Sep 11, 2023

News provided by Share this article Share toX NEW YORK, Sept. 11, 2023 /PRNewswire/ -- The  K-12 robotic toolkits market size is expected to grow by USD 496.9 million from 2022 to 2027, progressing at a CAGR of 19.02% as per the latest Technavio market research report. The report has been segmented by type (Science, Technology, Engineering, Mathematics, and Others) and geography (North America, Europe, APAC, South America, and Middle East and Africa). Product premiumization due to technological advances is notably driving market growth. The K-12 robotic toolkits market is witnessing a surge in market competition, driven by technological strides and evolving customer preferences. These shifts are propelled by intensified research and development efforts spanning technology, performance, features, and inventive design. The outcome is an array of products capable of accomplishing diverse tasks with constrained resources. Additionally, the uptick in consumer disposable income has spurred a heightened demand for advanced educational products and services, fueling the market for K-12 robotic toolkits. Furthermore, vendors are channeling investments to enhance both the aesthetic allure and operational efficacy of K-12 robotic toolkits. For instance, RobotLAB's NAO boasts 20 pre-installed languages, bolstering its interactive speech recognition system. Such augmentations guide premium models that exhibit expanded applications in nurturing children's skill development, ultimately fostering further market expansion during the forecast period. Discover insights on market size before buying the full report-  Download the sample report K-12 Robotic Toolkits Market: Segment Overview This market research report segments the K-12 robotic toolkits market by type (Science, Technology, Engineering, Mathematics, and Others) and geography (North America, Europe, APAC, South America, and Middle East and Africa). The market share growth by the science segment will be significant during the forecast period. K-12 robotic toolkits amplify this educational paradigm by empowering students to conceptualize, construct, and program robots that contribute to devising solutions, addressing challenges, and comprehending scientific principles. This approach captivates student interest through its interactive and immersive nature, thereby fostering a deeper grasp of scientific concepts. Furthermore, this segment serves as a conduit for integrating advanced technology and robotics into education, ushering in a more dynamic and participatory approach to teaching science. It facilitates the exploration of real-world applications and cultivates practical proficiencies essential within the STEM sector and relevant professions. Consequently, these multifaceted advantages are set to propel the growth of this market segment throughout the forecast period. Geography Overview: North America is estimated to contribute 39% to the growth of the global market during the forecast period. For now, get a snapshot of the comprehensive report  Download Sample Recent trends influencing the market The growing demand for international schools is a key trend in the market. Major challenges hindering the market growth The high cost of advanced robotic toolkits is challenging market growth. Historic Market size Company landscape and analysis including Amtek Co. Inc., ArcBotics LLC, Boxlight Corp, Digital Dream Labs, Eduscape, Evollve Inc., EZRobot Inc., India First Robotics Innovation and Research LLP, Innovation First International Inc., LEGO System AS, Makeblock Co. Ltd., Modular Robotics Inc., Pitsco Inc, Robolink Inc., ROBOTIS Co. Ltd, RobotLAB Inc, Sony Group Corp., Sphero Inc., Valiant Technology Ltd., and Wonder Workshop Inc. Access for a trial today and gain instant access to 17,000+ market research reports  Technavio's SUBSCRIPTION platform Related Reports: The robotic lawn mower market is estimated to grow by USD 1069.21 million between 2022 and 2027 accelerating at a CAGR of 15.73%. This report extensively covers market segmentation by end-user (residential and commercial), distributional channel (offline and online), and geography (APAC, North America, Europe, Middle East and Africa, and South America). The increasing demand from the commercial segment is notably driving the robotic lawn mower market growth. The  robotic laser cutting market  share is expected to increase by USD 127.47 million from 2021 to 2026, and the market's growth momentum will accelerate at a CAGR of 14.61%. This report extensively covers market segmentation by end-user (automotive Industry, metal Industry, Aerospace Industry, and others) and Geography (APAC, Europe, North America, South America, and Middle East and Africa). The increased productivity with improved laser technology is one of the key drivers supporting the market growth. K-12 Robotic Toolkits Market Scope Report Coverage Market growth 2023-2027 Performing market contribution Competitive landscape Key companies profiled Amtek Co. Inc., ArcBotics LLC, Boxlight Corp, Digital Dream Labs, Eduscape, Evollve Inc., EZRobot Inc., India First Robotics Innovation and Research LLP, Innovation First International Inc., LEGO System AS, Makeblock Co. Ltd., Modular Robotics Inc., Pitsco Inc, Robolink Inc., ROBOTIS Co. Ltd, RobotLAB Inc, Sony Group Corp., Sphero Inc., Valiant Technology Ltd., and Wonder Workshop Inc. Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period. Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Table of contents 7 Market Segmentation by Geography 8 Customer Landscape 11 Vendor Landscape About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts UK: +44 203 893 3200 Also from this source Enter Your Email By signing up you agree to receive content from us. Our newsletters contain tracking pixels to help us deliver unique content based on each subscriber's engagement and interests. For more information on how we will use your data to ensure we send you relevant content please visit our  PRN Consumer Newsletter Privacy Notice . You can withdraw your consent at any time in the footer of every email you'll receive.Mit Ihrer Anmeldung erklären Sie sich damit einverstanden, Inhalte von uns zu erhalten. Unsere Newsletter enthalten Zählpixel, die die Lieferung einzigartiger Inhalte in Bezug auf das Abonnement und die Interessen der einzelnen Abonnenten ermöglichen. 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