Market Overview:
The global military exoskeleton market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for advanced and lightweight exoskeletons for soldiers. Additionally, the increasing focus on enhancing soldier mobility and strength is also contributing to the growth of this market. The global military exoskeleton market can be segmented on the basis of type into partial body exoskeletons and full body exoskeletons. Partial body exoskeletons are those that are worn only around specific parts of the body, such as legs or arms, while full body exoskeletons are worn by soldiers completely covering their bodies. On the basis of application, internal combustion engine equipment, batteries equipment and potentially fuel cells equipment are some major segments in this market. Internal combustion engine equipment includes engines used in ground vehicles such as tanks or armored personnel carriers (APCs). Batteries equipment includes batteries used in various applications such as electric vehicles (EVs), unmanned aerial vehicles (UAVs) or drones, and portable electronic devices such as laptops or smartphones.
Product Definition:
Military Exoskeleton is a wearable robot that helps soldiers to carry heavy loads and walk for longer distances. It gives the soldiers an extra pair of legs to help them march faster and farther.
Partial Body Exoskeleton:
Partial Body Exoskeleton, also known as Power-Assisted Mobile Device (PAMD) is a wearable robotic device used to support and enhance human strength. It can be used by individuals who have lost the use of their lower extremities due to a medical condition or injury. The exoskeleton provides mechanical advantage when compared with static systems; it allows the user to perform physical tasks more efficiently with less effort.
Full Body Exoskeleton:
Full body exoskeleton is a wearable robotic device that helps in providing support and stability to the wearers. It consists of an external frame which supports the weight of the wearer’s body and provides resistance against horizontal forces during walking, running, or jumping. The device also helps in reducing knee stress experienced by military personnel while wearing heavy load carrying equipment for long durations.
Application Insights:
The Internal Combustion Engine Equipment segment dominated the global military exoskeleton market in terms of revenue share in 2017. The demand for exoskeletons is expected to increase due to rising need for protection and enhancement of soldier¢â‚¬â„¢s ability during training and mission-critical operations. Furthermore, increasing focus on enhancing soldier¢â‚¬â„¢s performance by providing high endurance capabilities coupled with growing concerns regarding soldiers safety is projected to propel the growth over the forecast period.
Batteries equipment segment is anticipated to witness significant growth over the forecast period owing to increasing usage of electric powered exoskeletons that provide assistance and support while carrying heavy loads thereby improving a soldier¢â‚¬â„¢s stamina during long marches or patrols at remote locations.
Regional Analysis:
North America dominated the global military exoskeleton market in 2017. The U.S. is one of the major countries investing in research and development for developing advanced technologies to enhance its conventional forces, which is expected to drive regional growth over the forecast period.
Asia Pacific region is anticipated to witness significant growth over the forecast period owing to increasing government initiatives towards improving defense capabilities coupled with rising tensions between nuclear-armed nations such as India.
Growth Factors:
- Increasing demand for lightweight and portable exoskeletons from the military forces
- Development of advanced materials and technologies for manufacturing lightweight exoskeletons
- Growing investments in research and development of military exoskeletons
- Rising number of collaborations between defense agencies and private companies to develop new-generation military exoskeletons
- Proliferation of unmanned ground vehicles (UGVs) that can be used with wearable robotic systems to enhance soldier mobility
Scope Of The Report
Report Attributes
Report Details
Report Title
Military Exoskeleton Market Research Report
By Type
Partial Body Exoskeleton, Full Body Exoskeleton
By Application
Internal Combustion Engine Equipment, Batteries Equipment, Potentially Fuel Cells Equipment
By Companies
BAE Systems, Lockheed Martin Corporation, Raytheon Company, Boeing, General Dynamics Corporation, Honeywell Aerospace, Bionic Power, Ekso Bionics Holdings, SpringActive, Safran, BAE Systems
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Military Exoskeleton Market Report Segments:
The global Military Exoskeleton market is segmented on the basis of:
Types
Partial Body Exoskeleton, Full Body Exoskeleton
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Internal Combustion Engine Equipment, Batteries Equipment, Potentially Fuel Cells Equipment
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BAE Systems
- Lockheed Martin Corporation
- Raytheon Company
- Boeing
- General Dynamics Corporation
- Honeywell Aerospace
- Bionic Power
- Ekso Bionics Holdings
- SpringActive
- Safran
- BAE Systems
Highlights of The Military Exoskeleton Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Partial Body Exoskeleton
- Full Body Exoskeleton
- By Application:
- Internal Combustion Engine Equipment
- Batteries Equipment
- Potentially Fuel Cells Equipment
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Military Exoskeleton Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A military exoskeleton is a wearable device that helps people with disabilities or injuries walk, climb, and move more easily. They are often used by the military to help soldiers carry heavy loads or stay mobile in dangerous situations.
