Technology

STEM Toys Market to Grow by USD 8.09 Billion (2024-2028), Driven by Emphasis on STEM Education, with AI Driving Market Transformation – Technavio

Published

1 year ago

November 18, 2024

NEW YORK, Nov. 18, 2024 /PRNewswire/ — Report with the AI impact on market trends – The global science, technology, engineering and mathematics (STEM) toys market size is estimated to grow by USD 8.09 bn from 2024-2028, according to Technavio. The market is estimated to grow at a CAGR of 8.89% during the forecast period. Growing emphasis on stem education is driving market growth, with a trend towards integration of artificial intelligence (AI) and machine learning (ML) technologies in stem toys. However, high cost of stem toys poses a challenge.Key market players include Building Blocks Learning Solutions Pvt. Ltd., Dilly Dally Kids, Elation Edtech Pvt. Ltd., Elenco Electronics Inc., Evollve Inc., Fat Brain Toys LLC., Franckh Kosmos Verlags GmbH and Co. KG, Fun Express LLC, Funvention Learning Pvt. Ltd., GoldieBlox Inc., Hape International Inc., Hasbro Inc., Innovation First International Inc., Learning Resources Ltd., LEGO System AS, Makeblock Co. Ltd., Makey Makey LLC., Mattel Inc., MobilizAR Technologies Pvt. Ltd., MVW Holdings Inc., Nesta Toys, Piper Learning Inc., PlanToys.com, PlayMonster LLC, Ravensburger AG, Scientifics Direct Inc., SmartGurlz, Smartivity Labs Pvt. Ltd., SND Digital Retails LLP, Sphero Inc., Spin Master Corp., Thimble, Timbuk Toys, Tinkering Labs Inc., and Xinxiang Alpha Manufacturing Ltd..

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Forecast period

2024-2028

Base Year

2023

Historic Data

2018 – 2022

Segment Covered

Application (In-home and In-school), Age Group (9-10 years, 6-8 years, and 11-13 years), Subjects (Science, Engineering, Mathematics, and Technology), and Geography (APAC, North America, Europe, Middle East and Africa, and South America)

Region Covered

APAC, North America, Europe, Middle East and Africa, and South America

Key companies profiled

Building Blocks Learning Solutions Pvt. Ltd., Dilly Dally Kids, Elation Edtech Pvt. Ltd., Elenco Electronics Inc., Evollve Inc., Fat Brain Toys LLC., Franckh Kosmos Verlags GmbH and Co. KG, Fun Express LLC, Funvention Learning Pvt. Ltd., GoldieBlox Inc., Hape International Inc., Hasbro Inc., Innovation First International Inc., Learning Resources Ltd., LEGO System AS, Makeblock Co. Ltd., Makey Makey LLC., Mattel Inc., MobilizAR Technologies Pvt. Ltd., MVW Holdings Inc., Nesta Toys, Piper Learning Inc., PlanToys.com, PlayMonster LLC, Ravensburger AG, Scientifics Direct Inc., SmartGurlz, Smartivity Labs Pvt. Ltd., SND Digital Retails LLP, Sphero Inc., Spin Master Corp., Thimble, Timbuk Toys, Tinkering Labs Inc., and Xinxiang Alpha Manufacturing Ltd.

Key Market Trends Fueling Growth

The STEM toys market is experiencing significant growth due to urbanization and literate parents seeking unique learning experiences for their children. Sustainability is a key trend, with toys focusing on engineering, mathematics, gravity, and educational curriculums. Supermarkets, hypermarkets, departmental stores, specialty stores, and online platforms are major distribution channels. Engineering and mathematics-based toys, educational robots, coding, and digital gaming are popular categories. Innovation and digital transformations are driving the market, with emerging players offering niche offerings. Geographic segmentation and analysis indicate strong growth in the offline segment, particularly in developed regions. The market’s ecosystem includes vendors, research data, and analyst support. The fragmented nature of the market calls for effective vendor management and business resilience. The outlook is positive, with short-term growth expected due to consumer interest in personalized learning and alternative products. Long-term growth will depend on the market players’ ability to adapt to changing consumer preferences and competition from digital replicators. Business expansions, acquisitions, and value chain optimization are key strategies for market success.

