Dr. Urs Schneider is Division Director and Department Head at Fraunhofer IPA. This article was also written with Drs. Urban Daub, Verena Kopp and Axel Storz, all of Fraunhofer IPA.
According to estimates published by market research institute Frost & Sullivan in 2021, the market for industrial exoskeletons will reach an average annual growth rate in excess of 40% over the coming years and reach a market volume of over $400M by 2025.
