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PUBLISHER: IMARC | PRODUCT CODE: 1541487
PUBLISHER: IMARC | PRODUCT CODE: 1541487
Cruise Missile Market Report by Launch Platform, Speed, Range, Application, and Region 2024-2032
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PAGES: 136 Pages
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The global cruise missile market size reached US$ 1.9 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 3.3 Billion by 2032, exhibiting a growth rate (CAGR) of 6.3% during 2024-2032.
Cruise missile refers to an unmanned, self-propelled and guided missile used for delivering targeted warheads with enhanced precision. It can self-navigate, fly on a non-ballistic and low-altitude trajectory and travel at supersonic and hypersonic speeds. Cruise missiles consist of a guidance, payload and aircraft propulsion system that is enclosed in an airframe and can be launched using land, sea and air-based platforms. They use various technologies, such as terrain mapping, global positioning systems (GPS), inertial guidance, motion sensors and gyroscopes to maintain a pre-programmed flight path. The missiles are also programmed for surface-to-surface, surface-to-air, air-to-air, air-to-surface and subsea to surface launch modes. They use solid, liquid, hybrid, ramjet, turbojet and scramjet propulsion systems.
Cruise Missile Market Trends:
The rising incidence of cross-border agitations and terrorist activities across the globe is one of the key factors driving the growth of the market. Cruise missiles are crucial for enforcing defense strategies and countering terrorist threats and political and territorial issues. Moreover, the integration of artificial intelligence (AI) technology in defense systems for enhanced situational awareness and target precision is providing a thrust to the market growth. Various technological advancements, such as the development of innovative hypersonic cruise missiles that can travel faster than the speed of sound, are acting as other growth-inducing factors. These missiles are highly powerful and can be used for delivering long-range strategic nuclear strikes. Novel variants are also resistant to electronic countermeasures and are equipped with angular thrusters to reposition the missile horizontally and maneuver against airstrikes. Other factors, including the rapid modernization of existing defense systems, along with the widespread adoption of 3D printed missile components and structures, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cruise missile market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on launch platform, speed, range and application.
Breakup by Launch Platform:
Air
Surface Combatants
Land
Submarine
Breakup by Speed:
Subsonic
Supersonic
Hypersonic
Breakup by Range:
Short-range Missiles
Medium-range Missiles
Long-range Missiles
Breakup by Application:
Attack
Defensive
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Aerojet Rocketdyne Inc., Avibras Industria Aeroespacial SA, China Aerospace Science and Industry Corporation Limited, Defence Research and Development Organisation, Kongsberg Gruppen, Lockheed Martin Corporation, MBDA, Raytheon Technologies Corporation, Roketsan Roket Sanayii ve Ticaret AS and The Boeing Company.
Key Questions Answered in This Report
- 1. How big is the global cruise missile market?
- 2. What is the expected growth rate of the global cruise missile market during 2024-2032?
- 3. What are the key factors driving the global cruise missile market?
- 4. What has been the impact of COVID-19 on the global cruise missile market?
- 5. What is the breakup of the global cruise missile market based on the launch platform?
- 6. What is the breakup of the global cruise missile market based on the speed?
- 7. What are the key regions in the global cruise missile market?
- 8. Who are the key players/companies in the global cruise missile market?
Product Code: SR112024A4304
Table of Contents
1 Preface
2 Scope and Methodology
- 2.1 Objectives of the Study
- 2.2 Stakeholders
- 2.3 Data Sources
- 2.3.1 Primary Sources
- 2.3.2 Secondary Sources
- 2.4 Market Estimation
- 2.4.1 Bottom-Up Approach
- 2.4.2 Top-Down Approach
- 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
- 4.1 Overview
