Global Military Parachute
Market Report
2025
The global Military Parachute market size is USD 3.7 billion in 2024. The Military Parachute market will show strongest growth with a compound annual growth rate (CAGR) of 5.9% from 2024 to 2031. This growth can be attributed to a focus on enhancing operational capabilities and safety.
The base year for the calculation is 2024. The historical will be 2021 to 2024. The year 2025 will be estimated one while the forecasted data will be from year 2025 to 2033. When we deliver the report that time we updated report data till the purchase date.
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2021 | 2025 | 2033 | CAGR | |
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Global Military Parachute Market Sales Revenue | $ 1.09 Billion | 121212 | 121212 | 5.9% |
Base Year | 2024 |
Historical Data Time Period | 2021-2024 |
Forecast Period | 2025-2033 |
Market Split by Product Type |
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Market Split by Application |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Military Parachute Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
A parachute is a device that uses drag to reduce the speed of an item falling through the atmosphere. It is made up of a fabric canopy that suspends the person or object. The parachute overcomes air resistance by propelling air in front of it, creating a structured 'wing' behind which the canopy pilot can fly. Military parachutes were employed to transport men and supplies into action as early as World War II. Large military aircraft frequently drop cargo and supplies over isolated military locations using parachutes. The military uses a variety of parachutes, including round, ram-air, and square parachutes. Moreover, the market for military parachutes is expanding due to additional causes such as rising security concerns brought on by international terrorism and territorial conflicts, as well as a rise in the need for UAV parachutes for military applications
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In July 2021, Lockheed Martin was awarded a USD 62 million contract to supply parachutes and drag chute systems for F-35 Lightning II combat aircraft. The contract covers the purchase of 190 parachutes and 56 drag chute systems for non-DOD participants and Foreign Military Sales (FMS) clients. (Source: https://www.technicaltextiles.in/parachute-value-chain/)
Top Companies Market Share in Military Parachute Industry: (In no particular order of Rank)
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According to Cognitive Market Research, In 2024, the North American Military Parachute market accounted for the vast bulk of the share. North America has the largest military parachute market share. Due to strong market competition, the availability of technologically advanced military parachutes is expected to boost sales growth in the sector
The Military Parachute market in Asia Pacific is predicted to expand at the quickest CAGR between 2024 and 2032. Conversely, the Asia-Pacific region is expected to have the highest CAGR due to rising disposable income and the region's growing popularity of aerial sports such as skydiving and parachute jumping. Furthermore, India's Military Parachute market had the highest market share, while China's Military Parachute market was the fastest expanding in the Asia Pacific region
The current report Scope analyzes Military Parachute Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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Global Military Parachute Market Report 2025 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Military Parachute Industry growth. Military Parachute market has been segmented with the help of its Product Type, Application , and others. Military Parachute market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to cognitive market research, the round parachute sector leads the market for parachute types included in this report. Round parachutes are most commonly employed in military ejection seats, cargo, and drogue chutes. These parachutes are also used for recreational purposes like as parasailing and aircraft recovery systems. Due to rising investment by nations like China and India to improve their air superiority, the market for round parachutes in the Asia-Pacific region would undergo rapid rise
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Military Parachute Industry. Request a Free Sample PDF!
This report provides a comprehensive forecast of revenue growth for the Military Parachute industry at the global, regional, and country levels, from 2019 to 2031. It includes a detailed analysis of the latest industry trends and identifies key opportunities for each Application segment of machinery and equipment. The analysis covers demand across various end-use industries, such as automotive, HVAC, construction, energy, and others. By examining these application segments, the report helps stakeholders understand the factors driving growth in specific sectors and identify high-potential areas for investment and innovation. To perform a thorough Application segment analysis, the report considers several key factors. These include industry-specific demand patterns, technological advancements in machinery, and regional growth trends that influence specific applications. Additional factors such as regulatory requirements, supply chain dynamics, end-user preferences, and market competition are also examined to assess how they impact the adoption and performance of machinery in different sectors. The analysis further includes confidential insights like value chain evaluation, patent trends, and company performance metrics (through a Company Evaluation Quadrant), providing a complete view of each application’s evolution within the machinery and equipment market. (Report will provide you with customized data, and detailed insight on purchase of paid version of the report)
Some of the key Application of Military Parachute are:
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Research Associate at Cognitive Market Research
I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.
