Press release
Military Parachute Market Forecast 2025: Exploring Market Size, Key Players, Growth Drivers and Trends
Military Parachute Market
What Is The Projected Market Size Of The Global Military Parachute Market And Its Growth Rate?
• Current market value: $1.42 billion (2024)
• Projected market value: $1.53 billion (2025)
• Compound Annual Growth Rate (CAGR): 7.2%
• Future market value: $1.97 billion (2029)
• Forecast CAGR: 6.6%
These numbers reflect the market's robust growth due to advancements in materials science, mission-specific parachutes, military operations and many more factors.
What Is Driving The Growth In The Military Parachute Global Market?
Increasing military expenditure worldwide is a primary driver for the growth of the military parachute market. Military spending supports the development of all aspects of military equipment including parachutes. According to data from the Stockholm International Peace Research Institute (SIPRI), total global military expenditure reached $2443 billion in 2023, showing an increase of 6.8% from 2022. This substantial spending inevitably fuels the growth of the military parachute market.
Request A Free Sample Copy:
https://www.thebusinessresearchcompany.com/sample.aspx?id=10488&type=smp
Who Are the Key Players Driving Military Parachute Market Growth?
• Airborne Systems Inc.
• Butler Parachute Systems Group
• CIMSA Ingeniería de Sistemas S.A.
• FXC Corporation
• Mills Manufacturing Corporation
• SPEKON Company
• Magam Safety Ltd.
• VITAL Parachute Inc.
• Atair Aerospace Inc.
• Avic Hongguang Airborne Equipment Co. Ltd.
• BAE Systems Plc.
• Ballenger International LLC
• Global SDN BHD
• Safran SA
• Zodiac Aerospace SAS
What Are The Key Trends In The Military Parachute Market?
• Collaboration and R&D investments
• Sustainability and environmental considerations
• Integration of iot and smart technologies
• Specialized mission-specific parachutes
• Adaptability to mission requirements
What Are The Segments Of The Global Military Parachute Market?
• By Product Type: Round Type Parachute, Cruciform Parachute, Ribbon And Ring Or Annular Parachute, Ram Air Parachute
• By Components: Canopy, Cords, Tapes Or Webbings, Metal
• By Application: Personnel Parachutes, Cargo Parachutes
Which Region Leads The Military Parachute Global Market?
In 2024, North America was the largest contributor to the military parachute market. However, the fastest-growing region in the military parachute market forecast period is anticipated to be the Asia-Pacific region.
Pre-book the report for swift delivery:
https://www.thebusinessresearchcompany.com/report/military-parachute-global-market-report
What Is Covered In The Military Parachute Global Market Report?
- Market Size Analysis: Analyze the Military Parachute market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Military Parachute Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Military Parachute Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Military Parachute Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
Request Customization for This Report:
https://www.thebusinessresearchcompany.com/Customise?id=10488&type=smp
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
• LinkedIn: https://in.linkedin.com/company/the-business-research-company
• Twitter: https://twitter.com/tbrc_info
• YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Powered with 1,500,000 datasets, we provide the critical information needed for informed decision-making. Our Global Market Model (GMM) is an acclaimed platform for comprehensive and updated market intelligence for supporting your key decisions.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Military Parachute Market Forecast 2025: Exploring Market Size, Key Players, Growth Drivers and Trends here
News-ID: 3831417 • Views: …
More Releases from The Business research company
Surge In Commercial Infrastructure Demand Fueling The Growth Of The Market Due T …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Glass Panel Frameless Railing Market Size Growth Forecast: What to Expect by 2025?
The market size for frameless glass panel railings has experienced a robust expansion in the past few years. The market, which was valued at $2.32 billion in 2024, is projected to increase to $2.54 billion in…
Formwork Plywood: A Leading Driver Behind Increasing Construction Activities Fue …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Will the Formwork Plywood Industry Market Size Be by 2025?
There has been a consistent growth in the formwork plywood market size in the past few years. The market is projected to escalate from $7.56 billion in 2024 to $7.85 billion in 2025, recording a compound annual growth…
Comprehensive Floor Underlayment And Padding Market Forecast 2025-2034: Growth T …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Floor Underlayment And Padding Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size for floor underlayment and padding has seen substantial growth in recent times. The market value is projected to increase from $16.63 billion in 2024 to $17.94 billion in 2025, with…
Increasing Cybersecurity Threats In Financial Services Driving Market Growth Due …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
How Large Will the Fintech Crisis Management Market Size By 2025?
The dimension of the fintech crisis management market has seen swift expansion in the last few years. The market is estimated to scale from $9.38 billion in 2024 to $10.83 billion in 2025, yielding a compound annual growth…
More Releases for Parachute
Unveiling The Impact Of Rising Military Expenditure On Parachute Market: Critica …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
Military Parachute Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, there has been significant growth in the military parachute market size. A growth projection from $1.42 billion in 2024 to $1.53 billion in 2025 indicates a compound annual growth rate (CAGR) of…
Global Parachute Canopy Market Size by Application, Type, and Geography: Forecas …
According to Market Research Intellect, the global Parachute Canopy market under the Aerospace and Defense category is expected to register notable growth from 2025 to 2032. Key drivers such as advancing technologies, changing consumer behavior, and evolving market dynamics are poised to shape the trajectory of this market throughout the forecast period.
The parachute canopy market is witnessing notable growth, driven by increased demand across defense, aerospace, and recreational sectors. Military…
Civil Parachute Market Analysis By Top Keyplayers - IrvinGQ, Zodiac Aerospace, P …
The "Civil Parachute Market" is expected to reach USD xx.x billion by 2031, indicating a compound annual growth rate (CAGR) of xx.x percent from 2024 to 2031. The market was valued at USD xx.x billion In 2023.
Growing Demand and Growth Potential in the Global Civil Parachute Market, 2024-2031
Verified Market Research's most recent report, "Civil Parachute Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2030," provides an in-depth examination…
Commercial Parachute Market is Booming Worldwide | Atair Aerospace, Parachute Sy …
The Commercial Parachute Market has witnessed continuous growth in the past few years and is projected to grow even further during the forecast period (2022-2027). The assessment provides a 360° view and insights, outlining the key outcomes of the industry. These insights help the business decision-makers to formulate better business plans and make informed decisions for improved profitability. In addition, the study helps venture or private players in understanding the…
Military Parachute Market Size, Share, Growth, Report Forecast 2032 | Airborne S …
The Military Parachute market is estimated at USD 1.45 billion in 2022, registering at a promising CAGR of 6.34% from 2023 to 2032. The historic year considered is 2020 and the base year considered for the study is 2021, the estimated year is 2022 and the forecast has been provided for the period, 2023 to 2032.
The market research report offers an in-depth analysis of the Military Parachute market, helping players…
Aircraft Emergency Parachute Market to Set Phenomenal Growth by 2025 | Zodiac Ae …
Global Aircraft Emergency Parachute Market Insights, Forecast to 2025 is latest research study released by HTF MI evaluating the market, highlighting opportunities, risk side analysis, and leveraged with strategic and tactical decision-making support. The study provides information on market trends and development, drivers, capacities, technologies, and on the changing capital structure of the Global Aircraft Emergency Parachute Market. Some of the key players profiled in the study are Zodiac Aerospace,…
