North America Military Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Power (Active/Powered, Passive), Structure (Rigid, Soft), and Country: Trend Forecast and Growth Opportunity
July 31, 2023
GMD Research
123
PDF
North America Military Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Power (Active/Powered, Passive), Structure (Rigid, Soft), and Country: Trend Forecast and Growth Opportunity
Abstract North America military exoskeletons market is projected to grow by 26.2% annually in the forecast period and reach $ 801.5 million by 2032, driven by the increasing warfare and regional conflicts, the technological advancements in exoskeleton industry, and an increasing focus on the safety and efficiency of dismounted soldiers. Highlighted with 28 tables and 64 figures, this 123-page report “North America Military Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Power (Active/Powered, Passive), Structure (Rigid, Soft), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America military exoskeletons market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects: •Market Structure •Growth Drivers •Restraints and Challenges •Emerging Product Trends & Market Opportunities •Porter’s Fiver Forces The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America military exoskeletons market in every aspect of the classification from perspectives of Offering, Function, Power, Structure, and Country.
Based on Offering, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Hardware oSensors oActuators oPower Sources oControllers oOther Hardware •Software •Service
Based on Function, the North America market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section. •Upper Body Exoskeletons •Lower Body Exoskeletons •Full Body Exoskeletons
By Power, the North America market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section. •Active/Powered Exoskeletons oElectric Actuator oPneumatic Actuator oHydraulic Actuator oMechanical Actuator oOther Types •Passive Exoskeletons
By Structure, the North America market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section. •Rigid Exoskeletons •Soft Exoskeletons
Geographically, the following national/local markets are fully investigated: •U.S. •Canada •Mexico For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Function, Power, and Structure over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players: Aselsan AS BAE Systems PLC Bionic Power Inc. Dephy Inc. Lockheed Martin Corporation Mawashi Science & Technology Northrop Grumman Corporation Raytheon Technologies Corporation Revision Inc. Rostec Corp. Safran S.A. Sarcos Corporation SRI International Inc. US Bionics Inc. (Suitx) (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
Content Table of Contents
1 Introduction8 1.1 Industry Definition and Research Scope8 1.1.1 Industry Definition8 1.1.2 Research Scope10 1.2 Research Methodology13 1.2.1 Overview of Market Research Methodology13 1.2.2 Market Assumption14 1.2.3 Secondary Data14 1.2.4 Primary Data14 1.2.5 Data Filtration and Model Design15 1.2.6 Market Size/Share Estimation16 1.2.7 Research Limitations17 1.3 Executive Summary18 2 Market Overview and Dynamics21 2.1 Market Size and Forecast21 2.1.1 Impact of COVID-19 on World Economy24 2.1.2 Impact of COVID-19 on the Market27 2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery29 2.2 Major Growth Drivers33 2.3 Market Restraints and Challenges40 2.4 Emerging Opportunities and Market Trends43 2.5 Porter’s Fiver Forces Analysis47 3 Segmentation of North America Market by Offering51 3.1 Market Overview by Offering51 3.2 Hardware53 3.2.1 Sensors54 3.2.2 Actuators55 3.2.3 Power Sources56 3.2.4 Controllers57 3.2.5 Other Hardware58 3.3 Software59 3.4 Services60 4 Segmentation of North America Market by Function61 4.1 Market Overview by Function61 4.2 Upper Body Exoskeletons65 4.3 Lower Body Exoskeletons67 4.4 Full Body Exoskeletons69 5 Segmentation of North America Market by Power71 5.1 Market Overview by Power71 5.2 Active/Powered Exoskeletons75 5.2.1 Electric Actuator77 5.2.2 Pneumatic Actuator78 5.2.3 Hydraulic Actuator79 5.2.4 Fuel Cell Actuator80 5.2.5 Other Types81 5.3 Passive Exoskeletons82 6 Segmentation of North America Market by Structure84 6.1 Market Overview by Structure84 6.2 Rigid Exoskeletons88 6.3 Soft Exoskeletons90 7 North America Market 2022-2032 by Country92 7.1 Overview of North America Market92 7.2 U.S.97 7.3 Canada100 7.4 Mexico102 8 Competitive Landscape104 8.1 Overview of Key Vendors104 8.2 New Product Launch, Partnership, Investment, and M&A107 8.3 Company Profiles108 Aselsan AS108 BAE Systems PLC110 Bionic Power Inc.111 Dephy Inc.112 Lockheed Martin Corporation113 Mawashi Science & Technology114 Northrop Grumman Corporation115 Raytheon Technologies Corporation116 Revision Inc.117 Rostec Corp.118 Safran S.A.119 Sarcos Corporation120 SRI International Inc.121 US Bionics Inc. (Suitx)122 RELATED REPORTS123
