Programmable Robots Market Research Report - Global Forecast to 2027

Programmable Robots Market Research Report, by Application (Education, Entertainment, Gaming, Media, Research Institutes, Schools & Universities), by Component (Hardware, Software, Programmable platform, PC interface, Sensors) — Forecast till 2027

ID: MRFR/SEM/5375-HCR | February 2021 | Region: Global | 100 pages

Market synopsis


Robotics has the potential to elevate efficiency, transform work practises, and enhances service offerings. Robots are influencing every industry vertical. But, building a robot is a tedious task which consumes a lot of time for drilling, soldering, programming and others. This tedious task of building robots is simplified with the use of programmable robot kit. The kit contains all the electronic and mechanical components to make functional robot capable of performing elementary movements. The languages used for programming are C/C++, Python, Java, C#/.NET and Matlab. Programmable robots are autonomous robots which can be controlled by using remote control or programmed with set of instructions. Programmable robots with AI capabilities do not require any external control to operate. It adapts to the environment, have thinking capabilities and perform tasks on its own.


Increasing adoption of programmable robots for educational purpose to enhance the learning and teaching process is fueling the growth of programmable robots market. Furthermore, availability of open source platform which offers customization features to program the robots and availability of robotic kits at low cost are driving the growth of programmable robot market. However lack of awareness is restraining the market growth.


Programmable robots in education help students to engage highly in the four subjects areas namely science, technology, engineering and mathematics (STEM). It helps students to learn via project based learning, hands-on learning, collaborative learning, authentic learning, and constructive learning approaches which stimulates the learning process. Programmable robots also used for entertainment purpose for gaming and media. The home entertainment robots encourages human and robot interaction. Humanoid robots, robo cats or dogs are provided with sensors, and vision to communicate with people, play games and compete. These robots are also used in service idustries such as theme parks or museum as tour guides to provide tourits with the information and also adds as an entertainment value. The robots used for domestic purpose are majorly used for assistive tasks for elder people.


Segmentation


The global programmable robots market is segmented on the basis of component and applications.


By component, the market is segmented into hardware and software. Hardware is further sub-segmented into sensors, actuators, power source, PC interface, programmable platforms, and others.


By application, the market is segmented into education and entertainment. Education is further sub-segmented into schools & universities and research institutes where as entertainment is further sub-segmented into media and gaming.


Regional analysis


The global market for programmable robots is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of the programmable robots market is done for North America, Europe, Asia-Pacific, and the rest of the world.


North America is expected to dominate the programmable robots market during the forecast period. The major factor influencing the growth of market in this region is well established economies such as the US, and Canada, are spending a large share on research and development of robotics technology. Also, increasing adoption of robotic kits in schools, universities, and research institutes for educational purpose is another reason driving the growth of programmable robot market. Asia-Pacific is expected to grow at a significant rate owing to rising awareness of robotics in education to elevate the learning process and emerging economies such as China, Japan and South Korea who manufacture electronic components at economical rates.


Global Programmable Robots Market, 2017-2023 (USD Billion)


Programmable Robots Market


Source: MRFR Analysis


The global programmable robots market is expected to generate a market value of USD 4 billion by 2023 growing at a CAGR of ~ 15.


Key players


The prominent players in the market of programmable robots are iRobot Corporation (US), The LEGO Group (Denmark), RobotShop Inc. (Canada), Bossa Nova Robotics (US), Honda Motor Co., Ltd (Japan), Wowwee Group Ltd (Hong Kong), SuperDroid Robots Inc. (US), Fischertechnik GmbH (Germany), Evolution Robotics (US), and Sphero (US)


Other players include Toyota Motor Corporation (Japan), Yujin Robot Co., Ltd. (South Korea), SoftBank Robotics (Japan), Ozobot & Evollve, Inc. (US), Robobuilder Co., Ltd. (South Korea), Rouge Robotics (Canada), and VEX Robotics (US) among others


Intended Audience



  • Associations, Organizations, Forums, And Alliances

  • Government Bodies and Departments

  • Technical Universities

  • Programmable Robot Vendors

  • Robotics Service Provider

  • Traders and Distributors

  • Professional Service Providers

  • Market Research and Consulting Firms

  • Educational Institutes

  • Technology Standards Organizations

  • Programmable Robotics Solution Provider

  • Technology Investors

  • Technology Providers



Report Scope:
Report Attribute/Metric Details
  Market Size   USD 4 Billion
  CAGR   15%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units   Value (USD Billion)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Application, Component
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors

