Exoskeleton Market 2019 Size, Market Share, Status, SWOT Analysis and Forecast to 2028
Exoskeleton provides external support and protection to a living being with comparison to internal skeleton or endoskeleton. Exoskeletons are made up of rigid materials such as metal or carbon fiber. It is an external structural mechanism with joints and links powered by electric motors, pneumatic, levers, hydraulics or combination of two or more technologies.
The global market research report records significant aspects related to business constraints and proceedings that cover inventive technological progresses, acquisitions, mergers and collaboration, introduction of new product, distinct business statistics of the Exoskeleton market that has been studied in the history and has to be prepared over the forecast period 2017- 2026. The global market report executes a comprehensive study on the past data, present as well as the upcoming market trends in the market and future estimations. However, the market report stands to be explicit in gathering the data that can be viewed by the number of users which include researchers, experts, and advisors.
Increasing demand for exoskeleton in healthcare sector for robotic rehabilitation therapies, ongoing technological advancements, and high investments in development of exoskeleton technology are major factors expected to drive growth of the global market over the forecast period. In addition, increasing investments by government for research and development for more accessible and affordable mobility solutions is another factor expected to further fuel growth of the target market in the near future.
Further, industrial constraint investigation of the market that combines with the report making it more understandable. The report offers buyers and distributors data of market in addition to the competitive players of Exoskeleton product includes their production and price structure.
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Addition to this, the global Exoskeleton market serves major top players Panasonic Corporation, Honda Motor Co Ltd, Ekso Bionics Holdings Inc, Lockheed Martin Corporation, Rex Bionics Ltd., suitX, Hocoma AG, ReWalk Robotics Ltd., Raytheon Company and Parker-Hannifin Corporation
Segmentation by component:
Segmentation by technology:
Shape Memory Alloy Actuator
Segmentation by end-user:
Others (Construction, Search and Rescue, Agriculture, Education, and Sports and Fitness)
The market in North America is expected to dominate the global market in terms of revenue over the forecast period, owing to presence of key exoskeleton manufacturers in various countries in this region. In addition, rising adoption of exoskeletons in various industries such as military, healthcare, etc. is expected to drive growth of target market in this region over the forecast period.
The global Exoskeleton market has highlights on each and every region intensely to comprehend the overview related to different manufacturer at small scale and large scale level. In addition, the market also provides SWOT study (Strength, Weaknesses, Opportunities, and Threats) and PESTAL (Political, Economic, Social, Technological, Environmental and Legal) including CAGR value over the forecast period 2017-2026.
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