Press release
Military Exoskeleton Market to Grow to $1.25 Billion at 14.3% CAGR in 2025 Driven by Advances in Materials and Engineering
Military Exoskeleton Market
Keyword Focus: Rapid growth, Military Exoskeleton Market, CAGR, Defence Spending, Enhanced Soldier Performance
What Is The Projected Market Size Of The Global Military Exoskeleton Market And Its Growth Rate?
The global military exoskeleton market has shown a steady growth in recent years and is expected to:
- Grow from $1.09 billion in 2024 to $1.25 billion in 2025 at a compound annual growth rate (CAGR) of 14.3%.
- Market growth is attributed to initial military applications, strategic shifts in warfare, military rehabilitation initiatives, advancements in materials and engineering, and a rise in defense spending.
- The expected market size by 2029 is $2.02 billion at a CAGR of 12.8%.
- Key growth factors for the forecast period include expanded military applications, advancements in materials and design, customization and adaptability, growing demand for medical rehabilitation, and global military modernization programs.
What Is Driving The Growth In The Military Exoskeleton Market?
The growth in the Military Exoskeleton Market is being driven by the rising number of terrorist activities and cross-border disputes. The use of military exoskeletons enhances the physical abilities of soldiers, including strength, agility, and endurance, ultimately improving their readiness to respond to terrorist attacks. According to The Institute for Economics and Peace, an Australia-based international think tank, terrorist attacks became more deadly in 2023, with 2.5 deaths per attack compared to 1.6 in 2022. Hence, the escalating rate of terrorist activities and border disputes is driving the growth of the military exoskeleton market.
Request A Free Sample Copy: https://www.thebusinessresearchcompany.com/sample.aspx?id=10486&type=smp
Who Are the Key Players Driving Military Exoskeleton Market Growth?
Major players in the global military exoskeleton market include:
- Lockheed Martin Corporation
- Sarcos Technology and Robotics Corporation
- Aselsan Elektronik Sanayi ve Ticaret AS
- Dephy Inc.
- Rostec State Corporation
- BAE Systems plc
- General Atomics
- Raytheon Technologies Corporation
- Ekso Bionics Holdings Inc.
- SpringActive Inc.
- Safran SA
- General Dynamics Corporation
- CYBERDYNE INC.
- Bionic Power Inc.
- B-Temia
- Boeing
- Honeywell Aerospace
- QinetiQ Group plc
- Hunter Defense Technologies Inc
- Fifth Dimension Technologies
- Endeavor Robotics
- EXHAUSS Exoskeletons
What Are The Key Trends In The Military Exoskeleton Market?
Major trends in the military exoskeleton market include:
- Enhanced soldier performance
- Medical rehabilitation and support
- Increase in R&D investments
- Miniaturization and portability
- Integration of AI and sensors
- Specialized applications
What Are The Segments Of The Global Military Exoskeleton Market?
The military exoskeleton market is segmented by:
- Type: Full-body Exoskeleton, Partial-body Exoskeleton
- Power: Active Exoskeleton, Passive Exoskeleton
- Operation: Battery-powered, Cable-powered
- Application: Physical Augmentation, Human-machine Interface, Human-computer Interface
Which Region leads the Military Exoskeleton Market?
Europe was the largest region in the military exoskeleton market in 2024. North America is expected to be the fastest-growing region during the forecast period. The regions covered in the market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
Pre-book the Report for Swift Delivery: https://www.thebusinessresearchcompany.com/report/military-exoskeleton-global-market-report
What Is Covered In The Military Exoskeleton Market Report?
- Market Size Analysis: Analyze the Military Exoskeleton Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Military Exoskeleton Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the market.
- Market Contribution: Evaluate contributions of different segments to the overall Military Exoskeleton Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Military Exoskeleton Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report: https://www.thebusinessresearchcompany.com/Customise?id=10486&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
Learn More About the Business Research Company. With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Military Exoskeleton Market to Grow to $1.25 Billion at 14.3% CAGR in 2025 Driven by Advances in Materials and Engineering here
News-ID: 3831373 • Views: …
More Releases from The Business research company
Key Trends Influencing the Growth of the Granite And Marble Countertops Market i …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Granite And Marble Countertops Market Through 2025?
