Nuclear Missiles And Bombs Global Market Report 2025

Nuclear Missiles And Bombs Market Overview

• Nuclear Missiles And Bombs market size has reached to $8.89 billion in 2024

• Expected to grow to $11.31 billion in 2029 at a compound annual growth rate (CAGR) of 4.9%

• Growth Driver: Rising Investments In Defense Systems Are Fueling The Market Growth Due To Increasing Production Needs

• Market Trend: Advancing Strategic Deterrence With Next-Generation Nuclear Cruise Missiles

• North America was the largest region in 2024 and Asia-Pacific is the fastest growing region.

What Is Covered Under Nuclear Missiles And Bombs Market?

Nuclear missiles and bombs are highly destructive weapons that unleash enormous amounts of energy through nuclear fission or fusion reactions, causing devastating explosions capable of widespread destruction and lasting radioactive contamination. Nuclear bombs are generally deployed by being dropped from aircraft, whereas nuclear missiles are sophisticated delivery systems designed to launch and accurately deliver nuclear warheads across vast distances.

The main types of nuclear missiles and bombs are intercontinental ballistic missiles, submarine-launched ballistic missiles, tactical nuclear weapons, and strategic bombs. Intercontinental ballistic missiles are long-range missiles designed to deliver nuclear warheads across continents. They utilize various propulsion systems, such as solid propellant, liquid propellant, and hybrid systems, and are classified by range into less than 1000 km, 1000 km to 5000 km, and greater than 5000 km. These missiles serve multiple end-use applications, such as military defense systems, nuclear energy research organizations, and international regulatory bodies.

What Is The Nuclear Missiles And Bombs Market Size 2025 And Growth Rate?

The nuclear missiles and bombs market size has grown strongly in recent years. It will grow from $8.89 billion in 2024 to $9.34 billion in 2025 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to increased geopolitical tensions worldwide, rise in defense modernization budgets, growing nuclear weapons proliferation, increased cross-border conflicts, and rise in national security concerns.

What’s The Trade War Impact On Chemicals Industry?

The intensifying U.S. tariffs and escalating trade tensions in spring 2025 are expected to have a significant impact on the chemicals sector, which is bearing a disproportionate burden, particularly from tariffs on petrochemicals and intermediates, where affordable domestic substitutes are often unavailable. Producers of specialty chemicals, heavily dependent on Chinese raw materials, are experiencing production disruptions. At the same time, fertilizer manufacturers are seeing profit margins eroded due to tariffs on phosphate imports. In response, companies are ramping up R&D into bio-based alternatives, forming procurement alliances to consolidate buying power, and shifting production to tariff-neutral nations such as Saudi Arabia.

How is the Nuclear Missiles And Bombs Market Segmented?

1) By Type: Intercontinental Ballistic Missiles, Submarine-Launched Ballistic Missiles, Tactical Nuclear Weapons, Strategic Bombs

2) By Propulsion Type: Solid Propellant, Liquid Propellant, Hybrid Systems

3) By Missile Range: Less Than 1000km, 1000km - 5000km, Greater Than 5000km

4) By End-User Application: Military Defense Systems, Nuclear Energy Research Organizations, International Regulatory Bodies

Subsegments:

1) By Intercontinental Ballistic Missiles: Land-Based ICBMs, Mobile ICBMs, MIRV-Capable ICBMs, Hypersonic Glide Vehicle-Equipped ICBMs

2) By Submarine-Launched Ballistic Missiles: Ballistic Missiles For Nuclear Submarines (SSBNs), MIRV-Equipped SLBMs, Next-Generation SLBMs, Long-Range SLBMs

3) By Tactical Nuclear Weapons: Nuclear Artillery Shells, Short-Range Ballistic Missiles (SRBMs), Nuclear Gravity Bombs, Nuclear Depth Charges And Torpedoes

4) By Strategic Bombs: Free-Fall Nuclear Bombs, Guided Nuclear Bombs, Air-Launched Cruise Missiles (ALCMs) With Nuclear Warheads, Stealth Nuclear Bombs For Strategic Bombers

What Is Driving The Nuclear Missiles And Bombs Market? Rising Investments In Defense Systems Are Fueling The Market Growth Due To Increasing Production Needs

Rising investments in defense systems are expected to propel the growth of the nuclear missiles and bombs market going forward. Defense systems refer to integrated technologies, strategies, and equipment designed to detect, prevent, or respond to threats and attacks against a nation's security, both military and civilian. Investments in defense systems are rising as countries seek to modernize outdated military infrastructure with advanced technologies such as unmanned systems, AI-driven platforms, and next-generation missile defense to maintain strategic superiority. Investments in defense systems support nuclear missiles and bombs by advancing delivery technologies, enhancing command and control systems, and ensuring the security and readiness of nuclear arsenals for effective deterrence. For instance, in November 2023, according to the report published by the Ministry of Defense, a UK-based government department, the UK government spent $60.91 billion (£52.8 billion) on defense in 2022-23, with this figure increasing to $62.52 billion (£54.2 billion) in 2023-24. Therefore, the investments in defense systems are driving the growth of the nuclear missiles and bombs market.

