USD
  • GBP GBP
  • CNY CNY
  • EUR EUR
  • INR INR
  • JPY JPY
  • MYR MYR
  • ZAR ZAR
  • KRW KRW
  • THB THB
Frost & Sullivan Frost & Sullivan
  • ABOUT US
  • CONTACT US
  • SIGN IN
  • REGISTER
  • PARTNER LOGIN
    • CDS.frost.com
    • Member.frost.com
  • USD
    • GBP GBP
    • CNY CNY
    • EUR EUR
    • INR INR
    • JPY JPY
    • MYR MYR
    • ZAR ZAR
    • KRW KRW
    • THB THB
  • INDUSTRIES
    • Aerospace, Defence and Security
      Aerospace Systems
      • Air Traffic Management (ATM)
      Airlines & Airports
      Space
      Security
      • Mass Transportation Security
      Defence
      • C4ISR

      Explore more Categories

    • Automotive
      Automotive
      • Aftermarket
      • Automotive IoT
      • Business Strategy and Innovation
      • Chassis, Safety & Autonomous
      • Connected Car
      • Commercial Vehicle Telematics
      • Fleet and Leasing
      • New Mobility
      • On-Road and Offroad Commercial Vehicles
      • Powertrain

      Explore more Categories

    • Transportation and Logistics
      Transportation and Logistics
      • Logistics Infrastructure
      • Freight Transportation
      • Storage and Warehousing
      • Freight Forwarding
      • Contract Logistics
      Rail
      • Information Systems
      • Infrastructure
      • Rolling Stock
      • Passenger Transportation
      • Freight Transportation

      Explore more Categories

    • Chemicals and Materials
    • Food and Agriculture
    • Electronics and Sensors
      Electronics and Sensors
      • Semiconductor
      • Electronic Devices
      • Sensors & Instrumentation
      • Instrumentation
      • Communications Test

      Explore more Categories

    • Energy
      Energy
      • Oil & Gas
      • Power Generation
      • Critical Power
      • Grids
      • Energy Storage
      • Distributed Energy
      • Others

      Explore more Categories

    • Environment
      Water
      • Water Utilities & Smart Solutions
      • Industrial Water Services
      Homes and Buildings
      • Energy Management
      • Smart Buildings
      • Smart Cities
      • Connected Living
      Waste Management
      • Waste to Value

      Explore more Categories

    • Healthcare
      Life Sciences
      • Clinical Diagnostics and Research Tools
      • Pharmaceuticals and Biotech
      Healthcare
      • Medical Imaging & Informatics
      • Advanced Medical Technologies
      • Digital Health

      Explore more Categories

    • Industrial Automation
      Automation
      • Industrial Hardware
      • Industrial Software
      • Industrial
      • Welding
      Process Control
      • Pumps
      • Valves
      • Compressors
      Power Transmission
      • Electric Drives
      • Motion Controllers
      • Electric Motors
      • Mechanical Components
      Fluid Automation
      • Pnuematic Equipment
      • Hydraulic Equipment

      Explore more Categories

    • Test and Measurement Instrumentation
      Test and Measurement Instrumentation
      • Electronic Measurement
      • Analytical Instrumentation
      • Condition Monitoring
      • Nondestructive Testing
      • Dimensional Metrology

      Explore more Categories

    • Information Technology
      Information Technology
      • Authentication
      • Network Security
      • IT Services and Applications
      • Contact Centers
      • Kiosks and Retail Systems

      Explore more Categories

    • Telecom
      Unified Communications and Collaboration (UCC)
      • Communications Endpoints
      • Communications CPE Services
      • Enterprise Communications Software
      • Hybrid Architectures
      • Networking and Communications Infrastructure
      • Premises-based Systems
      Telecom
      • Mobile and Wireless Communications
      • Communications Services
      • Enterprise Communications
      • Satellite Communications

      Explore more Categories

    • Entertainment and Media
      Entertainment and Media
      • Digital Media
      • Media
      • Advertising
      • Broadcast Television
      • Cinema
      • OTT Video and TV Everywhere
      • Pay TV (Cable, DTH, IPTV)

      Explore more Categories

    • Metals and Minerals
    • Personal Protective Equipment
    • Macroeconomics
      Macroeconomics
      • Country Profile
      • Economic Outlook
      • Economic Tracker

      Explore more Categories

  • THEMES
    AI

    Artificial Intelligence - AI

    Artificial Intelligence involves the science and engineering of developing intelligent machines
    iiot

