MRO Magazine

Wearable Robots, Exoskeletons Worth $2.1 Billion by 2021 – Significant Role in Warehouse Management & Manufacturing – Research and Markets

May 6, 2016
By Business Wire News


Research and Markets has announced the addition of Wintergreen Research, Inc’s new report “Wearable Robots, Exoskeleton: Market Shares, Strategies, and Forecasts, Worldwide, 2016-2021” to their offering.

Wearable robots, and exoskeletons units, are evolving additional functionality rapidly. Wearable robots functionality is used to assist personal mobility via exoskeleton robots. They promote upright walking and relearning of lost functions. Exoskeletons are helping older people move after a stroke. Exoskeletons deliver higher quality rehabilitation, and provide the base for a growth strategy for clinical facilities.

Exoskeletons support occupational heavy lifting. Exoskeletons are poised to play a significant role in warehouse management, ship building, and manufacturing. Usefulness in occupational markets is being established. Emerging markets promise to have dramatic and rapid growth.

Industrial workers and war-fighters can perform at a higher level when wearing an exoskeleton. Exoskeletons can enable paraplegics to walk again. Devices have the potential to be adapted further for expanded use in healthcare and industry. Elderly people benefit from powered human augmentation technology. Robots assist wearers with walking and lifting activities, improving the health and quality of life for aging populations.

Exoskeletons are being developed in the U.S., China, Korea, Japan, and Europe. They are useful in medical markets. They are generally intended for logistical and engineering purposes, due to their short range and short battery life. Most exoskeletons can operate independently for several hours. Chinese manufacturers express hope that upgrades to exoskeletons extending the battery life could make them suitable for front-line infantry in difficult environments, including mountainous terrain.

Key Topics Covered:

1. Wearable Robot Exoskeleton Market Description and Market Dynamics

2. Exoskeleton Market Shares and Market Forecasts

3. Wearable Robot Exoskeleton Products

4. Exoskeleton Technology

5. Exoskeleton Company Profiles

Companies Profiled:

  • AlterG
  • BAE Systems Panasonic
  • Bionik Laboratories / Interactive
  • Catholic University of America
  • China North Industries Group Corporation (NORINCO)
  • Cyberdyne Sarcos
  • Ekso Bionics
  • Fanuc
  • Hocoma
  • Honda Daewoo
  • Interaxon
  • KDM
  • Lockheed Martin Daewoo
  • Lopes Gait Rehabilitation Device
  • Motion Technologies (IMT)
  • Myomo
  • Noonee Revision Military
  • Orthocare Innovations
  • Parker Hannifin
  • ReWalk Robotics
  • Reha Technology
  • Revision Military
  • Rex Bionics
  • Robotdalen
  • Rostec
  • Sarcos
  • Shepherd Center
  • Socom (U.S. Special Operations Command)
  • Trek Aerospace
  • United Instrument Manufacturing Corporation
  • University of Twente

For more information visit

Research and Markets
Laura Wood, Senior Manager
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