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Global Science, Technology, Engineering and Mathematics (STEM) Toys Market 2019-2023 - Product Image

Global Science, Technology, Engineering and Mathematics (STEM) Toys Market 2019-2023

  • ID: 4749652
  • Report
  • Region: Global
  • 110 pages
  • TechNavio
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FEATURED COMPANIES

  • Hasbro
  • Learning Resources
  • LEGO Group
  • Mattel
  • Spin Master
  • MORE
Rising application of Al in STEM toys to drive market growth. The application of artificial intelligence (Al) in STEM toys has grown over the last few years. Al-powered STEM toys are becoming popular, especially among working parents. This is because these toys act as learning companions for children and offer customizability for a range of lessons in core STEM disciplines and coding. With the advent of cloud-based artificial intelligence software platforms, vendors can design smart STEM toys that can hold intelligent conversations with children. The analysts have predicted that the STEM toys market will register a CAGR of nearly 5% by 2023.

Market Overview

Rising adoption of STEM toys as teaching aids

Owing to the growing global shift in context-based learning in primary and secondary education, parents and teachers are encouraging the adoption of STEM toys as teaching aids. STEM toys offer a practical, hands-on learning approach for students, helping them grasp basic concepts in core disciplines such as science and mathematics. The growth in job opportunities corresponding to STEM disciplines has subsequently increased the demand for mass-market and specialty STEM toys in the education sector.

Increased adoption of stringent regulations and standards

The global STEM toys market is a highly regulated industry because the end-users are kids. Some STEM toys include complex mechanisms such as electronic gadgets and circuitry. Hence, toy associations and governments make toy safety, quality, and necessary labeling for these products the prime factors to take care of. The compliance with these regulations increases the ownership costs of STEM toys manufacturers.

For the detailed list of factors that will drive and challenge the growth of the STEM toys market during the 2019-2023, view this report.

Competitive Landscape

The market appears to be fragmented and with the presence of several companies including Mattel and Spin Master, the competitive environment is quite intense. Factors such as the rising application of Al in STEM toys and the rising adoption of STEM toys as teaching aids, will provide considerable growth opportunities to STEM toys manufacturers. Hasbro, Learning Resources, LEGO Group, Mattel, and Spin Master are some of the major companies covered in this report.
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Hasbro
  • Learning Resources
  • LEGO Group
  • Mattel
  • Spin Master
  • MORE
PART 01: EXECUTIVE SUMMARY

PART 02: SCOPE OF THE REPORT
  • Preface
  • Currency conversion rates for US$
PART 03: MARKET LANDSCAPE
  • Market ecosystem
  • Market characteristics
  • Market segmentation analysis
PART 04: MARKET SIZING
  • Market definition
  • Market sizing 2018
  • Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
PART 06: MARKET SEGMENTATION BY DISTRIBUTION CHANNEL
  • Market segmentation by distribution channel
  • Comparison by distribution channel
  • Offline channels - Market size and forecast 2018-2023
  • Online channels - Market size and forecast 2018-2023
  • Market opportunity by distribution channel
PART 07: CUSTOMER LANDSCAPE

