Asia Pacific 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
128
PDF
Asia Pacific 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 Asia Pacific military exoskeletons market will grow by 29.8% annually with a total addressable market cap of $2.57 billion over 2023-2032, driven by the increasing warfare and regional conflicts, the technological advancements in exoskeleton industry, and an increasing focus on the safety and efficiency of dismounted soldiers. Highlighted with 35 tables and 67 figures, this 128-page report “Asia Pacific Military Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Power (Active/Powered, Passive), Structure (Rigid, Soft), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific military exoskeletons market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects: •Market Structure •Growth Drivers •Restraints and Challenges •Emerging Product Trends & Market Opportunities •Porter’s Fiver Forces The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific military exoskeletons market in every aspect of the classification from perspectives of Offering, Function, Power, Structure, and Country.
Based on Offering, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Hardware oSensors oActuators oPower Sources oControllers oOther Hardware •Software •Service
Based on Function, the Asia Pacific 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 Asia Pacific 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 Asia Pacific 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: •Japan •China •South Korea •Australia •India •Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines) For each key country, detailed analysis and data for annual revenue ($ mn) and volume (units) 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 Introduction7 1.1 Industry Definition and Research Scope7 1.1.1 Industry Definition7 1.1.2 Research Scope9 1.2 Research Methodology12 1.2.1 Overview of Market Research Methodology12 1.2.2 Market Assumption13 1.2.3 Secondary Data13 1.2.4 Primary Data13 1.2.5 Data Filtration and Model Design14 1.2.6 Market Size/Share Estimation15 1.2.7 Research Limitations16 1.3 Executive Summary17 2 Market Overview and Dynamics20 2.1 Market Size and Forecast20 2.1.1 Impact of COVID-19 on World Economy23 2.1.2 Impact of COVID-19 on the Market26 2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery28 2.2 Major Growth Drivers32 2.3 Market Restraints and Challenges39 2.4 Emerging Opportunities and Market Trends42 2.5 Porter’s Fiver Forces Analysis46 3 Segmentation of Asia Pacific Market by Offering50 3.1 Market Overview by Offering50 3.2 Hardware52 3.2.1 Sensors53 3.2.2 Actuators54 3.2.3 Power Sources55 3.2.4 Controllers56 3.2.5 Other Hardware57 3.3 Software58 3.4 Services59 4 Segmentation of Asia Pacific Market by Function60 4.1 Market Overview by Function60 4.2 Upper Body Exoskeletons64 4.3 Lower Body Exoskeletons66 4.4 Full Body Exoskeletons68 5 Segmentation of Asia Pacific Market by Power70 5.1 Market Overview by Power70 5.2 Active/Powered Exoskeletons74 5.2.1 Electric Actuator76 5.2.2 Pneumatic Actuator77 5.2.3 Hydraulic Actuator78 5.2.4 Fuel Cell Actuator79 5.2.5 Other Types80 5.3 Passive Exoskeletons81 6 Segmentation of Asia Pacific Market by Structure83 6.1 Market Overview by Structure83 6.2 Rigid Exoskeletons87 6.3 Soft Exoskeletons89 7 Asia-Pacific Market 2022-2032 by Country/Region91 7.1 Overview of Asia-Pacific Market91 7.2 Japan96 7.3 China99 7.4 Australia101 7.5 India103 7.6 South Korea105 7.7 Rest of APAC Region107 8 Competitive Landscape109 8.1 Overview of Key Vendors109 8.2 New Product Launch, Partnership, Investment, and M&A112 8.3 Company Profiles113 Aselsan AS113 BAE Systems PLC115 Bionic Power Inc.116 Dephy Inc.117 Lockheed Martin Corporation118 Mawashi Science & Technology119 Northrop Grumman Corporation120 Raytheon Technologies Corporation121 Revision Inc.122 Rostec Corp.123 Safran S.A.124 Sarcos Corporation125 SRI International Inc.126 US Bionics Inc. (Suitx)127 RELATED REPORTS128
List of Tables:
