The global Powered Exoskeleton market was valued at US$ 65 million in 2020 and is expected to reach US$ 350.6 million by the end of 2027, growing at a CAGR of 23.3% during 2021-2027.
Powered Exoskeleton market is a wearable high-tech robotic device used for limb movement with increased strength and endurance.
The rapid development of science and technology especially in the field of healthcare has paved a way for mitigation of neural, physical disorder by Powered Exoskeleton. Moreover, the concept of externally powered skeleton systems is widely adopted for Astronomy and Defense sector. Increase in physically challenged population, the rise in demand for rehabilitation therapy and adoption of this technology in military and defense are the actuating factors for the growth of this market. There is a demand for industrial robots in industries for carrying heavy weights which can boost the demand for this market.
Global Powered Exoskeleton Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2016 to 2027. This section mentions the volume of production by region from 2016 to 2027. Pricing analysis is included in the report according to each type from the year 2016 to 2027, manufacturer from 2016 to 2021, region from 2016 to 2021, and global price from 2016 to 2027.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Powered Exoskeleton Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2016 to 2027.
Key Companies profiled in this report are EKSO BIONICS, CHINA NORTH INDUSTRIES GROUP CORPORATION (NORINCO), CYBERDYNE INC., DAEWOO, HONDA, NOONEE, PARKER HANNIFIN, REX BIONICS, ATOUN INC., BIONIC POWER, FANUC, GENERAL ATOMICS, LOCKHEED MARTIN, MYOMO INC., ORTHOCARE INNOVATIONS, REHA TECHNOLOGY, REWALK, ROBOTDALEN, SARCOS and more in terms of market share by sales, revenue, average pricing, product type, margins, recent developments etc.
Segment by Type
- Full Body
- Upper Body
- Lower Body
Segment by Application
- Health Care
- Others (space, shipping)
Table of Content:
1 Powered Exoskeleton Market Overview
2 Powered Exoskeleton Market Competition by Manufacturers
3 Powered Exoskeleton Retrospective Market Scenario by Region
4 Global Powered Exoskeleton Historic Market Analysis by Type
5 Global Powered Exoskeleton Historic Market Analysis by Application
6 Key Companies Profiled
7 Powered Exoskeleton Manufacturing Cost Analysis
8 Marketing Channel, Distributors and Customers
9 Powered Exoskeleton Market Dynamics
10 Global Market Forecast
11 Research Finding and Conclusion
12 Methodology and Data Source
Company Name: The Market Reports
Contact Person: Shirish Gupta