Hypersonic Weapon Market Report: Trends, Forecast and Competitive Analysis to 2030

Hypersonic Weapon Trends and Forecast

The future of the global hypersonic weapon market looks promising with opportunities in the land, naval, and airborne markets. The global hypersonic weapon market is expected to reach an estimated $12.3 billion by 2030 with a CAGR of 9.5% from 2024 to 2030. The major drivers for this market are growing demand for enhanced air defense systems and rising global security threats.

A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.

Hypersonic Weapon by Segment

The study includes a forecast for the global hypersonic weapon by type, sub system, range, domain, and region.

Hypersonic Weapon Market by Type [Shipment Analysis by Value from 2018 to 2030]:

• Hypersonic Missiles
• Hypersonic Glide Vehicle

Hypersonic Weapon Market by Sub System [Shipment Analysis by Value from 2018 to 2030]:

• Guidance System
• Propulsion System
• Boost-Glide
• Warhead

Hypersonic Weapon Market by Range [Shipment Analysis by Value from 2018 to 2030]:

• Short-Range
• Medium-Range
• Long-Range

Hypersonic Weapon Market by Domain [Shipment Analysis by Value from 2018 to 2030]:

• Land
• Naval
• Airborne

Hypersonic Weapon Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of Hypersonic Weapon Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies hypersonic weapon companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the hypersonic weapon companies profiled in this report include-

• Lockheed Martin
• Raytheon Technologies
• Northrop Grumman
• L3Harris Technologies
• Leidos
• Thales
• General Dynamics
• Boeing
• Israel Aerospace
• BAE Systems

Hypersonic Weapon Market Insights

Lucintel forecasts that hypersonic missiles is expected to witness the higher growth over the forecast period due to their adaptability in a variety of operational contexts.

Within this market, airborne is expected to witness the highest growth due to rising use of hypersonic weapons to achieve extra distance from a fighter aircraft, UAV, and a bomber owing to their high speeds and advanced propulsion systems.

APAC is expected to witness highest growth over the forecast period.

Features of the Global Hypersonic Weapon Market

Market Size Estimates: Hypersonic weapon market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: Hypersonic weapon market size by various segments, such as by type, sub system, range, domain, and region in terms of value ($B).

Regional Analysis: Hypersonic weapon market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different types, sub systems, ranges, domains, and regions for the hypersonic weapon market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the hypersonic weapon market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q1. What is the hypersonic weapon market size?

Answer: The global hypersonic weapon market is expected to reach an estimated $12.3 billion by 2030.

Q2. What is the growth forecast for hypersonic weapon market?

Answer: The global hypersonic weapon market is expected to grow with a CAGR of 9.5% from 2024 to 2030.

Q3. What are the major drivers influencing the growth of the hypersonic weapon market?

Answer: The major drivers for this market are growing demand for enhanced air defense systems and rising global security threats.

Q4. What are the major segments for hypersonic weapon market?

Answer: The future of the hypersonic weapon market looks promising with opportunities in the land, naval, and airborne markets.

Q5. Who are the key hypersonic weapon market companies?

Answer: Some of the key hypersonic weapon companies are as follows:

• Lockheed Martin
• Raytheon Technologies
• Northrop Grumman
• L3Harris Technologies
• Leidos
• Thales
• General Dynamics
• Boeing
• Israel Aerospace
• BAE Systems

Q6. Which hypersonic weapon market segment will be the largest in future?

Answer: Lucintel forecasts that hypersonic missiles is expected to witness the higher growth over the forecast period due to their adaptability in a variety of operational contexts.

Q7. In hypersonic weapon market, which region is expected to be the largest in next 5 years?

Answer: APAC is expected to witness highest growth over the forecast period.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the hypersonic weapon market by type (hypersonic missiles and hypersonic glide vehicle), sub system (guidance system, propulsion system, boost-glide, and warhead), range (short-range, medium-range, and long-range), domain (land, naval, and airborne), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?