Military Exoskeleton Market: By Type (Full Body Exoskeleton, Partial Body Exoskeleton), By Power (Active Exoskeleton, Passive Exoskeleton), By Body Part (Upper Body, Lower Body, Full Body), And Region – Global Analysis of Market Size, Share & Trends For 2019–2021 And Forecasts To 2031
Military Exoskeleton Market: By Type (Full Body Exoskeleton, Partial Body Exoskeleton), By Power (Active Exoskeleton, Passive Exoskeleton), By Body Part (Upper Body, Lower Body, Full Body), And Region – Global Analysis of Market Size, Share & Trends For 2019–2021 And Forecasts To 2031
PRODUCT OVERVIEW
Soldiers use exoskeletons or exo-suits over their regular uniforms to increase their strength. The equipment includes high-powered special technologies as well as artificial intelligence to improve a soldier's capabilities. They can be built of hard and brittle materials like metal and carbon fiber, or soft and pliable ones like rubber. An exo-suit fitted to a soldier should increase his additional load carrying capability by 100kg for a minimum of 8 hours of operational time, with a battery backup of 3-5 hours. Soldiers patrolling in high-altitude environments use leg gear that helps them walk in the snow. It also helps soldiers cope with weariness and exhaustion in low-oxygen environments. They release more than half of the load burden, which reduces the injury to the soldiers.
MARKET HIGHLIGHTS
Global Military Exoskeleton Market is predicted to witness a notable CAGR of 12.9% by 2031
Global Military Exoskeleton Market to surpass USD 4.9 billion by 2031 from USD 1.5 billion in 2021 at a CAGR of 12.9% in the coming years, i.e., 2021-2031. The military exoskeleton business is being propelled forward by technological breakthroughs in modern combat. Efforts are being made to improve the efficiency of military exoskeletons through the adoption of new technologies, which are projected to boost the market's growth in the coming years.
GLOBAL MILITARY EXOSKELETON MARKET: SEGMENTS
Partial Body Exoskeleton segment is expected to lead over the forecasted period
The market has been divided into two types: full-body exoskeleton systems and partial body exoskeleton systems. The worldwide military exoskeleton industry is projected to be dominated by partial body exoskeletons. This technology can assist soldiers and first responders go the extra mile while carrying mission-critical equipment by lowering the effort required for walking and climbing.
Active Exoskeleton segment is expected to witness maximum growth during 2021-31
An electromechanical robotic apparatus made up of electric motors, batteries, body structure, actuators, hydraulics, and joints are known as an active or powered exoskeleton. Active robotic exoskeletons are used to improve efficiency by enabling stroke or spinal cord injury rehabilitation, as well as increased strength and endurance, allowing military personnel in high-risk regions to be more productive.
MARKET DYNAMICS
Drivers
Growing advancements to reduce the weight of the Military Exoskeleton is driving the market
Technological improvements to surge efficiency are boosting the market growth
Restraint
High cost associated with the Military Exoskeletons
GLOBAL MILITARY EXOSKELETON MARKET:
Key Players
Global Military Exoskeleton Market Segments:
PRODUCT OVERVIEW
Soldiers use exoskeletons or exo-suits over their regular uniforms to increase their strength. The equipment includes high-powered special technologies as well as artificial intelligence to improve a soldier's capabilities. They can be built of hard and brittle materials like metal and carbon fiber, or soft and pliable ones like rubber. An exo-suit fitted to a soldier should increase his additional load carrying capability by 100kg for a minimum of 8 hours of operational time, with a battery backup of 3-5 hours. Soldiers patrolling in high-altitude environments use leg gear that helps them walk in the snow. It also helps soldiers cope with weariness and exhaustion in low-oxygen environments. They release more than half of the load burden, which reduces the injury to the soldiers.
MARKET HIGHLIGHTS
Global Military Exoskeleton Market is predicted to witness a notable CAGR of 12.9% by 2031
Global Military Exoskeleton Market to surpass USD 4.9 billion by 2031 from USD 1.5 billion in 2021 at a CAGR of 12.9% in the coming years, i.e., 2021-2031. The military exoskeleton business is being propelled forward by technological breakthroughs in modern combat. Efforts are being made to improve the efficiency of military exoskeletons through the adoption of new technologies, which are projected to boost the market's growth in the coming years.
