Military Parachute Market

Military Parachute Market by Application (Military, Cargo, Sports, Rescue, Recovery, Break Chutes), Type (Round, Ram-air, Square, Ring & Ribbon), Component (Canopy, Cords, Tapes, Webbings, Metal), Region (North America, Europe, Asia-Pacific, The Middle East, Latin America, Africa) - Global Forecasts to 2020

Report Code: AS 2826 Nov, 2015, by marketsandmarkets.com

The global military parachute market has great potential to grow with an estimated CAGR of 5.92% from 2015 to 2020. This report provides qualitative and quantitative information about the global military parachute market. It identifies the market application gaps, emerging technologies, the need for new product launches, and high potential geographic regions and countries. It also provides a segmentation of the market, tracking the market size, market share, revenue projections, and financial portfolio, covering a broad spectrum of the different types and application of parachute technologies.

The global military parachute market is valued at USD 910.50 Million in 2015 and is projected to reach USD 1.21 Billion by 2020 at a CAGR of 5.92%. The market is segmented by application, by component, and by type. As compared to other mechanisms during small war contingency operations, airborne forces play a pivotal role by jumping in a battalion or brigade in a moment’s notice and being operation ready overnight. Other alternative units will require an airstrip, equipment loading capabilities, and helicopters in such situations, that may take a week or two.

The market size estimations for the various segments and subsegments of this market were arrived at through extensive secondary research, corroboration with primaries, and further market triangulation with the help of statistical techniques using econometric tools.

Military Parachute Market

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Several nations have engaged their RDT&E activities towards various emerging applications of parachutes, which strongly highlight the market dynamics of parachute industry. The forecast is towards potentially more airdrop applications with gliding and non-gliding parachute operations. The demand for troop parachutes and aerial delivery would become a necessity that drives the need to develop and produce more parachutes which are lightweight and have high load carrying capabilities.

In a nutshell, this research report is consolidated business intelligence on the military parachute market. It will also help the parachute industry, and its stakeholders to identify hot revenue pockets in this market.

Target Audience for this Report:

  • Departments of Defense (DoDs)
  • U.S. Department of Commerce
  • Bureau of Industry and Security
  • Parachute Manufacturers
  • Component Manufactures
  • Parachute Fabric Suppliers
  • Space Systems
  • Air Systems in Defense in Commercial Industry

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Scope of the Report

This research report categorizes the military parachute market into the following segments and sub-segments:

Global Military Parachute Market, By Application

  • Military
  • Cargo
  • Sports
  • Rescue
  • Recovery
  • Break Chutes

Global Military Parachute Market, By Components

  • Canopy
  • Cords
  • Tapes
  • Webbings
  • Metal

Global Military Parachute Market, By Type

  • Round Parachute
  • Ram-air Parachute
  • Square or Parafoil Parachute
  • Ring or Ribbon Parachute

Global Military Parachute Market, By Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • U.K.
    • Spain
    • Russia
  • Asia-Pacific
    • China
    • India
    • Australia
  • Middle East
    • Israel
    • Turkey
  • Latin America
    • Brazil
  • Africa
    • South Africa

Customizations Available for the Report:

With the given market data, MarketsandMarkets offers customizations as per specific needs of a company. The following customization options are available for the report:

  • Geographic Analysis
    • Further breakdown of the Rest of Asia-Pacific market into Japan, Malaysia, and New Zealand, among others
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The global military parachute market is estimated to register a market size of USD 1.21 Billion by 2020, witnessing a CAGR of 5.92% from 2015 to 2020. The bulk of the demand for parachutes has been propelled by its deployment for military activities with defense sector being the largest consumer. The growth in demand for parachutes will further be aided by the increase in rate of conflicts globally, increasing use of UAVs for ISR activities, and increasing use of parachutes for recreation. The growth will further be aided by technological advancements such as the use of lightweight fabric, incorporation of GPS systems, drogue chutes, and recovery parachutes.

