Press release
Exoskeleton Market Global Forecasts by Key Players: ReWalk Robotics, Ekso Bionic, Lockheed martin, cyberdyne systems, Panasonic, Virginia Tech
Market Overview: -In the first quarter of 2017, exoskeleton market witnessed one of the most potentially lucrative deals, with Parker Hannifin Corporation, a key manufacturer of motion & control technologies, introducing a therapy software suite for its Indego exoskeleton across Europe. The new suite has made Indego a unique exoskeleton for non-trajectory based gait training & treatment.
Furthermore, Lockheed Martin, a U.S. based aerospace, defense, and security firm, has also launched a computer-regulated exoskeleton device referred as FORTIS Knee Stress Release gear that helps soldiers counter stress on their legs & lower backs. It also improves their load carrying capacity and movement, preventing injuries and exhaustion. The advent of consecutive innovations will encourage other business players to follow suit, thereby contributing toward augmenting the overall exoskeleton industry size.
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Top Key Players: -
Exoskeleton market share is consolidated with the presence of few players including, ReWalk, Ekso Bionic, REX Bionic, Lockheed martin, Virginia Tech, Cyberdyne and Panasonic.
Regional Segmentations: -
Exoskeletons are rapidly gaining momentum across myriad geographies. The huge presence of exosuit manufacturers and escalated product demand across military & healthcare sectors are anticipated to stimulate North America exoskeleton industry outlook. This regional market, as per estimates, is expected to record a CAGR of over 48% during 2017 to 2024, with U.S. being one of the key contributors.
Major companies include in Exoskeleton Market in terms of Business Overview, Financial Data, Product Landscape, Strategic Outlook, Strategic Outlook, SWOT Analysis:
1. 20 Knots Plus
2. Activelink
3. Bionik Laboratories Corp.
4. Cyberdyne Inc.
5. Ekso Bionics
6. Gogoa
7. Hocoma
8. Honda
9. Hyundai Motor UK
10. Lockheed Martin Corporation
11. Noonee
12. Parker Hannifin
13. Revision Military
14. ReWalk Robotics
15. REX Bionics
16. Sarcos
17. SRI International
18. Technaid S.L.
19. US Bionics
20. Wandercraft
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Mounting awareness about the beneficial use of industrial robotics in manufacturing activities and the rise in the production of wearable robots across the defense sector are predicted to be the key factors driving APAC exoskeleton industry, with China and South Korea forecast to be the major revenue pockets.
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Global Market Insights, Inc.
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