Hypersonic Missiles Market Industry Outlook Presents Revenue And CAGR Projections To 2030

How Has The Size And Value Of The Hypersonic Missiles Market Changed During The 2025–2029 Period?
The hypersonic missiles market size has grown strongly in recent years. It will grow from $145.38 billion in 2025 to $159.02 billion in 2026 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to advancements in scramjet and air-breathing propulsion enabling hypersonic flight, rising geopolitical competition driving early hypersonic weapons development, increased defense investment in rapid-strike and penetration capabilities, technological progress in thermal protection systems required for high-velocity missiles, development and testing of aero-ballistic missile prototypes by major defense powers.

The hypersonic missiles market size is expected to see strong growth in the next few years. It will grow to $217.66 billion in 2030 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to expanding government funding for next-generation hypersonic weapons programs, advancements in guidance and maneuverability technologies to improve accuracy at hypersonic speeds, increasing integration of hypersonic systems into broader national defense strategies, development of counter-hypersonic detection and tracking systems boosting related procurement, rising demand for long-range, high-speed strike capabilities across advanced militaries. Major trends in the forecast period include advancements in scramjet and air-breathing propulsion, growing adoption of maneuverable hypersonic glide vehicles, increased investment in counter-hypersonic defense systems, integration of stealth technologies to reduce detection, rising military modernization and strategic deterrence programs.

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What Drivers Are Contributing To The Expansion Trajectory Of The Hypersonic Missiles Market?
The increasing security concerns are expected to propel the growth of the hypersonic missile market going forward. Security concerns refer to potential threats, risks, or issues that pose a danger or challenge to the safety, well-being, and stability of individuals, organizations, or nations. Hypersonic missiles play an important role in security concerns by rapidly reach targets, significantly reducing reaction time for defenses. Additionally, their ability to maneuver unpredictably makes them difficult to track and intercept. For instance, in February 2024, according to the Institute for Economics and Peace (IEP), an Australia-based institute, regionally, the impact of terrorism is significantly greater in sub-Saharan Africa, the Middle East and North Africa, and South Asia compared to other parts of the world. In 2023, these three regions accounted for 94 percent of terrorism-related deaths, with sub-Saharan Africa alone responsible for nearly 59 percent of all fatalities. The most devastating terrorist attack of the year occurred on October 7th when Hamas-led militants attacked Israel, resulting in the deaths of 1,200 people. In Burkina Faso, deaths due to terrorism increased by 68 percent in 2023. Therefore, increasing security concerns are driving the growth of the hypersonic missile market.

Which Primary Segments Are Included In The Detailed Analysis Of The Hypersonic Missiles Market?
The hypersonic missiles market covered in this report is segmented –

1) By Product: Hypersonic Glide Vehicle, Hypersonic Cruise Missile
2) By Application: Command Guidance, Terrain Comparison Guidance, Terrestrial Guidance, Inertial Guidance, Radio Frequency (RF) And GPS Reference
3) By End-Users: Military, Civil

Subsegments:
1) By Hypersonic Glide Vehicle (HGV): Boost-Glide Systems, Maneuverable Reentry Vehicles
2) By Hypersonic Cruise Missile: Air-Breathing Hypersonic Missiles, Turbojet And Scramjet Powered Missiles

What Major Trends Are Set To Shape The Hypersonic Missiles Market Outlook Through The Forecast Period?
Major companies operating in the hypersonic missile market are increasing their focus on getting military contracts to gain a competitive edge in the market. Military contracts refer to legally binding agreements between a government or military entity and a private defense contractor. These contracts outline the terms and conditions for the provision of goods or services related to military needs, such as the manufacturing and supply of weapons, equipment, and technology. For instance, in February 2023, Lockheed Martin Corporation, a US-based aerospace company, was awarded a $1.1 billion initial contract to provide the US with its first sea-based hypersonic strike capability. The contract involves integrating the Conventional Prompt Strike (CPS) weapon system onto the ZUMWALT-class guided missile destroyers. The CPS is a hypersonic boost-glide weapon system that allows for long-range missile flight at high speeds while being highly survivable against enemy defenses.

Which Major Corporations Play A Crucial Role In The Hypersonic Missiles Market Landscape?
Major companies operating 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

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Which Regions Demonstrate The Highest Growth Momentum In The Hypersonic Missiles Market?
North America was the largest region in the hypersonic missiles market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the hypersonic missiles market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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