Military Parachute Market Statistics, Emerging Demands and
Forecast

Military Parachute Market Growth
Trend & Forecast with latest research study released by Delvens evaluating
the market risk side analysis, highlighting opportunities, and leveraging
strategic and tactical decision-making support. The report provides information
on market trends and development, growth drivers, technologies, and the
changing investment structure of the Global market, the global Military
Parachute Market size is projected to reach a CAGR of 11.2% and Forecast to
2030.

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Report: https://www.delvens.com/get-free-sample/military-parachute-market

A parachute is a device designed to slow the rate of descent
of a body under free fall by creating drag. Modern parachutes are designed to
reduce the terminal velocity of the user by as much as 90%.

New and advanced lightweight parachutes are gaining
popularity, and the growth of smart textiles are some of the factors that have
supported long-term expansion for Military Parachute Market.

Key Players

·       
Safran SA

·       
Aerodyne Research LLC

·       
Mills Manufacturing

·       
Parachute Systems

·       
Raytheon Technologies Corporation and More

Recent Developments

the Indian DRDO developed the P7 Heavy Drop System that can
drop military stores up to a 7-ton weight class from IL-76 aircraft. This
system is fully indigenous and manufactured by L&T, which makes the
platform system, while the round parachutes are manufactured by Ordnance
Factory.

Latin America is Expected to Witness the Highest Growth
During the Forecast Period. Latin America has been witnessing persistent
political unrest and frequent terrorist activities, and the defense forces in
the region need to be appropriately prepared for rapid deployments to
neutralize any terror activity in a geographically diverse environment.

Military Parachute Market is segmented into type, application,
component and region.

On the basis of Type

·       
Round parachute

·       
Ram-air parachute

·       
Square pr para foil parachute

On the basis of
Application

·       
Military

·       
Cargo

·       
Sports

·       
Rescues

On the basis of
Components 

·       
Canopy

·       
Cords

·       
Tapes

·       
Webbings

On the basis of
Region

·       
Asia Pacific

·       
North America

·       
Europe

·       
South America

·       
Middle East & Africa

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and customized according to the company’s specific demand and requirement.

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