Commercial Parachutes Market Trends, Business Overview, Industry Growth and Forecast to 2028

A parachute is a device used to reduce the speed of a falling object. This is done by creating a drag or lift that helps slow someone or something from falling. The parachute is light and has a very large surface area. This helps create drag by retaining a lot of air when you fall. Parachute obeys the law of gravity.

Key Players

• BAE Systems
• Mills Manufacturing
• Zodiac Aerospace
• Airborne Systems
• Spekon
• FXC
• Ballenger International
• Aerodyne Research
• Parachutes Australia
• CIMSA Ingenieria De Sistemas

Market – Segmentation

Segments by Type

• Round Parachute
• Square Parachute
• Cruciform Parachute
• Ram-Air Parachute
• Other

Segments by Application

• Entertainment and Performances Use
• Aviation Use
• Other

Scope of the Report

The research study analyses the Global Commercial Parachutes Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis

o Import and Export Overview

o Volume Analysis

o Current Market Trends and Future Outlook

o Market Opportunistic and Attractive Investment Segment

Geographic Coverage 

• o North America Market Size and/or Volume
• o Latin America Market Size and/or Volume
• o Europe Market Size and/or Volume
• o Asia-Pacific Market Size and/or Volume
• o Rest of the world Market Size and/or Volume

Key Questions Answered by Commercial Parachutes Market Report

1. What was the Commercial Parachutes Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2022-2028).

2. What will be the CAGR of Commercial Parachutes Market during the forecast period (2022-2028)?

3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2022-2028).

4. Which manufacturer/vendor/players in the Commercial Parachutes Market was the market leader in 2021s?

5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.