Market Overview
The growth in the concept of robotics and electrical engineering is estimated to spur the demand for courses on mechatronics and robotics. Reports that investigate the information and communication industry have been presented by Market Research Future, which produces reports on industry verticals that appraise the market expansion and prospects. The market is anticipated to gain a CAGR of 15 % in the estimated period.
The increasing emphasis being placed on the courses is promoting the enrolment rate for mechatronics and robotics in the upcoming period. The growing use of mechatronics by OEMs is anticipated to guide the market growth for mechatronics and robotics courses in the impending period.
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Segmental Analysis
The segmentation of the mechatronics and robotics courses market is segmented on the basis of platform, region, and application. On the basis of the platform, the mechatronics and robotics courses market are segmented into online and offline. The application segment of the mechatronics and robotics courses market is segmented into space, automotive, manufacturing, drones, and others. The others segment in the mechatronics and robotics courses market comprises of electronics and electrical applications. Based on the regions, the mechatronics and robotics courses market is segmented into Asia Pacific, North America, Europe, and Rest of the World.
Key Players
The central companies shaping the Mechatronics and Robotics Courses Market are Bosch Rexroth (Germany), British Columbia Institute of Technology (Canada), ARM Holdings (United Kingdom), Hennepin Technical College (U.S.), ABB (Switzerland), Amtek Industries (UAE), Novatech Robo Pvt Ltd (India), KUKA Robotics (Germany), Siemens (Germany), and others.
Detailed Regional Analysis
The regional assessment of the mechatronics and robotics courses market covers regions such as Asia Pacific, North America, Europe, and the other regions. As per the analysis, it has been observed that the North American region in the mechatronics and robotics courses market is estimated to advance at the highest CAGR. The European regional market is responsible for a substantial share in the mechatronics and robotics courses market. The Asia Pacific market is anticipated to flourish at the highest CAGR. The increase in the number of small & medium education institutes that encourage mechatronics and robotics learning and developments in robotics and mechatronics subjects are some of the momentous factors increasing the mechatronics and robotics courses market in the region.
Competitive Analysis
The formation of beneficial commerce strategies by quite a few countries is anticipated to amend the market’s growth perspective. The market’s development is dictated by the influence of market forces at play. The geopolitical conflicts and strategies are further intensified by the power tussles in international governments. The developments in the manufacturing sector in terms of equipment and facility space are expected to bolster the market’s development in the forecast period. The market is right now experiencing a chapter of dramatic developments. The revolution noticed in the economies of numerous emerging nations is anticipated to push the market’s development in the forecast period. The need to stabilize the market conditions is expected to be a primary concern in the period of the forecast. Also, the consumer trends are anticipated to boost the market expansion in the coming years.
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Industry Updates
Mar 2019 The University of Essex, United Kingdom, is geared up to unveil an innovative course named Bachelor’s in Engineering in Mechatronic Systems, an interdisciplinary field of mechanical, electrical, robotics, computer engineering, electronics, telecommunication systems, and product engineering. The course will impart students with knowledge to build, design, and test robotic systems and the structural frame.
Sep 2019 A two-year at no cost course on robotics is being conducted in Yediyur Government Primary School in Bengaluru. The program offers free kits and equipment that are provided to students pursuing robotics. The whole course is segmented into dual stages, and the kits are offered on the basis of stage.
LIST OF TABLES
Table 1 Global Mechatronics And Robotics Courses Market: By Region, 2017-2023
Table 2 North America Mechatronics And Robotics Courses Market: By Country, 2017-2023
Table 3 Europe Mechatronics And Robotics Courses Market: By Country, 2017-2023
Table 4 Asia Pacific Mechatronics And Robotics Courses Market: By Country, 2017-2023
Table 5 Rest Of The World Mechatronics And Robotics Courses Market: By Country, 2017-2023
Continued……
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LIST OF FIGURES
FIGURE 1 Global Mechatronics And Robotics Courses Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Five Forces Analysis Of Global Mechatronics And Robotics Courses Market
FIGURE 4 Value Chain Of Global Mechatronics And Robotics Courses Market
FIGURE 5 Share Of Global Mechatronics And Robotics Courses Market In 2017, By Country (In %)
Continued…….
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