The drone parachute market will generate $ 5.4 million in 2021 and grow at an average annual rate of 63% to almost $ 62 million by 2028. Specially made for drones, parachutes are designed to prevent damage to people or objects on the ground and protect drones from destruction. In this context they are the “last line of defense “and that makes them decisive. So, from the drone industry insight, we decided to take a deep dive into this dynamic market and its players, although it is worth noting that this blog is scratching the surface of the drone parachute market. Drone parachutes can be designed as recovery systems (to prevent drone collisions) or as standard landing gear (e.g. fixed-wing drones), which most parachute manufacturers design both. The deployment can be manual or automatic, and can be carried out through gravity or ballistic/kinetic mechanisms. Some drone manufacturers or drone operators equip their drones with two parachutes to comply with redundant system requirements.
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Company Profile
- Skygraphics AG
- CIMSA Ingenieria
- Fruity Chutes
- Butler Parachute Systems
- Mars Parachutes
- Indemnis
- Opale Parachutes
- Drone Rescue Systems GmbH
- Galaxy GRS
Market Segmentation
Product Type
- Capacity: 1-40kg
- Capacity: 40-200kg
- Other
Industry Type
- Civil Drone Parachute
- Military Drone Parachute
Scope of the Report
The research study analyzes the Drone Parachutes Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Drone Parachutes Market Report
- What was the Drone Parachutes Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of Drone Parachutes Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Drone Parachutes Market was the market leader in 2021?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the Drone Parachutes market.
- The market share of the Drone Parachutes market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Drone Parachutes market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Drone Parachutes market.
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