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Global Military Parachute Market Size study & Forecast, by Product Type (Round Type Parachute, Cruciform Parachute, Ribbon and Ring/Annular Parachute, Ram Air Parachute) By Components (Canopy, Cords, Tapes/ Webbings, Metal) By Application (Personnel Parachutes, Cargo, Parachutes) and Regional Analysis, 2023-2030

May 2024 | 200 pages | ID: GA0601F968EDEN
Bizwit Research & Consulting LLP

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Global Military Parachute Market is valued approximately USD 1.16 billion in 2022 and is anticipated to grow with a healthy growth rate of more than 5.9% over the forecast period 2023-2030. A military parachute is a type of parachute designed for usage by military personnel. It is employed for several objectives, including air assault operations, airborne training, and supply and equipment delivery. The Military Parachute market is expanding because of factors such as increasing number of territorial conflicts and rising defense spending. Military parachutes are often built to resist extreme temperatures and hefty loads. They are made of high-strength textiles like nylon or Kevlar and are frequently reinforced with additional stitching and webbing. Its importance has progressively increased during the last few decades.

According to the Council on Foreign Relation, Hundreds of Indian and Chinese forces battled near their disputed border on December 9, 2022. This recent encounter exemplifies the two countries' ongoing tensions. The conflict not only reflects the growing strain on the China-India bilateral relationship, but the Chinese media portrayal also indicates a crucial miscalculation of the depth of India's concerns about China and its strategic priorities. Furthermore, in June 2020, the tensions in the South China Sea between China and the United States have risen as both nations step up their military operations in the disputed waters. Another important component driving space is increasing defense spending. According to Statista, in 2021 the United States was the nation with the largest military budget with USD 801 billion allocated to the military. That accounted for 38% of the 2.1 trillion dollars in total military spending across the globe. In addition, North America spent USD 827 billion on its military. In the same year, this amount in East Asia was USD 411 billion. Also, rising investment in parachute manufacturing businesses and increasing number of global terrorisms would create a lucrative growth prospectus for the market over the forecast period. However, the high cost of Military Parachute stifles market growth throughout the forecast period of 2023-2030.

The key regions considered for the Global Military Parachute Market study includes Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. North America dominated the market in 2022 owing to the presence of key market players in the region. According to the Statista, Defense outlays in the United States amounted to USD 746 billion in 2023. The forecast predicts an increase in defense outlays up to USD 1.1 trillion in 2033. Asia Pacific is expected to grow significantly during the forecast period, owing to the rising territorial conflicts between India and China and increasing defense spending in the market space.

Major market player included in this report are:
Aerodyne Research, LLC,
Airborne systems, Inc.,
Atair Aerospace,
Avic Hongguang Airborne Equipment, BAE System Plc,
Ballenger International,
Butler parachute systems,
CIMSA Ingenierнa de Sistemas, S.A.
The Cirrus Design Corporation
FXC Corporation

Recent Developments in the Market:
In July 2022, BAE Systems and VRAI collaborates for the next generation of training for military forces by utilizing the combined capability of virtual reality and artificial intelligence.

Global Military Parachute Market Report Scope:
Historical Data – 2020 - 2021
Base Year for Estimation – 2022
Forecast period - 2023-2030
Report Coverage - Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
Segments Covered - Product Type , Components, Application, Region
Regional Scope - North America; Europe; Asia Pacific; Latin America; Middle East & Africa
Customization Scope - Free report customization (equivalent up to 8 analyst’s working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Product Type
Round Type Parachute
Cruciform Parachute
Ribbon and Ring/Annular Parachute
Ram Air Parachute

By Components
Canopy
Cords
Tapes/ Webbings
Metal

By Application
Personnel Parachutes
Cargo Parachutes

By Region:

North America
U.S.
Canada

Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC

Latin America
Brazil
Mexico

Middle East & Africa
Saudi Arabia
South Africa
Rest of Middle East & Africa
CHAPTER 1. EXECUTIVE SUMMARY

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2030 (USD Billion)
  1.2.1. Military Parachute Market, by Region, 2020-2030 (USD Billion)
  1.2.2. Military Parachute Market, by Product Type, 2020-2030 (USD Billion)
  1.2.3. Military Parachute Market, by Components, 2020-2030 (USD Billion)
  1.2.4. Military Parachute Market, by Application, 2020-2030 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

CHAPTER 2. GLOBAL MILITARY PARACHUTE MARKET DEFINITION AND SCOPE

2.1. Objective of the Study
2.2. Market Definition & Scope
  2.2.1. Industry Evolution
  2.2.2. Scope of the Study
2.3. Years Considered for the Study
2.4. Currency Conversion Rates

