A parachute release is a device used to uncouple the parachute and release the parachute. It usually consists of mechanical components that are used to quickly and safely untie the connection between the parachute and the skydiver or aircraft when needed, so that the parachute can deploy normally and complete the task accurately. The parachute release device is a critical safety device used to ensure that the parachute can be released correctly and promptly when needed, and to help the pilot or user complete the mission safely.
According to our (Global Info Research) latest study, the global Parachute Release Device market size was valued at US$ 597 million in 2023 and is forecast to a readjusted size of USD 841 million by 2030 with a CAGR of 5.0% during review period.
The development of the parachute release device market is closely related to the overall development of the parachute market. With the wide application of parachutes in military, civilian and sports fields, the market demand for parachute release devices has also shown a steady growth trend. In the military field, parachute release devices are key equipment in airborne operations, airdropping supplies and rescue missions. In the civilian field, with the gradual rise of low-altitude economy, parachute release devices are increasingly used in UAV emergency parachute systems, extreme sports and other fields. To sum up, the parachute release device market has broad development prospects and huge market potential.
This report is a detailed and comprehensive analysis for global Parachute Release Device 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 2024, are provided.
Key Features:
Global Parachute Release Device market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Parachute Release Device market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Parachute Release Device market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2019-2030
Global Parachute Release Device market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2019-2024
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 Parachute Release Device
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 Parachute Release Device market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Raytheon Technologies, Airborne Systems, National Parachute Industries, Para-Phernalia, Spekon Engineering Pty, Martin-Baker Aircraft, CYPRES GmbH, Strong Enterprises, Rigging Innovations, SSK Industries, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Parachute Release Device 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. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Manual
Automatic
Market segment by Application
Aerospace Field
Extreme Sport
Military Applications
Major players covered
Raytheon Technologies
Airborne Systems
National Parachute Industries
Para-Phernalia
Spekon Engineering Pty
Martin-Baker Aircraft
CYPRES GmbH
Strong Enterprises
Rigging Innovations
SSK Industries
Pioneer Aerospace Corporation
IrvinGQ
FXC Corporation
Butler Parachute Systems Group
Precision Aerodynamics
Para-Gear Equipment
Parachutes Australia
Aviacom International
Skydive Gear
Flight Concepts International
Fallschirmsport Marl
Parachute Systems
Parachute Labs
Para Concepts International
Para Aviation Services
Tandem Systems
Tempelman Equipment
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 Parachute Release Device product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Parachute Release Device, with price, sales quantity, revenue, and global market share of Parachute Release Device from 2019 to 2024.
Chapter 3, the Parachute Release Device competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Parachute Release Device 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 by Application, with sales market share and growth rate by Type, by 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 2019 to 2024.and Parachute Release Device market forecast, by regions, by Type, and by 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 Parachute Release Device.
Chapter 14 and 15, to describe Parachute Release Device sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Parachute Release Device. Industry analysis & Market Report on Parachute Release Device is a syndicated market report, published as Global Parachute Release Device Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Parachute Release Device market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.