+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)

Global Rocket and Missile Market by Product (Missiles, Rockets & Torpedoes), Speed (Subsonic, Supersonic, Hypersonic), Propulsion Type (Solid, Liquid, Hybrid Propulsion, Ramjet, Turbojet and Scramjet), Launch Mode, Guidance Mechanism & Region - Forecast to 2028

  • PDF Icon

    Report

  • 210 Pages
  • September 2023
  • Region: Global
  • Markets and Markets
  • ID: 4296375
Description Jump to:

The global rocket and missile market size is projected to grow from USD 57.7 billion in 2023 to USD 77.4 billion by 2028, at a CAGR of 6.1% from 2023 to 2028. The Rocket and missile market is expected to witness growth due to consistent increase in defense budget across the globe and the need for advanced Rocket and Missile to counter the modern combat around the country’s border. Furthermore, increasing number of conflicts, and high defense spending are some of the major factors driving the market globally.

Governments of various countries, such as the US, China, India, and Russia, are spending heavily on modernizing their military resources. Thus, many weapon manufacturers are shifting their focus towards developing precision-guided munitions. However, issues related to the integration of missiles pose a challenge for Rocket and missile market growth.

Northrop Grumman Corporation (US), Lockheed Martin Corporation (US), BAE Systems plc (UK), and Thales Group (France) are some of the leading players operating in the rocket and missile market. These companies secure contracts from governments of different countries to carry out various Rockets and Missiles programs.

The missile segment is projected to grow at the highest CAGR during the forecast period

A missile plays an important role in rocket and Missile majorly for land, air, and marine platforms. The missile segment has been further sub-segmented further segmented into cruise missiles and ballistic missiles. The missile segment is projected to reach USD 60.43 billion by 2028.

The hypersonic segment is anticipated to grow at the highest CAGR during 2023-2028

Based on speed, the rocket and missile market has been segmented into subsonic, supersonic, and hypersonic. Hypersonic rockets and missiles are equipped with a propulsion system to enable them to attain a speed of Mach 5 or higher, which is five times faster than the speed of sound. Hypersonic precision-guided weapons are difficult to counter due to their high speed. Currently, these weapons are in a development phase and are expected to be operational in the near future.

The scramjet propulsion segment is projected to grow at the highest CAGR during the forecast period

Based on propulsion type, the rocket and missile market has been segmented into Solid, Liquid, Hybrid Propulsion, Ramjet, Turbojet and Scramjet. Solid propulsion uses solid propellants to boost missiles and rockets. A ramjet operates by combustion of fuel in a stream of air compressed by the forward speed of the aircraft itself, as opposed to a normal jet engine, in which the compressor section (the fan blades) compresses the air. The air flow through a ramjet engine is subsonic, or less than the speed of sound. Ramjet-propelled vehicles operate from about Mach 3 to Mach 6.

By launch mode, the surface-to-surface segment is estimated to account for the largest share of the rocket and missile market in 2023

Based on launch mode, the rocket and missile market has been segmented into surface to surface, surface to air, air to air, air to surface, and subsea to surface. Surface to surface rockets and missiles are fired from the ground or the sea. They can be launched from hand-held or vehicle-mounted devices or fixed installations. These missiles used in land warfare operations are designed to hit ground or sea targets. Hence, they are also known as ground-to-ground rockets and missiles.

The North American market is projected to contribute the largest share from 2023 to 2028

North America is projected to be the largest regional share of the rocket and missile market during the forecast period. Major companies such as Northrop Grumman Corporation, Lockheed Martin, Raytheon Technologies, and General Dynamics Corporation are based in the US. These players continuously invest in the R&D of new and advanced technology used in missile defense system.

Breakdown of primaries

The study contains insights from various industry experts, ranging from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

  • By Company Type: Tier 1 - 35%; Tier 2 - 45%; and Tier 3 - 20%
  • By Designation: C Level - 35%; Directors - 25%; and Others - 40%
  • By Region: North America - 45%; Asia Pacific - 25%; and Europe - 20%; Middle East - 10%

Northrop Grumman Corporation (US), Lockheed Martin Corporation (US), BAE Systems (UK), and Thales Group (France) are some of the leading players operating in the Rocket and missile market.

Research Coverage

The study covers the rocket and missile market across various segments and subsegments. It aims at estimating the size and growth potential of this market across different segments based on speed, product, propulsion type, guidance mechanism, launch platform and region. This study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to their product and business offerings, recent developments undertaken by them, and key market strategies adopted by them.