Table 1. Snapshot of Asia Pacific Military Exoskeletons Market in Balanced Perspective, 2022-203218 Table 2. World Economic Outlook, 2021-203124 Table 3. World Economic Outlook, 2021-202325 Table 4. Scenarios for Economic Impact of Ukraine Crisis29 Table 5. Main Product Trends and Market Opportunities in Asia Pacific Military Exoskeletons Market42 Table 6. Asia Pacific Military Exoskeletons Market by Offering, 2022-2032, $ mn50 Table 7. Asia Pacific Military Exoskeletons Market: Hardware by Type, 2022-2032, $ mn52 Table 8. Asia Pacific Military Exoskeletons Market by Function, 2022-2032, $ mn60 Table 9. Asia Pacific Military Exoskeletons Market by Function, 2022-2032, units62 Table 10. Asia Pacific Military Exoskeletons Market by Power, 2022-2032, $ mn70 Table 11. Asia Pacific Military Exoskeletons Market by Power, 2022-2032, units72 Table 12. Asia Pacific Military Exoskeletons Market: Active/Powered Exoskeletons by Type, 2022-2032, $ mn75 Table 13. Asia Pacific Military Exoskeletons Market by Structure, 2022-2032, $ mn83 Table 14. Asia Pacific Military Exoskeletons Market by Structure, 2022-2032, units85 Table 15. APAC Military Exoskeletons Market by Country/Region, 2022-2032, $ mn92 Table 16. APAC Military Exoskeletons Market by Country/Region, 2022-2032, units94 Table 17. Japan Military Exoskeletons Market by Function, 2022-2032, $ mn98 Table 18. Japan Military Exoskeletons Market by Power, 2022-2032, $ mn98 Table 19. Japan Military Exoskeletons Market by Structure, 2022-2032, $ mn98 Table 20. China Military Exoskeletons Market by Function, 2022-2032, $ mn100 Table 21. China Military Exoskeletons Market by Power, 2022-2032, $ mn100 Table 22. China Military Exoskeletons Market by Structure, 2022-2032, $ mn100 Table 23. Australia Military Exoskeletons Market by Function, 2022-2032, $ mn102 Table 24. Australia Military Exoskeletons Market by Power, 2022-2032, $ mn102 Table 25. Australia Military Exoskeletons Market by Structure, 2022-2032, $ mn102 Table 26. India Military Exoskeletons Market by Function, 2022-2032, $ mn104 Table 27. India Military Exoskeletons Market by Power, 2022-2032, $ mn104 Table 28. India Military Exoskeletons Market by Structure, 2022-2032, $ mn104 Table 29. South Korea Military Exoskeletons Market by Function, 2022-2032, $ mn106 Table 30. South Korea Military Exoskeletons Market by Power, 2022-2032, $ mn106 Table 31. South Korea Military Exoskeletons Market by Structure, 2022-2032, $ mn106 Table 32. Military Exoskeletons Market in Rest of APAC by Country/Region, 2022-2032, $ mn108 Table 33. Aselsan AS: Company Snapshot113 Table 34. Aselsan AS: Business Segmentation114 Table 35. Aselsan AS: Product Portfolio114
Asia Pacific military exoskeletons market will grow by 29.8% annually with a total addressable market cap of $2.57 billion over 2023-2032, driven by the increasing warfare and regional conflicts, the technological advancements in exoskeleton industry, and an increasing focus on the safety and efficiency of dismounted soldiers. Highlighted with 35 tables and 67 figures, this 128-page report “Asia Pacific Military Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Power (Active/Powered, Passive), Structure (Rigid, Soft), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire Asia Pacific military exoskeletons market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects: •Market Structure •Growth Drivers •Restraints and Challenges •Emerging Product Trends & Market Opportunities •Porter’s Fiver Forces The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific military exoskeletons market in every aspect of the classification from perspectives of Offering, Function, Power, Structure, and Country.
Based on Offering, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section. •Hardware oSensors oActuators oPower Sources oControllers oOther Hardware •Software •Service
Based on Function, the Asia Pacific 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 Asia Pacific 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 Asia Pacific 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: •Japan •China •South Korea •Australia •India •Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines) For each key country, detailed analysis and data for annual revenue ($ mn) and volume (units) 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 Introduction7 1.1 Industry Definition and Research Scope7 1.1.1 Industry Definition7 1.1.2 Research Scope9 1.2 Research Methodology12 1.2.1 Overview of Market Research Methodology12 1.2.2 Market Assumption13 1.2.3 Secondary Data13 1.2.4 Primary Data13 1.2.5 Data Filtration and Model Design14 1.2.6 Market Size/Share Estimation15 1.2.7 Research Limitations16 1.3 Executive Summary17 2 Market Overview and Dynamics20 2.1 Market Size and Forecast20 2.1.1 Impact of COVID-19 on World Economy23 