Parachute Market By Size, Share, and Forecast 2030

Report Description

Global Parachute Market is growing due to inclination of people towards the adventure activities like skydiving, bungee jumping, etc. and this drives the growth of The Global Parachute Market in the upcoming years.

The market for parachute is expanding as a result of factors like rising security concerns brought on by regional conflicts and international terrorism, as well as rising demand for UAV parachutes in military applications. Similarly, the increase in the aerial activities is also influencing the growth as the tourism sector is growing and the rise in these activities is leading to the higher demand for of the parachutes in different regions across the globe. The increase in the adoption of the parachutes in airplane recovery system and the advanced technology in the parachute system is also attracting military departments of different nations and the rise in the investments in this sector is also the reason that in the coming years the market is projected to exhibit impressive CAGR.

The technological advancement in the military parachutes is providing end users and investors with profitable growth potential, similarly the unmanned aerial vehicles (UAVs) are also increasingly using parachutes to reduce the kinetic energy during descent and landing process. In addition to that the major players in the market, significant investments in research and development (R&D) activities develop technologically advanced product to meet the demand of the end users globally. The key players in the industry are concentrating on mergers and acquisitions to boost their overall sales and profitability.

Rising aerial adventure activities

Growing interest in parachuting for recreation among thrill-seekers, as well as an increase in air sports worldwide, and , more people trying skydiving might increase the demand for commercial parachutes. Similarly in developing countries the increase in tourism related activities is also driving the market with higher growth opportunity. As a result, several vendors are attempting to use nanotechnology in their parachute products to improve the quality and durability of commercial parachutes with the increase in safety.

Increase in the utilization of parachutes in Military Activities

In the military, paratroopers typically use parachutes for combat operations and the market for parachute is expanding because of the reasons like rising security concerns brought on by regional conflicts and international terrorism, as well as rising demand for UAV parachutes in military applications. The rise in demand is due to the military exercises. For example, NATO planned total of 95 exercises. The market's expansion is anticipated to be hampered by differences in testing standards and techniques and a shortage of personnel with the necessary skills to operate parachutes. Additionally, the military parachute industry's leading companies have access to new markets because of the quick technological development of parachutes and rising defense spending by governments of major economies is providing new opportunity in the industry and the military parachute market is anticipated to grow over the forecast period due to further advances in parachute technology.

Covid Impact on Tourism Industry

The tourism industry is one of the largest industries in the world. Among all the industries, tourism was the most impacted industry by the pandemic which had a negative influence on all the economies, lifestyles, welfare programs, and opportunities. In terms of tourist flow, Europe has been the most popular region. In the years prior to COVID-19, the region attracted around 968.87 million foreign visitors. The most popular tourist destinations worldwide include France, United states, United Kingdom, Italy, Mexico, Thailand, where the aerial activities were hampered because of the lockdown curbs and all such restrictions impacted the growth in The Global Parachute Industry.

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Market Segmentation

The Global Parachute Market is segmented by product type, fabric material, application, and by region. Based on product type, the market is segmented into Round Parachute, Cruciform Parachute, Rogallo-wing parachutes, Annular parachutes, Ram-air Parachute, and Others. Based on fabric material, the market is segmented into Nylon, Silk, Kevlar, and Others. Based on Application, the market is segmented into Military, Commercial, Cargo, Sports, and Others. The market analysis also studies the regional segmentation to devise regional market, divided among Asia-Pacific, Europe, North America, South America, Middle East & Africa.

Company Profiles

Zodiac Aerospace S.a, Mills Manufacturing Corporation, Aerodyne Research LLC, BAE Systems PLC, Spekon GmbH, Airborne Systems North America, Inc, CIMSA Ingenieria De Sistemas SA, FXC Corporation, Ballenger International LLC, Rostec State Corp, Sachsische Spezialkonfektion GmbH, Safran SA, Trans Digm Group Inc., and NH Global Sdn Bhd are the key players developing advanced technologies to stay competitive in the market and enhancing their product portfolio in the regions to increase their customer outreach.

