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(USGovernment-News.Com, March 16, 2018 ) An exoskeleton is a wearable that is powered by a system of electric motors, hydraulics, levers, pneumatics, or by a combination of technologies, which enable limb movement with additional strength and endurance limits for the wearer.
Publisher's analysts forecast the global military exoskeleton market to grow at a CAGR of 65.19% during the period 2017-2021.
One of the primary drivers for this market is the increasing need for integrated soldier suites. The dynamically evolving warfare mechanisms has compelled several nations in developing military suits or body armor for their armed forces. Although there have been innovations and developments attached with these military wearables, their basic functionality includes the provision of added strength, efficiency, and combat capabilities to the armed troops. Also, the NATO countries, in particular, are pursuing some future soldier modernization programs, which would equip the soldiers with advanced features such as improved situational awareness, enhanced vision, increased combat capabilities, and higher strengths and endurance limits.
Key vendors - Bionic Power - General Atomics - Lockheed Martin - Raytheon - Safran
Other prominent vendors - 20 Knots Plus - Revision Military - SpringActive - SRI International
Market challenge - Lesser penetration in developing countries
Market trend - Advent of soft and flexible suits
Fundamentals of Table of Content:
PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Global construction market PART 06: Market drivers PART 07: Market trends PART 08: Global AEC market PART 09: Market segmentation by product PART 10: Geographical segmentation PART 11: Market challenges PART 12: Impact of drivers and challenges PART 13: Five forces model PART 14: Key vendor analysis PART 15: Key vendor profiles
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