EXECUTIVE ENGAGEMENTS
OUTREACH
2779
Number of executives repeatedly engaged by snail & email outreach
INTERACTIONS
502
Interactions with Platform & by Email
PARTICIPANTS
83
Unique # Participated
VALIDATIONS
37
Responses Validated*
COMPETITORS
16
Responses Validated*
BRANDS
267
Responses Validated*
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DATE
JAN 2021
TABLES
90
PAGES
168
EDITION
9
PRICE
USD $4950
HIGHLIGHTS
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$2.4 Billion by 2027, growing at a CAGR of 11.7% over the period 2020-2027.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 an early 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.
The Military Exoskeleton market in the U.S. is estimated at US$347.5 Million in the year 2020. The country currently accounts for a 31.19% share in the global market. China, the world second largest economy, is forecast to reach an estimated market size of US$301.6 Million in the year 2027 trailing a CAGR of 14.6% through 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 9.9% and 11.7% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 11.1% CAGR while Rest of European market (as defined in the study) will reach US$301.6 Million by the year 2027.We bring years of research experience to this 9th edition of our report. The 168-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
SELECT PLAYERS
Bionic Power Inc.; Dephy Inc.; Ekso Bionics Holdings Inc.; Lockheed Martin Corporation; Raytheon Company; Revision Military LTD; Rostec; Safran S.A.; Sarcos Corporation; SpringActive; SRI International
SEGMENTS
» Type (Partial-Body, Full-Body) » Power (Passive, Active)
GEOGRAPHIES
» World » USA » Canada » Japan » China » Europe » France » Germany » Italy » UK » Rest of Europe » Asia-Pacific » Rest of World
TABLE OF CONTENTS
| I. METHODOLOGY |
| II. EXECUTIVE SUMMARY |
| 1. MARKET OVERVIEW |
| The COVID-19 Pandemic Comes Down Hard On Defense & Military Spending |
| Year 2020 to Go Down Into History as the Year of Disruption |
| Table: COVID-19 Leaves the World in Shambles & Industries and Markets Upended: World Economic Growth Projections (Real GDP, Annual % Change) for 2019, 2020 & 2021 |
| Rising Fiscal Deficits Puts Defense Spending On the Chopping Block |
| Table: COVID-19 has Shown How the World has Invested in the Wrong Fight. Now is the Time for a World Which Prioritized Defense Over Health & Environment to Wake Up: Global Defense, Health & Energy R&D as a % of GDP |
| Table: Dual Public Health & Economic Crisis to Send Defense Spending Plummeting After Recording a 10-Year High in 2019: Global Defense Spending (In US$ Billion) for Years 2016, 2017, 2018, 2019, 2020 & 2023 |
| Pandemics 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 |
| Heres 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 Armys 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: AIs 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 |
| III. MARKET ANALYSIS |
| 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 |
| IV. COMPETITION |
| Total Companies Profiled: 16 |
