openPR Logo
Press release

Military Exoskeleton Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

11-08-2017 08:30 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Transparency Market Research

/ PR Agency: Transparency Market Research
Military Exoskeleton Market - Global Industry Analysis, Size,

A report by Transparency Market Research predicts the global military exoskeleton market to register a robust 14.4% CAGR during the period between 2017 and 2025. Rising at this rate, the market will likely attain a value of US$3,042.4 mn by 2025-end from US$924.5 mn in 2016.

Depending upon the type, the global military exoskeleton market can be segmented into full body exoskeleton and partial body exoskeleton. Of the two, the partial body skeleton segment is slated to lead the market with maximum share in the next couple of years. The rising number of applications of these exoskeletons is expected to help the segment rake in a revenue of about US$1,977.0 mn by 2025-end.

Geographically, the key segments of the global military exoskeleton market are North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. North America, among them, is a leading market whose value stood at US$290.8 mn in 2016. The market in the region is being mainly driven by the U.S. and Canada – two nations that have been pouring in money for developing lightweight exoskeletons for the soldiers. The political uncertainty and the deep involvement of the U.S. soldiers in the Middle East is mainly stoking demand for upgraded military wearable and exoskeletons in North America.

Majorly fuelling the global military exoskeleton market is the rising threats to security, fragile political situations, and spike in in geo-political conflicts in different parts of the world. The exoskeleton are designed primarily for combat and they are supposed to provide the soldiers extra strength and protection in a battlefield. They also help to carry heavy loads during difficult missions such as counter-insurgency operations or rescue operations. All such unique perceived benefits are boosting their demand.

Request to view Sample Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=24626

In addition, the changing warfare methods, such as the emergence of biological weapons has also been helping the market for military exoskeleton as they protect soldiers from harmful gases by preventing direct contact. “The rising requirement for sophisticated communication systems for well-planned attacks will also likely underpin the growth momentum of the market. At present, companies are attempting to integrate electronics in these suits for developing suits that fit the need for modern-day warfare. Further, development of lightweight exoskeletons is predicted to improve mobility of soldiers, thereby leading to more uptake,” explains the lead analyst of the TMR report.

One factor posing a roadblock to the global exoskeleton market is the steep cost of manufacturing which also drives up their market price. This makes it very expensive to procure it for the masses.

Request Brochure of the Report: https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=24626

The global military exoskeleton market is fragmented in nature. A noticeable trend in the market is the focus on research and development by many players to come up with improved industrial and military exoskeletons. In the foreseeable future, the players are expected to resort to mergers to tap into new markets and enhance their product portfolio. This in turn will help them tap into newer markets and acquire a much larger customer base. All such activities by keen companies operating in the global military exoskeleton market will likely intensify competition in the near future.

Some of the prominent participants in the global market are Raytheon Company, Lockheed Martin Corporation, and General Dynamics Corporation

Global Military Exoskeleton Market Report is available @ US$ 5795 : http://www.transparencymarketresearch.com/checkout.php?rep_id=24626<ype=S

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Contact us:

Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com/

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 - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025 here

News-ID: 806596 • Views: 110

More Releases from Transparency Market Research

Powder Coatings Market to Reach US$ 16,203.14 Mn by 2026 Need for Increased Agri …
The demand within the global powder coatings market is slated to grow by leaps and bounds in the years to follow. The need for coating several materials and products with protective layers has played a vital role in the growth of the global powder coatings market. Request Overview - https://www.transparencymarketresearch.com/powder-coatings-market.html Furthermore, advancements in organic as well as polymer chemistry have paved way for key developments within the market. Several industrial manufacturers acknowledge
Fumigation Products Market to Reach a Value of US$ 1.2 Bn by 2027-Lack of Awaren …
Fumigation Products Market: Key Highlights The global fumigation products market was valued at ~US$ 820 Mn in 2018, and is anticipated to expand at a CAGR of ~4% during the forecast period. The global fumigation products market is driven by the rise in the demand for warehouses/storage and residential applications North America accounts for a major share of the global fumigation products market, led by an increase in the demand for residential housing,
Inks Market will Generate Revenue of US$ 21.2 Bn by 2027- Technological Advancem …
Global Inks Market: Key Highlights The global inks market was valued at ~US$ 15.9 Bn in 2018, and is anticipated to expand at a CAGR of ~3% from 2019 to 2027. Rise in population and urbanization is fueling global trade, and subsequently, the use of packaging. Online trade is further increasing the need for packaging. Products are also being consumed immediately, which is driving the need for food service packaging and
Zinc-Bromine Battery Market to Reach Value US$ 23 Mn by 2027 Enhancing Storage i …
The global zinc-bromine battery market was valued at ~US$ 5 Mn in 2018, and is anticipated to expand at a CAGR of ~18% from 2019 to 2027, according to a new research report published by Transparency Market Research (TMR). Increase in the demand for zinc-bromine batteries in power distribution applications is one of the major factors driving the zinc-bromine battery market. In terms of consumption, Asia Pacific accounted for a

All 5 Releases


More Releases for America

Latin America Colour Cosmetics Market
The colour cosmetics market in Latin America managed to keep its head above water over 2011-2016. The category recorded a CAGR of 1.7% despite a decline in value occurring towards the end of the period, Chile and Argentina offsetting the impact of economic crisis in Brazil and Venezuela. Direct selling still holds strong as the core channel for colour cosmetics purchases in the region but retail infrastructure is rapidly improving
South America Aviation Market
The South American aviation market was affected adversely by the financial crisis, which had originated in the United States and the sales were impacted adversely by the same, but the market has recovered, since. Furthermore, the good performance of regional jets sold by Embraer were termed profitable by users and could certainly turn the tide as aircraft orders from other airlines continue to increase. Rising income levels in the continent
Agrochemicals Market in North America
ReportsWorldwide has announced the addition of a new report title North America: Agrochemicals: Market Intelligence (2016-2021) to its growing collection of premium market research reports. The report “North America: Agrochemicals: Market Intelligence (2016-2021)” provides market intelligence on the different market segments, based on type, active ingredient, formulation, crop, and pest. Market size and forecast (2016-2021) has been provided in terms of both, value (000 USD) and volume (000 KG) in the
Make America Great Again
Help us open our Veterans' Home We don't know them all, but we owe them all... Lake Ariel, PA: FCPCF Inc. and National Auto Raffle invites you to enter the online Charity Auto & 50/50 Raffles (www.nationalautoraffle.com) and help us raise funds to open the doors of veterans' housing facility and provide housing to the homeless Veterans and their families in need. Every 1 in 4 homeless is a Veteran and its time
Latin America Oil & Gas Potential
Produced by The CWC Group, Latin American Oil and Gas Conference takes place on 25 – 27 October 2011, Mandarin Oriental Hotel, Miami, U.S.A. Organisers confirmed that the strategic conference will feature advanced insights from important organisations in the region alongside NOC’s showcases from Brazil, Mexico, Colombia, Trinidad & Tobago, Venezuela, Uruguay and Bolivia. Content centres on the development of the Latin America’s resources, the impact of shale
Mafi Designs America
Austrian Natural Wood Floor manufacturer establishes themselves in the high end New York Lifestyle market. “Successfully building a luxury Brand in the US is very important to our world wide marketing efforts,“ proclaims a happy Philippe S. Pezet, Partner Mafi USA, Inc & Export/Marketing Manger for the manufacturing company Mafi Holzverarbeitung from Austria. The Mafi brand name is recognized by leading architects and decorators in the Big Apple as being the