Wearable Robots, Exoskeletons: Market Shares, Market Strategies, and Market Forecasts, 2019 to 2025

$4400 - Single Copy or $8800 - Web Posting | Report # SH28141914 | 525 Pages | 181 Tables and Figures | 2019
  • Key Topics
  • Medical Exoskeleton
  • Warfighter Exoskeleton
  • First Responder Exoskeleton
  • Industrial Exoskeleton
  • Exoskeletons
  • Robotic Technologies Leverage Neuroplasticity
  • Wearable Robotics
  • Strengthen The Upper Extremity
  • Wearable Robots
  • Strengthen The Lower Extremity
  • Hand Assembly Exoskeleton
  • Warehouse Exoskeleton
  • Shipbuilding Exoskeleton
  • Aerospace Exoskeleton
  • Walking Assist Exoskeleton
  • Work Efficiency Exoskeleton
  • Measurement
  • Physical Automation
  • Hip Work Exoskeleton
  • Wrist Work Exoskeleton
  • Exoskeleton Software
  • Anti-Gravity Exoskeleton
  • Wearable Robot Manufacturing
  • Wearable Robot Shipbuilding,
  • Wearable Robot Warehouse
  • Wearable Robot Construction

LEXINGTON, Massachusetts (February 3, 2019) – WinterGreen Research announces that it has published a new study Wearable Exoskeleton Robots:  Market Shares, Strategy, and Forecasts, Worldwide, 2019 to  2025.  Wearable Robots leverage better technology, they support high quality, lightweight materials and long life batteries.   Wearable robots, exoskeletons are used for permitting workers to lift 250 pounds and not get hurt while lifting, this is as close to superhuman powers as the comic books have imagined.  The exoskeletons are used to assist patients with disabilities and war fighters with enormous excess baggage.  Exoskeletons are as easy to use as getting dressed in the morning:   Designs with multiple useful features are available.  The study has 525 pages and 181 tables and figures.

Industrial workers and warfighters can perform at a higher level when wearing an exoskeleton.   Exoskeletons can enable aerospace workers to work more efficiently when building or repairing airplanes.  Industrial robots are very effective for ship building where heavy lifting can injure workers.  

Exoskeleton devices have the potential to be adapted further for expanded use in every aspect of medical rehabilitation, industry, the military, and for first responders.   Workers benefit from powered human augmentation technology because they can offload some of the dangerous part of lifting and supporting heavy tools.  Robots assist wearers with lifting activities, improving the way that a job is performed and decreasing the quantity of disability.  For this reason, it is anticipated that industrial exoskeleton robots will have very rapid adoption once they are fully tested and proven to work effectively for a particular task.  

Exoskeletons are being developed in the U.S., China, Korea, Japan, and Europe.  They are generally intended for medical, logistical and engineering purposes, due to their short range and short battery life.  Most exoskeletons can operate independently for several hours.   Chinese manufacturers express hope that upgrades to exoskeletons extending the battery life could make them suitable for frontline infantry in difficult environments, including mountainous terrain.

Exoskeletons are capable of transferring the weight of heavy loads to the ground through powered legs without loss of human mobility.  This can increase the distance that soldiers can cover in a day, or increase the load that they can carry though difficult terrain.  Exoskeletons can significantly reduce operator fatigue and exposure to injury.  Industrial robots help with lifting, walking, and sitting Exoskeletons can be used to access efficiency of movement and improve efficiency.

Medical and military uses have driven initial exoskeleton development.   Industrial workers and warfighters can perform at a higher level when wearing an exoskeleton.   Exoskeletons can enable aerospace workers to work more efficiently when building or repairing airplanes.  Industrial robots are very effective for ship building where heavy lifting can injure workers.  New market opportunities of building and repair in the infrastructure, aerospace, and shipping industries offer large opportunity for growth of the exoskeleton markets.  

Wearable robots, exoskeletons units are evolving additional functionality rapidly.  Wearable robots functionality is used to assist to personal mobility via exoskeleton robots.  They promote upright walking and relearning of lost functions for stroke victims and people who are paralyzed.   Exoskeletons are helping people relearn to move after a stroke by creating new muscle memory.   Exoskeleton s deliver higher quality rehabilitation, provide the base for a growth strategy for clinical facilities.  

