Global powered exoskeletons market will reach $15.14 billion by 2032, growing by 34.2% 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. The annual sales volume is expected to grow by 44.8% annually over the forecast period.
Highlighted with 101 tables and 145 figures, this 236-page report “Global 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 Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global 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 global 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 global powered exoskeletons market in every aspect of the classification from perspectives of Offering, Function, Mobility, Actuator, Structure, Vertical, and Region.
Based on Offering, the global 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 global 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 global 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 global 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 global 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 global 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 regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Israel, Saudi Arabia, South Africa, and Rest of MEA)
For each region and country, detailed analysis and data of annual revenue ($ mn) and sales volume (units) are available for 2022-2032. The breakdown of all regional markets by country and the breakdown of each national market 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 12
1.1 Industry Definition and Research Scope 12
1.1.1 Industry Definition 12
1.1.2 Research Scope 14
1.2 Research Methodology 17
1.2.1 Overview of Market Research Methodology 17
1.2.2 Market Assumption 18
1.2.3 Secondary Data 18
1.2.4 Primary Data 18
1.2.5 Data Filtration and Model Design 19
1.2.6 Market Size/Share Estimation 20
1.2.7 Research Limitations 21
1.3 Executive Summary 22
2 Market Overview and Dynamics 25
2.1 Market Size and Forecast 25
2.1.1 Impact of COVID-19 on World Economy 28
2.1.2 Impact of COVID-19 on the Market 31
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 33
2.2 Major Growth Drivers 37
2.3 Market Restraints and Challenges 43
2.4 Emerging Opportunities and Market Trends 46
2.5 Porter’s Fiver Forces Analysis 50
3 Segmentation of Global Market by Offering 54
3.1 Market Overview by Offering 54
3.2 Hardware 56
3.2.1 Sensors 57
3.2.2 Actuators 58
3.2.3 Actuator Sources 59
3.2.4 Controllers 60
3.2.5 Other Hardware 61
3.3 Software 62
3.4 Services 63
4 Segmentation of Global Market by Function 64
4.1 Market Overview by Function 64
4.2 Upper Body Exoskeletons 68
4.3 Lower Body Exoskeletons 70
4.4 Full Body Exoskeletons 72
5 Segmentation of Global Market by Mobility 74
5.1 Market Overview by Mobility 74
5.2 Mobile Exoskeletons 78
5.3 Stationary Exoskeletons 80
5.4 Tethered Exoskeletons 82
6 Segmentation of Global Market by Actuator 84
6.1 Market Overview by Actuator 84
6.2 Electric Actuator 88
6.3 Pneumatic Actuator 90
6.4 Hydraulic Actuator 92
6.5 Fuel Cell Actuator 94
6.6 Other Types 96
7 Segmentation of Global Market by Structure 98
7.1 Market Overview by Structure 98
7.2 Rigid Exoskeletons 102
7.3 Soft Exoskeletons 104
8 Segmentation of Global Market by Vertical 106
8.1 Market Overview by Vertical 106
8.2 Healthcare Sector 110
8.2.1 Rehabilitation 112
8.2.2 Mobility Aid 113
8.3 Military Sector 114
8.4 Industrial Sector 116
8.4.1 Manufacture 118
8.4.2 Construction 119
8.4.3 Logistics 120
8.4.4 Other Industrial Applications 121
8.5 Civilian/Consumer Sector 122
9 Segmentation of Global Market by Region 124
9.1 Geographic Market Overview 2022-2032 124
9.2 North America Market 2022-2032 by Country 130
9.2.1 Overview of North America Market 130
9.2.2 U.S. 136
9.2.3 Canada 139
9.2.4 Mexico 141
9.3 European Market 2022-2032 by Country 143
9.3.1 Overview of European Market 143
9.3.2 Germany 149
9.3.3 U.K. 151
9.3.4 France 153
9.3.5 Spain 155
9.3.6 Italy 157
9.3.7 Russia 159
9.3.8 Rest of European Market 161
9.4 Asia-Pacific Market 2022-2032 by Country/Region 163
9.4.1 Overview of Asia-Pacific Market 163
9.4.2 Japan 169
9.4.3 China 172
9.4.4 Australia 174
9.4.5 India 176
9.4.6 South Korea 178
9.4.7 Rest of APAC Region 180
9.5 South America Market 2022-2032 by Country 182
9.5.1 Argentina 188
