Global Commercial and Military Parachute Market Research Report 2021
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 Commercial and Military Parachute market was valued at US$ XX million in 2019 and is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.
This report focuses on Commercial and Military Parachute volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Commercial and Military Parachute market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Commercial and Military Parachute Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Round
Ram-air
Square and Cruciform
Drogue
Segment by Application
Commercial
Military
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
BAE Systems Plc
Mills Manufacturing Corp.
Rostec State Corp.
Sächsische Spezialkonfektion GmbH
Safran SA
TransDigm Group Inc.
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 Commercial and Military Parachute market was valued at US$ XX million in 2019 and is expected to reach US$ XX million by the end of 2026, growing at a CAGR of XX% during 2021-2026.
This report focuses on Commercial and Military Parachute volume and value at the global level, regional level and company level. From a global perspective, this report represents overall Commercial and Military Parachute market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, Asia-Pacific, Latin America and Middle East & Africa.
Global Commercial and Military Parachute Market: Segment Analysis
The research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2016 to 2027. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Round
Ram-air
Square and Cruciform
Drogue
Segment by Application
Commercial
Military
By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E
By Company
BAE Systems Plc
Mills Manufacturing Corp.
Rostec State Corp.
Sächsische Spezialkonfektion GmbH
Safran SA
TransDigm Group Inc.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
- By Region
The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
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