Some of the key players operating in the military exoskeleton market are BAE Systems, Lockheed Martin Corporation, Raytheon Company, Boeing, General Dynamics Corporation, Honeywell Aerospace, Bionic Power, Ekso Bionics Holdings, SpringActive, Safran, BAE Systems.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Military Exoskeleton Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Military Exoskeleton Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Military Exoskeleton Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Military Exoskeleton Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Military Exoskeleton Market Size & Forecast, 2018-2028
4.5.1 Military Exoskeleton Market Size and Y-o-Y Growth
4.5.2 Military Exoskeleton Market Absolute $ Opportunity
Chapter 5 Global Military Exoskeleton Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Military Exoskeleton Market Size Forecast by Type
5.2.1 Partial Body Exoskeleton
5.2.2 Full Body Exoskeleton
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Military Exoskeleton Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Military Exoskeleton Market Size Forecast by Applications
6.2.1 Internal Combustion Engine Equipment
6.2.2 Batteries Equipment
6.2.3 Potentially Fuel Cells Equipment
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Military Exoskeleton Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Military Exoskeleton Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Military Exoskeleton Analysis and Forecast
9.1 Introduction
9.2 North America Military Exoskeleton Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Military Exoskeleton Market Size Forecast by Type
9.6.1 Partial Body Exoskeleton
9.6.2 Full Body Exoskeleton
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Military Exoskeleton Market Size Forecast by Applications
9.10.1 Internal Combustion Engine Equipment
9.10.2 Batteries Equipment
9.10.3 Potentially Fuel Cells Equipment
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Military Exoskeleton Analysis and Forecast
10.1 Introduction
10.2 Europe Military Exoskeleton Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Military Exoskeleton Market Size Forecast by Type
10.6.1 Partial Body Exoskeleton
10.6.2 Full Body Exoskeleton
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Military Exoskeleton Market Size Forecast by Applications
10.10.1 Internal Combustion Engine Equipment
10.10.2 Batteries Equipment
10.10.3 Potentially Fuel Cells Equipment
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Military Exoskeleton Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Military Exoskeleton Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Military Exoskeleton Market Size Forecast by Type
11.6.1 Partial Body Exoskeleton
11.6.2 Full Body Exoskeleton
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Military Exoskeleton Market Size Forecast by Applications
11.10.1 Internal Combustion Engine Equipment
11.10.2 Batteries Equipment
11.10.3 Potentially Fuel Cells Equipment
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Military Exoskeleton Analysis and Forecast
12.1 Introduction
12.2 Latin America Military Exoskeleton Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Military Exoskeleton Market Size Forecast by Type
12.6.1 Partial Body Exoskeleton
12.6.2 Full Body Exoskeleton
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Military Exoskeleton Market Size Forecast by Applications
12.10.1 Internal Combustion Engine Equipment
12.10.2 Batteries Equipment
12.10.3 Potentially Fuel Cells Equipment
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Military Exoskeleton Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Military Exoskeleton Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Military Exoskeleton Market Size Forecast by Type
13.6.1 Partial Body Exoskeleton
13.6.2 Full Body Exoskeleton
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Military Exoskeleton Market Size Forecast by Applications
13.10.1 Internal Combustion Engine Equipment
13.10.2 Batteries Equipment
13.10.3 Potentially Fuel Cells Equipment
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Military Exoskeleton Market: Competitive Dashboard
14.2 Global Military Exoskeleton Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BAE Systems
14.3.2 Lockheed Martin Corporation
14.3.3 Raytheon Company
14.3.4 Boeing
14.3.5 General Dynamics Corporation
14.3.6 Honeywell Aerospace
14.3.7 Bionic Power
14.3.8 Ekso Bionics Holdings
14.3.9 SpringActive
14.3.10 Safran
14.3.11 BAE Systems
