According to a new report from  Intel Market Research , the  global Cargo Extraction (Low Velocity, LAPES) Parachute System market  was valued at  USD 0.28 billion in 2025  and is projected to reach  USD 0.42 billion by 2034 , growing at a  robust CAGR of 4.7%  during the forecast period. This growth is propelled by ongoing defense modernization...