North America Industrial Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Mobility

North America industrial exoskeletons market is projected to grow by 35.1% annually in the forecast period and reach $2.73 billion by 2032, driven by the increasing demand for improved safety and productivity in industrial manufacturing, the rising collaborations among vendors for the technological development, and the emerging innovative products of robotic exoskeletons.

Highlighted with 34 tables and 86 figures, this 153-page report “North America Industrial Exoskeletons Market 2022-2032 by Offering (Hardware, Software, Service), Function (Upper Body, Lower Body, Full Body), Mobility (Mobile, Stationary, Tethered), Power (Active/Powered, Passive), Structure (Rigid, Soft), Application (Manufacture, Construction, Transport and Logistics, Others), and Country: Trend Forecast and Growth Opportunity” is based on a comprehensive research of the entire North America industrial 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 North America 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 North America industrial exoskeletons market in every aspect of the classification from perspectives of Offering, Function, Mobility, Power, Structure, Application, and Country. 

 

Based on Offering, the North America 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 North America 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 Mobility, the North America market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section. 

• Mobile Exoskeletons

• Stationary Exoskeletons

• Tethered Exoskeletons

 

By Power, the North America 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 North America 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

 

By Application, the North America market is segmented into the following sub-markets with annual revenue ($ mn) and volume (units) for 2022-2032 included in each section. 

• Manufacture

• Construction

• Transport and Logistics

• Other Industrial Applications

 

Geographically, the following national/local markets are fully investigated:

• U.S.

• Canada

• Mexico 

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, Mobility, and Application 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: 

AlterG Inc.

Atoun Inc.

Axosuits SRL

Bionik Laboratiories Corp.

B-Temia Inc.

Cyberdyne Inc.

DIH Technologies Corporation

Ekso Bionics Holdings Inc.

Gogoa Mobility Robots SL

Hocoma AG

Honda Motor Co., Ltd.

Innophys Co., Ltd.

Japet Medical Devices

Lockheed Martin Corp.

Marsi Bionics, S.L.

Myomo Inc.

Panasonic Holdings Corp.

Parker-Hannifin Corp.

ReWalk Robotics Inc.

Rex Bionics Ltd.

US Bionics Inc. (Suitx)

