Parachutes are devices utilized to decelerate or stabilize objects, people, or vehicles in their travel through an atmosphere. They are most commonly constructed of high-strength fabric. These lightweight and low-volume instruments develop a large surface area and significant drag upon deployment.
Round parachutes were the most preferred type during the study period. This large share could be accounted to their growing application in the ejection seats, aircraft recovery systems, parasailing, and emergency landing system for small aircraft, among others.
The major players are Airborne Systems, Zodiac Aerospace, Avic, BRS Aerospace, Fujikura Parachute, Performance Designs, VITAL Parachute, Mills Manufacturing, Vertical do Ponto, Complete Parachute, Autoflug, FXC Corporation, Butler Parachute, NZ Aerosports, National Parachute, Parachute Systems, Parachute Laboratories, Spekon, Magam Safety, Antares IAC and etc.
According to this study, over the next five years the Parachutes market will register a 5.1% CAGR in terms of revenue, the global market size will reach USD 1200 million by 2024, from USD 890 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Parachutes business, shared in Chapter 3.
This report presents a comprehensive overview, market shares, and growth opportunities of Parachutes market by product type, application, key manufacturers and key regions and countries.
This study considers the Parachutes value and volume generated from the sales of the following segments:
Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Round Parachutes
Ram-air Parachutes
Annular Parachutes
Ribbon and Ring Parachutes
Others
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Military
Civil
This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Airborne Systems
Zodiac Aerospace
Avic Hongguang Airborne Equipment
BRS Aerospace
Fujikura Parachute
Performance Designs
VITAL Parachute
Mills Manufacturing
Vertical do Ponto
Complete Parachute
Autoflug
FXC Corporation
Butler Parachute Systems
NZ Aerosports
National Parachute
Parachute Systems
Parachute Laboratories
Spekon
Magam Safety
Antares IAC
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Parachutes consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Parachutes market by identifying its various subsegments.
Focuses on the key global Parachutes manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Parachutes with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Parachutes submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
