Exoskeleton Market By Extremities Position (Upper Exoskeleton, Lower Exoskeleton, Full Body Exoskeleton), By Type (Powered, Passive), By Mobility (Fixed Exoskeleton, Mobile Exoskeleton), By End-user (Healthcare, Defense, Industrial) – Growth, Future Prospects & Competitive Analysis, 2018 – 2026

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Industry Outlook

At first, exoskeletons seemed like an unrealistic and distant idea for the future. However, the actual exoskeleton appeared much earlier than anticipated, and developers are introducing several exoskeletons for different end-use applications. These exoskeletons are gaining significant appreciation from end-use verticals, including military & defense, industrial, and medical applications. This further encouraged the demand for and development of exoskeletons, driving the new market across the globe.

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Market Synopsis

Lower Extremity Exoskeletons Compete for Market Value with Upper Extremity Exoskeletons

On the basis of exoskeleton position, exoskeletons are divided into three basic categories, upper, lower, and full-body exoskeletons. At present, the majority of the market share is dominated by the upper exoskeleton, which is extensively used for industrial applications. The upper exoskeleton is generally worn by workers, allowing them to lift heavy loads easily, which is not possible without any external aid. Such exoskeletons are also used by soldiers in the armed forces to carry loads as heavy as 45–50 kg on their backs. Lower extremity exoskeletons are typically used for rehabilitation and as walking aids for people with walking deformities. Due to technological limitations, full-body exoskeletons are struggling to make a mark in the overall exoskeleton market. The full-body exoskeleton, on the other hand, is expected to grow rapidly in the coming years.

Mobile exoskeletons are all set to bring a revolution to the overall exoskeleton market.

The exoskeleton is divided into two types based on mobility: fixed and mobile. Both the exoskeleton and the endoskeleton, as the name implies, have individual mobility traits and are used for specific applications. For instance, fixed exoskeletons are extensively used for commercial and industrial applications, allowing workers to orient heavy material from one position to another. However, fixed exoskeletons have limited applications and hence claim less market share compared to mobile exoskeletons. On the other hand, mobile exoskeletons are proliferating at a brisk rate and are expected to maintain their dominance throughout and beyond the forecast period.

North American Region, One of the First to Explore the Potential of an Exoskeleton

At present, North America leads the overall exoskeleton market in terms of market value. The U.S. and Canada are incorporating exoskeletons on a considerable scale for various end-user applications and especially for military and defense applications. With consistent development of the exoskeleton, the market is projected to grow at a significant rate in the coming years. With respect to growth rate, Asia Pacific is estimated to register the fastest growth throughout the forecast period. Low cost compared to industrial robots and easy handling are two of the several major factors expected to drive the exoskeleton market in Asia Pacific in the coming years.

Market Segmentation

Product Innovation Ignited Fierce Competition Among Major Exoskeleton Developers

With almost endless end-use applications, exoskeletons offer a world of opportunities for companies to claim their market share. Companies are trying to develop state-of-the-art application-specific exoskeletons and, hence, are facing each other in a cutthroat competition. Some of the key exoskeleton vendors profiled in this research study include Lockheed Martin Corporation, Parker Hannifin, Honda Motor Co. Ltd., Hyundai Motor, ReWalk Robotics, Mitsubishi Heavy Industries, Rex Bionics Plc., Suit X, ActiveLink, Bionik Laboratories Corp., DIH Technologies Corporation, Cyberdyne Inc., and Ottobock, among others.

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Key questions are answered in this report.

  • What are the recent trends in the global exoskeleton market and possible perspectives for automotive security systems providers?
  • How has the growth of advanced robotics and their demand for manufacturing and processing created a positive environment for the growth of the global as well as regional exoskeleton market?
  • Which is the largest and fastest-growing segment in terms of extremity position, type, and mobility?
  • Which is the most attractive geographical region or country for the overall market for exoskeletons?
  • How will developing technology and exoskeleton systems play a crucial role in the overall prosthetics market in the coming years?
  • What are the market values, estimations, and tendencies in developing regions such as the Asia Pacific, the Middle East, Africa, and Latin America?

