Global Military Exoskeleton Market – Industry Trends and Forecast to 2030

The Military Exoskeleton market is experiencing robust expansion, with market size projected to increase from 2024 to 2030, demonstrating a consistent year-over-year growth rate of 12.41%. Military Exoskeleton Market Size, Share, Competitive Landscape and Trend Analysis Report, by Types (Full Body Exoskeleton, Partial Body Exoskeleton), , by Power Outlook (Active Exoskeleton, Passive Exoskeleton), by Body Part Outlook (Upper Body, Lower Body, Full Body) And regions (North America (United States, Canada, Mexico), South America (Brazil, Argentina, Chile, Rest of South America), Europe (Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA (Middle East, Africa)) : Industry Forecast and Opportunity Analysis for 2024 - 2030

The Military Exoskeleton market deals with wearable exoskeleton suits that are designed, manufactured, and fielded for use by soldiers. Powered or passive suits are worn by people to increase human abilities related to the battlefield. Unlike traditional armour or protective gear, these exoskeletons do much more than just protect; they provide a range of functionalities in order to enhance a soldier's physical abilities. Military exoskeletons can be full-body suits or partial ones focused on the limbs. Powered exoskeletons may be electric, hydraulic, or both in some cases, powering technology with added strength and endurance. It is the constant innovation in enhancing a soldier's performance, reducing injuries, and so improving overall battlefield effectiveness that seems to drive the market forward for military exoskeletons.

Military Exoskeleton Report Highlights

Report Metrics	Details
Forecast period	2019-2030
Base Year Of Estimation	2023
Growth Rate	CAGR of 12.41%
By Product Type	Full Body Exoskeleton, Partial Body Exoskeleton
Key Market Players	BAE Systems (UK) Bionic Power Inc. (Canada) Ekso Bionics (US) General Atomics (US) Lockheed Martin Corporation (US) Raytheon Company (US) Revision Military (US) Safran (France) SpringActive (US)
By Region	North America (United States, Canada, Mexico) South America (Brazil, Argentina, Chile, Rest of South America) Europe (Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe) Asia Pacific (China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific) MEA (Middle East, Africa)

Military Exoskeleton Market Leading Players

The key players profiled in the report are BAE Systems (UK), Bionic Power Inc. (Canada), Ekso Bionics (US), General Atomics (US), Lockheed Martin Corporation (US), Raytheon Company (US), Revision Military (US), Safran (France), SpringActive (US)

Growth Accelerators

Several factors are pumping up the military exoskeleton market, reflecting the possible dividends for the suits that might come out of this for soldiers. This may one day revolutionise army operations by enhancing the physical abilities of each soldier: powered exoskeletons can grant a person additional strength and endurance to sustain themselves with heavier weights, work on adverse terrain for a longer period, and maybe even bear more powerful weapons. As such, this would mean higher operational effectiveness and a tactical advantage on the battlefield. Reduced Soldier Injuries: The physical stress of having to bear heavy personal equipment and the rigours of long road marches can quickly render a soldier fatigued and at risk from musculoskeletal injury. Exoskeletons that are passive can provide important skeletal support, hence decreasing the physical stress and the potential for injury. This improves not only the welfare of soldiers but also ensures a more deployable, healthier fighting force. These very factors are opening up huge opportunities for the military exoskeleton market. Across the world, governments are readily investing in research and development to arm their militaries with these next-generation technologies.

Military Exoskeleton Market Segmentation analysis

The Global Military Exoskeleton is segmented by Type, and Region.
By Type, the market is divided into Distributed Full Body Exoskeleton, Partial Body Exoskeleton . Geographically, the market is assessed across key Regions like North America (United States, Canada, Mexico), South America (Brazil, Argentina, Chile, Rest of South America), Europe (Germany, France, Italy, United Kingdom, Benelux, Nordics, Rest of Europe), Asia Pacific (China, Japan, India, South Korea, Australia, Southeast Asia, Rest of Asia-Pacific), MEA (Middle East, Africa) and others, each presenting distinct growth opportunities and challenges influenced by the regions.

Competitive Landscape

The military exoskeleton market is small and highly specialised, with a very different competitive structure. Some of the following trends are unfolding in the Military Exoskeletons market: Focus on Technological Innovation: The development of military exoskeletons is based on continuous improvements to technology in general, not only in material science and robotics but also in the technology of batteries. Key players are making huge investments in R&D to make the exoskeleton lighter, stronger, and more functional. Low Entry Probability: High development, research, and testing costs make entry hard for new entrants. There is a high dominance in the market by established defence contractors and tech companies with very strong relationships with the government. Government contracts in the development and fielding of military exoskeletons would be a stepping stone to market share and growth in the future.

Challenges In Military Exoskeleton Market

There are a series of factors that have come in the way of wide-scale adoption within the military exoskeleton market: High development and implementation costs: Military exoskeletons are complicated machines that call for advanced materials, sophisticated engineering, and robust control systems. This comes at a cost in terms of their high development and production costs. Furthermore, integrating the exoskeletons into existing military trainings and deployments also entails extra investment in infrastructure and logistics. Weighing probable benefits against the high upfront costs poses a challenge to military budgets. The technological limitations to user comfort—exoskeleton technology is still in its infancy stage. Current iterations may be bulky, inhibit the natural movement of a user, or may not possess the dexterity necessary for more complicated tasks. Powered exoskeletons can also be limited by battery life. Ensuring that users are comfortable and safe when wearing an exoskeleton continuously is paramount. Military personnel require an exoskeleton that is comfortable and adjustable to various body shapes and does not interfere with natural movement and situational awareness.

Key Target Audience

The Military Exoskeleton has mainly two important audiences in its view within the defence sector.,, Military Personnel: Deployed military personnel in several combat and non-combat roles are the end users of military exoskeletons. Such suits aim to address the physiological demands that need to be faced by soldiers in different situations.,, Military Research and Development Departments: Government departments and military research institutes are at the forefront, driving the military exoskeleton market. These departments preside over developing, testing, and evaluating the technologies pertaining to exoskeletons for military applications. Funding initiated by these departments sets a tone for the direction in which the Military Exoskeleton Market should head in order to achieve a workable and useful solution for soldiers.

Merger and acquisition

Although the Military Exoskeleton market is young—and therefore major acquisitions are not as frequent as in more mature sectors—there is a fast-growing trend for collaboration and strategic partnerships to accelerate development and innovation. Lockheed Martin and Textron Systems: These are the two major contractors in the US defence industries that teamed up in 2019 to combine their respective exoskeleton technologies. By working together, the team would integrate experience that Lockheed Martin had accrued from its powered exoskeleton designs, like HULC, and experience Textron had gathered in ground autonomous vehicles in an attempt to possibly come up with more advanced designs for military exoskeletons. BAE Systems and REACTIVE Systems: Back in 2020, one of the largest military technology providers in the world, BAE Systems, cooperated with a company working on the development of human exoskeletons for industrial purposes: REACTIVE Systems. This cooperation was aimed at using technology developed in industrial exoskeletons for possible military applications. Such partnerships bring value through the combination of experience from both parties and different sectors in the development of military exoskeleton designs.