+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
New

Global Science, Technology, Engineering and Mathematics (STEM) Toys Market 2023-2027

  • PDF Icon

    Report

  • 120 Pages
  • November 2022
  • Region: Global
  • TechNavio
  • ID: 5027243
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The science, technology, engineering and mathematics (STEM) toys market is poised to grow by $1,653.71 million during 2023-2027, accelerating at a CAGR of 7.12% during the forecast period. The market is driven by the growth of a collaborative environment in educational institutions, the rising adoption of STEM toys as teaching aids, and strong growth in online sales.

This report on the science, technology, engineering and mathematics (STEM) toys 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 global market scenario, the latest trends and drivers, and the overall market environment.

The science, technology, engineering and mathematics (STEM) toys market is segmented as below:

By Distribution Channel

  • Offline
  • Online

By Type

  • STEM electromechanical systems
  • STEM electronics
  • STEM robotics

By Geography

  • APAC
  • North America
  • Europe
  • Middle East and Africa
  • South America
This study identifies the introduction of subscription services for STEM toys as one of the prime reasons driving the science, technology, engineering and mathematics (STEM) toys market growth during the next few years. Also, the growing popularity of coding robot toys and the rising application of ai in STEM toys will lead to sizable demand in the market.

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

  • Science, technology, engineering and mathematics (STEM) toys market sizing
  • Science, technology, engineering and mathematics (STEM) toys market forecast
  • Science, technology, engineering and mathematics (STEM) toys 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 science, technology, engineering and mathematics (STEM) toys market vendors that include All-Star Learning Inc., Elenco Electronics Inc., Evertoys, Evollve Inc., Fat Brain Toys LLC., Fun Express LLC, Funvention Learning Pvt. Ltd., Johnco, Learning Resources Ltd., LEGO SySTEM AS, Mattel Inc., Melissa and Doug, Mindware Inc., Pegasus Toykraft Pvt. Ltd., Scientifics Direct Inc., Smartivity Labs Pvt. Ltd., Spin Master Corp., Tangible Play Inc., Timbuk Toys, and Xinxiang Alpha Manufacturing Ltd. . Also, the science, technology, engineering and mathematics (STEM) toys 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 analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources through 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 analyst's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.

