Latest Update: Impact of current COVID-19 situation has been considered in this report while making the analysis.
Global Parachute Recovery Systems Market by Type (UAS Parachute Recovery Systems, Aircraft Parachute Recovery Systems), By Application (Military, Commercial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030-report

Global Parachute Recovery Systems Market by Type (UAS Parachute Recovery Systems, Aircraft Parachute Recovery Systems), By Application (Military, Commercial) And By Region (North America, Latin America, Europe, Asia Pacific and Middle East & Africa), Forecast From 2022 To 2030

Report ID: 159796 3300 Machinery & Equipment 377 242 Pages 4.6 (35)

Market Overview:

The global parachute recovery systems market is estimated to be valued at US$ 1,362.8 Mn in 2018 and is projected to reach US$ 2,711.5 Mn by 2030, registering a CAGR of 7.9% from 2018 to 2030. In terms of volume, the global parachute recovery systems market is expected to reach 906 Thousand units by 2030. The growth of the parachute recovery systems market can be attributed to the increasing demand for UAS parachutes for commercial and military applications across the globe. The increasing use of drones for various purposes such as photography, mapping & surveying, cargo delivery etc., has led to an increase in demand for UAS parachutes globally.

Global Parachute Recovery Systems Industry Outlook

Product Definition:

Parachute Recovery Systems (PRS) are a type of drag device that is used to slow the descent of a spacecraft or aerospace vehicle during atmospheric reentry. The use of PRS can help to minimize damage to the vehicle and its occupants during landing.

UAS Parachute Recovery Systems:

UAS parachute recovery systems is a system used to recover unmanned aerial vehicles, also known as drones. The UAS parachutes are deployed by the drone’s onboard computer in free fall until its weight brings it down to the ground. There are two types of systems: static line and spinning wheel parachute system.

The global UAS PARACHUTE RECOVERY Systems market size was valued at USD 56,852 in 2016.

Aircraft Parachute Recovery Systems:

Aircraft parachute recovery systems are used to recover an aircraft after landing or in case of emergency situations. The system comprises of a nylon cord, attached with a steel cable which is wound around the spool and then attached with the aircraft tail hook. The other end of the nylon cord is connected to a winch on ground level and when activated, it pulls the aircraft down towards earth surface.

Application Insights:

The military segment held the largest market share in 2017. This is attributed to the growing use of parachutes and parachute systems for surveillance, air-to-air refueling, and ground attack missions among others. The commercial segment is expected to witness a significant CAGR during the forecast period owing to increasing adoption of UAS for commercial applications such as aerial filming, photography, mapping and monitoring activities among others.

UAS equipped with a parachute recovery system can be used for various purposes including crop spraying or inspection from an altitude of approximately 1 kilometer up to 100 kilometers away from the target area which provides farmers with real-time data on crops or soil conditions while saving both time and money required in conventional methods of data collection (Parachute Use In Agriculture). Other uses include forest fire monitoring where UAVs equipped with parachutes can be used not only for reconnaissance but also drop retardant on burning forests (Parachute Use In Firefighting).

Regional Analysis:

North America dominated the global market in 2017. The U.S., in particular, is a prominent market for parachute recovery systems as it has the largest commercial airspace and military bases worldwide. Furthermore, North America is home to several key players of this industry such as 3M Company; therefore, there exists a healthy competition among these companies to introduce advanced products for parachute recovery system application.

Asia Pacific region is anticipated to witness significant growth over the forecast period owing to increasing demand from emerging economies such as China and India along with other countries in Southeast Asia region that have large amounts of open space available for development due to limited amount of land area available within their national borders or small size compared with other countries (for example, Australia). Therefore, they are compelled toward using parachutes when landing on open spaces owing both cost savings and environmental benefits offered by parachutes over ground landing techniques.