Military and cargo are the two key application segments considered in the market study. The military segment dominated the overall military parachute market as of 2014. The sports application segment is projected to grow at the highest CAGR during the forecast period of 2015 to 2020. The countries in North American and European regions have been involved in several activities to strengthen their military forces, mainly with the objective of being battle-ready. This battle-readiness demands adequate number of paratroopers. Parachutes have made it possible to deliver supplies and equipment to soldiers in warzone. Combat drop and search & rescue operations can be carried out effectively on land and water with the help of parachutes.

Among the parachute types covered in the report, the round parachute segment dominates the parachute type market. In military, round parachutes find their application mostly in ejection seats, cargo, and drogue chutes. These parachutes are also used in civilian applications such as aircraft recovery systems and parasailing. The market for round parachutes will witness high growth rate in the Asia-Pacific region owing to the increasing expenditure on enhancing the air supremacy by countries such as India and China. The ram-air parachute segment is projected to grow at the highest CAGR during the forecast period. Airborne Systems is a key manufacturer of ram-air parachutes in the North American region, and is expected to dominate the ram-air parachutes market. The U.S. military uses Military Free Fall Advanced Ram-Air Parachute Systems (MFF ARAPS). It replaced MC-4 systems with MFF ARAPS. In the U.S., a ram-air parachute system implementation project for the U.S. forest service is underway.

Matured markets such as North America and Europe invest heavily in development and procurement of technical textiles for recovery and troop parachutes. Emerging markets have faced slower recognition of parachutes and their potential benefits due to lack of funds and awareness. Development in these markets is expected to speed up during the forecast period as they offer several untapped and unexplored opportunities.

Military Parachute Market

The growth of the military parachute market may be, however, affected by certain major restraints in coming years. These factors include the stringent government procedures as the manufacturers of parachute and parachute systems face difficulty in adhering to the strict procurement and inspection procedures laid down by government.

The global military parachute market is diversified and competitive, with the majority of players from the North American and European regions. The market is dominated by companies based on their core competencies. Key players in this market include Airborne Systems (U.S.), Mills Manufacturing (U.S.), Butler Parachute Systems (U.S.), Spekon (Germany), FXC Corporation (U.S.), and CIMSA Ingenieria (Spain).

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Table of Contents

1 Introduction (Page No. - 14)
    1.1 Objectives of the Study
    1.2 Market Definition
    1.3 Market Scope
           1.3.1 Markets Covered
           1.3.2 Geographic Scope
           1.3.3 Years Considered for the Study
    1.4 Currency & Pricing
    1.5 Distribution Channel Participants
    1.6 Limitations
    1.7 Stakeholders

2 Research Methodology (Page No. - 18)
    2.1 Introduction
           2.1.1 Secondary Data
                    2.1.1.1 Key Data From Secondary Sources
           2.1.2 Primary Data
                    2.1.2.1 Key Data From Primary Sources
                    2.1.2.2 Breakdown of Primaries
    2.2 Factor Analysis
           2.2.1 Introduction
           2.2.2 Demand Side Indicators
                    2.2.2.1 Increase in Deployment of Parachutes in Defense
                    2.2.2.2 Evolution of Parachutes in Sports
           2.2.3 Supply Side Indicators
                    2.2.3.1 Global Competitiveness of Military Textiles Industry
    2.3 Market Size Estimation
           2.3.1 Bottom-Up Approach
           2.3.2 Top-Down Approach
    2.4 Market Breakdown and Data Triangulation
    2.5 Research Assumptions

3 Executive Summary (Page No. - 28)

4 Premium Insights (Page No. - 34)
    4.1 Attractive Opportunities in Parachute Market
    4.2 Parachute Market Growth: By Application
    4.3 Parachute Market Growth: By Component
    4.4 Parachute Market Growth: By Type
    4.5 Region-Wise Parachute Market Share Analysis
    4.6 Parachute Market Analysis