2.1.2 Impact of COVID-19 on the Market26 2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery28 2.2 Major Growth Drivers32 2.3 Market Restraints and Challenges39 2.4 Emerging Opportunities and Market Trends42 2.5 Porter’s Fiver Forces Analysis46 3 Segmentation of Asia Pacific Market by Offering50 3.1 Market Overview by Offering50 3.2 Hardware52 3.2.1 Sensors53 3.2.2 Actuators54 3.2.3 Power Sources55 3.2.4 Controllers56 3.2.5 Other Hardware57 3.3 Software58 3.4 Services59 4 Segmentation of Asia Pacific Market by Function60 4.1 Market Overview by Function60 4.2 Upper Body Exoskeletons64 4.3 Lower Body Exoskeletons66 4.4 Full Body Exoskeletons68 5 Segmentation of Asia Pacific Market by Power70 5.1 Market Overview by Power70 5.2 Active/Powered Exoskeletons74 5.2.1 Electric Actuator76 5.2.2 Pneumatic Actuator77 5.2.3 Hydraulic Actuator78 5.2.4 Fuel Cell Actuator79 5.2.5 Other Types80 5.3 Passive Exoskeletons81 6 Segmentation of Asia Pacific Market by Structure83 6.1 Market Overview by Structure83 6.2 Rigid Exoskeletons87 6.3 Soft Exoskeletons89 7 Asia-Pacific Market 2022-2032 by Country/Region91 7.1 Overview of Asia-Pacific Market91 7.2 Japan96 7.3 China99 7.4 Australia101 7.5 India103 7.6 South Korea105 7.7 Rest of APAC Region107 8 Competitive Landscape109 8.1 Overview of Key Vendors109 8.2 New Product Launch, Partnership, Investment, and M&A112 8.3 Company Profiles113 Aselsan AS113 BAE Systems PLC115 Bionic Power Inc.116 Dephy Inc.117 Lockheed Martin Corporation118 Mawashi Science & Technology119 Northrop Grumman Corporation120 Raytheon Technologies Corporation121 Revision Inc.122 Rostec Corp.123 Safran S.A.124 Sarcos Corporation125 SRI International Inc.126 US Bionics Inc. (Suitx)127 RELATED REPORTS128
List of Tables:
Table 1. Snapshot of Asia Pacific Military Exoskeletons Market in Balanced Perspective, 2022-203218 Table 2. World Economic Outlook, 2021-203124 Table 3. World Economic Outlook, 2021-202325 Table 4. Scenarios for Economic Impact of Ukraine Crisis29 Table 5. Main Product Trends and Market Opportunities in Asia Pacific Military Exoskeletons Market42 Table 6. Asia Pacific Military Exoskeletons Market by Offering, 2022-2032, $ mn50 Table 7. Asia Pacific Military Exoskeletons Market: Hardware by Type, 2022-2032, $ mn52 Table 8. Asia Pacific Military Exoskeletons Market by Function, 2022-2032, $ mn60 Table 9. Asia Pacific Military Exoskeletons Market by Function, 2022-2032, units62 Table 10. Asia Pacific Military Exoskeletons Market by Power, 2022-2032, $ mn70 Table 11. Asia Pacific Military Exoskeletons Market by Power, 2022-2032, units72 Table 12. Asia Pacific Military Exoskeletons Market: Active/Powered Exoskeletons by Type, 2022-2032, $ mn75 Table 13. Asia Pacific Military Exoskeletons Market by Structure, 2022-2032, $ mn83 Table 14. Asia Pacific Military Exoskeletons Market by Structure, 2022-2032, units85 Table 15. APAC Military Exoskeletons Market by Country/Region, 2022-2032, $ mn92 Table 16. APAC Military Exoskeletons Market by Country/Region, 2022-2032, units94 Table 17. Japan Military Exoskeletons Market by Function, 2022-2032, $ mn98 Table 18. Japan Military Exoskeletons Market by Power, 2022-2032, $ mn98 Table 19. Japan Military Exoskeletons Market by Structure, 2022-2032, $ mn98 Table 20. China Military Exoskeletons Market by Function, 2022-2032, $ mn100 Table 21. China Military Exoskeletons Market by Power, 2022-2032, $ mn100 Table 22. China Military Exoskeletons Market by Structure, 2022-2032, $ mn100 Table 23. Australia Military Exoskeletons Market by Function, 2022-2032, $ mn102 Table 24. Australia Military Exoskeletons Market by Power, 2022-2032, $ mn102 Table 25. Australia Military Exoskeletons Market by Structure, 2022-2032, $ mn102 Table 26. India Military Exoskeletons Market by Function, 2022-2032, $ mn104 Table 27. India Military Exoskeletons Market by Power, 2022-2032, $ mn104 Table 28. India Military Exoskeletons Market by Structure, 2022-2032, $ mn104 Table 29. South Korea Military Exoskeletons Market by Function, 2022-2032, $ mn106 Table 30. South Korea Military Exoskeletons Market by Power, 2022-2032, $ mn106 Table 31. South Korea Military Exoskeletons Market by Structure, 2022-2032, $ mn106 Table 32. Military Exoskeletons Market in Rest of APAC by Country/Region, 2022-2032, $ mn108 Table 33. Aselsan AS: Company Snapshot113 Table 34. Aselsan AS: Business Segmentation114 Table 35. Aselsan AS: Product Portfolio114