In the recent past, the market for granite and marble countertops has seen significant growth. The size of the market is projected to expand from $14.54 billion in 2024 to $15.45 billion in 2025, with…
Surge In Commercial Infrastructure Demand Fueling The Growth Of The Market Due T …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Glass Panel Frameless Railing Market Size Growth Forecast: What to Expect by 2025?
The market size for frameless glass panel railings has experienced a robust expansion in the past few years. The market, which was valued at $2.32 billion in 2024, is projected to increase to $2.54 billion in…
Formwork Plywood: A Leading Driver Behind Increasing Construction Activities Fue …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Formwork Plywood Industry Market Size Be by 2025?
There has been a consistent growth in the formwork plywood market size in the past few years. The market is projected to escalate from $7.56 billion in 2024 to $7.85 billion in 2025, recording a compound annual growth…
Comprehensive Floor Underlayment And Padding Market Forecast 2025-2034: Growth T …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Floor Underlayment And Padding Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for floor underlayment and padding has seen substantial growth in recent times. The market value is projected to increase from $16.63 billion in 2024 to $17.94 billion in 2025, with…
More Releases for Exoskeleton
Exoskeleton Market Emerging Opportunities Exoskeleton Market Potential and Strat …
In recent years, the global Exoskeleton Market has witnessed a dynamic shift, influenced by changing consumer preferences, technological advancements, and a growing emphasis on sustainability. The Research report on Exoskeleton Market presents a complete judgment of the market through strategic insights on future trends, growth factors, supplier landscape, demand landscape, Y-o-Y growth rate, CAGR, pricing analysis. It also provides and a lot of business matrices including Porters Five Forces Analysis,…
Military Exoskeleton Market Projected to Show Strong Growth Global Military Exos …
Advance Market Analytics published a new research publication on "Military Exoskeleton Market Insights, to 2028" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Military Exoskeleton market was mainly driven by the increasing R&D spending across the world.
Get Free Exclusive PDF Sample Copy of…
Exoskeleton Robotic System Market Forecast to 2028 - COVID-19 Impact and Global …
Lower Body Exoskeleton Segment to Lead Exoskeleton Robotic System Market Growth
For sample pages and special offers, please visit https://www.thinkingcapsrc.com/reports/1601/exoskeleton-robotic-system
According to our latest study on ""Exoskeleton Robotic System Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type, Application, and Geography,"" the market was valued at US$ 1,001.14 million in 2021 and is likely to reach US$ 4,224.63 million by 2028; it is estimated to grow at a…
Exoskeleton Robotic System Market Forecast to 2028 - COVID-19 Impact and Global …
Lower Body Exoskeleton Segment to Lead Exoskeleton Robotic System Market Growth
For sample pages and discount https://www.thinkingcapsrc.com/reports/2088/exoskeleton-robotic-system
According to our latest study on ""Exoskeleton Robotic System Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type, Application, and Geography,"" the market was valued at US$ 1,001.14 million in 2021 and is likely to reach US$ 4,224.63 million by 2028; it is estimated to grow at a CAGR of 23.0%…
Medical Exoskeleton Market Size to Hit $5.80 Billion by 2028 | Medical Exoskelet …
According to our experience research team, Medical Exoskeleton Market was valued at USD 0.21 Billion in 2021, and the global Medical Exoskeleton industry is projected to reach a value of USD 5.80 Billion by 2028, at a CAGR of 44.8% during the forecast period 2022-2028
The report is focused on gaining various Medical Exoskeleton market trends, dynamics, growth drivers, opportunities, weaknesses, strengths, and threats restraining the market growth. Further, the global…
Exoskeleton against back pain
By combining medicine and modern robotics, the startup Japet Medical developed a novel exoskeleton. For companies, its use can mean a significant reduction in work absences and accidents. Now, with the support of Startup Campus Germany, the French company has won its first German customers, Hof University of Applied Sciences and MeisterWerke Schulte GmbH.
Lower back pain, muscular and skeletal diseases are the main cause of absenteeism and occupational diseases. For…
