Military Exoskeleton

Global Market Trajectory & Analytics

MCP13335

EXECUTIVE ENGAGEMENTS

POOL

2779
Number of executives repeatedly engaged by snail & email outreach

INTERACTIONS

502
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PARTICIPANTS

83
Unique # Participated

VALIDATIONS

24
Responses Validated*

COMPANIES

16
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DATE

JAN 2021

TABLES

90

PAGES

168

EDITION

9

PRICE

USD 4950

CODE

MCP13335


COMPETITIVE METRICS

COMPANY

D S N T

% *

BAE Systems PLC

Bionic Power Inc.

B-Temia Inc.

Dephy Inc.

HeroWear

Lockheed Martin Corporation

MAWASHI SCIENCE & TECHNOLOGY

Revision Military Ltd.

Rostec

SpringActive

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HIGHLIGHTS & REPORT INDEX

Global Military Exoskeleton Market to Reach $2.1 Billion by 2026

Exoskeleton represents a landmark wearable technology that is slated to benefit from mainstream adoption of wearable devices in the military sector. Exoskeletons are a type of man-machine interface, wherein both the human body and the machine work in tandem to reduce the strain on the user. Militaries around the world are aware of the potential of exoskeletons for soldiers and are actively investing in R&D. Infantry forces may soon go into battle wearing military exoskeletons which will help save energy and give greater strength to the humans wearing them. Made using latest composite materials and powered by emerging technologies such as sophisticated sensors, artificial intelligence and IoT, exoskeletons allow troops stay active in extreme conditions. Human Universal Load Carrier (HULC), designed by Lockheed Martin and Ekso Bionics; and XOS/XOS2, designed by Raytheon and Sarcos were among the first military exoskeletons for augmentation of the whole body, and were presented for review around 2010. Both the exoskeletons featured multiple actuators to augment the bodies of soldiers but faced the hurdle of a viable power source. Despite the initial challenges, exoskeleton development for military applications continues unabated, owing to the huge benefits an exoskeleton can provide to a combat soldier, who carry huge loads, which causes fatigue. In addition, military sourcing organizations such as DARPA continue to actively fund the development of exoskeletons for military applications, as the benefits could be substantial.

Amid the COVID-19 crisis, the global market for Military Exoskeleton estimated at US$1.1 Billion in the year 2020, is projected to reach a revised size of US$2.1 Billion by 2026, growing at a CAGR of 11.7% over the analysis period. Partial-Body, one of the segments analyzed in the report, is projected to grow at a 12.1% CAGR to reach US$1.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Full-Body segment is readjusted to a revised 11.1% CAGR for the next 7-year period. This segment currently accounts for a 35.1% share of the global Military Exoskeleton market.

Global Military Exoskeleton Market to Reach $2.1 Billion by 2026

Exoskeleton represents a landmark wearable technology that is slated to benefit from mainstream adoption of wearable devices in the military sector. Exoskeletons are a type of man-machine interface, wherein both the human body and the machine work in tandem to reduce the strain on the user. Militaries around the world are aware of the potential of exoskeletons for soldiers and are actively investing in R&D. Infantry forces may soon go into battle wearing military exoskeletons which will help save energy and give greater strength to the humans wearing them. Made using latest composite materials and powered by emerging technologies such as sophisticated sensors, artificial intelligence and IoT, exoskeletons allow troops stay active in extreme conditions. Human Universal Load Carrier (HULC), designed by Lockheed Martin and Ekso Bionics; and XOS/XOS2, designed by Raytheon and Sarcos were among the first military exoskeletons for augmentation of the whole body, and were presented for review around 2010. Both the exoskeletons featured multiple actuators to augment the bodies of soldiers but faced the hurdle of a viable power source. Despite the initial challenges, exoskeleton development for military applications continues unabated, owing to the huge benefits an exoskeleton can provide to a combat soldier, who carry huge loads, which causes fatigue. In addition, military sourcing organizations such as DARPA continue to actively fund the development of exoskeletons for military applications, as the benefits could be substantial.

Amid the COVID-19 crisis, the global market for Military Exoskeleton estimated at US$1.1 Billion in the year 2020, is projected to reach a revised size of US$2.1 Billion by 2026, growing at a CAGR of 11.7% over the analysis period. Partial-Body, one of the segments analyzed in the report, is projected to grow at a 12.1% CAGR to reach US$1.6 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Full-Body segment is readjusted to a revised 11.1% CAGR for the next 7-year period. This segment currently accounts for a 35.1% share of the global Military Exoskeleton market.

