France Exoskeleton Market Size & Outlook, 2023-2030
France exoskeleton market, 2016-2030 (US$M)
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France exoskeleton market highlights
- The France exoskeleton market generated a revenue of USD 4.5 million in 2023 and is expected to reach USD 10.2 million by 2030.
- The France market is expected to grow at a CAGR of 12.2% from 2024 to 2030.
- In terms of segment, lower body was the largest revenue generating extremities in 2023.
- Upper Body is the most lucrative extremities segment registering the fastest growth during the forecast period.
Exoskeleton market data book summary
| Market revenue in 2023 | USD 4.5 million |
| Market revenue in 2030 | USD 10.2 million |
| Growth rate | 12.2% (CAGR from 2023 to 2030) |
| Largest segment | Lower body |
| Fastest growing segment | Upper Body |
| Historical data | 2016 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Upper Body, Lower Body, Full Body |
| Key market players worldwide | Ekso Bionics Holdings Inc, Lockheed Martin Corp, Ottobock, Rex Bionics, Rewalk Robotics Ltd, Cyberdyne Inc, Panasonic Holdings Corp, Hocoma, RB3D |
Other key industry trends
- In terms of revenue, France accounted for 3.0% of the global exoskeleton market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany exoskeleton market is projected to lead the regional market in terms of revenue in 2030.
- Denmark is the fastest growing regional market in Europe and is projected to reach USD 3.6 million by 2030.
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Exoskeleton Market Scope
Exoskeleton Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
France exoskeleton market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to exoskeleton market will help companies and investors design strategic landscapes.
Lower body was the largest segment with a revenue share of 42.22% in 2023. Horizon Databook has segmented the France exoskeleton market based on upper body, lower body, full body covering the revenue growth of each sub-segment from 2016 to 2030.
France has developed an electric-powered exoskeleton called Hercule for military use. The exoskeleton is lightweight, agile, and easy to use. It is a robotic exoskeleton developed by a French company called RB3D, which was funded by the French military procurement agency, Direction Générale de l'Armement (DGA).
Apart from military applications, Hercule is applicable for nonmilitary use to support construction workers, firefighters, transportation of heavy equipment, and manage disabled patients. The Hercule has been described to be a collaborative exoskeleton or “a cobot” to carry heavy loads, which aids workers in performing difficult tasks in manufacturing and engineering production line.
In addition, Wandercraft is another venture in France that provides exoskeleton for rehabilitation after spinal cord injury. As of 2019, the company received total funding of USD 28.87 million. Hence, increasing application of exoskeletons for industrial, healthcare, and military purposes is driving market growth.
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Horizon Databook provides a detailed overview of country-level data and insights on the France exoskeleton market , including forecasts for subscribers. This country databook contains high-level insights into France exoskeleton market from 2016 to 2030, including revenue numbers, major trends, and company profiles.
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France exoskeleton market size, by extremities, 2016-2030 (US$M)
France Exoskeleton Market Outlook Share, 2023 & 2030 (US$M)
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