PART 08: GEOGRAPHIC LANDSCAPE
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2018-2023
  • North America - Market size and forecast 2018-2023
  • Europe - Market size and forecast 2018-2023
  • MEA - Market size and forecast 2018-2023
  • South America - Market size and forecast 2018-2023
  • Key leading countries
  • Market opportunity
PART 09: DRIVERS AND CHALLENGES
  • Market drivers
  • Market challenges
PART 10: MARKET TRENDS
  • Introduction of subscription services for STEM toys
  • Growing popularity of coding robot toys
  • Rising application of AI in STEM toys
PART 11: VENDOR LANDSCAPE
  • Overview
  • Landscape disruption
  • Competitive scenario
PART 12: VENDOR ANALYSIS
  • Vendors covered
  • Vendor classification
  • Market positioning of vendors
  • Hasbro
  • Learning Resources
  • LEGO Group
  • Mattel
  • Spin Master
PART 13: APPENDIX
  • Research methodology
  • List of abbreviations
List of Exhibits
Exhibit 01: Years in consideration
Exhibit 02: Global educational toys market
Exhibit 03: Segments of global educational toys market
Exhibit 04: Market characteristics
Exhibit 05: Market segments
Exhibit 06: Market definition - Inclusions and exclusions checklist
Exhibit 07: Market size 2018
Exhibit 08: Global market: Size and forecast 2018-2023 ($ millions)
Exhibit 09: Global market: Year-over-year growth 2019-2023 (%)
Exhibit 10: Five forces analysis 2018
Exhibit 11: Five forces analysis 2023
Exhibit 12: Bargaining power of buyers
Exhibit 13: Bargaining power of suppliers
Exhibit 14: Threat of new entrants
Exhibit 15: Threat of substitutes
Exhibit 16: Threat of rivalry
Exhibit 17: Market condition - Five forces 2018
Exhibit 18: Distribution channel - Market share 2018-2023 (%)
Exhibit 19: Comparison by distribution channel
Exhibit 20: Offline channels - Market size and forecast 2018-2023 ($ millions)
Exhibit 21: Offline channels - Year-over-year growth 2019-2023 (%)
Exhibit 22: Online channels - Market size and forecast 2018-2023 ($ millions)
Exhibit 23: Online channels - Year-over-year growth 2019-2023 (%)
Exhibit 24: Market opportunity by distribution channel
Exhibit 25: Customer landscape
Exhibit 26: Market share by geography 2018-2023 (%)
Exhibit 27: Geographic comparison
Exhibit 28: APAC - Market size and forecast 2018-2023 ($ millions)
Exhibit 29: APAC - Year-over-year growth 2019-2023 (%)
Exhibit 30: North America - Market size and forecast 2018-2023 ($ millions)
Exhibit 31: North America - Year-over-year growth 2019-2023 (%)
Exhibit 32: Europe - Market size and forecast 2018-2023 ($ millions)
Exhibit 33: Europe - Year-over-year growth 2019-2023 (%)
Exhibit 34: MEA - Market size and forecast 2018-2023 ($ millions)
Exhibit 35: MEA - Year-over-year growth 2019-2023 (%)
Exhibit 36: South America - Market size and forecast 2018-2023 ($ millions)
Exhibit 37: South America - Year-over-year growth 2019-2023 (%)
Exhibit 38: Key leading countries
Exhibit 39: Market opportunity
Exhibit 40: Decision framework
Exhibit 41: Impact of drivers and challenges
Exhibit 42: Vendor landscape
Exhibit 43: Landscape disruption
Exhibit 44: Vendors covered
Exhibit 45: Vendor classification
Exhibit 46: Market positioning of vendors
Exhibit 47: Hasbro - Vendor overview
Exhibit 48: Hasbro - Business segments
Exhibit 49: Hasbro - Organizational developments
Exhibit 50: Hasbro - Geographic focus
Exhibit 51: Hasbro - Segment focus
Exhibit 52: Hasbro - Key offerings
Exhibit 53: Learning Resources - Vendor overview
Exhibit 54: Learning Resources - Product segments
Exhibit 55: Learning Resources - Key offerings
Exhibit 56: LEGO Group - Vendor overview
Exhibit 57: LEGO Group - Business segments
Exhibit 58: LEGO Group - Organizational developments
Exhibit 59: LEGO Group - Key offerings
Exhibit 60: Mattel - Vendor overview
Exhibit 61: Mattel - Business segments
Exhibit 62: Mattel - Organizational developments
Exhibit 63: Mattel - Geographic focus
Exhibit 64: Mattel - Segment focus
Exhibit 65: Mattel - Key offerings
Exhibit 66: Spin Master - Vendor overview
Exhibit 67: Spin Master - Product segments
Exhibit 68: Spin Master - Organizational developments
Exhibit 69: Spin Master - Geographic focus
Exhibit 70: Spin Master - Segment focus
Exhibit 71: Spin Master - Key offerings
Exhibit 72: Learning Resources - Key offerings
Exhibit 73: Validation techniques employed for market sizing
Exhibit 74: List of abbreviations
Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Hasbro
  • Learning Resources
  • LEGO Group
  • Mattel
  • Spin Master
  • MORE
Global Science, Technology, Engineering and Mathematics (STEM) Toys Market 2019-2023

The analyst recognizes the following companies as the key players in the global STEM toys market: Hasbro, Learning Resources, LEGO Group, Mattel, and Spin Master.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is the rising application of Al in STEM toys.”

According to the report, one of the major drivers for this market is the rising adoption of STEM toys as teaching aids.

Further, the report states that one of the major factors hindering the growth of this market is the increased adoption of stringent regulations and standards.

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.
Note: Product cover images may vary from those shown
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  • Hasbro
  • Learning Resources
  • LEGO Group
  • Mattel
  • Spin Master
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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