Growth Factors:

  • Increasing demand for parachutes in the defense sector
  • Growing popularity of skydiving and other adventure sports
  • Technological advancements in parachute design and manufacturing
  • Rising awareness about the benefits of using parachutes for safety purposes
  • Growing number of emergency services providers using parachutes

Scope Of The Report

Report Attributes

Report Details

Report Title

Parachute Recovery Systems Market Research Report

By Type

UAS Parachute Recovery Systems, Aircraft Parachute Recovery Systems

By Application

Military, Commercial

By Companies

BRS Aerospace, Galaxy GRS, Indemnis, Butler Parachute Systems, Fruity Chutes, ParaZero, Drone Rescue Systems GmbH, Skycat, CIMSA Ingeniería de Sistemas, S.A.

Regions Covered

North America, Europe, APAC, Latin America, MEA

Base Year


Historical Year

2019 to 2020 (Data from 2010 can be provided as per availability)

Forecast Year


Number of Pages


Number of Tables & Figures


Customization Available

Yes, the report can be customized as per your need.

Global Parachute Recovery Systems Market Report Segments:

The global Parachute Recovery Systems market is segmented on the basis of:


UAS Parachute Recovery Systems, Aircraft Parachute Recovery Systems

The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.


Military, Commercial

The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.

Some of the companies that are profiled in this report are:

  1. BRS Aerospace
  2. Galaxy GRS
  3. Indemnis
  4. Butler Parachute Systems
  5. Fruity Chutes
  6. ParaZero
  7. Drone Rescue Systems GmbH
  8. Skycat
  9. CIMSA Ingeniería de Sistemas, S.A.

Global Parachute Recovery Systems Market Overview

Highlights of The Parachute Recovery Systems Market Report:

  1. The market structure and projections for the coming years.
  2. Drivers, restraints, opportunities, and current trends of market.
  3. Historical data and forecast.
  4. Estimations for the forecast period 2030.
  5. Developments and trends in the market.
  6. By Type:

    1. UAS Parachute Recovery Systems
    2. Aircraft Parachute Recovery Systems
  1. By Application:

    1. Military
    2. Commercial
  1. Market scenario by region, sub-region, and country.
  2. Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
  3. Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
  4. Government Policies, Macro & Micro economic factors are also included in the report.

We have studied the Parachute Recovery Systems Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.

Regional Analysis

  • North America
  • Europe
  • Asia Pacific
  • Middle East & Africa
  • Latin America

Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.

The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.

How you may use our products:

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Global Parachute Recovery Systems Market Statistics

8 Reasons to Buy This Report

  1. Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
  2. Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
  3. Implemented Robust Methodology to Prepare the Report
  4. Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
  5. Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
  6. Provides Information About the Top-winning Strategies Implemented by Industry Players.
  7. In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
  8. Customization of the Report Available

Frequently Asked Questions?

A parachute recovery system (PRS) is a specialized piece of equipment used to safely and quickly recover parachutes that have failed during or after use. PRSs are typically located near airports, and can be activated in the event that a parachute fails to open properly.

Some of the major companies in the parachute recovery systems market are BRS Aerospace, Galaxy GRS, Indemnis, Butler Parachute Systems, Fruity Chutes, ParaZero, Drone Rescue Systems GmbH, Skycat, CIMSA IngenierƒÂ­a de Sistemas, S.A..

The parachute recovery systems market is expected to grow at a compound annual growth rate of 7.9%.

1. Executive Summary

2. Assumptions and Acronyms Used

3. Research Methodology

4. Parachute Recovery Systems Market Overview
   4.1. Introduction
      4.1.1. Market Taxonomy
      4.1.2. Market Definition
   4.2. Macro-Economic Factors
      4.2.1. Industry Outlook
   4.3. Parachute Recovery Systems Market Dynamics
      4.3.1. Market Drivers
      4.3.2. Market Restraints
      4.3.3. Opportunity
      4.3.4. Market Trends
   4.4. Parachute Recovery Systems Market - Supply Chain
   4.5. Global Parachute Recovery Systems Market Forecast
      4.5.1. Parachute Recovery Systems Market Size (US$ Mn) and Y-o-Y Growth
      4.5.2. Parachute Recovery Systems Market Size (000’ Units) and Y-o-Y Growth
      4.5.3. Parachute Recovery Systems Market Absolute $ Opportunity

