In 2017, Gammon, a Hong Kong construction company, announced it planned to have created and purchase 10 “Assist Suit Exoskeletons”. Gammon has been conducting construction site trials of the Assist exosuit, developed by Panasonic subsidiary Atoun Inc. and Shun Hing Systems Integration Co. Ltd.
GM isn’t the first carmaker to use exoskeletons. In 2018, car giant Ford partnered with Richmond, California-based Ekso Bionics Holdings, Inc. (NASDAQ: EKSO) introduced its own version of an ‘exosuit’ which is in test-mode by workers at 15 of the firm’s factories around the globe.
The Hyundai Motor Company, a South Korean automobile manufacturer also has plans to revolutionize its workforce. Hyundai has in-development the Vest Exoskeleton system aka the Vex which will support assembly-line workers tasked with overhead work. So far they have seen good results using the Vex for staff installing parts to the underside of a car (exhausts, brake tubes, etc).
ABI Research, a market foresight advisory firm projected that robotic exoskeleton revenues will reach over $5 billion, with hundreds of thousands of active exosuits skeletons being deployed in many industries by 2028.