Global Parachute Market Research and Forecast Report 2022-2027
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Report Description and Highlights Report Description Global Parachute Market Research Report: 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 strong growth in 2021. A parachute represents a dome-shaped device that slows down the vertical descent of a person falling through the atmosphere. It is generally manufactured using lightweight and strong fabrics, such as nylon, Kevlar, silk, etc., and reinforces handholds to increase air resistance and create drag during a free fall. Furthermore, a parachute slows the load sufficiently to prevent and minimize injury or impact while landing on the ground. Consequently, it is used for slowing a returning space capsule after entering into the atmosphere. Request Free Sample Report: https://www.imarcgroup.com/parachute-market/requestsample
Report Description and Highlights Report Description Global Parachute Market Trends : The widespread product adoption across the defense and military sectors for transportation, troop distribution, and training purposes is primarily driving the parachute market. Additionally, the inflating popularity of adventure sports, including para jumping, skydiving, paragliding, paramotoring, etc., among individuals for stress relief and boosting confidence is further catalyzing the market growth. Besides this, the growing utilization of drogue chutes in aircraft to provide control and stable landing on icy and wet runways is acting as another significant growth-inducing factor. Moreover, the escalating product demand in unmanned aerial vehicles (UAVs) to reduce their kinetic energy while descending and landing is also augmenting the global market. Apart from this, the rising investments in R&D activities aimed at launching technologically developed military product variants for ballistic purposes are anticipated to fuel the parachute market over the forecasted period. Looking forward, the market value is projected to reach a strong growth during the forecast period (2022-2027).
Report Description and Highlights Report Description Market Summary: 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
Report Description and Highlights Report Description Breakup by Region: •North America • United States • Canada •Asia Pacific • China • Japan • India • South Korea • Australia • Indonesia • Others •Europe • Germany • France • United Kingdom • Italy • Spain • Russia • Others
Report Description and Highlights Report Description •Latin America • Brazil • Mexico • Others •Middle East and Africa Note: We are updating our reports, If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report.
Report Description and Highlights Report Description 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 Precision Aerodynamics Sachsische Spezialkonfektion GmbH.
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© 2019 IMARC All Rights Reserved This Publication and all it’s contents unless otherwise mentioned are copyrighted in the name of International Market Analysis Research and Consulting (IMARC). No part of this publication may be reproduced, repackaged, redistributed or resold in whole or in any part. The publication may also not be used in any form or by and means graphic electronic or mechanical, including photocopying, recording, taping or by information storage or retrieval, or by any other form, without the express consent of International Market Analysis Research and Consulting (IMARC). Disclaimer: All contents and data of this publication, including forecasts, data analysis and opinion have been based on information and sources believed to be accurate and reliable at the time of publishing. International Market Analysis Research and Consulting makes no representation of warranty of any kind as to the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any loss or damage resulting from opinion, errors or inaccuracies if any found this publication. IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of their respective companies.
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