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Published Date: 2017-05-31Number of Pages: 118

Military Exoskeleton Market (Type - Full body exoskeleton and Partial Body Exoskeleton; Power - Active Exoskeleton and Passive Exoskeleton) - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

Global Military Exoskeleton Market: Snapshot

The rising concern for safety has led to the defense sector across the world focusing on wearable robotics with their soldiers. Exoskeleton systems are one of the major areas of interest in the wearable robotics for defense applications. These suits give soldiers an additional strength to lift up heavy loads and also move swiftly in the battlefield. Moreover, the changing concept of warfare has led to the development of biological weapons, which can be deadly to the human body. To prevent direct contact to the biological elements, armies across the globe are investing in military exoskeletons. Against this background, the global market is expected to register a CAGR of CAGR of 14.4% to rise from US$924.5 mn in 2016 to reach US$3,042.4 mn by the end of 2025. However, the market faces a tough challenge of procuring these suits due to high cost.

military exoskeleton market

Partial Military Exoskeleton Segment Paces Ahead due to Rising Applications

The global military exoskeleton market has been segmented by types into full body exoskeletons and partial body exoskeleton. The partial body exoskeletons are expected to witness strong demand during the forecast period due to the rising application of these exoskeletons to provide support to injured soldiers. However, the ongoing research and development is expected to result into the development of flexible full body exoskeletons at lower prices which is expected to drive the demand in future. Analysts expect that the partial military exoskeleton segment is likely to be worth US$1,977.0 mn by the end of 2025.

On the basis of power, the market is fragmented into active exoskeletons and partial exoskeletons. The active exoskeletons are integrated with hydraulics and actuators which provided added strength and endurance to the soldiers during combat. Hence, the active exoskeletons have been analyzed to dominate the global military exoskeleton market during the forecast period.

Europe and North America Poised to Dominate Global Market as Situation in Middle East Worsens

Regionally, the global military exoskeleton market is divided into North America, Europe, Asia Pacific, the Middle East and Africa, and Latin America. North America and Europe have been anticipated to be the most dominating region with over 50% of the global market in terms of revenue. North America includes the U.S. and Canada which are investing heavily towards the development of lightweight exoskeletons for the soldiers. The volatile political situation and deployment of the U.S. soldiers in the certain areas of the Middle East is primarily driving the need for upgraded military wearable and exoskeletons in the region. These factors are in return creating the need for military exoskeleton systems in Europe as well.

On the other hand, the emerging economies such as India and China are focusing on upgrading their defense capabilities which is in return expected to drive the demand for military exoskeletons in this region significantly. The rising defense budgets in these countries, growing concerns about border security, and increasing incidents of internal security violated have also had a positive impact on the Asia Pacific military exoskeleton market.

Some of the important players operating in the global military exoskeleton market are Lockheed Martin Corporation, BAE Systems, Raytheon Company, General Dynamics Corporation, Boeing, Honeywell Aerospace, Ekso Bionics Holdings, Bionic Power, Safran S.A., and SpringActive, Inc.

Section 01 Preface 
1.1 Report Scope & Market Segmentation 
1.2 Research Highlights

Section 02 Research Methodology 

Section 03 Executive Summary – Military Exoskeleton Market 

Section 04 Market Overview 
4.1 Market Introduction 
4.2 Market Trends 
4.3 Market Dynamics 
      4.3.1 Drivers and Restraints: Snapshot Analysis 
      4.3.2 Drivers Growing demand for integrated soldier suites Rising demand for lightweight wearables 
      4.3.3 Restraints High cost of procurement
      4.3.4 Opportunities The emerging concept of modern warfare to bolster demand 
4.4 Market Attractiveness Analysis by Types, 2016 
4.5 Market Share of Key Players, 2016

Section 05 Global Military Exoskeleton Market Analysis : By Types 
5.1 Introduction 
5.2 Global Military Exoskeleton Market Value Share Analysis, By Types 
5.3 Global Military Exoskeleton Market Forecast By Types 
5.4 Global Military Exoskeleton Market Analysis By Types 

Section 06 Global Military Exoskeleton Market Analysis : By Power 
6.1 Introduction 
6.2 Global Military Exoskeleton Market Value Share Analysis, By Power 
6.3 Global Military Exoskeleton Market Forecast By Power 
6.4 Global Military Exoskeleton Market Analysis By Power 

