Human Augmentation Market
PUBLISHED: 2021 ID: SMRC20970
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Human Augmentation Market

Human Augmentation Market Forecasts to 2028 – Global Analysis By Functionality (Non-Body Worn, Body Worn), Technology (Virtual Reality, Exoskeleton, Augmented Intelligence, Augmented Reality), and By Geography

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4.3 (76 reviews)
Published: 2021 ID: SMRC20970

This report covers the impact of COVID-19 on this global market
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According to Stratistics MRC, the Global Human Augmentation Market is accounted for $86.36 billion in 2020 and is expected to reach $418.28 billion by 2028 growing at a CAGR of 21.8% during the forecast period. Some of the key factors propelling the market growth include rising popularity of wearable augmentation products, surge in technology penetration in healthcare, and growing use of exoskeletons in military applications and advanced modification in the human body. However, lack of security as well as shortage of skilled professional may hamper the market growth.

Human augmentation refers to the technologies that are used for bringing physical improvement in the integral parts of the human body. It is the integration of electronics, biotechnology, and machines that are used to improve the existing or required skills in humans by the use of artificial or natural methods. It has experienced a chief improvement towards its application, mostly in healthcare, military, and defense, and manufacturing organizations are also financing in arranging this technology in the form of exoskeletons. It is also called as human 2.0 and human performance enhancement (HPE).

By technology, the virtual reality segment is anticipated to grow at a significant rate during the forecast period, due to growing use in applications such as education and e-retailing sectors owing to the provision of easy learning and promotions and advertising, respectively and the use of virtual reality will eliminate physical computers and create an exponentially increasing base of remote workers as well as reduce operating costs.

Based on the Geography, Asia Pacific is projected to have considerable market growth during the forecast period, owing to rising investment in research & development, growing innovative applications of augmentation products, increasing demographics and economies in developing countries such as India and China, rising awareness about the benefits of medical wearable augmentation devices among the consumers n, and increasing awareness and development in exoskeleton technology.

Some of the key players in Human Augmentation Market include General Motors, Panasonic Corporation, Samsung Electronics Co. Ltd., Garmin, Vuzix Corporation, B-Temia Inc., Toyota Motor Corporation, Google Inc., Life Sense Group B.V, Raytheon Company, Fossil Group Inc., Magic Leap Inc., Ekso Bionics Holdings Inc., Casio, BrainGate Company, Parker Hannifin Corp, Rewalk Robotics Inc., and Atheer, Inc.

Functionalities Covered:
• Non-Body Worn
• Body Worn

Technologies Covered:
• Virtual Reality
• Exoskeleton
• Wearable Augmentation
• Augmented Intelligence
• Augmented Reality
• Intelligent Virtual Assistant
• In-Built Augmentation

Sales Channels Covered:
• Distributor
• Direct Sales

Applications Covered:
• Aerospace and Defense
• Healthcare
• Industrial
• Information Technology (IT)
• Manufacturing
• Consumer Electronics
• Commercial
• Automotive
• Banking, Financial Services and Insurance (BFSI)
• Enterprise
• Government
• Medical
• Energy and Utility
• Travel & Hospitality
• Military

Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK 
o Spain
o Rest of Europe      
• Asia Pacific
o Japan       
o China       
o India       
o Australia       
o New Zealand 
o South Korea         
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa

What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements

Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

 

Table of Contents

1 Executive Summary      
       
2 Preface      

 2.1 Abstract     
 2.2 Stake Holders     
 2.3 Research Scope     
 2.4 Research Methodology     
  2.4.1 Data Mining    
  2.4.2 Data Analysis    
  2.4.3 Data Validation    
  2.4.4 Research Approach    
 2.5 Research Sources     
  2.5.1 Primary Research Sources     
  2.5.2 Secondary Research Sources    
  2.5.3 Assumptions    
       
3 Market Trend Analysis     
 
 3.1 Introduction     
 3.2 Drivers     
 3.3 Restraints     
 3.4 Opportunities     
 3.5 Threats     
 3.6 Technology Analysis     
 3.7 Application Analysis     
 3.8 Emerging Markets     
 3.9 Impact of Covid-19     
       
