Global 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 Region: Trend Forecast and Growth Opportunity
Global robotic exoskeletons market will reach $20.06 billion by 2032, growing by 33.8% 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. The annual sales volume is expected to grow by 43.7% annually over the forecast period.
Highlighted with 102 tables and 144 figures, this 237-page report “Global 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 Region: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire global 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 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 robotic exoskeletons market in every aspect of the classification from perspectives of Offering, Function, Mobility, Power, 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 Power, the global 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 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.
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 12
1.1 Industry Definition and Research Scope 12
1.1.1 Industry Definition 12
1.1.2 Research Scope 13
1.2 Research Methodology 16
1.2.1 Overview of Market Research Methodology 16
1.2.2 Market Assumption 17
1.2.3 Secondary Data 17
1.2.4 Primary Data 17
1.2.5 Data Filtration and Model Design 18
1.2.6 Market Size/Share Estimation 19
1.2.7 Research Limitations 20
1.3 Executive Summary 21
2 Market Overview and Dynamics 24
2.1 Market Size and Forecast 24
2.1.1 Impact of COVID-19 on World Economy 27
2.1.2 Impact of COVID-19 on the Market 30
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 32
2.2 Major Growth Drivers 36
2.3 Market Restraints and Challenges 42
2.4 Emerging Opportunities and Market Trends 45
2.5 Porter’s Fiver Forces Analysis 49
3 Segmentation of Global Market by Offering 53
3.1 Market Overview by Offering 53
3.2 Hardware 55
3.2.1 Sensors 56
3.2.2 Actuators 57
3.2.3 Power Sources 58
3.2.4 Controllers 59
3.2.5 Other Hardware 60
3.3 Software 61
3.4 Services 62
4 Segmentation of Global Market by Function 63
4.1 Market Overview by Function 63
4.2 Upper Body Exoskeletons 67
4.3 Lower Body Exoskeletons 69
4.4 Full Body Exoskeletons 71
5 Segmentation of Global Market by Mobility 73
5.1 Market Overview by Mobility 73
5.2 Mobile Exoskeletons 77
5.3 Stationary Exoskeletons 79
5.4 Tethered Exoskeletons 81
6 Segmentation of Global Market by Power 83
6.1 Market Overview by Power 83
6.2 Active/Powered Exoskeletons 87
6.2.1 Electric Actuator 89
6.2.2 Pneumatic Actuator 90
6.2.3 Hydraulic Actuator 91
6.2.4 Fuel Cell 92
6.2.5 Other Types 93
6.3 Passive Exoskeletons 94
7 Segmentation of Global Market by Structure 96
7.1 Market Overview by Structure 96
7.2 Rigid Exoskeletons 100
7.3 Soft Exoskeletons 102
8 Segmentation of Global Market by Vertical 104
8.1 Market Overview by Vertical 104
8.2 Healthcare Sector 108
8.2.1 Rehabilitation 110
8.2.2 Mobility Aid 111
8.3 Military Sector 112
8.4 Industrial Sector 114
8.4.1 Manufacture 116
8.4.2 Construction 117
8.4.3 Logistics 118
8.4.4 Other Industrial Applications 119
8.5 Civilian/Consumer Sector 120
9 Segmentation of Global Market by Region 122
9.1 Geographic Market Overview 2022-2032 122
9.2 North America Market 2022-2032 by Country 128
9.2.1 Overview of North America Market 128
9.2.2 U.S. 134
9.2.3 Canada 137
9.2.4 Mexico 139
9.3 European Market 2022-2032 by Country 141
9.3.1 Overview of European Market 141
9.3.2 Germany 147
9.3.3 U.K. 149
9.3.4 France 151
9.3.5 Spain 153
9.3.6 Italy 155
9.3.7 Russia 157
9.3.8 Rest of European Market 159
9.4 Asia-Pacific Market 2022-2032 by Country/Region 161
9.4.1 Overview of Asia-Pacific Market 161
9.4.2 Japan 167
9.4.3 China 170
9.4.4 Australia 172
9.4.5 India 174
9.4.6 South Korea 176
9.4.7 Rest of APAC Region 178
9.5 South America Market 2022-2032 by Country 180
9.5.1 Argentina 186
9.5.2 Brazil 188
9.5.3 Chile 190
9.5.4 Rest of South America Market 192
9.6 MEA Market 2022-2032 by Country 193
9.6.1 Israel 199
9.6.2 Saudi Arabia 201
9.6.3 South Africa 203
9.6.4 Other National Markets 205
10 Competitive Landscape 206
10.1 Overview of Key Vendors 206
10.2 New Product Launch, Partnership, Investment, and M&A 211
10.3 Company Profiles 214
AlterG Inc. 214
Atoun Inc. 216
Axosuits SRL 217
Bionik Laboratiories Corp. 218
B-Temia Inc. 219
Cyberdyne Inc. 220
DIH Technologies Corporation 221
Ekso Bionics Holdings Inc. 222
Gogoa Mobility Robots SL 223
Hocoma AG 224
Honda Motor Co., Ltd. 225
Innophys Co., Ltd. 226
Japet Medical Devices 227
Lockheed Martin Corp. 228
Marsi Bionics, S.L. 229
Myomo Inc. 230
Panasonic Holdings Corp. 231
Parker-Hannifin Corp. 232
ReWalk Robotics Inc. 233
Rex Bionics Ltd. 234
US Bionics Inc. (Suitx) 235
Wearable Robotics SRL 236
RELATED REPORTS 237
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
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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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