The global powered exoskeleton market is anticipated to grow at a exponential CAGR of 42.6% during the forecast period. A powered exoskeleton is a wearable high-tech robotic device used for limb movement with increased strength and endurance. The rapid development of science and technology especially in the field of healthcare has paved a way for the mitigation of neural, and physical disorders by Powered Exoskeleton. Powered Exoskeleton is a capital-intensive market. The powered Exoskeleton is powered by high-cost equipment and devices such as Electric Motors, hydraulics, pneumatics and so on which increases the cost of the Exoskeleton. Heavyweight and height and strict government regulation are the depriving factors for this market. The need for a continuous fuel source is a limitation for the product and the market. Development of low-cost and lightweight devices and adoption of this technology in space, healthcare, shipping industries, and government investment might be a huge opportunity for the powered exoskeleton market.
Get Free Sample link @ https://www.omrglobal.com/request-sample/powered-exoskeleton-market
COVID-19 impacted negatively on the growth of powered exoskeleton market due to complete shutdown across the globe. Due to strict government rules and regulations to control the spread of virus all the distribution channels and production units were closed which impacted negatively on the growth of powered exoskeleton market globally.
full report of Powered Exoskeleton Market available @ https://www.omrglobal.com/industry-reports/powered-exoskeleton-market
- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global Powered Exoskeleton Market by Mobility
- Stationary
- Mobile
Global Powered Exoskeleton Market by Type
- Full Body
- Upper Body
- Lower Body
Global Powered Exoskeleton Market by Application
- Industrial
- Military
- Healthcare
- Others (Space, Shipment)
Regional Analysis
- North America
- US
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
- Rest of the World
Company Profile
- Bionic Power Inc.
- Cyberdyne Inc.
- Daewoo
- Ekso Bionics
- FANUC CORP.
- HONDA
- Lockheed Martin Corp.
- Myomo, Inc.
- Noonee
- PARKER HANNIFIN CORP.
- Reha Technology AG
- Rex Bionics Ltd.
- ROBOTDALEN
- TOYOTA
The Report Covers
- Market value data analysis of 2021 and forecast to 2028.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global powered exoskeleton market. Based on the availability of data, information related to new application launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/powered-exoskeleton-market
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 780-304-0404
