Enjoy complimentary customisation on priority with our Enterprise License!
The wearable robots and exoskeletons market size is forecast to increase by USD 10.82 billion at a CAGR of 46.02% between 2023 and 2028. The market is experiencing significant growth due to several key drivers. One major factor is the increasing focus on workplace protection, particularly in industries such as construction, where workers are at risk of strain injuries. To address this, companies are developing advanced wearable technologies, including exoskeletons with artificial tendons and motor systems that reduce strain and improve mobility. Another trend in the market is the integration of connected sensor technology and mechanical energy recovery systems in both passive and powered exoskeletons. However, the high cost of these advanced wearable robots and exoskeletons remains a challenge for widespread adoption.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Market Segmentation by Application
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Quick Report Overview:
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.
Get the report (PDF) sent to your email within minutes.