According to our (Global Info Research) latest study, the global Commercial and Military Parachute market size was valued at USD 1372 million in 2023 and is forecast to a readjusted size of USD 2160.2 million by 2030 with a CAGR of 6.7% during review period.
A parachute is a device used to slow the motion of an object through an atmosphere by creating drag (or in the case of ram-air parachutes, aerodynamic lift). Parachutes are usually made out of light, strong fabric, originally silk, now most commonly nylon.
The development of parachutes for space applications will be one of the critical commercial and military parachute market trends. The commercial and military parachute market is witnessing extensive R&D efforts to develop parachutes that can be deployed for space applications. For instance, Airborne Systems Ltd. has been contracted by the National Aeronautics and Space Administration (NASA) to develop a parachute system for integration into the Orion space shuttle. The system consisting of 11 parachutes will ensure the safe return of Orion’s future crews. Similarly, SpaceX is testing a parachute recovery system for its Crew Dragon capsule. Such developments of parachutes for space applications are expected to fuel the growth of the commercial and military parachute market during the forthcoming years.
The Global Info Research report includes an overview of the development of the Commercial and Military Parachute industry chain, the market status of Commercial (Round, Ram-air), Military (Round, Ram-air), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Commercial and Military Parachute.
Regionally, the report analyzes the Commercial and Military Parachute markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Commercial and Military Parachute market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Commercial and Military Parachute market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Commercial and Military Parachute industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Units), revenue generated, and market share of different by Type (e.g., Round, Ram-air).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Commercial and Military Parachute market.
Regional Analysis: The report involves examining the Commercial and Military Parachute market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Commercial and Military Parachute market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Commercial and Military Parachute:
Company Analysis: Report covers individual Commercial and Military Parachute manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Commercial and Military Parachute This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Commercial, Military).
Technology Analysis: Report covers specific technologies relevant to Commercial and Military Parachute. It assesses the current state, advancements, and potential future developments in Commercial and Military Parachute areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Commercial and Military Parachute market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Commercial and Military Parachute market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Round
Ram-air
Square and Cruciform
Drogue
Market segment by Application
Commercial
Military
Major players covered
BAE Systems Plc
Mills Manufacturing Corp.
Rostec State Corp.
Sächsische Spezialkonfektion GmbH
Safran SA
TransDigm Group Inc.
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 Commercial and Military Parachute product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Commercial and Military Parachute, with price, sales, revenue and global market share of Commercial and Military Parachute from 2019 to 2024.
Chapter 3, the Commercial and Military Parachute competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Commercial and Military Parachute breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
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 2023.and Commercial and Military Parachute market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Commercial and Military Parachute.
Chapter 14 and 15, to describe Commercial and Military Parachute sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Commercial and Military Parachute. Industry analysis & Market Report on Commercial and Military Parachute is a syndicated market report, published as Global Commercial and Military Parachute Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Commercial and Military Parachute market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.