Global Commercial and Military Parachute Market 2020-2024

Global Commercial and Military Parachute Market 2020-2024

Technavio has been monitoring the commercial and military parachute market and it is poised to grow by $ 309.06 mn during 2020-2024 progressing at a CAGR of 5% during the forecast period. Our reports on commercial and military parachute market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the development of advanced aircraft ballistic recovery systems, growth of skydiving tourism and growth of joint defense operations increasing procurement. In addition, development of advanced aircraft ballistic recovery systems is anticipated to boost the growth of the market as well.

The commercial and military parachute market analysis includes type segment and geographical landscapes

Technavio's commercial and military parachute market is segmented as below:

By Type

  • Round
  • Ram air
  • Square and cruciform
  • Drogue
By Geographic Landscapes
  • North America
  • Europe
  • APAC
  • MEA
  • South America
This study identifies the development of parachutes for space applications as one of the prime reasons driving the commercial and military parachute market growth during the next few years. Also, prospective use of nanotechnology for parachute manufacturing and emergence of detachable cabin concept will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our commercial and military parachute market covers the following areas:
  • Commercial and military parachute market sizing
  • Commercial and military parachute market forecast
  • Commercial and military parachute market industry analysis
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading commercial and military parachute market vendors that include Aerodyne Research LLC, BAE Systems Plc, Ballenger International LLC, CIMSA Ingenieria de Sistemas SA, FXC Corp., Mills Manufacturing Corp., Rostec State Corp., Sachsische Spezialkonfektion GmbH, Safran SA, and TransDigm Group Inc.. Also, the commercial and military parachute market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.