I am Aarti Bagekari, worked as a research associate with strong passion for transforming complex information into strategic insights. My strong analytical skills, coupled with a deep understanding of market dynamics and consumer behavior, empower me to identify hidden opportunities and proactively mitigate risks for clients. As a part of team, I possess a skills in data analysis, segmentation, competitive landscape.
Our study will explain complete manufacturing process along with major raw materials required to manufacture end-product. This report helps to make effective decisions determining product position and will assist you to understand opportunities and threats around the globe.
The Global Military Parachute Market is witnessing significant growth in the near future.
In 2023, the Round-type Parachute segment accounted for noticeable share of global Military Parachute Market and is projected to experience significant growth in the near future.
The Personnel parachutes segment is expected to expand at the significant CAGR retaining position throughout the forecast period.
Some of the key companies Airborne Systems, Cimsa Ingenieria De Sistemas and others are focusing on its strategy building model to strengthen its product portfolio and expand its business in the global market.
Please note, we have not disclose, all the sources consulted/referred during a market study due to confidentiality and paid service concern. However, rest assured that upon purchasing the service or paid report version, we will release the comprehensive list of sources along with the complete report and we also provide the data support where you can intract with the team of analysts who worked on the report.
Disclaimer:
Product Type | Round-type Parachute, Cruciform Parachute, Ribbon and ring/ Annular, Ram air parachute |
Application | Personnel parachutes, Cargo Parachutes |
List of Competitors | Airborne Systems, Butler Parachute Systems, Cimsa Ingenieria De Sistemas, S.A., Complete Parachute Solutions, Inc., Fujikura Parachute CO., LTD., FXC Corporation, MAGAM SAFETY Ltd., Mills Manufacturing, Spekon, VITAL PARACHUTE INC. |
This chapter will help you gain GLOBAL Market Analysis of Military Parachute. Further deep in this chapter, you will be able to review Global Military Parachute Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
This chapter will help you gain North America Market Analysis of Military Parachute. Further deep in this chapter, you will be able to review North America Military Parachute Market Split by various segments and Country Split.
Chapter 2 North America Market Analysis
This chapter will help you gain Europe Market Analysis of Military Parachute. Further deep in this chapter, you will be able to review Europe Military Parachute Market Split by various segments and Country Split.
Chapter 3 Europe Market Analysis
This chapter will help you gain Asia Pacific Market Analysis of Military Parachute. Further deep in this chapter, you will be able to review Asia Pacific Military Parachute Market Split by various segments and Country Split.
Chapter 4 Asia Pacific Market Analysis
This chapter will help you gain South America Market Analysis of Military Parachute. Further deep in this chapter, you will be able to review South America Military Parachute Market Split by various segments and Country Split.
Chapter 5 South America Market Analysis
This chapter will help you gain Middle East Market Analysis of Military Parachute. Further deep in this chapter, you will be able to review Middle East Military Parachute Market Split by various segments and Country Split.
Chapter 6 Middle East Market Analysis
This chapter will help you gain Middle East Market Analysis of Military Parachute. Further deep in this chapter, you will be able to review Middle East Military Parachute Market Split by various segments and Country Split.
Chapter 7 Africa Market Analysis
This chapter provides an in-depth analysis of the market share among key competitors of Military Parachute. The analysis highlights each competitor's position in the market, growth trends, and financial performance, offering insights into competitive dynamics, and emerging players.
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
This chapter would comprehensively cover market drivers, trends, restraints, opportunities, and various in-depth analyses like industrial chain, PESTEL, Porter’s Five Forces, and ESG, among others. It would also include product life cycle, technological advancements, and patent insights.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Product Type Analysis 2019 -2031, will provide market size split by Product Type. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Product Type Analysis 2021 - 2033
The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 11 Market Split by Application Analysis 2021 - 2033
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Military Parachute market
Chapter 12 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Chapter 13 Research Methodology and Sources
Why Round-type Parachute have a significant impact on Military Parachute market? |
What are the key factors affecting the Round-type Parachute and Cruciform Parachute of Military Parachute Market? |
What is the CAGR/Growth Rate of Personnel parachutes during the forecast period? |
By type, which segment accounted for largest share of the global Military Parachute Market? |
Which region is expected to dominate the global Military Parachute Market within the forecast period? |
Segmentation Level Customization |
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Global level Data Customization |
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Region level Data Customization |
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Country level Data Customization |
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Company Level |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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Service Level Customization |
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Report Format Alteration |
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