1. Preface
1.1. Report Description
1.1.1. Purpose of the Report
1.1.2. Target Audience
1.1.3. USP and Key Offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Phase I-Secondary Research
1.3.2. Phase II-Primary Research
1.3.3. Approach Adopted
1.3.4. Top-Down Approach
1.3.5. Bottom-Up Approach
1.3.6. Phase III-Expert Panel Review
1.3.7. Assumptions
1.4. Market Segmentation

2. Executive Summary
2.1. Global Exoskeleton Market Snapshot
2.2. Global Exoskeleton Market, by Extremities Position
2.3. Global Exoskeleton Market, by Type
2.4. Global Exoskeleton Market, by Mobility
2.5. Global Exoskeleton Market, by End-user
2.6. Global Exoskeleton Market, by Geography

3. Global Exoskeleton Market Analysis
3.1. Global Exoskeleton Market Overview
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.2. Market Challenges
3.3. See-Saw Analysis
3.3.1. Impact Analysis
3.4. Attractive Investment Proposition
3.5. Competitive Landscape
3.5.1. Market Positioning of Key Industry Participants
3.5.2. Major Strategies Adopted by Key Industry Participants

4. Global Exoskeleton Market Value, by Extremities Position, 2016 – 2026 (US$ Mn)
4.1. Overview
4.1.1. Global Exoskeleton Market Value Share, by Extremities Position, 2017 & 2026 (Value %)
4.1.2. Global Exoskeleton Market Value, by Extremities Position, 2016 – 2026 (US$ Mn)
4.2. Upper Exoskeleton
4.2.1. Global Upper Exoskeleton Market, 2016 – 2026 (US$ Mn)
4.3. Lower Exoskeleton
4.3.1. Global Lower Exoskeleton Market, 2016 – 2026 (US$ Mn)
4.4. Full Body Exoskeleton
4.4.1. Global Full Body Exoskeleton Market, 2016 – 2026 (US$ Mn)

5. Global Exoskeleton Market Value, by Type, 2016 – 2026 (US$ Mn)
5.1. Overview
5.1.1. Global Exoskeleton Market Value Share, Type, 2017 & 2026 (Value %)
5.1.2. Global Exoskeleton Market Value, Type, 2016 – 2026 (US$ Mn)
5.2. Powered
5.2.1. Global Powered Exoskeleton Market, 2016 – 2026 (US$ Mn)
5.3. Passive
5.3.1. Global Passive Exoskeleton Market, 2016 – 2026 (US$ Mn)

6. Global Exoskeleton Market Value, by Mobility, 2016 – 2026 (US$ Mn)
6.1. Overview
6.1.1. Global Exoskeleton Market Value Share, by Mobility, 2017 & 2026 (Value %)
6.1.2. Global Exoskeleton Market Value, by Mobility, 2016 – 2026 (US$ Mn)
6.2. Fixed Exoskeleton
6.2.1. Global Fixed Exoskeleton Market, 2016 – 2026 (US$ Mn)
6.3. Mobile Exoskeleton
6.3.1. Global Mobile Exoskeleton Market, 2016 – 2026 (US$ Mn)

7. Global Exoskeleton Market Value, by End-user, 2016 – 2026 (US$ Mn)
7.1. Overview
7.1.1. Global Exoskeleton Market Value Share, End-user, 2017 & 2026 (Value %)
7.1.2. Global Exoskeleton Market Value, End-user, 2016 – 2026 (US$ Mn)
7.2. Healthcare
7.2.1. Global Exoskeleton Market for Healthcare, 2016 – 2026 (US$ Mn)
7.3. Defense
7.3.1. Global Exoskeleton Market for Defense, 2016 – 2026 (US$ Mn)
7.4. Industrial
7.4.1. Global Exoskeleton Market for Industrial, 2016 – 2026 (US$ Mn)

8. North America Exoskeleton Market Analysis, 2016 – 2026 (US$ Mn)
8.1. Overview
8.1.1. North America Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
8.2. North America Exoskeleton Market, by Extremities Position, 2016 – 2026 (US$ Mn)
8.2.1. Comparative Analysis
8.3. North America Exoskeleton Market, by Type, 2016 – 2026 (US$ Mn)
8.3.1. Comparative Analysis
8.4. North America Exoskeleton Market, by Mobility, 2016 – 2026 (US$ Mn)
8.4.1. Comparative Analysis
8.5. North America Exoskeleton Market, by End-user, 2016 – 2026 (US$ Mn)
8.5.1. Comparative Analysis
8.6. North America Exoskeleton Market Value, by Country, 2016 – 2026 (US$ Mn)
8.6.1. U.S.
8.6.2. Canada

9. Europe Exoskeleton Market Analysis, 2016 – 2026 (US$ Mn)
9.1. Overview
9.1.1. Europe Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
9.2. Europe Exoskeleton Market, by Extremities Position, 2016 – 2026 (US$ Mn)
9.2.1. Comparative Analysis
9.3. Europe Exoskeleton Market, by Type, 2016 – 2026 (US$ Mn)
9.3.1. Comparative Analysis
9.4. Europe Exoskeleton Market, by Mobility, 2016 – 2026 (US$ Mn)
9.4.1. Comparative Analysis
9.5. Europe Exoskeleton Market, by End-user, 2016 – 2026 (US$ Mn)
9.5.1. Comparative Analysis
9.6. Europe Exoskeleton Market Value, by Country, 2016 – 2026 (US$ Mn)
9.6.1. U.K.
9.6.2. Germany
9.6.3. France
9.6.4. Rest of Europe

