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Wearable Robots, Industrial Exoskeletons: Market Shares, Market Strategies, and Market Forecaststo 2021

Monday, November 14, 2016 3:19
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Industrial workers and warfighters can perform at a higher level when wearing an exoskeleton. Exoskeletons can enable aerospace workers to work more efficiently when building or repairing airplanes. Industrial robots are very effective for ship building where heavy lifting can injure workers.

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Exoskeleton devices have the potential to be adapted further for expanded use in every aspect of industry. Workers benefit from powered human augmentation technology because they can offload some of the dangerous part of lifting and supporting heavy tools. Robots assist wearers with lifting activities, improving the way that a job is performed and decreasing the quantity of disability. For this reason it is anticipated that industrial exoskeleton robots will have very rapid adoption once they are fully tested and proven to work effectively for a particular task.

Wearable Robots, Exoskeletons at $36.5 million in 2015 are anticipated to reach $2.1 billion by 2021. All the measurable revenue in 2015 is from medical exoskeletons. New technology from a range of vendors provides multiple designs that actually work and will be on the market soon. This bodes well for market development.

Market Leaders

Ekso Bionics

Sarcos / Raytheon

Lockheed Martin

Daewoo

BAE Systems

Download sample copy of this report @ http://www.bigmarketresearch.com/request-sample/610757

Market Participants

AlterG

Ekso Bionics

Hocoma

Parker Hannifin

Revision Military

ReWalk Robotics

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