Key benefits of buying this report

This report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall rocket and missile market and its subsegments. The report covers the entire ecosystem of the rocket and missile industry. It will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report will also help stakeholders understand the pulse of the market and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers

  • Analysis of key drivers and several factors, such as defense programs, Russia-Ukraine Conflict, defense expenditure, and others that could contribute to an increase in rocket and missile market.
  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the rocket and missile market
  • Market Development: Comprehensive information about lucrative markets - the report analyses the rocket and missile market across varied regions
  • Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in rocket and missile market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Lockheed Martin Corporation (US), Raytheon Technologies Corporation (US), Northrop Grumman Corporation (US), BAE Systems plc (UK), Thales Group (France), among others in the Rocket and missile market.

Table of Contents

1 Introduction
1.1 Study Objectives
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
Figure 1 Rocket and Missile Market Segmentation
1.3.2 Regional Scope
1.3.3 Years Considered
1.4 Inclusions and Exclusions
Table 1 Inclusions and Exclusions in Rocket and Missile Market
1.5 Currency Considered
Table 2 USD Exchange Rates
1.6 Limitations
1.7 Stakeholders
1.8 Summary of Changes
1.8.1 Recession Impact Analysis (Ria)

2 Research Methodology
2.1 Research Data
Figure 2 Research Process Flow
Figure 3 Research Design
2.1.1 Secondary Data
2.1.1.1 Key Data from Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Industry Insights
2.1.2.2 Key Data from Primary Sources
2.1.2.3 Breakdown of Primary Interviews
Figure 4 Breakdown of Primary Interviews: by Company Type, Designation, and Region
2.1.3 Recession Impact Analysis
2.1.4 Russia-Ukraine War Impact Analysis
Figure 5 Impact of Russia-Ukraine War
2.2 Factor Analysis
2.2.1 Introduction
2.2.2 Demand-Side Indicators
2.2.2.1 Increase in Conflicts and Disputes Globally
2.2.2.2 Increase in Military Spending by Emerging Economies
Figure 6 Military Expenditure (%), 2022
2.2.3 Supply-Side Indicators
2.2.3.1 Financial Trend of Major Us Defense Contractors
2.3 Market Size Estimation and Methodology
2.4 Research Approach and Methodology
2.4.1 Bottom-Up Approach
2.4.1.1 Evaluation of Rocket and Missile Market
2.4.1.2 Rocket and Missile Market, by Propulsion Type
2.4.1.3 Rocket and Missile Market, by Speed
2.4.1.4 Rocket and Missile Market, by Product
2.4.1.5 Rocket and Missile Market, by Guidance Mechanism
2.4.1.6 Rocket and Missile Market, by Launch Mode
Figure 7 Market Size Estimation Methodology: Bottom-Up Approach
2.4.2 Top-Down Approach
Figure 8 Market Size Estimation Methodology: Top-Down Approach
2.5 Data Triangulation
Figure 9 Data Triangulation
2.5.1 Data Triangulation Through Primary and Secondary Research
2.6 Research Assumptions
Figure 10 Research Assumptions
2.7 Research Limitations
2.8 Risk Assessment

3 Executive Summary
Figure 11 Missiles Segment to Dominate Market During Forecast Period
Figure 12 Medium-Range Missiles Segment to Hold Dominant Market Position During Forecast Period
Figure 13 Short-Range Missiles to Hold Largest Market Share During Forecast Period
Figure 14 Surface-To-Surface Segment to Have Highest Market Share (2023-2028)
Figure 15 Solid Segment to Lead Market During Forecast Period

4 Premium Insights
4.1 Attractive Opportunities for Players in Rocket and Missile Market
Figure 16 Increasing Investments in Hypersonic Missiles to Drive Market
4.2 Rocket and Missile Market, by Product
Figure 17 Missiles Segment to Hold Largest Market Share in 2023
4.3 Rocket and Missile Market, by Speed
Figure 18 Supersonic Segment to Dominate Market During Forecast Period
4.4 Rocket and Missile Market, by Propulsion Type
Figure 19 Solid Propulsion Segment to Lead Market from 2023 to 2028
4.5 Rocket and Missile Market, by Guidance Mechanism
Figure 20 Guided Segment to Acquire Highest Market Share During Forecast Period
4.6 Rocket and Missile Market, by Region
Figure 21 North America to Account for Largest Market Share in 2023