List of Tables:
Table 1. Snapshot of North America Military Exoskeletons Market in Balanced Perspective, 2022-203219 Table 2. World Economic Outlook, 2021-203125 Table 3. World Economic Outlook, 2021-202326 Table 4. Scenarios for Economic Impact of Ukraine Crisis30 Table 5. Main Product Trends and Market Opportunities in North America Military Exoskeletons Market43 Table 6. North America Military Exoskeletons Market by Offering, 2022-2032, $ mn51 Table 7. North America Military Exoskeletons Market: Hardware by Type, 2022-2032, $ mn53 Table 8. North America Military Exoskeletons Market by Function, 2022-2032, $ mn61 Table 9. North America Military Exoskeletons Market by Function, 2022-2032, units63 Table 10. North America Military Exoskeletons Market by Power, 2022-2032, $ mn71 Table 11. North America Military Exoskeletons Market by Power, 2022-2032, units73 Table 12. North America Military Exoskeletons Market: Active/Powered Exoskeletons by Type, 2022-2032, $ mn76 Table 13. North America Military Exoskeletons Market by Structure, 2022-2032, $ mn84 Table 14. North America Military Exoskeletons Market by Structure, 2022-2032, units86 Table 15. North America Military Exoskeletons Market by Country, 2022-2032, $ mn93 Table 16. North America Military Exoskeletons Market by Country, 2022-2032, units95 Table 17. U.S. Military Exoskeletons Market by Function, 2022-2032, $ mn99 Table 18. U.S. Military Exoskeletons Market by Power, 2022-2032, $ mn99 Table 19. U.S. Military Exoskeletons Market by Structure, 2022-2032, $ mn99 Table 20. Canada Military Exoskeletons Market by Function, 2022-2032, $ mn101 Table 21. Canada Military Exoskeletons Market by Power, 2022-2032, $ mn101 Table 22. Canada Military Exoskeletons Market by Structure, 2022-2032, $ mn101 Table 23. Mexico Military Exoskeletons Market by Function, 2022-2032, $ mn103 Table 24. Mexico Military Exoskeletons Market by Power, 2022-2032, $ mn103 Table 25. Mexico Military Exoskeletons Market by Structure, 2022-2032, $ mn103 Table 26. Aselsan AS: Company Snapshot108 Table 27. Aselsan AS: Business Segmentation109 Table 28. Aselsan AS: Product Portfolio109
North America military exoskeletons market is projected to grow by 26.2% annually in the forecast period and reach $ 801.5 million by 2032, driven by the increasing warfare and regional conflicts, the technological advancements in exoskeleton industry, and an increasing focus on the safety and efficiency of dismounted soldiers. Highlighted with 28 tables and 64 figures, this 123-page report “North America Military Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Power (Active/Powered, Passive), Structure (Rigid, Soft), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America military exoskeletons market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects: •Market Structure •Growth Drivers •Restraints and Challenges •Emerging Product Trends & Market Opportunities •Porter’s Fiver Forces The trend and outlook of North America market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify North America military exoskeletons market in every aspect of the classification from perspectives of Offering, Function, Power, Structure, and Country.
Based on Offering, the North America market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Hardware oSensors oActuators oPower Sources oControllers oOther Hardware •Software •Service
Based on Function, the North America market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section. •Upper Body Exoskeletons •Lower Body Exoskeletons •Full Body Exoskeletons
By Power, the North America market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section. •Active/Powered Exoskeletons oElectric Actuator oPneumatic Actuator oHydraulic Actuator oMechanical Actuator oOther Types •Passive Exoskeletons
By Structure, the North America market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section. •Rigid Exoskeletons •Soft Exoskeletons
Geographically, the following national/local markets are fully investigated: •U.S. •Canada •Mexico For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Function, Power, and Structure over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players: Aselsan AS BAE Systems PLC Bionic Power Inc. Dephy Inc. Lockheed Martin Corporation Mawashi Science & Technology Northrop Grumman Corporation Raytheon Technologies Corporation Revision Inc. Rostec Corp. Safran S.A. Sarcos Corporation SRI International Inc. US Bionics Inc. (Suitx) (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
