corporation
- Yaskawa Electric Corporation
- SoftBank Group Corporation (SoftBank Robotics)
- Teradyne, Inc. (Universal Robots)
- Techman Robot, Inc. (Quanta Storage, Inc.)
- Seiko Epson Corporation
- Hanson Robotics Limited
- SZ DJI Technology Co., Ltd. (iFlight Technology Company Limited)
- Kuka AG
Unique Offerings from the Publisher
- Exhaustive coverage
- The highest number of market tables and figures
- Subscription-based model available
- Guaranteed best price
- Assured post sales research support with 10% customization free
Table of Contents
Companies Mentioned
- ABB Group
- FANUC Corporation
- Yaskawa Electric Corporation
- SoftBank Group Corporation (SoftBank Robotics)
- Teradyne, Inc. (Universal Robots)
- Techman Robot, Inc. (Quanta Storage, Inc.)
- Seiko Epson Corporation
- Hanson Robotics Limited
- SZ DJI Technology Co., Ltd. (iFlight Technology Company Limited)
- Kuka AG
Methodology
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