Global industrial exoskeletons market to boom, finds Frost & Sullivan - PLANT
Global industrial exoskeletons market to boom, finds Frost & Sullivan March 17, 2021 Maryam Farag Photo: Exoskeleton. Frost & Sullivan’s recent analysis found that the global industrial exoskeletons market is expanding rapidly, driven by high injury costs and aging and shrinking skilled workforces across sectors. It is estimated to witness nearly a seven-fold growth, reaching $426.6 million by 2025 from $62.7 million in 2020, up at a compound annual growth rate of 46.7 per cent. According to Frost & Sullivan’s analysis, among the end-use industries, manu...