+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)
Sale

Ballistic Missile Market - Global Forecast 2025-2032

  • PDF Icon

    Report

  • 181 Pages
  • October 2025
  • Region: Global
  • 360iResearch™
  • ID: 5968151
UP TO OFF until Jan 01st 2026
1h Free Analyst Time
1h Free Analyst Time

Speak directly to the analyst to clarify any post sales queries you may have.

The ballistic missile market is evolving rapidly as emerging technologies, shifting defense needs, and renewed investment strategies reshape global priorities. Senior leaders face a dynamic environment requiring nimble adaptation and strategic foresight to ensure operational readiness.

Market Snapshot: Ballistic Missile Market Overview

The global ballistic missile market expanded from USD 5.38 billion in 2024 to USD 5.70 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.98%. This growth trajectory is set to push the market toward USD 8.57 billion by 2032. Worldwide, defense organizations are increasing investment in next-generation missile systems, prioritizing transformative technologies, and advancing rapid upgrade cycles. Key government stakeholders emphasize modernization and agile integration as they adapt to new security threats and weapon advancements, highlighting the importance of resilience and innovation in this critical sector.

Scope & Segmentation of the Ballistic Missile Market

This market report provides comprehensive insights and segmentation designed to support senior executives in making informed decisions on strategy, resource allocation, and partnership. Market structure details enable organizations to develop targeted approaches that account for operational, technical, and geographic factors fundamental to mission success.

  • Range: Intercontinental, intermediate, medium, and short-range systems reflect varied mission profiles and drive unique requirements for procurement and deployment across military organizations.
  • Propulsion Type: Hybrid, liquid, and solid propellants influence levels of operational readiness, maintenance, and lifecycle management, shaping platform selection and logistical support needs.
  • Deployment Mode: Mobile launchers, underground silos, and submarine-based platforms provide different degrees of mobility, stealth, and survivability, influencing force structure and interoperability planning.
  • Platform: Integration with air, land, sea, and underwater domains requires flexible support systems and enables tailored responses in multi-domain operations.
  • Warhead Type: Conventional and nuclear warhead systems demand specific protocols, infrastructure safeguards, and strategic command elements for a wide range of mission requirements.
  • Guidance System: Inertial navigation, satellite assistance, and terminal guidance technologies are increasingly combined for improved accuracy and digital transformation of operational processes.
  • End User: Air force, army, and navy entities each present distinct requirements for system integration, adaptability, and mission execution in complex operational environments.
  • Regional Focus: Analysis spans the Americas, Europe, Middle East, Africa, and Asia-Pacific markets, providing regional intelligence for local initiatives and market entry strategies.
  • Industry Participants: Leading companies including Lockheed Martin Corporation, Raytheon Technologies Corporation, Northrop Grumman Corporation, MBDA SAS, The Boeing Company, BAE Systems plc, China Aerospace Science and Technology Corporation, Concern PVO Almaz-Antey (JSC), Rosoboronexport, and Rafael Advanced Defense Systems Ltd. guide supply chains and innovation.

Key Takeaways: Strategic Insights in the Ballistic Missile Market

  • Hypersonic propulsion advancements and digital communication infrastructure are improving operational flexibility and enabling faster adaptation to mission requirements.
  • Artificial intelligence embedded in targeting platforms is enhancing strike precision and supporting timely, data-driven decision-making in increasingly complex scenarios.
  • Growing geopolitical uncertainties underscore the value of modular open-architecture solutions, streamlining long-term upgrades and future-proofing modernization efforts.
  • Reinforcement of supply chains and heightened cybersecurity are crucial to sustaining operational reliability and mitigating risk in both physical and digital domains.
  • Greater collaboration among industry participants, including digital twin adoption in R&D, is accelerating product development cycles and reducing time to field for new missile technologies.

Tariff Impact: Navigating United States Policy Shifts

Recent U.S. tariffs on defense components and precision electronics have introduced additional procurement complexity, raising costs and prolonging program timelines for ballistic missile projects. In response, contractors are boosting domestic manufacturing and forging new partnerships with allied supply sources. Ongoing updates to export controls and interoperability requirements continue to impact contract formation and cross-border collaborations in the global ballistic missile segment.

Methodology & Data Sources

This analysis is informed by structured interviews with senior leaders in defense procurement and technical roles, as well as extensive review of official reports, published industry disclosures, and technical journals. Rigorous data triangulation ensures that insights are balanced and reliably grounded.

