Global Military Exoskeleton Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Product;

Full Body Exoskeleton and Partial Body Exoskeleton.

By Power;

Active Exoskeleton and Passive Exoskeleton.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn580310096 Published Date: May, 2024 Updated Date: June, 2024


Global Military Exoskeleton Market (USD Million), 2020 - 2030

In the year 2023, the Global Military Exoskeleton Market was valued at USD 1,436.88 million. The size of this market is expected to increase to USD 3,021.02 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 11.2%.

The Global Military Exoskeleton Market represents a pioneering domain within the defense industry, characterized by the integration of advanced robotics and wearable technologies to enhance the capabilities of military personnel. Exoskeletons, once relegated to the realm of science fiction, have emerged as tangible assets in modern warfare, offering soldiers enhanced strength, endurance, and protection on the battlefield. These cutting-edge exoskeletal systems augment human performance by providing assistance with lifting heavy loads, mitigating fatigue, and improving mobility in challenging environments, thereby revolutionizing the way military operations are conducted.

Military exoskeletons have garnered significant attention from defense establishments worldwide, driven by the imperative to equip soldiers with state-of-the-art technologies to address evolving security threats and operational challenges. The integration of exoskeletal systems into military doctrine reflects a paradigm shift towards enhancing soldier survivability, lethality, and operational effectiveness in diverse mission scenarios. As defense agencies seek to modernize their forces and adapt to the complexities of modern warfare, the Global Military Exoskeleton Market emerges as a critical frontier for innovation, investment, and technological advancement.

Key market players in the Global Military Exoskeleton Market include defense contractors, technology firms, and research institutions, collaborating to develop next-generation exoskeletal solutions tailored to military requirements. These companies leverage expertise in robotics, materials science, biomechanics, and human-machine interaction to design exoskeletons that meet the stringent demands of military operations. As exoskeleton technology continues to evolve and mature, fueled by advancements in materials, sensors, and power systems, the market holds immense potential to transform the capabilities of soldiers on the battlefield and shape the future landscape of military operations.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Product
    2. Market Snapshot, By Power
    3. Market Snapshot, By Region
  4. Global Military Exoskeleton Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Enhanced Soldier Performance
        2. Reduced Physical Strain and Fatigue
        3. Increased Situational Awareness
        4. Rapid Technological Advancements
      2. Restraints
        1. High Development Costs
        2. Complexity of Integration
        3. Regulatory Hurdles
        4. Limited Power and Energy Resources
      3. Opportunities
        1. Expanding Military Modernization Programs
        2. Emerging Applications in Special Operations
        3. Collaboration with Research Institutions
        4. Commercialization for Civilian Applications
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Military Exoskeleton Market, By Product, 2022 - 2032 (USD Million)
      1. Full Body Exoskeleton
      2. Partial Body Exoskeleton
    2. Global Military Exoskeleton Market, By Power, 2022 - 2032 (USD Million)
      1. Active Exoskeleton
      2. Passive Exoskeleton
    3. Global Military Exoskeleton Market , By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin Americe
  6. Competitive Landscape
    1. Company Profiles
      1. Lockheed Martin Corporation
      2. Sarcos Corp
      3. Rostec
      4. Safran SA
      5. BAE Systems PLC
      6. Dephy Inc
      7. Ekso Bionics Holdings Inc
  7. Analyst Views
  8. Future Outlook of the Market