Supersonic and Hypersonic Missiles Market Report 2024 (Global Edition)

Global Supersonic and Hypersonic Missiles Market Report 2024 Market Size Split by Type (Supersonic Missiles, Hypersonic Missiles), by Platform (Ground-Launched Missiles, Air-Launched Missiles, Sea-Lau...

Supersonic and Hypersonic Missiles Market Report Description

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Supersonic and Hypersonic Missiles Market Insights Video

Competitive Landscape of the Supersonic and hypersonic missiles Market

The competitive landscape of the Supersonic and hypersonic missiles market is characterized by a diverse range of players competing to gain market share through product innovation, strategic partnerships, and aggressive marketing efforts. Key players in the market include established electronics manufacturers, specialized supersonic and hypersonic missiles companies, and emerging start-ups aiming to disrupt the market with innovative solutions.

In November 2023, Elbit Systems Ltd. has been granted a contract by Airbus Defence and Space to supply Infrared (IR) Missile Warning Systems and Direct Infrared Counter Measures (DIRCM) for installation aboard Canada's MRTT A330 refueling aircraft.

(Source:https://elbitsystems.com/pr-new/elbit-systems-awarded-a-contract-to-supply-dircm-self-protection-suites-to-airbus-defense-and-space-for-the-installation-on-mrtt-a330-aircraft-for-canada//)

Top Companies Market Share in Supersonic and Hypersonic Missiles Industry: (In no particular order of Rank)

• Aerojet Rocketdyne Holdings Inc.
• AeroVironment
• Inc.
• Brahmos Aerospace Limited
• China Aerospace Science & Industry Corporation Limited (CASIC)
• DRDO
• Elbit Systems
• Kongsberg Gruppen AS
• Kratos Defence& Security Solutions Inc.
• L3Harris Technologies
• Inc.
• Leidos
• Lockheed Martin Corporation
• MBDA Holdings SAS
• Northrop Grumman Corporation
• Raytheon Technologies Corporation
• Saab AB
• Tactical Missiles Corporation JSC (KTRV)
• The Boeing Company
• Confidential Data
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*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Supersonic and Hypersonic Missiles Market

Which Region Dominates the Supersonic and hypersonic missiles Market in 2024?

According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. North America's supersonic and hypersonic missiles market is growing because of significant investments in navy modernization and defense technology. The U.S. Leads this growth with giant funding for research and improvement of superior missile systems, pushed by means of strategic opposition and safety concerns. Collaborations between defense contractors, studies establishments, and authority organizations are accelerating technological progress, enhancing the vicinity's functionality to develop and set up high-velocity missiles.

Which Region is Expanding at the Fastest CAGR?

Europe stands out as the fastest-growing region in the Supersonic and hypersonic missiles market due to several compelling reasons. Europe's supersonic and hypersonic missile marketplace is expanding as countries invest money in advanced defense generation to enhance countrywide safety and align with NATO necessities. Governments in Europe are investing in studies and improvements in collaboration with defense contractors to create supersonic and hypersonic structures. This boom is driven by growing geopolitical tensions, prompting Europe to enhance its strategic and protection talents with high-velocity missile technology.

The current report Scope analyzes Supersonic and Hypersonic Missiles Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Supersonic and Hypersonic Missiles Market

According to Cognitive Market Research, the global Supersonic and hypersonic missiles market size was estimated at USD XX Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Supersonic and hypersonic missiles market with a market size of USD XX million in 2024 and is projected to grow at a CAGR of 9.0% during the forecast period. The demand is amplified by the continued emphasis on upgrading military technology, including advanced missile systems.
• The Canada Supersonic and hypersonic missiles market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 10.0% during the forecast period. Canada's hypersonic capabilities.
• The Mexico Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 9.7% during the forecast period with a market size of USD XX million in 2024.

Europe Supersonic and Hypersonic Missiles

According to Cognitive Market Research, the global Supersonic and hypersonic missiles market size was estimated at USD XX Million out of which Europe held the market of more than 30% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.5% from 2024 to 2031.

• The United Kingdom Supersonic and hypersonic missiles market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 10.3% during the forecast period. In the UK, Supersonic and hypersonic missiles sales witness an upswing due to the strong defense sector with extensive R&D resources and infrastructure.
• The France Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 8.7% during the forecast period with a market size of USD XX million in 2024.
• According to Cognitive Market Research, the Germany Supersonic and hypersonic missiles market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 9.7% during the forecast period. In Germany, Supersonic and hypersonic missiles sales surge due to the collaboration with allies and international defense agreements fueling missile development.
• The Italy Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 8.9% during the forecast period with a market size of USD XX million in 2024.
• The Russia Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 8.5% during the forecast period with a market size of USD XX million in 2024.
• The Spain Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 8.6% during the forecast period with a market size of USD XX million in 2024.
• The Luxembourg Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 9.6% during the forecast period with a market size of USD XX million in 2024.
• The Portugal Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 9.3% during the forecast period with a market size of USD XX million in 2024.
• The Greece Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 9.8% during the forecast period with a market size of USD XX million in 2024.
• Rest of Europe Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 8.2% during the forecast period with a market size of USD XX million in 2024. 

