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Wearable Soft Robotics Market Industry Demand, Growth Analysis and Forecast by 2029.

Submitted by Simran4you on Wed, 06/21/2023 - 12:09

Data Bridge Market Research has unveiled a new report called "Wearable Soft Robotics Market" which provides an in-depth exploration of growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and the competitive landscape. The "Wearable Soft Robotics Market" marketing report offers an in-depth investigation of the market driving factors, opportunities, restraints, and challenges for obtaining crucial insight of the market. Such a brilliant report has been prepared by a team of enthusiastic analysts, skilled researchers, and experienced forecasters who work meticulously for the same. The wide-ranging market research report presents intelligent solutions to versatile business challenges and instigates an effortless decision-making process.

Global wearable soft robotics market was valued at USD 534.20 million in 2021 and is expected to reach USD 7530.40 million by 2029, registering a CAGR of 39.20% during the forecast period of 2022-2029.

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Market Definition:

The rheological and elastic properties of the soft robots allow them to adapt the desired shape, withstand obstacles, and perform a broad range of tasks even in harsh environmental conditions. The wearable soft robots are designed to focus on sensors and actuators of motion.

Some of the major players operating in the wearable soft robotics market are

CYBERDYNE INC. (Japan)
Ekso Bionics (U.S.)
FANUC CORPORATION (Japan)
FRANKA EMIKA GmbH (Germany)
GLI Technologies (Germany)
Piab AB (Sweden)
ReWalk Robotics (U.S.)
RightHand Robotics, Inc. (U.S.)
Rolls-Royce (U.K.)
SynTouch Inc. (U.S.)
Ubiros (U.S.)
Universal Robots (Denmark)
TECHMAN ROBOT INC. (Taiwan)
ABB (Switzerland)
KUKA AG (Germany)
YASKAWA ELECTRIC CORPORATION. (Japan)
AUBO (BEIJING) ROBOTICS TECHNOLOGY CO., LTD (Beijing)
INDIA KAWASAKI MOTORS PVT. LTD. (Japan)
Ekso Bionics (U.S.)
F&P Robotics AG (Switzerland)
Kawada Industries Inc. (Japan)

Global Wearable Soft Robotics Market Scope

The wearable soft robotics market is segmented on the basis of components, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Components

Hardware
Software

Applications

Human-Machine Interface and Interaction
Locomotion and Exploration
Manipulation
Medical and Surgical Application
Rehabilitation and Wearable Robots
R&D of Humanoids

End-Users

Logistics
Medical and Healthcare
Automotive
Food and Beverages
Advanced Manufacturing
E-Commerce and Retail
Others

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Wearable Soft Robotics Market Regional Analysis/Insights

The wearable soft robotics market is analyzed and market size insights and trends are provided by components, application and end-user as referenced above.

The countries covered in the wearable soft robotics market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America

North America dominates the wearable soft robotics market because of the development of data center along with introduction of 5G network within the region.

Asia-Pacific is expected to witness significant growth during the forecast period of 2022 to 2029 due to the rising demand of high speed connectivity devices within the region.

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