STEM Toys Market Size to Grow by USD 964.09 Mn, Advancement of Collaborative Environment in Educational Institutions to Boost Growth - Technavio

2022-10-08 13:37:35 By : Mr. zhi chuang yu

NEW YORK , Sept. 28, 2022 /PRNewswire/ -- The science, technology, engineering, and mathematics (STEM) toys market size is expected to grow by USD 964.09 million from 2020 to 2025. In addition, the growth momentum of the market will accelerate at a CAGR of 5% during the forecast period, according to Technavio. The market is fragmented, and the vendors are deploying organic and inorganic growth strategies to compete in the market.

Our report summary describes the market size and forecast along with research methodology. The FREE sample report is available in PDF format

Science, Technology, Engineering, and Mathematics (STEM) Toys Market 2021-2025: Scope

The science, technology, engineering, and mathematics (STEM) toys market report covers the following areas:

Science, Technology, Engineering, and Mathematics (STEM) Toys Market size

Science, Technology, Engineering, and Mathematics (STEM) Toys Market trends

Science, Technology, Engineering, and Mathematics (STEM) Toys Market industry analysis

Science, Technology, Engineering, and Mathematics (STEM) Toys Market 2021-2025: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the science, technology, engineering, and mathematics (STEM) toys market, including Elenco Electronics Inc., Hasbro Inc., Johnco Productions Pty Ltd., LEGO System AS, Learning Resources Ltd., Melissa & Doug LLC, Mattel Inc., Smartivity Labs Pvt. Ltd., Ravensburger AG, and Spin Master Corp. The key offerings of a few of these vendors are listed below:

Elenco Electronics Inc. - The company offers a range of STEM toys, such as the Snap Circuits Beginner, Snap Circuits Jr., Snap Circuits Select, and other toys.

Hasbro Inc. - The company offers a range of educational toys, such as the Proto Max interactive pet toy for kids, which enables learning of core STEM disciplines.

Johnco Productions Pty Ltd. - The company offers a range of STEM toys for kids, such as 4M -Green Science - Electro Torch, Techcraft - Paper Circuit Motor Race Kit, Techcraft -Sound & Light Kit, Thinkingkits - Magnet Science, and others.

Learning Resources Ltd. - The company offers a range of educational toys for kids, which enable the learning of core STEM concepts. The products include the Botley Coding Robot range, Beaker Creatures Liquid Reactor Super Lab, and Teaching Cash Register among others.

LEGO System AS - The company offers a range of educational toys for kids, which enable the learning of core STEM concepts. The products include the LEGO BOOST, LEGO DUPLO, Cargo Train, MINDSTORMS, and LEGO space sets and gear wheels among others.

This report provides a full list of key vendors, their strategies, and the latest developments. Buy Now to gain access to exclusive vendor information

Science, Technology, Engineering, and Mathematics (STEM) Toys Market 2021-2025: Driver and Challenge

The advancement of a collaborative environment in educational institutions is driving the growth of the market. STEM toys enable teachers and students to link core concepts such as statistics, critical thinking, creativity, and argumentation with game-based learning and practical examples.

The intense competition from mobile games will challenge the science, technology, engineering, and mathematics (STEM) toys market during the forecast period. Several game-based learning software and applications have emerged in the market, which is expected to hamper the growth of the market.

Science, Technology, Engineering, and Mathematics (STEM) Toys Market 2021-2025: Segmentation

Learn about the contribution of each segment of the market. View a FREE PDF Sample Report

Science, Technology, Engineering, and Mathematics (STEM) Toys Market 2021-2025: Revenue-generating Distribution Channel Segments

The offline segment will be the largest contributor to market growth during the forecast period. This growth is attributed to factors such as a shift from traditional exams to a concept-oriented approach.

Science, Technology, Engineering, and Mathematics (STEM) Toys Market 2021-2025: Key Highlights

CAGR of the market during the forecast period

Detailed information on factors that will help the science, technology, engineering, and mathematics (STEM) toys market grow

Estimation of the size of the science, technology, engineering, and mathematics (STEM) toys market and its contribution to the parent market

Forecasts on upcoming trends and changes in consumer behavior

Analysis of the market's competitive landscape and detailed information on vendors

Comprehensive details of factors that will challenge the growth of science, technology, engineering, and mathematics (STEM) toys market vendors

E-learning Courses Market by End-user and Geography - Forecast and Analysis 2022-2026: The e-learning courses market share is expected to increase by USD 109.05 billion from 2021 to 2026.

K-12 Robotic Toolkits Market by School Level and Geography - Forecast and Analysis 2022-2026: The k-12 robotic toolkits market share is expected to increase by USD 410.17 million from 2021 to 2026.

Science, Technology, Engineering, And Mathematics (STEM) Toys Market Scope

Accelerate at a CAGR of 5%

APAC, North America, Europe, MEA, and South America

US, Japan, China, France, and Canada

Leading companies, competitive strategies, consumer engagement scope

Elenco Electronics Inc., Hasbro Inc., Johnco Productions Pty Ltd., Learning Resources Ltd., LEGO System AS, Mattel Inc., Melissa & Doug LLC, Ravensburger AG, Smartivity Labs Pvt. Ltd., and Spin Master Corp.

Parent market analysis, market growth inducers and obstacles, fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, and market condition analysis for the forecast period.

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

Browse Consumer Discretionary Market Reports

Market outlook: Forecast for 2020 - 2025

Market Segmentation by Distribution channel

Offline - Market size and forecast 2020-2025

Online - Market size and forecast 2020-2025

Market opportunity by Distribution channel

APAC - Market size and forecast 2020-2025

North America - Market size and forecast 2020-2025

Europe - Market size and forecast 2020-2025

MEA - Market size and forecast 2020-2025

South America - Market size and forecast 2020-2025

Currency conversion rates for US$

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Technavio Research Jesse Maida Media & Marketing Executive US: +1 844 364 1100 UK: +44 203 893 3200 Email: media@technavio.com Website: www.technavio.com/ Newsroom: newsroom.technavio.org/news/science-technology-engineering-and-mathematics-stem-toysmarket

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