Ballistic Missile Market: Why This Report Matters

  • Enables senior executives to identify emerging trends and proactively manage procurement, compliance, and supply chain risks.
  • Delivers in-depth segmentation and regional analysis to strengthen partnerships, contracting, and competitive positioning.
  • Facilitates organizational agility in adopting new technologies and delivering projects on schedule in a rapidly advancing defense environment.

Conclusion

This report equips decision-makers with actionable intelligence to navigate technological and regulatory change, supporting enduring resilience and sustained advantage in the ballistic missile market.

 

Additional Product Information:

  • Purchase of this report includes 1 year online access with quarterly updates.
  • This report can be updated on request. Please contact our Customer Experience team using the Ask a Question widget on our website.

Table of Contents

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Stakeholders
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
5.1. Adoption of hypersonic glide vehicle capabilities by leading defense contractors for global deterrence
5.2. Integration of AI-based guidance systems to enhance missile accuracy and autonomy
5.3. Expansion of solid-fuel ballistic missile inventories driven by rapid-launch readiness requirements
5.4. Integration of advanced composite propellant technologies to reduce weight and extend range performance
5.5. Emerging ballistic missile procurement patterns in Middle Eastern nations driven by regional tensions
5.6. Development of missile defense integration solutions to counter high-speed ballistic threats
5.7. Increasing investment in digital twin modeling for lifecycle management of missile systems
6. Cumulative Impact of United States Tariffs 2025
7. Cumulative Impact of Artificial Intelligence 2025
8. Ballistic Missile Market, by Range
8.1. Intercontinental Range
8.2. Intermediate Range
8.3. Medium Range
8.4. Short Range
9. Ballistic Missile Market, by Propulsion Type
9.1. Hybrid Propellant
9.2. Liquid Propellant
9.3. Solid Propellant
10. Ballistic Missile Market, by Deployment Mode
10.1. Mobile Launcher
10.1.1. Rail Mobile Launcher
10.1.2. Road Mobile Launcher
10.2. Silo Launcher
10.3. Submarine Launched
11. Ballistic Missile Market, by Platform
11.1. Air Based
11.2. Land Based
11.3. Sea Based
11.3.1. Ship Platform
11.3.2. Submarine Platform
12. Ballistic Missile Market, by Warhead Type
12.1. Conventional Warhead
12.2. Nuclear Warhead
13. Ballistic Missile Market, by Guidance System
13.1. Inertial Guidance
13.2. Satellite Based Guidance
13.3. Terminal Guidance
14. Ballistic Missile Market, by End User
14.1. Air Force
14.2. Army
14.3. Navy
15. Ballistic Missile Market, by Region
15.1. Americas
15.1.1. North America
15.1.2. Latin America
15.2. Europe, Middle East & Africa
15.2.1. Europe
15.2.2. Middle East
15.2.3. Africa
15.3. Asia-Pacific
16. Ballistic Missile Market, by Group
16.1. ASEAN
16.2. GCC
16.3. European Union
16.4. BRICS
16.5. G7
16.6. NATO
17. Ballistic Missile Market, by Country
17.1. United States
17.2. Canada
17.3. Mexico
17.4. Brazil
17.5. United Kingdom
17.6. Germany
17.7. France
17.8. Russia
17.9. Italy
17.10. Spain
17.11. China
17.12. India
17.13. Japan
17.14. Australia
17.15. South Korea
18. Competitive Landscape
18.1. Market Share Analysis, 2024
18.2. FPNV Positioning Matrix, 2024
18.3. Competitive Analysis
18.3.1. Lockheed Martin Corporation
18.3.2. Raytheon Technologies Corporation
18.3.3. Northrop Grumman Corporation
18.3.4. MBDA SAS
18.3.5. The Boeing Company
18.3.6. BAE Systems plc
18.3.7. China Aerospace Science and Technology Corporation
18.3.8. Concern PVO Almaz-Antey (JSC)
18.3.9. Rosoboronexport (State Company)
18.3.10. Rafael Advanced Defense Systems Ltd.

Samples

Loading
LOADING...

Companies Mentioned

The key companies profiled in this Ballistic Missile market report include:
  • Lockheed Martin Corporation
  • Raytheon Technologies Corporation
  • Northrop Grumman Corporation
  • MBDA SAS
  • The Boeing Company
  • BAE Systems plc
  • China Aerospace Science and Technology Corporation
  • Concern PVO Almaz-Antey (JSC)
  • Rosoboronexport (State Company)
  • Rafael Advanced Defense Systems Ltd.

Table Information