SELECT PLAYERS

Bionic Power Inc.; Dephy Inc.; Ekso Bionics Holdings Inc.; Lockheed Martin Corporation; Raytheon Company; Revision Military LTD; Rostec; Safran S.A.; Sarcos Corporation; SpringActive; SRI International

SEGMENTS

» Type (Partial-Body, Full-Body) » Power (Passive, Active)

GEOGRAPHIES

» World » USA » Canada » Japan » China » Europe » France » Germany » Italy » UK » Rest of Europe » Asia-Pacific » Rest of World

TABLE OF CONTENTS

1. MARKET OVERVIEW
The COVID-19 Pandemic Comes Down Hard On Defense & Military Spending
Year 2020 to Go Down Into History as the Year of Disruption
Table: COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021
Rising Fiscal Deficits Puts Defense Spending On the Chopping Block
Table: COVID-19 has Shown How the World has Invested in the Wrong Fight. Now is the Time for a World Which Prioritized Defense Over Health & Environment to Wake Up: Global Defense, Health & Energy R&D as a % of GDP
Table: Dual Public Health & Economic Crisis to Send Defense Spending Plummeting After Recording a 10-Year High in 2019: Global Defense Spending (In US$ Billion) for Years 2016, 2017, 2018, 2019, 2020 & 2023
Pandemic’s Impact on Defense Budgets in Select Countries
Disruptions in Military Training Inflicts a Direct & Lethal Blow on the Exoskeleton Market
Table: Infection Spread Disrupts Military Personnel Training & Troop Deployment: Cumulative Number of COVID-19 Cases Across the Defense Department in the U.S. in May, June, September & November 2020
Military Exoskeleton: Scope, Definition & Types
Recent Market Activity
Innovations
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
Military Wearable Technology Hits Mainstream Opening New Avenues for Growth for Exoskeleton
The Evolving World of Wearables
Military Wearable Technology Hits Mainstream Opening New Avenues for Growth for Exoskeleton
Here’s How Armies Worldwide Are Looking to Better Protect Their Combat Troops
The Growing World of Human Augmentation Bodes Well for Exoskeletons Designs for Enhancing Human Performance
Technology for Human Augmentation Makes Headway Paving the Way for New Design Concepts in Exoskeletons
Table: The Growing Knowledge Base Surrounding Human Augmentation Provides a Nurturing Environment for the Evolution of Exoskeletons: Global Human Augmentation Market (In US$ Million) for Years 2020, 2023 & 2027
Focus on Advanced Military Capabilities is Already Bringing Human Augmentation Into the Spotlight
Despite the Hype About Electronic Warfare, Military Troops Still Remain the Touch Point for Defense & Battle and Protecting Them Becomes the Highest Prerogative
Table: Soldiers Still Remain the Army’s Greatest Asset & the Most Important Weapon System Underlining the Need to Protect Them & Ensure Success of Military Missions: Global Active Ready-to-Fight Military Manpower (In 000s) by Country
Integration of AI Into Exoskeleton Unfolds New & Powerful Capabilities
Table: AI’s Growing Prominence in Military Applications Boosts Opportunities for AI-Powered Exoskeletons: Global AI in Military Market (In US$ Billion) for the Years 2019, 2021, 2023, 2025 & 2027
Intelligent Textiles Play an Important Role in the Development of Exoskeleton
Table: New Generation Exoskeletons Need Smart, Intelligent & Functional Materials: Global Smart Textile Market (In US$ Billion) for Years
4. GLOBAL MARKET PERSPECTIVE
World Current & Future Analysis for Military Exoskeleton by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027
World Historic Review for Military Exoskeleton by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
World 10-Year Perspective for Military Exoskeleton by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2017, 2020 & 2027
World Current & Future Analysis for Partial-Body by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027
World Historic Review for Partial-Body by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
World 10-Year Perspective for Partial-Body by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2020 & 2027
World Current & Future Analysis for Full-Body by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027
World Historic Review for Full-Body by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
World 10-Year Perspective for Full-Body by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2020 & 2027
World Current & Future Analysis for Passive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027
World Historic Review for Passive by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
World 10-Year Perspective for Passive by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2020 & 2027
World Current & Future Analysis for Active by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027
World Historic Review for Active by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
World 10-Year Perspective for Active by Geographic Region - Percentage Breakdown of Value Revenues for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2017, 2020 & 2027
UNITED STATES
USA Current & Future Analysis for Military Exoskeleton by Type - Partial-Body and Full-Body - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
USA Historic Review for Military Exoskeleton by Type - Partial-Body and Full-Body Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
USA 10-Year Perspective for Military Exoskeleton by Type - Percentage Breakdown of Value Revenues for Partial-Body and Full-Body for the Years 2017, 2020 & 2027