  • iRobot Corporation (US), The LEGO Group (Denmark), RobotShop Inc. (Canada), Bossa Nova Robotics (US), Honda Motor Co., Ltd (Japan), Wowwee Group Ltd (Hong Kong), SuperDroid Robots Inc. (US), Fischertechnik GmbH (Germany), Evolution Robotics (US), and Sphero (US)
  • Toyota Motor Corporation (Japan), Yujin Robot Co., Ltd. (South Korea), SoftBank Robotics (Japan), Ozobot & Evollve, Inc. (US), Robobuilder Co., Ltd. (South Korea), Rouge Robotics (Canada), and VEX Robotics (US)

    		•
      Key Market Opportunities   The escalating use of robotic kits in universities, research institutes and schools for educational purposes.
      Key Market Drivers

  • Increasing adoption of programmable robots for educational purpose to enhance the learning and teaching process.
  • Availability of robotic kits at low cost.
  • Availability of open source platform which offers customization features to program the robots.

    		•


    Frequently Asked Questions (FAQ) :

    A. Programmable robots are being widely adopted across the education sector for enhancing learning and teaching processes. This, in turn, is poised to accelerate the growth of the market.

    A. On the basis of component, the market covers hardware and software. By application the segments of the market are education and entertainment.

    A. The major regional segments of the market are North America, Europe, Asia-Pacific, and the Rest of the World.

    A. By the end of the assessment period, the market will scale a valuation of USD 4 Bn approximately.

    A. The market is presumed to strike a 15% CAGR over the assessment period.

    TABLE OF CONTENTS

    1 Executive Summary

    2 Scope of the Report

    2.1 Market Definition

    2.2 Scope of the Study

    2.2.1 Research Objectives

    2.2.2 Assumptions & Limitations

    2.3 Markets Structure

    3 Market Research Methodology

    3.1 Research Process

    3.2 Secondary Research

    3.3 Primary Research

    3.4 Forecast Model

    4 Market Landscape

    4.1 Porter’s Five Forces Analysis

    4.1.1 Threat of New Entrants

    4.1.2 Bargaining power of buyers

    4.1.3 Threat of substitutes

    4.1.4 Rivalry

    4.1.5 Bargaining Power of Suppliers

    4.2 Value Chain/Supply Chain of Programmable Robots Market

    5 Market Overview of Programmable Robots Market

    5.1 Introduction

    5.2 Growth Drivers

    5.3 Impact Analysis

    5.4 Market Challenges

    6 Market Trends

    6.1 Introduction

    6.2 Growth Trends

    6.3 Impact analysis

    7 Programmable Robots Market by Component

    7.1 Introduction

    7.2 Hardware

    7.2.1 Sensors

    7.2.1.1 Market Estimates & Forecast, 2020-2027

    7.2.1.2 Market Estimates & Forecast by Region, 2020-2027

    7.2.2 Actuators

    7.2.2.1 Market Estimates & Forecast, 2020-2027

    7.2.2.2 Market Estimates & Forecast by Region, 2020-2027

    7.2.3 Power Source

    7.2.3.1 Market Estimates & Forecast, 2020-2027

    7.2.3.2 Market Estimates & Forecast by Region, 2020-2027

    7.2.4 PC interface

    7.2.4.1 Market Estimates & Forecast, 2020-2027

    7.2.4.2 Market Estimates & Forecast by Region, 2020-2027

    7.2.5 Programmable Platforms

    7.2.5.1 Market Estimates & Forecast, 2020-2027

    7.2.5.2 Market Estimates & Forecast by Region, 2020-2027

    7.2.6 Others

    7.2.6.1 Market Estimates & Forecast, 2020-2027

    7.2.6.2 Market Estimates & Forecast by Region, 2020-2027

    7.3 Software

    7.3.1 Market Estimates & Forecast, 2020-2027

    7.3.2 Market Estimates & Forecast by Region, 2020-2027

    8. Programmable Robots Market by Application

    8.1 Introduction

    8.2 Education

    8.2.1 Schools & Universities

    8.2.1.1 Market Estimates & Forecast, 2020-2027

    8.2.1.2 Market Estimates & Forecast by Region, 2020-2027

    8.2.2 Research Institutes

    8.2.2.1 Market Estimates & Forecast, 2020-2027

    8.2.2.2 Market Estimates & Forecast by Region, 2020-2027

    8.3 Entertainment