Asia Pacific Supersonic and Hypersonic Missiles

According to Cognitive Market Research, the global Supersonic and hypersonic missiles market size was estimated at USD XX Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 13.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Supersonic and hypersonic missiles market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 12.5% during the forecast period. Supersonic and hypersonic missiles sales surge in China due to the ongoing efforts to build a powerful, modern military force.
• The Japan Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 11.5% during the forecast period with a market size of USD XX million in 2024. The India Supersonic and hypersonic missiles market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 14.8% during the forecast period.
• The demand is augmented by India's growing assertiveness in asia-pacific and focus on safeguarding territorial claims. The South Korea Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 12.1% during the forecast period with a market size of USD XX million in 2024.
• The Australia Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 12.7% during the forecast period with a market size of USD XX million in 2024.
• The South East Asia Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 14.0% during the forecast period with a market size of USD XX million in 2024.
• The Rest of Asia Pacific Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 12.8% during the forecast period with a market size of USD XX million in 2024. .

South America Supersonic and Hypersonic Missiles Market

According to Cognitive Market Research, the global Supersonic and hypersonic missiles market size was estimated at USD XX Million out of which Latin America market of more than 5% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Supersonic and hypersonic missiles market size was valued at USD XX million in 2024 and is projected to grow at a CAGR of 11.0% during the forecast period. Supersonic and hypersonic missiles sales flourish in Brazil due to the significant investments in R&D for advanced missile technology.
• The Argentina Supersonic and hypersonic missiles market had a market share of USD XX million in 2024 and is projected to grow at a CAGR of 11.3% during the forecast period. The demand is augmented by Argentina's compliance with NATO defense requirements and strategic objectives.
• The Colombia Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 10.2% during the forecast period with a market size of USD XX million in 2024.
• The Peru Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 10.6% during the forecast period with a market size of USD XX million in 2024.
• The Chile Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 10.7% during the forecast period with a market size of USD XX million in 2024.
• The Rest of Latin America Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 9.5% during the forecast period with a market size of USD XX million in 2024. .

Middle East and Africa Supersonic and Hypersonic Missiles Market

According to Cognitive Market Research, the global Supersonic and hypersonic missiles market size was estimated at USD XX Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD XX million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.7% from 2024 to 2031.

• The GCC Countries Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 11.5% during the forecast period with a market size of USD XX million in 2024. Supersonic and hypersonic missiles sales flourish due to the collaboration with other defense contractors to develop advanced missile technology.
• The Egypt Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 11.0% during the forecast period with a market size of USD XX million in 2024.
• The South Africa Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 10.7% during the forecast period with a market size of USD XX million in 2024. Supersonic and hypersonic missiles sales flourish in the South Africa due to the increasing security awareness due to regional and global tensions.
• The Turkey Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 10.2% during the forecast period with a market size of USD XX million in 2024.
• The Nigeria Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 9.8% during the forecast period with a market size of USD XX million in 2024.
• The Rest of MEA Supersonic and hypersonic missiles market is projected to witness growth at a CAGR of 9.7% during the forecast period with a market size of USD XX million in 2024. .

Supersonic and Hypersonic Missiles Market Analysis

Supersonic and hypersonic missiles Market Type Segment Analysis

According to Cognitive Market Research, Supersonic Missiles stands out as the dominating category. The supersonic missiles segment is contributing to the increase of the supersonic and hypersonic missiles marketplace as international locations are looking for faster, more agile weaponry. Supersonic missiles, visiting faster than the speed of sound, offer improved speed and accuracy for quite a number of army programs. Their strategic gain in rapid reaction and powerful focus is driving demand, with countries investing in those missiles to strengthen their defense talents.

Hypersonic Missiles emerges as the fastest-growing category in the supersonic and hypersonic missiles market.Hypersonic missiles are a sizable growth driver within the supersonic and hypersonic missiles marketplace, attracting elevated interest because of their severe pace and maneuverability. These missiles, which journey at speeds exceeding Mach five, offer unheard-of strategic blessings in terms of speedy deployment and evasion of protection structures. As international locations prioritize superior army technology, the call for hypersonic missiles is growing, fueling funding for research, improvement, and deployment of these excessive-pace weapons.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Supersonic and Hypersonic Missiles Industry. Request a Free Sample PDF!

Supersonic and hypersonic missiles Market Platform Segment Analysis

According to Cognitive Market Research, the dominating category is Ground-Launched Missiles. Ground-launched missiles are a key segment driving growth inside the supersonic and hypersonic missiles market. These missiles are valued for their versatility and speedy deployment from floor-based structures, presenting strategic advantages for navy operations. The capability to release supersonic and hypersonic missiles from the ground enhances defense flexibility and deterrence, prompting international locations to spend money on those systems to reinforce their military strength and adaptableness in diverse war scenarios.