What Is Driving The Nuclear Missiles And Bombs Market? Rising Investments In Defense Systems Are Fueling The Market Growth Due To Increasing Production Needs

Rising investments in defense systems are expected to propel the growth of the nuclear missiles and bombs market going forward. Defense systems refer to integrated technologies, strategies, and equipment designed to detect, prevent, or respond to threats and attacks against a nation's security, both military and civilian. Investments in defense systems are rising as countries seek to modernize outdated military infrastructure with advanced technologies such as unmanned systems, AI-driven platforms, and next-generation missile defense to maintain strategic superiority. Investments in defense systems support nuclear missiles and bombs by advancing delivery technologies, enhancing command and control systems, and ensuring the security and readiness of nuclear arsenals for effective deterrence. For instance, in November 2023, according to the report published by the Ministry of Defense, a UK-based government department, the UK government spent $60.91 billion (£52.8 billion) on defense in 2022-23, with this figure increasing to $62.52 billion (£54.2 billion) in 2023-24. Therefore, the investments in defense systems are driving the growth of the nuclear missiles and bombs industry.

Who Are The Major Players In The Global Nuclear Missiles And Bombs Market?

Major Companies operating in the nuclear missiles and bombs market are Raytheon Technologies Corporation, The Boeing Company, Lockheed Martin Corporation, General Dynamics Corporation, Northrop Grumman Corporation, Honeywell International Inc., BAE Systems plc, L3Harris Technologies Inc., Leonardo S.p.A., Fluor Corporation, Textron Inc., Huntington Ingalls Industries Inc., China National Nuclear Corporation, Babcock International Group plc, Naval Group S.A., MBDA Missile Systems, Bechtel Corporation, ArianeGroup SAS, BWX Technologies Inc., Aerojet Rocketdyne Holdings Inc.

Who Are The Major Players In The Global Nuclear Missiles And Bombs Market?

Major Companies operating in the nuclear missiles and bombs market are Raytheon Technologies Corporation, The Boeing Company, Lockheed Martin Corporation, General Dynamics Corporation, Northrop Grumman Corporation, Honeywell International Inc., BAE Systems plc, L3Harris Technologies Inc., Leonardo S.p.A., Fluor Corporation, Textron Inc., Huntington Ingalls Industries Inc., China National Nuclear Corporation, Babcock International Group plc, Naval Group S.A., MBDA Missile Systems, Bechtel Corporation, ArianeGroup SAS, BWX Technologies Inc., Aerojet Rocketdyne Holdings Inc.

What Are The Key Trends Of The Global Nuclear Missiles And Bombs Market? Advancing Strategic Deterrence With Next-Generation Nuclear Cruise Missiles

Major companies operating in the nuclear missiles and bombs market are focusing on developing innovative solutions, such as nuclear cruise missiles, to enhance strategic deterrence, increase precision targeting capabilities, and extend operational range. Nuclear cruise missiles refer to long-range, jet-powered missiles armed with nuclear warheads that fly at low altitudes and can maneuver mid-flight, making them difficult to detect and intercept. For instance, in June 2025, the United States Air Force, a US-based defense force, unveiled the AGM-181A Long-Range Standoff (LRSO) nuclear cruise missile, which will arm both the B-21 Raider and upgraded B-52 Stratofortress bombers as part of efforts to modernize America’s nuclear triad. Developed by Raytheon, the LRSO is designed to replace the aging AGM-86B Air Launched Cruise Missile, offering advanced stealth, a range exceeding 1,500 miles, and the ability to penetrate sophisticated air defense systems from significant distances. The missile features a trapezoidal body, wedge-shaped nose, and folding wings and is built for survivability in GPS-denied and electronically contested environments.

