NEW YORK, April 27, 2021 /PRNewswire/ --
The K-12 robotic toolkits market is expected to grow by USD 347.68 million during 2021-2025, according to Technavio. The report offers a detailed analysis of the K-12 robotic toolkits market in optimistic, probable, and pessimistic forecast scenarios.
Enterprises will go through the Response, Recovery, and Renew phases.
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The K-12 robotic toolkits market will witness a negative impact during the forecast period, owing to the widespread growth of the COVID-19 pandemic. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery, and renewal phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
- Build resilience by making effective resource and investment choices for individual business units, products, and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
Major Three K-12 Robotic Toolkits Market Participants:
EZ-Robot Inc. offers robotic solutions and tools such as JD Humanoid Bundle, Revolution Education Combo Bundle, Hexapod Education Bundle, Builder Block Add on, and InspirEd Curriculum for EZ Robots for K 12 education.
Innovation First International Inc.
Innovation First International Inc. offers VEX IQ that is designed to transform the STEM learning system for young students and their teachers to empower them in building their own robots.
LEGO System AS
LEGO System AS offers K 12 robotic toolkits including machines and mechanisms and accessories and replacement parts for both primary and secondary school students. Some of the offerings are MINDSTORMS EV3, SPIKE Prime, WeDo 2.0.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get a report snapshot here to get a detailed market share analysis of market participants during COVID-19 lockdown:
More Details: https://www.technavio.com/report/k-12-robotic-toolkits-market-industry-analysis
K-12 Robotic Toolkits Market 2021-2025: Segmentation
K-12 robotic toolkits market is segmented as below:
- North America
- South America
- High School
- Middle School
- Pre-K-elementary School
The K-12 robotic toolkits market is driven by the increased emphasis on STEM education. In addition, other factors such as the growing demand for international schools, the introduction of drones in K-12 robotic learning programs, and increased adoption of online retail channels for purchasing educational products are expected to trigger the K-12 robotic toolkits market toward witnessing a CAGR of over 19% during the forecast period.
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- Vendors covered
- Vendor classification
- Market positioning of vendors
- Competitive scenario
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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