How Has the K-12 Makerspace Materials Market Size Evolved in Recent Years?
The k-12 makerspace materials market has seen considerable growth due to a variety of factors.
• The K-12 makerspace materials market has experienced strong growth in recent years. It will increase from $1.02 billion in 2024 to $1.11 billion in 2025, reflecting a CAGR of 9.4%.
This growth is due to increasing parental demand, the focus on sustainability, market expansion into new regions, private funding, and the integration of makerspaces into educational curriculums.
What Are The Predictions for The K-12 Makerspace Materials Market in the Coming Years?
The k-12 makerspace materials market is expected to maintain its strong growth trajectory in upcoming years.
• The K-12 makerspace materials market is projected to see robust growth, reaching $1.58 billion by 2029, with a CAGR of 9.1%.
This growth is driven by a focus on STEM education, government funding, after-school programs, and personalized learning. Trends include technological advancements, EdTech integration, drone use, 3D printing, and virtual/augmented reality integration.
Which Drivers Are Accelerating Growth In The K-12 Makerspace Materials Market?
The rising demand for online education is expected to contribute to the growth of the K–12 makerspace materials market. Makerspace materials support hands-on learning, fostering creativity and innovation. For instance, Eurostat reported in January 2024 that 30% of EU internet users participated in online learning, marking a 2% increase from 2022. This growing online education trend is driving the makerspace materials market.
What Are The Core Segments Of The Global K-12 Makerspace Materials Market?
The K-12 makerspace materials market covered in this report is segmented –
1) By Product Type: Robotic Toolkit, Construction Materials, Art And Craft Materials, Other Materials
2) By Application: Pr?-?r?m?r? S?h??l, Pr?m?r? S?h??l, Middle S?h??l, High S?h??l
3) By End-User: Classroom, Cafeteria, Library, Office, Other End-Users
Subsegments:
1) By Robotic Toolkit: Robotics Kits (Programming And Building Robots), Motors And Sensors, Microcontrollers And Circuit Boards, Arduino And Raspberry Pi Kits
2) By Construction Materials: Building Blocks (LEGO, K'NEX), Wood, Plastics, And Metal Sheets, 3D Printer Filament, Fasteners (Screws, Bolts, Nuts)
3) By Art And Craft Materials: Paints, Brushes, And Markers, Paper, Cardboard, And Fabric, Glue, Tape, And Scissors, Modeling Clay And Sculpture Materials
4) By Other Materials: Electronic Components (LEDs, Wires, Resistors), Educational Software And Apps, Textiles And Sewing Kits, STEM Kits
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How Are New Trends Impacting The Size Of The K-12 Makerspace Materials Market?
Leading businesses in the K-12 makerspace materials sector are devising innovative methods such as AI-based course material to increase the effectiveness of STEM education and stimulate innovation among students. The AI-based curriculum uses artificial intelligence techniques and tools to customize teaching, adapt to the needs of individual students, offer instant feedback, and maximize educational results. For example, Kinderlab Robotics, a US firm specializing in K-12 makerspace materials, introduced 'Thinking with KIBO' in September 2023, an AI curriculum tailored for young students. Key learning outcomes of the curriculum consist of recognizing that AI is a human-made tool, understanding that AI systems make decisions based on rules and inputs, acknowledging that AI doesn’t possess human-like thinking capabilities and isn’t a living entity, and realizing that AI can assist people in tackling complicated issues. It is designed to help students studying in grades 1-3 to understand the operation of AI tools and foster critical thinking about their potential social consequences. The curriculum is dedicated to explaining the mechanics of AI to kids via engaging activities that feature the KIBO robot.
Who Are the Key Players In The K-12 Makerspace Materials Market?
Major companies operating in the K-12 makerspace materials market are:
• Autodesk Inc.
• Follett Corp.
• Crayola LLC
• Stratasys Ltd.
• Lakeshore Learning Materials
• Makerbot Industries LLC
• Hand2Mind
• Makeblock Co. Ltd.
• Innovation First International Inc.
• Ozobot
• SparkFun
• Pitsco Inc.
• Sphero Inc.
• Osmo
• Wonder Workshop Inc.
• Eduporium inc.
• Sakura
• Kano Technology
• FableVision Inc.
• Prisma Colour Ltd.
• LEGO Group
• BirdBrain Technologies LLC
• Engino Ltd.
• Makey Makey LLC
• Thames & Kosmos LLC
What Are The Regional Insights Into The K-12 Makerspace Materials Market?
Asia-Pacific was the largest region in the K-12 makerspace materials market in 2023. The regions covered in the K-12 makerspace materials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
