Robot Kit Market

Robot Kit Market Analysis by STEM Robotic Kits, Robotic Arm Kits, Programmable or Coding Robotics Kits, Classroom Robotics Kits, Industrial Robotics Kits, and Others from 2023 to 2033

Analysis of Robot Kits Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more

Robot Kit Market Outlook (2023-2033)

The global robot kits market is set to surpass a valuation of US$ 964.1 million in 2023 and further expand at a CAGR of 10.2% to reach US$ 2,546.5 million by the end of 2033.

Sales of robot kits accounted for around 2.5% of the overall global robots market at the end of 2022.

Report Attributes

Details

Market Size (2022A)

US$ 865.8 Million

Estimated Market Value (2023E)

US$ 964.1 Million

Forecasted Market Value (2033F)

US$ 2,546.5 Million

Global Market Growth Rate (2023-2033)

10.2% CAGR

North America Market Share (2023)

~ 23.4%

North America Market Value

(US$ Mn), 2023

US$ 225.2 Million

Europe Market Share (%), 2023

~26.7%

Europe Market Value (US$ Mn), 2023

US$ 257.4 Million

China Market Share (%), 2023

~17.4%

China Market Value (US$ Mn)

US$ 167.2 Million

Top 3 country Market Share (%)

~44.1%

Key Companies Profiled

  • Dexter Industries
  • ClicBot
  • HEBI Robotics
  • Lynxmotion
  • Makeblock
  • OWI Inc
  • Sphero, Inc
  • Technical Laboratory Systems, Inc
  • VEX Robotics
  • Weeemake STEAM Tech Co. Ltd

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Sales Analysis of Robot Kit (2018-2022) Vs. Market Forecast Outlook (2023-2033)

According to the recent analysis by Fact.MR, a market research and competitive intelligence provider, sales of robot kits witnessed a growth rate of 7.1% over the past half-decade.

Technology is growing and evolving at a fast pace. A robotic kit can aid in simultaneously expanding skills and perfect certain parts of the brain, and benefits in supporting one's ability to grow and evolve with technology. A robot kit also exercises research, critical thinking, design and problem solving skills and help in experimental learning. It can be predicted that robot kit market may have a market value of US$ 964.1 million in 2023.

The global market is expected to witness prominent growth with an absolute dollar opportunity accounting to US$ 1,680.7 Mn over forecast period. Fact.MR estimates that the sales of the global market will be 2.6 times by 2033.

Robot building kits offer a wide range of benefits for young people, including subjects like math, computer programming and engineering. It is beneficial not only for kids, but also for adults to develop critical thinking and problem solving skills. The growth in the market can be attributed to the rising demand for robotics across wide range of applications such as educational purpose for kids and adults, adoption of robots in industrial and manufacturing sectors.

The rising popularity of robotics competition are driving the demand for robotic kits. Growing demand for hands-on learning in robotics from educational sector will further propel the sales of robot kit.

  • Short Term (2023 Q1 to 2026): Surging demand for educational robot kits to improve the market growth.
  • Medium Term (2026-2029): Increasing R&D investments and development of new technologies by major companies would contribute to the increased sales of robot kit.
  • Long Term (2029-2033): Growing use of robot kits in industrial sector will improve long-term growth in the market.

Over the 2018-2022 historical period, the global robot kit market registered a CAGR of 7.1%, and according to the Fact.MR, a market research and competitive intelligence provider, the market is anticipated to exhibit growth at 10.2% CAGR between 2023 and 2033.

Robot Kits Market summary and forecast analysis by Fact.MR

Market share analysis of robot kit based on end user and region is provided in a nutshell in the above image. Under the end user segment, the intermediate sub-segment will dominate with 48.1% market share in 2023.

What’s Driving Demand for Robot Kit?

“Adoption of Robot Kits in Classrooms to Boost the Sales”

In the rise of a digital transformation, ubiquitous access to the internet and growing demand for skilled labors in the fields of science, technology, engineering and math (STEM), the educational sector focuses on successful adoption of robotics among students. Robotic kits offer hands-on experience to students in the areas coding, programming and engineering and other multiple benefits.

As the companies are expanding worldwide, the demand for workforce with STEM related skills are also increasing. Schools and colleges are hence incorporating robotics education throughout the curriculum to increase the likelihood of students pursuing skilled trades to train for the evolving needs. As a result, the demand for robot kit is estimated to witness considerable growth in successive years from the educational sector.

“Surging Demand in Industrial Sector Propelling Robot Kit Market”

Industrial robotic kits are the perfect for experimentation and optimization in workplace uses. Robotic kits can provide an innovative and customizable solution for manufacturing expansion or education, laboratory support and prototyping. Gantry robots kit and robotic arm kits can be programmed and customized to meet a variety of requirements. They can be utilized in situations to increase effectiveness or quality of industrial robots. Industrial robotics kits are beneficial for applications like welding and gluing, pick-and-place and conveyor belt assembly.

The robotic kits available in the market are designed for self-assembly, allowing integrating into workplace effectively and are compatible with add-on devices. With key players continually updating range of industrial robotic kits, the market is expected to witness a rising demand in the coming years.

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What Concerns Should Robot Kit Manufacturers Watch Out for?

“Flaws Related to User Specific Robot Kits to Hinder the Market Growth”

The robot kits available in the market are for specific users like beginners, intermediate and advanced levels. The robot kits for kids, since specifically aimed at beginners are not advanced and cannot perform a wide variety of sensing. In addition, there are limited options for upgrading to higher level programming.

