Military And Commercial Parachutes Market Size, Share & Trends Analysis Report By Type (Round, Cruciform, Ram-air), By Application (Cargo/Extraction, Deceleration, Emergency), By Region, And Segment Forecasts, 2019 - 2025

Published: Nov, 2019 | Pages: 120 | Publisher: Grand View Research
Industry: Technology & Media | Report Format: Electronic (PDF)

The global military and commercial parachutes market size is expected to reach USD 930.4 million by 2025, growing at a CAGR of 6.1% from 2019 to 2025, according to a new study conducted by Grand View Research, Inc. The increasing expenditure of governments in the defense sector across the world and the growth of adventurers pursuing skydiving/parachuting as a leisure activity are the major driving forces for the growth of the market. Moreover, advancements in the fabric technology amid smart textiles' evolution and its application in parachute manufacturing is likely to propel the utility of parachutes in military and commercial applications.

The application of parachutes for the deployment of troops and supplies during military action and rescue operations in the wake of natural calamities is likely to boost the market for military chutes in the long run. The growth of commercial chutes in aerial sports like parachuting and skydiving has immense growth potential among the adventure seekers, particularly millennials. As per the U.S. Parachuting Association (USPA) records, in 2018, the association had exceeded 40,000 members for the first time in its history of 72 years, corroborating the trend that people are increasingly pursuing the sport.

The rise in number of aerial sports institutes and skydiving schools across the globe has been instrumental in attracting the parachutists and promoting the growth of the skydiving community. Various international skydiving associations such as U.S. Parachute Association, British Parachute Association, Australia Parachute Federation, and New Zealand Parachute Federation promote the culture of parachuting by setting standard rules and regulations and organizing competitions across the regions.

The occurrence of accidents and reports of deaths during parachuting activities, have raised concerns over the safety of the existing chutes. However, research and development and innovations in textile technology are expected to improve the safety, consequently propelling the military and commercial parachutes market growth during the forecast period.

Further key findings from the study suggest:

• The ram-air type segment is anticipated to emerge as the fastest-growing segment over the forecast period owing to its attributes such as increased stability and controlled maneuverability

• The troop/personnel parachutes segment is anticipated to witness the fastest growth over the forecast period due to the increasing adoption and attraction of aerial sports like parachuting and skydiving among the adventure seekers

• The Asia Pacific regional market is expected to exhibit the highest CAGR from 2019 to 2025 owing to the growing arrival of international tourists for experiencing adventure sports and establishment of skydiving hubs in countries such as Singapore, New Zealand, and Australia

• Key players operating in the market include Aerodyne Research, LLC; Airborne Systems; BAE Systems; Butler Parachute Systems, Inc.; Complete Parachutes Solutions; FXC Corporation; Mills Manufacturing; Parachute Systems; SPEKON; and Zodiac Aerospace.