CHAPTER 3. GLOBAL MILITARY PARACHUTE MARKET DYNAMICS

3.1. Military Parachute Market Impact Analysis (2020-2030)
  3.1.1. Market Drivers
    3.1.1.1. Increasing number of territorial conflicts
    3.1.1.2. Rising defence spending
  3.1.2. Market Challenges
    3.1.2.1. High Cost of Military Parachute
  3.1.3. Market Opportunities
    3.1.3.1. Rising investment in parachute manufacturing businesses
    3.1.3.2. Increasing number of global terrorisms

CHAPTER 4. GLOBAL MILITARY PARACHUTE MARKET INDUSTRY ANALYSIS

4.1. Porter’s 5 Force Model
  4.1.1. Bargaining Power of Suppliers
  4.1.2. Bargaining Power of Buyers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s 5 Force Impact Analysis
4.3. PEST Analysis
  4.3.1. Political
  4.3.2. Economical
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top investment opportunity
4.5. Top winning strategies
4.6. COVID-19 Impact Analysis
4.7. Disruptive Trends
4.8. Industry Expert Perspective
4.9. Analyst Recommendation & Conclusion

CHAPTER 5. GLOBAL MILITARY PARACHUTE MARKET, BY PRODUCT TYPE

5.1. Market Snapshot
5.2. Global Military Parachute Market by Product Type, Performance - Potential Analysis
5.3. Global Military Parachute Market Estimates & Forecasts by Product Type 2020-2030 (USD Billion)
5.4. Military Parachute Market, Sub Segment Analysis
  5.4.1. Round Type Parachute
  5.4.2. Cruciform Parachute
  5.4.3. Ribbon and Ring/Annular Parachute
  5.4.4. Ram Air Parachute

CHAPTER 6. GLOBAL MILITARY PARACHUTE MARKET, BY COMPONENTS

6.1. Market Snapshot
6.2. Global Military Parachute Market by Components, Performance - Potential Analysis
6.3. Global Military Parachute Market Estimates & Forecasts by Components 2020-2030 (USD Billion)
6.4. Military Parachute Market, Sub Segment Analysis
  6.4.1. Canopy
  6.4.2. Cords
  6.4.3. Tapes/ Webbings
  6.4.4. Metal

CHAPTER 7. GLOBAL MILITARY PARACHUTE MARKET, BY APPLICATION

7.1. Market Snapshot
7.2. Global Military Parachute Market by Application, Performance - Potential Analysis
7.3. Global Military Parachute Market Estimates & Forecasts by Application 2020-2030 (USD Billion)
7.4. Military Parachute Market, Sub Segment Analysis
  7.4.1. Personnel Parachutes
  7.4.2. Cargo Parachutes

CHAPTER 8. GLOBAL MILITARY PARACHUTE MARKET, REGIONAL ANALYSIS

8.1. Top Leading Countries
8.2. Top Emerging Countries
8.3. Military Parachute Market, Regional Market Snapshot
8.4. North America Military Parachute Market
  8.4.1. U.S. Military Parachute Market
    8.4.1.1. Product Type breakdown estimates & forecasts, 2020-2030
    8.4.1.2. Components breakdown estimates & forecasts, 2020-2030
    8.4.1.3. Application breakdown estimates & forecasts, 2020-2030
  8.4.2. Canada Military Parachute Market
8.5. Europe Military Parachute Market Snapshot
  8.5.1. U.K. Military Parachute Market
  8.5.2. Germany Military Parachute Market
  8.5.3. France Military Parachute Market
  8.5.4. Spain Military Parachute Market
  8.5.5. Italy Military Parachute Market
  8.5.6. Rest of Europe Military Parachute Market
8.6. Asia-Pacific Military Parachute Market Snapshot
  8.6.1. China Military Parachute Market
  8.6.2. India Military Parachute Market
  8.6.3. Japan Military Parachute Market
  8.6.4. Australia Military Parachute Market
  8.6.5. South Korea Military Parachute Market
  8.6.6. Rest of Asia Pacific Military Parachute Market
8.7. Latin America Military Parachute Market Snapshot
  8.7.1. Brazil Military Parachute Market
  8.7.2. Mexico Military Parachute Market
8.8. Middle East & Africa Military Parachute Market
  8.8.1. Saudi Arabia Military Parachute Market
  8.8.2. South Africa Military Parachute Market
  8.8.3. Rest of Middle East & Africa Military Parachute Market