Attribute	Details
Base Year	2022
Historical Years	2018 – 2022
Estimated Year	2023
Forecast Period	2024 – 2030
Quantitative Units	Revenue in USD Billion, Volume in Thousand Units, and CAGR for 2018-2022 and 2023-2030
Report Coverage	Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends
Segments Covered	· By Product Type · By Fabric Material · By Application · By Region
Regional Scope	North America, Europe, Asia-Pacific, Middle East & Africa, South America
Country Scope	United States, Canada, Mexico, United Kingdom, Germany, France, Italy, Spain, Russia, Poland, Netherland, Norway, China, Japan, South Korea, India, Malaysia, Indonesia, Thailand, South Africa, Saudi Arabia, United Arab Emirates, Argentina, Brazil, Colombia.
Key Companies Profiled	Zodiac Aerospace, Mills Manufacturing Corporation, Aerodyne Research LLC, BAE Systems PLC, Spekon GmbH, Airborne Systems, CIMSA Ingenieria De Sistemas SA, FXC Corporation, Ballenger International LLC, Rostec State Corp.
Customization Scope	10% free report customization with purchase. Addition or alteration to country, regional & segment scope.
Pricing and Purchase Options	Avail customized purchase options to meet your exact research needs. Explore purchase options
Delivery Format	PDF and Excel through Email (We can also provide the editable version of the report in PPT/pdf format on special request)

Report Scope:

In this report, Global Parachute Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

· Parachute Market, By Product Type:

Round Parachute
Cruciform Parachute
Rogallo-wing Parachute
Annular Parachute
Ram-air Parachute
Others

Parachute Market, By Fabric Material:

Nylon
Silk
Kevlar
Others

· Parachute Market, By Application:

Military
Commercial
Cargo
Sports
Others

Parachute Market, By Region:

Asia-Pacific

China
India
Japan
South Korea
Malaysia
Indonesia
Thailand

Europe & CIS

Germany
Russia
France
Spain
Italy
United Kingdom
Poland
Netherland
Norway

North America

United States
Canada
Mexico

South America

Argentina
Brazil
Colombia

Middle East and Africa

South Africa
Saudi Arabia
United Arab Emirates

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global Parachute Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according to a company’s specific needs. The following customization options are available for the report:

Company Information

Detailed analysis and profiling of additional market players (up to five).

It is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]

Table of content

1. Introduction

1.1. Product Overview

1.2. Key Highlights of the Report

1.3. Market Coverage

1.4. Market Segments Covered

1.5. Research Tenure Considered

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Market Overview

3.2. Market Forecast

3.3. Key Regions

3.4. Key Segments

4. Impact of COVID-19 on Global Parachute Market

4.1. Key Segments Impacted

4.2. Key Regions Impacted

4.3. Key Countries Impacted

5. Voice of Customer Analysis

5.1. Factors Influencing Purchase Decision

5.2. Brand Awareness

5.3. Challenges/Issues Faced Post Purchase

6. Global Parachute Market Outlook

6.1. Market Size & Forecast

6.1.1. By Volume

6.1.2. By Value

6.2. Market Share & Forecast

6.2.1. By Product Type Market Share Analysis (Round Parachute, Cruciform Parachute, Rogallo-wing parachutes, Annular parachutes, Ram-air Parachute and Others)

6.2.2. By Fibre Material Market Share Analysis (Nylon, Silk, Kevlar, and Others)

6.2.3. By Application Market Share Analysis (Military, Commercial, Cargo, Sports, and Others)

6.2.4. By Regional Market Share Analysis

6.2.5. By Company Market Share Analysis (By Value, 2022)

6.3. Global Parachute Market Mapping & Opportunity Assessment

6.3.1. By Product Type Market Mapping & Opportunity Assessment

6.3.2. By Fibre Material Mapping & Opportunity Assessment

6.3.3. By Application Mapping & Opportunity Assessment

6.3.4. By Regional Market Mapping & Opportunity Assessment

7. North America Parachute Market Outlook

7.1. Market Size & Forecast

7.1.1. By Volume

7.1.2. By Value

7.2. Market Share & Forecast

7.2.1. By Product Type Market Share Analysis

7.2.2. By Fibre Material Market Share Analysis

7.2.3. By Application Market Share Analysis

7.2.4. By Country Market Share Analysis

7.3. North America: Country Analysis

7.3.1. United States Parachute Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Volume

7.3.1.1.2. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Product Type Market Share Analysis