  • Executive Summary
  • Market Landscape
    • Market ecosystem
      • Table Parent market
      • Table Market characteristics
    • Value chain analysis
      • Table Value chain analysis: Aerospace and defense market
      • Inputs
      • Inbound logistics:
      • Operations
      • Marketing and sales
      • Aftermarket and service
  • Market Sizing
    • Market definition
      • Table Offerings of vendors included in the market definition
    • Market segment analysis
      • Table Market segments
    • Market size 2019
    • Market outlook: Forecast for 2019 - 2024
      • Table Global - Market size and forecast 2019 - 2024 ($ million)
      • Table Global - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Global market: Year-over-year growth 2019 - 2024 (%)
  • Five Forces Analysis
    • Five forces summary
      • Table Five forces analysis 2019 & 2024
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2019
  • Market Segmentation by Type
    • Market segments
      • Table Type - Market share 2019-2024 (%)
    • Comparison by Type
      • Table Comparison by Type
    • Round - Market size and forecast 2019-2024
      • Table Round - Market size and forecast 2019-2024 ($ million)
      • Table Round - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Round - Year-over-year growth 2019-2024 (%)
    • Ram air - Market size and forecast 2019-2024
      • Table Ram air - Market size and forecast 2019-2024 ($ million)
      • Table Ram air - Market size and forecast 2019-2024 ($ million), exclusive of COVID- 19 impact
      • Table Ram air - Year-over-year growth 2019-2024 (%)
    • Square and cruciform - Market size and forecast 2019-2024
      • Table Square and cruciform - Market size and forecast 2019-2024 ($ million)
      • Table Square and cruciform - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table Square and cruciform - Year-over-year growth 2019-2024 (%)
    • Drogue - Market size and forecast 2019-2024
      • Table Drogue - Market size and forecast 2019-2024 ($ million)
      • Table Drogue - Market size and forecast 2019-2024 ($ million), exclusive of COVID- 19 impact
      • Table Drogue - Year-over-year growth 2019-2024 (%)
    • Market opportunity by Type
      • Table Market opportunity by Type
  • Customer Landscape
    • Table Customer landscape
  • Geographic Landscape
    • Geographic segmentation
      • Table Market share by geography 2019-2024 (%)
    • Geographic comparison
      • Table Geographic comparison
    • North America - Market size and forecast 2019- 2024
      • Table North America - Market size and forecast 2019-2024 ($ million)
      • Table North America - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table North America - Year-over-year growth 2019-2024 (%)
    • Europe - Market size and forecast 2019-2024
      • Table Europe - Market size and forecast 2019-2024 ($ million)
      • Table Europe - Market size and forecast 2019-2024 ($ million), exclusive of COVID- 19 impact
      • Table Europe - Year-over-year growth 2019-2024 (%)
    • APAC - Market size and forecast 2019-2024
      • Table APAC - Market size and forecast 2019-2024 ($ million)
      • Table APAC - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table APAC - Year-over-year growth 2019-2024 (%)
    • MEA - Market size and forecast 2019-2024
      • Table MEA - Market size and forecast 2019-2024 ($ million)
      • Table MEA - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table MEA - Year-over-year growth 2019-2024 (%)
    • South America - Market size and forecast 2019- 2024
      • Table South America - Market size and forecast 2019-2024 ($ million)
      • Table South America - Market size and forecast 2019-2024 ($ million), exclusive of COVID-19 impact
      • Table South America - Year-over-year growth 2019-2024 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity by geography
      • Table Market opportunity by geography ($ million)
  • Drivers, Challenges, and Trends
    • Market drivers – Demand led growth
      • Growth of joint defense operations increasing procurement
      • Growth of skydiving tourism
      • Development of advanced aircraft ballistic recovery systems
    • Market challenges
      • Macroeconomic factors altering market dynamics
      • Reliability concerns associated with parachute systems
      • Supply chain complexities
        • Table Impact of drivers and challenges
    • Market trends
      • Development of parachutes for space applications
      • Prospective use of nanotechnology for parachute manufacturing
      • Emergence of detachable cabin concept
  • Vendor Landscape
    • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
      • Table Industry risks
  • Vendor Analysis
    • Vendors covered
      • Table Vendors covered
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Aerodyne Research LLC
      • Table Aerodyne Research LLC - Overview
      • Table Aerodyne Research LLC - Product and service
      • Table Aerodyne Research LLC - Key offerings
    • BAE Systems Plc
      • Table BAE Systems Plc - Overview
      • Table BAE Systems Plc - Business segments
      • Table BAE Systems Plc - Key news
      • Table BAE Systems Plc - Key offerings
      • Table BAE Systems Plc - Segment focus
    • Ballenger International LLC
      • Table Ballenger International LLC - Overview
      • Table Ballenger International LLC - Product and service
      • Table Ballenger International LLC - Key offerings
    • CIMSA Ingenieria de Sistemas SA
      • Table CIMSA Ingenieria de Sistemas SA - Overview
      • Table CIMSA Ingenieria de Sistemas SA - Product and service
      • Table CIMSA Ingenieria de Sistemas SA - Key offerings
    • FXC Corp.
      • Table FXC Corp. - Overview
      • Table FXC Corp. - Product and service
      • Table FXC Corp. - Key offerings
    • Mills Manufacturing Corp.
      • Table Mills Manufacturing Corp. - Overview
      • Table Mills Manufacturing Corp. - Product and service
      • Table Mills Manufacturing Corp. - Key offerings
    • Rostec State Corp.
      • Table Rostec State Corp. - Overview
      • Table Rostec State Corp. - Product and service
      • Table Rostec State Corp. - Key news
      • Table Rostec State Corp. - Key offerings
    • Sachsische Spezialkonfektion GmbH
      • Table Sachsische Spezialkonfektion GmbH - Overview
      • Table Sachsische Spezialkonfektion GmbH - Product and service
      • Table Sachsische Spezialkonfektion GmbH - Key offerings
    • Safran SA
      • Table Safran SA - Overview
      • Table Safran SA - Business segments
      • Table Safran SA - Key news
      • Table Safran SA - Key offerings
      • Table Safran SA - Segment focus
    • TransDigm Group Inc.
      • Table TransDigm Group Inc. - Overview
      • Table TransDigm Group Inc. - Business segments
      • Table TransDigm Group Inc. - Key news
      • Table TransDigm Group Inc. - Key offerings
      • Table TransDigm Group Inc. - Segment focus
  • Appendix
    • Scope of the report
      • Market definition
      • Objectives
      • Notes and caveats
    • Currency conversion rates for US$
      • Table Currency conversion rates for US$
    • Research methodology
      • Table Research Methodology
      • Table Validation techniques employed for market sizing
      • Table Information sources
    • List of abbreviations
      • Table List of abbreviations

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