The STEM toys market has been significantly transformed by the integration of Artificial Intelligence (AI) and Machine Learning (ML) technologies. These advanced technologies enrich the educational value of STEM toys by offering personalized learning experiences and fostering critical thinking. Through AI and ML, toys can adapt to a child’s unique abilities and learning style, providing an interactive and exploratory environment. For instance, the Cubetto Playset is a coding toy that employs AI technology to deliver an adaptive learning experience. It uses ML algorithms to assess a child’s interactions and adjust the challenge level accordingly, ensuring an effective and engaging learning process.

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Market Challenges

The STEM toys market is experiencing significant growth due to urbanization and literate parents seeking unique learning experiences for their children. However, challenges persist in areas like sustainability, as many STEM toys contain non-renewable resources. Distributing these toys through supermarkets, hypermarkets, departmental stores, specialty stores, and online platforms requires effective vendor management and business resilience. Engineering and mathematics-focused toys, including those based on gravity and educational robots, coding, and digital gaming, offer niche opportunities. Geographic segmentation and analysis are crucial for market players looking to expand, with emerging players utilizing innovation and digital transformations to differentiate. Short-term growth is promising, with a mid- to long-term outlook based on personalized learning, fundamental thinking, experimentation, and exploration. Alternative products and educational benefits continue to drive consumer interest, making this an exciting ecosystem to watch. Analyst support and research data are essential for navigating this fragmented market and addressing problemsolving and logical reasoning needs. Business expansions, acquisitions, and value chain optimization are key strategies for market leaders.

The global STEM toys market faces a significant barrier to growth due to the high cost of these educational playthings. Advanced technology, premium materials, and extensive research used in creating STEM toys result in a higher price point. For instance, a robotics kit, enabling children to construct and program their robots, can cost between USD100 and several hundred dollars. This steep price can restrict market expansion and hinder the widespread adoption of STEM toys among a broader consumer base. The cost disparity is primarily due to the intricate components, sensors, and software included in these toys.

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Segment Overview

This science, technology, engineering and mathematics (stem) toys market report extensively covers market segmentation by

Application 1.1 In-home1.2 In-schoolAge Group2.1 9-10 years2.2 6-8 years2.3 11-13 yearsSubjects 3.1 Science3.2 Engineering3.3 Mathematics3.4 TechnologyGeography 4.1 APAC4.2 North America4.3 Europe4.4 Middle East and Africa4.5 South America

1.1 In-home- The in-home STEM toy market is experiencing significant growth due to several factors. Firstly, the importance of early STEM education is increasingly recognized, leading to a higher demand for at-home learning resources. In-home STEM toys offer an accessible and enjoyable way for children to explore STEM concepts independently or with parental guidance. Secondly, these toys provide an alternative to screen-based entertainment, offering interactive experiences that stimulate creativity and problem-solving skills. The convenience of learning at home is also a major advantage, as it eliminates the need for external classes or programs. Popular in-home STEM toys, such as Snap Circuits Electronics Exploration Kit and Gravity Maze Marble Run, introduce fundamental STEM principles in a hands-on and engaging manner. These advantages are expected to drive the growth of the in-home segment in the STEM toy market during the forecast period.

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Research Analysis

The STEM toys market is experiencing significant growth due to the increasing urbanization and the rising number of literate parents who recognize the importance of unique learning experiences for their children. These toys, which focus on Science, Technology, Engineering, and Mathematics, offer hands-on opportunities for problem-solving and logical reasoning, making a material impact on a child’s development. Supermarkets, hypermarkets, departmental stores, specialty stores, and online platforms are key distribution channels for STEM toys. Engineering and mathematics-focused toys, such as those based on gravity and educational curriculums, are popular categories. Innovation and digital transformations are driving the market, with emerging players offering niche offerings and acquisitions shaping the ecosystem. Geographic segmentation reveals that North America and Europe dominate the market, with Asia Pacific and Latin America showing promising growth. Research data indicates that the market is expected to expand further due to business expansions and vendor management strategies. The market for STEM toys is not just about toys; it’s about creating a sustainable ecosystem that fosters a love for learning and prepares the next generation for a complex and interconnected world.