7.3.1.2.2. By Fibre Material Market Share Analysis

7.3.1.2.3. By Application Market Share Analysis

7.3.2. Canada Parachute Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Volume

7.3.2.1.2. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Product Type Market Share Analysis

7.3.2.2.2. By Fibre Material Market Share Analysis

7.3.2.2.3. By Application Market Share Analysis

7.3.3. Mexico Parachute Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Volume

7.3.3.1.2. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Product Type Market Share Analysis

7.3.3.2.2. By Fibre Material Market Share Analysis

7.3.3.2.3. By Application Market Share Analysis

8. Europe & CIS Parachute Market Outlook

8.1. Market Size & Forecast

8.1.1. By Volume

8.1.2. By Value

8.2. Market Share & Forecast

8.2.1. By Product Type Market Share Analysis

8.2.2. By Fibre Material Market Share Analysis

8.2.3. By Application Market Share Analysis

8.2.4. By Country Market Share Analysis

8.3. Europe: Country Analysis

8.3.1. United Kingdom Parachute Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Volume

8.3.1.1.2. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Product Type Market Share Analysis

8.3.1.2.2. By Fibre Material Market Share Analysis

8.3.1.2.3. By Application Market Share Analysis

8.3.2. France Parachute Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Volume

8.3.2.1.2. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Product Type Market Share Analysis

8.3.2.2.2. By Fibre Material Market Share Analysis

8.3.2.2.3. By Application Market Share Analysis

8.3.3. Germany Parachute Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Volume

8.3.3.1.2. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Product Type Market Share Analysis

8.3.3.2.2. By Fibre Material Market Share Analysis

8.3.3.2.3. By Application Market Share Analysis

8.3.4. Russia Parachute Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Volume

8.3.4.1.2. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Product Type Market Share Analysis

8.3.4.2.2. By Fibre Material Market Share Analysis

8.3.4.2.3. By Application Market Share Analysis

8.3.5. Spain Parachute Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Volume

8.3.5.1.2. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Product Type Market Share Analysis

8.3.5.2.2. By Fibre Material Market Share Analysis

8.3.5.2.3. By Application Market Share Analysis

8.3.6. Italy Parachute Market Outlook

8.3.6.1. Market Size & Forecast

8.3.6.1.1. By Volume

8.3.6.1.2. By Value

8.3.6.2. Market Share & Forecast

8.3.6.2.1. By Product Type Market Share Analysis

8.3.6.2.2. By Fibre Material Market Share Analysis

8.3.6.2.3. By Application Market Share Analysis

8.3.7. Poland Parachute Market Outlook

8.3.7.1. Market Size & Forecast

8.3.7.1.1. By Volume

8.3.7.1.2. By Value

8.3.7.2. Market Share & Forecast

8.3.7.2.1. By Product Type Market Share Analysis

8.3.7.2.2. By Fibre Material Market Share Analysis

8.3.7.2.3. By Application Market Share Analysis

8.3.8. Netherlands Parachute Market Outlook

8.3.8.1. Market Size & Forecast

8.3.8.1.1. By Volume

8.3.8.1.2. By Value

8.3.8.2. Market Share & Forecast

8.3.8.2.1. By Product Type Market Share Analysis

8.3.8.2.2. By Fibre Material Market Share Analysis

8.3.8.2.3. By Application Market Share Analysis

8.3.9. Norway Parachute Market Outlook

8.3.9.1. Market Size & Forecast

8.3.9.1.1. By Volume

8.3.9.1.2. By Value

8.3.9.1.3. By Product Type Market Share Analysis

8.3.9.1.4. By Fibre Material Market Share Analysis

8.3.9.1.5. By Application Market Share Analysis

9. Asia Pacific Parachute Market Outlook

9.1. Market Size & Forecast

9.1.1. By Volume

9.1.2. By Value

9.2. Market Share & Forecast

9.2.1. By Product Type Market Share Analysis

9.2.2. By Fibre Material Market Share Analysis

9.2.3. By Application Market Share Analysis

9.2.4. By Country Market Share Analysis

9.3. Asia Pacific: Country Analysis

9.3.1. China Parachute Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Volume

9.3.1.1.2. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Product Type Market Share Analysis