5 Market Overview (Page No. - 37)
    5.1 Introduction
    5.2 Evolution
    5.3 Market Segmentation
           5.3.1 By Application
           5.3.2 By Cargo Application
           5.3.3 By Military Personnel Application
           5.3.4 By Component
           5.3.5 By Type
    5.4 Market Dynamics
           5.4.1 Drivers
                    5.4.1.1 Increasing Demand From Military Owing to Rising Conflicts
                    5.4.1.2 Airplane Recovery Parachute System
                    5.4.1.3 Advancements in Parachute Technology
                    5.4.1.4 Growth of Aero Sports
           5.4.2 Restraints
                    5.4.2.1 Declining Defense Budgets
                    5.4.2.2 Standing Inventory of Parachutes With Defense
                    5.4.2.3 Government Procedures
           5.4.3 Opportunities
                    5.4.3.1 Use of Parachutes for Unmanned Aerial Vehicles
           5.4.4 Challenges
                    5.4.4.1 Need for Efficient Supply Chain
           5.4.5 Winning Imperative
                    5.4.5.1 Development of Light Weight Parachutes
           5.4.6 Cyclical Nature of Parachute Industry
                    5.4.6.1 Importance of Parachutes for the U.S. Military and Homeland Security
                    5.4.6.2 The Need is Increasing and Supply is Diminishing
                    5.4.6.3 The Nature of Military Procurement

6 Industry Trends (Page No. - 48)
    6.1 Introduction
    6.2 Value Chain Analysis
    6.3 Supply Chain Analysis
    6.4 Technology Trends
    6.5 Porter’s Five Forces Analysis
           6.5.1 Threat From New Entrants
           6.5.2 Threat From Substitutes
           6.5.3 Bargaining Power of Suppliers
           6.5.4 Bargaining Power of Buyers
           6.5.5 Intensity of Competitive Rivalry

7 Global Parachute Market, By Application (Page No. - 54)
    7.1 Introduction
    7.2 Cargo Parachutes
    7.3 Military Parachuting
    7.4 Parachute Market for Sports
    7.5 Rescue Parachute Market
    7.6 Break Chutes
    7.7 Aircraft Recovery With Parachutes

8 Global Parachute Market, By Type (Page No. - 62)
    8.1 Introduction
    8.2 Round Parachutes
    8.3 Ram-Air Parachute
    8.4 Square Or Parafoil Parachute
    8.5 Ribbon and Ring Parachute

9 Global Parachute Market, By Component (Page No. - 68)
    9.1 Introduction
    9.2 Canopy
    9.3 Cords
    9.4 Tapes
    9.5 Webbings
    9.6 Metal

10 Global Parachute Market, By Region (Page No. - 73)
     10.1 Introduction
     10.2 North America
             10.2.1 By Country
                        10.2.1.1 U.S.
                                     10.2.1.1.1 By Application
                                     10.2.1.1.2 By Type
                        10.2.1.2 Canada
                                     10.2.1.2.1 By Application
                                     10.2.1.2.2 By Type
             10.2.2 By Application
             10.2.3 By Type
             10.2.4 By Component
     10.3 Asia-Pacific
             10.3.1 By Country
                        10.3.1.1 China
                                     10.3.1.1.1 By Application
                                     10.3.1.1.2 By Type
                        10.3.1.2 India
                                     10.3.1.2.1 By Application
                                     10.3.1.2.2 By Type
                        10.3.1.3 Australia
                                     10.3.1.3.1 By Application
                                     10.3.1.3.2 By Type
             10.3.2 By Application
             10.3.3 By Type
             10.3.4 By Component
     10.4 Europe
             10.4.1 By Country
                        10.4.1.1 U.K.
                                     10.4.1.1.1 By Application
                                     10.4.1.1.2 By Type
                        10.4.1.2 Spain
                                     10.4.1.2.1 By Application
                                     10.4.1.2.2 By Type
                        10.4.1.3 Russia
                                     10.4.1.3.1 By Application
                                     10.4.1.3.2 By Type
                        10.4.1.4 Germany
                                     10.4.1.4.1 By Application
                                     10.4.1.4.2 By Type
             10.4.2 By Application
             10.4.3 By Type
             10.4.4 By Component
     10.5 The Middle East
             10.5.1 By Country
                        10.5.1.1 Israel
                                     10.5.1.1.1 By Application
                                     10.5.1.1.2 By Type
                        10.5.1.2 Turkey
                                     10.5.1.2.1 By Application
                                     10.5.1.2.2 By Type
             10.5.2 By Application
             10.5.3 By Type
             10.5.4 By Component
     10.6 Rest of the World
             10.6.1 By Country
                        10.6.1.1 Brazil
                                     10.6.1.1.1 By Application
                        10.6.1.2 South Africa
                                     10.6.1.2.1 By Application
             10.6.2 By Application
             10.6.3 By Component
             10.6.4 By Type

