K-12 Robotic Toolkits Market Report Overview
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The global K-12 robotic toolkits market size was USD 352.1 million in 2021 and is expected to reach USD 1668.31 million in 2031, exhibiting a CAGR of 16.6% during the forecast period.
K-12 robotic toolkits refer to educational kits and resources designed for students in kindergarten through 12th grade (K-12) to learn and engage with robotics. These toolkits typically include a combination of hardware, software, and curriculum materials that enable students to build, program, and experiment with robots.
The market is projected to boom with substantial growth rate over the forecast 2022-2028 due to the increasing emphasis on STEM education and the recognition of robotics as an effective way to engage students in hands-on learning. Furthermore, the market is split by type, by application, and by geographical expansion of the market. In terms of the type of program, science courses, technology, engineering, and mathematics course are being provided by key players. On the other hand, middle and high schools are the largest application segment to create an extensive demand for the program.
COVID-19 Impact: Pandemic Created Opportunities for the Robotic Toolkit in the Education Sector
The global COVID-19 pandemic has been unprecedented and staggering, with the K-12 robotic toolkits market experiencing higher-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.
The COVID-19 pandemic favoured the K-12 robotic toolkits market. The shift to remote learning during the lockdown restrictions increased the demand for interactive resources, and the focus on STEM education was heightened. Additionally, with students at home, there was a greater need for independent learning tools, including robotic kits. Resulted, the market benefited from the global health crisis and it is expected to continue to boost the demand for robotic toolkits in the coming years due to the penetration of advanced technology in the education sector.
Latest Trends
"Trend of Gamification and Machine Learning Expand the Market Scope"
The penetration of the robotic technology has been accelerating in the last few years. Also, the robotic toolkit system is gaining traction in a number of industries, Ed-Tech is one of the fastest-growing industries which creates a higher demand for the toolkit. Additionally, the latest trends and development in the market are contributing to shaping up the market dynamics. For instance, growing advancements in artificial intelligence (AI) and machine learning (ML), where robotic toolkits are incorporating these technologies to enable more sophisticated capabilities. With the help of this, students can now explore concepts such as computer vision, natural language processing, and autonomous decision-making through AI-powered robotic platforms. Besides, to enhance engagement and learning experiences, robotic toolkits are integrating elements of gamification and AR. This trend involves using game- features, challenges, and augmented reality overlays to make learning robotics more interactive and immersive for students. Thereby, these trends and innovations are anticipated to contribute to the K-12 robotic toolkits market growth during the forecast period.
K-12 Robotic Toolkits Market Segmentation
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- By Type Analysis
According to type, the market can be bifurcated into science course, technology course engineering course, mathematics course, and other courses.
- By Application Analysis
Based on application, the market can be divided into pre-primary school, middle school, and high school.
Driving Factors
"Rising Emphasis on STEM Education Raises the Demand for the Robotic Toolkit"
The growing recognition of the importance of Science, Technology, Engineering, and Mathematics (STEM) education in preparing students for future careers is a major driving factor. Robotics toolkits provide a hands-on and interactive way for students to engage with STEM concepts, fostering critical thinking, problem-solving skills, and technological literacy. These benefits are attributed to fuel the demand for the program in the coming years.
"Growing Demand for Skilled Workforce in Various Industries Propel the Market Growth"
The growth of the market is also driven by the rising demand for skilled personnel in numerous sectors. Industries such as technology, engineering, and manufacturing are increasingly relying on robotics and automation. There is a growing demand for a skilled workforce with a strong foundation in robotics and related disciplines. K-12 robotic toolkits play a crucial role in developing the necessary skills and knowledge from an early age which fulfills the industry demand.
Restraining Factors
"Budget Constraints Can Limit the Market Expansion"
Despite being a rising industry, some restraining factors can slow down the growth of the market. As, educational institutions, particularly those with limited funding, may face budget constraints that restrict their ability to invest in K-12 robotic toolkits. The cost of robotic kits, software licenses, and ongoing maintenance can be a barrier for some schools, which may hinder their adoption of these resources.
K-12 Robotic Toolkits Market Regional Insights
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"North America Leads the Market due to a Strong Investment in Technology Infrastructure"
As per market research, the North American region, predominantly the U.S., has been a leading market for K-12 robotic toolkits. The region's focus on STEM education, strong investment in technology infrastructure, and presence of renowned robotics companies have contributed to its leadership position. Additionally, initiatives promoting STEM education and robotics in schools have further fuelled market growth. Besides, in terms of market revenue, the region accounts for the largest K-12 robotic toolkits market shares in the global marketplace.
Key Industry Players
"Key Players Offer Resources & Teacher Training to Facilitate Integration into Educational Programs"
With regard to key players, prominent companies in the market such as LEGO Education, VEX Robotics, Wonder Workshop, Makeblock, and others companies, have stimulated market growth through various strategies. They focus on product innovation, continuously enhancing their toolkits with new technologies and educational content. As well as they provide comprehensive curriculum support, offering resources and teacher training to facilitate integration into educational programs. Partnerships with educational institutions, industry collaborations, and community engagement activities, such as competitions and workshops, further drive market growth.
List of Market Players Profiled
- EZ-Robot
- LEGO Education
- Makeblock
- Modular Robotics
- Raspberry Pi Foundation
- Sphero
- Valiant
- VEX Robotics
- Wonder Workshop
Report Coverage
This report defines the K-12 robotic toolkits market. It emphasizes the market value, expected CAGR, and USD value over the forecast period, before and after the impact of the COVID-19 pandemic restrictions on the international market, and how the industry is going to turn the corner is also stated in the report. The report provides significant market data with its product type and product applications, end-use details, and an idea of the market growth in the future. This report also provides an understanding of the growing market trends and developments and their effects on the market growth, driving factors along with restraining factors that impact the market dynamics. Along with this, the leading region, key players of the market, and their tactics to beat the market competition, sustainable policies, their collaboration, mergers, companies’ profile, previous years’ revenue, profit & loss, and market position based on their share value in the market, are also explained in the report.
| REPORT COVERAGE | DETAILS |
|---|---|
Market Size Value In |
US$ 352.1 Million in 2021 |
Market Size Value By |
US$ 1668.31 Million by 2031 |
Growth Rate |
CAGR of 16.6% from 2021 to 2031 |
Forecast Period |
2024-2031 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered |
Type and Application |
Frequently Asked Questions
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What value is the global K-12 robotic toolkits market expected to touch by 2031.
The global K-12 robotic toolkits market is expected to touch USD 1668.31 million by 2031.
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What CAGR is the K-12 robotic toolkits market expected to exhibit during 2024-2031?
The K-12 robotic toolkits market is expected to exhibit a CAGR of 16.6% over 2024-2031.
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What are the key driving factors of the K-12 Robotic Toolkits market?
The driving factors of the K-12 Robotic Toolkits market are the rising emphasis on STEM education and the growing demand for a skilled workforce.
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What are the key players in the K-12 Robotic Toolkits market?
The key players in the K-12 Robotic Toolkits market include: EZ-Robot, LEGO Education, Makeblock, Modular Robotics, Raspberry Pi Foundation, Sphero, Valian, VEX Robotics, and Wonder Workshop are top players in the K-12 Robotic Toolkits market.
