ABI Research forecasts the robotic exoskeleton market to reach $1.8 billion in 2025, compared to $68 million in 2014. This year, about 6,000 such suits will be sold, mainly for rehabilitation. By 2025, ABI expects to see about 2.6 million suits on the market. Those additional suits stand to expand the technology’s application in a number of fields, including construction.
One company expected to contribute to that figure is, SuitX, which serves the industrial and medical markets. It produces a separate exoskeleton system for each of the legs, back and shoulders, as well as a full-body version. So far, the company has shipped just 50 of the suits, with 80 ordered, said Homayoon Kazerooni, the company’s CEO and founder.