Press release
Segmentation, Major Trends, and Competitive Overview of the Smart Exoskeleton Market
Smart Exoskeleton
Forecasted Market Size and Growth Trajectory of the Smart Exoskeleton Market
By 2029, the smart exoskeleton market is projected to reach a valuation of $7.04 billion, expanding at a robust compound annual growth rate (CAGR) of 13.9%. This growth is fueled by increasing adoption of wearable robotic technologies, heightened emphasis on improving worker safety and productivity, broader use of exoskeletons in rehabilitation therapies, and growing applications in military and logistics sectors. Additionally, rising awareness of ergonomic solutions for the workforce supports this market's upward trajectory. Technological trends anticipated to influence this expansion include advancements in sensor technology, AI-driven control systems, development of lightweight and flexible materials, adaptive motion research, and the emergence of cloud-connected exoskeleton platforms.
Download a free sample of the smart exoskeleton market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=30395&type=smp
Top Companies Leading the Smart Exoskeleton Market Landscape
The smart exoskeleton sector includes several prominent companies shaping its development and market dynamics. Key players include HONDA MOTOR CO. Ltd., Hyundai Motor Company, Lockheed Martin Corporation, Parker Hannifin Corporation, Ottobock SE & Co. KGaA, Stellantis N.V., Fourier Intelligence, CYBERDYNE INC., Hocoma AG, GERMAN BIONIC SYSTEMS GMBH, Ekso Bionics Holdings Inc., ReWalk Robotics, ExoAtlet, Rex Bionics Ltd., Bionik Laboratories Corp., SuitX, B-Temia Inc., Gogoa Mobility Robots, Technaid Inc., Bioservo Technologies AB, and DIH Medical.
A notable market development occurred in June 2025 when Bioness Inc., a US-based tech company, acquired the assets and business of Harmonic Bionics. This strategic purchase aims to broaden Bioness Medical's neuro-rehabilitation product range by incorporating advanced upper extremity robotic exoskeletons designed for patients recovering from neurological injuries such as stroke and traumatic brain injury. Harmonic Bionics, also based in the US, is known for its flagship smart exoskeleton product.
Driving Trends Accelerating Smart Exoskeleton Market Expansion
Innovation is a key focus area for smart exoskeleton companies, with many concentrating on customizable solutions to enhance user experience and functionality. These customizable exoskeletons are robotic wearable systems tailored to an individual's body measurements, physical requirements, and functional goals. They are increasingly utilized in rehabilitation, mobility support, and performance enhancement across medical, industrial, and military sectors.
For example, in April 2025, Lifeward Ltd., an Israeli medical technology firm, launched the ReWalk 7 Personal Exoskeleton across the country. This seventh-generation device offers cloud connectivity and adjustable walking speeds, providing a personalized and practical mobility aid for individuals with spinal cord injuries. Developed in collaboration with clinicians and patients, it incorporates cutting-edge technology to improve safety, comfort, and walking ability, ultimately empowering users to navigate everyday life more confidently and independently.
View the full smart exoskeleton market report:
https://www.thebusinessresearchcompany.com/report/global-smart-exoskeleton-market-report
How the Smart Exoskeleton Market Is Categorized
The smart exoskeleton market is divided into several segments for a comprehensive understanding:
1) By Component: Hardware, Software, and Services
2) By Type: Rigid Smart Exoskeleton, Soft Smart Exoskeleton, Ultra Soft Smart Exoskeleton
3) By Body Part: Upper Body, Lower Body, Full Body
4) By End User: Industrial, Healthcare, Military, and Other End Users
Further detailed segmentation includes:
- Hardware components such as Sensors, Actuators, Power Sources, Control Systems, Frames and Structures, Controllers and Processors, and Communication Modules
- Software components covering Motion Control Software, AI and Machine Learning Algorithms, Data Analytics and Monitoring Software, User Interface and Customization Tools, and Cloud Integration Platforms
- Service components like Training and Support Services, Maintenance and Repair, System Integration, Consulting and Customization, and After-Sales Upgrades
This detailed segmentation reflects the diverse and evolving nature of the market, highlighting its potential to meet a wide range of application needs across multiple industries.
With over 17500+ 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.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 310-496-7795
Europe +44 7882 955267
Asia & Others +44 7882 955267 & +91 8897263534
Email us at info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at 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
With over 17500+ 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 Segmentation, Major Trends, and Competitive Overview of the Smart Exoskeleton Market here
News-ID: 4309242 • Views: …
More Releases from The Business Research Company
Competitive Landscape: Leading Companies and New Entrants in the Semiconductor S …
The semiconductor silicon materials market is poised for significant expansion over the coming years, driven by technological advancements and increasing demand in various sectors. As industries continue to innovate, the role of high-quality silicon materials becomes ever more critical, supporting everything from consumer electronics to renewable energy solutions. Here's a detailed look at the market's size, major players, trends, and segmentation.
Projected Market Size of the Semiconductor Silicon Materials Market by…
Future Perspectives: Key Trends Shaping the Secondary Antibodies Market Up to 20 …
The secondary antibodies market is rapidly evolving, driven by expanding research and diagnostic needs across biotechnology and pharmaceutical sectors. With growing investments and technological advancements, the industry is set to experience significant growth in the coming years. Below, we explore the market's size, leading players, major trends, and segment-wise outlook to provide a comprehensive understanding of this dynamic field.
Projected Expansion of the Secondary Antibodies Market by 2029
The secondary antibodies market…
Market Segmentation, Major Trends, and Competitive Analysis of the Robotic Weldi …
The robotic welding cell market for exhaust fabrication is positioned for remarkable expansion in the coming years, driven by technological advancements and increasing industrial demands. This analysis delves into the market's size projections, key players, emerging trends, and segmentation to provide a thorough overview of the sector's current state and future trajectory.
Projected Market Size and Growth Insights for Robotic Welding Cell for Exhaust Fabrication
The global market for robotic welding cells…
Competitive Landscape: Leading Companies and New Entrants in the Ribonucleic Aci …
The RNA interference (RNAi) technology market is on the brink of substantial growth, driven by increasing advancements and expanding applications in healthcare and biotechnology. As the industry evolves, various factors are shaping its trajectory, from rising investments to innovative delivery methods. Let's explore the current market size, influential players, emerging trends, and key segments that define this promising field.
Projected Market Value Growth in RNAi Technology
The RNAi technology market is expected…
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…