GLOBAL MILITARY EXOSKELETON MARKET: SEGMENTS
Partial Body Exoskeleton segment is expected to lead over the forecasted period
The market has been divided into two types: full-body exoskeleton systems and partial body exoskeleton systems. The worldwide military exoskeleton industry is projected to be dominated by partial body exoskeletons. This technology can assist soldiers and first responders go the extra mile while carrying mission-critical equipment by lowering the effort required for walking and climbing.
Active Exoskeleton segment is expected to witness maximum growth during 2021-31
An electromechanical robotic apparatus made up of electric motors, batteries, body structure, actuators, hydraulics, and joints are known as an active or powered exoskeleton. Active robotic exoskeletons are used to improve efficiency by enabling stroke or spinal cord injury rehabilitation, as well as increased strength and endurance, allowing military personnel in high-risk regions to be more productive.
MARKET DYNAMICS
Drivers
Growing advancements to reduce the weight of the Military Exoskeleton is driving the market
Technological improvements to surge efficiency are boosting the market growth
Restraint
High cost associated with the Military Exoskeletons
GLOBAL MILITARY EXOSKELETON MARKET:
Key Players
- Bionic Power Inc.
- Dephy Inc.
- Ekso Bionics Holdings Inc.
- Lockheed Martin Corporation
- Raytheon Company
- Revision Military LTD
- Rostec
- Safran S.A.
- Sarcos Corporation
- SpringActive
- SRI International
- Other Prominent Players
Global Military Exoskeleton Market Segments:
- By Type
- Full Body Exoskeleton
- Partial Body Exoskeleton
- By Power
- Active Exoskeleton
- Passive Exoskeleton
- By Body Part
- Upper Body
- Lower Body
- Full Body
- Global Military Exoskeleton Market Dynamics
- Global Military Exoskeleton Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies Involved in the Market
- Value Chain of the Market
- Market Drivers and Restraints
- Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
- Provision of market value (USD Billion) data for each segment and sub-segment
- Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
- Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
- Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
- Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
- The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
- Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
- Provides insight into the market through Value Chain
- Market dynamics scenario, along with growth opportunities of the market in the years to come
- 3-month post-sales analyst support.
1. EXECUTIVE SUMMARY
1.1. Regional Market Share
1.2. Business Trends
1.3. Global Military Exoskeleton Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2 RESEARCH METHODOLOGY
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3 MARKET CHARACTERISTICS
3.1. Market Definition
3.2. Global Military Exoskeleton Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4 GLOBAL MILITARY EXOSKELETON MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5 MACROECONOMIC INDICATORS
6 RECENT DEVELOPMENTS
7 MARKET DYNAMICS
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8 RISK ANALYSIS
9 MARKET ANALYSIS
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10 GLOBAL MILITARY EXOSKELETON MARKET
10.1. Overview
10.2. Historical Analysis (2016-2020)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11 GLOBAL MILITARY EXOSKELETON MARKET SIZE & FORECAST 2021A-2031F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Type
11.3.1.1. Full Body Exoskeleton
11.3.1.1.1. By Value (USD Million) 2021-2031F
11.3.1.1.2. Market Share (%) 2021-2031F
