The Hypersonic Missiles Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Hypersonic Missiles Market?
The global market for hypersonic missiles has seen rapid expansion in recent years. The market size is projected to increase from $132.69 billion in 2024 to $146.07 billion in 2025, with a compound annual growth rate (CAGR) of 10.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Hypersonic Missiles Industry?
The Hypersonic Missiles Global Market is projected to reach a size of $204.58 billion in 2029, growing at a compound annual growth rate (CAGR) of 8.8%.
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What are the Key Growth Drivers Fueling the Hypersonic Missiles Market?
The key drivers in the hypersonic missiles market are:
• Increased focus on offensive and defensive capabilities
• Expansion of global military alliances and collaborations
• Growing demand for precision strike capabilities
• Integration with multi-domain operations
Global Market Segmentation: Identifying Major Hypersonic Missiles Industry Segments
The hypersonic missiles market covered in this report is segmented –
1) By Product: Hypersonic Glide Vehicle, Hypersonic Cruise Missile
2) By Application: Wire Guidance, Command Guidance, Terrain Comparison Guidance, Terrestrial Guidance, Inertial Guidance, Beam Rider Guidance, Laser Guidance, Radio Frequency (RF) And GPS Reference
3) By End-Users: Military, Civil
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What are the Emerging Trends Shaping the Future of the Hypersonic Missiles Market?
The key trends in the hypersonic missiles market are:
• Rapid technological advancements are becoming a crucial trend.
• Advancements in the sphere of aerospace technology are emerging.
• Hypersonic technology advances are shaping the market's future.
• There is a notable trend of increased military investments and the rise of hypersonic glide vehicles.
Who Are the Top Competitors & Leading Players in the Hypersonic Missiles Market?
Major companies in the hypersonic missiles market are:
• Raytheon Technologies
• Boeing Company
• Lockheed Martin Corp.
• Hanwha Corporation
• China Aerospace Science and Industry Corporation
• General Dynamics Corporation
• Northrop Grumman
• Mitsubishi Heavy Industries Ltd.
• Rostec State Corporation
• BAE Systems plc
• L3Harris Technologies Inc.
• Leidos
• Israel Aerospace Industries Ltd.
• Rafael Advanced Defense Systems Ltd.
• Aerojet Rocketdyne Holdings Inc.
• Systima Technologies
• Denel SOC Ltd.
• Tactical Missiles Corporation
• BrahMos Aerospace
• CASIC Rocket Technology Company
• Kongsberg Gruppen
Regional Dominance: Which Area Leads the Global Template Market?
North America was the largest region in the hypersonic missiles market in 2024
