AI Robot Toy for Kid Market Trends and Forecast
The future of the global AI robot toy for kid market looks promising with opportunities in the online sale and offline sale markets. The global AI robot toy for kid market is expected to grow with a CAGR of 14.7% from 2024 to 2030. The major drivers for this market are rising adoption of educational toys and increasing popularity of AI robot toys for entertainment & learning experiences.
• Lucintel forecasts that mobile is expected to witness higher growth over the forecast period.
• Within this market, online sale is expected to witness the higher growth.
• APAC is expected to witness the highest growth over the forecast period.
Country Wise Outlook of the AI Robot Toy for Kid Market
• United States: Mattel launched AI-powered robot toys focused on STEM education, aligning with government initiatives promoting digital literacy and educational innovation.
• China: Xiaomi introduced a new line of AI robot toys designed for interactive learning, supported by government policies encouraging tech-driven educational tools.
• Japan: Sony developed AI robot companions for children, targeting both entertainment and educational value, with government backing for innovation in robotics and AI.
• United Kingdom: LEGO partnered with educational institutions to create AI-integrated robot kits, supported by government funding to enhance STEM education through interactive learning tools.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
AI Robot Toy for Kid Market by Segment
The study includes a forecast of the global AI robot toy for kid market by type, application, and region.
AI Robot Toy for Kid Market by Type [Value from 2018 to 2030]:
• Mobile
• Immobile
AI Robot Toy for Kid Market by Application [Value from 2018 to 2030]:
• Online Sales
• Offline Sales
AI Robot Toy for Kid Market by Region [Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of AI Robot Toy Companies for Kid Market
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies AI robot toy companies for kid market cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the AI robot toy companies for kid market profiled in this report include-
• WowWee
• ROYBI
• Elenco Electronics
• Wonder Workshop
• Miko 3
• SunFounder
• Top Race,
• Aibo
• Living AI
• Unitree
Recent Development in the AI Robot Toy for Kid Market
• Mattel: Mattel has launched AI-powered robot toys under its Fisher-Price brand, focusing on STEM education. These toys are designed to engage children in interactive learning experiences, teaching coding and problem-solving skills through play. Mattel’s initiative aligns with educational trends emphasizing early exposure to technology and STEM concepts.
• Lego: Lego has partnered with educational institutions to develop AI-integrated robot kits, such as the Lego Mindstorms series. These kits allow children to build and program their own robots, fostering creativity and technical skills. Supported by government funding, Lego aims to enhance STEM education and inspire the next generation of engineers and programmers.
• Sony: Sony introduced AI robot companions for children, like the Aibo robot dog. These robots combine entertainment with educational value, offering interactive features that respond to children’s commands and behaviors. Sony’s initiative targets the growing market for educational and interactive toys, leveraging advanced AI technology to create engaging play experiences.
• Xiaomi: Xiaomi launched a new line of AI robot toys, focusing on interactive learning and smart play. These toys are equipped with voice recognition and adaptive learning capabilities, providing personalized educational content. Supported by government policies encouraging tech-driven educational tools, Xiaomi aims to capture a significant share of the growing AI toy market.
• Anki: Anki developed Cozmo, an AI-powered robot toy designed to teach children coding and robotics through interactive play. Cozmo’s AI capabilities enable it to recognize faces, navigate its environment, and perform various tasks, offering a hands-on learning experience. Anki’s initiative aims to make STEM education fun and accessible, promoting interest in technology from an early age.
Features of the Global AI Robot Toy for Kid Market
Market Size Estimates: AI robot toy for kid market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: AI robot toy for kid market size by type, application, and region in terms of value ($B).
Regional Analysis: AI robot toy for kid market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions of the AI robot toy for kid market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the AI robot toy for kid market.
Análisis de la intensidad competitiva de la industria basada en el modelo de cinco fuerzas de Porter.
Preguntas frecuentes
Q1. What is the growth forecast for AI robot toy for kid market?
Answer: The global AI robot toy for kid market is expected to grow with a CAGR of 14.7% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the AI robot toy for kid market?
Answer: The major drivers for this market are rising adoption of educational toys and increasing popularity of AI robot toys for entertainment & learning experiences.
Q3. What are the major segments for AI robot toy for kid market?
Answer: The future of the AI robot toy for kid market looks promising with opportunities in the online sale and offline sale markets.
Q4. Who are the key AI robot toy companies for kid market?
Answer: Some of the key AI robot toy companies for kid market are as follows:
• WowWee
• ROYBI
• Elenco Electronics
• Wonder Workshop
• Miko 3
• SunFounder
• Top Race,
• Aibo
• Living AI
• Unitree
Q5. Which AI robot toy for kid market segment will be the largest in future?
Answer: Lucintel forecasts that mobile is expected to witness higher growth over the forecast period.
Q6. In AI robot toy for kid market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness the highest growth over the forecast period.
Q7. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities of the AI robot toy for kid market by type (mobile and immobile), application (online sales and offline sales), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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