The global powered exoskeleton market is anticipated to grow at a exponential CAGR of 42.6% during the forecast period. Powered Exoskeleton Market report provides us with a complete outlook on thorough assessment of thorough data about vital feature of the global industry related to market size, revenue, development and market sales. This study report captures regulatory concerns and entry barriers that greatly affect the market growth. This report emphasizes on how industries get benefit from strategies offered here and achieve ample revenue other than also flashes light on constraints which can become great obstruction. It further helps to predict revenue increasing opportunities available in the marketplace. In addition, it then goes on to talk about volume trends, values and historical pricing structure. This Powered Exoskeleton Market study report also helps to predict growth and opportunities in the market. Furthermore, it also guides on how to increase product demand, growth rate and gain huge profits through changing consumption technologies.
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The growing advancements in robotic technology such as improved materials, sensors and actuators, control systems, and sensor technology are key factors driving the growth of the global market. In June 2024, a researcher’s team at the New Jersey Institute of Technology demonstrated a new method that leverages AI and computer simulations to train robotic exoskeletons that can help users save energy while walking, running, and climbing stairs. It marks a significant advancement in wearable robotics, as this exoskeleton controller is exclusively developed through AI-driven simulations. Moreover, this controller seamlessly transitions to hardware without requiring further human subject testing, rendering it experiment-free. This breakthrough holds promise for aiding individuals with mobility challenges, including the elderly or stroke survivors, without necessitating their presence in a laboratory or clinical setting for extensive testing.
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- Market Coverage
- Market number available for – 2024-2031
- Base year- 2024
- Forecast period- 2024-2031
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Powered Exoskeleton Market by Mobility
- Stationary
- Mobile
Global Powered Exoskeleton Market by Type
- Full Body
- Upper Body
- Lower Body
Global Powered Exoskeleton Market by Application
- Industrial
- Military
- Healthcare
- Others (Space, Shipment)
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profile
- Bionic Power Inc.
- Cyberdyne Inc.
- Daewoo
- Ekso Bionics
- FANUC CORP.
- HONDA
- Lockheed Martin Corp.
- Myomo, Inc.
- Noonee
- PARKER HANNIFIN CORP.
- Reha Technology AG
- Rex Bionics Ltd.
- ROBOTDALEN
- TOYOTA
The Report Covers
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global powered exoskeleton market. Based on the availability of data, information related to new application launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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