The Parachutes market was valued at 890 Million US$ in 2017 and is projected to reach 1320 Million US$ by 2025, at a CAGR of 5.1% during the forecast period.

Los Angeles, CA -- (SBWire) -- 11/30/2018 --QY Research has lately published a new report on "Global Parachutes Market: Industrial Chain Market Insights, Growth Trends and Competitive Analysis 2025," for the forecasted period 8-years, i.e. between 2017 and 2025.

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.

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 Parachutes market was valued at 890 Million US$ in 2017 and is projected to reach 1320 Million US$ by 2025, at a CAGR of 5.1% during the forecast period. In this study, 2017 has been considered as the base year and 2018 to 2025 as the forecast period to estimate the market size for Parachutes.

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This study focuses on the production side and consumption side of Parachutes, presents the global Parachutes market size by manufacturers, regions, type and application, history breakdown data from 2013 to 2018, and forecast to 2025.

In terms of production side, this report researches the Parachutes capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Parachutes by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

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This Report includes the following Segment;

Market Segment by Product Type

Round Parachutes

Ram-air Parachutes

Annular Parachutes

Ribbon and Ring Parachutes

Others

Market Segment by Application

Military

Civil

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