K-12 Makerspace Material Trends and Forecast
The future of the global K-12 makerspace material market looks promising with opportunities in the elementary school, middle school, and high school markets. The global K-12 makerspace material market is expected to grow with a CAGR of 9.2% from 2024 to 2030. The major drivers for this market are introduction of advanced materials for makerspaces, growing focus on curriculum aligned with makerspace principles, and increasing number of individual buyers for makerspace materials.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
K-12 Makerspace Material by Segment
The study includes a forecast for the global K-12 makerspace material by product, end use, and region.
K-12 Makerspace Material Market by Product [Shipment Analysis by Value from 2018 to 2030]:
• Robotic Toolkit
• Construction Materials
• Arts & Crafts Materials
• Other
K-12 Makerspace Material Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
• Elementary School
• Middle School
• High School
• Others
K-12 Makerspace Material Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of K-12 Makerspace Material Companies
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 K-12 makerspace material companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the K-12 makerspace material companies profiled in this report include-
• Arcbotics
• Basic
• Boxlight
• Chibitronics
• Eduscape
• Elenco Electronics
• Engino.Net
• Follett
• Goldieblox
• Innovation First
K-12 Makerspace Material Market Insights
Lucintel forecasts that robotics toolkits is expected to witness highest growth over the forecast period.
Within this market, elementary school will remain the largest segment.
North America is expected to witness highest growth over the forecast period.
Features of the Global K-12 Makerspace Material Market
Market Size Estimates: K-12 makerspace material market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: K-12 makerspace material market size by product, end use, and region in terms of value ($B).
Regional Analysis: K-12 makerspace material market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, end uses, and regions for the K-12 makerspace material market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the K-12 makerspace material market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the growth forecast for K-12 makerspace material market?
Answer: The global K-12 makerspace material market is expected to grow with a CAGR of 9.2% from 2024 to 2030.
Q2. What are the major drivers influencing the growth of the K-12 makerspace material market?
Answer: The major drivers for this market are introduction of advanced materials for makerspaces, growing focus on curriculum aligned with makerspace principles, and increasing number of individual buyers for makerspace materials.
Q3. What are the major segments for K-12 makerspace material market?
Answer: The future of the K-12 makerspace material market looks promising with opportunities in the elementary school, middle school, and high school markets.
Q4. Who are the key K-12 makerspace material market companies?
Answer: Some of the key K-12 makerspace material companies are as follows:
• Arcbotics
• Basic
• Boxlight
• Chibitronics
• Eduscape
• Elenco Electronics
• Engino.Net
• Follett
• Goldieblox
• Innovation First
Q5. Which K-12 makerspace material market segment will be the largest in future?
Answer: Lucintel forecasts that robotics toolkits is expected to witness highest growth over the forecast period.
Q6. In K-12 makerspace material market, which region is expected to be the largest in next 5 years?
Answer: North America is expected to witness 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 for the K-12 makerspace material market by product (robotic toolkit, construction materials, arts & crafts materials, and other), end use (elementary school, middle school, high school, and others), 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?
For any questions related to K-12 Makerspace Material Market, K-12 Makerspace Material Market Size, K-12 Makerspace Material Market Growth, K-12 Makerspace Material Market Analysis, K-12 Makerspace Material Market Report, K-12 Makerspace Material Market Share, K-12 Makerspace Material Market Trends, K-12 Makerspace Material Market Forecast, K-12 Makerspace Material Companies, write Lucintel analyst at email: helpdesk@lucintel.com. We will be glad to get back to you soon.