Market Report Predicts That Robotic Exoskeleton Market Could Reach $1.9 Billion in 2025

ABI Research recently released its latest market report, this time on the robotic exoskeleton market.

Per the report, the market is predicted to reach $1.8 billion in 2025, up from $68 million in 2014, for a CAGR of 39.6%. Lower-body exoskeletons currently lead the sector, according to a media release from ABI Research.

However, commercial systems that augment or amplify capabilities will exhibit the strongest growth moving forward. This is especially true for industrial tasks requiring heavy lifting, extended standing, squatting, bending or walking in manufacturing facilities, particularly within construction and agriculture industries, the release continues.

For more information, visit ABI Research.

[Source(s): ABI Research, PR Newswire]