Civil Parachute Market Drivers, Challenges, Trends Analysis and Forecasts

The Global report on “Civil Parachute Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team.

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Parachutes are devices utilized to decelerate or stabilize objects, people, or vehicles in their travel through an atmosphere.

This report contains market size and forecasts of Civil Parachute in Malaysia, including the following market information:
Malaysia Civil Parachute Market Revenue, 2015-2020, 2021-2026, ($ millions)
Malaysia Civil Parachute Market Consumption, 2015-2020, 2021-2026, (K Units)
Malaysia Civil Parachute Production Capacity, 2015-2020, 2021-2026, (K Units)
Top Five Competitors in Malaysia Civil Parachute Market 2019 (%)

The global Civil Parachute market was valued at 66600 million in 2019 and is projected to reach US$ 81180 million by 2026, at a CAGR of 5.1% during the forecast period. While the Civil Parachute market size in Malaysia was US$ XX million in 2019, and it is expected to reach US$ XX million by the end of 2026, with a CAGR of XX% during 2020-2026.

MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Civil Parachute manufacturers, suppliers, distributors and industry experts on the impacts of the COVID-19 pandemic on businesses, with top challenges including ingredients and raw material delays, component and packaging shortages, reduced/cancelled orders from clients and consumers, and closures of production lines in some impacted areas.

This report also analyses and evaluates the COVID-19 impact on Civil Parachute production and consumption in Malaysia

Total Market by Segment:
Malaysia Civil Parachute Market, By Type, 2015-2020, 2021-2026 ($ millions) & (K Units)
Malaysia Civil Parachute Market Segment Percentages, By Type, 2019 (%)
– Ram-air Parachutes
– Cruciform Parachutes
– Round Parachutes
– Others
– The segment of ram-air parachutes held the extremely largest market share of about 79% in 2018.

Malaysia Civil Parachute Market, By Application, 2015-2020, 2021-2026 ($ millions) & (K Units)
Malaysia Civil Parachute Market Segment Percentages, By Application, 2019 (%)
– Recreational Use
– Competitive Use
– The recreational use segment was estimated to account for the higher market share of about 80% in 2018.

Competitor Analysis
The report also provides analysis of leading market participants including:
Total Civil Parachute Market Competitors Revenues in Malaysia, by Players 2015-2020 (Estimated), ($ millions)
Total Civil Parachute Market Competitors Revenues Share in Malaysia, by Players 2019 (%)
Total Malaysia Civil Parachute Market Competitors Sales, by Players 2015-2020 (Estimated), (K Units)
Total Malaysia Civil Parachute Market Competitors Sales Market Share by Players 2019 ($ millions)

Further, the report presents profiles of competitors in the market, including the following:
– IrvinGQ
– Zodiac Aerospace
– Performance Designs
– FXC Corporation
– BRS Aerospace
– Mills Manufacturing
– CIMSA Ingenieria
– North American Aerodynamics, Inc
– National Parachute
– Fujikura Parachute
– Butler Parachute Systems
– NZ Aerosports
– Parachute Systems
– Avic Hongguang Airborne Equipment

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