9.3.1.2.2. By Fibre Material Market Share Analysis

9.3.1.2.3. By Application Market Share Analysis

9.3.2. India Parachute Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Volume

9.3.2.1.2. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Product Type Market Share Analysis

9.3.2.2.2. By Fibre Material Market Share Analysis

9.3.2.2.3. By Application Market Share Analysis

9.3.3. Japan Parachute Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Volume

9.3.3.1.2. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Product Type (Round Parachute, Cruciform Parachute, Rogallo-wing parachutes, Annular parachutes, Ram-air Parachute and Others)

9.3.3.2.2. By Fibre Material (Nylon, Silk, Kevlar, and Others)

9.3.3.2.3. By Application (Military, Commercial, Cargo, Sports, and Others)

9.3.4. South Korea Parachute Market Outlook

9.3.4.1. Market Size & Forecast

9.3.4.1.1. By Volume

9.3.4.1.2. By Value

9.3.4.2. Market Share & Forecast

9.3.4.2.1. By Product Type Market Share Analysis

9.3.4.2.2. By Fibre Material Market Share Analysis

9.3.4.2.3. By Application Market Share Analysis

9.3.5. Malaysia Parachute Market Outlook

9.3.5.1. Market Size & Forecast

9.3.5.1.1. By Volume

9.3.5.1.2. By Value

9.3.5.2. Market Share & Forecast

9.3.5.2.1. By Product Type Market Share Analysis

9.3.5.2.2. By Fibre Material Market Share Analysis

9.3.5.2.3. By Application Market Share Analysis

9.3.6. Indonesia Parachute Market Outlook

9.3.6.1. Market Size & Forecast

9.3.6.1.1. By Volume

9.3.6.1.2. By Value

9.3.6.2. Market Share & Forecast

9.3.6.2.1. By Product Type Market Share Analysis

9.3.6.2.2. By Fibre Material Market Share Analysis

9.3.6.2.3. By Application Market Share Analysis

9.3.7. Thailand Parachute Market Outlook

9.3.7.1. Market Size & Forecast

9.3.7.1.1. By Volume

9.3.7.1.2. By Value

9.3.7.2. Market Share & Forecast

9.3.7.2.1. By Product Type Market Share Analysis

9.3.7.2.2. By Fibre Material Market Share Analysis

9.3.7.2.3. By Application Market Share Analysis

10. South America Parachute Market Outlook

10.1. Market Size & Forecast

10.1.1. By Volume

10.1.2. By Value

10.2. Market Share & Forecast

10.2.1. By Product Type Market Share Analysis

10.2.2. By Fibre Material Market Share Analysis

10.2.3. By Application Market Share Analysis

10.2.4. By Country Market Share Analysis

10.3. South America: Country Analysis

10.3.1. Argentina Parachute Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Volume

10.3.1.1.2. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Product Type Market Share Analysis

10.3.1.2.2. By Fibre Material Market Share Analysis

10.3.1.2.3. By Application Market Share Analysis

10.3.2. Brazil Parachute Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Volume

10.3.2.1.2. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Product Type Market Share Analysis

10.3.2.2.2. By Fibre Material Market Share Analysis

10.3.2.2.3. By Application Market Share Analysis

10.3.3. Colombia Parachute Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Volume

10.3.3.1.2. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Product Type Market Share Analysis