9.5.2 Brazil 190
9.5.3 Chile 192
9.5.4 Rest of South America Market 194
9.6 MEA Market 2022-2032 by Country 195
9.6.1 Israel 201
9.6.2 Saudi Arabia 203
9.6.3 South Africa 205
9.6.4 Other National Markets 207
10 Competitive Landscape 208
10.1 Overview of Key Vendors 208
10.2 New Product Launch, Partnership, Investment, and M&A 213
10.3 Company Profiles 216
AlterG Inc. 216
Atoun Inc. 218
Bionic Power Inc. 219
Bionik Laboratiories Corp. 220
Cyberdyne Inc. 221
Daewoo Shipbuilding & Marine Engineering Co., Ltd. 222
Ekso Bionics Holdings Inc. 223
Honda Motor Co., Ltd. 224
Lockheed Martin Corp. 225
Myomo Inc. 226
Noonee 227
Panasonic Holdings Corp. 228
Parker Hannifin Corp. 229
Reha Technology AG 230
ReWalk Robotics Inc. 231
Rex Bionics Ltd. 232
Robotdalen 233
Sarcos Corporation 234
US Bionics Inc. (Suitx) 235
RELATED REPORTS 236
List of Tables:
Table 1. Snapshot of Global Powered Exoskeletons Market in Balanced Perspective, 2022-2032 23
Table 2. World Economic Outlook, 2021-2031 29
Table 3. World Economic Outlook, 2021-2023 30
Table 4. Scenarios for Economic Impact of Ukraine Crisis 34
Table 5. World Health Spending by Region, $ bn, 2013-2020 42
Table 6. Main Product Trends and Market Opportunities in Global Powered Exoskeletons Market 46
Table 7. Global Powered Exoskeletons Market by Offering, 2022-2032, $ mn 54
Table 8. Global Powered Exoskeletons Market: Hardware by Type, 2022-2032, $ mn 56
Table 9. Global Powered Exoskeletons Market by Function, 2022-2032, $ mn 64
Table 10. Global Powered Exoskeletons Market by Function, 2022-2032, units 66
Table 11. Global Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 74
Table 12. Global Powered Exoskeletons Market by Mobility, 2022-2032, units 76
Table 13. Global Powered Exoskeletons Market by Actuator, 2022-2032, $ mn 84
Table 14. Global Powered Exoskeletons Market by Actuator, 2022-2032, units 86
Table 15. Global Powered Exoskeletons Market by Structure, 2022-2032, $ mn 98
Table 16. Global Powered Exoskeletons Market by Structure, 2022-2032, units 100
Table 17. Global Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 106
Table 18. Global Powered Exoskeletons Market by Vertical, 2022-2032, units 108
Table 19. Global Powered Exoskeletons Market: Healthcare Sector by Application, 2022-2032, $ mn 110
Table 20. Global Powered Exoskeletons Market: Industrial Sector by Application, 2022-2032, $ mn 117
Table 21. Global Powered Exoskeletons Market by Region, 2022-2032, $ mn 125
Table 22. Global Powered Exoskeletons Market by Region, 2022-2032, units 127
Table 23. Leading National Powered Exoskeletons Market, 2022 and 2032, $ mn 129
Table 24. North America Powered Exoskeletons Market by Country, 2022-2032, $ mn 132
Table 25. North America Powered Exoskeletons Market by Country, 2022-2032, units 134
Table 26. U.S. Powered Exoskeletons Market by Function, 2022-2032, $ mn 138
Table 27. U.S. Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 138
Table 28. U.S. Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 138
Table 29. Canada Powered Exoskeletons Market by Function, 2022-2032, $ mn 140
Table 30. Canada Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 140
Table 31. Canada Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 140
Table 32. Mexico Powered Exoskeletons Market by Function, 2022-2032, $ mn 142
Table 33. Mexico Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 142
Table 34. Mexico Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 142
Table 35. Europe Powered Exoskeletons Market by Country, 2022-2032, $ mn 146
Table 36. Europe Powered Exoskeletons Market by Country, 2022-2032, units 148
Table 37. Germany Powered Exoskeletons Market by Function, 2022-2032, $ mn 150
Table 38. Germany Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 150
Table 39. Germany Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 150
Table 40. U.K. Powered Exoskeletons Market by Function, 2022-2032, $ mn 152
Table 41. U.K. Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 152
Table 42. U.K. Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 152
Table 43. France Powered Exoskeletons Market by Function, 2022-2032, $ mn 154
Table 44. France Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 154
