Global military exoskeletons market will reach $2.06 billion by 2032, growing by 27.5% annually over 2022-2032, driven by the increasing warfare and regional conflicts, the technological advancements in exoskeleton industry, and an increasing focus on the safety and efficiency of dismounted soldiers.
Highlighted with 92 tables and 115 figures, this 198-page report "Global Military Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Power (Active/Powered, Passive), Structure (Rigid, Soft), and Region: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire global military exoskeletons market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global military exoskeletons market in every aspect of the classification from perspectives of Offering, Function, Power, Structure, and Region.
Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Sensors
o Actuators
o Power Sources
o Controllers
o Other Hardware
• Software
• Service
Based on Function, the global market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Upper Body Exoskeletons
• Lower Body Exoskeletons
• Full Body Exoskeletons
By Power, the global market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Active/Powered Exoskeletons
o Electric Actuator
o Pneumatic Actuator
o Hydraulic Actuator
o Mechanical Actuator
o Other Types
• Passive Exoskeletons
By Structure, the global market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Rigid Exoskeletons
• Soft Exoskeletons
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Israel, Saudi Arabia, South Africa, and Rest of MEA)
For each region and country, detailed analysis and data of annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and the breakdown of each national market by Function, Power, and Structure over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Aselsan AS
BAE Systems PLC
Bionic Power Inc.
Dephy Inc.
Lockheed Martin Corporation
Mawashi Science & Technology
Northrop Grumman Corporation
Raytheon Technologies Corporation
Revision Inc.
Rostec Corp.
Safran S.A.
Sarcos Corporation
SRI International Inc.
US Bionics Inc. (Suitx)
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 11
1.1 Industry Definition and Research Scope 11
1.1.1 Industry Definition 11
1.1.2 Research Scope 13
1.2 Research Methodology 16
1.2.1 Overview of Market Research Methodology 16
1.2.2 Market Assumption 17
1.2.3 Secondary Data 17
1.2.4 Primary Data 17
1.2.5 Data Filtration and Model Design 18
1.2.6 Market Size/Share Estimation 19
1.2.7 Research Limitations 20
1.3 Executive Summary 21
2 Market Overview and Dynamics 24
2.1 Market Size and Forecast 24
2.1.1 Impact of COVID-19 on World Economy 27
2.1.2 Impact of COVID-19 on the Market 30
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 32
2.2 Major Growth Drivers 36
2.3 Market Restraints and Challenges 43
2.4 Emerging Opportunities and Market Trends 46
2.5 Porter's Fiver Forces Analysis 50
3 Segmentation of Global Market by Offering 54
3.1 Market Overview by Offering 54
3.2 Hardware 56
3.2.1 Sensors 57
3.2.2 Actuators 58
3.2.3 Power Sources 59
3.2.4 Controllers 60
3.2.5 Other Hardware 61
3.3 Software 62
3.4 Services 63
4 Segmentation of Global Market by Function 64
4.1 Market Overview by Function 64
4.2 Upper Body Exoskeletons 68
4.3 Lower Body Exoskeletons 70
4.4 Full Body Exoskeletons 72
5 Segmentation of Global Market by Power 74
5.1 Market Overview by Power 74
5.2 Active/Powered Exoskeletons 78
5.2.1 Electric Actuator 80
5.2.2 Pneumatic Actuator 81
5.2.3 Hydraulic Actuator 82
5.2.4 Fuel Cell Actuator 83
5.2.5 Other Types 84
5.3 Passive Exoskeletons 85
6 Segmentation of Global Market by Structure 87
6.1 Market Overview by Structure 87
6.2 Rigid Exoskeletons 91
6.3 Soft Exoskeletons 93
7 Segmentation of Global Market by Region 95
7.1 Geographic Market Overview 2022-2032 95
7.2 North America Market 2022-2032 by Country 101
7.2.1 Overview of North America Market 101
7.2.2 U.S. 107
7.2.3 Canada 110
7.2.4 Mexico 112
7.3 European Market 2022-2032 by Country 114
7.3.1 Overview of European Market 114
7.3.2 Germany 120
7.3.3 U.K. 122
7.3.4 France 124
7.3.5 Spain 126
7.3.6 Italy 128
7.3.7 Russia 130
7.3.8 Rest of European Market 132
7.4 Asia-Pacific Market 2022-2032 by Country/Region 134
7.4.1 Overview of Asia-Pacific Market 134
7.4.2 Japan 140
7.4.3 China 143
7.4.4 Australia 145
7.4.5 India 147
7.4.6 South Korea 149
7.4.7 Rest of APAC Region 151
7.5 South America Market 2022-2032 by Country 153
7.5.1 Argentina 159
7.5.2 Brazil 161
7.5.3 Chile 163
7.5.4 Rest of South America Market 165
7.6 MEA Market 2022-2032 by Country 166
7.6.1 Israel 172
7.6.2 Saudi Arabia 174
7.6.3 South Africa 176
7.6.4 Other National Markets 178
8 Competitive Landscape 179
8.1 Overview of Key Vendors 179
8.2 New Product Launch, Partnership, Investment, and M&A 182
8.3 Company Profiles 183
Aselsan AS 183
BAE Systems PLC 185
Bionic Power Inc. 186
Dephy Inc. 187
Lockheed Martin Corporation 188
Mawashi Science & Technology 189
Northrop Grumman Corporation 190
Raytheon Technologies Corporation 191
Revision Inc. 192
Rostec Corp. 193
Safran S.A. 194
Sarcos Corporation 195
SRI International Inc. 196
US Bionics Inc. (Suitx) 197
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