Parachutes Market 2020 and Forecast 2021-2027

                                          
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.

Market Analysis and Insights: Global Parachutes Market


The global Parachutes market size is projected to reach US$ 1399.7 million by 2026, from US$ 1038.5 million in 2020, at a CAGR of 5.1% during 2021-2026.

Global Parachutes Scope and Segment

Parachutes market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Parachutes market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2015-2026.

The following manufacturers are covered in this report:

 	
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

Parachutes Breakdown Data by Type

 	
Round Parachutes
 	
Ram-air Parachutes
 	
Annular Parachutes
 	
Ribbon and Ring Parachutes
 	
Others

Parachutes Breakdown Data by Application

 	
Military
 	
Civil

Regional and Country-level Analysis

The Parachutes market is analysed and market size information is provided by regions (countries).
The key regions covered in the Parachutes market report are North America, Europe, China, Japan and South Korea. It also covers key regions (countries), viz, the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, India, Australia, Taiwan, Indonesia, Thailand, Malaysia, Philippines, Vietnam, Mexico, Brazil, Turkey, Saudi Arabia, U.A.E, etc.

The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of production capacity, price and revenue for the period 2015-2026.

Competitive Landscape and Parachutes Market Share Analysis
This research comprehensively answers the following 9 important questions:

 	
Q.1. What are some of the most promising growth trends in the Parachutes market worldwide?
 	
Q.2.Which segments and sub-segments will grow at a faster pace and why? Which segment is nearing the peak and demand saturation?
 	
Q.3.Which region will witness a higher growth rate and why? Which region might see a slower or negative growth region?
 	
Q.4.What are the key factors affecting market dynamics? What are the drivers, challenges, and business risks in Parachutes market?
 	
Q.5.What are the business risks and who pose challenges to the global leaders and are competitive threats in this Parachutes market?
 	
Q.6.What are the emerging trends post COVID-19 reshuffle in this Parachutes market and the what are reasons behind these trends and do they translate in global exploration?
 	
Q.7. Who are the major global and regional players in the Parachutes market? Which are the strategic initiatives key players are pursuing for business growth?
 	
Q.8.Which are the competing products in Parachutes market and how big of a threat do they pose for loss of market share by material or product substitution?
 	
Q.9.What M & A activity has occurred in the last 5 years and what is its impact on the Parachutes industry?