Wearable Robotics SRL

(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 8

1.1 Industry Definition and Research Scope 8

1.1.1 Industry Definition 8

1.1.2 Research Scope 10

1.2 Research Methodology 13

1.2.1 Overview of Market Research Methodology 13

1.2.2 Market Assumption 14

1.2.3 Secondary Data 14

1.2.4 Primary Data 14

1.2.5 Data Filtration and Model Design 15

1.2.6 Market Size/Share Estimation 16

1.2.7 Research Limitations 17

1.3 Executive Summary 18

2 Market Overview and Dynamics 21

2.1 Market Size and Forecast 21

2.1.1 Impact of COVID-19 on World Economy 24

2.1.2 Impact of COVID-19 on the Market 27

2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 29

2.2 Major Growth Drivers 33

2.3 Market Restraints and Challenges 37

2.4 Emerging Opportunities and Market Trends 40

2.5 Porter’s Fiver Forces Analysis 44

3 Segmentation of North America Market by Offering 48

3.1 Market Overview by Offering 48

3.2 Hardware 50

3.2.1 Sensors 51

3.2.2 Actuators 52

3.2.3 Power Sources 53

3.2.4 Controllers 54

3.2.5 Other Hardware 55

3.3 Software 56

3.4 Services 57

4 Segmentation of North America Market by Function 58

4.1 Market Overview by Function 58

4.2 Upper Body Exoskeletons 62

4.3 Lower Body Exoskeletons 64

4.4 Full Body Exoskeletons 66

5 Segmentation of North America Market by Mobility 68

5.1 Market Overview by Mobility 68

5.2 Mobile Exoskeletons 72

5.3 Stationary Exoskeletons 74

5.4 Tethered Exoskeletons 76

6 Segmentation of North America Market by Power 78

6.1 Market Overview by Power 78

6.2 Active/Powered Exoskeletons 82

6.2.1 Electric Actuator 84

6.2.2 Pneumatic Actuator 85

6.2.3 Hydraulic Actuator 86

6.2.4 Mechanical Actuator 87

6.2.5 Other Types 88

6.3 Passive Exoskeletons 89

7 Segmentation of North America Market by Structure 91

7.1 Market Overview by Structure 91

7.2 Rigid Exoskeletons 95

7.3 Soft Exoskeletons 97

8 Segmentation of North America Market by Application 99

8.1 Market Overview by Application 99

8.2 Manufacture 103

8.3 Construction 105

8.4 Transport and Logistics 107

8.5 Other Applications 109

9 North America Market 2022-2032 by Country 111

9.1 Overview of North America Market 111

9.2 U.S. 116

9.3 Canada 119

9.4 Mexico 121

10 Competitive Landscape 123

10.1 Overview of Key Vendors 123

10.2 New Product Launch, Partnership, Investment, and M&A 127

10.3 Company Profiles 130

AlterG Inc. 130

Atoun Inc. 132

Axosuits SRL 133

Bionik Laboratiories Corp. 134

B-Temia Inc. 135

Cyberdyne Inc. 136

DIH Technologies Corporation 137

Ekso Bionics Holdings Inc. 138

Gogoa Mobility Robots SL 139

Hocoma AG 140

Honda Motor Co., Ltd. 141

Innophys Co., Ltd. 142

Japet Medical Devices 143

Lockheed Martin Corp. 144

Marsi Bionics, S.L. 145

Myomo Inc. 146

Panasonic Holdings Corp. 147

Parker-Hannifin Corp. 148

ReWalk Robotics Inc. 149

Rex Bionics Ltd. 150

US Bionics Inc. (Suitx) 151

Wearable Robotics SRL 152

RELATED REPORTS 153

 

List of Tables:

 

Table 1.  Snapshot of North America Industrial Exoskeletons Market in Balanced Perspective, 2022-2032 19

Table 2. World Economic Outlook, 2021-2031 25

Table 3. World Economic Outlook, 2021-2023 26

Table 4. Scenarios for Economic Impact of Ukraine Crisis 30

Table 5.  Main Product Trends and Market Opportunities in North America Industrial Exoskeletons Market 40

Table 6. North America Industrial Exoskeletons Market by Offering, 2022-2032, $ mn 48

Table 7. North America Industrial Exoskeletons Market: Hardware by Type, 2022-2032, $ mn 50

Table 8. North America Industrial Exoskeletons Market by Function, 2022-2032, $ mn 58

Table 9. North America Industrial Exoskeletons Market by Function, 2022-2032, units 60

Table 10. North America Industrial Exoskeletons Market by Mobility, 2022-2032, $ mn 68

Table 11. North America Industrial Exoskeletons Market by Mobility, 2022-2032, units 70

Table 12. North America Industrial Exoskeletons Market by Power, 2022-2032, $ mn 78

Table 13. North America Industrial Exoskeletons Market by Power, 2022-2032, units 80

Table 14. North America Industrial Exoskeletons Market: Active/Powered Exoskeletons by Type, 2022-2032, $ mn 83

Table 15. North America Industrial Exoskeletons Market by Structure, 2022-2032, $ mn 91

Table 16. North America Industrial Exoskeletons Market by Structure, 2022-2032, units 93

Table 17. North America Industrial Exoskeletons Market by Application, 2022-2032, $ mn 99

Table 18. North America Industrial Exoskeletons Market by Application, 2022-2032, units 101

Table 19. North America Industrial Exoskeletons Market by Country, 2022-2032, $ mn 112

Table 20. North America Industrial Exoskeletons Market by Country, 2022-2032, units 114

Table 21. U.S. Industrial Exoskeletons Market by Function, 2022-2032, $ mn 118

Table 22. U.S. Industrial Exoskeletons Market by Mobility, 2022-2032, $ mn 118

Table 23. U.S. Industrial Exoskeletons Market by Application, 2022-2032, $ mn 118

Table 24. Canada Industrial Exoskeletons Market by Function, 2022-2032, $ mn 120

Table 25. Canada Industrial Exoskeletons Market by Mobility, 2022-2032, $ mn 120

Table 26. Canada Industrial Exoskeletons Market by Application, 2022-2032, $ mn 120

Table 27. Mexico Industrial Exoskeletons Market by Function, 2022-2032, $ mn 122

Table 28. Mexico Industrial Exoskeletons Market by Mobility, 2022-2032, $ mn 122

Table 29. Mexico Industrial Exoskeletons Market by Application, 2022-2032, $ mn 122

Table 30.  Main Vendors and Product Offerings 125

Table 31. Recent Development and Activities 128

Table 32. AlterG Inc.: Company Snapshot 130

Table 33. AlterG Inc.: Business Segmentation 131

Table 34. AlterG Inc.: Product Portfolio 131

 

 

 

 

 

List of Figures:

 

Figure 1.  Exemplary Pictures of Industrial Exoskeletons 9

Figure 2. Research Method Flow Chart 13

Figure 3. Bottom-up Approach and Top-down Approach for Market Estimation 16

Figure 4. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 18

Figure 5. Industry Value Chain Analysis 21

Figure 6. North America Industrial Exoskeletons Market by Revenue, 2022-2032, $ mn 22

