Parachute Market PPT: Trends and Dynamics, Drivers, Competitive landscape and Future Opportunities 2027

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Global Parachute Market Research and Forecast
Report 2022-2027




Author Elena Anderson Marketing Manager IMARC
Group
2022 IMARC All Rights Reserved
Copyright IMARC Service Pvt Ltd. All Rights
Reserved
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About IMARC Group
Report Description
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Report Description and Highlights
Report Description
Global Parachute Market Research Report
2022-2027 According to the latest report by
IMARC Group, titled "Parachute Market Global
Industry Trends, Share, Size, Growth, Opportunity
and Forecast 2022-2027," the global parachute
market reached a value of US 564.3 Million in
2021. A parachute refers to a piece of
dome-shaped equipment that enables a horizontally
moving individual or object to descend slowly on
the land by increasing air resistance and
creating drag during free fall. Apart from this,
a parachute reduces a load of an individual
sufficiently to avoid injury while reaching the
ground, minimizes descending speed, and maintains
greater control of airspeed. It is manufactured
by sectioning two layers of strong, lightweight
silk or nylon fabric material into long-tubular
cells. At present, parachutes are commercially
available in round-type, cruciform, ram-air,
annular, and Rogallo-wing types. These product
variants include stabilizers, pilot chute,
harness, container, reserve static line, toggles,
and ripcord as common components, which ensures a
safer jump. Request for a PDF sample of this
report https//www.imarcgroup.com/parachute-marke
t/requestsample

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Report Description and Highlights
Report Description
Global Parachute Market Trends With the
considerable expansion in the military and
defense sector, there has been growing demand for
parachutes for distribution, transportation,
training, joint-para trooping, and intelligence,
surveillance, and reconnaissance (ISR)
activities, which is primarily driving the market
growth. This is further supported by the
extensive utilization of parachute bombs with
unmanned aerial vehicles (UAV), microlights, and
light aircraft to mitigate kinetic energy while
landing. In line with this, the increasing need
for a personalized traveling experience, and the
emerging trend of adventure sports, such as
skydiving, paragliding, and paramotoring, have
facilitated the widespread adoption of the
parachute. This acts as another growth-inducing
factor. Additionally, the introduction of
technologically advanced lightweight military
parachutes with global positioning systems (GPS),
microlights, hang gliders, and drogue chutes to
ensure safer landing on uneven surfaces is
contributing to the market growth. Moreover, the
fueling uptake of drone parachutes across the oil
and gas industry to instantly identify leaks and
spills with the support of aerial view to reduce
downtime is positively stimulating the market
growth. Other factors, such as continuous
research and development (RD) activities and
strategic collaborations amongst key players to
enhance product performance and overall sales,
are creating a positive outlook for the market.

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Report Description and Highlights
Report Description
Looking forward, IMARC Group expects the market
to reach US 809.6 Million by 2027, exhibiting at
a CAGR of 5.70 during 2022-2027. View Report
TOC, Figures and Tables https//www.imarcgroup.co
m/parachute-market

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Report Description and Highlights
Report Description

• Key Market Segmentation
• The research report includes the following
  segments
• Breakup by Type
• Round Parachute
• Cruciform Parachute
• Ram-Air Parachute
• Others
•  
• Breakup by Fabric Material
• Nylon
• Silk
• Kevlar
• Others
• Breakup by Application
• Military
• Cargo
• Others

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Report Description and Highlights
Report Description

•  
• Breakup by Region
• North America
• Asia Pacific
• Europe
• Latin America
• Middle East and Africa
• Competitive Landscape with Key Players
• Aerodyne Research LLC
• Airborne Systems (TransDigm Inc.)
• BAE Systems plc
• Ballenger International LLC
• Butler Parachute Systems Inc
• Cimsa Ingeniería de Sistemas S.A
• Fxc Corporation
• Mills Manufacturing Corporation
• NH Global Sdn Bhd
• Parachute Systems

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Key Questions Answered in the Report
Report Description

• What was the size of the global parachute market
  in 2021?
• What is the expected growth rate of the global
  parachute market during 2022-2027?
• What has been the impact of COVID-19 on the
  global parachute market?
• What are the key factors driving the global
  parachute market?
• What is the breakup of the global parachute
  market based on the type?
• What is the breakup of the global parachute
  market based on the application?
• What are the key regions in the global parachute
  market?
• Who are the key players/companies in the global
  parachute market?
•  

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Table of Contents
Report Description
1    Preface2    Scope and Methodology    2.1
   Objectives of the Study    2.2  
 Stakeholders    2.3    Data Sources       
2.3.1    Primary Sources        2.3.2  
 Secondary Sources    2.4    Market Estimation 
      2.4.1    Bottom-Up Approach        2.4.2  
 Top-Down Approach    2.5    Forecasting
Methodology3    Executive Summary4  
 Introduction    4.1    Overview    4.2    Key
Industry Trends5    Global Parachute Market   
5.1    Market Overview    5.2    Market
Performance    5.3    Impact of COVID-19    5.4
   Market Forecast

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Table of Contents
Report Description
6    Market Breakup by Type    6.1    Round
Parachute        6.1.1 Market Trends       
6.1.2 Market Forecast    6.2    Cruciform
Parachute        6.2.1 Market Trends       
6.2.2 Market Forecast    6.3    Ram-Air
Parachute        6.3.1 Market Trends       
6.3.2 Market Forecast    6.4    Others       
6.4.1 Market Trends        6.4.2 Market
Forecast7    Market Breakup by Fabric Material 
  7.1     Nylon        7.1.1 Market Trends     
  7.1.2 Market Forecast          Click here to
visit the complete table of content with list of
figures and tables https//www.imarcgroup.com/par
achute-market/toc

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Partial List of Clients
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world's leading corporates, governments, and
institutions
A partial List of our Clients
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Partial List of Clients
We are the trusted business partners to the
world's leading corporates, governments, and
institutions
A partial List of our Clients
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Report Description and Highlights
Report Description

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