Market Research Overview

The STEM toys market is experiencing significant growth due to urbanization and the increasing number of literate parents seeking unique learning experiences for their children. STEM toys, which include engineering and mathematics-focused toys that incorporate concepts such as gravity, educational curriculums, coding, and robotics, are gaining popularity for their material impact on problem-solving and logical reasoning skills. Supermarkets, hypermarkets, departmental stores, specialty stores, and online platforms are key distribution channels for STEM toys. Digital gaming, toy subscriptions, and one-day delivery services are also driving growth in the market. Innovation and digital transformations are key trends in the STEM toys industry, with emerging players offering niche offerings and market leaders implementing inorganic strategies through business expansions, acquisitions, and value chain optimization. The STEM toys market is fragmented, with geographic segmentation and geographic analysis playing a significant role in market outlook. Personalized learning, fundamental thinking, experimentation, and exploration are essential learning styles fostered by STEM toys. Alternative products, educational benefits, consumer interest, and resources are also significant factors influencing the market. Digital replicators, interactive experiences, vivid images, and instant feedback are key features that make STEM toys an essential part of the ecosystem. The bottom line for market players is effective vendor management, research data, and analyst support to stay competitive in the long term. The short-term outlook for the STEM toys market is positive, with steady YOY growth expected.

Table of Contents:

1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation

ApplicationIn-homeIn-schoolAge Group9-10 Years6-8 Years11-13 YearsSubjectsScienceEngineeringMathematicsTechnologyGeographyAPACNorth AmericaEuropeMiddle East And AfricaSouth America

7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Trends
10 Company Landscape
11 Company Analysis
12 Appendix

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides 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.

Contacts

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/

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SOURCE Technavio

Technology

Chef Robotics Physical AI Models Can Now Automate Baked Goods Packing

Published

1 hour ago

April 29, 2026

SAN FRANCISCO, April 29, 2026 /PRNewswire/ — Chef Robotics, a leader in physical AI for the food industry, today announced that Chef robots can now automate tray assembly for baked goods packing. The application places baked products, such as burger buns, chocolate chip cookies, biscotti, butter cookies, biscuits, fortune cookies, granola bars, rusks, and shortbreads into trays and packaging containers before sealing.

Watch Chef robots in action.

Baked goods packing has historically been difficult to automate for high-mix production. Each item behaves differently on the production line—a granola bar compresses under the wrong grip, while a biscotti or rusk can crack if placed at the wrong angle. Surface textures range from glazed and smooth to crumbly and irregular, and strict presentation requirements leave little room for error. This variability has made it challenging for automation systems to reliably handle baked goods at production speeds, leaving food manufacturers dependent on manual labor and traditional bakery equipment.

To address this, Chef built its baked goods packing application on its existing piece-picking capability, which uses Chef’s AI-powered computer vision and physical AI models trained across diverse real-world production environments. This allows Chef robots to assess each item’s position, shape, and orientation in real time and determine how to pick the items from the pan and place them quickly and precisely without damaging them.

The baked goods packing application supports four distinct placement capabilities.

First, Chef’s vision system detects the angle at which each item sits in the pan and reorients it after picking, placing it on the tray at the exact angle required, regardless of its original position, enabling retail-ready presentation for SKUs that require precise angular placement.

Second, Chef robots can place multiple baked goods into the same packaging container in a single automated pass, completing full tray assembly without manual intervention.

Third, for packaging containers with multiple small compartments, Chef robots can precisely place items into each designated section, including multiple items in the same compartment, using Chef’s AI vision model to detect compartment positions and orientations in real time.

Fourth, Chef’s vision system identifies the exact center of each tray and places every item at a predefined offset from that center, ensuring a uniform, consistent arrangement across every pack regardless of how trays arrive on the conveyor.

For food manufacturers evaluating bakery systems and baked goods packaging automation, the application offers higher throughput, reduced labor dependency, and consistent presentation across shifts. The capability runs on Chef’s existing robotic hardware and software, allowing manufacturers to deploy it without requiring any changes to their production lines.

Chef’s baked goods packing application is available in the U.S., Canada, Germany, and the UK and is included as part of Chef’s robotics-as-a-service (RaaS) pricing model.

About Chef Robotics
Chef is the first company to have commercialized a scalable AI-driven food robotics solution. With over 104 million servings made in production, Chef leverages ChefOS, an AI platform for food manipulation, to offer a Robotics-as-a-Service solution that helps industry-leading food companies increase production volume and meet demand. Headquartered in San Francisco, CA, Chef aims to empower humans to do what humans do best by accelerating the advent of intelligent machines. Visit https://chefrobotics.ai to learn more.

