Los Angeles, CA -- (SBWIRE) -- 05/14/2019 -- Parachutes are devices utilized to decelerate or stabilize objects, people, or vehicles in their travel through an atmosphere. They are most commonly constructed of high-strength fabric. These lightweight and low-volume instruments develop a large surface area and significant drag upon deployment.
Round parachutes were the most preferred type during the study period. This large share could be accounted to their growing application in the ejection seats, aircraft recovery systems, parasailing, and emergency landing system for small aircraft, among others.
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The major players are Airborne Systems, Zodiac Aerospace, Avic, BRS Aerospace, Fujikura Parachute, Performance Designs, VITAL Parachute, Mills Manufacturing, Vertical do Ponto, Complete Parachute, Autoflug, FXC Corporation, Butler Parachute, NZ Aerosports, National Parachute, Parachute Systems, Parachute Laboratories, Spekon, Magam Safety, Antares IAC and etc.
The global Parachutes market was 890 million US$ in 2018 and is expected to 1320 million US$ by the end of 2025, growing at a CAGR of 5.1% between 2019 and 2025.
This report studies the Parachutes market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Parachutes in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
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By the product type, the market is primarily split into
Round Parachutes
Ram-air Parachutes
Annular Parachutes
Ribbon and Ring Parachutes
Others
By the end users/application, this report covers the following segments
Military
Civil
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