Smart Exoskeleton Market Research (SARS-CoV-2, Covid-19 Analysis) – Worldwide Overview and Forecast to 2024 With Regional Trends and Competitive Landscape By Global Leaders

Smart Exoskeleton Market Research (SARS-CoV-2, Covid-19 Analysis) - Worldwide Overview and Forecast to 2024 With Regional Trends and Competitive Landscape By Global Leaders

“”Smart Exoskeleton Market””
Covid-19 (CoronaVirus) Impact on Smart Exoskeleton Industry: Size, Share, Trends, Growth, Sales, Revenue, Risk and Opportunity Assessment with Regional Analysis and Segmentation By Type (Ultra-Soft Exoskeleton, Soft Exoskeleton, Rigid Exoskeleton), Component [Hardware (Sensors, Actuators, Power Source, Control System, Others), Software)], Application (Upper Limbs, Lower Limbs, Full Body), Vertical (Industrial, Healthcare, Military, Others), Region – Forecast till 2024

The global smart exoskeleton market size was valued at USD 3,345.3 million in 2018 and is expected to reach USD 5,290.1 Million by the end of the forecast period at a CAGR of 8.2%.

MRFR has identified a few companies as prominent players in the global smart exoskeleton market. These include Ekso Bionics Holdings, Inc. (US), ReWalk Robotics (US), Ottobock (Germany), Lockheed Martin Corporation (US), Parker Hannifin Corp. (US), CYBERDYNE Inc. (Japan), DIH Technologies Corporation (China), Rex Bionics Ltd. (UK), Hyundai Motor Company (South Korea), US Bionics (US), Gogoa.eu (Spain), ATOUN Inc. (Japan), RB3D (France), BIONIK (Canada), and Honda Motor Co., Ltd (Japan).

Know More About COVID-19 Outbreak Impact on this Report

The Final Report will include Continue feed research analysis for covid-19 impact

Get a FREE Report Sample with Table of Contents and Figures @ https://www.marketresearchfuture.com/sample_request/7979 

The development of the smart exoskeleton industry has increased due to the growing adoption of exoskeletons by individuals suffering from physical and neurological disabilities. In addition , the growing geriatric population has led to an increase in the number of fall-related injuries and similar occurrences. The construction of these exoskeletons has been durable and stable in the past, allowing the wearer to avoid falls and serious injuries. Growing demand for the protection of workers in industrial applications is expected to drive the growth of the exoskeleton smart market. Increasing the adoption of exoskeletons by elderly people and people with various capacities often fuelle market growth. It is also expected to help the smart exoskeleton market expand during the forecast era. But there are certain factors that could restrict the smart exoskeleton market ‘s growth. These include high costs incurred in the design and manufacture of intelligent exoskeletons, and stringent government controls for the use of such wearable devices.

Key Developments

  • In May 2019, Alibaba partnered with Bottos to develop a smart exoskeleton robot to reduce the physical pressure of workers, thereby improving efficiency. The smart robot uses artificial intelligence and human-machine collaboration technology to carry out manual operations, such as picking, sorting, storing, loading, and unloading, in the warehousing and logistics industry.
  • In March 2019, German Bionic launched a connected robot exoskeleton for use in the industrial Internet of Things (IIoT). The German Bionic IO cloud platform integrated with the Cray X exoskeleton supports common enterprise solutions and networked manufacturing systems, thereby enabling complete integration with smart factory and Industry 4.0 environments.
  • In March 2019, Ottobock has launched Paexo Thumb, an exoskeleton for operations in ergonomic workplaces. The exoskeleton is small and extremely lightweight, which can be used for clipping, inserting, or plugging components on assembly lines; it can be used for relieving the strain on the joints of the thumb.

Segmentation

The global smart exoskeleton market has been segmented on the basis of type, component, application, vertical, and region.

By type, the global smart exoskeleton market has been segmented into ultra-soft exoskeletons, soft exoskeletons, and rigid exoskeletons.

By component, the global smart exoskeleton market has been bifurcated into hardware and software. Furthermore, the hardware segment has been segmented into sensors, actuators, power source, control systems, and others.

Based on application, the global smart exoskeleton market has been segmented into upper limbs, lower limbs, and full body.

By vertical, the global smart exoskeleton market has been segmented into industrial, healthcare, military, and others.

Regional Outlook

The smart exoskeleton market geographic analysis was conducted for North America, Europe , Asia-Pacific and the rest of the world (including the Middle East , Africa and South America).