View original content:https://www.prnewswire.com/news-releases/chef-robotics-physical-ai-models-can-now-automate-baked-goods-packing-302756923.html

SOURCE Chef Robotics

Technology

Chef Robotics Physical AI Models Can Now Automate Baked Goods Packing

Published

1 hour ago

April 29, 2026

Watch Chef robots in action.

The baked goods packing application supports four distinct placement capabilities.

Second, Chef robots can place multiple baked goods into the same packaging container in a single automated pass, completing full tray assembly without manual intervention.

Chef’s baked goods packing application is available in the U.S., Canada, Germany, and the UK and is included as part of Chef’s robotics-as-a-service (RaaS) pricing model.

View original content:https://www.prnewswire.com/news-releases/chef-robotics-physical-ai-models-can-now-automate-baked-goods-packing-302756923.html

SOURCE Chef Robotics

Technology

Air Products to Expand Industrial Gas Supply for Samsung Electronics’ Next-Generation Semiconductor Fab in South Korea

Published

1 hour ago

April 29, 2026

New investment underscores the company’s long-term commitment to Korea and its leading role in the global semiconductor industry

LEHIGH VALLEY, Pa., April 29, 2026 /PRNewswire/ — Air Products (NYSE:APD), a world-leading industrial gases company and serving Samsung globally, today announced it has been selected by Samsung to supply industrial gases for its new advanced semiconductor fab in Pyeongtaek, Gyeonggi Province, South Korea.

Under the agreement, Air Products will build, own and operate multiple state-of-the-art production facilities and a bulk specialty gas supply system to supply nitrogen, oxygen, argon, and hydrogen for Samsung’s new semiconductor fab. The new facilities are expected to come onstream in multiple phases from 2028 through 2030.

Air Products has a long track record of executing multiple phase expansions in Pyeongtaek to support Samsung’s growing manufacturing needs. This latest project represents Air Products’ largest investment to date in the semiconductor industry and will establish Pyeongtaek as the company’s single largest operations site globally supporting the electronics industry.

“Air Products is honored to be selected once again by Samsung and to have their continued confidence as a trusted partner supporting their strategic growth plans,” said SR Kim, President, Air Products Korea. “This significant investment reinforces Air Products’ role as a leading global supplier to the semiconductor industry and underscores our long-standing commitment to supporting our strategic customers with safety, reliability, efficiency and excellent service.”

Air Products has served the global electronics industry for more than 40 years, supplying industrial gases safely and reliably to many of the world’s leading technology companies. The company has operated in Korea for more than 50 years and has established a strong position in electronics and manufacturing sectors.

About Air Products

Air Products (NYSE: APD) is a world-leading industrial gases company in operation for over 85 years focused on serving energy, environmental, and emerging markets and generating a cleaner future. The Company supplies essential industrial gases, related equipment and applications expertise to customers in dozens of industries, including refining, chemicals, metals, electronics, manufacturing, medical and food. As the leading global supplier of hydrogen, Air Products also develops, engineers, builds, owns and operates some of the world’s largest clean hydrogen projects, supporting the transition to low- and zero-carbon energy in the industrial and heavy-duty transportation sectors. Through its sale of equipment businesses, the Company also provides turbomachinery, membrane systems and cryogenic containers globally.

Air Products had fiscal 2025 sales of $12 billion from operations in approximately 50 countries. For more information, visit airproducts.com or follow us on LinkedIn, X, Facebook or Instagram.

This release contains “forward-looking statements” within the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements are based on management’s expectations and assumptions as of the date of this release and are not guarantees of future performance. While forward-looking statements are made in good faith and based on assumptions, expectations and projections that management believes are reasonable based on currently available information, actual performance and financial results may differ materially from projections and estimates expressed in the forward-looking statements because of many factors, including the risk factors described in our Annual Report on Form 10-K for the fiscal year ended September 30, 2025 and other factors disclosed in our filings with the Securities and Exchange Commission. Except as required by law, we disclaim any obligation or undertaking to update or revise any forward-looking statements contained herein to reflect any change in the assumptions, beliefs or expectations or any change in events, conditions or circumstances upon which any such forward-looking statements are based.

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SOURCE Air Products