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According to our (Global Info Research) latest study, the global Parachutes market size was valued at USD 1119.7 million in 2023 and is forecast to a readjusted size of USD 1563 million by 2030 with a CAGR of 4.9% during review period.
Parachute is a kind of deployable aerodynamic retarder, which is based on the principle of air resistance and inflated relative to air movement. Modern parachute is a kind of aviation tool that enables people or objects to land safely from the air. It is mainly made of flexible fabric.
North America is the largest market with about 43% market share. Asia-Pacific is follower, accounting for about 29% market share.
The key players are IrvinGQ, Zodiac Aerospace, AVIC, China Aerospace Science and Technology Corporation, BRS Aerospace, Fujikura Parachute, Performance Designs, VITAL Parachute, Mills Manufacturing, Vertical do Ponto, Complete Parachute, FXC Corporation etc. Top 3 companies occupied about 26% market share.
The Global Info Research report includes an overview of the development of the Parachutes industry chain, the market status of Military (Round Parachute, Ram Air Parachute), Civil (Round Parachute, Ram Air Parachute), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Parachutes.
Regionally, the report analyzes the Parachutes 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 Parachutes market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Parachutes 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 Parachutes 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 Parachute, Ram Air Parachute).
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 Parachutes market.
Regional Analysis: The report involves examining the Parachutes 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 Parachutes market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Parachutes:
Company Analysis: Report covers individual Parachutes 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 Parachutes This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Military, Civil).
Technology Analysis: Report covers specific technologies relevant to Parachutes. It assesses the current state, advancements, and potential future developments in Parachutes areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Parachutes 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
Parachutes 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 Parachute
- Ram Air Parachute
- Belt and Ring Parachute
- Others
Market segment by Application
- Military
- Civil
Major players covered
- IrvinGQ
- Zodiac Aerospace
- AVIC
- China Aerospace Science and Technology Corporation
- BRS Aerospace
- Fujikura Parachute
- Performance Designs
- VITAL Parachute
- Mills Manufacturing
- Vertical do Ponto
- Complete Parachute
- FXC Corporation
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 Parachutes product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Parachutes, with price, sales, revenue and global market share of Parachutes from 2019 to 2024.
Chapter 3, the Parachutes competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Parachutes 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 Parachutes 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 Parachutes.
Chapter 14 and 15, to describe Parachutes sales channel, distributors, customers, research findings and conclusion.