 Table of Contents

Chapter 1 Methodology and Scope
                 1.1 Research Methodology
                 1.2 Research Scope and Assumptions
                 1.3 List of Data Sources
Chapter 2 Executive Summary
                 2.1 Military and Commercial Parachutes Market - Industry Snapshot & Key Buying Criteria, 2014 - 2025
                 2.2 Global Military and Commercial Parachutes Market, 2014 - 2025
                     2.2.1 Global military and commercial parachutes market, by region, 2014 - 2025
                     2.2.2 Global military and commercial parachutes market, by type, 2014 - 2025
                     2.2.3 Global military and commercial parachutes market, by application, 2014 - 2025
Chapter 3 Military and Commercial Parachutes Industry Outlook
                 3.1 Market Segmentation & Scope
                 3.2 Market Size and Growth Prospects
                 3.3 Military and Commercial Parachutes - Value Chain Analysis
                     3.3.1 Vendor landscape
                 3.4 Military and Commercial Parachutes - Market Dynamics
                     3.4.1 Market driver analysis
                     3.4.2 Market restraint analysis
                     3.4.3 Market opportunity analysis
                 3.5 Penetration and Growth Prospect Mapping
                 3.6 Military and Commercial Parachutes Market - Key Company Market Share
                 3.7 Military and Commercial Parachutes - Porter's Five Forces Analysis
                 3.8 Military and Commercial Parachutes - PESTEL Analysis
Chapter 4 Military and Commercial Parachutes Type Outlook
                 4.1 Military and Commercial Parachutes Market Share By Type, 2018
                 4.2 Round
                     4.2.1 Round military and commercial parachutes market, 2014 - 2025
                 4.3 Cruciform
                     4.3.1 Cruciform military and commercial parachutes market, 2014 - 2025
                 4.4 Ram-air
                     4.4.1 Ram-air military and commercial parachutes market, 2014 - 2025
                 4.5 Others
                     4.5.1 Other military and commercial parachutes market, 2014 - 2025
Chapter 5 Military and Commercial Parachutes Application Outlook
                 5.1 Military and Commercial Parachutes Market Share By Application, 2018
                 5.2 Troop/Personnel
                     5.2.1 Troop/Personnel military and commercial parachutes market, 2014 - 2025
                 5.3 Cargo/Extraction
                     5.3.1 Cargo/Extraction military and commercial parachutes market, 2014 - 2025
                 5.4 Deceleration
                     5.4.1 Deceleration military and commercial parachutes market, 2014 - 2025
                 5.5 Emergency
                     5.5.1 Emergency military and commercial parachutes market, 2014 - 2025
                 5.6 Others
                     5.6.1 Other military and commercial parachute applications market, 2014 - 2025
Chapter 6 Military and Commercial Parachutes Market Regional Outlook
                 6.1 Military and Commercial Parachutes Market Share By Region, 2018
                 6.2 North America
                     6.2.1 North America military and commercial parachutes market, 2014 - 2025
                     6.2.2 North America military and commercial parachutes market, by type, 2014 - 2025
                     6.2.3 North America military and commercial parachutes market, by application, 2014 - 2025
                     6.2.4 U.S.
                         6.2.4.1 U.S. military and commercial parachutes market, 2014 - 2025
                         6.2.4.2 U.S. military and commercial parachutes market, by type, 2014 - 2025
                         6.2.4.3 U.S. military and commercial parachutes market, by application, 2014 - 2025
                     6.2.5 Canada
                         6.2.5.1 Canada military and commercial parachutes market, 2014 - 2025
                         6.2.5.2 Canada military and commercial parachutes market, by type, 2014 - 2025
                         6.2.5.3 Canada military and commercial parachutes market, by application, 2014 - 2025
                 6.3 Europe
                     6.3.1 Europe military and commercial parachutes market, 2014 - 2025
                     6.3.2 Europe military and commercial parachutes market, by type, 2014 - 2025
                     6.3.3 Europe military and commercial parachutes market, by application, 2014 - 2025
                     6.3.4 U.K.
                         6.3.4.1 U.K. military and commercial parachutes market, 2014 - 2025
                         6.3.4.2 U.K. military and commercial parachutes market, by type, 2014 - 2025
                         6.3.4.3 U.K. military and commercial parachutes market, by application, 2014 - 2025
                     6.3.5 France
                         6.3.5.1 France military and commercial parachutes market, 2014 - 2025
                         6.3.5.2 France military and commercial parachutes market, by type, 2014 - 2025
                         6.3.5.3 France military and commercial parachutes market, by application, 2014 - 2025
                     6.3.6 Germany
                         6.3.6.1 Germany military and commercial parachutes market, 2014 - 2025