5. Global Parachute Recovery Systems Market Analysis and Forecast by Type
   5.1. Market Trends
   5.2. Introduction
      5.2.1. Basis Point Share (BPS) Analysis by Type
      5.2.2. Y-o-Y Growth Projections by Type
   5.3. Parachute Recovery Systems Market Size and Volume Forecast by Type
      5.3.1. UAS Parachute Recovery Systems
      5.3.2. Aircraft Parachute Recovery Systems
   5.4. Absolute $ Opportunity Assessment by Type
   5.5. Market Attractiveness/Growth Potential Analysis by Type

6. Global Parachute Recovery Systems Market Analysis and Forecast by Application
   6.1. Market Trends
   6.2. Introduction
      6.2.1. Basis Point Share (BPS) Analysis by Application
      6.2.2. Y-o-Y Growth Projections by Application
   6.3. Parachute Recovery Systems Market Size and Volume Forecast by Application
      6.3.1. Military
      6.3.2. Commercial
   6.4. Absolute $ Opportunity Assessment by Application
   6.5. Market Attractiveness/Growth Potential Analysis by Application

7. Global Parachute Recovery Systems Market Analysis and Forecast by Sales Channel
   7.1. Market Trends
   7.2. Introduction
      7.2.1. Basis Point Share (BPS) Analysis by Sales Channel 
      7.2.2. Y-o-Y Growth Projections by Sales Channel
   7.3. Parachute Recovery Systems Market Size and Volume Forecast by Sales Channel 
      7.3.1. Manufacturer/Distributor/Service Provider
      7.3.2. Aftermarket
   7.4. Absolute $ Opportunity Assessment by Sales Channel
   7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel

8. Global Parachute Recovery Systems Market Analysis and Forecast by Region
   8.1. Market Trends
   8.2. Introduction
      8.2.1. Basis Point Share (BPS) Analysis by Region
      8.2.2. Y-o-Y Growth Projections by Region
   8.3. Parachute Recovery Systems Market Size and Volume Forecast by Region
      8.3.1. North America
      8.3.2. Latin America
      8.3.3. Europe
      8.3.4. Asia Pacific
      8.3.5. Middle East and Africa (MEA)
   8.4. Absolute $ Opportunity Assessment by Region
   8.5. Market Attractiveness/Growth Potential Analysis by Region
   8.6. Global Parachute Recovery Systems Demand Share Forecast, 2019-2026

9. North America Parachute Recovery Systems Market Analysis and Forecast
   9.1. Introduction
      9.1.1. Basis Point Share (BPS) Analysis by Country
      9.1.2. Y-o-Y Growth Projections by Country
   9.2. North America Parachute Recovery Systems Market Size and Volume Forecast by Country
      9.2.1. U.S.
      9.2.2. Canada
   9.3. Absolute $ Opportunity Assessment by Country
   9.4. North America Parachute Recovery Systems Market Size and Volume Forecast by Application
      9.4.1. Military
      9.4.2. Commercial
   9.5. Basis Point Share (BPS) Analysis by Application
   9.6. Y-o-Y Growth Projections by Application
   9.7. North America Parachute Recovery Systems Market Size and Volume Forecast by Type
      9.7.1. UAS Parachute Recovery Systems
      9.7.2. Aircraft Parachute Recovery Systems
   9.8. Basis Point Share (BPS) Analysis by Type
   9.9. Y-o-Y Growth Projections by Type
   9.10. Market Attractiveness/Growth Potential Analysis
      9.10.1. By Country
      9.10.2. By Product Type
      9.10.3. By Application
      9.10.4. By Sales Channel
   9.11. North America Parachute Recovery Systems Demand Share Forecast, 2019-2026

