Military Exoskeleton Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025
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.
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.
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<strong>Military</strong> <strong>Exoskeleton</strong> <strong>Market</strong> - <strong>Global</strong> <strong>Industry</strong><br />
<strong>Analysis</strong>, <strong>Size</strong>, <strong>Share</strong>, <strong>Growth</strong>, <strong>Trends</strong> <strong>and</strong><br />
<strong>Forecast</strong> <strong>2017</strong> - <strong>2025</strong><br />
<strong>Global</strong> <strong>Military</strong> <strong>Exoskeleton</strong> <strong>Market</strong>: Overview<br />
<strong>Military</strong> exoskeleton is robotic-like suit which provides powered assist <strong>and</strong> increase<br />
the strength of the soldiers during combat. There are several factors driving the<br />
dem<strong>and</strong> for these exoskeletons globally. The increasing concern for security <strong>and</strong><br />
safety from growing criminal activities <strong>and</strong> cross border terrorism has resulted into<br />
the need for soldier safety during warfare. A military exoskeleton suite empowers<br />
the soldier to lift heavy weights, run at faster speeds <strong>and</strong> defend themselves from<br />
enemy attacks. Moreover, the changing concept of warfare has led to the<br />
development of biological weapons which are more harmful to the body. These can<br />
also prevent direct contact of the soldier from harmful gases. These factors are<br />
aiding to the dem<strong>and</strong> for exoskeleton suits globally. Furthermore, the need for quick<br />
coordination during warfare has led to the need for advanced communication<br />
systems which cannot be tracked by the enemy. Hence, the soldier suits need to be<br />
integrated with these electronics which include range finders, optronics, radios <strong>and</strong><br />
navigation systems to name a few.<br />
View Report @ http://www.transparencymarketresearch.com/militaryexoskeleton-market.html<br />
<strong>Global</strong> <strong>Military</strong> <strong>Exoskeleton</strong> <strong>Market</strong>: Drivers <strong>and</strong> <strong>Trends</strong><br />
However, the integration of these electronics increases the overall weight of the<br />
suits <strong>and</strong> makes it difficult for the soldiers to move swiftly. The development of<br />
lightweight exoskeletons will reduce the weight considerable <strong>and</strong> give added<br />
advantages to the soldiers by enhancing their mobility. These factors are expected<br />
to drive the dem<strong>and</strong> for military exoskeletons considerably during the forecast<br />
period. However, a primary reason restraining the growth of the market is the price<br />
involved in procuring the exoskeletons. One exoskeleton suit can cost up to USD<br />
150,000. Furthermore, the defense agencies need to place order in large quantities<br />
which can further increase the cost of procurement.<br />
<strong>Global</strong> <strong>Military</strong> <strong>Exoskeleton</strong> <strong>Market</strong>: Segmentation<br />
The global military exoskeleton market has been segmented by types, power <strong>and</strong><br />
geography. By types, the market has been segregated into full body exoskeleton<br />
<strong>and</strong> partial body exoskeleton systems. The partial body exoskeletons are expected<br />
to dominate the military exoskeleton market globally. Furthermore, the market has
een bifurcated by power into active exoskeletons <strong>and</strong> passive exoskeletons.<br />
Currently, the active exoskeleton systems are witnessing higher dem<strong>and</strong> in the<br />
market due to need for providing the soldiers increased strength <strong>and</strong> stamina in the<br />
battlefield. By geography, the global market has been segmented into five<br />
important regions consisting of North America, Europe, Asia Pacific, Middle East &<br />
Africa (MEA) <strong>and</strong> Latin America. North America <strong>and</strong> Europe has been analyzed to<br />
lead the global military exoskeleton market during the forecast period.<br />
The global report of military exoskeleton systems also includes the key trends<br />
expected to affect the dem<strong>and</strong> <strong>and</strong> supply of the exoskeletons in future. Moreover,<br />
the market attractiveness of the various types of exoskeletons have been included<br />
in order underst<strong>and</strong> the future opportunities of these segments. The global market<br />
of military exoskeletons has been tracked in terms of revenue from <strong>2017</strong> to <strong>2025</strong><br />
where in 2016 has been considered as the base year of the study.<br />
Key Players Mentioned in the Report are:<br />
The global market of military exoskeleton is witnessing intense competition from the<br />
leading players operating in the market. These players also undergo mergers <strong>and</strong><br />
acquisition in order to sustain in the competitive environment. Furthermore, some of<br />
the players also follow a strategy of working in collaboration with others in order to<br />
create innovative products. The report also includes a detailed company profile of<br />
the major players which includes the company overview, product segments, <strong>and</strong><br />
financial performance over the last three years, SWOT analysis <strong>and</strong> the business<br />
strategies adopted by them. The key players profiled in this report include Lockheed<br />
Martin Corporation (U.S.), BAE Systems (U.K.), Raytheon Company (U.S.), General<br />
Dynamics Corporation (U.S.), Boeing (U.S.), Honeywell Aerospace (U.S.), Ekso<br />
Bionics Holdings (U.S.), Bionic Power (Canada), Safran S.A. (France) <strong>and</strong><br />
SpringActive, Inc. (U.S.).<br />
Get accurate market forecast <strong>and</strong> analysis on the <strong>Military</strong> <strong>Exoskeleton</strong><br />
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The <strong>Global</strong> <strong>Military</strong> <strong>Exoskeleton</strong> market can be segmented as follows;-<br />
<strong>Global</strong> <strong>Military</strong> <strong>Exoskeleton</strong> <strong>Market</strong>, By Types<br />
Full Body <strong>Exoskeleton</strong><br />
Partial Body <strong>Exoskeleton</strong><br />
<strong>Global</strong> <strong>Military</strong> <strong>Exoskeleton</strong> <strong>Market</strong>, By Power<br />
Active <strong>Exoskeleton</strong><br />
Passive <strong>Exoskeleton</strong>
<strong>Global</strong> <strong>Military</strong> <strong>Exoskeleton</strong> <strong>Market</strong>, By Geography<br />
North America<br />
U.S.<br />
Canada<br />
Mexico<br />
Europe<br />
U.K.<br />
Germany<br />
France<br />
Italy<br />
Rest of Europe<br />
Asia-Pacific<br />
China<br />
Japan<br />
India<br />
South Korea<br />
Rest of Asia Pacific<br />
Middle East <strong>and</strong> Africa<br />
United Arab Emirates<br />
Saudi Arabia<br />
South Africa<br />
Latin America<br />
Brazil<br />
Rest of Latin America<br />
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