Smart Exoskeleton Market Report: Trends, Forecast and Competitive Analysis to 2030

Smart Exoskeleton Trends and Forecast

The future of the global smart exoskeleton market looks promising with opportunities in the industrial, healthcare, and military markets. The global smart exoskeleton market is expected to reach an estimated $1.02 billion by 2030 with a CAGR of 15.4% from 2024 to 2030. The major drivers for this market are rapidly growing demand for safety-enhancing devices for the elderly, surging interest in gait rehabilitation solutions, and escalating demand for intelligent exoskeletons in millitary body parts.

A more than 150-page report is developed to help in your business decisions.

Smart Exoskeleton by Segment

The study includes a forecast for the global smart exoskeleton by body part, type, component, application, and region.

Smart Exoskeleton Market by Body Part [Shipment Analysis by Value from 2018 to 2030]:

• Upper Body
• Lower Body
• Full Body

Smart Exoskeleton Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Soft
• Rigid

Smart Exoskeleton Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Power Source
• Sensors
• Actuators
• Control System
• Others

Smart Exoskeleton Market by Application [Shipment Analysis by Value from 2018 to 2030]:

• Industrial
• Healthcare
• Military
• Others

Smart Exoskeleton Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Smart Exoskeleton Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies smart exoskeleton companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the smart exoskeleton companies profiled in this report include-

• Bionik Laboratories
• ReWalk Robotics
• Sarcos Technology And Robotics Corporation
• Rex Bionics
• Technaid
• Ekso Bionics Holdings
• Atoun
• Honda Motor
• Lockheed Martin Corporation
• Cyberdyne

Smart Exoskeleton Market Insights

Lucintel forecasts that full body is expected to witness highest growth over the forecast period.

Within this market, industrial will remain the largest segment.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Smart Exoskeleton Market

Market Size Estimates: Smart exoskeleton market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Smart exoskeleton market size by various segments, such as by body part, type, component, application and region in terms of ($B).

Regional Analysis: Smart exoskeleton market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different body parts, types, components, applications, and regions for the smart exoskeleton market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the smart exoskeleton market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the smart exoskeleton market size?

Answer: The global smart exoskeleton market is expected to reach an estimated $1.02 billion by 2030.

Q.2 What is the growth forecast for smart exoskeleton market?

Answer: The global smart exoskeleton market is expected to grow with a CAGR of 15.4% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the smart exoskeleton market?

Answer:he major drivers for this market are rapidly growing demand for safety-enhancing devices for the elderly, surging interest in gait rehabilitation solutions, and escalating demand for intelligent exoskeletons in millitary body parts.

Q4. What are the major segments for smart exoskeleton market?

Answer: The future of the smart exoskeleton market looks promising with opportunities in the industrial, healthcare, and military markets.

Q5. Who are the key Smart Exoskeleton Market companies?

Answer: Some of the key smart exoskeleton companies are as follows:

• Bionik Laboratories
• ReWalk Robotics
• Sarcos Technology And Robotics Corporation
• Rex Bionics
• Technaid
• Ekso Bionics Holdings
• Atoun
• Honda Motor
• Lockheed Martin Corporation
• Cyberdyne

Q6. Which smart exoskeleton market segment will be the largest in future?

Answer: Lucintel forecasts that full body is expected to witness highest growth over the forecast period.

Q7. In smart exoskeleton market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the smart exoskeleton market by body part (upper body, lower body, and full body), type (soft and rigid), component (power source, sensors, actuators, control system, and others), application (industrial, healthcare, military, and others)and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?