Press release
Parachutes Market will reach 1200 million US$ in 2023
Parachutes are devices utilized to decelerate or stabilize objects, people, or vehicles in their travel through an atmosphere. They are most commonly constructed of high-strength fabric. These lightweight and low-volume instruments develop a large surface area and significant drag upon deployment.
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Global Parachutes Market: Forecast by Type / Application / Region
Round parachutes were the most preferred type during the study period. This large share could be accounted to their growing application in the ejection seats, aircraft recovery systems, parasailing, and emergency landing system for small aircraft, among others.
The major players are Airborne Systems, Zodiac Aerospace, Avic, BRS Aerospace, Fujikura Parachute, Performance Designs, VITAL Parachute, Mills Manufacturing, Vertical do Ponto, Complete Parachute, Autoflug, FXC Corporation, Butler Parachute, NZ Aerosports, National Parachute, Parachute Systems, Parachute Laboratories, Spekon, Magam Safety, Antares IAC and etc.
The worldwide market for Parachutes is expected to grow at a CAGR of roughly 5.1% over the next five years, will reach 1200 million US$ in 2023, from 890 million US$ in 2017, according to a new GIR (Global Info Research) study.
Global Nonferrous Metal Recycling Market:Key Players
Airborne Systems
Zodiac Aerospace
Avic Hongguang Airborne Equipment
BRS Aerospace
Fujikura Parachute
Performance Designs
VITAL Parachute
Mills Manufacturing
Vertical do Ponto
Complete Parachute
Autoflug
FXC Corporation
Butler Parachute Systems
NZ Aerosports
National Parachute
Parachute Systems
Parachute Laboratories
Spekon
Magam Safety
Antares IAC
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Related Information:
United States Parachutes Market 2018 Forecast to 2023
Europe Parachutes Market 2018 Forecast to 2023
North America Parachutes Market 2018 Forecast to 2023
Asia-Pacific Parachutes Market 2018 Forecast to 2023
China Parachutes Market 2018 Forecast to 2023
EMEA Parachutes Market 2018 Forecast to 2023
Global Parachutes Market 2018 Forecast to 2023
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