- 4.2 Key Industry Trends
5 Global Cruise Missile Market
- 5.1 Market Overview
- 5.2 Market Performance
- 5.3 Impact of COVID-19
- 5.4 Market Forecast
6 Market Breakup by Launch Platform
- 6.1 Air
- 6.1.1 Market Trends
- 6.1.2 Market Forecast
- 6.2 Surface Combatants
- 6.2.1 Market Trends
- 6.2.2 Market Forecast
- 6.3 Land
- 6.3.1 Market Trends
- 6.3.2 Market Forecast
- 6.4 Submarine
- 6.4.1 Market Trends
- 6.4.2 Market Forecast
7 Market Breakup by Speed
- 7.1 Subsonic
- 7.1.1 Market Trends
- 7.1.2 Market Forecast
- 7.2 Supersonic
- 7.2.1 Market Trends
- 7.2.2 Market Forecast
- 7.3 Hypersonic
- 7.3.1 Market Trends
- 7.3.2 Market Forecast
8 Market Breakup by Range
- 8.1 Short-range Missiles
- 8.1.1 Market Trends
- 8.1.2 Market Forecast
- 8.2 Medium-range Missiles
- 8.2.1 Market Trends
- 8.2.2 Market Forecast
- 8.3 Long-range Missiles
- 8.3.1 Market Trends
- 8.3.2 Market Forecast
9 Market Breakup by Application
- 9.1 Attack
- 9.1.1 Market Trends
- 9.1.2 Market Forecast
- 9.2 Defensive
- 9.2.1 Market Trends
- 9.2.2 Market Forecast
10 Market Breakup by Region
- 10.1 North America
- 10.1.1 United States
- 10.1.1.1 Market Trends
- 10.1.1.2 Market Forecast
- 10.1.2 Canada
- 10.1.2.1 Market Trends
- 10.1.2.2 Market Forecast
- 10.1.1 United States
- 10.2 Asia-Pacific
- 10.2.1 China
- 10.2.1.1 Market Trends
- 10.2.1.2 Market Forecast
- 10.2.2 Japan
- 10.2.2.1 Market Trends
- 10.2.2.2 Market Forecast
- 10.2.3 India
- 10.2.3.1 Market Trends
- 10.2.3.2 Market Forecast
- 10.2.4 South Korea
- 10.2.4.1 Market Trends
- 10.2.4.2 Market Forecast
- 10.2.5 Australia
- 10.2.5.1 Market Trends
- 10.2.5.2 Market Forecast
- 10.2.6 Indonesia
- 10.2.6.1 Market Trends
- 10.2.6.2 Market Forecast
- 10.2.7 Others
- 10.2.7.1 Market Trends
- 10.2.7.2 Market Forecast
- 10.2.1 China
- 10.3 Europe
- 10.3.1 Germany
- 10.3.1.1 Market Trends
- 10.3.1.2 Market Forecast
- 10.3.2 France
- 10.3.2.1 Market Trends
- 10.3.2.2 Market Forecast
- 10.3.3 United Kingdom
- 10.3.3.1 Market Trends
- 10.3.3.2 Market Forecast
- 10.3.4 Italy
- 10.3.4.1 Market Trends
- 10.3.4.2 Market Forecast
- 10.3.5 Spain
- 10.3.5.1 Market Trends
- 10.3.5.2 Market Forecast
- 10.3.6 Russia
- 10.3.6.1 Market Trends
- 10.3.6.2 Market Forecast
- 10.3.7 Others
- 10.3.7.1 Market Trends
- 10.3.7.2 Market Forecast
- 10.3.1 Germany
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.1.1 Market Trends
- 10.4.1.2 Market Forecast
- 10.4.2 Mexico
- 10.4.2.1 Market Trends
- 10.4.2.2 Market Forecast
- 10.4.3 Others
- 10.4.3.1 Market Trends
- 10.4.3.2 Market Forecast
- 10.4.1 Brazil
- 10.5 Middle East and Africa
- 10.5.1 Market Trends
- 10.5.2 Market Breakup by Country
- 10.5.3 Market Forecast
11 SWOT Analysis
- 11.1 Overview
- 11.2 Strengths
- 11.3 Weaknesses
- 11.4 Opportunities
- 11.5 Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
- 13.1 Overview
- 13.2 Bargaining Power of Buyers
- 13.3 Bargaining Power of Suppliers
- 13.4 Degree of Competition
- 13.5 Threat of New Entrants
- 13.6 Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
- 15.1 Market Structure
- 15.2 Key Players
- 15.3 Profiles of Key Players
- 15.3.1 Aerojet Rocketdyne Inc.
- 15.3.1.1 Company Overview
- 15.3.1.2 Product Portfolio
- 15.3.1.3 Financials
- 15.3.1.4 SWOT Analysis
- 15.3.2 Avibras Industria Aeroespacial SA
- 15.3.2.1 Company Overview
- 15.3.2.2 Product Portfolio
- 15.3.3 China Aerospace Science and Industry Corporation Limited
- 15.3.3.1 Company Overview
- 15.3.3.2 Product Portfolio
- 15.3.4 Defence Research and Development Organisation
- 15.3.4.1 Company Overview
- 15.3.4.2 Product Portfolio
- 15.3.5 Kongsberg Gruppen
- 15.3.5.1 Company Overview
- 15.3.5.2 Product Portfolio
- 15.3.5.3 Financials
- 15.3.6 Lockheed Martin Corporation
- 15.3.6.1 Company Overview
- 15.3.6.2 Product Portfolio
- 15.3.6.3 Financials
- 15.3.6.4 SWOT Analysis
- 15.3.7 MBDA
- 15.3.7.1 Company Overview
- 15.3.7.2 Product Portfolio
- 15.3.8 Raytheon Technologies Corporation
- 15.3.8.1 Company Overview
- 15.3.8.2 Product Portfolio
- 15.3.8.3 Financials
- 15.3.8.4 SWOT Analysis
- 15.3.9 Roketsan Roket Sanayii ve Ticaret AS
- 15.3.9.1 Company Overview
- 15.3.9.2 Product Portfolio
- 15.3.10 The Boeing Company
- 15.3.10.1 Company Overview
- 15.3.10.2 Product Portfolio
- 15.3.10.3 Financials
- 15.3.10.4 SWOT Analysis
- 15.3.1 Aerojet Rocketdyne Inc.