The fastest-growing category in the supersonic and hypersonic missiles market is Air-Launched Missiles. Air-launched missiles are a growing section within the supersonic and hypersonic missiles marketplace, pushed by means of the strategic flexibility they offer. These missiles are deployed from the plane, taking into consideration rapid response and extensive operational reach. With supersonic and hypersonic speeds, air-released missiles can interact with targets fast and prevent ground-primarily based defenses. This versatility is boosting demand for air-released structures, as nations are looking for superior offensive and protective skills to keep navy superiority.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Supersonic and Hypersonic Missiles Attack Type Segment Analysis

According to Cognitive Market Research, the dominating category is Land Attack Missiles. Land attack missiles are contributing to the increase of the supersonic and hypersonic missiles market, with nations seeking superior weaponry for precision strikes. These missiles are designed to target ground-primarily based installations and infrastructure with excessive accuracy and velocity. As military techniques evolve, the call for supersonic and hypersonic land attack missiles will increase, bearing in mind speedy response and effective engagement in contemporary fight situations. This trend drives further investment and innovation in this market section.

The fastest-growing category in the supersonic and hypersonic missiles market is Anti-Ship Missiles. Anti-ship missiles are a developing section inside the supersonic and hypersonic missiles marketplace, pushing through the need for advanced naval defense and offensive capabilities. These missiles, designed to target and break enemy ships, leverage supersonic and hypersonic speeds for rapid effect and evasion of deliver-based defenses. As maritime security profits significance, demand for those excessive-velocity anti-deliver missiles is rising, leading to multiplied funding in studies, development, and deployment in this region.

• Land Attack Missiles
• Anti-Ship Missiles
• Air-to-Air Missiles
• Anti-Satellite Missiles

Supersonic and Hypersonic Missiles Component Segment Analysis

According to Cognitive Market Research, the dominating category is Missile Structures. Missile structures are essential to the increase in the supersonic and hypersonic missiles marketplace. The development of those advanced missiles calls for revolutionary structural designs that are able to withstand intense speeds and high temperatures. Enhanced materials, lightweight creation, and aerodynamically green shapes are key components. As demand for supersonic and hypersonic missiles increases, the marketplace for advanced missile systems is also increasing, in addition to innovation in substance science and engineering.

The fastest-growing category in the supersonic and hypersonic missiles market is Thermal Protection Systems. Thermal safety structures are an enormous boom driving force inside the supersonic and hypersonic missiles marketplace due to the intense heat generated at high speeds. These structures use superior substances and coatings to shield missile additives from severe temperatures, making sure structural integrity and overall performance. As the development of supersonic and hypersonic missiles hastens, the call for progressive thermal safety solutions grows, fostering new research and product offerings in this vital marketplace section.

• Missile Structures
• Thermal Protection Systems
• Sensor Windows
• Launching Requirements
• Propulsion System

Supersonic and Hypersonic Missiles Guidance System Segment Analysis

According to Cognitive Market Research, the dominating category is Inertial Guidance Systems. Inertial steerage systems are a key contributor to the increase of the supersonic and hypersonic missiles market, providing unique navigation and manipulation at excessive speeds. These structures use accelerometers and gyroscopes to track a missile's position and orientation without external references, ensuring accuracy in the course of flight. As supersonic and hypersonic missiles require specific guidance for effective focus, the call for superior inertial guidance systems is increasing, riding similar innovation and development in this area.

The fastest-growing category in the supersonic and hypersonic missiles market is GPS/GNSS Guided Systems. GPS/GNSS-guided structures are riding growth in the supersonic and hypersonic missiles marketplace by way of presenting correct navigation and focused on. These systems use satellite TV for PC-based total positioning records to manual missiles, allowing unique strikes even at high speeds. As the demand for supersonic and hypersonic missiles increases, the need for dependable GPS/GNSS steerage grows, helping greater powerful deployment in both offensive and protecting scenarios. This generation's role in ensuring missile accuracy is fundamental to its expanding presence inside the market.

• Inertial Guidance Systems
• GPS/GNSS Guided Systems
• Radar Homing
• Imaging Infrared (IIR) Guidance
• Laser Guidance Systems
• Other

Author's Detail

Anjali Lawand

Research Associate at Cognitive Market Research

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Anjali Lawand is an accomplished market researcher with a distinct focus on the intricate sector of the Aerospace and Defense. Driven by an unshakable analytical prowess and an insatiable appetite for technological progress, she has committed more than ten years to immersing herself in the ever-evolving panorama that molds the trajectory of aviation, space exploration, and the critical sphere of national security.

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