10. Asia Pacific Exoskeleton Market Analysis, 2016 – 2026 (US$ Mn)
10.1. Overview
10.1.1. Asia Pacific Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
10.2. Asia Pacific Exoskeleton Market, by Extremities Position, 2016 – 2026 (US$ Mn)
10.2.1. Comparative Analysis
10.3. Asia Pacific Exoskeleton Market, by Type, 2016 – 2026 (US$ Mn)
10.3.1. Comparative Analysis
10.4. Asia Pacific Exoskeleton Market, by Mobility, 2016 – 2026 (US$ Mn)
10.4.1. Comparative Analysis
10.5. Asia Pacific Exoskeleton Market, by End-user, 2016 – 2026 (US$ Mn)
10.5.1. Comparative Analysis
10.6. Asia Pacific Exoskeleton Market Value, by Country, 2016 – 2026 (US$ Mn)
10.6.1. China
10.6.2. Japan
10.6.3. India
10.6.4. Rest of Asia Pacific

11. Rest of World (RoW) Exoskeleton Market Analysis, 2016 – 2026 (US$ Mn)
11.1. Overview
11.1.1. RoW Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
11.2. RoW Exoskeleton Market, by Extremities Position, 2016 – 2026 (US$ Mn)
11.2.1. Comparative Analysis
11.3. RoW Exoskeleton Market, by Type, 2016 – 2026 (US$ Mn)
11.3.1. Comparative Analysis
11.4. RoW Exoskeleton Market, by Mobility, 2016 – 2026 (US$ Mn)
11.4.1. Comparative Analysis
11.5. RoW Exoskeleton Market, by End-user, 2016 – 2026 (US$ Mn)
11.5.1. Comparative Analysis
11.6. RoW Exoskeleton Market Value, by Country, 2016 – 2026 (US$ Mn)
11.6.1. Middle East & Africa
11.6.2. Latin America

12. Company Profiles
12.1. Lockheed Martin Corporation
12.2. Parker Hannifin
12.3. Honda Motor Co. Ltd.
12.4. Hyundai Motor
12.5. ReWalk Robotics
12.6. MITSUBISHI HEAVY INDUSTRIES
12.7. Rex Bionics Plc
12.8. Suit X
12.9. ActiveLink
12.10. Bionik Laboratories Corp
12.11. DIH Technologies Corporation
12.12. Cyberdyne Inc.
12.13. Ottobock

List of Figures

FIG. 1 Global Exoskeleton: Market Segmentation
FIG. 2 Global Exoskeleton Market: Research Methodology
FIG. 3 Top-Down and Bottom-Up Approach
FIG. 4 Global Exoskeleton Market Segmentation
FIG. 5 Global Exoskeleton Market, by Extremities Position, 2017 (US$ Mn)
FIG. 6 Global Exoskeleton Market, by Type, 2017 (US$ Mn)
FIG. 7 Global Exoskeleton Market, by Mobility, 2017 (US$ Mn)
FIG. 8 Global Exoskeleton Market, by End-user, 2017 (US$ Mn)
FIG. 9 Global Exoskeleton Market, by Geography, 2017 (US$ Mn)
FIG. 10 Global Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 11 See-Saw Analysis: Global Exoskeleton Market
FIG. 12 Market Positioning of Key Industry Participants, 2017
FIG. 13 Global Exoskeleton Market Value Contribution, by Extremities Position, 2017 & 2026 (Value %)
FIG. 14 Global Upper Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 15 Global Lower Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 16 Global Full Body Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 17 Global Exoskeleton Market Value Contribution, by Type, 2017 & 2026 (Value %)
FIG. 18 Global Powered Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 19 Global Passive Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 20 Global Exoskeleton Market Value Contribution, by Mobility, 2017 & 2026 (Value %)
FIG. 21 Global Fixed Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 22 Global Mobile Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 23 Global Exoskeleton Market Value Contribution, by End-user, 2017 & 2026 (Value %)
FIG. 24 Global Exoskeleton Market Value for Healthcare, 2016 – 2026, (US$ Mn)
FIG. 25 Global Exoskeleton Market Value for Defense, 2016 – 2026, (US$ Mn)
FIG. 26 Global Exoskeleton Market Value for Industrial, 2016 – 2026, (US$ Mn)
FIG. 27 North America Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 28 U.S. Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 29 Canada Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 30 Europe Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 31 U.K. Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 32 Germany Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 33 France Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 34 Rest of Europe Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 35 Asia Pacific Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 36 China Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 37 Japan Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 38 India Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 39 Rest of Asia Pacific Exoskeleton Market Value, 2016 – 2026, (US$ Mn)
FIG. 40 RoW Exoskeleton Market Value, 2017– 2026, (US$ Mn)
FIG. 41 Middle East & Africa Exoskeleton Market Value, 2017– 2026, (US$ Mn)
FIG. 42 Latin America Exoskeleton Market Value, 2017– 2026, (US$ Mn)