11.3.1.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.2. Partial Body Exoskeleton
11.3.1.2.1. By Value (USD Million) 2021-2031F
11.3.1.2.2. Market Share (%) 2021-2031F
11.3.1.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.2. By Power
11.3.2.1. Active Exoskeleton
11.3.2.1.1. By Value (USD Million) 2021-2031F
11.3.2.1.2. Market Share (%) 2021-2031F
11.3.2.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.2. Passive Exoskeleton
11.3.2.2.1. By Value (USD Million) 2021-2031F
11.3.2.2.2. Market Share (%) 2021-2031F
11.3.2.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.3. Body Part
11.3.3.1. Upper Body
11.3.3.1.1. By Value (USD Million) 2021-2031F
11.3.3.1.2. Market Share (%) 2021-2031F
11.3.3.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.3.2. Lower Body
11.3.3.2.1. By Value (USD Million) 2021-2031F
11.3.3.2.2. Market Share (%) 2021-2031F
11.3.3.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.3.3. Full Body
11.3.3.3.1. By Value (USD Million) 2021-2031F
11.3.3.3.2. Market Share (%) 2021-2031F
11.3.3.3.3. Y-o-Y Growth (%) 2021-2031F
12 NORTH AMERICA MILITARY EXOSKELETON MARKET SIZE & FORECAST 2021A-2031F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Type
12.3.2. By Power
12.3.3. By Body Part
12.4. Country
12.4.1. United States
12.4.2. Canada
13 EUROPE MILITARY EXOSKELETON MARKET SIZE & FORECAST 2021A-2031F
13.1. Overview
13.2. Key Findings
13.3.1. By Type
13.3.2. By Power
13.3.3. By Body Part
13.4. Country
13.4.1. Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14 ASIA MILITARY EXOSKELETON MARKET SIZE & FORECAST 2021A-2031F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Type
14.3.2. By Power
14.3.3. By Body Part
14.4. Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15 MIDDLE EAST AND AFRICA MILITARY EXOSKELETON MARKET SIZE & FORECAST 2021A-2031F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Type
15.3.2. By Power
15.3.3. By Body Part
15.4. Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16 LATIN AMERICA MILITARY EXOSKELETON MARKET SIZE & FORECAST 2021A-2031F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Type
16.3.2. By Power
16.3.3. By Body Part
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17 COMPETITIVE LANDSCAPE
17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders
18 COMPANY PROFILES
18.1. Bionic Power Inc.
18.1.1. Company Overview
18.1.2. Financial Overview
18.1.3. Key Product; Analysis
18.1.4. Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Dephy Inc.
18.3. Ekso Bionics Holdings Inc.
18.4. Lockheed Martin Corporation
18.5. Raytheon Company
18.6. Revision Military LTD
18.7. Rostec
18.8. Safran S.A.
18.9. Sarcos Corporation
18.10. SpringActive
18.11. SRI International
18.12. Other Prominent Players
19 APPENDIX
20 CONSULTANT RECOMMENDATION
1.1. Regional Market Share
1.2. Business Trends
1.3. Global Military Exoskeleton Market: COVID-19 Outbreak
1.4. Regional Trends
1.5. Segmentation Snapshot
2 RESEARCH METHODOLOGY
2.1. Research Objective
2.2. Research Approach
2.3. Data Sourcing and Methodology
2.4. Primary Research
2.5. Secondary Research
2.5.1. Paid Sources
2.5.2. Public Sources
2.6. Market Size Estimation and Data Triangulation
3 MARKET CHARACTERISTICS
3.1. Market Definition
3.2. Global Military Exoskeleton Market: COVID-19 Impact
3.3. Key Segmentations
3.4. Key Developments
3.5. Allied Industry Data
4 GLOBAL MILITARY EXOSKELETON MARKET – INDUSTRY INSIGHTS
4.1. Industry Segmentation
4.2. COVID-19 overview on world economy
4.3. Industry ecosystem Channel analysis
4.4. Innovation & Sustainability
5 MACROECONOMIC INDICATORS
6 RECENT DEVELOPMENTS
7 MARKET DYNAMICS
7.1. Introduction
7.2. Growth Drivers
7.3. Market Opportunities
7.4. Market Restraints
7.5. Market Trends
8 RISK ANALYSIS
9 MARKET ANALYSIS