10.3.3.2.2. By Fibre Material Market Share Analysis

10.3.3.2.3. By Application Market Share Analysis

11. Middle East and Africa Parachute Market Outlook

11.1. Market Size & Forecast

11.1.1. By Value

11.1.2. By Volume

11.2. Market Share & Forecast

11.2.1. By Product Type Market Share Analysis

11.2.2. By Fibre Material Market Share Analysis

11.2.3. By Application Market Share Analysis

11.2.4. By Country Market Share Analysis

11.3. Middle East and Africa: Country Analysis

11.3.1. South Africa Parachute Market Outlook

11.3.1.1. Market Size & Forecast

11.3.1.1.1. By Volume

11.3.1.1.2. By Value

11.3.1.2. Market Share & Forecast

11.3.1.2.1. By Product Type Market Share Analysis

11.3.1.2.2. By Fibre Material Market Share Analysis

11.3.1.2.3. By Application Market Share Analysis

11.3.2. Saudi Arabia Parachute Market Outlook

11.3.2.1. Market Size & Forecast

11.3.2.1.1. By Volume

11.3.2.1.2. By Value

11.3.2.2. Market Share & Forecast

11.3.2.2.1. By Product Type Market Share Analysis

11.3.2.2.2. By Fibre Material Market Share Analysis

11.3.2.2.3. By Application Market Share Analysis

11.3.3. United Arab Emirates Parachute Market Outlook

11.3.3.1. Market Size & Forecast

11.3.3.1.1. By Volume

11.3.3.1.2. By Value

11.3.3.2. Market Share & Forecast

11.3.3.2.1. By Product Type Market Share Analysis

11.3.3.2.2. By Fibre Material Market Share Analysis

11.3.3.2.3. By Application Market Share Analysis

12. Market Dynamics

12.1. Market Drivers

12.2. Market Challenges

13. Market Trends and Developments

14. SWOT Analysis

14.1. Strength

14.2. Weakness

14.3. Opportunities

14.4. Threats

15. Porter’s Five Forces Model

15.1. Competitive Rivalry

15.2. Bargaining Power of Suppliers

15.3. Bargaining Power of Buyers

15.4. Threat of New Entrants

15.5. Threat of Substitutes

16. Competitive Landscape

16.1. Company Profiles

16.1.1. Zodiac Aerospace S.a

16.1.1.1. Company Details

16.1.1.2. Products & Services

16.1.1.3. Financial (As Reported)

16.1.1.4. Recent Development

16.1.1.5. Key Management Personnel

16.1.2. Mills Manufacturing Corporation

16.1.2.1. Company Details

16.1.2.2. Products & Services

16.1.2.3. Financial (As Reported)

16.1.2.4. Recent Development

16.1.2.5. Key Management Personnel

16.1.3. Aerodyne Research LLC

16.1.3.1. Company Details

16.1.3.2. Products & Services

16.1.3.3. Financial (As Reported)

16.1.3.4. Recent Development

16.1.3.5. Key Management Personnel

16.1.4. BAE Systems PLC

16.1.4.1. Company Details

16.1.4.2. Products & Services

16.1.4.3. Financial (As Reported)

16.1.4.4. Recent Development

16.1.4.5. Key Management Personnel

16.1.5. Spekon GmbH

16.1.5.1. Company Details

16.1.5.2. Products & Services

16.1.5.3. Financial (As Reported)

16.1.5.4. Recent Development

16.1.5.5. Key Management Personnel

16.1.6. Airborne Systems North America, Inc.

16.1.6.1. Company Details

16.1.6.2. Products & Services

16.1.6.3. Financial (As Reported)

16.1.6.4. Recent Development

16.1.6.5. Key Management Personnel

16.1.7. CIMSA Ingenieria De Sistemas SA

16.1.7.1. Company Details

16.1.7.2. Products & Services

16.1.7.3. Financial (As Reported)

16.1.7.4. Recent Development

16.1.7.5. Key Management Personnel

16.1.8. FXC Corporation

16.1.8.1. Company Details

16.1.8.2. Products & Services

16.1.8.3. Financial (As Reported)

16.1.8.4. Recent Development

16.1.8.5. Key Management Personnel

16.1.9. Ballenger International LLC

16.1.9.1. Company Details

16.1.9.2. Products & Services

16.1.9.3. Financial (As Reported)

16.1.9.4. Recent Development

16.1.9.5. Key Management Personnel

16.1.10. Rostec State Corp

16.1.10.1. Company Details

16.1.10.2. Products & Services

16.1.10.3. Financial (As Reported)

16.1.10.4. Recent Development

16.1.10.5. Key Management Personnel

17. Strategic Recommendations

17.1. Key Focus Areas

17.2. Target Regions & Countries

17.3. Target Product Type

18. About Us & Disclaimer

Report Description

Table of content

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Frequently asked questions

What are the major factors driving global Parachute Market?

What are the types of global Parachute Market by Product Type?

Who are the top players in the global Parachute Market?

Which region is leading in the global Parachute Market?

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Report Description

Table of content

Figures and Tables

Frequently asked questions

What are the major factors driving global Parachute Market?

What are the types of global Parachute Market by Product Type?

Who are the top players in the global Parachute Market?

Which region is leading in the global Parachute Market?

Related Reports