Table of Contents

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 Geography
Exhibit 05: Executive Summary - Chart on Market Segmentation by Distribution Channel
Exhibit 06: Executive Summary - Chart on Market Segmentation by Type
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 2022
3.4 Market outlook: Forecast for 2022-2027
Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)
4 Historic Market Size
4.1 Global science, technology, engineering and mathematics (STEM) toys market 2017 - 2021
Exhibit 18: Historic Market Size - Data Table on Global science, technology, engineering and mathematics (STEM) toys market 2017 - 2021 ($ million)
4.2 Geography Segment Analysis 2017 - 2021
Exhibit 19: Historic Market Size - Geography Segment 2017 - 2021 ($ million)
4.3 Distribution channel Segment Analysis 2017 - 2021
Exhibit 20: Historic Market Size - Distribution channel Segment 2017 - 2021 ($ million)
4.4 Type Segment Analysis 2017 - 2021
Exhibit 21: Historic Market Size - Type Segment 2017 - 2021 ($ million)
4.5 Country Segment Analysis 2017 - 2021
Exhibit 22: Historic Market Size - Country Segment 2017 - 2021 ($ million)
5 Five Forces Analysis
5.1 Five forces summary
Exhibit 23: Five forces analysis - Comparison between 2022 and 2027
5.2 Bargaining power of buyers
Exhibit 24: Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
5.3 Bargaining power of suppliers
Exhibit 25: Bargaining power of suppliers - Impact of key factors in 2022 and 2027
5.4 Threat of new entrants
Exhibit 26: Threat of new entrants - Impact of key factors in 2022 and 2027
5.5 Threat of substitutes
Exhibit 27: Threat of substitutes - Impact of key factors in 2022 and 2027
5.6 Threat of rivalry
Exhibit 28: Threat of rivalry - Impact of key factors in 2022 and 2027
5.7 Market condition
Exhibit 29: Chart on Market condition - Five forces 2022 and 2027
6 Market Segmentation by Distribution Channel
6.1 Market segments
Exhibit 30: Chart on Distribution Channel - Market share 2022-2027 (%)
Exhibit 31: Data Table on Distribution Channel - Market share 2022-2027 (%)
6.2 Comparison by Distribution Channel
Exhibit 32: Chart on Comparison by Distribution Channel
Exhibit 33: Data Table on Comparison by Distribution Channel
6.3 Offline - Market size and forecast 2022-2027
Exhibit 34: Chart on Offline - Market size and forecast 2022-2027 ($ million)
Exhibit 35: Data Table on Offline - Market size and forecast 2022-2027 ($ million)
Exhibit 36: Chart on Offline - Year-over-year growth 2022-2027 (%)
Exhibit 37: Data Table on Offline - Year-over-year growth 2022-2027 (%)
6.4 Online - Market size and forecast 2022-2027
Exhibit 38: Chart on Online - Market size and forecast 2022-2027 ($ million)
Exhibit 39: Data Table on Online - Market size and forecast 2022-2027 ($ million)
Exhibit 40: Chart on Online - Year-over-year growth 2022-2027 (%)
Exhibit 41: Data Table on Online - Year-over-year growth 2022-2027 (%)
6.5 Market opportunity by Distribution Channel
Exhibit 42: Market opportunity by Distribution Channel ($ million)
7 Market Segmentation by Type
7.1 Market segments
Exhibit 43: Chart on Type - Market share 2022-2027 (%)
Exhibit 44: Data Table on Type - Market share 2022-2027 (%)
7.2 Comparison by Type
Exhibit 45: Chart on Comparison by Type
Exhibit 46: Data Table on Comparison by Type
7.3 STEM electromechanical systems - Market size and forecast 2022-2027
Exhibit 47: Chart on STEM electromechanical systems - Market size and forecast 2022-2027 ($ million)
Exhibit 48: Data Table on STEM electromechanical systems - Market size and forecast 2022-2027 ($ million)
Exhibit 49: Chart on STEM electromechanical systems - Year-over-year growth 2022-2027 (%)
Exhibit 50: Data Table on STEM electromechanical systems - Year-over-year growth 2022-2027 (%)
7.4 STEM electronics - Market size and forecast 2022-2027
Exhibit 51: Chart on STEM electronics - Market size and forecast 2022-2027 ($ million)
Exhibit 52: Data Table on STEM electronics - Market size and forecast 2022-2027 ($ million)
Exhibit 53: Chart on STEM electronics - Year-over-year growth 2022-2027 (%)
Exhibit 54: Data Table on STEM electronics - Year-over-year growth 2022-2027 (%)
7.5 STEM robotics - Market size and forecast 2022-2027
Exhibit 55: Chart on STEM robotics - Market size and forecast 2022-2027 ($ million)
Exhibit 56: Data Table on STEM robotics - Market size and forecast 2022-2027 ($ million)
Exhibit 57: Chart on STEM robotics - Year-over-year growth 2022-2027 (%)
Exhibit 58: Data Table on STEM robotics - Year-over-year growth 2022-2027 (%)
7.6 Market opportunity by Type
Exhibit 59: Market opportunity by Type ($ million)
8 Customer Landscape
8.1 Customer landscape overview
Exhibit 60: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
9 Geographic Landscape
9.1 Geographic segmentation
Exhibit 61: Chart on Market share by geography 2022-2027 (%)
Exhibit 62: Data Table on Market share by geography 2022-2027 (%)
9.2 Geographic comparison
Exhibit 63: Chart on Geographic comparison
Exhibit 64: Data Table on Geographic comparison
9.3 APAC - Market size and forecast 2022-2027
Exhibit 65: Chart on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 66: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
Exhibit 67: Chart on APAC - Year-over-year growth 2022-2027 (%)
Exhibit 68: Data Table on APAC - Year-over-year growth 2022-2027 (%)
9.4 North America - Market size and forecast 2022-2027
Exhibit 69: Chart on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 70: Data Table on North America - Market size and forecast 2022-2027 ($ million)
Exhibit 71: Chart on North America - Year-over-year growth 2022-2027 (%)
Exhibit 72: Data Table on North America - Year-over-year growth 2022-2027 (%)
9.5 Europe - Market size and forecast 2022-2027
Exhibit 73: Chart on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 74: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
Exhibit 75: Chart on Europe - Year-over-year growth 2022-2027 (%)
Exhibit 76: Data Table on Europe - Year-over-year growth 2022-2027 (%)
