Smart Exoskeleton - Global Market Outlook (2020-2028)
According to Stratistics MRC, the Global Smart Exoskeleton Market is accounted for $347.64 million in 2020 and is expected to reach $4,928.74 million by 2028 growing at a CAGR of 39.3% during the forecast period. High demand for use in clinical purposes and industrial body parts and increasing demand for use of smart exoskeletons in rehabilitation of people suffering from physical disabilities and neurological disorders are driving the market growth. However, high equipment cost and stringent government regulations for exoskeletons are hampering the growth of the market.
A smart exoskeleton is a powered system comprising sensors and actuators that use feedback from the wearer to provide enhanced assistance to specific body parts or the entire body while lowering energy expenditure. This exoskeleton makes use of smart algorithms, which automatically adjust to human body motions and further help in achieving optimal performance.
Based on the end user, the military segment is going to have lucrative growth during the forecast period as military organizations adopting these devices allow them to transfer load efficiently and these devices facilitate better performance while reducing soldier exertion. Smart exoskeletons that can be easily attached to the lower body are finding their application in military body parts. By geography, North America is going to have high growth during the forecast period owing to the increasing investments to develop smart, innovative, and energy-efficient exoskeleton, well-developed health care infrastructure and early availability of advanced technology products.
Some of the key players profiled in the Smart Exoskeleton Market include US Bionics, Inc., Technaid. S.L., Sarcos Corp., Rex Bionics Ltd., Honda Motor Co. Ltd., Ekso Bionics, CYBERDYNE, INC., BIONIK, ATOUN Inc. and ReWalk Robotics.
Components Covered:
All the customers of this report will be entitled to receive one of the following free customization options:
A smart exoskeleton is a powered system comprising sensors and actuators that use feedback from the wearer to provide enhanced assistance to specific body parts or the entire body while lowering energy expenditure. This exoskeleton makes use of smart algorithms, which automatically adjust to human body motions and further help in achieving optimal performance.
Based on the end user, the military segment is going to have lucrative growth during the forecast period as military organizations adopting these devices allow them to transfer load efficiently and these devices facilitate better performance while reducing soldier exertion. Smart exoskeletons that can be easily attached to the lower body are finding their application in military body parts. By geography, North America is going to have high growth during the forecast period owing to the increasing investments to develop smart, innovative, and energy-efficient exoskeleton, well-developed health care infrastructure and early availability of advanced technology products.
Some of the key players profiled in the Smart Exoskeleton Market include US Bionics, Inc., Technaid. S.L., Sarcos Corp., Rex Bionics Ltd., Honda Motor Co. Ltd., Ekso Bionics, CYBERDYNE, INC., BIONIK, ATOUN Inc. and ReWalk Robotics.
Components Covered:
- Software
- Hardware
- Ultra-Soft Exoskeleton
- Soft Smart Exoskeleton
- Rigid Smart Exoskeleton
- Shape Memory Alloy Actuator
- Pneumatic Actuator
- Electric Servo
- Hydraulic
- Fully Mechanical
- Electric Actuator
- Upper Extremity
- Lower Extremity
- Full Body Extremity
- Pick & Carry
- Rehabilitation
- Residential
- Military
- Industrial
- Healthcare
- Commercial
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
1 EXECUTIVE SUMMARY
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 Application Analysis
3.9 End User Analysis
3.10 Emerging Markets
3.11 Impact of Covid-19
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL SMART EXOSKELETON MARKET, BY COMPONENT
