Global K-12 Makerspace Materials Market 2024-2028

The K-12 makerspace materials market is forecasted to grow by USD 1866.45 mn during 2023-2028, accelerating at a CAGR of 9.52% during the forecast period. The report on the K-12 makerspace materials market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by advent of advanced makerspace materials, increasing emphasis on makerspace-aligned curriculum, and increased funding from private organizations.

Market Scope
Base Year	2023
End Year	2028
Series Year	2024-2028
Growth Momentum	Accelerate
YOY 2024	8.86%
CAGR	9.52%
Incremental Value	$1866.45mn

Technavio's K-12 makerspace materials market is segmented as below:

By Product

Robotic toolkit
Construction materials
Arts and crafts materials
Other materials

By End-user

Elementary school
Middle school
High school

By Geographical Landscape

APAC
Europe
North America
Middle East and Africa
South America

This study identifies the increasing emphasis on online makerspaces as one of the prime reasons driving the K-12 makerspace materials market growth during the next few years. Also, increased emphasis on mobile makerspaces and introduction of drones in K-12 robotic learning programs will lead to sizable demand in the market.

The report on the K-12 makerspace materials market covers the following areas:

K-12 makerspace materials market sizing
K-12 makerspace materials market forecast
K-12 makerspace materials market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading K-12 makerspace materials market vendors that include ArcBotics LLC, BASIC FUN Inc., Boxlight Corp, Chibitronics Inc., Eduscape, Elenco Electronics Inc., Engino.net Ltd., Follett Corp., GoldieBlox Inc., Innovation First International Inc., KEVA Planks Education, LEGO System AS, Makeblock Co. Ltd., Makey Makey LLC., Modular Robotics Inc., Qubits Toy, Sphero Inc., Squishy Circuits Store LLC., Stratasys Ltd., and Wonder Workshop Inc.. Also, the K-12 makerspace materials market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR44598

1 Executive Summary

1.1 Market overview
Exhibit 01: Executive Summary - Chart on Market Overview
Exhibit 02: Executive Summary - Data Table on Market Overview
Exhibit 03: Executive Summary - Chart on Global Market Characteristics
Exhibit 04: Executive Summary - Chart on Market By Geographical Landscape
Exhibit 05: Executive Summary - Chart on Market Segmentation by Product
Exhibit 06: Executive Summary - Chart on Market Segmentation by End-user
Exhibit 07: Executive Summary - Chart on Incremental Growth
Exhibit 08: Executive Summary - Data Table on Incremental Growth
Exhibit 09: Executive Summary - Chart on Vendor Market Positioning

2 Market Landscape

2.1 Market ecosystem
Exhibit 10: Parent market
Exhibit 11: Market Characteristics

3 Market Sizing

3.1 Market definition
Exhibit 12: Offerings of vendors included in the market definition
3.2 Market segment analysis
Exhibit 13: Market segments
3.3 Market size 2023
3.4 Market outlook: Forecast for 2023-2028
Exhibit 14: Chart on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2023-2028 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2023-2028 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2023-2028 (%)

4 Historic Market Size

4.1 Global K-12 makerspace materials market 2018 - 2022
Exhibit 18: Historic Market Size - Data Table on global k-12 makerspace materials market 2018 - 2022 ($ million)
4.2 Product Segment Analysis 2018 - 2022
Exhibit 19: Historic Market Size - Product Segment 2018 - 2022 ($ million)
4.3 End-user Segment Analysis 2018 - 2022
Exhibit 20: Historic Market Size - End-user Segment 2018 - 2022 ($ million)
4.4 Geography Segment Analysis 2018 - 2022
Exhibit 21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
4.5 Country Segment Analysis 2018 - 2022
Exhibit 22: Historic Market Size - Country Segment 2018 - 2022 ($ million)

5 Five Forces Analysis

5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2023 and 2028
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2023 and 2028
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2023 and 2028
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2023 and 2028
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2023 and 2028
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2023 and 2028

