K-12 Makerspace Materials Market Scope
K-12 makerspace material is defined as the place in K-12 schools which allow students to create, invent, discover, tinker and explore new ideas using a wide-ranging of materials, often, referred to as K-12 makerspace materials. Various benefits of using K-12 makerspace materials for students such as engage students in hands-on projects, develop problem-solving skills and encourage self-direction, foster teamwork, decision-making, creativity, and higher-level thinking, support stem, social studies, and vocational education curriculum, among others. Rising adoption of modern methodologies of learning such as game-based learning, experiential learning, and blended learning are propelling the growth of the market. The market for K-12 maker space is expected to register a CAGR of over 16.2% during the forecast period.
The market study is being classified by Type (Robotic Toolkits, Construction Materials and Art and Craft Materials), by Application (Pre-primary School, Primary School, Middle School and High School) and major geographies with country level break-up.
The market is fragmented with numerous players focusing on technique and quality of the product due to which the global K-12 makerspace material market can witness an upsurge in the forecast period. Research Analyst at AMA predicts that United States Vendors will contribute to the maximum growth of Global K-12 Makerspace Materials market throughout the predicted period.
Follett Corporation (United States), GoldieBlox (United States), MakerBot Industries, LLC (United States), SparkFun Education (United States), littleBits (United States), K’NEX Education (United States), TechShop (United States), 3Dexter (India), LEGO Education (United States) and Raspberry Pi Foundation (United Kingdom) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Sphero (United States) and Basic Fun (United States).
AdvanceMarketAnalytics has segmented the market of Global K-12 Makerspace Materials market by Type, Application and Region.
On the basis of geography, the market of K-12 Makerspace Materials has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
In May 2016, the Follett Corporation (United States) Company has launched new makerspace bundles for K-12 Libraries. In addition, it encourages students’ inquiry and exploration through hands-on production. Hence, it will affect the growth of the market in the future
- Introduction of AR and VR Worldwide
- Increased Emphasis on Mobile Makerspaces
- Development of Shape Memory Alloys with High Fatigue Life
- Increasing Popularity of Maker Movement
- Increasing Emphasis on Makerspace-Aligned Curriculum
- Rising Demand from Emerging Economics such as China and India
- Government Initiatives to Expand the K-12 Makerspace Materials Market
- Issue related to High material costs
- Complexity in Managing Makerspaces
Key Target AudienceK-12 Makerspace Material Manufactures, K-12 Makerspace Material Suppliers and Distributors, Government Associations, Market Research and Consulting Firms and Government Regulatory Authorities
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