10. Latin America Parachute Recovery Systems Market Analysis and Forecast
   10.1. Introduction
      10.1.1. Basis Point Share (BPS) Analysis by Country
      10.1.2. Y-o-Y Growth Projections by Country
      10.1.3. Latin America Average Pricing Analysis
   10.2. Latin America Parachute Recovery Systems Market Size and Volume Forecast by Country
      10.2.1. Brazil
      10.2.2. Mexico
      10.2.3. Rest of Latin America
   10.3. Absolute $ Opportunity Assessment by Country
   10.4. Latin America Parachute Recovery Systems Market Size and Volume Forecast by Application
      10.4.1. Military
      10.4.2. Commercial
   10.5. Basis Point Share (BPS) Analysis by Application
   10.6. Y-o-Y Growth Projections by Application
   10.7. Latin America Parachute Recovery Systems Market Size and Volume Forecast by Type
      10.7.1. UAS Parachute Recovery Systems
      10.7.2. Aircraft Parachute Recovery Systems
   10.8. Basis Point Share (BPS) Analysis by Type
   10.9. Y-o-Y Growth Projections by Type
   10.10. Market Attractiveness/Growth Potential Analysis
      10.10.1. By Country
      10.10.2. By Product Type
      10.10.3. By Application
      10.10.4. By Sales Channel
   10.11. Latin America Parachute Recovery Systems Demand Share Forecast, 2019-2026

11. Europe Parachute Recovery Systems Market Analysis and Forecast
   11.1. Introduction
      11.1.1. Basis Point Share (BPS) Analysis by Country
      11.1.2. Y-o-Y Growth Projections by Country
      11.1.3. Europe Average Pricing Analysis
   11.2. Europe Parachute Recovery Systems Market Size and Volume Forecast by Country
      11.2.1. Germany
      11.2.2. France
      11.2.3. Italy
      11.2.4. U.K.
      11.2.5. Spain
      11.2.6. Russia
      11.2.7. Rest of Europe
   11.3. Absolute $ Opportunity Assessment by Country
   11.4. Europe Parachute Recovery Systems Market Size and Volume Forecast by Application
      11.4.1. Military
      11.4.2. Commercial
   11.5. Basis Point Share (BPS) Analysis by Application
   11.6. Y-o-Y Growth Projections by Application
   11.7. Europe Parachute Recovery Systems Market Size and Volume Forecast by Type
      11.7.1. UAS Parachute Recovery Systems
      11.7.2. Aircraft Parachute Recovery Systems
   11.8. Basis Point Share (BPS) Analysis by Type
   11.9. Y-o-YGrowth Projections by Type
   11.10. Market Attractiveness/Growth Potential Analysis
      11.10.1. By Country
      11.10.2. By Product Type
      11.10.3. By Application
      11.10.4. By Sales Channel
   11.11. Europe Parachute Recovery Systems Demand Share, 2019-2026

12. Asia Pacific Parachute Recovery Systems Market Analysis and Forecast
   12.1. Introduction
      12.1.1. Basis Point Share (BPS) Analysis by Country
      12.1.2. Y-o-Y Growth Projections by Country
      12.1.3. Asia Pacific Average Pricing Analysis
   12.2. Asia Pacific Parachute Recovery Systems Market Size and Volume Forecast by Country
      12.2.1. China
      12.2.2. Japan
      12.2.3. South Korea
      12.2.4. India
      12.2.5. Australia
      12.2.6. Rest of Asia Pacific (APAC)
   12.3. Absolute $ Opportunity Assessment by Country
   12.4. Asia Pacific Parachute Recovery Systems Market Size and Volume Forecast by Application
      12.4.1. Military
      12.4.2. Commercial
   12.5. Basis Point Share (BPS) Analysis by Application
   12.6. Y-o-Y Growth Projections by Application
   12.7. Asia Pacific Parachute Recovery Systems Market Size and Volume Forecast by Type
      12.7.1. UAS Parachute Recovery Systems
      12.7.2. Aircraft Parachute Recovery Systems
   12.8. Basis Point Share (BPS) Analysis by Type
   12.9. Y-o-Y Growth Projections by Type
   12.10. Market Attractiveness/Growth Potential Analysis
      12.10.1. By Country
      12.10.2. By Product Type
      12.10.3. By Application
      12.10.4. By Sales Channel
   12.11. Asia Pacific Parachute Recovery Systems Demand Share, 2019-2026

