Hypersonic Missiles Market

By Type;

Hypersonic Boost Glide Missile, Hypersonic Cruise Missile and Hypersonic Ballistic Missile

By Range;

Short Range, Medium Range and Long Range

By End-User;

Army, Navy and Air Force

By Launch Platform;

Ground Launch, Air Launch and Sea Launch

By Geography;

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

Hypersonic Missiles Market Overview

Hypersonic Missiles Market (USD Million)

Hypersonic Missiles Market was valued at USD 121.37 million in the year 2024. 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%.


Hypersonic Missiles Market

*Market size in USD million

CAGR 5.8 %


Study Period2025 - 2031
Base Year2024
CAGR (%)5.8 %
Market Size (2024)USD 121.37 Million
Market Size (2031)USD 180.09 Million
Market ConcentrationMedium
Report Pages350
121.37
2024
180.09
2031

Major Players

  • Aerojet Rocketdyne Holdings Inc
  • The Boeing Company
  • Brahmos Aerospace Pvt. Ltd.
  • Lockheed Martin Corporation
  • Thales Group
  • General Dynamics Corporation
  • Northrop Grumman Corporation
  • Raytheon Company
  • SAAB SA,
  • Dynetics Inc.

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Hypersonic Missiles Market

Fragmented - Highly competitive market without dominant players


The Hypersonic Missiles Market is gaining strong momentum, driven by increasing global defense spending and rising demand for advanced weapon systems capable of traveling at speeds above Mach 5. These missiles provide unmatched speed, maneuverability, and strike precision, making them critical in modern warfare strategies. Currently, nearly 55% of development programs in this segment are funded by leading defense nations, highlighting its strategic importance.

Rising Geopolitical Tensions
Growing security concerns and cross-border conflicts are pushing nations to invest heavily in hypersonic technologies. With their ability to evade traditional defense systems, these missiles are becoming a key priority for defense modernization. Around 48% of recent missile R&D projects are focused on hypersonic capabilities, underlining the urgency to strengthen military dominance.

Technological Advancements in Propulsion
Innovation in scramjet and boost-glide propulsion systems is accelerating the development of hypersonic platforms. Enhanced materials and thermal management solutions are ensuring better durability at extreme speeds. Approximately 36% of new missile designs integrate advanced propulsion technologies, supporting greater range and effectiveness in combat operations.

Future Growth Potential
With rising defense budgets, continuous R&D, and strategic collaborations between governments and aerospace firms, the hypersonic missiles market is poised for rapid expansion. The next decade is expected to see significant deployment of these advanced systems, reshaping global military power balances and creating long-term market opportunities.

  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 Range
    3. Market Snapshot, By End-User
    4. Market Snapshot, By Launch Platform
    5. Market Snapshot, By Region
  4. 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. Hypersonic Missiles Market, By Type, 2021 - 2031 (USD Million)
      1. Hypersonic Boost Glide Missile
      2. Hypersonic Cruise Missile
      3. Hypersonic Ballistic Missile
    2. Hypersonic Missiles Market, By Range, 2021 - 2031 (USD Million)
      1. Short Range
      2. Medium Range
      3. Long Range
    3. Hypersonic Missiles Market, By End-User, 2021 - 2031 (USD Million)
      1. Army
      2. Navy
      3. Air Force
    4. Hypersonic Missiles Market, By Launch Platform, 2021 - 2031 (USD Million)
      1. Ground Launch
      2. Air Launch
      3. Sea Launch
    5. 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