6 Market Segmentation by Product

6.1 Market segments
Exhibit 30: Chart on Product - Market share 2023-2028 (%)
Exhibit 31: Data Table on Product - Market share 2023-2028 (%)
6.2 Comparison by Product
Exhibit 32: Chart on Comparison by Product
Exhibit 33: Data Table on Comparison by Product
6.3 Robotic toolkit - Market size and forecast 2023-2028
Exhibit 34: Chart on Robotic toolkit - Market size and forecast 2023-2028 ($ million)
Exhibit 35: Data Table on Robotic toolkit - Market size and forecast 2023-2028 ($ million)
Exhibit 36: Chart on Robotic toolkit - Year-over-year growth 2023-2028 (%)
Exhibit 37: Data Table on Robotic toolkit - Year-over-year growth 2023-2028 (%)
6.4 Construction materials - Market size and forecast 2023-2028
Exhibit 38: Chart on Construction materials - Market size and forecast 2023-2028 ($ million)
Exhibit 39: Data Table on Construction materials - Market size and forecast 2023-2028 ($ million)
Exhibit 40: Chart on Construction materials - Year-over-year growth 2023-2028 (%)
Exhibit 41: Data Table on Construction materials - Year-over-year growth 2023-2028 (%)
6.5 Arts and crafts materials - Market size and forecast 2023-2028
Exhibit 42: Chart on Arts and crafts materials - Market size and forecast 2023-2028 ($ million)
Exhibit 43: Data Table on Arts and crafts materials - Market size and forecast 2023-2028 ($ million)
Exhibit 44: Chart on Arts and crafts materials - Year-over-year growth 2023-2028 (%)
Exhibit 45: Data Table on Arts and crafts materials - Year-over-year growth 2023-2028 (%)
6.6 Other materials - Market size and forecast 2023-2028
Exhibit 46: Chart on Other materials - Market size and forecast 2023-2028 ($ million)
Exhibit 47: Data Table on Other materials - Market size and forecast 2023-2028 ($ million)
Exhibit 48: Chart on Other materials - Year-over-year growth 2023-2028 (%)
Exhibit 49: Data Table on Other materials - Year-over-year growth 2023-2028 (%)
6.7 Market opportunity by Product
Exhibit 50: Market opportunity by Product ($ million)
Exhibit 51: Data Table on Market opportunity by Product ($ million)

7 Market Segmentation by End-user

7.1 Market segments
Exhibit 52: Chart on End-user - Market share 2023-2028 (%)
Exhibit 53: Data Table on End-user - Market share 2023-2028 (%)
7.2 Comparison by End-user
Exhibit 54: Chart on Comparison by End-user
Exhibit 55: Data Table on Comparison by End-user
7.3 Elementary school - Market size and forecast 2023-2028
Exhibit 56: Chart on Elementary school - Market size and forecast 2023-2028 ($ million)
Exhibit 57: Data Table on Elementary school - Market size and forecast 2023-2028 ($ million)
Exhibit 58: Chart on Elementary school - Year-over-year growth 2023-2028 (%)
Exhibit 59: Data Table on Elementary school - Year-over-year growth 2023-2028 (%)
7.4 Middle school - Market size and forecast 2023-2028
Exhibit 60: Chart on Middle school - Market size and forecast 2023-2028 ($ million)
Exhibit 61: Data Table on Middle school - Market size and forecast 2023-2028 ($ million)
Exhibit 62: Chart on Middle school - Year-over-year growth 2023-2028 (%)
Exhibit 63: Data Table on Middle school - Year-over-year growth 2023-2028 (%)
7.5 High school - Market size and forecast 2023-2028
Exhibit 64: Chart on High school - Market size and forecast 2023-2028 ($ million)
Exhibit 65: Data Table on High school - Market size and forecast 2023-2028 ($ million)
Exhibit 66: Chart on High school - Year-over-year growth 2023-2028 (%)
Exhibit 67: Data Table on High school - Year-over-year growth 2023-2028 (%)
7.6 Market opportunity by End-user
Exhibit 68: Market opportunity by End-user ($ million)
Exhibit 69: Data Table on Market opportunity by End-user ($ million)

