Core Insights - The exoskeleton technology is rapidly gaining popularity in mountain tourism, particularly during the May Day holiday, as it offers a "pain-free climbing" experience, attracting significant attention from tourists [1][2] - The exoskeleton market is transitioning from concept validation to commercialization, driven by unmet consumer demands and technological advancements [1][13] Market Potential - The global exoskeleton market is projected to grow from 107,000 units in 2025 to 301,000 units by 2028, with a compound annual growth rate (CAGR) exceeding 33% [4] - By 2030, the global exoskeleton market size is expected to reach $14.67 billion, with a CAGR of 42.2% [4] - The increasing demand for exoskeletons in various sectors indicates a market potential exceeding hundreds of billions, particularly with the aging population in China [4][6] Technological Innovations - The exoskeletons utilize advanced materials like carbon fiber and titanium alloys, significantly reducing weight while enhancing strength [7] - Multi-modal sensors, including electromyography (EMG) and pressure sensors, enable real-time monitoring of user movements, providing precise assistance [7] - Adaptive control algorithms allow for automatic adjustment of support strength based on user activity, enhancing the overall experience [7] Business Model - Exoskeletons lower the barriers to mountain climbing, making it accessible to a broader audience, including the elderly and those with limited physical capabilities [9] - The rental pricing of exoskeletons is competitive with cable cars, offering a superior experience and flexibility [9] - The introduction of exoskeletons in scenic areas enhances visitor satisfaction and can lead to increased revenue through extended visitor stays and additional spending [9][11] Industry Participation - Several listed companies are actively involved in the exoskeleton supply chain, contributing to its commercialization [11] - The demand for upstream materials and high-precision sensors is increasing, while collaborations between outdoor brands and technology firms are emerging [11] Future Outlook - Despite the promising market, challenges such as technological limitations and high costs remain [12] - The potential for exoskeletons to become commonplace in daily activities suggests a vast market for lifestyle enhancement products in the future [12][14]