4 Porters Five Force Analysis      
 4.1 Bargaining power of suppliers     
 4.2 Bargaining power of buyers     
 4.3 Threat of substitutes     
 4.4 Threat of new entrants     
 4.5 Competitive rivalry     
       
5 Global Human Augmentation Market, By Functionality      
 5.1 Introduction     
 5.2 Non-Body Worn     
 5.3 Body Worn     
       
6 Global Human Augmentation Market, By Technology      
 6.1 Introduction     
 6.2 Virtual Reality     
  6.2.1 Gesture-Controlled Devices (Data Gloves)    
  6.2.2 Head-Mounted Displays    
  6.2.3 Projectors & Display Walls    
 6.3 Exoskeleton     
  6.3.1 Passive    
  6.3.2 Powered    
 6.4 Wearable Augmentation     
  6.4.1 Footwear    
   6.4.1.1 Casual Footwear   
   6.4.1.2 Special Purpose Footwear   
  6.4.2 Bodywear    
   6.4.2.1 Fashion & Apparel/Clothing   
   6.4.2.2 Innerwear   
   6.4.2.3 Armwear & Legwear   
  6.4.3 Eye-Wear     
   6.4.3.1 Helmet-Mounted Display (HMD)   
   6.4.3.2 Smart Contact Lenses   
   6.4.3.3 Google Glasses   
  6.4.4 Wrist-Wear    
   6.4.4.1 Watches   
   6.4.4.2 Wrist Bands   
  6.4.5 Neck-Wear    
   6.4.5.1 Ornaments   
   6.4.5.2 Ties and Collars   
   6.4.5.3 Precious Metals   
   6.4.5.4 Jewellery   
  6.4.6 Other Wearable Augmentations    
   6.4.6.1 Smart Socks   
   6.4.6.2 Smart Headsets   
   6.4.6.3 Smart Rings   
 6.5 Augmented Intelligence     
 6.6 Augmented Reality     
  6.6.1 Head-Up Display    
  6.6.2 Handheld Device    
 6.7 Intelligent Virtual Assistant     
  6.7.1 Intelligent Virtual Assistant (IVA) Smart Speaker    
  6.7.2 Chatbots    
 6.8 In-Built Augmentation     
       
7 Global Human Augmentation Market, By Sales Channel      
 7.1 Introduction     
 7.2 Distributor     
 7.3 Direct Sales     
       
8 Global Human Augmentation Market, By Application      
 8.1 Introduction     
 8.2 Aerospace and Defense     
 8.3 Healthcare     
 8.4 Industrial     
  8.4.1 Packaging    
  8.4.2 Logistics    
  8.4.3 Warehouse    
 8.5 Information Technology (IT)     
 8.6 Manufacturing     
 8.7 Consumer Electronics     
  8.7.1 Sports    
  8.7.2 Gaming and Entertainment    
  8.7.3 Infotainment & Multimedia    
  8.7.4 Fitness & Sports    
  8.7.5 Garments & Fashion    
  8.7.6 Multifunction    
 8.8 Commercial     
  8.8.1 Education and Training    
  8.8.2 Retail    
  8.8.3 Advertising    
  8.8.4 Travel and Tourism    
 8.9 Automotive     
 8.10 Banking, Financial Services and Insurance (BFSI)      
 8.11 Enterprise     
 8.12 Government     
 8.13 Medical     
  8.13.1 Patient Care Management    
  8.13.2 Pharmacy Management    
  8.13.3 Surgery    
  8.13.4 Medical Training and Education    
  8.13.5 Fitness Management    
 8.14 Energy and Utility     
 8.15 Travel & Hospitality     
 8.16 Military     
       
9 Global Human Augmentation Market, By Geography      
 9.1 Introduction     
 9.2 North America     
  9.2.1 US    
  9.2.2 Canada    
  9.2.3 Mexico    
 9.3 Europe     
  9.3.1 Germany    
  9.3.2 UK    
  9.3.3 Italy    
  9.3.4 France    
  9.3.5 Spain    
  9.3.6 Rest of Europe    
 9.4 Asia Pacific     
  9.4.1 Japan    
  9.4.2 China    
  9.4.3 India    
  9.4.4 Australia    
  9.4.5 New Zealand    
  9.4.6 South Korea    
  9.4.7 Rest of Asia Pacific    
 9.5 South America     
  9.5.1 Argentina    
  9.5.2 Brazil    
  9.5.3 Chile    
  9.5.4 Rest of South America    
 9.6 Middle East & Africa     
  9.6.1 Saudi Arabia    
  9.6.2 UAE    
  9.6.3 Qatar    
  9.6.4 South Africa    
  9.6.5 Rest of Middle East & Africa    
       
