Global Mechatronics and Robotics Courses Market size was valued US$ XX Bn. in 2019 and the total revenue is expected to grow at 16.2% through 2019 to 2027, reaching nearly US$ XX Bn.
The report study has analyzed revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected in our analysis.
The mechatronics & robotics program is a unique, multidisciplinary grouping of courses that blends knowledge in mechanics, electronics, and computer programming to offer with both the theory and practical skills need to maintain and design mechatronic systems.
Global Mechatronics and Robotics Courses Market Dynamics:
The global mechatronics and robotics courses market dynamics are thoroughly studied and explained in the report, which helps the reader to understand emerging market trends, drivers, restraints, opportunities, and challenges at the global and regional level for the mechatronics and robotics courses market. Increasing application of mechatronics and robotics in original equipment manufacturers is one of the major factor driving demands for mechatronics and robotics courses. An upsurge in the R&D activities in the mechatronics and robotics field is predicted to have a positive impact on the mechatronics and robotics courses market during the forecast period. Increased adoption of automation technologies is realized in various industrial sectors to eliminate human error, therefore, driving the global market for mechatronics and robotics courses.
The Need for Mechatronics:
The world is rapidly moving towards a future where various mechanical products contain electronics and computers for monitoring or control. This integration of electronic and mechanical components, or mechatronics, makes it possible to design intelligent, reliable, versatile electromechanical systems like medical devices, aircraft simulators, industrial robots, automated assembly lines, autonomous vehicles and building control systems. Skills in Mechatronics will be in high demand in future.
Global Mechatronics and Robotics Courses Market Segmentation:
The report covers the segments in the mechatronics and robotics courses market such as mode and course type. By course type, formal education segment was valued at US$ X.24 Mn. in 2019 and is expected to reach at US$ XX.43 Mn. by 2027 at a CAGR of XX.34% over the forecast period. The presence of various institutions providing degrees in the field of mechatronics and robotics, the growing popularity, and high job prospects in the concepts of mechatronics and robotics subjects will fuel the growth of the market in this course type segment.
Global Mechatronics and Robotics Courses Market Regional Analysis:
Europe accounted for the largest market share in 2019, with a market value of US$ XX.38 Mn; the regional market is expected to register a CAGR of XX.7% during 2019-2027. This is because of large manufacturing-based companies in the region adopting mechatronics and robotics technologies and the growing demand for formal mechatronics and robotics education in the Baltic economies will drive the mechatronics and robotics courses market growth in Europe.
In recent years, major players in the mechatronics and robotics courses market have taken several strategic measures, such as facility expansions and partnerships. In March 2019, The University of Essex, UK, is geared up to unveil an innovative course named Bachelor’s in Engineering in Mechatronic Systems, an interdisciplinary field of electrical, robotics, computer engineering, mechanical, electronics, telecommunication systems, and product engineering. The course will teach students with the knowledge to design, build, and test robotic systems & the structural frame.
The objective of the report is to present a comprehensive analysis of the Global Mechatronics and Robotics Courses Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Mechatronics and Robotics Courses Market dynamics, structure by analyzing the market segments and projects the Global Mechatronics and Robotics Courses Market size. Clear representation of competitive analysis of key players by Application, price, financial position, Product portfolio, growth strategies, and regional presence in the Global Mechatronics and Robotics Courses Market make the report investor’s guide.
Scope of the Global Mechatronics and Robotics Courses Market:
Global Mechatronics and Robotics Courses Market, By Mode
• Blended training
• Online training
Global Mechatronics and Robotics Courses Market, By Course Type
• Formal education
• Informal education
Global Mechatronics and Robotics Courses Market, By Region
• Asia Pacific
• North America
• Latin America
• Middle East Africa
Key players operating in the Global Mechatronics and Robotics Courses Market
• ARM Holdings
• Novatech Robo Pvt Ltd
• Hennepin Technical College
• British Columbia Institute of Technology
• KUKA Robotics
• Bosch Rexroth
• Amtek Industries
• Hennepin Technical College
• Swinburne University of Technology
• Yaskawa Academy
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