9.1. Porters Five Forces
9.2. PEST Analysis
9.2.1. Political
9.2.2. Economic
9.2.3. Social
9.2.4. Technological
10 GLOBAL MILITARY EXOSKELETON MARKET
10.1. Overview
10.2. Historical Analysis (2016-2020)
10.2.1. Market Size, Y-o-Y Growth (%) and Market Forecast
11 GLOBAL MILITARY EXOSKELETON MARKET SIZE & FORECAST 2021A-2031F
11.1. Overview
11.2. Key Findings
11.3. Market Segmentation
11.3.1. By Type
11.3.1.1. Full Body Exoskeleton
11.3.1.1.1. By Value (USD Million) 2021-2031F
11.3.1.1.2. Market Share (%) 2021-2031F
11.3.1.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.1.2. Partial Body Exoskeleton
11.3.1.2.1. By Value (USD Million) 2021-2031F
11.3.1.2.2. Market Share (%) 2021-2031F
11.3.1.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.2. By Power
11.3.2.1. Active Exoskeleton
11.3.2.1.1. By Value (USD Million) 2021-2031F
11.3.2.1.2. Market Share (%) 2021-2031F
11.3.2.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.2.2. Passive Exoskeleton
11.3.2.2.1. By Value (USD Million) 2021-2031F
11.3.2.2.2. Market Share (%) 2021-2031F
11.3.2.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.3. Body Part
11.3.3.1. Upper Body
11.3.3.1.1. By Value (USD Million) 2021-2031F
11.3.3.1.2. Market Share (%) 2021-2031F
11.3.3.1.3. Y-o-Y Growth (%) 2021-2031F
11.3.3.2. Lower Body
11.3.3.2.1. By Value (USD Million) 2021-2031F
11.3.3.2.2. Market Share (%) 2021-2031F
11.3.3.2.3. Y-o-Y Growth (%) 2021-2031F
11.3.3.3. Full Body
11.3.3.3.1. By Value (USD Million) 2021-2031F
11.3.3.3.2. Market Share (%) 2021-2031F
11.3.3.3.3. Y-o-Y Growth (%) 2021-2031F
12 NORTH AMERICA MILITARY EXOSKELETON MARKET SIZE & FORECAST 2021A-2031F
12.1. Overview
12.2. Key Findings
12.3. Market Segmentation
12.3.1. By Type
12.3.2. By Power
12.3.3. By Body Part
12.4. Country
12.4.1. United States
12.4.2. Canada
13 EUROPE MILITARY EXOSKELETON MARKET SIZE & FORECAST 2021A-2031F
13.1. Overview
13.2. Key Findings
13.3.1. By Type
13.3.2. By Power
13.3.3. By Body Part
13.4. Country
13.4.1. Germany
13.4.2. United Kingdom
13.4.3. France
13.4.4. Italy
13.4.5. Spain
13.4.6. Russia
13.4.7. Rest of Europe (BENELUX, NORDIC, Hungary, Turkey & Poland)
14 ASIA MILITARY EXOSKELETON MARKET SIZE & FORECAST 2021A-2031F
14.1. Overview
14.2. Key Findings
14.3. Market Segmentation
14.3.1. By Type
14.3.2. By Power
14.3.3. By Body Part
14.4. Country
14.4.1. India
14.4.2. China
14.4.3. South Korea
14.4.4. Japan
14.4.5. Rest of APAC
15 MIDDLE EAST AND AFRICA MILITARY EXOSKELETON MARKET SIZE & FORECAST 2021A-2031F
15.1. Overview
15.2. Key Findings
15.3. Market Segmentation
15.3.1. By Type
15.3.2. By Power
15.3.3. By Body Part
15.4. Country
15.4.1. Israel
15.4.2. GCC
15.4.3. North Africa
15.4.4. South Africa
15.4.5. Rest of Middle East and Africa
16 LATIN AMERICA MILITARY EXOSKELETON MARKET SIZE & FORECAST 2021A-2031F
16.1. Overview
16.2. Key Findings
16.3. Market Segmentation
16.3.1. By Type
16.3.2. By Power
16.3.3. By Body Part
16.4. Country
16.4.1. Mexico
16.4.2. Brazil
16.4.3. Rest of Latin America
17 COMPETITIVE LANDSCAPE
17.1. Company market share, 2021
17.2. Key player overview
17.3. Key stakeholders
18 COMPANY PROFILES
18.1. Bionic Power Inc.
18.1.1. Company Overview
18.1.2. Financial Overview
18.1.3. Key Product; Analysis
18.1.4. Company Assessment
18.1.4.1. Product Portfolio
18.1.4.2. Key Clients
18.1.4.3. Market Share
18.1.4.4. Recent News & Development (Last 3 Yrs.)
18.1.4.5. Executive Team
18.2. Dephy Inc.
18.3. Ekso Bionics Holdings Inc.
18.4. Lockheed Martin Corporation
18.5. Raytheon Company
18.6. Revision Military LTD
18.7. Rostec
18.8. Safran S.A.
18.9. Sarcos Corporation
18.10. SpringActive
18.11. SRI International
18.12. Other Prominent Players
19 APPENDIX
20 CONSULTANT RECOMMENDATION
