Technology

Global Exoskeleton Robots Business Report 2024-2030: As Defense Departments Lean towards Advanced Technologies, Opportunities Galore for Military Exoskeleton Robots

Published

2 years ago

February 23, 2024

DUBLIN, Feb. 23, 2024 /PRNewswire/ — The “Exoskeleton Robots – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.

Global Exoskeleton Robots Market to Reach $4.6 Billion by 2030

The global market for Exoskeleton Robots estimated at US$489.9 Million in the year 2022, is projected to reach a revised size of US$4.6 Billion by 2030, growing at a CAGR of 32.2% over the analysis period 2022-2030. Hardware, one of the segments analyzed in the report, is projected to record 30.2% CAGR and reach US$3.2 Billion by the end of the analysis period. Growth in the Software segment is estimated at 38.4% CAGR for the next 8-year period.

The report heralds the arrival of the age of robotics, highlighting exciting new technologies driving growth, particularly in the realm of exoskeleton robots. It explores the future of human augmentation, bridging science fiction with reality through wearable machines designed to augment human strength.

An overview of active and passive exoskeletons is provided, along with key applications across various sectors. Amidst a global economic update, the report underscores the shift towards an endemic COVID-19 strategy and its implications for managing future pandemics, alongside the impact of inflationary pressures driven by geopolitical tensions.

COVID-19 is identified as a major catalyst for the deployment of full-body, powered exoskeletons, particularly in senior care facilities and military training, despite disruptions. This has led to a surge in demand, particularly for mobile exoskeletons, with high adoption rates observed in medical and military applications. The report also offers a glance at select exoskeletons across various sectors and provides insights into recent market activities, as well as influencer, product, and technology insights, shaping the trajectory of the exoskeleton robotics market.

The U.S. Market is Estimated at $210.3 Million, While China is Forecast to Grow at 40.9% CAGR

North America is highlighted as the most lucrative market for exoskeleton robots. The competitive landscape is examined, including key competitors’ market share percentages and their presence in the market.

The Exoskeleton Robots market in the U.S. is estimated at US$210.3 Million in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$783 Million by the year 2030 trailing a CAGR of 40.9% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 25.8% and 33.8% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 31.3% CAGR.

MARKET TRENDS & DRIVERS

The Growing World of Human Augmentation Bodes Well for Exoskeleton Designs for Enhancing Human PerformanceWhy Exoskeleton Robots Hold RelevanceAdvancing Technology for Human Augmentation Paving the Way for New Design Concepts in ExoskeletonsHow AI Technology is Revolutionizing Robotic ExoskeletonsRecent Technological Advancements in Exoskeleton Robots Fuel Growth ProspectsInnovations in Exoskeleton Robots Opening New Avenues for Jaw RehabilitationResearchers Develop Wearable Robot to Support WalkingAI-Based Exoskeleton Holds Capability to Estimate User IntentionsSarcos Robotics Unveils Guardian XOInnovative Robotic Boot Turns Heads with Incredible Improvement in Walking SpeedHealthcare Sector Steers Momentum in the Exoskeleton Robots MarketRehabilitation Exoskeleton Robots Set to Make Big GainsPotential Implications of Exoskeleton Robots for Physical RehabilitationExoskeleton Robots Helping Paraplegics to Walk AgainIncreasing Incidence of Neurological, Musculoskeletal and Chronic Medical Conditions to Steer AdoptionImportance of Physical Therapy for Stroke Survivors Bodes WellSelect Arm and Hand Robotic DevicesSelect Leg and Foot Robotic DevicesRising Incidence of Physical Disabilities Steers Importance of Rehabilitation RobotsGrowing Geriatric Population & Parallel Rise in Prevalence of Age-Related Conditions: Strong Business Case for Rehabilitation Exoskeleton RobotsRising Care Costs & Shortage of Home Care Workers for Disabled and Elderly Turn Focus onto Rehabilitation RobotsResolving Prevailing Issues & Challenges: Critical for Future Success of Rehabilitation Exoskeleton RobotsExoskeleton Robots Poised to Transform Industrial SectorExoskeleton Robots to Play a Vital Role in Transforming Industries and SocietyWhy Robotic Exoskeletons are a Huge Draw for Modern Industrial Landscape?Industrial Exoskeleton Robots Promise Increased Worker Productivity & Reduced Workplace InjuriesCurrent Trends in Industrial Automation & Industry 4.0 Favor UptakeAs Defense Departments Lean towards Advanced Technologies, Opportunities Galore for Military Exoskeleton RobotsNew Range of Military Exoskeletons Come to the Fore to Address Stringent Requirements of Infantry SquadsEmphasis on Soldier Protection & Strengthening Infantry Capabilities Widen the Business CaseExoskeleton Robots Augment Military Wearable TechnologyAI Steps into Reinforce Military Exoskeleton RobotsUS Marines Test Real-Life Exoskeleton RobotsConstruction Sector: A Niche Domain for Exoskeleton RobotsAdvancements in Exoskeleton Technology for Construction IndustryExoskeleton Suits Make Big Inroads in Automotive Industry to Lighten Worker LoadMovers Move without Pauses with Robotic Exoskeleton TechnologySmart Exoskeleton Market Poised to Witness Robust GrowthSmart Textiles to Play an Important Role in the Development of Smart ExoskeletonsMajor Challenges Associated with Exoskeleton RobotsLack of Standards Holding Back Exoskeleton Adoption