    8.3.1 Media

    8.3.1.1 Market Estimates & Forecast, 2020-2027

    8.3.1.2 Market Estimates & Forecast by Region, 2020-2027

    8.3.2 Gaming

    8.3.2.1 Market Estimates & Forecast, 2020-2027

    8.3.2.2 Market Estimates & Forecast by Region, 2020-2027

    9. Programmable Robots Market by Region

    9.1 Introduction

    9.2 North America

    9.2.1 Market Estimates & Forecast by Country, 2020-2027

    9.2.2 Market Estimates & Forecast by Component, 2020-2027

    9.2.3 Market Estimates & Forecast by Applications, 2020-2027

    9.2.4 US

    9.2.4.1 Market Estimates & Forecast by Component, 2020-2027

    9.2.4.2 Market Estimates & Forecast by Applications, 2020-2027

    9.2.5 Mexico

    9.2.5.1 Market Estimates & Forecast by Component, 2020-2027

    9.2.5.2 Market Estimates & Forecast by Applications, 2020-2027

    9.2.6 Canada

    9.2.6.1 Market Estimates & Forecast by Component, 2020-2027

    9.2.6.2 Market Estimates & Forecast by Applications, 2020-2027

    9.3 Europe

    9.3.1 Market Estimates & Forecast by Country, 2020-2027

    9.3.2 Market Estimates & Forecast by Component, 2020-2027

    9.3.3 Market Estimates & Forecast by Applications, 2020-2027

    9.3.4 Germany

    9.3.4.1 Market Estimates & Forecast by Component, 2020-2027

    9.3.4.2 Market Estimates & Forecast by Applications, 2020-2027

    9.3.5 France

    9.3.5.1 Market Estimates & Forecast by Component, 2020-2027

    9.3.5.2 Market Estimates & Forecast by Applications, 2020-2027

    9.3.6 UK

    9.3.6.1 Market Estimates & Forecast by Component, 2020-2027

    9.3.6.2 Market Estimates & Forecast by Applications, 2020-2027

    9.3.7 Rest of Europe

    9.3.7.1 Market Estimates & Forecast by Component, 2020-2027

    9.3.7.2 Market Estimates & Forecast by Applications, 2020-2027

    9.4 Asia-Pacific

    9.4.1 Market Estimates & Forecast by Country, 2020-2027

    9.4.2 Market Estimates & Forecast by Component, 2020-2027

    9.4.3 Market Estimates & Forecast by Applications, 2020-2027

    9.4.4 China

    9.4.4.1 Market Estimates & Forecast by Component, 2020-2027

    9.4.4.2 Market Estimates & Forecast by Applications, 2020-2027

    9.4.5 India

    9.4.5.1 Market Estimates & Forecast by Component, 2020-2027

    9.4.5.2 Market Estimates & Forecast by Applications, 2020-2027

    9.4.6 Japan

    9.4.6.1 Market Estimates & Forecast by Component, 2020-2027

    9.4.6.2 Market Estimates & Forecast by Applications, 2020-2027

    9.4.7 Rest of Asia-Pacific

    9.4.7.1Market Estimates & Forecast by Component, 2020-2027

    9.4.7.2Market Estimates & Forecast by Applications, 2020-2027

    9.5 Rest of the World

    9.5.1 Market Estimates & Forecast by Country, 2020-2027

    9.5.2 Market Estimates & Forecast by Component, 2020-2027

    9.5.3 Market Estimates & Forecast by Applications, 2020-2027

    9.5.4 Middle East & Africa

    9.5.4.1 Market Estimates & Forecast by Component, 2020-2027

    9.5.4.2 Market Estimates & Forecast by Applications, 2020-2027

    9.5.5 Latin Countries

    9.5.5.1 Market Estimates & Forecast by Component, 2020-2027

    9.5.5.2 Market Estimates & Forecast by Applications, 2020-2027

    10. Company Profiles

    10.1 iRobot Corporation

    10.1.1 Company Overview

    10.1.2 Product/Business Segment Overview

    10.1.3 Financial Updates

    10.1.4 Key Developments

    10.2 The LEGO Group

    10.2.1 Company Overview

    10.2.2 Product/Business Segment Overview

    10.2.3 Financial Updates

    10.2.4 Key Developments

    10.3 RobotShop Inc.

    10.3.1 Company Overview

    10.3.2 Product/Business Segment Overview

    10.3.3 Financial Updates

    10.3.4 Key Developments

    10.4 Bossa Nova Robotics

    10.4.1 Company Overview

    10.4.2 Product/Business Segment Overview

    10.4.3 Financial Updates

    10.4.4 Key Developments

    10.5 Honda Motor Co., Ltd

    10.5.1 Company Overview

    10.5.2 Product/Business Segment Overview

    10.5.3 Financial Updates

