Europe powered exoskeletons market was valued at $178 million in 2022 and will grow by 33.9% annually over 2022-2032, driven by the rapid development of exoskeleton technologies, an increase in the physically challenged population, the rising demand for rehabilitation therapy, and the adoption of exoskeletons in military and defense.
Highlighted with 47 tables and 98 figures, this 168-page report “Europe Powered Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Mobility (Mobile, Stationary, Tethered), Actuator (Electric, Pneumatic, Hydraulic, Fuel Cell, Others), Structure (Rigid, Soft), Vertical (Healthcare, Military, Industrial, Civilian/Consumer), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Europe powered 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 Europe 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 Europe powered exoskeletons market in every aspect of the classification from perspectives of Offering, Function, Mobility, Actuator, Structure, Vertical, and Country.
Based on Offering, the Europe 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 Europe 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 Mobility, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Mobile Exoskeletons
• Stationary Exoskeletons
• Tethered Exoskeletons
By Actuator, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Electric Actuator
• Pneumatic Actuator
• Hydraulic Actuator
• Fuel Cell Actuator
• Other Actuator Types
By Structure, the Europe 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
By Vertical, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Healthcare Sector
o Rehabilitation
o Mobility Aid
• Military Sector
• Industrial Sector
o Manufacture
o Construction
o Logistics
o Other Industrial Applications
• Civilian/Consumer Sector
Geographically, the following national/local markets are fully investigated:
• Germany
• UK
• France
• Spain
• Italy
• Russia
• Rest of Europe (further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
For each key country, detailed analysis and data for annual revenue ($ mn) and sales volume (units) are available for 2022-2032. The breakdown of national markets by Function, Mobility, and Vertical 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:
AlterG Inc.
Atoun Inc.
Bionic Power Inc.
Bionik Laboratiories Corp.
Cyberdyne Inc.
Daewoo Shipbuilding & Marine Engineering Co., Ltd.
Ekso Bionics Holdings Inc.
Honda Motor Co., Ltd.
Lockheed Martin Corp.
Myomo Inc.
Noonee
Panasonic Holdings Corp.
Parker Hannifin Corp.
Reha Technology AG
ReWalk Robotics Inc.
Rex Bionics Ltd.
Robotdalen
Sarcos Corporation
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 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 11
1.2 Research Methodology 14
1.2.1 Overview of Market Research Methodology 14
1.2.2 Market Assumption 15
1.2.3 Secondary Data 15
1.2.4 Primary Data 15
1.2.5 Data Filtration and Model Design 16
1.2.6 Market Size/Share Estimation 17
1.2.7 Research Limitations 18
1.3 Executive Summary 19
2 Market Overview and Dynamics 22
2.1 Market Size and Forecast 22
2.1.1 Impact of COVID-19 on World Economy 25
2.1.2 Impact of COVID-19 on the Market 28
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 30
2.2 Major Growth Drivers 34
2.3 Market Restraints and Challenges 40
2.4 Emerging Opportunities and Market Trends 43
2.5 Porter’s Fiver Forces Analysis 47
3 Segmentation of Europe Market by Offering 51
3.1 Market Overview by Offering 51
3.2 Hardware 53
3.2.1 Sensors 54
3.2.2 Actuators 55
3.2.3 Actuator Sources 56
3.2.4 Controllers 57
3.2.5 Other Hardware 58
3.3 Software 59
3.4 Services 60
4 Segmentation of Europe Market by Function 61
4.1 Market Overview by Function 61
4.2 Upper Body Exoskeletons 65
4.3 Lower Body Exoskeletons 67
4.4 Full Body Exoskeletons 69
5 Segmentation of Europe Market by Mobility 71
5.1 Market Overview by Mobility 71
5.2 Mobile Exoskeletons 75
5.3 Stationary Exoskeletons 77
5.4 Tethered Exoskeletons 79
6 Segmentation of Europe Market by Actuator 81
6.1 Market Overview by Actuator 81
6.2 Electric Actuator 85
6.3 Pneumatic Actuator 87
6.4 Hydraulic Actuator 89
6.5 Fuel Cell Actuator 91
6.6 Other Types 93
7 Segmentation of Europe Market by Structure 95
7.1 Market Overview by Structure 95
7.2 Rigid Exoskeletons 99
7.3 Soft Exoskeletons 101
8 Segmentation of Europe Market by Vertical 103
8.1 Market Overview by Vertical 103
8.2 Healthcare Sector 107
8.2.1 Rehabilitation 109
8.2.2 Mobility Aid 110
