Global Ballistic Parachute Market Growth 2023-2029

Global Ballistic Parachute Market Growth 2023-2029

A ballistic parachute, ballistic reserve parachute, or emergency ballistic reserve parachute, is a parachute ejected from its casing by a small explosion, much like that used in an ejection seat.
LPI (LP Information)' newest research report, the “Ballistic Parachute Industry Forecast” looks at past sales and reviews total world Ballistic Parachute sales in 2022, providing a comprehensive analysis by region and market sector of projected Ballistic Parachute sales for 2023 through 2029. With Ballistic Parachute sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Ballistic Parachute industry.
This Insight Report provides a comprehensive analysis of the global Ballistic Parachute landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Ballistic Parachute portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Ballistic Parachute market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Ballistic Parachute and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Ballistic Parachute.
The global Ballistic Parachute market size is projected to grow from US$ 19 million in 2022 to US$ 40 million in 2029; it is expected to grow at a CAGR of 40 from 2023 to 2029.
Global Ballistic Parachute key players include Ballistic Recovery Systems Inc, GALAXY GRS s.r.o, Stratos 07, s.r.o, Indemnis Inc, Opale Parachutes, etc. Global top five manufacturers hold a share over 25%.
North America is the largest market, with a share about 20%, followed by Europe which have a share about 10 percent. In terms of product, 10-20FT is the largest segment, with a share over 30%. And in terms of application, the largest application is Unmanned Aerial Vehicle (UAV), followed by Light-sport Aircraft (LSA) & Ultralight Aircraft.
This report presents a comprehensive overview, market shares, and growth opportunities of Ballistic Parachute market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Less than 10FT
10-20FT
Segmentation by application
Light-sport Aircraft (LSA) & Ultralight Aircraft
Unmanned Aerial Vehicle (UAV)
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Ballistic Recovery Systems, Inc.
GALAXY GRS s.r.o.
Stratos 07, s.r.o.
Indemnis, Inc.
Opale Parachutes
Mars Parachutes
Drone Rescue Systems GmbH
ParaZero Drone Safety Systems Ltd.
Fruity Chutes

Key Questions Addressed in this Report
What is the 10-year outlook for the global Ballistic Parachute market?
What factors are driving Ballistic Parachute market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Ballistic Parachute market opportunities vary by end market size?
How does Ballistic Parachute break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.