The Supersonic Jet Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
The supersonic jet market has expanded significantly in the recent past. The market size increased from $27.2 billion in 2024 to $29.07 billion in 2025, with a compound annual growth rate (CAGR) of 6.9%.
The Supersonic Jet Global Market is projected to reach $37.45 billion in 2029, with a Compound Annual Growth Rate (CAGR) of 6.5%.
Download Your Free Sample of the 2025 Supersonic Jet Market Report and Uncover Key Trends Now!The key drivers in the supersonic jet market are:
• Advancements in environmental sustainability
• Expansion of the supersonic jet market
• Economic growth influencing the supersonic jet industry
• Development and use of sustainable fuel alternatives
The supersonic jet market covered in this report is segmented –
1) By Type Outlook: Light Jet, Mid-Size Jet, Large Jet
2) By Speed Range: 1 Mach – 2 Mach, 2 Mach – 3 Mach
3) By System Analysis: Airframe, Engine, Avionics, Landing Gear System, Weapon System
4) By Platform: Commercial Aircraft, Military Aircraft
The key trends in the neodymium market are:
• Sonic boom mitigation can be seen as an emerging trend in the supersonic jet market.
• There is a growing trend towards the development of supersonic business jets.
• Digital passenger experience is being increasingly prioritized.
• The use of artificial intelligence in supersonic jets signifies a future trend.
Major companies in the supersonic jet market are:
• Boom Technology Inc.
• Lockheed Martin Corporation
• Airbus SAS
• Aerion Corporation
• Boeing Airplane & Transport Corporation
• Spike Aerospace Inc.
• TsAGI
• Hypermach Europe Aeronautics Ltd.
• Dassault Aviation Inc.
• Tupolev PJSC
• BAE Systems
• Saab AB
• United Aircraft Corporation
• Aviation Industry Corporation of China
• Gulfstream Aerospace Corp.
• Exosonic Inc.
• Reaction Engines Ltd.
• Northrop Grumman
• Hermeus Corp.
• Embraer SA
• The JSC Sukhoi Company
• Aérospatiale Group
• Mitsubishi Heavy Industries Ltd.
• Kawasaki Heavy Industries Ltd.
• Virgin Galactic Holdings Inc.
• HyperSciences Inc.
• SpaceWorks Enterprises Inc.
• Orion Span Inc.
North America was the largest region in the supersonic jet market share in 2024