Global Hypersonic Missiles Market Growth, Share, Size, Trends and Forecast (2025 - 2031)

By Type;

Hypersonic Cruise Missiles (HCM), Hypersonic Glide Vehicle (HGV).

By Domain;

Land, Naval, and Airborne.

By Range;

Short Range, Medium Range, and Long Range.

By Propulsion Type;

Scramjet, Boost Glide

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).
Report ID: Rn750116024 Published Date: March, 2025 Updated Date: April, 2025

Introduction

Global Hypersonic Missiles Market (USD Million), 2021 - 2031

In the year 2024, the Global Hypersonic Missiles Market was valued at USD 121.37 million. The size of this market is expected to increase to USD 180.09 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 5.8%.

The Global Hypersonic Missiles Market stands at the forefront of military technological advancements, representing a paradigm shift in modern warfare capabilities. Hypersonic missiles, characterized by their unparalleled speed and maneuverability, have emerged as game-changers in the strategic landscape, offering unmatched precision, range, and lethality in combat scenarios. This Introduction provides a comprehensive overview of the Global Hypersonic Missiles Market, delving into the dynamics, trends, and drivers shaping the evolution of hypersonic missile technologies and their implications for defense and security worldwide.

In recent years, there has been a surge in global interest and investment in hypersonic missiles, driven by a combination of geopolitical tensions, strategic rivalries, and technological breakthroughs. The unparalleled speed and agility of hypersonic missiles enable them to evade existing missile defense systems, penetrate enemy defenses, and strike high-value targets with unprecedented precision and lethality. As a result, major military powers are racing to develop and deploy hypersonic missile capabilities to maintain strategic superiority and deter potential adversaries in an increasingly complex security environment.

The proliferation of hypersonic missile technologies has profound implications for military doctrines, defense strategies, and regional stability, as nations seek to enhance their deterrence capabilities, project power, and safeguard their national interests. The Global Hypersonic Missiles Market encompasses a diverse range of players, including leading defense contractors, research institutions, and government agencies, collaborating to develop and field advanced hypersonic missile systems tailored to meet the evolving needs and threats of modern warfare. As hypersonic missiles continue to revolutionize military capabilities and reshape the global security landscape, stakeholders must navigate a complex and dynamic market environment to leverage opportunities and address emerging challenges in this critical domain of defense and security.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Type
    2. Market Snapshot, By Domain
    3. Market Snapshot, By Range
    4. Market Snapshot, By Propulsion Type
    5. Market Snapshot, By Region
  4. Global Hypersonic Missiles Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Military Modernization Initiatives
        2. Strategic Rivalries and Geopolitical Tensions
        3. Need for Prompt Global Strike Capabilities
        4. Escalating Anti-Access/Area Denial (A2/AD) Challenges
        5. Growing Demand for Missile Defense Systems
      2. Restraints
        1. Technological Challenges and Uncertainties
        2. Complexity of Test and Evaluation
        3. International Arms Control and Non-Proliferation Concern
        4. Export Control and Technology Transfer Restrictions
        5. Ethical and Legal Implications
      3. Opportunities
        1. Dual-Use Applications and Civilian Markets
        2. Collaborative Research and Development
        3. Customization and Tailored Solutions
        4. Integration with Multi-Domain Operations
        5. Investment in Support Infrastructure
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Hypersonic Missiles Market, By Type, 2021 - 2031 (USD Million)
      1. Hypersonic Cruise Missiles (HCM)
      2. Hypersonic Glide Vehicle (HGV)
    2. Global Hypersonic Missiles Market, By Domain, 2021 - 2031 (USD Million)
      1. Land
      2. Naval
      3. Airborne
    3. Global Hypersonic Missiles Market, By Range, 2021 - 2031 (USD Million)
      1. Short Range
      2. Medium Range
      3. Long Range
    4. Global Hypersonic Missiles Market, By Propulsion Type, 2021 - 2031 (USD Million)
      1. Scramjet
      2. Boost Glide
    5. Global Hypersonic Missiles Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Aerojet Rocketdyne Holdings Inc
      2. The Boeing Company
      3. Brahmos Aerospace Pvt. Ltd.
      4. Lockheed Martin Corporation
      5. Thales Group
      6. General Dynamics Corporation
      7. Northrop Grumman Corporation
      8. Raytheon Company
      9. SAAB SA,
      10. Dynetics Inc.
  7. Analyst Views
  8. Future Outlook of the Market