Market Overview:
The global robot toys for children market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for robot toys from children across the globe. Robot animals, robot cars, and robot dolls are the major types of robot toys that are popular among children. The application segmentation of the global robot toys for children market is based on age group, namely below 6 years old, 6 to 12 years old, and 12 to 18 years old. North America dominates the global market for robotic toys with a share of more than 30%.
Product Definition:
A robot toy is a type of toy that typically resembles a human, animal, or other creature, and is often used in children's stories and movies. While there are many different types of robot toys available on the market today, most can be classified into one of two categories: autonomous robots and remote control robots. Autonomous robots are those that can operate without any outside input or control from humans, while remote control robots require someone to direct their actions using a separate controller.
Robot Animals:
Robot animals are artificial life forms created by the merger of technology and biology. They are made to look like real animals with movable parts that function as a substitute for the real animal's body parts. The robot animal is controlled by an operator from a remote location, usually through wireless communication.
The major driving factors responsible for growth in this market include increasing adoption rate of robotic toys among children.
Robot Car:
The robot car is a self-driven vehicle that can be used for transportation of small objects in manufacturing facilities, warehouses, hospitals and laboratories. It is also applicable in the home environment to move objects around the house. The robot car has different sensors which help it to have vision and navigation capabilities. These cars are battery powered with electric motors which provide power to drive itself over a particular distance without any human intervention.
Application Insights:
Below 6 years old application segment held the largest share of over 50.0% in 2017. The high share is attributed to the increasing adoption of smart devices which provide educational content and enhance playing experience for children below 6 years. Moreover, parents are opting for technologically advanced toys as they offer more interactivity and visual appeal to their kids thereby driving the demand further up.
The robot animals category is expected to witness significant growth with a CAGR of XX% from 2018 to 2030 owing to their ability 2b play fight along with learning features embedded in them which helps stimulate kid¢â‚¬â„¢s imagination.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position during the forecast period. This can be attributed to increasing investments by companies in this region and growing popularity of robotics as a career option among kids and teenagers. In addition, rising cases of child obesity are creating an opportunity for market growth as parents start looking for interactive playthings that help burn off excess energy, thereby driving demand across this region.
Asia Pacific is anticipated to witness significant growth over the forecast period owing to increasing awareness about robotics and related technologies among children aged 6 years old & above in countries such as China, Japan, South Korea, India and Australia which will result into increased sales of robot toys over the next eight years from 2018 to 2030 timeframe).
Growth Factors:
- Increasing demand for robot toys from children as they provide an interactive and fun learning experience.
- Rising disposable income of parents that allows them to invest in high-quality robot toys for their children.
- Proliferation of online retail channels that offer a wide range of robot toys at competitive prices.
- Growing popularity of STEM (Science, Technology, Engineering, and Mathematics) education among children which is driving the demand for robot toys as educational tools.
Scope Of The Report
Report Attributes
Report Details
Report Title
Robot Toys for Children Market Research Report
By Type
Robot Animals, Robot Car, Robot Dolls, Others
By Application
Below 6 Years Old, 6 To 12 Years Old, 12 To 18 Years Old
By Companies
Hasbro, Lego, Mattel, Bandai, WowWee (Optimal Group), Spin Master, Sainsmart, Top Race, Huile Toys, Rastar, Shifeng Culture, Alpha Group
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Robot Toys for Children Market Report Segments:
The global Robot Toys for Children market is segmented on the basis of:
Types
Robot Animals, Robot Car, Robot Dolls, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Below 6 Years Old, 6 To 12 Years Old, 12 To 18 Years Old
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Hasbro
- Lego
- Mattel
- Bandai
- WowWee (Optimal Group)
- Spin Master
- Sainsmart
- Top Race
- Huile Toys
- Rastar
- Shifeng Culture
- Alpha Group
Highlights of The Robot Toys for Children Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Robot Animals
- Robot Car
- Robot Dolls
- Others
- By Application:
- Below 6 Years Old
- 6 To 12 Years Old
- 12 To 18 Years Old
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Robot Toys for Children Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Robot toys are typically small, battery-operated robots that children can control with a remote control. They come in a variety of shapes and sizes, and some have features such as lights and sound.
Some of the major players in the robot toys for children market are Hasbro, Lego, Mattel, Bandai, WowWee (Optimal Group), Spin Master, Sainsmart, Top Race, Huile Toys, Rastar, Shifeng Culture, Alpha Group.
The robot toys for children market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Robot Toys for Children Market Overview 4.1 Introduction 4.1.1 Market Taxonomy 4.1.2 Market Definition 4.1.3 Macro-Economic Factors Impacting the Market Growth 4.2 Robot Toys for Children Market Dynamics 4.2.1 Market Drivers 4.2.2 Market Restraints 4.2.3 Market Opportunity 4.3 Robot Toys for Children Market - Supply Chain Analysis 4.3.1 List of Key Suppliers 4.3.2 List of Key Distributors 4.3.3 List of Key Consumers 4.4 Key Forces Shaping the Robot Toys for Children Market 4.4.1 Bargaining Power of Suppliers 4.4.2 Bargaining Power of Buyers 4.4.3 Threat of Substitution 4.4.4 Threat of New Entrants 4.4.5 Competitive Rivalry 4.5 Global Robot Toys for Children Market Size & Forecast, 2020-2028 4.5.1 Robot Toys for Children Market Size and Y-o-Y Growth 4.5.2 Robot Toys for Children Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Robot Animals
5.2.2 Robot Car
5.2.3 Robot Dolls
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Below 6 Years Old
6.2.2 6 To 12 Years Old
6.2.3 12 To 18 Years Old
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Robot Toys for Children Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Robot Toys for Children Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Robot Animals
9.6.2 Robot Car
9.6.3 Robot Dolls
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Below 6 Years Old
9.10.2 6 To 12 Years Old
9.10.3 12 To 18 Years Old
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Robot Animals
10.6.2 Robot Car
10.6.3 Robot Dolls
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Below 6 Years Old
10.10.2 6 To 12 Years Old
10.10.3 12 To 18 Years Old
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Robot Animals
11.6.2 Robot Car
11.6.3 Robot Dolls
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Below 6 Years Old
11.10.2 6 To 12 Years Old
11.10.3 12 To 18 Years Old
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Robot Animals
12.6.2 Robot Car
12.6.3 Robot Dolls
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Below 6 Years Old
12.10.2 6 To 12 Years Old
12.10.3 12 To 18 Years Old
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Robot Animals
13.6.2 Robot Car
13.6.3 Robot Dolls
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Below 6 Years Old
13.10.2 6 To 12 Years Old
13.10.3 12 To 18 Years Old
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Robot Toys for Children Market: Competitive Dashboard
14.2 Global Robot Toys for Children Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Hasbro
14.3.2 Lego
14.3.3 Mattel
14.3.4 Bandai
14.3.5 WowWee (Optimal Group)
14.3.6 Spin Master
14.3.7 Sainsmart
14.3.8 Top Race
14.3.9 Huile Toys
14.3.10 Rastar
14.3.11 Shifeng Culture
14.3.12 Alpha Group