Drone Parachutes Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The drone parachute market will generate $ 5.4 million in 2021 and grow at an average annual rate of 63% to almost $ 62 million by 2028. Specially made for drones, parachutes are designed to prevent damage to people or objects on the ground and protect drones from destruction. In this context they are the “last line of defense “and that makes them decisive. So, from the drone industry insight, we decided to take a deep dive into this dynamic market and its players, although it is worth noting that this blog is scratching the surface of the drone parachute market. Drone parachutes can be designed as recovery systems (to prevent drone collisions) or as standard landing gear (e.g. fixed-wing drones), which most parachute manufacturers design both. The deployment can be manual or automatic, and can be carried out through gravity or ballistic/kinetic mechanisms. Some drone manufacturers or drone operators equip their drones with two parachutes to comply with redundant system requirements.

 

Company Profile

• Skygraphics AG
• CIMSA Ingenieria
• Fruity Chutes
• Butler Parachute Systems
• Mars Parachutes
• Indemnis
• Opale Parachutes
• Drone Rescue Systems GmbH
• Galaxy GRS

 

Market Segmentation

Product Type

• Capacity: 1-40kg
• Capacity: 40-200kg
• Other

Industry Type

• Civil Drone Parachute
• Military Drone Parachute

 

 

Scope of the Report

The research study analyzes the Drone 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 Drone Parachutes Market Report

1. What was the Drone Parachutes Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Drone Parachutes Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Drone Parachutes Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.