No.2768
Powered Exoskeleton (Powered Suits) Market in Japan: Key Research Findings 2021
Despite Small Market Size Powered Exoskeleton Has Room to Expand
Yano Research Institute (the President, Takashi Mizukoshi) conducted a survey on the domestic powered exoskeleton market, and found out the product trends by segment, the trends of market players, and future perspectives.
Market Overview
The powered exoskeleton market in FY2021, based on the shipment value at manufacturers, is estimated to increase by 32.0% from the previous fiscal year to 2,249 million yen, though the market size has been almost flat during FY2020.
As new products are planned to be released in FY2021, the market is expected to enter a new phase that is quite different from before.
Noteworthy Topics
With New Product Releases by Major Manufacturers, Upper-Arm-Assisting Powered Exoskeletons May Suddenly Turn to an Expansion
Upper-arm support is one of task assistance available mainly by passive exoskeletons. Recently, those types that use pieces of spring as their power source attract attention, encouraged by increased new market entry, as a new purpose (application) of powered exoskeletons.
Though there are not many companies entering the market, new entry by a major company can bring about unprecedented demand exploration. As mass-produced passive types of powered exoskeletons started being offered at low prices, the volume-based market size in FY2021 is expected to expand and the value-based size to take an upturn.
Future Outlook
The powered exoskeleton market until FY2020 stably expanded in accordance with increase in volume-based sales of mass-manufactured low-price products. The phase of powered exoskeletons being purchased from curiosity and novelty is likely to end, and being used as a utility is to steadily spread hereafter.
Rather than pursing immediate shipment volume, each manufacturer of powered exoskeletons has started supporting and driving the users to master using of the products as a necessity in their daily lives. Increasing release of the second-generation products developed from the users’ points of view is expected to enter a next stage where powered exoskeletons are used as a utility.
Research Outline
2.Research Object： Domestic powered exoskeleton manufacturers, distributors, companies and organizations assisting the research and development for powered exoskeleton, relevant government offices
3.Research Methogology： Face-to-face interviews by the expert researchers, surveys via telephone/email, and literature research
The Powered Exoskeleton Market
Powered exoskeletons (a.k.a. PAS, powered suits) in this research refer to those that aim at assisting the user actions and posture by wearing them. This research targets those equipped with power source or mechanical structure.
There are two types in powered exoskeletons: Active type which drives power source from external energy to generate assisting power; and Passive type which perceives the actions and changes in posture of the wearer and turn them as the energy for assisting and reducing the labor on muscle activities of the wearer.
＜Products and Services in the Market＞
Powered exoskeletons aiming at walking assistance, task assistance (maintenance of posture, lifting assistance, upper-arm support, and other objectives)
Published Report
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