5.1 Introduction
5.2 Software
5.3 Hardware
5.3.1 Sensors
5.3.2 Power Source
5.3.3 Control System
5.3.4 Actuators
6 GLOBAL SMART EXOSKELETON MARKET, BY PRODUCT
6.1 Introduction
6.2 Ultra-Soft Exoskeleton
6.3 Soft Smart Exoskeleton
6.4 Rigid Smart Exoskeleton
7 GLOBAL SMART EXOSKELETON MARKET, BY TECHNOLOGY
7.1 Introduction
7.2 Shape Memory Alloy Actuator
7.3 Pneumatic Actuator
7.4 Electric Servo
7.5 Hydraulic
7.6 Fully Mechanical
7.7 Electric Actuator
8 GLOBAL SMART EXOSKELETON MARKET, BY EXTREMITY
8.1 Introduction
8.2 Upper Extremity
8.3 Lower Extremity
8.4 Full Body Extremity
9 GLOBAL SMART EXOSKELETON MARKET, BY APPLICATION
9.1 Introduction
9.2 Pick & Carry
9.3 Rehabilitation
10 GLOBAL SMART EXOSKELETON MARKET, BY END USER
10.1 Introduction
10.2 Residential
10.3 Military
10.4 Industrial
10.5 Healthcare
10.6 Commercial
11 GLOBAL SMART EXOSKELETON MARKET, BY GEOGRAPHY
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 KEY DEVELOPMENTS
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 COMPANY PROFILING
13.1 US Bionics, Inc.
13.2 Technaid. S.L.
13.3 Sarcos Corp.
13.4 Rex Bionics Ltd.
13.5 Honda Motor Co. Ltd.
13.6 Ekso Bionics
13.7 CYBERDYNE, INC.
13.8 BIONIK
13.9 ATOUN Inc.
13.10 ReWalk Robotics
2 PREFACE
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 MARKET TREND ANALYSIS
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 Technology Analysis
3.8 Application Analysis
3.9 End User Analysis
3.10 Emerging Markets
3.11 Impact of Covid-19
4 PORTERS FIVE FORCE ANALYSIS
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 GLOBAL SMART EXOSKELETON MARKET, BY COMPONENT
5.1 Introduction
5.2 Software
5.3 Hardware
5.3.1 Sensors
5.3.2 Power Source
5.3.3 Control System
5.3.4 Actuators
6 GLOBAL SMART EXOSKELETON MARKET, BY PRODUCT
6.1 Introduction
6.2 Ultra-Soft Exoskeleton
6.3 Soft Smart Exoskeleton
6.4 Rigid Smart Exoskeleton
7 GLOBAL SMART EXOSKELETON MARKET, BY TECHNOLOGY
7.1 Introduction
7.2 Shape Memory Alloy Actuator
7.3 Pneumatic Actuator
7.4 Electric Servo
7.5 Hydraulic
7.6 Fully Mechanical
7.7 Electric Actuator
8 GLOBAL SMART EXOSKELETON MARKET, BY EXTREMITY
8.1 Introduction
8.2 Upper Extremity
8.3 Lower Extremity
8.4 Full Body Extremity
9 GLOBAL SMART EXOSKELETON MARKET, BY APPLICATION
9.1 Introduction
9.2 Pick & Carry
9.3 Rehabilitation
10 GLOBAL SMART EXOSKELETON MARKET, BY END USER
10.1 Introduction
10.2 Residential
10.3 Military
10.4 Industrial
10.5 Healthcare
10.6 Commercial
11 GLOBAL SMART EXOSKELETON MARKET, BY GEOGRAPHY
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 KEY DEVELOPMENTS
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 COMPANY PROFILING
13.1 US Bionics, Inc.
13.2 Technaid. S.L.
13.3 Sarcos Corp.
13.4 Rex Bionics Ltd.
13.5 Honda Motor Co. Ltd.
13.6 Ekso Bionics
13.7 CYBERDYNE, INC.
13.8 BIONIK
13.9 ATOUN Inc.
13.10 ReWalk Robotics
LIST OF TABLES
Table 1 Global Smart Exoskeleton Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Smart Exoskeleton Market Outlook, By Component (2019-2028) ($MN)
Table 3 Global Smart Exoskeleton Market Outlook, By Software (2019-2028) ($MN)
Table 4 Global Smart Exoskeleton Market Outlook, By Hardware (2019-2028) ($MN)
Table 5 Global Smart Exoskeleton Market Outlook, By Sensors (2019-2028) ($MN)
Table 6 Global Smart Exoskeleton Market Outlook, By Power Source (2019-2028) ($MN)
Table 7 Global Smart Exoskeleton Market Outlook, By Control System (2019-2028) ($MN)
Table 8 Global Smart Exoskeleton Market Outlook, By Actuators (2019-2028) ($MN)
Table 9 Global Smart Exoskeleton Market Outlook, By Product (2019-2028) ($MN)
Table 10 Global Smart Exoskeleton Market Outlook, By Ultra-Soft Exoskeleton (2019-2028) ($MN)
Table 11 Global Smart Exoskeleton Market Outlook, By Soft Smart Exoskeleton (2019-2028) ($MN)
Table 12 Global Smart Exoskeleton Market Outlook, By Rigid Smart Exoskeleton (2019-2028) ($MN)
Table 13 Global Smart Exoskeleton Market Outlook, By Technology (2019-2028) ($MN)
Table 14 Global Smart Exoskeleton Market Outlook, By Shape Memory Alloy Actuator (2019-2028) ($MN)
Table 15 Global Smart Exoskeleton Market Outlook, By Pneumatic Actuator (2019-2028) ($MN)
Table 16 Global Smart Exoskeleton Market Outlook, By Electric Servo (2019-2028) ($MN)
