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Global Mechatronics And Robotics Courses Market Size By Mode (Online Training, Blended Training), Course Type (Formal Education, Informal Education), By Geographic Scope And Forecast


Published on: 2024-08-07 | No of Pages : 320 | Industry : latest updates trending Report

Publisher : MIR | Format : PDF&Excel

Global Mechatronics And Robotics Courses Market Size By Mode (Online Training, Blended Training), Course Type (Formal Education, Informal Education), By Geographic Scope And Forecast

Mechatronics And Robotics Courses Market Size And Forecast

Mechatronics And Robotics Courses Market size was valued at USD 1.41 Billion in 2024 and is projected to reach USD 2.25 Billion by 2031, growing at a CAGR of 6.63% from 2024 to 2031.

The increasing popularity of mechatronics and robotics workshops, task-based learning, and the advent of modular mechatronics training modules are the key drivers for the Global Mechatronics And Robotics Courses Market. The increasing application of mechatronics and robotics in original equipment manufacturing is another major factor driving demands for Mechatronics And Robotics Courses. The Global Mechatronics And Robotics Courses Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.

Global Mechatronics And Robotics Courses Market Definition

Mechatronics is a versatile field of science that includes a combination of various subjects, such as electronics, mechanical engineering, computer engineering, telecommunications engineering, systems engineering, and control engineering. The electronics computers and processors help to monitor and control. The integration of these electronic and mechanical components offers high-end electromechanical systems. Medical devices, autonomous vehicles, and autonomous transports use these electromechanical components.

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Global Mechatronics And Robotics Courses Market Overview

The integration of electronic and mechanical components (mechatronics) makes it possible to design intelligent, versatile, and reliable electromechanical systems like medical devices, autonomous vehicles, aircraft simulators, industrial robots, automated assembly lines, and building control systems. Hence, skills in Mechatronics will be in high demand during the forecasted period. To eliminate human error, increased adoption of automation technologies is realized in various industrial sectors; this drives the global market for mechatronics and robotics courses.

Many enterprises and industries have low expenditure for new investments; The cost of deploying Mechatronics and robotics is a restraining factor for the market. However, an upsurge in the R&D activities in the mechatronics and robotics field and their usefulness in a wide range of applications is anticipated to impact the Mechatronics And Robotics Courses Market positively during the forecasted period.

Global Mechatronics And Robotics Courses MarketSegmentation Analysis

The Global Mechatronics And Robotics Courses Market is Segmented on the basis of Mode, Course Type, And Geography.

Mechatronics And Robotics Courses Market, By Mode

  •  Online Training
  •  Blended Training

Based on Mode, The market is segmented into Online Training and Blended Training. Blended training dominates the market due to its offering of practical knowledge. However, with the commencement of online courses and workshops, the trend is shifting towards Online training, and this mode is anticipated to lead the market during the forecasted period.

Mechatronics And Robotics Courses Market, By Course Type

  •  Formal Education
  •  Informal Education

Based on Course Type, The market is segmented into Formal Education and Informal Education. Informal education is expected to hold the highest shares in the Mechatronics And Robotics Courses Market during the forecasted period, as people are driving more toward experiential-based learning than merely just getting a degree.

Mechatronics And Robotics Courses Market, By Geography

  •  North America
  •  Europe
  •  Asia Pacific
  •  Rest of the world

On the basis of Geography, The Global Mechatronics And Robotics Courses Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The North American market is anticipated to register the highest market share with a strong CAGR value during the forecasted period due to the presence of prominent players in the region. Furthermore, the Asia Specific region is expected to reach its highest CAGR during the forecast period ascribed to the development and growth of institutes providing mechatronics and robotics courses in the region.

Key Players

The “Global Mechatronics And Robotics Courses Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Ametek Industries, ARM Holdings, Hennepin Technical College, KUKA Robotics, Novatech Robo Pvt Ltd, British Columbia Institute of Technology, Bosch Rexroth, ABB, Technisys, Yaskawa Academy, Hennepin Technical College, Mechatronics Labs S.r.l., Swinburne, University of Technology, Kocaeli Özel ENKA Teknik Okulları, RoboTkar, Siemens. Etc.

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

Key Developments

  •  May 2022, The Indian Institute of Technology Gandhinagar, together with L and T Technology Services Limited, an engineering services company, is likely to collaborate to incubate and develop solutions in Artificial Intelligence (AI) and mechatronics sector. The delegations from LTTS and IITGN discussed plans to set up labs, carry out joint projects, include students through internships and other mechanisms, and conduct workshops and seminars in smart manufacturing, robotics, bio-mechatronics, and ‘intelligent’ products and systems.
  •  May 2022, Governor Kathy Hochul attended and announced the grand opening of the Finger Lakes Workforce Development Center on Monroe Community College’s Downtown Campus. The $11.4 million 50,000-square-foot, state-of-the-art Finger Lakes Workforce Development Center focuses on short-term and accelerated, technology-oriented training programs that place individuals in high-demand jobs within advanced manufacturing, information technology, skilled trades, apprenticeship-related instruction, and professional services.

Report Scope

REPORT ATTRIBUTESDETAILS
Study Period

2021-2031

Base Year

2024

Forecast Period

2024-2031

HISTORICAL PERIOD

2021-2023

UNIT

Value (USD Billion)

Key Companies Profiled

Ametek Industries, ARM Holdings, Hennepin Technical College, KUKA Robotics, Novatech Robo Pvt Ltd, British Columbia Institute of Technology.

Segments Covered

• By Mode• By Course Type• By Geography

Customization scope

Free report customization (equivalent up to 4 analyst’s working days) with purchase. Addition or alteration to country, regional & segment scope.

Research Methodology of Market Research

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Reasons to Purchase this Report

  •  Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
  •  Provision of market value (USD Billion) data for each segment and sub-segment
  •  Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
  •  Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
  •  Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
  •  Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
  •  The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
  •  Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
  •  Provides insight into the market through Value Chain
  •  Market dynamics scenario, along with growth opportunities of the market in the years to come
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Table of Content

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To get a detailed Table of content/ Table of Figures/ Methodology Please contact our sales person at ( chris@marketinsightsresearch.com )