List of Tables

TABLE 1 Market Snapshot: Global Exoskeleton Market
TABLE 2 Impact Indicators
TABLE 3 Impact Analysis of Drivers and Restraints
TABLE 4 North America Exoskeleton Market Value, by Extremities Position, 2016 – 2026 (US$ Mn)
TABLE 5 North America Exoskeleton Market Value, by Type, 2016 – 2026 (US$ Mn)
TABLE 6 North America Exoskeleton Market Value, by Mobility, 2016 – 2026 (US$ Mn)
TABLE 7 North America Exoskeleton Market Value, by End-user, 2016 – 2026 (US$ Mn)
TABLE 8 North America Exoskeleton Market Value, by Country, 2016 – 2026 (US$ Mn)
TABLE 9 Europe Exoskeleton Market Value, by Extremities Position, 2016 – 2026 (US$ Mn)
TABLE 10 Europe Exoskeleton Market Value, by Type, 2016 – 2026 (US$ Mn)
TABLE 11 Europe Exoskeleton Market Value, by Mobility, 2016 – 2026 (US$ Mn)
TABLE 12 Europe Exoskeleton Market Value, by End-user, 2016 – 2026 (US$ Mn)
TABLE 13 Europe Exoskeleton Market Value, by Country, 2016 – 2026 (US$ Mn)
TABLE 14 Asia Pacific Exoskeleton Market Value, by Extremities Position, 2016 – 2026 (US$ Mn)
TABLE 15 Asia Pacific Exoskeleton Market Value, by Type, 2016 – 2026 (US$ Mn)
TABLE 16 Asia Pacific Exoskeleton Market Value, by Mobility, 2016 – 2026 (US$ Mn)
TABLE 17 Asia Pacific Exoskeleton Market Value, by End-user, 2016 – 2026 (US$ Mn)
TABLE 18 Asia Pacific Exoskeleton Market Value, by Country, 2016 – 2026 (US$ Mn)
TABLE 19 Rest of World Exoskeleton Market Value, by Extremities Position, 2016 – 2026 (US$ Mn)
TABLE 20 Rest of World Exoskeleton Market Value, by Type, 2016 – 2026 (US$ Mn)
TABLE 21 Rest of World Exoskeleton Market Value, by Mobility, 2016 – 2026 (US$ Mn)
TABLE 22 Rest of World Exoskeleton Market Value, by End-user, 2016 – 2026 (US$ Mn)
TABLE 23 Rest of World Exoskeleton Market Value, by Region, 2016 – 2026 (US$ Mn)
TABLE 24 Lockheed Martin Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 25 Parker Hannifin: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 26 Honda Motor Co. Ltd.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 27 Hyundai Motor: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 28 ReWalk Robotics: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 29 MITSUBISHI HEAVY INDUSTRIES: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 30 Rex Bionics Plc: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 31 Suit X: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 32 ActiveLink: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 33 Bionik Laboratories Corp: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 34 DIH Technologies Corporation: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 35 Cyberdyne Inc.: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)
TABLE 36 Ottobock: Company Snapshot (Company Details, Geographical Presence, Product Portfolio, Key Industries Served, Recent Developments)

Frequently Asked Questions:

What is the size of Exoskeleton Market?

The market for Exoskeleton Market is expected to reach US$ XX Mn by 2026.

What is the Exoskeleton Market CAGR?

The Exoskeleton Market is expected to see significant CAGR growth over the coming years, at XX%.

What is the Forecast period considered for Exoskeleton Market?

The report is forecasted from 2018-2026.

What is the base year considered for Exoskeleton Market?

The base year of this report is 2017.

Who are the major players in this market?

Parker Hannifin, Honda Motor Co. Ltd., Hyundai Motor, ReWalk Robotics, Mitsubishi Heavy Industries, Rex Bionics Plc., Suit X, ActiveLink, Bionik Laboratories Corp., DIH Technologies Corporation are some of the major players in the global market.

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