Parachute Market Trends, Business Overview, Industry Growth and Forecast to 2028

A parachute is a dome-shaped device used to create drag through the atmosphere to slow the movement of an object. They are usually made using a strong, lightweight fabric such as silk or nylon to reinforce the handle. A drag chute is a type of parachute that is attached to a racer car or fixed-wing aircraft to slow the vehicle’s movement. Round, ram-air, ring, cross and pull-down vertices are parachute types. Parachutes are commonly used in the military field for search and rescue operations, solo operations and training, and purposes.

Key Players

• FXC
• Cimsa
• Zodiac Aerospace
• Mills Manufacturing
• Cirrus Aircraft
• Butler Parachute Systems
• Parachute Systems
• Airborne Systems
• Atair Aerospace
• Ballenger International
• Aerodyne Research
• Spekon Precision Aerodynamics（SPE）
• NZ Aerosports
• BRS Aerospace

Market – Segmentation

Segments by Type

• Round
• Cruciform
• Annular and pull down apex
• Rogallo wing
• Ribbon and Ring

Segments by Application

• Military
• Entertainment
• Commercial use
• Civil airplane

Scope of the Report

The research study analyses the Global Parachute 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 Parachute Market Report

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

2. What will be the CAGR of Parachute 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 Parachute 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.