Moreover, different groups of programming abilities unlocks as one progress and cannot skip ahead to another activity. The programming environment in few beginner level robot kits are also ultra-simplified with graphical programming. These few drawbacks of user specific robot kits may hinder the market growth during forecast period.

Country-wise Insights

What Makes U.S Center Stage for Robot Kit Market?

U.S. is estimated to dominate the market in 2023 with a share of more than 19.6% at global level and is expected to grow exponentially over the forecast period. A greater inclination towards robotics among educational institutes along with rising significance of STEM education is favoring the expansion of robot kit market in the country. Also the growing disposable income of U.S. population can be ascribed to the growth of market.

United States is predicted to grow at a CAGR of close to 8.6% because of aforementioned factors. The growth can also be attributed to the strong presence of robotic companies operating in the region. U.S. is expected to reach a valuation of US$ 189.4 million by the end of the forecast period.

How does China Fare in the Robot Kit Market?

China is expected to adopt robot kits at a faster pace driven by government initiatives for education sector. Moreover, technological advances in robotic kits by the regional players further offer lucrative opportunities for robotic kits in various sectors.

Companies are also heavily investing in robotics as a part of country’s strategy to modernize the industrial sector. China is making persistent strides in the development of various types of robots. Due to these factors, China is expected to reach a valuation of US$ 167.2 million by the end of the forecast period growing at a CAGR of 7.6%.

Category-wise Insights

How Robot Kits for Beginner/ Kids to be Focus for Manufacturers?

Robotic kits inherently support creative thinking in kids. Robot kits when coupled with curriculum surrounding real world problems, can aid students in developing innovative solutions and become future leaders. It also foster teamwork and collaboration among students and develop teamwork skills.

Students have a world of opportunities when robotics kits are integrated into the classroom in an effective, inclusive way. In 2023, the demand for robot kit for beginner/ kids is predicted to have a market share of 28.7% accounting to a market value of US$ 276.7 million and is expected to have a huge demand in the future as well.

How are STEM Robotic Kits Expected to Perform in the Market?

STEM (Science, Technology, Engineering, and Math) related curriculum and programming is started at an early stage in primary school levels to meet the future demand for employees with STEM related skills. STEM robot kits integrates STEM subjects into a single one, and creates interest in learning through informal education. Schools are rapidly catching on to this trend in order to instill scientific vigor as well as modernize the teaching approach beginning at the elementary level.

Companies like Wonder Workshop, Kinderlab Robotics, RoboLink, and others are offering robots specifically for the Edtech sector, with programs relating to science and technology to make school-level learning dynamic and interesting. With numerous companies focusing on STEM robotic kits, it is predicted to have a market value of US$ 232.3 million in 2023 and is expected to capture nearly 24.1% of the demand in the robot kit market.

Competitive Landscape

Prominent manufacturers of the robot kit industry globally are Dexter Industries, ClicBot, HEBI Robotics, Lynxmotion, Makeblock, OWI Inc., Sphero, Inc., Technical Laboratory Systems, Inc, VEX Robotics and Weeemake STEAM Tech Co., Ltd.

Manufacturers of robot kit are developing robot kits for beginner, intermediate and advanced level of learning. Key players are also focusing on STEM robotic kits and making robotic kits more affordable and accessible in all parts of world. Manufacturers are also aiming at partnerships with established players. For instance, in August 2022, UP Bridge the Gap, a brand of AAEON collaborated with Intel to introduce to launch two robotic kits to simplify robotics evaluation and development.

Fact.MR has provided detailed information about the price points of key manufacturers of robot kit positioned across regions, sales growth, production capacity, and speculative technological expansion, in the recently published report.

Segmentation of Robot Kit Industry Research

  • By Type:

    • STEM Robotic Kits
    • Robotic Arm Kits
    • Programmable or Coding Robotics Kits
    • Classroom Robotics Kits
    • Industrial Robotics Kits
    • Others
  • By End User:

    • Beginner/ Kids
    • Intermediate
    • Professional
  • By Sales Channel:

    • Online Sales
      • Company Owned Platform
      • e-Commerce Websites
    • Offline Sales
      • Electronics Stores
      • Franchised Stores
      • Independent Stores
      • Other Sales Channel
  • By Region:

    • North America
    • Latin America
    • Europe
    • East Asia
    • South Asia & Oceania
    • MEA

- FAQs -

What would be the global robot kit market size in 2023?

The global robot kit market will be valued at US$ 964.1 million in 2023.

How far is the global demand expected to reach over the forecasted period?

Worldwide demand for robot kit is anticipated to reach US$ 2,546.5 Million by 2033-end.

Which type of robot kit will hold the highest market share in 2023?

STEM robot kit is predicted to account for 24.1% share of global sales in 2023.

How much market share will beginner/ kids robot kits under end user segment capture in 2023?

Beginner/ kid’s robot kits under end user segment is expected to hold a market share of around 28.7% in 2023.

Which country is estimated to have the highest market value for robot kit market in 2023?

The US is estimated to have the highest market value of US$ 189.4 Mn in 2023.

What is the market share of Japan in 2023 for robot kit market?

Japan is estimated to hold a 7.1% share of global robot kit market in 2023.

What was the last 5 year’s market CAGR?

During 2018-2022, sales of robot kit increased at 7.1% CAGR.