A ballistic parachute, ballistic reserve parachute, or emergency ballistic reserve parachute, is a parachute ejected from its casing by a small explosion, much like that used in an ejection seat.
According to our (Global Info Research) latest study, the global Ballistic Parachute market size was valued at USD 20 million in 2022 and is forecast to a readjusted size of USD 40 million by 2029 with a CAGR of 10.8% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Ballistic Parachute key players include Ballistic Recovery Systems Inc, GALAXY GRS s.r.o, Stratos 07, s.r.o, Indemnis Inc, Opale Parachutes, etc. Global top five manufacturers hold a share over 25%.
North America is the largest market, with a share about 20%, followed by Europe which have a share about 10 percent. In terms of product, 10-20FT is the largest segment, with a share over 30%. And in terms of application, the largest application is Unmanned Aerial Vehicle (UAV), followed by Light-sport Aircraft (LSA) & Ultralight Aircraft.
This report is a detailed and comprehensive analysis for global Ballistic Parachute market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.
Key Features:
Global Ballistic Parachute market size and forecasts, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029
Global Ballistic Parachute market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029
Global Ballistic Parachute market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Units), and average selling prices (US$/Unit), 2018-2029
Global Ballistic Parachute market shares of main players, shipments in revenue ($ Million), sales quantity (Units), and ASP (US$/Unit), 2018-2023
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Ballistic Parachute
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Ballistic Parachute market based on the following parameters - company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Ballistic Recovery Systems, Inc., GALAXY GRS s.r.o., Stratos 07, s.r.o., Indemnis, Inc. and Opale Parachutes, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Market Segmentation
Ballistic Parachute market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Less than 10FT
10-20FT
Market segment by Application
Light-sport Aircraft (LSA) & Ultralight Aircraft
Unmanned Aerial Vehicle (UAV)
Others
Major players covered
Ballistic Recovery Systems, Inc.
GALAXY GRS s.r.o.
Stratos 07, s.r.o.
Indemnis, Inc.
Opale Parachutes
Mars Parachutes
Drone Rescue Systems GmbH
ParaZero Drone Safety Systems Ltd.
Fruity Chutes
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Ballistic Parachute product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Ballistic Parachute, with price, sales, revenue and global market share of Ballistic Parachute from 2018 to 2023.
Chapter 3, the Ballistic Parachute competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Ballistic Parachute breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Ballistic Parachute market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Ballistic Parachute.
Chapter 14 and 15, to describe Ballistic Parachute sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Ballistic Parachute. Industry analysis & Market Report on Ballistic Parachute is a syndicated market report, published as Global Ballistic Parachute Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Ballistic Parachute market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.