FOCUS ON SELECT PLAYERS (Total 100 Featured)

AiTreat Pte. Ltd.Cyberdyne, Inc.BIONIK Laboratories CorporationEkso Bionics Holdings, Inc.HandyRehabKUKA AGLockheed Martin CorporationOttobock SE & Co. KGaASarcos CorporationTyromotion GmbH

For more information about this report visit https://www.researchandmarkets.com/r/lafw4e

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SOURCE Research and Markets

Technology

Peninsula Visa Launches Comprehensive OCI Processing Services

Published

15 minutes ago

May 3, 2026

Peninsula Visa, a trusted leader in immigration and visa processing services with over 50 years of expertise, today announced the launch of its comprehensive Overseas Citizen of India (OCI) processing services. To celebrate this milestone, Peninsula Visa is offering new users an exclusive 20% discount with promo code OCI20 at checkout.

SAN JOSE, Calif., May 3, 2026 /PRNewswire-PRWeb/ — Peninsula Visa, a trusted leader in immigration and visa processing services with over 50 years of expertise, today announced the launch of its comprehensive Overseas Citizen of India (OCI) processing services. To celebrate this milestone, Peninsula Visa is offering new users an exclusive 20% discount with promo code OCI20 at checkout.

For 50 years, Peninsula Visa has helped families navigate immigration. OCI processing is one of our most impactful services, connecting the Indian diaspora to their heritage. We’re proud to bring our expertise to help families secure OCI status with confidence. Evan James, CEO

A Full Suite of OCI Services

Peninsula Visa’s OCI services cover every stage of the OCI lifecycle, ensuring that members of the Indian diaspora receive expert support from start to finish.

The four service types now available are:

New OCI Application — For foreign nationals of Indian origin, spouses of Indian citizens or existing OCI card holders, and minor children with at least one Indian parent applying for OCI status for the first time.OCI Card Renewal — For card holders whose OCI card has expired, or whose linked passport has been renewed or replaced and requires an updated booklet.Re-issuance (Age Milestones) — OCI cards must be re-issued when minors reach the age of 18 and again when card holders turn 50, due to significant changes in appearance. Peninsula Visa guides clients through both transitions seamlessly.Miscellaneous OCI Services — Covering corrections to existing records, lost or damaged card replacement, address changes, and other administrative updates to the OCI file.

Why Choose Peninsula Visa for Your OCI Application

Peninsula Visa brings decades of institutional knowledge and a client-first philosophy to every OCI case.

Key value propositions include:

Expert Guidance — Dedicated OCI specialists with deep knowledge of consulate requirements, eligibility rules, and documentation standards across all service types.High Approval Rate — A meticulous multi-stage review process that identifies and resolves issues before submission, dramatically reducing the likelihood of rejection or delay.Fast Turnaround — Standard processing in 12-15 Business Days for most OCI service types, with real-time status updates throughout the process.End-to-End Support — Personalized document checklists, secure document uploads, expert form preparation, consulate submission, and post-submission tracking — all in one place.