Table of Contents
1 Introduction8 1.1 Industry Definition and Research Scope8 1.1.1 Industry Definition8 1.1.2 Research Scope10 1.2 Research Methodology13 1.2.1 Overview of Market Research Methodology13 1.2.2 Market Assumption14 1.2.3 Secondary Data14 1.2.4 Primary Data14 1.2.5 Data Filtration and Model Design15 1.2.6 Market Size/Share Estimation16 1.2.7 Research Limitations17 1.3 Executive Summary18 2 Market Overview and Dynamics21 2.1 Market Size and Forecast21 2.1.1 Impact of COVID-19 on World Economy24 2.1.2 Impact of COVID-19 on the Market27 2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery29 2.2 Major Growth Drivers33 2.3 Market Restraints and Challenges40 2.4 Emerging Opportunities and Market Trends43 2.5 Porter’s Fiver Forces Analysis47 3 Segmentation of North America Market by Offering51 3.1 Market Overview by Offering51 3.2 Hardware53 3.2.1 Sensors54 3.2.2 Actuators55 3.2.3 Power Sources56 3.2.4 Controllers57 3.2.5 Other Hardware58 3.3 Software59 3.4 Services60 4 Segmentation of North America Market by Function61 4.1 Market Overview by Function61 4.2 Upper Body Exoskeletons65 4.3 Lower Body Exoskeletons67 4.4 Full Body Exoskeletons69 5 Segmentation of North America Market by Power71 5.1 Market Overview by Power71 5.2 Active/Powered Exoskeletons75 5.2.1 Electric Actuator77 5.2.2 Pneumatic Actuator78 5.2.3 Hydraulic Actuator79 5.2.4 Fuel Cell Actuator80 5.2.5 Other Types81 5.3 Passive Exoskeletons82 6 Segmentation of North America Market by Structure84 6.1 Market Overview by Structure84 6.2 Rigid Exoskeletons88 6.3 Soft Exoskeletons90 7 North America Market 2022-2032 by Country92 7.1 Overview of North America Market92 7.2 U.S.97 7.3 Canada100 7.4 Mexico102 8 Competitive Landscape104 8.1 Overview of Key Vendors104 8.2 New Product Launch, Partnership, Investment, and M&A107 8.3 Company Profiles108 Aselsan AS108 BAE Systems PLC110 Bionic Power Inc.111 Dephy Inc.112 Lockheed Martin Corporation113 Mawashi Science & Technology114 Northrop Grumman Corporation115 Raytheon Technologies Corporation116 Revision Inc.117 Rostec Corp.118 Safran S.A.119 Sarcos Corporation120 SRI International Inc.121 US Bionics Inc. (Suitx)122 RELATED REPORTS123
List of Tables:
Table 1. Snapshot of North America Military Exoskeletons Market in Balanced Perspective, 2022-203219 Table 2. World Economic Outlook, 2021-203125 Table 3. World Economic Outlook, 2021-202326 Table 4. Scenarios for Economic Impact of Ukraine Crisis30 Table 5. Main Product Trends and Market Opportunities in North America Military Exoskeletons Market43 Table 6. North America Military Exoskeletons Market by Offering, 2022-2032, $ mn51 Table 7. North America Military Exoskeletons Market: Hardware by Type, 2022-2032, $ mn53 Table 8. North America Military Exoskeletons Market by Function, 2022-2032, $ mn61 Table 9. North America Military Exoskeletons Market by Function, 2022-2032, units63 Table 10. North America Military Exoskeletons Market by Power, 2022-2032, $ mn71 Table 11. North America Military Exoskeletons Market by Power, 2022-2032, units73 Table 12. North America Military Exoskeletons Market: Active/Powered Exoskeletons by Type, 2022-2032, $ mn76 Table 13. North America Military Exoskeletons Market by Structure, 2022-2032, $ mn84 Table 14. North America Military Exoskeletons Market by Structure, 2022-2032, units86 Table 15. North America Military Exoskeletons Market by Country, 2022-2032, $ mn93 Table 16. North America Military Exoskeletons Market by Country, 2022-2032, units95 Table 17. U.S. Military Exoskeletons Market by Function, 2022-2032, $ mn99 Table 18. U.S. Military Exoskeletons Market by Power, 2022-2032, $ mn99 Table 19. U.S. Military Exoskeletons Market by Structure, 2022-2032, $ mn99 Table 20. Canada Military Exoskeletons Market by Function, 2022-2032, $ mn101 Table 21. Canada Military Exoskeletons Market by Power, 2022-2032, $ mn101 Table 22. Canada Military Exoskeletons Market by Structure, 2022-2032, $ mn101 Table 23. Mexico Military Exoskeletons Market by Function, 2022-2032, $ mn103 Table 24. Mexico Military Exoskeletons Market by Power, 2022-2032, $ mn103 Table 25. Mexico Military Exoskeletons Market by Structure, 2022-2032, $ mn103 Table 26. Aselsan AS: Company Snapshot108 Table 27. Aselsan AS: Business Segmentation109 Table 28. Aselsan AS: Product Portfolio109