Europe Robotic Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Mobility (Mobile, Stationary, Tethered), Power (Active/Powered, Passive), Structure (Rigid, Soft), Vertical (Healthcare, Military, Industrial, Civilian/Consumer), and Country: Trend Forecast and Growth Opportunity
Europe robotic exoskeletons market was valued at $ 242.9 million in 2022 and will grow by 33.5% annually over 2022-2032, driven by the surging demand for exoskeletons from the various industrial verticals, the growing R&D investment, and the rapid development in robotic technologies.
Highlighted with 48 tables and 97 figures, this 169-page report “Europe Robotic Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Mobility (Mobile, Stationary, Tethered), Power (Active/Powered, Passive), 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 robotic 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 robotic exoskeletons market in every aspect of the classification from perspectives of Offering, Function, Mobility, Power, 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 Power, the Europe market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Active/Powered Exoskeletons
o Electric Actuator
o Pneumatic Actuator
o Hydraulic Actuator
o Fuel Cell
o Other Types
• Passive Exoskeletons
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.
Axosuits SRL
Bionik Laboratiories Corp.
B-Temia Inc.
Cyberdyne Inc.
DIH Technologies Corporation
Ekso Bionics Holdings Inc.
Gogoa Mobility Robots SL
Hocoma AG
Honda Motor Co., Ltd.
Innophys Co., Ltd.
Japet Medical Devices
Lockheed Martin Corp.
Marsi Bionics, S.L.
Myomo Inc.
Panasonic Holdings Corp.
Parker-Hannifin Corp.
ReWalk Robotics Inc.
Rex Bionics Ltd.
US Bionics Inc. (Suitx)
Wearable Robotics SRL
(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 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 21
2.1 Market Size and Forecast 21
2.1.1 Impact of COVID-19 on World Economy 24
2.1.2 Impact of COVID-19 on the Market 27
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 29
2.2 Major Growth Drivers 33
2.3 Market Restraints and Challenges 39
2.4 Emerging Opportunities and Market Trends 42
2.5 Porter’s Fiver Forces Analysis 46
3 Segmentation of Europe Market by Offering 50
3.1 Market Overview by Offering 50
3.2 Hardware 52
3.2.1 Sensors 53
3.2.2 Actuators 54
3.2.3 Power Sources 55
3.2.4 Controllers 56
3.2.5 Other Hardware 57
3.3 Software 58
3.4 Services 59
4 Segmentation of Europe Market by Function 60
4.1 Market Overview by Function 60
4.2 Upper Body Exoskeletons 64
4.3 Lower Body Exoskeletons 66
4.4 Full Body Exoskeletons 68
5 Segmentation of Europe Market by Mobility 70
5.1 Market Overview by Mobility 70
5.2 Mobile Exoskeletons 74
5.3 Stationary Exoskeletons 76
5.4 Tethered Exoskeletons 78
6 Segmentation of Europe Market by Power 80
6.1 Market Overview by Power 80
6.2 Active/Powered Exoskeletons 84
6.2.1 Electric Actuator 86
6.2.2 Pneumatic Actuator 87
6.2.3 Hydraulic Actuator 88
6.2.4 Fuel Cell 89
6.2.5 Other Types 90
6.3 Passive Exoskeletons 91
7 Segmentation of Europe Market by Structure 93
7.1 Market Overview by Structure 93
7.2 Rigid Exoskeletons 97
7.3 Soft Exoskeletons 99
8 Segmentation of Europe Market by Vertical 101
8.1 Market Overview by Vertical 101
8.2 Healthcare Sector 105
8.2.1 Rehabilitation 107
8.2.2 Mobility Aid 108
8.3 Military Sector 109
8.4 Industrial Sector 111
8.4.1 Manufacture 113
8.4.2 Construction 114
8.4.3 Logistics 115
8.4.4 Other Industrial Applications 116
8.5 Civilian/Consumer Sector 117
9 European Market 2022-2032 by Country 119
9.1 Overview of European Market 119
9.2 Germany 124
9.3 U.K. 126
9.4 France 128
9.5 Spain 130
9.6 Italy 132
9.7 Russia 134
9.8 Rest of European Market 136
10 Competitive Landscape 138
10.1 Overview of Key Vendors 138
10.2 New Product Launch, Partnership, Investment, and M&A 143
10.3 Company Profiles 146
AlterG Inc. 146
Atoun Inc. 148
Axosuits SRL 149
Bionik Laboratiories Corp. 150
B-Temia Inc. 151
Cyberdyne Inc. 152
DIH Technologies Corporation 153
Ekso Bionics Holdings Inc. 154
Gogoa Mobility Robots SL 155
Hocoma AG 156
Honda Motor Co., Ltd. 157
Innophys Co., Ltd. 158
Japet Medical Devices 159
Lockheed Martin Corp. 160
Marsi Bionics, S.L. 161
Myomo Inc. 162
Panasonic Holdings Corp. 163
Parker-Hannifin Corp. 164
ReWalk Robotics Inc. 165
Rex Bionics Ltd. 166
US Bionics Inc. (Suitx) 167
Wearable Robotics SRL 168
RELATED REPORTS 169
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
| Historical Data (2015-2019) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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