The global market for Military Exoskeleton was estimated at US$1.8 Billion in 2024 and is projected to reach US$3.7 Billion by 2030, growing at a CAGR of 12.9% from 2024 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. The report includes the most recent global tariff developments and how they impact the Military Exoskeleton market.
Recent trends in the development and deployment of military exoskeletons highlight significant technological advancements and increased interest from defense organizations worldwide. Innovations in battery technology and energy management have addressed one of the primary challenges of exoskeletons: power supply. Modern exoskeletons are now equipped with longer-lasting batteries and more efficient power systems, allowing for extended operation in the field. Furthermore, the integration of artificial intelligence (AI) and machine learning algorithms has enhanced the functionality of these devices, enabling adaptive responses to the wearer`s movements and the surrounding environment. Research and development efforts are also focusing on improving the ergonomics and usability of exoskeletons, ensuring that they can be quickly donned and doffed and are compatible with existing military gear. The integration of advanced AI into exoskeleton technology is expected to improve situational awareness, combat performance and efficiency of each individual soldier, as well as reduce the risk to life on the battlefield. Collaborations between military agencies, research institutions, and private companies have accelerated the pace of innovation, leading to the emergence of more sophisticated and versatile exoskeleton systems.
The growth in the military exoskeleton market is driven by several factors. Technological advancements, particularly in AI, robotics, and material science, have significantly enhanced the performance and reliability of exoskeletons, making them more viable for practical use in military operations. The increasing need for modern militaries to enhance soldier performance and reduce injury rates is a key driver, as exoskeletons can mitigate the physical strain on soldiers and improve overall combat readiness. Additionally, the rise in asymmetric warfare and the need for versatile and agile ground forces have fueled demand for technologies that can provide tactical advantages. Defense budgets in many countries are allocating more resources towards advanced soldier systems, recognizing the strategic benefits of exoskeletons in both combat and support roles. Furthermore, the successful field testing and deployment of exoskeletons in various military exercises and missions have demonstrated their potential, encouraging further investment and adoption. These factors collectively contribute to the robust expansion of the military exoskeleton market, ensuring ongoing innovation and integration into military strategies.
Global Military Exoskeleton Market - Key Trends & Drivers Summarized
Military exoskeletons represent a cutting-edge innovation in defense technology, designed to enhance the physical capabilities of soldiers on the battlefield. These wearable robotic suits are engineered to augment human strength, endurance, and mobility, allowing soldiers to carry heavier loads, move faster, and reduce fatigue during extended missions. The primary components of military exoskeletons include powered joints, sensors, and control systems that work in tandem to support and amplify the wearer`s movements. Advanced materials, such as lightweight alloys and high-strength composites, are used to ensure that these exoskeletons are both durable and comfortable for extended use. As a result, military exoskeletons not only improve individual soldier performance but also have the potential to revolutionize military logistics and operational efficiency.Recent trends in the development and deployment of military exoskeletons highlight significant technological advancements and increased interest from defense organizations worldwide. Innovations in battery technology and energy management have addressed one of the primary challenges of exoskeletons: power supply. Modern exoskeletons are now equipped with longer-lasting batteries and more efficient power systems, allowing for extended operation in the field. Furthermore, the integration of artificial intelligence (AI) and machine learning algorithms has enhanced the functionality of these devices, enabling adaptive responses to the wearer`s movements and the surrounding environment. Research and development efforts are also focusing on improving the ergonomics and usability of exoskeletons, ensuring that they can be quickly donned and doffed and are compatible with existing military gear. The integration of advanced AI into exoskeleton technology is expected to improve situational awareness, combat performance and efficiency of each individual soldier, as well as reduce the risk to life on the battlefield. Collaborations between military agencies, research institutions, and private companies have accelerated the pace of innovation, leading to the emergence of more sophisticated and versatile exoskeleton systems.