                         6.3.6.2 Germany military and commercial parachutes market, by type, 2014 - 2025
                         6.3.6.3 Germany military and commercial parachutes market, by application, 2014 - 2025
                 6.4 Asia Pacific
                     6.4.1 Asia Pacific military and commercial parachutes market, 2014 - 2025
                     6.4.2 Asia Pacific military and commercial parachutes market, by type, 2014 - 2025
                     6.4.3 Asia Pacific military and commercial parachutes market, by application, 2014 - 2025
                     6.4.4 China
                         6.4.4.1 China military and commercial parachutes market, 2014 - 2025
                         6.4.4.2 China military and commercial parachutes market, by type, 2014 - 2025
                         6.4.4.3 China military and commercial parachutes market, by application, 2014 - 2025
                     6.4.5 New Zealand
                         6.4.5.1 New Zealand military and commercial parachutes market, 2014 - 2025
                         6.4.5.2 New Zealand military and commercial parachutes market, by type, 2014 - 2025
                         6.4.5.3 New Zealand military and commercial parachutes market, by application, 2014 - 2025
                     6.4.6 India
                         6.4.6.1 India military and commercial parachutes market, 2014 - 2025
                         6.4.6.2 India military and commercial parachutes market, by type, 2014 - 2025
                         6.4.6.3 India military and commercial parachutes market, by application, 2014 - 2025
                 6.5 Latin America
                     6.5.1 Latin America military and commercial parachutes market, 2014 - 2025
                     6.5.2 Latin America military and commercial parachutes market, by type, 2014 - 2025
                     6.5.3 Latin America military and commercial parachutes market, by application, 2014 - 2025
                     6.5.4 Brazil
                         6.5.4.1 Brazil military and commercial parachutes market, 2014 - 2025
                         6.5.4.2 Brazil military and commercial parachutes market, by type, 2014 - 2025
                         6.5.4.3 Brazil military and commercial parachutes market, by application, 2014 - 2025
                     6.5.5 Mexico
                         6.5.5.1 Mexico military and commercial parachutes market, 2014 - 2025
                         6.5.5.2 Mexico military and commercial parachutes market, by type, 2014 - 2025
                         6.5.5.3 Mexico military and commercial parachutes market, by application, 2014 - 2025
                 6.6 MEA
                     6.6.1 MEA military and commercial parachutes market, 2014 - 2025
                     6.6.2 MEA military and commercial parachutes market, by type, 2014 - 2025
                     6.6.3 MEA military and commercial parachutes market, by application, 2014 - 2025
Chapter 7 Competitive Landscape
                 7.1 Aerodyne Research, LLC
                     7.1.1 Company overview
                     7.1.2 Financial performance
                     7.1.3 Product benchmarking
                     7.1.4 Strategic initiatives
                 7.2 Airborne Systems
                     7.2.1 Company overview
                     7.2.2 Financial performance
                     7.2.3 Product benchmarking
                     7.2.4 Strategic initiatives
                 7.3 BAE Systems
                     7.3.1 Company overview
                     7.3.2 Financial performance
                     7.3.3 Product benchmarking
                     7.3.4 Strategic initiatives
                 7.4 Butler Parachute Systems, Inc.
                     7.4.1 Company overview
                     7.4.2 Financial performance
                     7.4.3 Product benchmarking
                     7.4.4 Strategic initiatives
                 7.5 Complete Parachutes Solutions
                     7.5.1 Company overview
                     7.5.2 Financial performance
                     7.5.3 Product benchmarking
                     7.5.4 Strategic initiatives
                 7.6 FXC Corporation.
                     7.6.1 Company overview
                     7.6.2 Financial performance
                     7.6.3 Product benchmarking
                     7.6.4 Strategic initiatives
                 7.7 Mills Manufacturing
                     7.7.1 Company overview
                     7.7.2 Financial performance
                     7.7.3 Product benchmarking
                     7.7.4 Strategic initiatives
                 7.8 Parachute Systems
                     7.8.1 Company overview
                     7.8.2 Financial performance
                     7.8.3 Product benchmarking
                     7.8.4 Strategic initiatives
                 7.9 SPEKON
                     7.9.1 Company overview
                     7.9.2 Financial performance
                     7.9.3 Product benchmarking
                     7.9.4 Strategic initiatives
                 7.10 Zodiac Aerospace
                     7.10.1 Company overview
                     7.10.2 Financial performance
                     7.10.3 Product benchmarking
                     7.10.4 Strategic initiatives