North America ‘s demand for smart exoskeletons can be attributed to the increasing geriatric population and demand from the variously capable individuals. The manufacturing facilities have also adopted exoskeletons to help workers lift heavy equipment effortlessly and carry out tasks easily. The region has witnessed a high level of adoption of these exoskeletons for medical and industrial use in the United States and Canada, leading to market growth in North America.

It is projected that the European market is experiencing a steady yet rapid growth due to well-developed infrastructure and rising exoskeleton adoption for manual lifting of machinery and equipment.

However, the Asia-Pacific market is expected to experience the fastest growth over the forecast period. High demand by individuals for self-assisting exoskeletons in China, Japan and South Korea is projected to increase the region’s share of smart exoskeletons. In the industrial sector, the proliferation of automation, industrial IoT and similar technologies has encouraged companies to opt for smart exoskeletons to ease manual work in industries. Also, the ageing population in China and Japan is particularly vulnerable to physical disabilities, and thus the smart exoskeletons are predicted to be implemented more and more early.

Intended Audience

  • Raw Material and Manufacturing Equipment Suppliers
  • Integrated Device Manufacturers (IDMs)
  • Research Organizations and Consultancies
  • Government and Regulating Authorities
  • Organizations, Forums and Alliances Related to Smart Exoskeleton
  • Electronic Design Automation (EDA) and Design Tool Vendors
  • Technology Experts

Get in touch with the sales team to know more about the Covid Update package!

Early Diners Are Offered Free Customization- Up to 15% -20% @  https://www.marketresearchfuture.com/check-discount/7979 

Table Of Contents

1 Executive Summary

2 Scope Of The Report
2.1 Market Definition
2.2 Scope Of The Study
2.3 Research Objectives
2.4 Markets Structure

3 Market Insights

4 Research Methodology

5 Market Dynamics
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Challenges

6 Market Factor Analysis
6.1 Porter’s Five Forces Analysis
6.1.1 Threat Of New Entrants
6.1.2 Bargaining Power Of Buyers
6.1.3 Threat Of Substitutes
6.1.4 Intensity Of Rivalry
6.1.5 Bargaining Power Of Suppliers
6.2 Value Chain/Supply Chain Of Global Smart Exoskeleton Market

Continued……….

LIST OF TABLES

Table 1 Global Smart Exoskeleton Market, By Type, 2019–2024
Table 2 Global Smart Exoskeleton Market, By Component, 2019–2024
Table 3 Global Smart Exoskeleton Market, By Vertical, 2019–2024
Table 4 Global Smart Exoskeleton Market, By Region, 2019–2024
Table 5 North America: Smart Exoskeleton Market, By Country, 2019–2024
Table 6 North America: Smart Exoskeleton, Market, By Type, 2019–2024
Table 7 North America: Smart Exoskeleton Market, By Component, 2019–2024
Table 8 North America: Smart Exoskeleton Market, By Application, 2019–2024

Continued……..

LIST OF FIGURES

FIGURE 1 Global Smart Exoskeleton Market Segmentation
FIGURE 2 Forecast Methodology
FIGURE 3 Porter’s Five Forces Analysis Of The Global Smart Exoskeleton Market
FIGURE 4 Value Chain Of The Global Smart Exoskeleton Market
FIGURE 5 Share Of The Global Smart Exoskeleton Market In 2017, By Country (In %)
FIGURE 6 Global Smart Exoskeleton Market, 2019–2024
FIGURE 7 Sub-Segments Of Type
FIGURE 8 Global Smart Exoskeleton Market Size, By Type, 2017
FIGURE 9 Share Of The Global Smart Exoskeleton Market, By Type, 2019 To 2024

Continued………

Ask for your specific company profile and country level customization.

Assure yourself with latest market data through free annual update – Covid Update package !

Browse Complete Report “Global Smart Exoskeleton Market Research Report: by Type (Ultra-Soft Exoskeleton, Soft Exoskeleton, Rigid Exoskeleton), Component [Hardware (Sensors, Actuators, Power Source, Control System, Others), Software)], Application (Upper Limbs, Lower Limbs, Full Body), Vertical (Industrial, Healthcare, Military, Others), Region (North America, Europe, Asia-Pacific and Rest of the World) – Forecast till 2024” @ https://www.marketresearchfuture.com/reports/smart-exoskeleton-market-7979 

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/smart-exoskeleton-market-7979