11 Competitive Landscape (Page No. - 104)
     11.1 Overview
     11.2 Major Market Players Operating in the Parachute Market
     11.3 Companies’ Product/Service Matrix Mapping
     11.4 Contracts
     11.5 New Product Developments

12 Company Profiles (Page No. - 109)
     12.1 Introduction
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
     12.2 FXC Corporation
     12.3 Cimsa Ingenieria De Sistemas, S.A.
     12.4 Spekon
     12.5 Zodiac Aerosafety
     12.6 Mills Manufacturing
     12.7 Cirrus Aircraft
     12.8 Butler Parachute Systems Group, Inc.
     12.9 NH Global SDN BHD
     12.10 Parachute Systems
     12.11 Airborne Systems
     12.12 Atair Aerospace, Inc.
     12.13 Ballenger International, LLC

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix (Page No. - 127)
     13.1 Discussion Guide
     13.2 Introducing RT: Real Time Market Intelligence
     13.3 Available Customizations


List of Tables (74 Tables)

Table 1 Increasing Demand From Military
Table 2 Standing Inventory of Parachutes With Defense
Table 3 Use of Parachutes for Unmanned Aerial Vehicles
Table 4 Parachute Supplier Environment
Table 5 Development of Light Weight Parachutes
Table 6 Lightweight Parachutes Caters to the Latest Trend in the Global Parachute Market
Table 7 Global Military Parachute Market, By Application, 2013–2020 (USD Million)
Table 8 Global Cargo Military Parachute Market, By Type, 2013–2020 (USD Million)
Table 9 Global Cargo Military Parachute Market, By Region, 2013–2020 (USD Million)
Table 10 Global Parachute Market for Military Application, By Type, 2013–2020 (USD Million)
Table 11 Global Parachute Market for Military Application, By Region, 2013–2020 (USD Million)
Table 12 Global Parachute Market for Sports, By Region, 2013–2020 (USD Million)
Table 13 Global Rescue Parachute Market, By Region, 2013–2020 (USD Million)
Table 14 Global Break Chutes Market, By Region, 2013–2020 (USD Million)
Table 15 Global Market for Aircraft Recovery Using Parachutes, By Region, 2013–2020 (USD Million)
Table 16 Global Military Parachute Market, By Type, 2013–2020 (USD Million)
Table 17 Global Round Parachute, By Region, 2013–2020 (USD Million)
Table 18 Global Ram-Air Parachute Market, By Geography, 2013–2020 (USD Million)
Table 19 Global Square Or Parafoil Parachute Market, By Region, 2013–2020 (USD Million)
Table 20 Global Ribbon and Ring Parachute Market, By Region, 2013–2020 (USD Million)
Table 21 Global Military Parachute Market, By Component, 2013–2020 (USD Million)
Table 22 Global Parachute Canopy Market, By Region, 2013–2020 (USD Million)
Table 23 Global Parachute Cords Market, By Region, 2013–2020 (USD Million)
Table 24 Global Parachute Tape Market, By Region, 2013–2020 (USD Million)
Table 25 Global Parachute Webbings Market, By Region, 2013–2020 (USD Million)
Table 26 Global Parachute Metal Market, By Region, 2013–2020 (USD Million)
Table 27 Global Military Parachute Market Size, By Region, 2013-2020 (USD Million)
Table 28 North America: Military Parachute Market Size, By Country, 2013-2020 (USD Million)
Table 29 North America: Parachute Market Size, By Application, 2013-2020 (USD Million)
Table 30 Military Parachute Market Size, By Type, 2013-2020 (USD Million)
Table 31 North America: Parachute Market Size, By Component, 2013-2020 (USD Million)
Table 32 U.S.: Military Parachute MarketSize, By Application, 2013-2020 (USD Million)
Table 33 U.S.: Global Military Parachute Market Size, By Type, 2013-2020 (USD Million)