List of Tables

TABLE 1 Military and commercial parachutes market - Industry snapshot & key buying criteria, 2014 - 2025
TABLE 2 Global military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 3 Global military and commercial parachutes market, by region, 2014 - 2025 (USD Million)
TABLE 4 Global military and commercial parachutes market, by type, 2014 - 2025 (USD Million)
TABLE 5 Global military and commercial parachutes market, by application, 2014 - 2025 (USD Million)
TABLE 6 Vendor landscape
TABLE 7 Military and commercial parachutes - Key market driver impact
TABLE 8 Military and commercial parachutes - Key market restraint impact
TABLE 9 Military and commercial parachutes - Key market opportunity impact
TABLE 10 Round military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 11 Round military and commercial parachutes market, by region, 2014 - 2025 (USD Million)
TABLE 12 Cruciform military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 13 Cruciform military and commercial parachutes market, by region, 2014 - 2025 (USD Million)
TABLE 14 Ram-air military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 15 Ram-air military and commercial parachutes market, by region, 2014 - 2025 (USD Million)
TABLE 16 Other military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 17 Other military and commercial parachutes market, by region, 2014 - 2025 (USD Million)
TABLE 18 Troop/Personnel military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 19 Troop/Personnel military and commercial parachutes market, by region, 2014 - 2025 (USD Million)
TABLE 20 Cargo/Extraction military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 21 Cargo/Extraction military and commercial parachutes market, by region, 2014 - 2025 (USD Million)
TABLE 22 Deceleration military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 23 Deceleration military and commercial parachutes market, by region, 2014 - 2025 (USD Million)
TABLE 24 Emergency military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 25 Emergency military and commercial parachutes market, by region, 2014 - 2025 (USD Million)
TABLE 26 Other military and commercial parachute applications market, 2014 - 2025 (USD Million)
TABLE 27 Other military and commercial parachute applications market, by region, 2014 - 2025 (USD Million)
TABLE 28 North America military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 29 North America military and commercial parachutes market, by type, 2014 - 2025 (USD Million)
TABLE 30 North America military and commercial parachutes market, by application, 2014 - 2025 (USD Million)
TABLE 31 U.S. military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 32 U.S. military and commercial parachutes market, by type, 2014 - 2025 (USD Million)
TABLE 33 U.S. military and commercial parachutes market, by application, 2014 - 2025 (USD Million)
TABLE 34 Canada military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 35 Canada military and commercial parachutes market, by type, 2014 - 2025 (USD Million)
TABLE 36 Canada military and commercial parachutes market, by application, 2014 - 2025 (USD Million)
TABLE 37 Europe military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 38 Europe military and commercial parachutes market, by type, 2014 - 2025 (USD Million)
TABLE 39 Europe military and commercial parachutes market, by application, 2014 - 2025 (USD Million)
TABLE 40 U.K. military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 41 U.K. military and commercial parachutes market, by type, 2014 - 2025 (USD Million)
TABLE 42 U.K. military and commercial parachutes market, by application, 2014 - 2025 (USD Million)
TABLE 43 France military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 44 France military and commercial parachutes market, by type, 2014 - 2025 (USD Million)
TABLE 45 France military and commercial parachutes market, by application, 2014 - 2025 (USD Million)
TABLE 46 Germany military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 47 Germany military and commercial parachutes market, by type, 2014 - 2025 (USD Million)
TABLE 48 Germany military and commercial parachutes market, by application, 2014 - 2025 (USD Million)
TABLE 49 Asia Pacific military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 50 Asia Pacific military and commercial parachutes market, by type, 2014 - 2025 (USD Million)
TABLE 51 Asia Pacific military and commercial parachutes market, by application, 2014 - 2025 (USD Million)
TABLE 52 China military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 53 China military and commercial parachutes market, by type, 2014 - 2025 (USD Million)
TABLE 54 China military and commercial parachutes market, by application, 2014 - 2025 (USD Million)
TABLE 55 New Zealand military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 56 New Zealand military and commercial parachutes market, by type, 2014 - 2025 (USD Million)
TABLE 57 New Zealand military and commercial parachutes market, by application, 2014 - 2025 (USD Million)
TABLE 58 India military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 59 India military and commercial parachutes market, by type, 2014 - 2025 (USD Million)
TABLE 60 India military and commercial parachutes market, by application, 2014 - 2025 (USD Million)
TABLE 61 Latin America military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 62 Latin America military and commercial parachutes market, by type, 2014 - 2025 (USD Million)
TABLE 63 Latin America military and commercial parachutes market, by application, 2014 - 2025 (USD Million)
TABLE 64 Brazil military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 65 Brazil military and commercial parachutes market, by type, 2014 - 2025 (USD Million)
TABLE 66 Brazil military and commercial parachutes market, by application, 2014 - 2025 (USD Million)
TABLE 67 Mexico military and commercial parachutes market, 2014 - 2025 (USD Million)
TABLE 68 Mexico military and commercial parachutes market, by type, 2014 - 2025 (USD Million)
TABLE 69 MEA military and commercial parachutes market, by application, 2014 - 2025 (USD Million)
TABLE 70 MEA military and commercial parachutes market, by type, 2014 - 2025 (USD Million)
TABLE 71 MEA military and commercial parachutes market, by application, 2014 - 2025 (USD Million)

List of Figures

FIG. 1 Market segmentation & scope
FIG. 2 Global military and commercial parachutes market, 2014 - 2025 (USD Million)
FIG. 3 Military and commercial parachutes - Value chain analysis
FIG. 4 Military and commercial parachutes - Market dynamics
FIG. 5 Key opportunities prioritized
FIG. 6 Military and commercial parachutes market - Key company market share analysis, 2018
FIG. 7 Military and commercial parachutes - Porter's five forces analysis
FIG. 8 Military and commercial parachutes - PESTEL analysis
FIG. 9 Military and commercial parachutes market, by type, 2018
FIG. 10 Military and commercial parachutes market, by application, 2018
FIG. 11 Military and commercial parachutes market, by region, 2018
FIG. 12 Military and commercial parachutes market - Regional takeaways
FIG. 13 North America military and commercial parachutes market - Key takeaways
FIG. 14 Europe military and commercial parachutes market - Key takeaways
FIG. 15 Asia Pacific military and commercial parachutes market - Key takeaways
FIG. 16 Latin America military and commercial parachutes market - Key takeaways
FIG. 17 MEA military and commercial parachutes market - Key takeaways