Product Code: SR112024A4304
List of Figures
- Figure 1: Global: Cruise Missile Market: Major Drivers and Challenges
- Figure 2: Global: Cruise Missile Market: Sales Value (in Billion US$), 2018-2023
- Figure 3: Global: Cruise Missile Market Forecast: Sales Value (in Billion US$), 2024-2032
- Figure 4: Global: Cruise Missile Market: Breakup by Launch Platform (in %), 2023
- Figure 5: Global: Cruise Missile Market: Breakup by Speed (in %), 2023
- Figure 6: Global: Cruise Missile Market: Breakup by Range (in %), 2023
- Figure 7: Global: Cruise Missile Market: Breakup by Application (in %), 2023
- Figure 8: Global: Cruise Missile Market: Breakup by Region (in %), 2023
- Figure 9: Global: Cruise Missile (Air) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 10: Global: Cruise Missile (Air) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 11: Global: Cruise Missile (Surface Combatants) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 12: Global: Cruise Missile (Surface Combatants) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 13: Global: Cruise Missile (Land) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 14: Global: Cruise Missile (Land) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 15: Global: Cruise Missile (Submarine) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 16: Global: Cruise Missile (Submarine) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 17: Global: Cruise Missile (Subsonic) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 18: Global: Cruise Missile (Subsonic) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 19: Global: Cruise Missile (Supersonic) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 20: Global: Cruise Missile (Supersonic) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 21: Global: Cruise Missile (Hypersonic) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 22: Global: Cruise Missile (Hypersonic) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 23: Global: Cruise Missile (Short-range Missiles) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 24: Global: Cruise Missile (Short-range Missiles) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 25: Global: Cruise Missile (Medium-range Missiles) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 26: Global: Cruise Missile (Medium-range Missiles) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 27: Global: Cruise Missile (Long-range Missiles) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 28: Global: Cruise Missile (Long-range Missiles) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 29: Global: Cruise Missile (Attack) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 30: Global: Cruise Missile (Attack) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 31: Global: Cruise Missile (Defensive) Market: Sales Value (in Million US$), 2018 & 2023
- Figure 32: Global: Cruise Missile (Defensive) Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 33: North America: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 34: North America: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 35: United States: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 36: United States: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 37: Canada: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 38: Canada: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 39: Asia-Pacific: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 40: Asia-Pacific: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 41: China: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 42: China: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 43: Japan: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 44: Japan: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 45: India: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 46: India: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 47: South Korea: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 48: South Korea: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 49: Australia: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 50: Australia: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 51: Indonesia: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 52: Indonesia: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 53: Others: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 54: Others: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 55: Europe: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 56: Europe: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 57: Germany: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 58: Germany: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 59: France: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 60: France: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 61: United Kingdom: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 62: United Kingdom: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 63: Italy: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 64: Italy: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 65: Spain: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 66: Spain: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 67: Russia: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 68: Russia: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 69: Others: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 70: Others: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 71: Latin America: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 72: Latin America: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 73: Brazil: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 74: Brazil: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 75: Mexico: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 76: Mexico: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 77: Others: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 78: Others: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 79: Middle East and Africa: Cruise Missile Market: Sales Value (in Million US$), 2018 & 2023
- Figure 80: Middle East and Africa: Cruise Missile Market: Breakup by Country (in %), 2023
- Figure 81: Middle East and Africa: Cruise Missile Market Forecast: Sales Value (in Million US$), 2024-2032
- Figure 82: Global: Cruise Missile Industry: SWOT Analysis
- Figure 83: Global: Cruise Missile Industry: Value Chain Analysis
- Figure 84: Global: Cruise Missile Industry: Porter's Five Forces Analysis
List of Tables
- Table 1: Global: Cruise Missile Market: Key Industry Highlights, 2023 and 2032
- Table 2: Global: Cruise Missile Market Forecast: Breakup by Launch Platform (in Million US$), 2024-2032
- Table 3: Global: Cruise Missile Market Forecast: Breakup by Speed (in Million US$), 2024-2032
- Table 4: Global: Cruise Missile Market Forecast: Breakup by Range (in Million US$), 2024-2032
- Table 5: Global: Cruise Missile Market Forecast: Breakup by Application (in Million US$), 2024-2032
- Table 6: Global: Cruise Missile Market Forecast: Breakup by Region (in Million US$), 2024-2032
- Table 7: Global: Cruise Missile Market: Competitive Structure
- Table 8: Global: Cruise Missile Market: Key Players
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