Section 07 North America Military Exoskeleton Market Analysis
7.1 North America Military Exoskeleton Market Value Share Analysis, By Types 
7.2 North America Military Exoskeleton Market Revenue and Forecast, By Types 
7.3 North America Military Exoskeleton Market Value Share Analysis, By Power 
7.4 North America Military Exoskeleton Market Revenue and Forecast, By Power  
7.5 North America Military Exoskeleton Market Value Share Analysis, By Country 
7.6 North America Military Exoskeleton Market Revenue and Forecast, By Country 
7.7 North America Military Exoskeleton Market Analysis, By Country 
      7.7.1 US Military Exoskeleton Market Revenue and Forecast
      7.7.2 Canada Military Exoskeleton Market Revenue and Forecast 
      7.7.3 Mexico Military Exoskeleton Market Revenue and Forecast

Section 08 Europe Military Exoskeleton Market Analysis
8.1 Europe Military Exoskeleton Market Value Share Analysis, By Types 
8.2 Europe Military Exoskeleton Market Revenue and Forecast, By Types 
8.3 Europe Military Exoskeleton Market Value Share Analysis, By Power 
8.4 Europe Military Exoskeleton Market Revenue and Forecast, By Power  
8.5 Europe Military Exoskeleton Market Value Share Analysis, By Country 
8.6 Europe Military Exoskeleton Market Revenue and Forecast, By Country 
8.7 Europe Military Exoskeleton Market Analysis, By Country 
      8.7.1 UK Military Exoskeleton Market Revenue and Forecast
      8.7.2 Germany Military Exoskeleton Market Revenue and Forecast       
      8.7.3 France Military Exoskeleton Market Revenue and Forecast
      8.7.4 Italy Military Exoskeleton Market Revenue and Forecast
      8.7.5 Rest of Europe Military Exoskeleton Market Revenue and Forecast

Section 09 Asia Pacific Military Exoskeleton Market Analysis
9.1 Asia Pacific Military Exoskeleton Market Value Share Analysis, By Types 
9.2 Asia Pacific Military Exoskeleton Market Revenue and Forecast, By Types 
9.3 Asia Pacific Military Exoskeleton Market Value Share Analysis, By Power 
9.4 Asia Pacific Military Exoskeleton Market Revenue and Forecast, By Power  
9.5 Asia Pacific Military Exoskeleton Market Value Share Analysis, By Country 
9.6 Asia Pacific Military Exoskeleton Market Revenue and Forecast, By Country 
9.7 Asia Pacific Military Exoskeleton Market Analysis, By Country 
      9.7.1 China Military Exoskeleton Market Revenue and Forecast
      9.7.2 Japan Military Exoskeleton Market Revenue and Forecast 
      9.7.3 India Military Exoskeleton Market Revenue and Forecast
      9.7.4 South Korea Military Exoskeleton Market Revenue and Forecast
      9.7.5 Rest of Asia Pacific Military Exoskeleton Market Revenue and Forecast

Section 10 Middle East and Africa Military Exoskeleton Market Analysis
10.1 Middle East & Africa Military Exoskeleton Market Value Share Analysis, By Types 
10.2 Middle East & Africa Military Exoskeleton Market Revenue and Forecast, By Types 
10.3 Middle East & Africa Military Exoskeleton Market Value Share Analysis, By Power 
10.4 Middle East & Africa Military Exoskeleton Market Revenue and Forecast, By Power  
10.5 Middle East and Africa Military Exoskeleton Market Value Share Analysis, By Country 
10.6 Middle East and Africa Military Exoskeleton Market Revenue and Forecast, By Country 
10.7 Middle East and Africa Manufacturing Market Analysis, By Country 
      10.7.1 Saudi Arabia Military Exoskeleton Market Revenue and Forecast
      10.7.2 UAE Military Exoskeleton Market Revenue and Forecast 
      10.7.3 South Africa Military Exoskeleton Market Revenue and Forecast