    Industrial Internet of things - IIOT

    The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
    IOT

    Internet of things - IOT

    IoT will have a major impact on businesses and consumers in the future
    BigDATA

    Big Data and Analytics

    The world is creating 2.5 exabytes of data daily
    Cloud

    Cloud Computing

    Our research seeks to connect-the-dots across multiple trends

    Robotics

    Robotics

    Personal Robots are Set to Be a $19 Billion Market

    Brexit

    Brexit Analysis

    Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
    Femtech

    Femtech Market Research

    Time for a Digital Revolution in the Women’s Health Market
  • SERVICES
    Services

    Industry Research Database - iFrost

    iFrost is a digital platform for interactive and dynamic reporting of data.

    Subscription - Industry Research

    The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products

  • CART
  • Home
  • The Global Industrial Exoskeletons Market is Driven by the Aging and Shrinking Skilled Labor Force
loading please wait

The Global Industrial Exoskeletons Market is Driven by the Aging and Shrinking Skilled Labor Force

High Workplace Injury Costs will Boost Growth Opportunities in the Market

Frost & Sullivan
4950 USD https://store.frost.com/the-global-industrial-exoskeletons-market-is-driven-by-the-aging-and-shrinking-skilled-labor-force.html
RELEASE DATE
09-Feb-2021
REGION
North America
Research Code: K5B6-01-00-00-00
SKU: PP00203-NA-MT_25238
Request Sample
USD 4,950.00

* Required Fields

USD 4,950.00

Pay by invoice

ENQUIRE NOW
  • Description
  • Table of Contents
  • Request Sample

Description

In 2020, the global industrial exoskeletons market generated a revenue of $62.7 million. Growth is driven by high injury cost and the aging and shrinking skilled workforce in industries.

Rest of World (RoW), led by Japan, is the largest market for industrial exoskeletons—it accounted for almost 49.1% in terms of revenue share in 2020. Europe and North America contributed 33.6% and 17.3%, respectively. Japan’s aging population is the main growth driver. The country has the highest global median age population and the largest share (28.2%) of population aged 65+. Driven by higher acceptance, the RoW market is estimated to grow from $30.8 million in 2020 to $228.2 million in 2025 at a compound annual growth rate (CAGR) of 49.3%.

Among the end-use industries, the manufacturing industry (driven by the automotive sector) held the highest revenue share of 59.3% in 2020; it is projected to grow from $37.2 million in 2020 to $271.4 million in 2025 at a CAGR of 48.8%. The transport industry is the second-largest user of exoskeletons, contributing a 32.6% revenue share in 2020. The construction industry accounted for 7.7% in 2020 and is forecast to register a CAGR of 44.7% from 2020 to 2025. Construction industry growth will be driven by the increasing adoption of powered exoskeletons in shipbuilding and marine construction.

By product segment, powered industrial exoskeletons constituted a 64.8% revenue share in 2020, and this number is expected to increase to 69.9% in 2025. This trend indicates the growing adoption of powered industrial exoskeletons.

This Frost & Sullivan research service analyzes the global industrial exoskeletons market from 2017 to 2025. The market is segmented into passive industrial exoskeletons and powered industrial exoskeletons and both segments are examined in detail (revenue and unit shipment forecast analysis, competitive analysis). Growth opportunities are also analyzed, and the focus is on claims validation (reduced musculoskeletal disorders (MSDs) and improved productivity) and geographic expansion and mergers and acquisitions (M&As). For the total market, growth drivers and restraints are examined, along with new product technology analysis, regional opportunity analysis, standards and regulations, current adoption scenario, and potential risks in terms of exoskeleton usage. Recent use-cases are also studied and revenue and unit shipment forecast and competitive environment are analyzed.

Table of Contents

Strategic Imperatives

Why is it Increasingly Difficult to Grow?

The Strategic Imperative 8™

The Impact of the Top Three Strategic Imperatives on the Global Industrial Exoskeletons Market

Growth Opportunities Fuel the Growth Pipeline Engine™

Growth Opportunity Analysis, Global Industrial Exoskeletons Market

Key Findings

Key Findings (continued)