Figure 7. North America Industrial Exoskeletons Market by Shipment, 2022-2032, units 23

Figure 8. North America ASP of Industrial Exoskeletons, 2022-2032, thousand USD/unit 23

Figure 9. Impact of COVID-19 on Business 27

Figure 10. Primary Drivers and Impact Factors of North America Industrial Exoskeletons Market 33

Figure 11. World Smart Factory Market, 2019-2026, $ mn 36

Figure 12. World Construction Industry, 2019-2030, $ trillion 36

Figure 13. Primary Restraints and Impact Factors of North America Industrial Exoskeletons Market 37

Figure 14. Investment Opportunity Analysis 41

Figure 15. Porter’s Fiver Forces Analysis of North America Industrial Exoskeletons Market 44

Figure 16. Breakdown of North America Industrial Exoskeletons Market by Offering, 2022-2032, % of Revenue 49

Figure 17. North America Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%) 49

Figure 18. North America Industrial Exoskeletons Market by Offering: Hardware, 2022-2032, $ mn 50

Figure 19. North America Industrial Exoskeletons Market by Hardware: Sensors, 2022-2032, $ mn 51

Figure 20. North America Industrial Exoskeletons Market by Hardware: Actuators, 2022-2032, $ mn 52

Figure 21. North America Industrial Exoskeletons Market by Hardware: Power Sources, 2022-2032, $ mn 53

Figure 22. North America Industrial Exoskeletons Market by Hardware: Controllers, 2022-2032, $ mn 54

Figure 23. North America Industrial Exoskeletons Market by Hardware: Other Hardware, 2022-2032, $ mn 55

Figure 24. North America Industrial Exoskeletons Market by Offering: Software, 2022-2032, $ mn 56

Figure 25. North America Industrial Exoskeletons Market by Offering: Services, 2022-2032, $ mn 57

Figure 26. Breakdown of North America Industrial Exoskeletons Market by Function, 2022-2032, % of Sales Revenue 59

Figure 27. North America Addressable Market Cap in 2023-2032 by Function, Value ($ mn) and Share (%) 59

Figure 28. Breakdown of North America Industrial Exoskeletons Market by Function, 2022-2032, % of Shipment 61

Figure 29. North America Addressable Market Cap in 2023-2032 by Function, Shipment (units) and Share (%) 61

Figure 30. North America Industrial Exoskeletons Market by Function: Upper Body Exoskeletons, 2022-2032, $ mn 62

Figure 31. North America Industrial Exoskeletons Market by Function: Upper Body Exoskeletons, 2022-2032, units 63

Figure 32. North America Industrial Exoskeletons Market by Function: Lower Body Exoskeletons, 2022-2032, $ mn 64

Figure 33. North America Industrial Exoskeletons Market by Function: Lower Body Exoskeletons, 2022-2032, units 65

Figure 34. North America Industrial Exoskeletons Market by Function: Full Body Exoskeletons, 2022-2032, $ mn 66

Figure 35. North America Industrial Exoskeletons Market by Function: Full Body Exoskeletons, 2022-2032, units 67

Figure 36. Breakdown of North America Industrial Exoskeletons Market by Mobility, 2022-2032, % of Sales Revenue 69

Figure 37. North America Addressable Market Cap in 2023-2032 by Mobility, Value ($ mn) and Share (%) 69

Figure 38. Breakdown of North America Industrial Exoskeletons Market by Mobility, 2022-2032, % of Shipment 71

Figure 39. North America Addressable Market Cap in 2023-2032 by Mobility, Shipment (units) and Share (%) 71

Figure 40. North America Industrial Exoskeletons Market by Mobility: Mobile Exoskeletons, 2022-2032, $ mn 72

Figure 41. North America Industrial Exoskeletons Market by Mobility: Mobile Exoskeletons, 2022-2032, units 73

Figure 42. North America Industrial Exoskeletons Market by Mobility: Stationary Exoskeletons, 2022-2032, $ mn 74

Figure 43. North America Industrial Exoskeletons Market by Mobility: Stationary Exoskeletons, 2022-2032, units 75

Figure 44. North America Industrial Exoskeletons Market by Mobility: Tethered Exoskeletons, 2022-2032, $ mn 76

Figure 45. North America Industrial Exoskeletons Market by Mobility: Tethered Exoskeletons, 2022-2032, units 77

Figure 46. Breakdown of North America Industrial Exoskeletons Market by Power, 2022-2032, % of Revenue 78

Figure 47. North America Addressable Market Cap in 2023-2032 by Power, Value ($ mn) and Share (%) 79

