Asia Pacific military exoskeletons market will grow by 29.8% annually with a total addressable market cap of $2.57 billion over 2023-2032, driven by the increasing warfare and regional conflicts, the technological advancements in exoskeleton industry, and an increasing focus on the safety and efficiency of dismounted soldiers.
Highlighted with 35 tables and 67 figures, this 128-page report "Asia Pacific Military Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Power (Active/Powered, Passive), Structure (Rigid, Soft), and Country: Trend Forecast and Growth Opportunity" is based on a comprehensive research of the entire Asia Pacific military exoskeletons market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific military exoskeletons market in every aspect of the classification from perspectives of Offering, Function, Power, Structure, and Country.
Based on Offering, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
o Sensors
o Actuators
o Power Sources
o Controllers
o Other Hardware
• Software
• Service
Based on Function, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Upper Body Exoskeletons
• Lower Body Exoskeletons
• Full Body Exoskeletons
By Power, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Active/Powered Exoskeletons
o Electric Actuator
o Pneumatic Actuator
o Hydraulic Actuator
o Mechanical Actuator
o Other Types
• Passive Exoskeletons
By Structure, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section.
• Rigid Exoskeletons
• Soft Exoskeletons
Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue ($ mn) and volume (units) are available for 2022-2032. The breakdown of national markets by Function, Power, and Structure over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Aselsan AS
BAE Systems PLC
Bionic Power Inc.
Dephy Inc.
Lockheed Martin Corporation
Mawashi Science & Technology
Northrop Grumman Corporation
Raytheon Technologies Corporation
Revision Inc.
Rostec Corp.
Safran S.A.
Sarcos Corporation
SRI International Inc.
US Bionics Inc. (Suitx)
(Please note: The report will be updated before delivery so that the latest historical year is the base year, and the forecast covers at least 5 years over the base year.)
1 Introduction 7
1.1 Industry Definition and Research Scope 7
1.1.1 Industry Definition 7
1.1.2 Research Scope 9
1.2 Research Methodology 12
1.2.1 Overview of Market Research Methodology 12
1.2.2 Market Assumption 13
1.2.3 Secondary Data 13
1.2.4 Primary Data 13
1.2.5 Data Filtration and Model Design 14
1.2.6 Market Size/Share Estimation 15
1.2.7 Research Limitations 16
1.3 Executive Summary 17
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 23
2.1.2 Impact of COVID-19 on the Market 26
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 28
2.2 Major Growth Drivers 32
2.3 Market Restraints and Challenges 39
2.4 Emerging Opportunities and Market Trends 42
2.5 Porter's Fiver Forces Analysis 46
3 Segmentation of Asia Pacific Market by Offering 50
3.1 Market Overview by Offering 50
3.2 Hardware 52
3.2.1 Sensors 53
3.2.2 Actuators 54
3.2.3 Power Sources 55
3.2.4 Controllers 56
3.2.5 Other Hardware 57
3.3 Software 58
3.4 Services 59
4 Segmentation of Asia Pacific Market by Function 60
4.1 Market Overview by Function 60
4.2 Upper Body Exoskeletons 64
4.3 Lower Body Exoskeletons 66
4.4 Full Body Exoskeletons 68
5 Segmentation of Asia Pacific Market by Power 70
5.1 Market Overview by Power 70
5.2 Active/Powered Exoskeletons 74
5.2.1 Electric Actuator 76
5.2.2 Pneumatic Actuator 77
5.2.3 Hydraulic Actuator 78
5.2.4 Fuel Cell Actuator 79
5.2.5 Other Types 80
5.3 Passive Exoskeletons 81
6 Segmentation of Asia Pacific Market by Structure 83
6.1 Market Overview by Structure 83
6.2 Rigid Exoskeletons 87
6.3 Soft Exoskeletons 89
7 Asia-Pacific Market 2022-2032 by Country/Region 91
7.1 Overview of Asia-Pacific Market 91
7.2 Japan 96
7.3 China 99
7.4 Australia 101
7.5 India 103
7.6 South Korea 105
7.7 Rest of APAC Region 107
8 Competitive Landscape 109
8.1 Overview of Key Vendors 109
8.2 New Product Launch, Partnership, Investment, and M&A 112
8.3 Company Profiles 113
Aselsan AS 113
BAE Systems PLC 115
Bionic Power Inc. 116
Dephy Inc. 117
Lockheed Martin Corporation 118
Mawashi Science & Technology 119
Northrop Grumman Corporation 120
Raytheon Technologies Corporation 121
Revision Inc. 122
Rostec Corp. 123
Safran S.A. 124
Sarcos Corporation 125
SRI International Inc. 126
US Bionics Inc. (Suitx) 127
RELATED REPORTS 128
Executive Summary
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