1. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Educational Robot Market: Key Technologies and Trends

2. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  Major factors concerning the educational robot market are high initial cost & high-power consumption. The robots consume a high amount of power to charge & function, which will increase the overall consumption of power of when robots are implemented in schools. The implementation of these products in schools and colleges will increase the rate of unemployment in the educational industry. Additionally, the lack of personal engagement is a concerning factor as traditional human educators are capable of offering personal guidance to students. These systems are programmed using algorithms, making the teaching style inflexible as compared to human teachers. Additionally, robots include expensive components, which will increase the overall product price. Maintenance and upgrades of these products require skilled technicians and high investments. The developments in the field of AI & robotics will support in overcoming some challenges in the educational robot market.  Increasing expenditure in educational R&D activities and the popularity of these systems as a learning tool will drive the educational robot market growth. These activities will support the development of innovative and affordable products, which will suffice the growing demand. The implementation of artificial intelligence technologies in new robotic products is an emerging trend in the educational robot market. Key Insights from Educational Robot Market :

3. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Continued… In the educational robot market, hardware components are expected to gain high traction owing to their implementation in various robotic systems such as technological, vocational, literature, etc. These components are essential functioning parts, which will aid robots in performing activities such as movement and analysis. The hardware components have gained popularity across the globe due to their efficient human motion detection features with the help of cameras and sensors. Additionally, the use of LiDAR, and RADAR solutions aid robotic systems in functions such as facial, gesture, and object recognition. The microphone is utilized for voice and command recognition feature. These features provided by hardware components are leading to rapid development in the educational robot market demand. The applications of these products in the K-12 schools are adding up to educational robot market growth. Interactive capabilities of the robots are gaining popularity among students and promoting their high utilization in schools and colleges. Several schools are switching toward robotic products due to the appealing communication features, creating a high attraction among the students and building up their interest in these study techniques. The robotic systems are programmed to perform certain tasks repetitively, which will promote their utilization in schools and college for evaluation & examination tasks. These features will reduce human errors and enhance operational performance, further supporting industry expansion.

4. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Latest Research Report On Educational Robot Market @ https://www.gminsights.com/industry-analysis/educational-robot-market https://www.gminsights.com/industry-analysis/educational-robot-market Request for an in-depth table of contents for this report @ https://www.gminsights.com/industry-analysis/educational-robot-market https://www.gminsights.com/industry-analysis/educational-robot-market

5. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Wonder Workshop Inc. Ozobot & Evollve Inc. Makeblock Co. Ltd. Hanson Robotics Ltd. Robotis Sphero Lego Mindstorm NXT Pitsco Inc. Robothink Major Companies in Educational Robot Market:

6. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Market research reports: Key analytical components

7. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com  North America is expected to grow rapidly in the educational robot market over the forecast time span owing to the early adoption of technically advanced products in the education industry. The U.S. government has made huge investments for educational development, which will support the adoption of technically advanced devices such as robots, digital boards, etc. Several emerging startups & major players in the market operate from the Asia Pacific region. Increasing R&D activities and innovations in this region are expected to fuel industry growth. The developing economies including China and India are investing heavily in the education sector leading to the educational robot market expansion. For Instance, in July 2018, LG Electronics announced its investment in Robotis, a South Korean company specializing in the production of educational robot systems. Regional Insights in Educational Robot Market:

8. © 2016 Global Market Insights, Inc. USA. All Rights Reserved www.gminsights.com Stay In Touch Website: www.gminsights.comwww.gminsights.com Social Media: