Global Exoskeleton Market will perform in Upcoming years? Which Business Tactics will help this Market to get a Boost? Study Trends, Opportunities, Key-Players and Forecasts
The Global Exoskeleton Market was valued at USD 110.21 million in 2016 and is projected to reach USD 3118.85 million by 2025, growing at a CAGR of 44.98% from 2017 to 2025.
(EMAILWIRE.COM, March 29, 2018 ) Exoskeletons are wearable devices that work in tandem with the user. Exoskeletons are placed on the user body and act as amplifiers that augment, reinforce or restore human performance. Exoskeletons can be beneficial for many sectors including medical, defense, manufacturing industries, etc.
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The major players in the market are as follows:
Exhauss, Fourier Intelligence, Daiya Industry Co., Mitsubishi Heavy Industries, Parker Hannifin, Gobio Robot, Wandercraft, Hyundai Motor, Suitx, Gogoa Mobility Solutions, Atoun, Honda Motor, Rex Bionics, Myomo, P&S Mechanics
The Exoskeleton market is mainly driven by the factors such as the growing demand from the healthcare sector for robotic rehabilitation, advancements in robotic technologies, and huge investments for the development of exoskeleton technology. For this study, the base year considered is 2016, and the forecast period is between 2017 and 2025.
Market Dynamics:
1. Market Drivers
1.1 Growing investment for the development of the exoskeleton technology
1.2 Technological advancement in robotic systems
1.3 Rising adoption of human augmentation in industrial and military sectors
1.4 Growing adoption of human augmentation in industrial and military sectors
1.5 Growing adoption of the technology by insurance companies in their plans
2. Market Restraints
2.1 Costly equipments
2.2 Strict government regulations pertaining to medical applications
Market Segmentation:
The Global Exoskeleton Market is segmented on the basis of type, component, body part, mobility, vertical, and region. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology:
Research study on the Global Exoskeleton Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
Download Sample PDF@ https://bit.ly/2pKca3V
About Us:
Key Market Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and smaller, more expert concerns.
Contact Us:
sales@kminsights.com
+1 (888) 278-7681
Download Sample PDF@ https://bit.ly/2pKca3V
The major players in the market are as follows:
Exhauss, Fourier Intelligence, Daiya Industry Co., Mitsubishi Heavy Industries, Parker Hannifin, Gobio Robot, Wandercraft, Hyundai Motor, Suitx, Gogoa Mobility Solutions, Atoun, Honda Motor, Rex Bionics, Myomo, P&S Mechanics
The Exoskeleton market is mainly driven by the factors such as the growing demand from the healthcare sector for robotic rehabilitation, advancements in robotic technologies, and huge investments for the development of exoskeleton technology. For this study, the base year considered is 2016, and the forecast period is between 2017 and 2025.
Market Dynamics:
1. Market Drivers
1.1 Growing investment for the development of the exoskeleton technology
1.2 Technological advancement in robotic systems
1.3 Rising adoption of human augmentation in industrial and military sectors
1.4 Growing adoption of human augmentation in industrial and military sectors
1.5 Growing adoption of the technology by insurance companies in their plans
2. Market Restraints
2.1 Costly equipments
2.2 Strict government regulations pertaining to medical applications
Market Segmentation:
The Global Exoskeleton Market is segmented on the basis of type, component, body part, mobility, vertical, and region. These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.
Research Methodology:
Research study on the Global Exoskeleton Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.
Download Sample PDF@ https://bit.ly/2pKca3V
About Us:
Key Market Insights is a stand-alone organization with a solid history of advancing and exchanging market research reports and logical surveys delivered by our numerous transnational accomplices, which incorporate both huge multinationals and smaller, more expert concerns.
Contact Us:
sales@kminsights.com
+1 (888) 278-7681
Contact Information:
Key Market Insights
sambit kumar
Tel: 8007533694
Email us
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Key Market Insights
sambit kumar
Tel: 8007533694
Email us
----
This press release is posted on EmailWire.com -- a global newswire that provides Press Release Distribution Services with Guaranteed Results