What Are The Key Trends Of The Global Nuclear Missiles And Bombs Market? Advancing Strategic Deterrence With Next-Generation Nuclear Cruise Missiles

Major companies operating in the nuclear missiles and bombs market are focusing on developing innovative solutions, such as nuclear cruise missiles, to enhance strategic deterrence, increase precision targeting capabilities, and extend operational range. Nuclear cruise missiles refer to long-range, jet-powered missiles armed with nuclear warheads that fly at low altitudes and can maneuver mid-flight, making them difficult to detect and intercept. For instance, in June 2025, the United States Air Force, a US-based defense force, unveiled the AGM-181A Long-Range Standoff (LRSO) nuclear cruise missile, which will arm both the B-21 Raider and upgraded B-52 Stratofortress bombers as part of efforts to modernize America’s nuclear triad. Developed by Raytheon, the LRSO is designed to replace the aging AGM-86B Air Launched Cruise Missile, offering advanced stealth, a range exceeding 1,500 miles, and the ability to penetrate sophisticated air defense systems from significant distances. The missile features a trapezoidal body, wedge-shaped nose, and folding wings and is built for survivability in GPS-denied and electronically contested environments.

What Are Latest Mergers And Acquisitions In The Nuclear Missiles And Bombs Market? L3Harris Acquires Aerojet Rocketdyne To Boost Advanced Missile And Propulsion Capabilities

In July 2023, L3Harris Technologies, Inc., a US-based defense contractor company, acquired Aerojet Rocketdyne for an undisclosed amount. With this acquisition, L3Harris Technologies aims to strengthen its defense industrial base, enhance competition, and accelerate innovation in advanced propulsion systems and missile technologies to better address current and emerging national security threats. Aerojet Rocketdyne is a US-based aerospace and defense company involved in the design, development, and production of land- and sea-based nuclear ballistic missile systems.

What Are Latest Mergers And Acquisitions In The Nuclear Missiles And Bombs Market? L3Harris Acquires Aerojet Rocketdyne To Boost Advanced Missile And Propulsion Capabilities

In July 2023, L3Harris Technologies, Inc., a US-based defense contractor company, acquired Aerojet Rocketdyne for an undisclosed amount. With this acquisition, L3Harris Technologies aims to strengthen its defense industrial base, enhance competition, and accelerate innovation in advanced propulsion systems and missile technologies to better address current and emerging national security threats. Aerojet Rocketdyne is a US-based aerospace and defense company involved in the design, development, and production of land- and sea-based nuclear ballistic missile systems.

What Is The Regional Outlook For The Global Nuclear Missiles And Bombs Market?

North America was the largest region in the nuclear missiles and bombs market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the nuclear missiles and bombs market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the nuclear missiles and bombs market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Is The Regional Outlook For The Global Nuclear Missiles And Bombs Market?

North America was the largest region in the nuclear missiles and bombs market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in this market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

What Defines the Nuclear Missiles And Bombs Market?

The nuclear missiles and bombs market consists of revenues earned by entities by providing services such as nuclear deterrence, geopolitical influence, mutual defense commitments, crisis management, and conflict prevention. The market value includes the value of related goods sold by the service provider or included within the service offering. The nuclear missiles and bomb market also includes sales of nuclear warheads, ballistic missiles, cruise missiles, bombers and aircraft systems, and submarines. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

What Defines the Nuclear Missiles And Bombs Market?

The nuclear missiles and bombs market consists of revenues earned by entities by providing services such as nuclear deterrence, geopolitical influence, mutual defense commitments, crisis management, and conflict prevention. The market value includes the value of related goods sold by the service provider or included within the service offering. The nuclear missiles and bomb market also includes sales of nuclear warheads, ballistic missiles, cruise missiles, bombers and aircraft systems, and submarines. Values in this market are ‘factory gate’ values, that is, the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What is the Market Assessment and Strategic Outlook for the Nuclear Missiles And Bombs Industry?

The nuclear missiles and bombs market research report is one of a series of new reports from The Business Research Company that provides nuclear missiles and bombs market statistics, including nuclear missiles and bombs industry global market size, regional shares, competitors with a nuclear missiles and bombs market share, detailed nuclear missiles and bombs market segments, market trends and opportunities, and any further data you may need to thrive in the nuclear missiles and bombs industry. This nuclear missiles and bombs market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

What is the Market Assessment and Strategic Outlook for the Nuclear Missiles And Bombs Industry?

The nuclear missiles and bombs market research report is one of a series of new reports from The Business Research Company that provides market statistics, including nuclear missiles and bombs industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the nuclear missiles and bombs industry. This nuclear missiles and bombs market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.