Table 17 Global Smart Exoskeleton Market Outlook, By Hydraulic (2019-2028) ($MN)
Table 18 Global Smart Exoskeleton Market Outlook, By Fully Mechanical (2019-2028) ($MN)
Table 19 Global Smart Exoskeleton Market Outlook, By Electric Actuator (2019-2028) ($MN)
Table 20 Global Smart Exoskeleton Market Outlook, By Extremity (2019-2028) ($MN)
Table 21 Global Smart Exoskeleton Market Outlook, By Upper Extremity (2019-2028) ($MN)
Table 22 Global Smart Exoskeleton Market Outlook, By Lower Extremity (2019-2028) ($MN)
Table 23 Global Smart Exoskeleton Market Outlook, By Full Body Extremity (2019-2028) ($MN)
Table 24 Global Smart Exoskeleton Market Outlook, By Application (2019-2028) ($MN)
Table 25 Global Smart Exoskeleton Market Outlook, By Pick & Carry (2019-2028) ($MN)
Table 26 Global Smart Exoskeleton Market Outlook, By Rehabilitation (2019-2028) ($MN)
Table 27 Global Smart Exoskeleton Market Outlook, By End User (2019-2028) ($MN)
Table 28 Global Smart Exoskeleton Market Outlook, By Residential (2019-2028) ($MN)
Table 29 Global Smart Exoskeleton Market Outlook, By Military (2019-2028) ($MN)
Table 30 Global Smart Exoskeleton Market Outlook, By Industrial (2019-2028) ($MN)
Table 31 Global Smart Exoskeleton Market Outlook, By Healthcare (2019-2028) ($MN)
Table 32 Global Smart Exoskeleton Market Outlook, By Commercial (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
Table 1 Global Smart Exoskeleton Market Outlook, By Region (2019-2028) ($MN)
Table 2 Global Smart Exoskeleton Market Outlook, By Component (2019-2028) ($MN)
Table 3 Global Smart Exoskeleton Market Outlook, By Software (2019-2028) ($MN)
Table 4 Global Smart Exoskeleton Market Outlook, By Hardware (2019-2028) ($MN)
Table 5 Global Smart Exoskeleton Market Outlook, By Sensors (2019-2028) ($MN)
Table 6 Global Smart Exoskeleton Market Outlook, By Power Source (2019-2028) ($MN)
Table 7 Global Smart Exoskeleton Market Outlook, By Control System (2019-2028) ($MN)
Table 8 Global Smart Exoskeleton Market Outlook, By Actuators (2019-2028) ($MN)
Table 9 Global Smart Exoskeleton Market Outlook, By Product (2019-2028) ($MN)
Table 10 Global Smart Exoskeleton Market Outlook, By Ultra-Soft Exoskeleton (2019-2028) ($MN)
Table 11 Global Smart Exoskeleton Market Outlook, By Soft Smart Exoskeleton (2019-2028) ($MN)
Table 12 Global Smart Exoskeleton Market Outlook, By Rigid Smart Exoskeleton (2019-2028) ($MN)
Table 13 Global Smart Exoskeleton Market Outlook, By Technology (2019-2028) ($MN)
Table 14 Global Smart Exoskeleton Market Outlook, By Shape Memory Alloy Actuator (2019-2028) ($MN)
Table 15 Global Smart Exoskeleton Market Outlook, By Pneumatic Actuator (2019-2028) ($MN)
Table 16 Global Smart Exoskeleton Market Outlook, By Electric Servo (2019-2028) ($MN)
Table 17 Global Smart Exoskeleton Market Outlook, By Hydraulic (2019-2028) ($MN)
Table 18 Global Smart Exoskeleton Market Outlook, By Fully Mechanical (2019-2028) ($MN)
Table 19 Global Smart Exoskeleton Market Outlook, By Electric Actuator (2019-2028) ($MN)
Table 20 Global Smart Exoskeleton Market Outlook, By Extremity (2019-2028) ($MN)
Table 21 Global Smart Exoskeleton Market Outlook, By Upper Extremity (2019-2028) ($MN)
Table 22 Global Smart Exoskeleton Market Outlook, By Lower Extremity (2019-2028) ($MN)
Table 23 Global Smart Exoskeleton Market Outlook, By Full Body Extremity (2019-2028) ($MN)
Table 24 Global Smart Exoskeleton Market Outlook, By Application (2019-2028) ($MN)
Table 25 Global Smart Exoskeleton Market Outlook, By Pick & Carry (2019-2028) ($MN)
Table 26 Global Smart Exoskeleton Market Outlook, By Rehabilitation (2019-2028) ($MN)
Table 27 Global Smart Exoskeleton Market Outlook, By End User (2019-2028) ($MN)
Table 28 Global Smart Exoskeleton Market Outlook, By Residential (2019-2028) ($MN)
Table 29 Global Smart Exoskeleton Market Outlook, By Military (2019-2028) ($MN)
Table 30 Global Smart Exoskeleton Market Outlook, By Industrial (2019-2028) ($MN)
Table 31 Global Smart Exoskeleton Market Outlook, By Healthcare (2019-2028) ($MN)
Table 32 Global Smart Exoskeleton Market Outlook, By Commercial (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