Table 34 Canada: Parachute Market Size, By Application, 2013-2020 (USD Million)
Table 35 U.S.: Global Military Parachute Market Size, By Type, 2013-2020 (USD Million)
Table 36 Asia-Pacific: Military Parachute Market Size, By Country, 2013-2020 (USD Million)
Table 37 Asia-Pacific: Military Parachute Market Size, By Application, 2013-2020 (USD Million)
Table 38 Asia-Pacific: Global Military Parachute Market Size, By Type, 2013-2020 (USD Million)
Table 39 Asia Pacific: Military Parachute Market Size, By Component, 2013-2020 (USD Million)
Table 40 China: Parachute Market Size, By Application, 2013-2020 (USD Million)
Table 41 China: Global Parachute Market Size, By Type, 2013-2020 (USD Million)
Table 42 India: Military Parachute Market Size, By Application, 2013-2020 (USD Million)
Table 43 India: Global Parachute Market Size, By Type, 2013-2020 (USD Million)
Table 44 Australia: Military Parachute Market Size, By Application, 2013-2020 (USD Million)
Table 45 Australia: Global Parachute Market Size, By Type, 2013-2020 (USD Million)
Table 46 Europe: Military Parachute Market Size, By Country, 2013-2020 (USD Million)
Table 47 Europe: Military Parachute Market Size, By Application, 2013-2020 (USD Million)
Table 48 Europe: Global Parachute Market Size, By Type, 2013-2020 (USD Million)
Table 49 Europe: Military Parachute Market Size, By Component, 2013-2020 (USD Million)
Table 50 U.K.: Military Parachute Market Size, By Application, 2013-2020 (USD Million)
Table 51 U.K.: Global Parachute Market Size, By Type, 2013-2020 (USD Million)
Table 52 Spain: Military Parachute Market Size, By Application, 2013-2020 (USD Million)
Table 53 Spain: Global Parachute Market Size, By Type, 2013-2020 (USD Million)
Table 54 Russia: Military Parachute Market Size, By Application, 2013-2020 (USD Million)
Table 55 Russia: Global Military Parachute Market Size, By Type, 2013-2020 (USD Million)
Table 56 Germany: Parachute Market Size, By Application, 2013-2020 (USD Million)
Table 57 Germany: Global Parachute Market Size, By Type, 2013-2020 (USD Million)
Table 58 The Middle East: Military Parachute Market Size, By Country, 2013-2020 (USD Million)
Table 59 The Middle East: Parachute Market Size, By Application, 2013-2020 (USD Million)
Table 60 The Middle East: Global Parachute Market Size, By Type, 2013-2020 (USD Million)
Table 61 The Middle East: Military Parachute Market Size, By Component, 2013-2020 (USD Million)
Table 62 Israel: Military Parachute Market Size, By Application, 2013-2020 (USD Million)
Table 63 Iserael: Global Parachute Market Size, By Type, 2013-2020 (USD Million)
Table 64 Turkey: Military Parachute Market Size, By Application, 2013-2020 (USD Million)
Table 65 Turley: Global Parachute Market Size, By Type, 2013-2020 (USD Million)
Table 66 Rest of the World: Military Parachute Market Size, By Country, 2013-2020 (USD Million)
Table 67 Rest of the World: Parachute Market Size, By Application, 2013-2020 (USD Million)
Table 68 Rest of the World: Parachute Market Size, By Component, 2013-2020 (USD Million)
Table 69 RoW Parachute Market Size, By Type, 2013-2020 (USD Million)
Table 70 Brazil: Parachute Market Size, By Application, 2013-2020 (USD Million)
Table 71 South Africa: Parachute Market Size, By Application, 2013-2020 (USD Million)
Table 72 Contracts, 2011–2015
Table 73 New Product Development, 2012–2015
Table 74 Guardian Parachute: U.S. Government Recent Contracts


List of Figures (57 Figures)

