Global Reconfigurable Educational Robots market will reach 83.23 million US$ by the end of 2025





Publisher: QYResearch
Published Date: 2019/11/21

The Global Reconfigurable Educational Robots market is expected to reach $ 83.23 million by 2025
QYR analysts predict that the global Reconfigurable Educational Robots market is valued at 13.65 million USD in 2018 and is expected to reach 83.23 million USD by the end of 2025, growing at a CAGR of 29.47% between 2018 and 2025.

Reconfigurable Educational Robots Market: Types
According to the Segmentation of types, all the market of Reconfigurable Educational Robots can be divided as follows:
The first main kind is Wheeled Robots, it hold a comparatively larger share in global market, which accounts for about 60.73% in 2018.
Another main kind is Humanoid Robots, for many companies, humanoid robots is attractive because of the market trending. The Humanoid Robots share the rest 39.27% market share in 2018.

Reconfigurable Educational Robots Market: Region
From the view of region, North America and Europe have a larger market share in 2018 which together account for 73.04%, and will witness a stable growth in following years. China hold a market share of 12.67% will still play an important role which cannot be ignored. Any changes from China might affect the development trend of Reconfigurable Educational Robots. Japan also play important roles in global market, but it will witness the comparatively low market share within selected regions.

The Reconfigurable Educational Robots market consists of a well-established group of brand name manufacturers and new entrants.
Crowdfunding campaigns have showed that there is plenty of scope for innovation. The world leading players in the Reconfigurable Educational Robots market are Lego, Makeblock, Fischertechnik, Modular Robotics, Innovation First International, Robotis, Pitsco, Evollve, Parallax, Cytron Technologies, Wonder Workshop, and so on. These Top companies currently account for more than 91% of the total market share and are expected to retain their dominating hold over the market during the forecast period. As consumer interest increases, this market will attract other major companies which want to extend their brand equity.

Now, two trends of Reconfigurable Educational Robots that will have a concrete impact on customer service and that companies must respond to if they plan to continue offering optimal product in the future.

1) The increasing use of high technology in product.
In any case, this increases the demand for customer service to provide expert technical support. In addition, the number of channels through which companies can be contacted will continue to increase, including contacts through customers’ digital assistants. At the same time, companies will gain better insight into consumer behavior patterns and better understand customer needs.

2) Comprehensive connectivity.
Customers expect companies to be just as networked as they are, and will demand even faster response times as today – and on whichever channel they choose. In order to keep pace with these requirements and provide consistent customer service across all relevant channels, companies need to get to grips with increasing technical complexity.

Although Reconfigurable Educational Robots market still brings a lot of opportunities, the study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.



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