Section 11 Latin America Military Exoskeleton Market Analysis
11.1 Latin America Military Exoskeleton Market Value Share Analysis, By Types 
11.2 Latin America Military Exoskeleton Market Revenue and Forecast, By Types 
11.3 Latin America Military Exoskeleton Market Value Share Analysis, By Power 
11.4 Latin America Military Exoskeleton Market Revenue and Forecast, By Power  
11.5 Latin America Military Exoskeleton Market Value Share Analysis, By Country 
11.6 Latin America Military Exoskeleton Market Revenue and Forecast, By Country 
11.7 Latin America Military Exoskeleton Market Analysis, By Country 
      11.7.1 Brazil Military Exoskeleton Market Revenue and Forecast
      11.7.2 Rest of Latin America Military Exoskeleton Market Revenue and Forecast

Section 12 Company Profiles
12.1 Lockheed Martin Corporation 
      12.1.1 Company Details
      12.1.2 Market Presence
      12.1.3 SWOT Analysis
      12.1.4 Financial
      12.1.5 Strategic Overview
12.2 BAE Systems 
      12.2.1 Company Details
      12.2.2 Market Presence
      12.2.3 SWOT Analysis
      12.2.4 Financial
      12.2.5 Strategic Overview
12.3 Raytheon Company 
      12.3.1 Company Details
      12.3.2 Market Presence
      12.3.3 SWOT Analysis
      12.3.4 Financial
      12.3.5 Strategic Overview
12.4 General Dynamics Corporation 
      12.4.1 Company Details
      12.4.2 Market Presence
      12.4.3 SWOT Analysis
      12.4.4 Financial
      12.4.5 Strategic Overview
12.5 Boeing 
      12.5.1 Company Details
      12.5.2 Market Presence
      12.5.3 SWOT Analysis
      12.5.4 Financial
      12.5.5 Strategic Overview
12.6 Honeywell Aerospace 
      12.6.1 Company Details
      12.6.2 Market Presence
      12.6.3 SWOT Analysis
      12.6.4 Financial
      12.6.5 Strategic Overview
12.7 Ekso Bionics Holdings 
      12.7.1 Company Details
      12.7.2 Market Presence
      12.7.3 SWOT Analysis
      12.7.4 Financial
      12.7.5 Strategic Overview
12.8 Bionic Power 
      12.8.1 Company Details
      12.8.2 Market Presence
      12.8.3 SWOT Analysis
      12.8.4 Financial
      12.8.5 Strategic Overview
12.9 Safran S.A. 
      12.9.1 Company Details
      12.9.2 Market Presence
      12.9.3 SWOT Analysis
      12.9.4 Financial
      12.9.5 Strategic Overview
12.10 SpringActive, Inc. 
      12.10.1 Company Details
      12.10.2 Market Presence
      12.10.3 SWOT Analysis
      12.10.4 Financial
      12.10.5 Strategic Overview

