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)
Related Markets
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 2024 | USD 204.8 million |
| Market revenue in 2030 | USD 297.9 million |
| Growth rate | 6.3% (CAGR from 2025 to 2030) |
| Largest segment | Cruciform |
| Fastest growing segment | Ram-air |
| 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, 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.
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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 |
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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)
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