8.3 Military Sector 111
8.4 Industrial Sector 113
8.4.1 Manufacture 115
8.4.2 Construction 116
8.4.3 Logistics 117
8.4.4 Other Industrial Applications 118
8.5 Civilian/Consumer Sector 119
9 European Market 2022-2032 by Country 121
9.1 Overview of European Market 121
9.2 Germany 126
9.3 U.K. 128
9.4 France 130
9.5 Spain 132
9.6 Italy 134
9.7 Russia 136
9.8 Rest of European Market 138
10 Competitive Landscape 140
10.1 Overview of Key Vendors 140
10.2 New Product Launch, Partnership, Investment, and M&A 145
10.3 Company Profiles 148
AlterG Inc. 148
Atoun Inc. 150
Bionic Power Inc. 151
Bionik Laboratiories Corp. 152
Cyberdyne Inc. 153
Daewoo Shipbuilding & Marine Engineering Co., Ltd. 154
Ekso Bionics Holdings Inc. 155
Honda Motor Co., Ltd. 156
Lockheed Martin Corp. 157
Myomo Inc. 158
Noonee 159
Panasonic Holdings Corp. 160
Parker Hannifin Corp. 161
Reha Technology AG 162
ReWalk Robotics Inc. 163
Rex Bionics Ltd. 164
Robotdalen 165
Sarcos Corporation 166
US Bionics Inc. (Suitx) 167
RELATED REPORTS 168
List of Tables:
Table 1. Snapshot of Europe Powered Exoskeletons Market in Balanced Perspective, 2022-2032 20
Table 2. World Economic Outlook, 2021-2031 26
Table 3. World Economic Outlook, 2021-2023 27
Table 4. Scenarios for Economic Impact of Ukraine Crisis 31
Table 5. World Health Spending by Region, $ bn, 2013-2020 39
Table 6. Main Product Trends and Market Opportunities in Europe Powered Exoskeletons Market 43
Table 7. Europe Powered Exoskeletons Market by Offering, 2022-2032, $ mn 51
Table 8. Europe Powered Exoskeletons Market: Hardware by Type, 2022-2032, $ mn 53
Table 9. Europe Powered Exoskeletons Market by Function, 2022-2032, $ mn 61
Table 10. Europe Powered Exoskeletons Market by Function, 2022-2032, units 63
Table 11. Europe Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 71
Table 12. Europe Powered Exoskeletons Market by Mobility, 2022-2032, units 73
Table 13. Europe Powered Exoskeletons Market by Actuator, 2022-2032, $ mn 81
Table 14. Europe Powered Exoskeletons Market by Actuator, 2022-2032, units 83
Table 15. Europe Powered Exoskeletons Market by Structure, 2022-2032, $ mn 95
Table 16. Europe Powered Exoskeletons Market by Structure, 2022-2032, units 97
Table 17. Europe Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 103
Table 18. Europe Powered Exoskeletons Market by Vertical, 2022-2032, units 105
Table 19. Europe Powered Exoskeletons Market: Healthcare Sector by Application, 2022-2032, $ mn 107
Table 20. Europe Powered Exoskeletons Market: Industrial Sector by Application, 2022-2032, $ mn 114
Table 21. Europe Powered Exoskeletons Market by Country, 2022-2032, $ mn 123
Table 22. Europe Powered Exoskeletons Market by Country, 2022-2032, units 125
Table 23. Germany Powered Exoskeletons Market by Function, 2022-2032, $ mn 127
Table 24. Germany Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 127
Table 25. Germany Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 127
Table 26. U.K. Powered Exoskeletons Market by Function, 2022-2032, $ mn 129
Table 27. U.K. Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 129
Table 28. U.K. Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 129
Table 29. France Powered Exoskeletons Market by Function, 2022-2032, $ mn 131
Table 30. France Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 131
Table 31. France Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 131
Table 32. Spain Powered Exoskeletons Market by Function, 2022-2032, $ mn 133
Table 33. Spain Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 133
Table 34. Spain Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 133
Table 35. Italy Powered Exoskeletons Market by Function, 2022-2032, $ mn 135
Table 36. Italy Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 135
Table 37. Italy Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 135
Table 38. Russia Powered Exoskeletons Market by Function, 2022-2032, $ mn 137
Table 39. Russia Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 137
Table 40. Russia Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 137
Table 41. Powered Exoskeletons Market in Rest of Europe by Country, 2022-2032, $ mn 139
Table 42. Breakdown of World Market by Key Vendor, 2022, % 142
Table 43. Main Vendors and Product Offerings 143
Table 44. Recent Development and Activities 146
Table 45. AlterG Inc.: Company Snapshot 148
Table 46. AlterG Inc.: Business Segmentation 149
Table 47. AlterG Inc.: Product Portfolio 149