The ballistic parachute system (BPS) provides an additional safety margin. However, if utilized when other alternatives would produce a better outcome or if not deployed with the proper procedures, BPS system use could create a worse situation than not using a BPS. 
This report contains market size and forecasts of Ballistic Parachute System (BPS) in global, including the following market information:
Global Ballistic Parachute System (BPS) Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Ballistic Parachute System (BPS) Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Ballistic Parachute System (BPS) companies in 2021 (%)
The global Ballistic Parachute System (BPS) market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Internal Mounted Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Ballistic Parachute System (BPS) include Opener, Cirrus, BRS Aerospace, GALAXY GRS, Stratos 07, Indemnis, Opale Parachutes, Mars Parachutes and Drone Rescue Systems GmbH, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Ballistic Parachute System (BPS) manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Ballistic Parachute System (BPS) Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Ballistic Parachute System (BPS) Market Segment Percentages, by Type, 2021 (%)
Internal Mounted
External Mounted
Global Ballistic Parachute System (BPS) Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Ballistic Parachute System (BPS) Market Segment Percentages, by Application, 2021 (%)
Military Use
Commercial Use
Personal Use
Global Ballistic Parachute System (BPS) Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Ballistic Parachute System (BPS) Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Ballistic Parachute System (BPS) revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Ballistic Parachute System (BPS) revenues share in global market, 2021 (%)
Key companies Ballistic Parachute System (BPS) sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Ballistic Parachute System (BPS) sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Opener
Cirrus
BRS Aerospace
GALAXY GRS
Stratos 07
Indemnis
Opale Parachutes
Mars Parachutes
Drone Rescue Systems GmbH
ParaZero Drone Safety Systems Ltd.
Fruity Chutes
Nippon Kayaku
Ekofastba
Rocketman Enterprise
Butler Parachute Systems