9.6 Middle East and Africa - Market size and forecast 2022-2027
Exhibit 77: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 78: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
Exhibit 79: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
Exhibit 80: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
9.7 South America - Market size and forecast 2022-2027
Exhibit 81: Chart on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 82: Data Table on South America - Market size and forecast 2022-2027 ($ million)
Exhibit 83: Chart on South America - Year-over-year growth 2022-2027 (%)
Exhibit 84: Data Table on South America - Year-over-year growth 2022-2027 (%)
9.8 US - Market size and forecast 2022-2027
Exhibit 85: Chart on US - Market size and forecast 2022-2027 ($ million)
Exhibit 86: Data Table on US - Market size and forecast 2022-2027 ($ million)
Exhibit 87: Chart on US - Year-over-year growth 2022-2027 (%)
Exhibit 88: Data Table on US - Year-over-year growth 2022-2027 (%)
9.9 Japan - Market size and forecast 2022-2027
Exhibit 89: Chart on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 90: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
Exhibit 91: Chart on Japan - Year-over-year growth 2022-2027 (%)
Exhibit 92: Data Table on Japan - Year-over-year growth 2022-2027 (%)
9.10 China - Market size and forecast 2022-2027
Exhibit 93: Chart on China - Market size and forecast 2022-2027 ($ million)
Exhibit 94: Data Table on China - Market size and forecast 2022-2027 ($ million)
Exhibit 95: Chart on China - Year-over-year growth 2022-2027 (%)
Exhibit 96: Data Table on China - Year-over-year growth 2022-2027 (%)
9.11 France - Market size and forecast 2022-2027
Exhibit 97: Chart on France - Market size and forecast 2022-2027 ($ million)
Exhibit 98: Data Table on France - Market size and forecast 2022-2027 ($ million)
Exhibit 99: Chart on France - Year-over-year growth 2022-2027 (%)
Exhibit 100: Data Table on France - Year-over-year growth 2022-2027 (%)
9.12 Canada - Market size and forecast 2022-2027
Exhibit 101: Chart on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 102: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
Exhibit 103: Chart on Canada - Year-over-year growth 2022-2027 (%)
Exhibit 104: Data Table on Canada - Year-over-year growth 2022-2027 (%)
9.13 Market opportunity by geography
Exhibit 105: Market opportunity by geography ($ million)
10 Drivers, Challenges, and Trends
10.1 Market drivers
10.2 Market challenges
10.3 Impact of drivers and challenges
Exhibit 106: Impact of drivers and challenges in 2022 and 2027
10.4 Market trends
11 Vendor Landscape
11.1 Overview
11.2 Vendor landscape
Exhibit 107: Overview on Criticality of inputs and Factors of differentiation
11.3 Landscape disruption
Exhibit 108: Overview on factors of disruption
11.4 Industry risks
Exhibit 109: Impact of key risks on business
12 Vendor Analysis
12.1 Vendors covered
Exhibit 110: Vendors covered
12.2 Market positioning of vendors
Exhibit 111: Matrix on vendor position and classification
12.3 All Star Learning Inc.
Exhibit 112: All Star Learning Inc. - Overview
Exhibit 113: All Star Learning Inc. - Product / Service
Exhibit 114: All Star Learning Inc. - Key offerings
12.4 Elenco Electronics Inc.
Exhibit 115: Elenco Electronics Inc. - Overview
Exhibit 116: Elenco Electronics Inc. - Product / Service
Exhibit 117: Elenco Electronics Inc. - Key offerings
12.5 Evertoys
Exhibit 118: Evertoys - Overview
Exhibit 119: Evertoys - Product / Service
Exhibit 120: Evertoys - Key offerings
12.6 Evollve Inc.
Exhibit 121: Evollve Inc. - Overview
Exhibit 122: Evollve Inc. - Product / Service
Exhibit 123: Evollve Inc. - Key offerings
12.7 Fat Brain Toys LLC.
Exhibit 124: Fat Brain Toys LLC. - Overview
Exhibit 125: Fat Brain Toys LLC. - Product / Service
Exhibit 126: Fat Brain Toys LLC. - Key offerings
12.8 Fun Express LLC
Exhibit 127: Fun Express LLC - Overview
Exhibit 128: Fun Express LLC - Product / Service
Exhibit 129: Fun Express LLC - Key offerings
12.9 Funvention Learning Pvt. Ltd.
Exhibit 130: Funvention Learning Pvt. Ltd. - Overview
Exhibit 131: Funvention Learning Pvt. Ltd. - Product / Service
Exhibit 132: Funvention Learning Pvt. Ltd. - Key offerings
12.10 Johnco
Exhibit 133: Johnco - Overview
Exhibit 134: Johnco - Product / Service
Exhibit 135: Johnco - Key offerings
12.11 Learning Resources Ltd.
Exhibit 136: Learning Resources Ltd. - Overview
Exhibit 137: Learning Resources Ltd. - Product / Service
Exhibit 138: Learning Resources Ltd. - Key offerings
12.12 LEGO System AS
Exhibit 139: LEGO System AS - Overview
Exhibit 140: LEGO System AS - Product / Service
Exhibit 141: LEGO System AS - Key news
Exhibit 142: LEGO System AS - Key offerings
12.13 Mattel Inc.
Exhibit 143: Mattel Inc. - Overview
Exhibit 144: Mattel Inc. - Product / Service
Exhibit 145: Mattel Inc. - Key offerings
12.14 Melissa and Doug
Exhibit 146: Melissa and Doug - Overview
Exhibit 147: Melissa and Doug - Product / Service
Exhibit 148: Melissa and Doug - Key offerings
12.15 Mindware Inc.
Exhibit 149: Mindware Inc. - Overview
Exhibit 150: Mindware Inc. - Product / Service
Exhibit 151: Mindware Inc. - Key offerings
12.16 Pegasus Toykraft Pvt. Ltd.
Exhibit 152: Pegasus Toykraft Pvt. Ltd. - Overview
Exhibit 153: Pegasus Toykraft Pvt. Ltd. - Product / Service
Exhibit 154: Pegasus Toykraft Pvt. Ltd. - Key offerings
12.17 Xinxiang Alpha Manufacturing Ltd.
Exhibit 155: Xinxiang Alpha Manufacturing Ltd. - Overview
Exhibit 156: Xinxiang Alpha Manufacturing Ltd. - Product / Service
Exhibit 157: Xinxiang Alpha Manufacturing Ltd. - Key offerings
13 Appendix
13.1 Scope of the report
13.2 Inclusions and exclusions checklist
Exhibit 158: Inclusions checklist
Exhibit 159: Exclusions checklist
13.3 Currency conversion rates for US$
Exhibit 160: Currency conversion rates for US$
13.4 Research methodology
Exhibit 161: Research methodology
Exhibit 162: Validation techniques employed for market sizing
Exhibit 163: Information sources
13.5 List of abbreviations
Exhibit 164: List of abbreviations