    10.5.4 Key Developments

    10.6 Wowwee Group Ltd

    10.6.1 Company Overview

    10.6.2 Product/Business Segment Overview

    10.6.3 Financial Updates

    10.6.4 Key Developments

    10.7 SuperDroid Robots Inc.

    10.7.1 Company Overview

    10.7.2 Product/Business Segment Overview

    10.7.3 Financial Updates

    10.7.4 Key Developments

    10.8 Fischertechnik GmbH

    10.8.1 Company Overview

    10.8.2 Product/Business Segment Overview

    10.8.3 Financial Updates

    10.8.4 Key Developments

    10.9 Evolution Robotics

    10.9.1 Company Overview

    10.9.2 Product/Business Segment Overview

    10.9.3 Financial Updates

    10.9.4 Key Developments

    10.10 Sphero

    10.10.1 Company Overview

    10.10.2 Product/Business Segment Overview

    10.10.3 Financial Updates

    10.10.4 Key Developments

    10.11 Toyota Motor Corporation

    10.11.1 Company Overview

    10.11.2 Product/Business Segment Overview

    10.11.3 Financial Updates

    10.11.4 Key Developments

    10.12 Yujin Robot Co., Ltd

    10.12.1 Company Overview

    10.12.2 Product/Business Segment Overview

    10.12.3 Financial Updates

    10.12.4 Key Developments

    10.13 SoftBank Robotics

    10.13.1 Company Overview

    10.13.2 Product/Business Segment Overview

    10.13.3 Financial Updates

    10.13.4 Key Developments

    10.14 Ozobot & Evollve, Inc.

    10.14.1 Company Overview

    10.14.2 Product/Business Segment Overview

    10.14.3 Financial Updates

    10.14.4 Key Developments

    10.15 Robobuilder Co., Ltd

    10.15.1 Company Overview

    10.15.2 Product/Business Segment Overview

    10.15.3 Financial Updates

    10.15.4 Key Developments

    10.16 Rouge Robotics

    10.16.1 Company Overview

    10.16.2 Product/Business Segment Overview

    10.16.3 Financial Updates

    10.16.4 Key Developments

    10.17 VEX Robotics

    10.17.1 Company Overview

    10.17.2 Product/Business Segment Overview

    10.17.3 Financial Updates

    10.17.4 Key Developments

    13 Conclusion

     

    LIST OF TABLES

    Table1 Global Programmable Robots Market, by Country, 2020–2027

    Table2 North America: Programmable Robots Market, by Country, 2020–2027

    Table3 Europe: Programmable Robots Market, by Country, 2020–2027

    Table4 Asia-Pacific: Programmable Robots Market, by Country, 2020–2027

    Table5 North America: Programmable Robots Market, by Country

    Table6 North America: Programmable Robots Market, by Component

    Table7 North America: Programmable Robots Market, by Applications

    Table8 Europe: Programmable Robots Market, by Country

    Table9 Europe: Programmable Robots Market, by Component

    Table10 Europe: Programmable Robots Market, by Applications

    Table11 Asia-Pacific: Programmable Robots Market, by Country

    Table12 Asia-Pacific: Programmable Robots Market, by Component

    Table13 Asia-Pacific: Programmable Robots Market, by Applications

    Table14 Middle East & Africa: Programmable Robots Market, by Component

    Table15 Middle East & Africa: Programmable Robots Market, by Applications

    Table16 Latin America: Programmable Robots Market, by Component

    Table17 Latin America: Programmable Robots Market, by Applications

    LIST OF FIGURES

    FIGURE 1 Global Programmable Robots Market Segmentation

    FIGURE 2 Forecast Methodology

    FIGURE 3 Porter’s Five Forces Analysis of Global Programmable Robots Market

    FIGURE 4 Value Chain of Global Programmable Robots Market

    FIGURE 5 Share of Programmable Robots Market in 2020, by country (in %)

    FIGURE 6 Global Programmable Robots Market, 2020–2027

    FIGURE 7 Global Programmable Robots Market Size by Component, 2020–2027

    FIGURE 8 Share of Global Programmable Robots Market by Component, (in %)

    FIGURE 7 Global Programmable Robots Market Size by Applications, 2020–2027

    FIGURE 8 Share of Global Programmable Robots Market by Applications, (in %)