CHAPTER 9. COMPETITIVE INTELLIGENCE

9.1. Key Company SWOT Analysis
  9.1.1. Company
  9.1.2. Company
  9.1.3. Company
9.2. Top Market Strategies
9.3. Company Profiles
  9.3.1. Aerodyne Research, LLC,
    9.3.1.1. Key Information
    9.3.1.2. Overview
    9.3.1.3. Financial (Subject to Data Availability)
    9.3.1.4. Product Summary
    9.3.1.5. Recent Developments
  9.3.2. Airborne systems, Inc.,
  9.3.3. Atair Aerospace,
  9.3.4. Avic Hongguang Airborne Equipment,
  9.3.5. BAE System Plc,
  9.3.6. Ballenger International,
  9.3.7. Butler parachute systems,
  9.3.8. CIMSA Ingenierнa de Sistemas, S.A.
  9.3.9. The Cirrus Design Corporation,
  9.3.10. FXC Corporation

CHAPTER 10. RESEARCH PROCESS

10.1. Research Process
  10.1.1. Data Mining
  10.1.2. Analysis
  10.1.3. Market Estimation
  10.1.4. Validation
  10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption

LIST OF TABLES

TABLE 1. Global Military Parachute Market, report scope
TABLE 2. Global Military Parachute Market estimates & forecasts by Region 2020-2030 (USD Billion)
TABLE 3. Global Military Parachute Market estimates & forecasts by Product Type 2020-2030 (USD Billion)
TABLE 4. Global Military Parachute Market estimates & forecasts by Components 2020-2030 (USD Billion)
TABLE 5. Global Military Parachute Market estimates & forecasts by Application 2020-2030 (USD Billion)
TABLE 6. Global Military Parachute Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 7. Global Military Parachute Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 8. Global Military Parachute Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 9. Global Military Parachute Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 10. Global Military Parachute Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 11. Global Military Parachute Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 12. Global Military Parachute Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 13. Global Military Parachute Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 14. Global Military Parachute Market by segment, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 15. Global Military Parachute Market by region, estimates & forecasts, 2020-2030 (USD Billion)
TABLE 16. U.S. Military Parachute Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 17. U.S. Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 18. U.S. Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 19. Canada Military Parachute Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 20. Canada Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 21. Canada Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 22. UK Military Parachute Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 23. UK Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 24. UK Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 25. Germany Military Parachute Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 26. Germany Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 27. Germany Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 28. France Military Parachute Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 29. France Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 30. France Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 31. Italy Military Parachute Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 32. Italy Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 33. Italy Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 34. Spain Military Parachute Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 35. Spain Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 36. Spain Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 37. RoE Military Parachute Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 38. RoE Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 39. RoE Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 40. China Military Parachute Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 41. China Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 42. China Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 43. India Military Parachute Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 44. India Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 45. India Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 46. Japan Military Parachute Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 47. Japan Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 48. Japan Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 49. South Korea Military Parachute Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 50. South Korea Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 51. South Korea Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 52. Australia Military Parachute Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 53. Australia Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 54. Australia Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 55. RoAPAC Military Parachute Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 56. RoAPAC Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 57. RoAPAC Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 58. Brazil Military Parachute Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 59. Brazil Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 60. Brazil Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 61. Mexico Military Parachute Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 62. Mexico Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 63. Mexico Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 64. RoLA Military Parachute Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 65. RoLA Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 66. RoLA Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 67. Saudi Arabia Military Parachute Market estimates & forecasts, 2020-2030 (USD Billion)
TABLE 68. South Africa Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 69. RoMEA Military Parachute Market estimates & forecasts by segment 2020-2030 (USD Billion)
TABLE 70. List of secondary sources, used in the study of global Military Parachute Market
TABLE 71. List of primary sources, used in the study of global Military Parachute Market
TABLE 72. Years considered for the study
TABLE 73. Exchange rates considered
List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

FIG 1. Global Military Parachute Market, research methodology
FIG 2. Global Military Parachute Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Military Parachute Market, key trends 2022
FIG 5. Global Military Parachute Market, growth prospects 2023-2030
FIG 6. Global Military Parachute Market, porters 5 force model
FIG 7. Global Military Parachute Market, pest analysis
FIG 8. Global Military Parachute Market, value chain analysis
FIG 9. Global Military Parachute Market by segment, 2020 & 2030 (USD Billion)
FIG 10. Global Military Parachute Market by segment, 2020 & 2030 (USD Billion)
FIG 11. Global Military Parachute Market by segment, 2020 & 2030 (USD Billion)
FIG 12. Global Military Parachute Market by segment, 2020 & 2030 (USD Billion)
FIG 13. Global Military Parachute Market by segment, 2020 & 2030 (USD Billion)
FIG 14. Global Military Parachute Market, regional snapshot 2020 & 2030
FIG 15. North America Military Parachute Market 2020 & 2030 (USD Billion)
FIG 16. Europe Military Parachute Market 2020 & 2030 (USD Billion)
FIG 17. Asia pacific Military Parachute Market 2020 & 2030 (USD Billion)
FIG 18. Latin America Military Parachute Market 2020 & 2030 (USD Billion)
FIG 19. Middle East & Africa Military Parachute Market 2020 & 2030 (USD Billion)
List of tables and figures and dummy in nature, final lists may vary in the final deliverable


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