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Military Exoskeleton Market, by Types (Full Body Exoskeleton, Partial Body Exoskeleton), Power (Active Exoskeleton, Passive Exoskeleton) – Global Revenue, Trends, Growth, Share, Size, and Forecast to 2022

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Military exoskeleton is a robotic suit like device which offers protection and increases strength of the soldiers. The suit enables soldiers to lift heavy objects, run at faster speed and protect themselves from enemy attacks. With a change in warfare technology in recent years, several weapons are created that are harmful to the human body. In such a scenario, military exoskeleton is acting as a shield for the soldiers fighting against the enemies. The suit is also capable of protecting the soldiers from harmful gases emitted from bombs and grenade explosions. This report studies the current and future aspects of the military exoskeleton market.

The report on the global Military exoskeleton market uses the top-down and bottom-up approaches to define, analyze, and describe the market trends for the next five years. The report also tracks the emerging applications, innovative technologies, and mergers & acquisitions. It also focuses on the growth drivers and restraints for the key market players during the forecast period.

KEY BENEFITS OF THE REPORT

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • The increase in cross-border fights, and rise in demand for safety of soldiers are some of the major factors that are contributing towards the growth of the military exoskeleton market. Increase in terror attacks in recent years has also promoted the market growth. Several benefits associated with the robotic suit such as protection against enemy attacks, harmful gases, capability of lifting heavy objects are all boosting the global market growth.
  • During warfare, efficient communication technology is a must to defeat the enemy attacks on time. The robotic suit allows integration of communication devices such as radios, navigation systems, finders, and so on. This feature is favoring the progress of the global military exoskeleton market. In addition, lightweight suits are being manufactured to help reduce the overall weight covering the soldier which is specifically contributing towards the market growth.
  • However, high cost of procurement of robotic suits is hampering the growth of the military exoskeleton market. Moreover, a defense agency needs to procure multiple suits which is further increasing the cost of procurement, which is acting as a major market restraint.

The global military exoskeleton market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. The North America and Europe regions hold the highest market share and are the largest revenue contributors of the military exoskeleton market. Countries like US and Canada are investing heavily leading to the growth of the market in North America region. In addition, tensed political situations around US are compelling the region to invest more in military weapons and exoskeleton market. This factor is also the reason for the market growth in Europe region. Next in line is the Asia-Pacific region which is witnessing a fast-paced market growth due to increased focus on improving defense capabilities of countries like India and China. In addition, rise in defense budget of these countries, and an increased concern about border security is promoting the market growth.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s military exoskeleton market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the military exoskeleton market by the following segments:

  • Military Exoskeleton Market, by Types
    • Full Body Exoskeleton
    • Partial Body Exoskeleton
  • Military Exoskeleton Market, by Power
    • Active Exoskeleton
    • Passive Exoskeleton

KEY MARKET PLAYERS

Key players in the military exoskeleton market include:

  • Lockheed Martin Corporation
  • BAE Systems
  • Raytheon Company
  • General Dynamics Corporation
  • Boeing
  • Honeywell Aerospace
  • Ekso Bionics Holdings
  • Bionic Power
  • Safran S.A.
  • SpringActive, Inc.

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K.
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • MIDDLE EAST & AFRICA
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • LATIN AMERICA
    • Brazil
    • Rest of Latin America

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  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
    2. Product Roadmap
  5. MILITARY EXOSKELETON MARKET, BY TYPES
    1. Segment Share
    2. By Types
      1. Full Body Exoskeleton
      2. Partial Body Exoskeleton
  6. MILITARY EXOSKELETON MARKET, BY POWER
    1. Segment Share
    2. By Power
      1. Active Exoskeleton
      2. Passive Exoskeleton
  7. MILITARY EXOSKELETON MARKET, BY GEOGRAPHY
    1. Segment Share
    2. North America
      1. By Regions
        1. U.S.
        2. Rest of North America
      2. By Types
      3. By Power
    3. Europe
      1. By Region
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Types
      3. By Power
    4. Asia-Pacific
      1. By Region
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Types
      3. By Power
    5. Middle East & Africa
      1. By Region
        1. GCC
        2. North Africa
        3. South Africa
        4. Rest of Middle East & Africa
      2. By Types
      3. By Power
    6. Latin America
      1. By Region
        1. Brazil
        2. Rest of Latin America
      2. By Types
      3. By Power
  8. COMPETITIVE LANDSCAPE
    1. Market Positioning of Key Players, 2016
    2. Key Innovators
  9. KEY MARKET PLAYERS
    1. Lockheed Martin Corporation
      1. Overview
      2. Key Strategies
      3. Key Developments
    2. BAE Systems
      1. Overview
      2. Key Strategies
      3. Key Developments
    3. Raytheon Company
      1. Overview
      2. Key Strategies
      3. Key Developments
    4. General Dynamics Corporation
      1. Overview
      2. Key Strategies
      3. Key Developments
    5. Boeing
      1. Overview
      2. Key Strategies
      3. Key Developments
    6. Honeywell Aerospace
      1. Overview
      2. Key Strategies
      3. Key Developments
    7. Ekso Bionics Holdings
      1. Overview
      2. Key Strategies
      3. Key Developments
    8. Bionic Power
      1. Overview
      2. Key Strategies
      3. Key Developments
    9. Safran S.A.
      1. Overview
      2. Key Strategies
      3. Key Developments
    10. SpringActive, Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments
  10. SCALAR 360 DEGREE MARKET PERSPECTIVE
  11. APPENDIX
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