List of Figures 

1 Report Scope 
2 Market Size, Indicative (USD Million) 
3 Market Size, By Types, 2025 (USD Million) 
4 Market Share, By Regions, 2016 & 2025
5 Key Trends
6 Market Attractiveness Analysis by Types 2016
7 Dominating and Emerging Players, 2016 
8 Military Exoskeleton: Global Market Value Share Analysis By Types, 2016 and 2025
9 Full Body Exoskeleton Market, 2016 – 2025, USD Million 
10 Partial Body Exoskeleton Market, 2016 – 2025, USD Million 
11 Military Exoskeleton: Global Market Value Share Analysis By Power, 2016 and 2025
12 Active Exoskeleton Market, 2016 – 2025, USD Million 
13 Passive Exoskeleton Market, 2016 – 2025, USD Million 
14 North America Military Exoskeleton Market, 2016 – 2025, USD Mn 
15 North America Military Exoskeleton Market, Value Share Analysis, By Type, 2016 and 2025 
16 North America Military Exoskeleton Market, Value Share Analysis, By Power, 2016 and 2025 
17 North America Military Exoskeleton Market, Value Share Analysis, By Country, 2016 and 2025 
18 U.S. Military Exoskeleton Market, 2016 – 2025, USD Mn 
19 Canada Military Exoskeleton Market, 2016 – 2025, USD Mn 
20 Mexico Military Exoskeleton Market, 2016 – 2025, USD Mn 
21 Europe Military Exoskeleton Market, 2016 – 2025, USD Mn 
22 Europe Military Exoskeleton Market Value Share Analysis, By Type, 2016 and 2025 
23 Europe Military Exoskeleton Market Value Share Analysis, By Power, 2016 and 2025 
24 Europe Military Exoskeleton Market, Value Share Analysis, By Country, 2016 and 2025 
25 U.K. Military Exoskeleton Market, 2016 – 2025, USD Mn 
26 Germany Military Exoskeleton Market, 2016 – 2025, USD Mn 
27 France Military Exoskeleton Market, 2016 – 2025, USD Mn 
28 Italy Military Exoskeleton Market, 2016 – 2025, USD Mn 
29 Rest of Europe Military Exoskeleton Market, 2016 – 2025, USD Mn 
30 Asia Pacific Military Exoskeleton Market, 2016 – 2025, USD Mn 
31 Asia Pacific Military Exoskeleton Market, Value Share Analysis, By Type, 2016 and 2025 
32 Asia Pacific Military Exoskeleton Market, Value Share Analysis, By Power, 2016 and 2025 
33 Asia Pacific Military Exoskeleton Market, Value Share Analysis, By Country, 2016 and 2025 
34 China Military Exoskeleton Market, 2016 – 2025, USD Mn 
35 Japan Military Exoskeleton Market, 2016 – 2025, USD Mn 
36 India Military Exoskeleton Market, 2016 – 2025, USD Mn 
37 South Korea Military Exoskeleton Market, 2016 – 2025, USD Mn 
38 Rest of Asia Pacific Military Exoskeleton Market, 2016 – 2025, USD Mn 
39 Middle East and Africa Military Exoskeleton Market, 2016 – 2025, USD Mn 
40 Middle East and Africa Military Exoskeleton Market, Value Share Analysis, By Type, 2016 and 2025 
41 Middle East and Africa Military Exoskeleton Market, Value Share Analysis, By Power, 2016 and 2025 
42 Middle East and Africa Military Exoskeleton Market, Value Share Analysis, By Country, 2016 and 2025 
43 UAE Military Exoskeleton Market, 2016 – 2025, USD Mn 
44 Saudi Arabia Military Exoskeleton Market, 2016 – 2025, USD Mn 
45 South Africa Military Exoskeleton Market, 2016 – 2025, USD Mn 
46 Latin America Military Exoskeleton Market, 2016 – 2025, USD Mn 
47 Latin America Military Exoskeleton Market, Value Share Analysis, By Type, 2016 and 2025 
48 Latin America Military Exoskeleton Market, Value Share Analysis, By Power, 2016 and 2025 
49 Latin America Military Exoskeleton Market Value Share Analysis, By Country, 2016 and 2025 
50 Brazil Military Exoskeleton Market, 2016 – 2025, USD Mn 
51 Rest of Latin America Military Exoskeleton Market, 2016 – 2025, USD Mn

List of Tables

1 Global Market Size (USD Million) Forecast, By Types, 2016 – 2025 
2 Global Market Size (USD Million) Forecast, By Power, 2016 – 2025 
3 North America Military Exoskeleton Market, Revenue (US$ Mn and Forecast, By Types, 2016–2025 
4 North America Military Exoskeleton Market, Revenue (US$ Mn and Forecast, By Power, 2016–2025 
5 North America Military Exoskeleton Market, Revenue (US$ Mn and Forecast, By Country, 2016–2025 
6 Europe Military Exoskeleton Market Revenue (US$ Mn and Forecast, By Types, 2016–2025 
7 Europe Military Exoskeleton Market Revenue (US$ Mn and Forecast, By Power, 2016–2025 
8 Europe Military Exoskeleton Market Revenue (US$ Mn and Forecast, By Country, 2016–2025 
9 Asia Pacific Military Exoskeleton Market Revenue (US$ Mn and Forecast, By Types, 2016–2025 
10 Asia Pacific Military Exoskeleton Market Revenue (US$ Mn and Forecast, By Power, 2016–2025 
11 Asia Pacific Military Exoskeleton Market Revenue (US$ Mn and Forecast, By Country, 2016–2025 
12 Middle East and Africa Military Exoskeleton Market Revenue (USD Mn) and Forecast, By Types, 2016–2025 
13 Middle East and Africa Military Exoskeleton Market Revenue (USD Mn) and Forecast, By Power, 2016–2025 
14 Middle East and Africa Military Exoskeleton Market Revenue (USD Mn) and Forecast, By Country Type, 2016–2025 
15 Latin America Military Exoskeleton Market Revenue (USD Mn) and Forecast, By Types, 2016–2025 
16 Latin America Military Exoskeleton Market Revenue (USD Mn) and Forecast, By Power, 2016–2025 
17 Latin America Military Exoskeleton Market Revenue (USD Mn) and Forecast, By Country, 2016–2025 