10 Key Developments      
 10.1 Agreements, Partnerships, Collaborations and Joint Ventures      
 10.2 Acquisitions & Mergers     
 10.3 New Product Launch     
 10.4 Expansions     
 10.5 Other Key Strategies     
       
11 Company Profiling      
 11.1 General Motors     
 11.2 Panasonic Corporation     
 11.3 Samsung Electronics Co. Ltd.     
 11.4 Garmin     
 11.5 Vuzix Corporation     
 11.6 B-Temia Inc.     
 11.7 Toyota Motor Corporation     
 11.8 Google Inc.     
 11.9 Life Sense Group B.V     
 11.10 Raytheon Company     
 11.11 Fossil Group Inc.     
 11.12 Magic Leap Inc.     
 11.13 Ekso Bionics Holdings Inc.     
 11.14 Casio     
 11.15 BrainGate Company     
 11.16 Parker Hannifin Corp     
 11.17 Rewalk Robotics Inc.     
 11.18 Atheer, Inc.     


List of Tables       
1 Global Human Augmentation Market Outlook, By Region (2019-2028) ($MN)      
2 Global Human Augmentation Market Outlook, By Functionality (2019-2028) ($MN)      
3 Global Human Augmentation Market Outlook, By Non-Body Worn (2019-2028) ($MN)      
4 Global Human Augmentation Market Outlook, By Body Worn (2019-2028) ($MN)      
5 Global Human Augmentation Market Outlook, By Technology (2019-2028) ($MN)      
6 Global Human Augmentation Market Outlook, By Virtual Reality (2019-2028) ($MN)      
7 Global Human Augmentation Market Outlook, By Gesture-Controlled Devices (Data Gloves) (2019-2028) ($MN)      
8 Global Human Augmentation Market Outlook, By Head-Mounted Displays (2019-2028) ($MN)      
9 Global Human Augmentation Market Outlook, By Projectors & Display Walls (2019-2028) ($MN)      
10 Global Human Augmentation Market Outlook, By Exoskeleton (2019-2028) ($MN)      
11 Global Human Augmentation Market Outlook, By Passive (2019-2028) ($MN)      
12 Global Human Augmentation Market Outlook, By Powered (2019-2028) ($MN)       
13 Global Human Augmentation Market Outlook, By Wearable Augmentation (2019-2028) ($MN)      
14 Global Human Augmentation Market Outlook, By Footwear (2019-2028) ($MN)      
15 Global Human Augmentation Market Outlook, By Bodywear (2019-2028) ($MN)       
16 Global Human Augmentation Market Outlook, By Eye-Wear (2019-2028) ($MN)      
17 Global Human Augmentation Market Outlook, By Wrist-Wear (2019-2028) ($MN)      
18 Global Human Augmentation Market Outlook, By Neck-Wear (2019-2028) ($MN)      
19 Global Human Augmentation Market Outlook, By Other Wearable Augmentations (2019-2028) ($MN)      
20 Global Human Augmentation Market Outlook, By Augmented Intelligence (2019-2028) ($MN)      
21 Global Human Augmentation Market Outlook, By Augmented Reality (2019-2028) ($MN)      
22 Global Human Augmentation Market Outlook, By Head-Up Display (2019-2028) ($MN)      
23 Global Human Augmentation Market Outlook, By Handheld Device (2019-2028) ($MN)      
24 Global Human Augmentation Market Outlook, By Intelligent Virtual Assistant (2019-2028) ($MN)      
25 Global Human Augmentation Market Outlook, By Intelligent Virtual Assistant (IVA) Smart Speaker (2019-2028) ($MN)      
26 Global Human Augmentation Market Outlook, By Chatbots (2019-2028) ($MN)       
27 Global Human Augmentation Market Outlook, By In-Built Augmentation (2019-2028) ($MN)      
28 Global Human Augmentation Market Outlook, By Sales Channel (2019-2028) ($MN)      
29 Global Human Augmentation Market Outlook, By Distributor (2019-2028) ($MN)      
30 Global Human Augmentation Market Outlook, By Direct Sales (2019-2028) ($MN)      
31 Global Human Augmentation Market Outlook, By Application (2019-2028) ($MN)      
32 Global Human Augmentation Market Outlook, By Aerospace and Defense (2019-2028) ($MN)      
33 Global Human Augmentation Market Outlook, By Healthcare (2019-2028) ($MN)      