8 Customer Landscape

8.1 Customer landscape overview
Exhibit 70: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

9 Geographic Landscape

9.1 Geographic segmentation
Exhibit 71: Chart on Market share By Geographical Landscape 2023-2028 (%)
Exhibit 72: Data Table on Market share By Geographical Landscape 2023-2028 (%)
9.2 Geographic comparison
Exhibit 73: Chart on Geographic comparison
Exhibit 74: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2023-2028
Exhibit 75: Chart on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 76: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
Exhibit 77: Chart on APAC - Year-over-year growth 2023-2028 (%)
Exhibit 78: Data Table on APAC - Year-over-year growth 2023-2028 (%)
9.4 Europe - Market size and forecast 2023-2028
Exhibit 79: Chart on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 80: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
Exhibit 81: Chart on Europe - Year-over-year growth 2023-2028 (%)
Exhibit 82: Data Table on Europe - Year-over-year growth 2023-2028 (%)
9.5 North America - Market size and forecast 2023-2028
Exhibit 83: Chart on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 84: Data Table on North America - Market size and forecast 2023-2028 ($ million)
Exhibit 85: Chart on North America - Year-over-year growth 2023-2028 (%)
Exhibit 86: Data Table on North America - Year-over-year growth 2023-2028 (%)
9.6 Middle East and Africa - Market size and forecast 2023-2028
Exhibit 87: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 88: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
Exhibit 89: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
Exhibit 90: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
9.7 South America - Market size and forecast 2023-2028
Exhibit 91: Chart on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 92: Data Table on South America - Market size and forecast 2023-2028 ($ million)
Exhibit 93: Chart on South America - Year-over-year growth 2023-2028 (%)
Exhibit 94: Data Table on South America - Year-over-year growth 2023-2028 (%)
9.8 US - Market size and forecast 2023-2028
Exhibit 95: Chart on US - Market size and forecast 2023-2028 ($ million)
Exhibit 96: Data Table on US - Market size and forecast 2023-2028 ($ million)
Exhibit 97: Chart on US - Year-over-year growth 2023-2028 (%)
Exhibit 98: Data Table on US - Year-over-year growth 2023-2028 (%)
9.9 China - Market size and forecast 2023-2028
Exhibit 99: Chart on China - Market size and forecast 2023-2028 ($ million)
Exhibit 100: Data Table on China - Market size and forecast 2023-2028 ($ million)
Exhibit 101: Chart on China - Year-over-year growth 2023-2028 (%)
Exhibit 102: Data Table on China - Year-over-year growth 2023-2028 (%)
9.10 Germany - Market size and forecast 2023-2028
Exhibit 103: Chart on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 104: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
Exhibit 105: Chart on Germany - Year-over-year growth 2023-2028 (%)
Exhibit 106: Data Table on Germany - Year-over-year growth 2023-2028 (%)
9.11 India - Market size and forecast 2023-2028
Exhibit 107: Chart on India - Market size and forecast 2023-2028 ($ million)
Exhibit 108: Data Table on India - Market size and forecast 2023-2028 ($ million)
Exhibit 109: Chart on India - Year-over-year growth 2023-2028 (%)
Exhibit 110: Data Table on India - Year-over-year growth 2023-2028 (%)
9.12 UK - Market size and forecast 2023-2028
Exhibit 111: Chart on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 112: Data Table on UK - Market size and forecast 2023-2028 ($ million)
Exhibit 113: Chart on UK - Year-over-year growth 2023-2028 (%)
Exhibit 114: Data Table on UK - Year-over-year growth 2023-2028 (%)
9.13 Market opportunity By Geographical Landscape
Exhibit 115: Market opportunity By Geographical Landscape ($ million)
Exhibit 116: Data Tables on Market opportunity By Geographical Landscape ($ million)

10 Drivers, Challenges, and Trends

10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 117: Impact of drivers and challenges in 2023 and 2028
10.4 Market trends

11 Vendor Landscape

11.1 Overview
11.2 Vendor landscape
Exhibit 118: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 119: Overview on factors of disruption
11.4 Industry risks
Exhibit 120: Impact of key risks on business