Global Military Exoskeleton Market: Overview

Military exoskeleton is robotic-like suit which provides powered assist and increase the strength of the soldiers during combat. There are several factors driving the demand for these exoskeletons globally. The increasing concern for security and safety from growing criminal activities and cross border terrorism has resulted into the need for soldier safety during warfare. A military exoskeleton suite empowers the soldier to lift heavy weights, run at faster speeds and defend themselves from enemy attacks. Moreover, the changing concept of warfare has led to the development of biological weapons which are more harmful to the body. These can also prevent direct contact of the soldier from harmful gases. These factors are aiding to the demand for exoskeleton suits globally. Furthermore, the need for quick coordination during warfare has led to the need for advanced communication systems which cannot be tracked by the enemy. Hence, the soldier suits need to be integrated with these electronics which include range finders, optronics, radios and navigation systems to name a few.

Global Military Exoskeleton Market: Drivers and Trends

However, the integration of these electronics increases the overall weight of the suits and makes it difficult for the soldiers to move swiftly. The development of lightweight exoskeletons will reduce the weight considerable and give added advantages to the soldiers by enhancing their mobility. These factors are expected to drive the demand for military exoskeletons considerably during the forecast period. However, a primary reason restraining the growth of the market is the price involved in procuring the exoskeletons. One exoskeleton suit can cost up to USD 150,000. Furthermore, the defense agencies need to place order in large quantities which can further increase the cost of procurement.

Global Military Exoskeleton Market: Segmentation

The global military exoskeleton market has been segmented by types, power and geography. By types, the market has been segregated into full body exoskeleton and partial body exoskeleton systems. The partial body exoskeletons are expected to dominate the military exoskeleton market globally. Furthermore, the market has been bifurcated by power into active exoskeletons and passive exoskeletons. Currently, the active exoskeleton systems are witnessing higher demand in the market due to need for providing the soldiers increased strength and stamina in the battlefield. By geography, the global market has been segmented into five important regions consisting of North America, Europe, Asia Pacific, Middle East & Africa (MEA) and Latin America. North America and Europe has been analyzed to lead the global military exoskeleton market during the forecast period.

The global report of military exoskeleton systems also includes the key trends expected to affect the demand and supply of the exoskeletons in future. Moreover, the market attractiveness of the various types of exoskeletons have been included in order understand the future opportunities of these segments. The global market of military exoskeletons has been tracked in terms of revenue from 2017 to 2025 where in 2016 has been considered as the base year of the study.

Key Players Mentioned in the Report are:

The global market of military exoskeleton is witnessing intense competition from the leading players operating in the market. These players also undergo mergers and acquisition in order to sustain in the competitive environment. Furthermore, some of the players also follow a strategy of working in collaboration with others in order to create innovative products. The report also includes a detailed company profile of the major players which includes the company overview, product segments, and financial performance over the last three years, SWOT analysis and the business strategies adopted by them. The key players profiled in this report include Lockheed Martin Corporation (U.S.), BAE Systems (U.K.), Raytheon Company (U.S.), General Dynamics Corporation (U.S.), Boeing (U.S.), Honeywell Aerospace (U.S.), Ekso Bionics Holdings (U.S.), Bionic Power (Canada), Safran S.A. (France) and SpringActive, Inc. (U.S.).

The Global Military Exoskeleton market can be segmented as follows;-

Global Military Exoskeleton Market, By Types

  • Full Body Exoskeleton
  • Partial Body Exoskeleton

Global Military Exoskeleton Market, By Power

  • Active Exoskeleton
  • Passive Exoskeleton

Global Military Exoskeleton Market, By Geography

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • U.K.
    • Germany
    • France
    • Italy
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia Pacific
  • Middle East and Africa
    • United Arab Emirates
    • Saudi Arabia
    • South Africa
  • Latin America
    • Brazil
    • Rest of Latin America


 
 
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