U.S. Military And Commercial Parachute Market Size & Outlook

The military and commercial parachute market in the United States is expected to reach a projected revenue of US$ 297.9 million by 2030. A compound annual growth rate of 6.3% is expected of the United States military and commercial parachute market from 2025 to 2030.
Revenue, 2024 (US$M)
$204.8
Forecast, 2030 (US$M)
$297.9
CAGR, 2025 - 2030
6.3%
Report Coverage
U.S.

U.S. military and commercial parachute market, 2018-2030 (US$M)

To keep accessing Horizon, please sign in or register for a free account

  • Access to global market statistics
  • Access to company profiles
  • Free use-cases & research insights

No credit card required*

U.S. military and commercial parachute market, 2018-2030 (US$M)

U.S. military and commercial parachute market highlights

  • The U.S. military and commercial parachute market generated a revenue of USD 204.8 million in 2024 and is expected to reach USD 297.9 million by 2030.
  • The U.S. market is expected to grow at a CAGR of 6.3% from 2025 to 2030.
  • In terms of segment, cruciform was the largest revenue generating type in 2024.
  • Ram-air 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 2024USD 204.8 million
Market revenue in 2030USD 297.9 million
Growth rate6.3% (CAGR from 2025 to 2030)
Largest segmentCruciform
Fastest growing segmentRam-air
Historical data2018 - 2023
Base year2024
Forecast period2025 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRound, Cruciform, Ram-air


Other key industry trends

  • In terms of revenue, U.S. accounted for 23.9% 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 North America, U.S. military and commercial parachute market is projected to lead the regional market in terms of revenue in 2030.
  • Mexico is the fastest growing regional market in North America and is projected to reach USD 87.6 million by 2030.

No credit card required*

Horizon in a snapshot

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more

Military and Commercial Parachute Market Scope

Military and commercial parachute market segmentation & scope
Round
Cruciform
Ram-air
Others
Troop/Personnel
Cargo/Extraction
Deceleration
Emergency
Others

Military and Commercial Parachute Market Companies

Name Profile # Employees HQ Website

U.S. military and commercial parachute market size, by type, 2018-2030 (US$M)

U.S. Military and Commercial Parachute Market Outlook Share, 2024 & 2030 (US$M)

U.S. military and commercial parachute market size, by type, 2018-2030 (US$M)

Sign up - it's easy, and free!

Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our free plan indefinitely.

Explore all plans

Included in Horizon account

  • 30K+ Global Market Reports
  • 120K+ Country Reports
  • 1.2M+ Market Statistics
  • 200K+ Company Profiles
  • Industry insights and more