Executive Summary

The analyst recognizes the following companies as the key players in the global science, technology, engineering and mathematics (STEM) toys market: All Star Learning Inc., Elenco Electronics Inc., Evertoys, Evollve Inc., Fat Brain Toys LLC., Fun Express LLC, Funvention Learning Pvt. Ltd., Johnco, Learning Resources Ltd., LEGO System AS, Mattel Inc., Melissa and Doug, Mindware Inc., Pegasus Toykraft Pvt. Ltd., Scientifics Direct Inc., Smartivity Labs Pvt. Ltd., Spin Master Corp., Tangible Play Inc., Timbuk Toys, and Xinxiang Alpha Manufacturing Ltd.

Commenting on the report, one of the report's analysts said: 'The latest trend gaining momentum in the market is the introduction of subscription services for STEM toys.'

According to the report, one of the major drivers for this market is the growth of a collaborative environment in educational institutions.

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 a SWOT analysis of the key vendors.

Companies Mentioned

A selection of companies mentioned in this report includes:

  • All Star Learning Inc.
  • Elenco Electronics Inc.
  • Evertoys
  • Evollve Inc.
  • Fat Brain Toys LLC.
  • Fun Express LLC
  • Funvention Learning Pvt. Ltd.
  • Johnco
  • Learning Resources Ltd.
  • LEGO System AS
  • Mattel Inc.
  • Melissa and Doug
  • Mindware Inc.
  • Pegasus Toykraft Pvt. Ltd.
  • Scientifics Direct Inc.
  • Smartivity Labs Pvt. Ltd.
  • Spin Master Corp.
  • Tangible Play Inc.
  • Timbuk Toys
  • Xinxiang Alpha Manufacturing Ltd.