Figure 1 Markets Covered: Global Parachute Market
Figure 2 Research Design
Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, and Region
Figure 4 R&D Spending By Military Manufacturers (1996-2000)
Figure 5 Total Defense Parachute Industry Sales (1996-2000)
Figure 6 Sports Parachute Manufacturing Domestic and Foreign Markets (1996-2000)
Figure 7 Global Consumption of Technical Textiles By Region, 2000 to 2010
Figure 8 Technical Textiles Consumption, By % Share, By Region
Figure 9 Market Size Estimation Methodology: Bottom-Up Approach
Figure 10 Market Size Estimation Methodology: Top-Down Approach
Figure 11 Data Triangulation Methodology
Figure 12 Global Military Parachute Market: Military Air Insertion
Figure 13 Global Parachute Market Snapshot (2015 vs 2020): Market for Military Parachutes Segment is Projected to Grow at the Highest Rate
Figure 14 North America Leads the Global Parachute Market, 2013-2020
Figure 15 Asia-Pacific to Witness Remarkable Growth During the Forecast Period
Figure 16 The U.S. to Be the Most Prospective Market to Invest in the Next Five Years
Figure 17 Troop Parachutes Fuel the Demand for Global Parachute Market
Figure 18 Attractive Opportunities in Parachute Market, 2015-2020
Figure 19 Military Application is Projected to Grow at the Highest Rate
Figure 20 Canopy Accounts for the Largest Share Among Components of the Parachute System
Figure 21 Round Parachutes Will Dominate the Parachute Market By 2020
Figure 22 North America Accounts for the Largest Share of the Parachute Market During the Forecast Period
Figure 23 Asia-Pacific Accounts for the Highest Growth Rate in the Global Parachute Market, 2015
Figure 24 Global Parachute Market: Military Air Insertion
Figure 25 Parachute Market, By Application
Figure 26 Parachute Market, By Cargo
Figure 27 Parachute Market, By Military Personnel
Figure 28 Parachute Market, By Component
Figure 29 Increasing Demand From Military is Driving the Parachute Market
Figure 30 Comparison of T-10 and T-11 Parachutes
Figure 31 Value Chain Analysis: Global Parachute Market
Figure 32 Supply Chain Analysis: Global Parachute Market
Figure 33 Porter’s Five Forces Analysis: Global Parachute Market
Figure 34 Overview of the Global Parachute Market
Figure 35 Overview of Parachute Market for Cargo, By Region
Figure 36 Overview of Military Parachuting Market
Figure 37 Overview of the Global Parachute Market, By Type
Figure 38 Overview of Round Parachute Market, By Region
Figure 39 Overview of Ram-Air Parachute Market, By Region
Figure 40 Overview of Square Or Parafoil Parachute Market, By Region
Figure 41 Overview of Ribbon and Ring Parachute Market, By Region
Figure 42 Overview of Parachute Market, By Component
Figure 43 Overview of Parachute Canopy Market, By Region
Figure 44 North America is Estimated to Capture the Largest Share of the Global Parachute Market in 2015
Figure 45 North America Snapshot: the U.S. Holds A Significant Share of the Parachute Market
Figure 46 Asia-Pacific Snapshot: China has A Potential Parachute Market in the Region From 2015 to 2020
Figure 47 Europe Snapshot: Russia has A Potential Parachute Market in The Region From 2015 to 2020
Figure 48 The Middle East Snapshot: Israel has A Potential Parachute Market in the Region From 2015 to 2020
Figure 49 Rest of the World Snapshot: Latin America has A Potential Parachute Market in the Region From 2015 to 2020
Figure 50 Major Market Players Operating in the Parachute Market
Figure 51 Companies’ Product/Service Matrix Mapping
Figure 52 Geographic Revenue Mix of Top 5 Market Players
Figure 53 Guardian Parachute: Supply Contracts With U.S. Government
Figure 54 Zodiac Aerosafety: Company Snapshot
Figure 55 Zodiac Aerosafety: SWOT Analysis
Figure 56 Mills Manufacturing: Supply Contracts With U.S. Government
Figure 57 Bulter Parachute Systems: Supply Contracts With U.S. Government


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