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Military Parachute Market Segments, Opportunity, Growth And Forecast By End-Use Industry 2023 - 2032
Military Parachute Global Market
Military Parachute Market Size, Growth Rate, And Forecast
The global military parachute market size is expected to grow from $1.23 billion in 2022 to $1.32 billion in 2023 at a compound annual growth rate (CAGR) of 7.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global military parachute market size is expected to reach $1.71 billion in 2027 at a CAGR of 6.7%.
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Military Parachute Market Drivers
Increasing military expenditure is expected to propel the growth of the military parachute market going forward. Military expenditure is the amount spent on weapons, weapons systems, operations, maintenance, personnel, and other specific military equipment. Government spending on the military would support the development of various aspects of the military including military parachute.
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Military Parachute Market Segments
1) By Product Type: Round Type Parachute, Cruciform Parachute, Ribbon And Ring Or Annular Parachute, Ram Air Parachute
2) By Components: Canopy, Cords, Tapes Or Webbings, Metal
3) By Application: Personnel Parachutes, Cargo Parachutes
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Military Parachute market.
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Military Parachute Market Key Players
Major competitors in the Military Parachute market include Airborne systems Inc., Butler parachute systems, CIMSA Ingeniería de Sistemas S.A., FXC Corporation, Mills Manufacturing, SPEKON Company, Magam Safety Ltd.
The Table Of Content For The Military Parachute Market Include:
1. Executive Summary
2. Military Parachute Market Characteristics
3. Military Parachute Market Trends And Strategies
4. Military Parachute Market - Macro Economic Scenario
5. Military Parachute Market Size And Growth
……
27. Military Parachute Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Military Parachute Market
29. Military Parachute Market Future Outlook and Potential Analysis
30. Appendix
The Business Research Company's "Global Military Parachute Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
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