Launch Promotion

Save 20% on any OCI service — new users only

OCI20

Enter code OCI20 at checkout. Available to new users. No expiration date.

Leadership Perspective

“For 50 years, Peninsula Visa has helped individuals and families navigate the complexities of immigration documentation. OCI processing is one of the most impactful services we have ever added — it directly connects the Indian diaspora to their heritage country in a lasting, meaningful way. We are proud to bring our proven expertise and client-centric approach to this important service, and we look forward to helping thousands of families secure their OCI status with confidence.”

Founded in 1975, Peninsula Visa has built its reputation on precision, transparency, and a genuine commitment to client outcomes. The addition of OCI processing services reflects the company’s ongoing mission to expand its offerings to meet the evolving needs of immigrants and their families across the United States.

Get Started Today

Eligible applicants can begin their OCI journey by visiting Peninsula Visa’s dedicated OCI Services page. New users can take advantage of the 20% launch discount by entering promo code OCI20 at checkout when selecting any OCI service type.

Media Contact

Evan James, Peninsula Visa, 1 4087277515, media@peninsulavisa.com, https://peninsulavisa.com/

View original content to download multimedia:https://www.prweb.com/releases/peninsula-visa-launches-comprehensive-oci-processing-services-302760544.html

SOURCE Peninsula Visa

Technology

Peninsula Visa Launches Comprehensive OCI Processing Services

Published

15 minutes ago

May 3, 2026

A Full Suite of OCI Services

Peninsula Visa’s OCI services cover every stage of the OCI lifecycle, ensuring that members of the Indian diaspora receive expert support from start to finish.

The four service types now available are:

Why Choose Peninsula Visa for Your OCI Application

Peninsula Visa brings decades of institutional knowledge and a client-first philosophy to every OCI case.

Key value propositions include:

Launch Promotion

Save 20% on any OCI service — new users only

OCI20

Enter code OCI20 at checkout. Available to new users. No expiration date.

Leadership Perspective

Get Started Today

Media Contact

Evan James, Peninsula Visa, 1 4087277515, media@peninsulavisa.com, https://peninsulavisa.com/

View original content to download multimedia:https://www.prweb.com/releases/peninsula-visa-launches-comprehensive-oci-processing-services-302760544.html

SOURCE Peninsula Visa

Technology

Booking.com’s Latest Travel and Sustainability Research Reveals Australian Generational Paradox

Published

1 hour ago

May 3, 2026

SYDNEY, May 4, 2026 /PRNewswire/ — Today Booking.com released its 11th annual research report into consumer attitudes and understanding of the social and environmental impact of travel. With insights from 32,500 travellers across 35 markets globally, including 1,000 from Australia, this year’s research highlights a generational paradox.

While 83% of Australian travellers say that more sustainable travel is important to them, older generations demonstrate greater commitment through concrete actions, despite younger generations often expressing stronger sustainability intentions.

Older generations demonstrate greater commitment through concrete sustainable actions, with almost two–thirds of Boomers across Asia Pacific (63%) saying they will shop more at local, independent stores on their trips, three–quarters (75%) planning to reduce general waste, and 63% intending to reduce energy consumption, higher than Gen X, Millennials and Gen Z.However, younger travellers are leading in cultural and conservation management; more than a quarter of Gen Z (27%) and Millennials (26%) participated in a tour or activity that contributed to the health or conservation of the local ecosystem or wildlife.Extreme weather is actively reshaping travel choices. Nearly three-quarters of Australian travellers said they consider extreme weather risk when choosing both destination (72%), and timing (75%), and 27% reported having cancelled or changed trip plans in the past twelve months due to extreme weather or natural disaster.Australian travellers are shifting when and where they travel, seeking reliable climates and comfort. 43% say they plan to avoid overcrowded tourist destinations, 42% plan to travel outside of peak season, and 26% will seek out destinations with cooler temperatures.In 2025, travellers booked more than 100 million room nights on Booking.com at accommodation partners with a third-party sustainability certification, including at 363 third-party certified Australian properties.

To find Booking.com’s full 2026 research, visit here.

View original content:https://www.prnewswire.com/apac/news-releases/bookingcoms-latest-travel-and-sustainability-research-reveals-australian-generational-paradox-302760310.html

SOURCE Booking.com