12 Vendor Analysis

12.1 Vendors covered
Exhibit 121: Vendors covered
12.2 Market positioning of vendors
Exhibit 122: Matrix on vendor position and classification
12.3 ArcBotics LLC
Exhibit 123: ArcBotics LLC - Overview
Exhibit 124: ArcBotics LLC - Product / Service
Exhibit 125: ArcBotics LLC - Key offerings
12.4 BASIC FUN Inc.
Exhibit 126: BASIC FUN Inc. - Overview
Exhibit 127: BASIC FUN Inc. - Product / Service
Exhibit 128: BASIC FUN Inc. - Key news
Exhibit 129: BASIC FUN Inc. - Key offerings
12.5 Chibitronics Inc.
Exhibit 130: Chibitronics Inc. - Overview
Exhibit 131: Chibitronics Inc. - Product / Service
Exhibit 132: Chibitronics Inc. - Key offerings
12.6 Elenco Electronics Inc.
Exhibit 133: Elenco Electronics Inc. - Overview
Exhibit 134: Elenco Electronics Inc. - Product / Service
Exhibit 135: Elenco Electronics Inc. - Key offerings
12.7 Engino.net Ltd.
Exhibit 136: Engino.net Ltd. - Overview
Exhibit 137: Engino.net Ltd. - Product / Service
Exhibit 138: Engino.net Ltd. - Key offerings
12.8 Follett Corp.
Exhibit 139: Follett Corp. - Overview
Exhibit 140: Follett Corp. - Product / Service
Exhibit 141: Follett Corp. - Key offerings
12.9 GoldieBlox Inc.
Exhibit 142: GoldieBlox Inc. - Overview
Exhibit 143: GoldieBlox Inc. - Product / Service
Exhibit 144: GoldieBlox Inc. - Key offerings
12.10 Innovation First International Inc.
Exhibit 145: Innovation First International Inc. - Overview
Exhibit 146: Innovation First International Inc. - Product / Service
Exhibit 147: Innovation First International Inc. - Key offerings
12.11 KEVA Planks Education
Exhibit 148: KEVA Planks Education - Overview
Exhibit 149: KEVA Planks Education - Product / Service
Exhibit 150: KEVA Planks Education - Key offerings
12.12 LEGO System AS
Exhibit 151: LEGO System AS - Overview
Exhibit 152: LEGO System AS - Product / Service
Exhibit 153: LEGO System AS - Key news
Exhibit 154: LEGO System AS - Key offerings
12.13 Makeblock Co. Ltd.
Exhibit 155: Makeblock Co. Ltd. - Overview
Exhibit 156: Makeblock Co. Ltd. - Product / Service
Exhibit 157: Makeblock Co. Ltd. - Key offerings
12.14 Makey Makey LLC.
Exhibit 158: Makey Makey LLC. - Overview
Exhibit 159: Makey Makey LLC. - Product / Service
Exhibit 160: Makey Makey LLC. - Key offerings
12.15 Sphero Inc.
Exhibit 161: Sphero Inc. - Overview
Exhibit 162: Sphero Inc. - Product / Service
Exhibit 163: Sphero Inc. - Key offerings
12.16 Stratasys Ltd.
Exhibit 164: Stratasys Ltd. - Overview
Exhibit 165: Stratasys Ltd. - Business segments
Exhibit 166: Stratasys Ltd. - Key offerings
Exhibit 167: Stratasys Ltd. - Segment focus
12.17 Wonder Workshop Inc.
Exhibit 168: Wonder Workshop Inc. - Overview
Exhibit 169: Wonder Workshop Inc. - Product / Service
Exhibit 170: Wonder Workshop Inc. - Key offerings

13 Appendix

13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 171: Inclusions checklist
Exhibit 172: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 173: Currency conversion rates for US$
13.4 Research methodology
Exhibit 174: Research methodology
Exhibit 175: Validation techniques employed for market sizing
Exhibit 176: Information sources
13.5 List of abbreviations
Exhibit 177: List of abbreviations