Table 45. France Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 154
Table 46. Spain Powered Exoskeletons Market by Function, 2022-2032, $ mn 156
Table 47. Spain Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 156
Table 48. Spain Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 156
Table 49. Italy Powered Exoskeletons Market by Function, 2022-2032, $ mn 158
Table 50. Italy Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 158
Table 51. Italy Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 158
Table 52. Russia Powered Exoskeletons Market by Function, 2022-2032, $ mn 160
Table 53. Russia Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 160
Table 54. Russia Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 160
Table 55. Powered Exoskeletons Market in Rest of Europe by Country, 2022-2032, $ mn 162
Table 56. APAC Powered Exoskeletons Market by Country/Region, 2022-2032, $ mn 165
Table 57. APAC Powered Exoskeletons Market by Country/Region, 2022-2032, units 167
Table 58. Japan Powered Exoskeletons Market by Function, 2022-2032, $ mn 171
Table 59. Japan Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 171
Table 60. Japan Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 171
Table 61. China Powered Exoskeletons Market by Function, 2022-2032, $ mn 173
Table 62. China Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 173
Table 63. China Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 173
Table 64. Australia Powered Exoskeletons Market by Function, 2022-2032, $ mn 175
Table 65. Australia Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 175
Table 66. Australia Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 175
Table 67. India Powered Exoskeletons Market by Function, 2022-2032, $ mn 177
Table 68. India Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 177
Table 69. India Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 177
Table 70. South Korea Powered Exoskeletons Market by Function, 2022-2032, $ mn 179
Table 71. South Korea Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 179
Table 72. South Korea Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 179
Table 73. Powered Exoskeletons Market in Rest of APAC by Country/Region, 2022-2032, $ mn 181
Table 74. South America Powered Exoskeletons Market by Country, 2022-2032, $ mn 185
Table 75. South America Powered Exoskeletons Market by Country, 2022-2032, units 187
Table 76. Argentina Powered Exoskeletons Market by Function, 2022-2032, $ mn 189
Table 77. Argentina Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 189
Table 78. Argentina Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 189
Table 79. Brazil Powered Exoskeletons Market by Function, 2022-2032, $ mn 191
Table 80. Brazil Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 191
Table 81. Brazil Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 191
Table 82. Chile Powered Exoskeletons Market by Function, 2022-2032, $ mn 193
Table 83. Chile Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 193
Table 84. Chile Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 193
Table 85. MEA Powered Exoskeletons Market by Country, 2022-2032, $ mn 197
Table 86. MEA Powered Exoskeletons Market by Country, 2022-2032, units 199
Table 87. Israel Powered Exoskeletons Market by Function, 2022-2032, $ mn 202
Table 88. Israel Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 202
Table 89. Israel Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 202
Table 90. Saudi Arabia Powered Exoskeletons Market by Function, 2022-2032, $ mn 204
Table 91. Saudi Arabia Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 204
Table 92. Saudi Arabia Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 204
Table 93. South Africa Powered Exoskeletons Market by Function, 2022-2032, $ mn 206
Table 94. South Africa Powered Exoskeletons Market by Mobility, 2022-2032, $ mn 206
Table 95. South Africa Powered Exoskeletons Market by Vertical, 2022-2032, $ mn 206
Table 96. Breakdown of World Market by Key Vendor, 2022, % 210
Table 97. Main Vendors and Product Offerings 211
Table 98. Recent Development and Activities 214
Table 99. AlterG Inc.: Company Snapshot 216
Table 100. AlterG Inc.: Business Segmentation 217
Table 101. AlterG Inc.: Product Portfolio 217
