Ballistic Recovery Parachute Market
Ballistic Recovery Parachute Market Scope: Industry
Analysis, Market Size, Growth, Trends Till 2031
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Ballistic Recovery Parachute Market Size and Growth
The global Ballistic Recovery Parachute market is projected to reach a value of $XX million by 2027, with a CAGR of XX% during the forecast period. Increasing demand for safety measures in the aviation industry and rising adoption of ballistic recovery parachutes in recreational aircraft are driving market growth.
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Companies Covered
(Covid 19 Impact Covered)
◍ 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
◍ Nippon Kayaku
◍ Ekofastba
◍ Rocketman Enterprise
◍ Butler Parachute Systems
◍ U.S.H.
Competitive Landscape: Ballistic Recovery Systems, GALAXY GRS, Stratos 07, Indemnis, Opale, Mars Parachutes, Drone Rescue Systems, ParaZero, Fruity Chutes, Nippon Kayaku, Ekofastba, Rocketman, Butler Parachute, U.S.H. All companies provide innovative solutions to enhance safety in aerospace industry, contributing to the growth of Ballistic Recovery Parachute Market.
- Ballistic Recovery Systems sales revenue: $10 million
- GALAXY GRS sales revenue: $5 million
- Indemnis sales revenue: $3 million
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Market Segmentation
By Application
Civilian UAV
Consumer UAV
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By Product
Less than 10FT
10-20FT
20-30FT
Above 10FT
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Market Growth
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$ X Billion USD
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