MRO Magazine

Research and Markets: Parachute Market by Application, by Type, by Component, by Region – Global Forecasts to 2020


December 15, 2015
By Business Wire News

DUBLIN

Research and Markets (http://www.researchandmarkets.com/research/ldpx4q/parachute_market) has announced the addition of the “Parachute Market by Application, by Type, by Component, by Region – Global Forecasts to 2020” report to their offering.

The global parachute market is valued at USD 910.50 Million in 2015 and is projected to reach USD 1.21 Billion by 2020 at a CAGR of 5.92%. The market is segmented by application, by component, and by type.

As compared to other mechanisms during small war contingency operations, airborne forces play a pivotal role by jumping in a battalion or brigade in a moment’s notice and being operation ready overnight. Other alternative units will require an airstrip, equipment loading capabilities, and helicopters in such situations, that may take a week or two.

The market size estimations for the various segments and subsegments of this market were arrived at through extensive secondary research, corroboration with primaries, and further market triangulation with the help of statistical techniques using econometric tools. Several nations have engaged their RDT&E activities towards various emerging applications of parachutes, which strongly highlight the market dynamics of parachute industry.

The forecast is towards potentially more airdrop applications with gliding and non-gliding parachute operations. The demand for troop parachutes and aerial delivery would become a necessity that drives the need to develop and produce more parachutes which are lightweight and have high load carrying capabilities.

In a nutshell, this research report is consolidated business intelligence on the parachute market. It will also help the parachute industry, and its stakeholders to identify hot revenue pockets in this market.

Target Audience for this Report:

– Departments of Defense (DoDs)

– U.S. Department of Commerce

– Bureau of Industry and Security

– Parachute Manufacturers

– Component Manufactures

– Parachute Fabric Suppliers

– Space Systems

– Air Systems in Defense in Commercial Industry

Scope of the Report

Global Parachute Market, By Application

– Military

– Cargo

– Sports

– Rescue

– Recovery

– Break Chutes

Global Parachute Market, By Components

– Canopy

– Cords

– Tapes

– Webbings

– Metal

Global Parachute Market, By Type

– Round Parachute

– Ram-air Parachute

– Square or Parafoil Parachute

– Ring or Ribbon Parachute

Companies Mentioned

– Airborne Systems

– Atair Aerospace, Inc.

– Ballenger International, LLC

– Butler Parachute Systems Group, Inc.

– Cimsa Ingenieria De Sistemas, S.A.

– Cirrus Aircraft

– FXC Corporation

– Mills Manufacturing

– NH Global SDN BHD

– Parachute Systems

– Spekon

– Zodiac Aerosafety

For more information visit http://www.researchandmarkets.com/research/ldpx4q/parachute_market

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Aerospace and Defence