Figure 48. Breakdown of North America Industrial Exoskeletons Market by Power, 2022-2032, % of Shipment 80

Figure 49. North America Addressable Market Cap in 2023-2032 by Power, Shipment (units) and Share (%) 81

Figure 50. North America Industrial Exoskeletons Market by Power: Active/Powered Exoskeletons, 2022-2032, $ mn 82

Figure 51. North America Industrial Exoskeletons Market by Power: Active/Powered Exoskeletons, 2022-2032, units 83

Figure 52. North America Industrial Exoskeletons Market by Active/Powered Exoskeletons: Electric Actuator, 2022-2032, $ mn 84

Figure 53. North America Industrial Exoskeletons Market by Active/Powered Exoskeletons: Pneumatic Actuator, 2022-2032, $ mn 85

Figure 54. North America Industrial Exoskeletons Market by Active/Powered Exoskeletons: Hydraulic Actuator, 2022-2032, $ mn 86

Figure 55. North America Industrial Exoskeletons Market by Active/Powered Exoskeletons: Mechanical Actuator, 2022-2032, $ mn 87

Figure 56. North America Industrial Exoskeletons Market by Active/Powered Exoskeletons: Other Types, 2022-2032, $ mn 88

Figure 57. North America Industrial Exoskeletons Market by Power: Passive Exoskeletons, 2022-2032, $ mn 89

Figure 58. North America Industrial Exoskeletons Market by Power: Passive Exoskeletons, 2022-2032, units 90

Figure 59. Breakdown of North America Industrial Exoskeletons Market by Structure, 2022-2032, % of Revenue 91

Figure 60. North America Addressable Market Cap in 2023-2032 by Structure, Value ($ mn) and Share (%) 92

Figure 61. Breakdown of North America Industrial Exoskeletons Market by Structure, 2022-2032, % of Shipment 93

Figure 62. North America Addressable Market Cap in 2023-2032 by Structure, Shipment (units) and Share (%) 94

Figure 63. North America Industrial Exoskeletons Market by Structure: Rigid Exoskeletons, 2022-2032, $ mn 95

Figure 64. North America Industrial Exoskeletons Market by Structure: Rigid Exoskeletons, 2022-2032, units 96

Figure 65. North America Industrial Exoskeletons Market by Structure: Soft Exoskeletons, 2022-2032, $ mn 97

Figure 66. North America Industrial Exoskeletons Market by Structure: Soft Exoskeletons, 2022-2032, units 98

Figure 67. Breakdown of North America Industrial Exoskeletons Market by Application, 2022-2032, % of Sales Revenue 100

Figure 68. North America Addressable Market Cap in 2023-2032 by Application, Value ($ mn) and Share (%) 100

Figure 69. Breakdown of North America Industrial Exoskeletons Market by Application, 2022-2032, % of Shipment 102

Figure 70. North America Addressable Market Cap in 2023-2032 by Application, Shipment (units) and Share (%) 102

Figure 71. North America Industrial Exoskeletons Market by Application: Manufacture, 2022-2032, $ mn 103

Figure 72. North America Industrial Exoskeletons Market by Application: Manufacture, 2022-2032, units 104

Figure 73. North America Industrial Exoskeletons Market by Application: Construction, 2022-2032, $ mn 105

Figure 74. North America Industrial Exoskeletons Market by Application: Construction, 2022-2032, units 106

Figure 75. North America Industrial Exoskeletons Market by Application: Transport and Logistics, 2022-2032, $ mn 107

Figure 76. North America Industrial Exoskeletons Market by Application: Transport and Logistics, 2022-2032, units 108

Figure 77. North America Industrial Exoskeletons Market by Application: Other Applications, 2022-2032, $ mn 109

Figure 78. North America Industrial Exoskeletons Market by Application: Other Applications, 2022-2032, units 110

Figure 79. Breakdown of North America Industrial Exoskeletons Market by Country, 2022 and 2032, % of Revenue 112

Figure 80. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 113

Figure 81. Breakdown of North America Industrial Exoskeletons Market by Country, 2022 and 2032, % of Shipment 114

Figure 82. Contribution to North America 2023-2032 Cumulative Market by Country, Shipment (units) and Share (%) 115

Figure 83. U.S. Industrial Exoskeletons Market, 2022-2032, $ mn 117

Figure 84. Canada Industrial Exoskeletons Market, 2022-2032, $ mn 119

Figure 85.  Industrial Exoskeletons Market in Mexico, 2022-2032, $ mn 121

Figure 86. Growth Stage of North America Industrial Exoskeletons Industry over the Forecast Period 123