USA Current & Future Analysis for Military Exoskeleton by Power - Passive and Active - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
USA Historic Review for Military Exoskeleton by Power - Passive and Active Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
USA 10-Year Perspective for Military Exoskeleton by Power - Percentage Breakdown of Value Revenues for Passive and Active for the Years 2017, 2020 & 2027
CANADA
Canada Current & Future Analysis for Military Exoskeleton by Type - Partial-Body and Full-Body - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
Canada Historic Review for Military Exoskeleton by Type - Partial-Body and Full-Body Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
Canada 10-Year Perspective for Military Exoskeleton by Type - Percentage Breakdown of Value Revenues for Partial-Body and Full-Body for the Years 2017, 2020 & 2027
Canada Current & Future Analysis for Military Exoskeleton by Power - Passive and Active - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
Canada Historic Review for Military Exoskeleton by Power - Passive and Active Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
Canada 10-Year Perspective for Military Exoskeleton by Power - Percentage Breakdown of Value Revenues for Passive and Active for the Years 2017, 2020 & 2027
JAPAN
Japan Current & Future Analysis for Military Exoskeleton by Type - Partial-Body and Full-Body - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
Japan Historic Review for Military Exoskeleton by Type - Partial-Body and Full-Body Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
Japan 10-Year Perspective for Military Exoskeleton by Type - Percentage Breakdown of Value Revenues for Partial-Body and Full-Body for the Years 2017, 2020 & 2027
Japan Current & Future Analysis for Military Exoskeleton by Power - Passive and Active - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
Japan Historic Review for Military Exoskeleton by Power - Passive and Active Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
Japan 10-Year Perspective for Military Exoskeleton by Power - Percentage Breakdown of Value Revenues for Passive and Active for the Years 2017, 2020 & 2027
CHINA
China Current & Future Analysis for Military Exoskeleton by Type - Partial-Body and Full-Body - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
China Historic Review for Military Exoskeleton by Type - Partial-Body and Full-Body Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
China 10-Year Perspective for Military Exoskeleton by Type - Percentage Breakdown of Value Revenues for Partial-Body and Full-Body for the Years 2017, 2020 & 2027
China Current & Future Analysis for Military Exoskeleton by Power - Passive and Active - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
China Historic Review for Military Exoskeleton by Power - Passive and Active Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
China 10-Year Perspective for Military Exoskeleton by Power - Percentage Breakdown of Value Revenues for Passive and Active for the Years 2017, 2020 & 2027
EUROPE
Europe Current & Future Analysis for Military Exoskeleton by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2020 through 2027
Europe Historic Review for Military Exoskeleton by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
Europe 10-Year Perspective for Military Exoskeleton by Geographic Region - Percentage Breakdown of Value Revenues for France, Germany, Italy, UK and Rest of Europe Markets for Years 2017, 2020 & 2027
Europe Current & Future Analysis for Military Exoskeleton by Type - Partial-Body and Full-Body - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
Europe Historic Review for Military Exoskeleton by Type - Partial-Body and Full-Body Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
Europe 10-Year Perspective for Military Exoskeleton by Type - Percentage Breakdown of Value Revenues for Partial-Body and Full-Body for the Years 2017, 2020 & 2027
Europe Current & Future Analysis for Military Exoskeleton by Power - Passive and Active - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
Europe Historic Review for Military Exoskeleton by Power - Passive and Active Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
Europe 10-Year Perspective for Military Exoskeleton by Power - Percentage Breakdown of Value Revenues for Passive and Active for the Years 2017, 2020 & 2027
FRANCE
France Current & Future Analysis for Military Exoskeleton by Type - Partial-Body and Full-Body - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
France Historic Review for Military Exoskeleton by Type - Partial-Body and Full-Body Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
France 10-Year Perspective for Military Exoskeleton by Type - Percentage Breakdown of Value Revenues for Partial-Body and Full-Body for the Years 2017, 2020 & 2027
France Current & Future Analysis for Military Exoskeleton by Power - Passive and Active - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
France Historic Review for Military Exoskeleton by Power - Passive and Active Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
France 10-Year Perspective for Military Exoskeleton by Power - Percentage Breakdown of Value Revenues for Passive and Active for the Years 2017, 2020 & 2027
GERMANY
Germany Current & Future Analysis for Military Exoskeleton by Type - Partial-Body and Full-Body - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