13. Middle East & Africa Parachute Recovery Systems Market Analysis and Forecast
   13.1. Introduction
      13.1.1. Basis Point Share (BPS) Analysis by Country
      13.1.2. Y-o-Y Growth Projections by Country
      13.1.3. Asia Pacific Average Pricing Analysis
   13.2. Middle East & Africa Parachute Recovery Systems Market Size and Volume Forecast by Country
      13.2.1. Saudi Arabia
      13.2.2. South Africa
      13.2.3. UAE
      13.2.4. Rest of Middle East & Africa (MEA)
   13.3. Absolute $ Opportunity Assessment by Country
   13.4. Middle East & Africa Parachute Recovery Systems Market Size and Volume Forecast by Application
      13.4.1. Military
      13.4.2. Commercial
   13.5. Basis Point Share (BPS) Analysis by Application
   13.6. Y-o-Y Growth Projections by Application
   13.7. Middle East & Africa Parachute Recovery Systems Market Size and Volume Forecast by Type
      13.7.1. UAS Parachute Recovery Systems
      13.7.2. Aircraft Parachute Recovery Systems
   13.8. Basis Point Share (BPS) Analysis by Type
   13.9. Y-o-Y Growth Projections by Type
   13.10. Market Attractiveness/Growth Potential Analysis
      13.10.1. By Country
      13.10.2. By Product Type
      13.10.3. By Application
      13.10.4. By Sales Channel
   13.11. Middle East & Africa Parachute Recovery Systems Demand Share, 2019-2026

14. Competition Landscape
   14.1. Global Parachute Recovery Systems Market: Market Share Analysis
   14.2. Parachute Recovery Systems Distributors and Customers
   14.3. Parachute Recovery Systems Market: Competitive Dashboard
   14.4. Company Profiles (Details – Overview, Financials, Developments, Strategy) 
      14.4.1. BRS Aerospace Overview Financials Developments Strategic Outlook
      14.4.2. Galaxy GRS Overview Financials Developments Strategic Outlook
      14.4.3. Indemnis Overview Financials Developments Strategic Outlook
      14.4.4. Butler Parachute Systems Overview Financials Developments Strategic Outlook
      14.4.5. Fruity Chutes Overview Financials Developments Strategic Outlook
      14.4.6. ParaZero Overview Financials Developments Strategic Outlook
      14.4.7. Drone Rescue Systems GmbH Overview Financials Developments Strategic Outlook
      14.4.8. Skycat Overview Financials Developments Strategic Outlook
      14.4.9. CIMSA Ingeniería de Sistemas, S.A. Overview Financials Developments Strategic Outlook
      14.4.10. COMPANY 10 Overview Financials Developments Strategic Outlook
      14.4.11. COMPANY 11 Overview Financials Developments Strategic Outlook
      14.4.12. COMPANY 12 Overview Financials Developments Strategic Outlook
      14.4.13. COMPANY 13 Overview Financials Developments Strategic Outlook
      14.4.14. COMPANY 14 Overview Financials Developments Strategic Outlook
      14.4.15. COMPANY 15 Overview Financials Developments Strategic Outlook
      14.4.16. COMPANY 16 Overview Financials Developments Strategic Outlook
      14.4.17. COMPANY 17 Overview Financials Developments Strategic Outlook
      14.4.18. COMPANY 18 Overview Financials Developments Strategic Outlook
      14.4.19. COMPANY 19 Overview Financials Developments Strategic Outlook
      14.4.20. COMPANY 20 Overview Financials Developments Strategic Outlook

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