According to a new market research report published by Global Insight Services “Exoskeleton Market is expected to reach US$ XX bn by 2031”. Report includes in-depth segmentation and market size data by categories, product types, applications, and geographies. Report also includes comprehensive analysis of key issues, trends and drivers, restraints and challenges, competitive landscape, as well as recent events such as M&A activities in the market.
An exoskeleton is a robotic suit that is worn by a human to provide them with extra strength and endurance. The first exoskeletons were developed for military use, but they are now being used in a variety of industries, including construction, manufacturing, and healthcare.
Exoskeletons use a variety of technologies to provide their users with extra strength, including hydraulic actuators, electric motors, and pneumatics. They often have sensors that feedback information to the user, and some models even include artificial intelligence to help the user optimize their performance.
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Key Players
- Ekso Bionics
- Hocoma
- Lockheed Martin Corporation
- U.S. Bionics, Inc.
- Rex Bionics
- RB3D
- ReWalk Robotics Ltd
- Cyberdyne Inc.
Key Trends and Drivers
One trend is the increasing use of exoskeletons in industrial and construction settings. There are a number of companies that are now offering products that are specifically designed for these industries, and they are seeing good uptake. This is likely to continue as the benefits of using exoskeletons in these industries become more widely recognized.
Another trend is the development of lighter and more comfortable exoskeletons. As the technology develops, exoskeletons are becoming lighter and more comfortable to wear, which is making them more practical for use in a wider range of settings.
Finally, there is an increasing focus on using exoskeletons to improve the health and wellbeing of workers. There is growing evidence that using an exoskeleton can help to reduce musculoskeletal injuries, and this is leading to more companies incorporating exoskeletons into their health and safety programs.
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Market Segments
By Mobility
- Mobile
- Fixed/Stationary
By Technology
- Powered
- Non-powered
By Extremity
- Upper Body
- Lower Body
- Full Body
By End-Use
- Healthcare
- Military
- Industry
Reasons to buy Exoskeleton Market Report:
- Develop comprehensive understanding of market landscape – industry structure, value-chain, key players, trends, drivers, and challenges
- Drive revenue and market-entry strategy by gaining insights into which segments and geographies are largest and likely to grow fastest
- Formulate sales and marketing strategies by gaining understanding of competitors, their positioning, and strengths & weaknesses
- Develop business and M&A strategies through understanding of latest trends and emerging players in the market
- Refine your business plans by understanding impact of disruptions such as Covid-19 and Russia-Ukraine conflict on the market
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Key Questions answered in the report:
- How is the market structured and what the key drivers and trends of this industry?
- How is the market segmented and what is the size of each segment?
- Which segments and geographies provide best growth opportunities?
- What’s the competitive landscape and positioning of players in this market?
- What is the impact of latest events such as Covid-19 and Russia-Ukraine conflict on the market?
Read More Research Report by Global Insight Services:
- https://www.marketwatch.com/press-release/e-scrap-recycling-market-is-set-for-lucrative-growth-during-2021-2031-size-share-demand-and-opportunities-analysis-2022-05-12
- https://www.marketwatch.com/press-release/ethernet-switch-chips-market-growth-business-opportunities-share-value-key-insights-and-size-estimation-by-2031-2022-05-12
About Global Insight Services:
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