Australia Military And Commercial Parachute Market Size & Outlook
The military and commercial parachute market in Australia is expected to reach a projected revenue of US$ 17.2 million by 2030. A compound annual growth rate of 10.9% is expected of Australia military and commercial parachute market from 2025 to 2030.
Revenue, 2024 (US$M)
$9.2
Forecast, 2030 (US$M)
$17.2
CAGR, 2025 - 2030
10.9%
Report Coverage
Australia
Related Markets
Australia military and commercial parachute market highlights
- The Australia military and commercial parachute market generated a revenue of USD 9.2 million in 2024 and is expected to reach USD 17.2 million by 2030.
- The Australia market is expected to grow at a CAGR of 10.9% from 2025 to 2030.
- In terms of segment, ram-air was the largest revenue generating type in 2024.
- Cruciform is the most lucrative type segment registering the fastest growth during the forecast period.
Military and commercial parachute market data book summary
| Market revenue in 2024 | USD 9.2 million |
| Market revenue in 2030 | USD 17.2 million |
| Growth rate | 10.9% (CAGR from 2025 to 2030) |
| Largest segment | Ram-air |
| Fastest growing segment | Cruciform |
| Historical data | 2018 - 2023 |
| Base year | 2024 |
| Forecast period | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Round, Cruciform, Ram-air |
Other key industry trends
- In terms of revenue, Australia accounted for 1.1% of the global military and commercial parachute market in 2024.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China military and commercial parachute market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 47.2 million by 2030.
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Military and Commercial Parachute Market Scope
Military and commercial parachute market segmentation & scope
Military and Commercial Parachute Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Mills Manufacturing | View profile | 11-50 | Asheville, North Carolina, United States, North America | https://www.millsmanufacturing.com |
| FXC Corporation | View profile | 51-100 | Costa Mesa, California, United States, North America | http://www.fxcguardian.com/ |
| Airborne Systems | View profile | 501-1000 | Pennsauken, New Jersey, United States, North America | http://www.airborne-sys.com |
| Aerodyne Corp | View profile | 11-50 | Stuart, Florida, United States, North America | http://aerodynecorp.com |
| Fujikura Ltd | View profile | 62538 | 5-1 Kiba 1-chome, Koto-ku, Tokyo, Japan, 135-8512 | http://www.fujikura.co.jp |
| Safran SA | View profile | 83278 | 2, boulevard du General-Martial-Valin, Paris, France, 75015 | https://www.safran-group.com |
| BAE Systems PLC | View profile | 99800 | 6 Carlton Gardens, Stirling Square, London, United Kingdom, SW1Y 5AD | https://www.baesystems.com |
Australia military and commercial parachute market size, by type, 2018-2030 (US$M)
Australia Military and Commercial Parachute Market Outlook Share, 2024 & 2030 (US$M)
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