ELECTRONICS.CA PUBLICATIONS, the electronics industry market research and knowledge network, announces the availability of a new report entitled “Educational and Entertainment Robot Market Strategy, Market Shares, and Market Forecasts, 2008-2014.” Robots used in education and entertainment provide modular motion and remote sensor system that provide flexibility. The educational kits are designed for pure fun and for educational competitions where students put together modules in innovative ways to create designs that work.
Robots are set to provide more variety to entertainment. The robotic ability to sing and dance and fight provides endless new modalities of entertainment as people organize their robots in a creative manner. According to the new report, educational robots stimulate innovation. Creativity is set to be stimulated by the modular systems that are available to students in the robotic community.
The modularity of robot kits makes them versatile and flexible. Modules can be put together in a variety of ways, giving users choices about what functionality the robot will have. Robot competitions are team efforts where groups join together to build a robot that performs in a particular manner meeting the requirements of the particular competition.
Educational robots are used by every level of student. Kits are geared to various age and skill levels. Robotics competitions are being held for every age level. Students do not yet receive formal education on robots and are more likely to enter competitions as clubs competing against each other representing different educational institutions.
Humanoid robots and innovative shaped robots are evolving a place in homes and offices, providing information and communications, as well as automated locomotion. The automated modules constructed as robots provide elaborate capability. Markets for educational robotic kits at 541,000 units in 2007 are anticipated to reach 35.8 million units by 2014. As the price comes down and schools begin to institutionalize robotics programs, there is very fast growth anticipated. Growth at the low end robotic kits starts to level off as demand increases for robots with more components and more functionality. Markets for educational robotic kits at $27.5 million in 2007 are anticipated to reach $1.69 billion by 2014.
Robot entertainment and educational markets at $184.9 million in 2007 are anticipated to reach $2.985 billion by 2014. Market growth is spurred by the evolution of a new technology useful in a range of industry segments. The educational and entertainment robots represent a first step in the evolution of the robotic markets because they provide the teaching aspect of the market that precedes any other market evolution in the services and mobility segments of consumer robotics.