Germany Historic Review for Military Exoskeleton by Type - Partial-Body and Full-Body Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
Germany 10-Year Perspective for Military Exoskeleton by Type - Percentage Breakdown of Value Revenues for Partial-Body and Full-Body for the Years 2017, 2020 & 2027
Germany Current & Future Analysis for Military Exoskeleton by Power - Passive and Active - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
Germany Historic Review for Military Exoskeleton by Power - Passive and Active Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
Germany 10-Year Perspective for Military Exoskeleton by Power - Percentage Breakdown of Value Revenues for Passive and Active for the Years 2017, 2020 & 2027
ITALY
Italy Current & Future Analysis for Military Exoskeleton by Type - Partial-Body and Full-Body - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
Italy Historic Review for Military Exoskeleton by Type - Partial-Body and Full-Body Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
Italy 10-Year Perspective for Military Exoskeleton by Type - Percentage Breakdown of Value Revenues for Partial-Body and Full-Body for the Years 2017, 2020 & 2027
Italy Current & Future Analysis for Military Exoskeleton by Power - Passive and Active - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
Italy Historic Review for Military Exoskeleton by Power - Passive and Active Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
Italy 10-Year Perspective for Military Exoskeleton by Power - Percentage Breakdown of Value Revenues for Passive and Active for the Years 2017, 2020 & 2027
UNITED KINGDOM
UK Current & Future Analysis for Military Exoskeleton by Type - Partial-Body and Full-Body - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
UK Historic Review for Military Exoskeleton by Type - Partial-Body and Full-Body Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
UK 10-Year Perspective for Military Exoskeleton by Type - Percentage Breakdown of Value Revenues for Partial-Body and Full-Body for the Years 2017, 2020 & 2027
UK Current & Future Analysis for Military Exoskeleton by Power - Passive and Active - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
UK Historic Review for Military Exoskeleton by Power - Passive and Active Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
UK 10-Year Perspective for Military Exoskeleton by Power - Percentage Breakdown of Value Revenues for Passive and Active for the Years 2017, 2020 & 2027
REST OF EUROPE
Rest of Europe Current & Future Analysis for Military Exoskeleton by Type - Partial-Body and Full-Body - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
Rest of Europe Historic Review for Military Exoskeleton by Type - Partial-Body and Full-Body Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
Rest of Europe 10-Year Perspective for Military Exoskeleton by Type - Percentage Breakdown of Value Revenues for Partial-Body and Full-Body for the Years 2017, 2020 & 2027
Rest of Europe Current & Future Analysis for Military Exoskeleton by Power - Passive and Active - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
Rest of Europe Historic Review for Military Exoskeleton by Power - Passive and Active Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
Rest of Europe 10-Year Perspective for Military Exoskeleton by Power - Percentage Breakdown of Value Revenues for Passive and Active for the Years 2017, 2020 & 2027
ASIA-PACIFIC
Asia-Pacific Current & Future Analysis for Military Exoskeleton by Type - Partial-Body and Full-Body - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
Asia-Pacific Historic Review for Military Exoskeleton by Type - Partial-Body and Full-Body Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
Asia-Pacific 10-Year Perspective for Military Exoskeleton by Type - Percentage Breakdown of Value Revenues for Partial-Body and Full-Body for the Years 2017, 2020 & 2027
Asia-Pacific Current & Future Analysis for Military Exoskeleton by Power - Passive and Active - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
Asia-Pacific Historic Review for Military Exoskeleton by Power - Passive and Active Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
Asia-Pacific 10-Year Perspective for Military Exoskeleton by Power - Percentage Breakdown of Value Revenues for Passive and Active for the Years 2017, 2020 & 2027
REST OF WORLD
Rest of World Current & Future Analysis for Military Exoskeleton by Type - Partial-Body and Full-Body - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
Rest of World Historic Review for Military Exoskeleton by Type - Partial-Body and Full-Body Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
Rest of World 10-Year Perspective for Military Exoskeleton by Type - Percentage Breakdown of Value Revenues for Partial-Body and Full-Body for the Years 2017, 2020 & 2027
Rest of World Current & Future Analysis for Military Exoskeleton by Power - Passive and Active - Independent Analysis of Annual Revenues in US$ Thousand for the Years 2020 through 2027
Rest of World Historic Review for Military Exoskeleton by Power - Passive and Active Markets - Independent Analysis of Annual Revenues in US$ Thousand for Years 2017 through 2019
Rest of World 10-Year Perspective for Military Exoskeleton by Power - Percentage Breakdown of Value Revenues for Passive and Active for the Years 2017, 2020 & 2027
Total Companies Profiled: 16

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