The growth in the military exoskeleton market is driven by several factors. Technological advancements, particularly in AI, robotics, and material science, have significantly enhanced the performance and reliability of exoskeletons, making them more viable for practical use in military operations. The increasing need for modern militaries to enhance soldier performance and reduce injury rates is a key driver, as exoskeletons can mitigate the physical strain on soldiers and improve overall combat readiness. Additionally, the rise in asymmetric warfare and the need for versatile and agile ground forces have fueled demand for technologies that can provide tactical advantages. Defense budgets in many countries are allocating more resources towards advanced soldier systems, recognizing the strategic benefits of exoskeletons in both combat and support roles. Furthermore, the successful field testing and deployment of exoskeletons in various military exercises and missions have demonstrated their potential, encouraging further investment and adoption. These factors collectively contribute to the robust expansion of the military exoskeleton market, ensuring ongoing innovation and integration into military strategies.
SCOPE OF STUDY:
The report analyzes the Military Exoskeleton market in terms of units by the following Segments, and Geographic Regions/Countries:- Segments: Type (Partial-Body, Full-Body); Power (Passive, Active)
- Geographic Regions/Countries: World; USA; Canada; Japan; China; Europe; France; Germany; Italy; UK; Rest of Europe; Asia-Pacific; Rest of World.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Partial-Body segment, which is expected to reach US$2.5 Billion by 2030 with a CAGR of a 13.3%. The Full-Body segment is also set to grow at 12.3% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, valued at $512.6 Million in 2024, and China, forecasted to grow at an impressive 15.3% CAGR to reach $465.6 Million by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Military Exoskeleton Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Military Exoskeleton Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Military Exoskeleton Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2024 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of players such as Lockheed Martin Corporation, BAE Systems PLC, SRI International, Bionic Power Inc., B-Temia Inc. and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
Some of the 16 companies featured in this Military Exoskeleton market report include:
- Lockheed Martin Corporation
- BAE Systems PLC
- SRI International
- Bionic Power Inc.
- B-Temia Inc.
- Ekso Bionics Holdings Inc.
- Ny New York Trading, Inc.
This edition integrates the latest global trade and economic shifts as of June 2025 into comprehensive market analysis. Key updates include:
- Tariff and Trade Impact: Insights into global tariff negotiations across 180+ countries, with analysis of supply chain turbulence, sourcing disruptions, and geographic realignment. Special focus on 2025 as a pivotal year for trade tensions, including updated perspectives on the Trump-era tariffs.
- Adjusted Forecasts and Analytics: Revised global and regional market forecasts through 2030, incorporating tariff effects, economic uncertainty, and structural changes in globalization. Includes segmentation by product, technology, type, material, distribution channel, application, and end-use, with historical analysis since 2015.
- Strategic Market Dynamics: Evaluation of revised market prospects, regional outlooks, and key economic indicators such as population and urbanization trends.
- Innovation & Technology Trends: Latest developments in product and process innovation, emerging technologies, and key industry drivers shaping the competitive landscape.
- Competitive Intelligence: Updated global market share estimates for 2025, competitive positioning of major players (Strong/Active/Niche/Trivial), and refined focus on leading global brands and core players.
- Expert Insight & Commentary: Strategic analysis from economists, trade experts, and domain specialists to contextualize market shifts and identify emerging opportunities.
- Complimentary Update: Buyers receive a free July 2025 update with finalized tariff impacts, new trade agreement effects, revised projections, and expanded country-level coverage.
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Lockheed Martin Corporation
- BAE Systems PLC
- SRI International
- Bionic Power Inc.
- B-Temia Inc.
- Ekso Bionics Holdings Inc.
- Ny New York Trading, Inc.
Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 168 |
| Published | July 2025 |
| Forecast Period | 2024 - 2030 |
| Estimated Market Value ( USD | $ 1.8 Billion |
| Forecasted Market Value ( USD | $ 3.7 Billion |
| Compound Annual Growth Rate | 12.9% |
| Regions Covered | Global |