Global Industrial Exoskeletons Market Scope of Analysis

Global Industrial Exoskeletons Market Segmentation

Key Growth Metrics for the Global Industrial Exoskeletons Market

Distribution Channels for the Global Industrial Exoskeletons Market

Growth Drivers for the Global Industrial Exoskeletons Market

Growth Restraints for the Global Industrial Exoskeletons Market

Forecast Assumptions, Global Industrial Exoskeletons Market

Key Competitors for the Global Industrial Exoskeletons Market

Need Assessment for the Global Industrial Exoskeletons Market

Pros and Cons for Industrial Exoskeleton Use

Global Industrial Exoskeletons Market Growth Parameters

Occupational Hazards Outlook, Global Industrial Exoskeletons Market

Global Passive and Powered Industrial Exoskeletons Product Comparison

Global Industrial Exoskeletons Market, Product Analysis Based on Type of Injury Prevention

New Product Technology Analysis, Global Industrial Exoskeletons Market

Manufacturing Bases, Global Industrial Exoskeletons Market

Regional Opportunity Analysis, Global Industrial Exoskeletons Market

Regional Opportunity Analysis, Global Industrial Exoskeletons Market (continued)

Standards and Regulations, Global Industrial Exoskeletons Market

Potential Risks, Global Industrial Exoskeletons Market

Potential Risks, Global Industrial Exoskeletons Market (continued)

Current Adoption Scenario—Major Industries, Global Industrial Exoskeletons Market

Current Adoption Scenario—Major Industries, Global Industrial Exoskeletons Market (continued)

Global Industrial Exoskeletons Market—Recent Use-Cases

Global Industrial Exoskeletons Market—Recent Use-Cases (continued)

Global Industrial Exoskeletons Market—Recent Use-Cases (continued)

Revenue and Unit Shipment Forecast, Global Industrial Exoskeletons Market

Percent Revenue Forecast by Product, Global Industrial Exoskeletons Market

Percent Unit Shipment Forecast by Product, Global Industrial Exoskeletons Market

Revenue Forecast by Product, Global Industrial Exoskeletons Market

Revenue Forecast by Region, Global Industrial Exoskeletons Market

Revenue Forecast by End-Use Industry, Global Industrial Exoskeletons Market

Revenue and Unit Shipment Forecast Analysis, Global Industrial Exoskeletons Market

Revenue and Unit Shipment Forecast Analysis, Global Industrial Exoskeletons Market (continued)

Competitive Environment, Global Industrial Exoskeletons Market

Competitive Analysis, Global Industrial Exoskeletons Market

Competitive Analysis, Global Industrial Exoskeletons Market (continued)

Growth Opportunity Analysis, Global Passive Industrial Exoskeletons Market

Key Growth Metrics, Global Passive Industrial Exoskeletons Market

Revenue and Unit Shipment Forecast, Global Passive Industrial Exoskeletons Market

Pricing Forecast Analysis, Global Passive Industrial Exoskeletons Market

Revenue Forecast by Region, Global Passive Industrial Exoskeletons Market

Revenue Forecast by End-Use Industry, Global Passive Industrial Exoskeletons Market

Revenue and Unit Shipment Forecast Analysis, Global Passive Industrial Exoskeletons Market

Revenue and Unit Shipment Forecast Analysis, Global Passive Industrial Exoskeletons Market (continued)

Competitive Environment, Global Passive Industrial Exoskeletons Market

Competitive Analysis, Global Passive Industrial Exoskeletons Market

Competitive Analysis, Global Passive Industrial Exoskeletons Market (continued)

Growth Opportunity Analysis, Global Powered Industrial Exoskeletons Market

Key Growth Metrics, Global Powered Industrial Exoskeletons Market

Revenue and Unit Shipment Forecast, Global Powered Industrial Exoskeletons Market

Pricing Forecast Analysis, Global Powered Industrial Exoskeletons Market

Revenue Forecast by Region, Global Powered Industrial Exoskeletons Market

Revenue Forecast by End-Use Industry, Global Powered Industrial Exoskeletons Market

Revenue and Unit Shipment Forecast Analysis, Global Powered Industrial Exoskeletons Market

Revenue and Unit Shipment Forecast Analysis, Global Powered Industrial Exoskeletons Market (continued)

Competitive Environment, Powered Industrial Exoskeletons Market

Competitive Analysis, Powered Industrial Exoskeletons Market

Competitive Analysis, Powered Industrial Exoskeletons Market (continued)

Growth Opportunity Universe, Global Industrial Exoskeletons Market

Growth Opportunity 1—Research/Test Validation Pertaining to Reduced MSDs and Improved Productivity to Drive Growth

Growth Opportunity 1—Research/Test Validation Pertaining to Reduced MSDs and Improved Productivity to Drive Growth (continued)

Growth Opportunity 2—Geographic Expansion Coupled with Mergers and Acquisitions by Manufacturers to Gain a Competitive Advantage

Growth Opportunity 2—Geographic Expansion Coupled with Mergers and Acquisitions by Manufacturers to Gain a Competitive Advantage (continued)

Next Steps

Your Next Steps

Why Frost, Why Now?

