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Los Angeles, CA -- (SBWIRE) -- 12/22/2018 -- This study researches the market size of Powered Exoskeleton in United States, European Union and China, presents the Powered Exoskeleton production, consumption, value, product price, market share and growth rate by companies, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2013 to 2018.
Powered Exoskeleton market is a wearable high-tech robotic device used for limb movement with increased strength and endurance.
The rapid development of science and technology especially in the field of healthcare has paved a way for mitigation of neural, physical disorder by Powered Exoskeleton. Moreover, the concept of externally powered skeleton systems is widely adopted for Astronomy and Defense sector. Increase in physically challenged population, the rise in demand for rehabilitation therapy and adoption of this technology in military and defense are the actuating factors for the growth of this market. There is a demand for industrial robots in industries for carrying heavy weights which can boost the demand for this market.
In 2018, the market size of Powered Exoskeleton is 67 million US$ and it will reach 1590 million US in 2025, growing at a CAGR of 48.5% from 2018; while in China
In this report, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Powered Exoskeleton.
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In United States, European Union and China market, the following companies are covered:
CHINA NORTH INDUSTRIES GROUP CORPORATION (NORINCO)
Market Segment by Product Type
Market Segment by Application
Others (space, shipping)
Key Regions split in this report:
Rest of World (Japan, Korea, India and Southeast Asia)
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