In the able-bodied field, Ekso, Lockheed Martin, Sarcos / Raytheon, BAE Systems, Panasonic, Honda, Daewoo, Noonee, Revision Military, and Cyberdyne are each developing some form of exoskeleton for military and industrial applications.  The field of robotic exoskeleton technology remains in its infancy.

Exoskeleton Wearable Robots markets at $130 million in 2018 are anticipated to reach $5.2 billion by 2025.  Most of the measurable revenue in 2018 is from medical exoskeletons.  New technology from a range of vendors provides multiple designs that actually work and will be on the market soon.  This bodes well for market development.  

WinterGreen Research is an independent research organization funded by the sale of market research studies all over the world and by the implementation of ROI models that are used to calculate the total cost of ownership of equipment, services, and software.  The company has 35 distributors worldwide, including Global Information Info Shop, Market Research.com, Research and Markets, electronics.ca, and Thompson Financial.  WinterGreen Research is positioned to help customers facing challenges that define the modern enterprises. The increasingly global nature of science, technology and engineering is a reflection of the implementation of the globally integrated enterprise.  Customers trust wintergreen research to work alongside them to ensure the success of the participation in a particular market segment.

WinterGreen Research supports various market segment programs; provides trusted technical services to the marketing departments.  It carries out accurate market share and forecast analysis services for a range of commercial and government customers globally.  These are all vital market research support solutions requiring trust and integrity.

Companies Profiled
Market Leaders
  • Ekso Bionics
  • Sarcos / Raytheon
  • Lockheed Martin
  • BAE Systems
  • Panasonic
  • Honda
  • Daewoo
  • Noonee
  • Revision Military
  • China North Industries Group Corporation (NORINCO)
  • Rex Bionics
  • Parker Hannifin
  • Cyberdyne
  • Sarcos
Market Participants
  • AlterG
  • Ekso Bionics
  • Hocoma
  • Parker Hannifin
  • Revision Military
  • ReWalk Robotics
  • RexBionics
  • Rostec
  • Sarcos
  • University of Twente
  • Catholic University of America
  • United Instrument Manufacturing Corporation
  • Bionik Laboratories / Interactive Motion Technologies (IMT)
  • Catholic University of America
  • Fanuc
  • Interaxon
  • KDM
  • Lopes Gait Rehabilitation Device
  • Myomo
  • Orthocare Innovations
  • Reha Technology
  • Robotdalen
  • Sarcos
  • Shepherd Center
  • Socom (U.S. Special Operations Command)
  • Trek Aerospace
  • United Instrument Manufacturing Corporation

Report Methodology

This is the 814th report in a series of market research reports that provide forecasts in communications, telecommunications, the internet, computer, software, and telephone equipment. The project leaders take direct responsibility for writing and preparing each report. They have significant experience preparing industry studies. Forecasts are based on primary research and proprietary databases. Forecasts reflect analysis of the market trends in the segment and related segments. Unit and dollar shipments are analyzed through consideration of dollar volume of each market participation in the segment. Market share analysis includes conversations with key customers of products, industry segment leaders, marketing directors, distributors, leading market participants, and companies seeking to develop measurable market share. Over 200 in-depth interviews are conducted for each report with a broad range of key participants and opinion leaders in the market segment.

About the Company

WinterGreen Research, founded in 1985, provides strategic market assessments in telecommunications, communications equipment, health care, and advanced computer technology. Industry reports focus on opportunities that will expand existing markets or develop major new markets. The reports assess new product and service positioning strategies, new and evolving technologies, and technological impact on products, services, and markets. Market shares are provided. Leading market participants are profiled, and their marketing strategies, acquisitions, and strategic alliances are discussed. The principals of WinterGreen Research have been involved in analysis and forecasting of international business opportunities in telecommunications and advanced computer technology markets for over 30 years.

About the Principal Author

Susan Eustis, President, co-founder of WinterGreen Research, has done research in communications and computer markets and applications. She holds several patents in microcomputing and parallel processing. She is the author of recent studies of the Service Oriented Architecture (SOA) marketing strategies, Internet software, a study of Push to Talk Equipment, Worldwide Telecommunications Equipment, Top Ten Telecommunications, Digital Loop Carrier, Web Hosting, Business Process Management, Servers, Blades, the Mainframe as a Green Machine, and Application Server markets. Ms. Eustis is a graduate of Barnard College.

$4400 - Single Copy or $8800 - Web Posting | Report # SH28141914 | 525 Pages | 181 Tables and Figures | 2019