List of Exhibits

List of Exhibits (continued)

Legal Disclaimer

Request Sample
Related Research

Global Confined Space Personal Protective Equipment (PPE) Growth Opportunities

Release Date: 15-Sep-21
Region: North America

Disruptive Technologies Will Propel the Scandinavian PPE Market

Release Date: 15-Apr-21
Region: Europe

North American Respiratory Protection Market and Transformative Mega Trends, Forecast to 2025

Release Date: 23-Mar-21
Region: North America

The Global Consumer Face Mask Market to Decline Substantially Once Countries Remove Public Mask-Wearing Mandates

Release Date: 18-Mar-21
Region: North America

The Global Personal Protective Equipment (PPE) Market in the Wind Energy Industry is being Driven by Government Incentives and Initiatives

Release Date: 12-Jan-21
Region: North America

Stringent Regulations Driving North American Firefighter PPE Market, 2020–2024

Release Date: 1-Dec-20
Region: North America

Transformative Mega Trends Powering UK and Ireland’s Personal Protective Equipment (PPE) Market, 2020

Release Date: 25-Nov-20
Region: Europe

Wildland Firefighting Fueling the Western European Firefighter PPE Market

Release Date: 19-Oct-20
Region: Europe

Product Innovation and Customization Driving the Mature Western European Above-the-neck PPE Market, 2020–2024

Release Date: 4-Sep-20
Region: Europe

Western European Industrial Protective Clothing Market, Forecast to 2024

Release Date: 06-Jul-20
Region: Europe
CCBot/2.0 (https://commoncrawl.org/faq/)
Popular Topics

nutritional supplement market

electric car market

smart lighting market

biofuels market

tobacco industry analysis

fleet management market

flexible electronics market

industrial robotics market

agrochemicals market

polyamides market

×

Price:
Actual Price:
Our price is lower than the manufacturer's "minimum advertised price." As a result, we cannot show you the price in catalog or the product page.

You have no obligation to purchase the product once you know the price. You can simply remove the item from your cart.
Our price is lower than the manufacturer's "minimum advertised price." As a result, we cannot show you the price in catalog or the product page.

You have no obligation to purchase the product once you know the price. You can simply remove the item from your cart.
our company
  • Frost.com
  • About Frost & Sullivan
  • Privacy Policy
  • Sitemap
  • FAQ
  • Return Policy
  • Disclaimer
  • How to Shop
  • Contact Us
Global presence
  • North America
  • Latin America
  • Middle East
  • Europe, Israel & Africa
  • Asia Pacific
  • South Asia
Global locations
connect with us
Sign up for newsletter and updates
Close
Close
Close
Close
Close
Close
Close
Research Deliverables
  • Market Research
  • Technology Research
  • Mega Trends Research
  • Tracker
  • Strategic Forecasting
  • Market Outlet Research
  • Customer Research
  • Database and Economic
  • Analyst Briefings
Industries
  • Aerospace Market Research
  • Defence Market Research
  • Security Market Research
  • Automative Market Research
  • Transportation Market Research
  • Chemicals Market Research
  • Materials Market Research
  • Energy Market Research
  • Enviornment Market Research
  • Food Market Research
  • Agriculture Market Research
  • Healthcare Market Research
  • Industrial Automation Market Research
  • Information Technology Market Research
  • Telecom Market Research
  • Media Market Research
  • Metals and Minerals Market Research
  • Personal Protective Equipment Research
  • Test and Measurement Market Research
Themes
  • Artificial Intelligence Market Research
  • IIOT Market Research
  • IOT Market Research
  • Big Data Analytics Market Research
  • Robotics Market Research
  • Brexit
  • Femtech Market Research
  • Fintech
© 2021 Frost & Sullivan. All Rights Reserved.

Login

 
Forgot Your Password?
loading please wait

Don't have an account? Create One!

Forgot Your Password?

Enter your Email Address here to receive a link to change password.

loading please wait

New User? Sign Up

If you are an existing frost.com user, please register using the same email for seamless access

Please Fill Recaptcha To Continue
loading please wait

Already have an account? Login!

Please Enter your twitter email

loading please wait
Already have an account? Login!

Connect With LinkedIn

Use your Linkedin account to login or register within our store.You're just one click away.