34 Global Human Augmentation Market Outlook, By Industrial (2019-2028) ($MN)      
35 Global Human Augmentation Market Outlook, By Packaging (2019-2028) ($MN)      
36 Global Human Augmentation Market Outlook, By Logistics (2019-2028) ($MN)      
37 Global Human Augmentation Market Outlook, By Warehouse (2019-2028) ($MN)      
38 Global Human Augmentation Market Outlook, By Information Technology (IT) (2019-2028) ($MN)      
39 Global Human Augmentation Market Outlook, By Manufacturing (2019-2028) ($MN)      
40 Global Human Augmentation Market Outlook, By Consumer Electronics (2019-2028) ($MN)      
41 Global Human Augmentation Market Outlook, By Sports (2019-2028) ($MN)      
42 Global Human Augmentation Market Outlook, By Gaming and Entertainment (2019-2028) ($MN)      
43 Global Human Augmentation Market Outlook, By Infotainment & Multimedia (2019-2028) ($MN)      
44 Global Human Augmentation Market Outlook, By Fitness & Sports (2019-2028) ($MN)      
45 Global Human Augmentation Market Outlook, By Garments & Fashion (2019-2028) ($MN)      
46 Global Human Augmentation Market Outlook, By Multifunction (2019-2028) ($MN)      
47 Global Human Augmentation Market Outlook, By Commercial (2019-2028) ($MN)      
48 Global Human Augmentation Market Outlook, By Education and Training (2019-2028) ($MN)      
49 Global Human Augmentation Market Outlook, By Retail (2019-2028) ($MN)      
50 Global Human Augmentation Market Outlook, By Advertising (2019-2028) ($MN)      
51 Global Human Augmentation Market Outlook, By Travel and Tourism (2019-2028) ($MN)      
52 Global Human Augmentation Market Outlook, By Automotive (2019-2028) ($MN)       
53 Global Human Augmentation Market Outlook, By Banking, Financial Services and Insurance (BFSI) (2019-2028) ($MN)      
54 Global Human Augmentation Market Outlook, By Enterprise (2019-2028) ($MN)      
55 Global Human Augmentation Market Outlook, By Government (2019-2028) ($MN)      
56 Global Human Augmentation Market Outlook, By Medical (2019-2028) ($MN)      
57 Global Human Augmentation Market Outlook, By Patient Care Management (2019-2028) ($MN)      
58 Global Human Augmentation Market Outlook, By Pharmacy Management (2019-2028) ($MN)      
59 Global Human Augmentation Market Outlook, By Surgery (2019-2028) ($MN)      
60 Global Human Augmentation Market Outlook, By Medical Training and Education (2019-2028) ($MN)      
61 Global Human Augmentation Market Outlook, By Fitness Management (2019-2028) ($MN)      
62 Global Human Augmentation Market Outlook, By Energy and Utility (2019-2028) ($MN)      
63 Global Human Augmentation Market Outlook, By Travel & Hospitality (2019-2028) ($MN)       
64 Global Human Augmentation Market Outlook, By Military (2019-2028) ($MN)      
       
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.       

List of Figures

RESEARCH METHODOLOGY


Research Methodology

We at Stratistics opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.

Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.

Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.

Data Mining

The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.

Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.

Data Analysis

From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:

  • Product Lifecycle Analysis
  • Competitor analysis
  • Risk analysis
  • Porters Analysis
  • PESTEL Analysis
  • SWOT Analysis

The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.


Data Validation

The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.

We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.


For more details about research methodology, kindly write to us at info@strategymrc.com

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