Military Exoskeleton Market: Strong Distribution Channels Expected To Provide More Convenience To Various End Users In The Global Market 2017 - 2025
The global military exoskeleton market is fragmented in nature. A noticeable trend in the market is the focus on research and development by many players to come up with improved industrial and military exoskeletons. In the foreseeable future, the players are expected to resort to mergers to tap into new markets and enhance their product portfolio. This in turn will help them tap into newer markets and acquire a much larger customer base. All such activities by keen companies operating in the global military exoskeleton market will likely intensify competition in the near future. Some of the prominent participants in the global market are Raytheon Company, Lockheed Martin Corporation, and General Dynamics Corporation A report by Transparency Market Research predicts the global military exoskeleton market to register a robust 14.4% CAGR during the period between 2017 and 2025. Rising at this rate, the market will likely attain a value of US$3,042.4 mn by 2025-end from ...