Smart Exoskeleton Market to Grow at a CAGR of 41.3% during 2015-2025

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The global Smart Exoskeleton Market was valued at $125.6 million in 2017, and is projected to reach $1,896.8 million by 2025, registering a CAGR of 41.3% from 2018 to 2025.

A smart exoskeleton is a powered system comprising sensors and actuators that use feedback from the wearer to provide enhanced assistance to specific body parts or the entire body while lowering energy expenditure.

Smart exoskeletons are constructed using rigid materials (metals or carbon fiber) and flexible materials. Moreover, these systems makes use of algorithm to device assistance strategy for the wearer.

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They are extensively deployed for clinical purposes to provide effective exercise and therapy for patients. They find their major application in industries where workers are required to perform physically demanding tasks. In addition, these systems are being developed to aid in military body parts by improving physical capabilities of soldiers.

The global smart exoskeleton market was valued at $125.6 million in 2017, and is projected to reach $1,896.8 million by 2025, registering a CAGR of 41.3% from 2018 to 2025.

A smart exoskeleton is a powered system comprising sensors and actuators that use feedback from the wearer to provide enhanced assistance to specific body parts or the entire body while lowering energy expenditure.

Smart exoskeletons are constructed using rigid materials (metals or carbon fiber) and flexible materials. Moreover, these systems makes use of algorithm to device assistance strategy for the wearer.

Get the puchase discount for this report @ https://www.bigmarketresearch.com/request-for-discount/2954209?utm_source=HTN&utm_medium=sk

Key Benefits for Smart Exoskeleton Market:

  • This study comprises an analytical depiction of the global smart exoskeleton market along with the current trends and future estimations to depict the imminent investment pockets.
  • The overall market potential is determined to understand the profitable trends to gain a strong foothold in the market.
  • The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  • The current market is quantitatively analyzed from 2017 to 2025 to highlight the financial competency of the market.
  • Porter’s five forces analysis illustrates the potency of the buyers and suppliers.

Smart Exoskeleton Key Market Segments:

By Component

  • Sensors
  • Actuators
  • Power Source
  • Control System
  • Others

By Type

  • Soft Exoskeleton
  • Rigid Exoskeleton

BY REGION

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • UK
    • Germany
    • France
    • Russia
    • Rest of Europe
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Rest of Asia-Pacific
  • LAMEA
    • Latin America
    • Middle East
    • Africa

KEY MARKET PLAYERS PROFILED

  • ATOUN Inc.
  • BIONIK
  • CYBERDYNE, INC.
  • Ekso Bionics
  • Honda Motor Co. Ltd.
  • ReWalk Robotics
  • Rex Bionics Ltd.
  • Sarcos Corp.
  • Technaid. S.L.
  • US Bionics, Inc.

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