5 Market Overview
5.1 Introduction
5.2 Market Dynamics
Figure 22 Rocket and Missile Market: Drivers, Restraints, Opportunities, and Challenges
5.2.1 Drivers
5.2.1.1 Rise in Defense Programs in Us for Security Against Various Threats
Table 3 Rocket and Missile Procurement in Us, 2018-2023
5.2.1.2 Russia-Ukraine Conflict
5.2.1.3 Increasing Global Defense Expenditure
Figure 23 Military Expenditure of Key Countries, 2016-2022 (USD Million)
5.2.1.4 Development of Indigenous Missile Defense Systems
5.2.1.5 Changing Nature of Warfare
5.2.2 Restraints
5.2.2.1 Stringent Regulations for Arms Transfer
5.2.2.2 High Operational Complexity and Need for Periodic Maintenance
5.2.2.3 High Development Cost of Missile Systems
5.2.3 Opportunities
5.2.3.1 Miniaturization of Missiles and Their Components
5.2.3.2 Rising Adoption of Ai in Military Operations
5.2.3.3 Development of New-Generation Air and Missile Defense Systems
5.2.3.4 Development of Hybrid Rockets and Missiles
5.2.4 Challenges
5.2.4.1 Issues Associated with Integration of Larger Rockets and Missiles
5.3 Value Chain Analysis
Figure 24 Value Chain Analysis
5.4 Trends/Disruptions Impacting Customer Business
5.4.1 Revenue Shift and New Revenue Pockets for Rocket and Missile Manufacturers
5.5 Ecosystem Mapping
5.5.1 Prominent Companies
5.5.2 Private and Small Enterprises
5.5.3 End-users
Figure 25 Rocket and Missile Market: Ecosystem Analysis
Table 4 Rocket and Missile Market: Role of Companies in Ecosystem
5.6 Average Selling Pricing Analysis
Table 5 Indicative Pricing Analysis of Rockets and Missiles
5.7 Tariff and Regulatory Landscape
Table 6 North America: Regulatory Bodies, Government Agencies, and Other Agencies
Table 7 Europe: Regulatory Bodies, Government Agencies, and Other Agencies
Table 8 Asia-Pacific: Regulatory Bodies, Government Agencies, and Other Agencies
Table 9 Middle East: Regulatory Bodies, Government Agencies, and Other Agencies
Table 10 Rest of the World: Regulatory Bodies, Government Agencies, and Other Agencies
5.8 Porter's Five Forces Analysis
Table 11 Rocket and Missile Market: Impact of Porter's Five Forces
Figure 26 Porter's Five Forces Analysis
5.8.1 Threat of New Entrants
5.8.2 Threat of Substitutes
5.8.3 Bargaining Power of Suppliers
5.8.4 Bargaining Power of Buyers
5.8.5 Intensity of Competitive Rivalry
5.9 Operational Data
Table 12 Derived Rocket Volume Size (Units) Worldwide, by Caliber, 2023-2028
5.10 Case Study Analysis
5.10.1 Precise Engagement Against Enemy Targets for Strategic Dominance
5.10.2 Supporting Ground Forces to Provide Fire Support to Friendly Troops
5.11 Key Conferences and Events
Table 13 Key Conferences and Events, 2023-2024
5.12 Key Stakeholders and Buying Criteria
5.12.1 Key Stakeholders in Buying Process
Figure 27 Influence of Stakeholders in Buying Process for Top 3 Products
Table 14 Influence of Stakeholders in Buying Process for Top 3 Products (%)
5.12.2 Buying Criteria
Figure 28 Key Buying Criteria for Top 3 Products
Table 15 Key Buying Criteria for Top 3 Products

6 Industry Trends
6.1 Introduction
6.2 Technology Trends
6.2.1 Next-Generation Interceptor (Ngi) Program
6.2.2 Hypersonic Defense Systems
6.2.3 Directed Energy Weapons and Active Defense Systems
6.2.4 Anti-Satellite Missiles and Weapons
6.2.5 Advanced Tactical Data Links
6.2.6 Precision-Strike Missiles
6.2.7 3D Printing in Rocket Manufacturing
6.3 Technology Analysis
6.3.1 Propulsion Technology Analysis
Table 16 Technology Analysis, by Propulsion Type
6.4 Impact of Megatrends
6.4.1 Russia-Ukraine Conflict
6.4.1.1 Heightened Demand for Rocket and Missile Systems
6.4.1.2 Increasing R&D Investments
6.4.1.3 Export Restrictions
6.4.2 Emerging Economies
6.4.3 Next-Generation Missile Seekers
6.5 Innovations and Patent Registrations
Table 17 Innovations and Patent Registrations, 2020-2022

7 Rocket and Missile Market, by Product
7.1 Introduction
Figure 29 Missiles Segment to Grow at Highest CAGR During Forecast Period
Table 18 Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 19 Rocket and Missile Market, by Product, 2023-2028 (USD Million)
7.2 Missiles
Table 20 Missiles Market, by Type, 2019-2022 (USD Million)
Table 21 Missiles Market, by Type, 2023-2028 (USD Million)
7.2.1 Cruise Missiles
Table 22 Cruise Missiles Market, by Type, 2019-2022 (USD Million)
Table 23 Cruise Missiles Market, by Type, 2023-2028 (USD Million)
7.2.1.1 Short-Range Missiles (<300 Km)
7.2.1.2 Medium-Range Missiles (300-1,000 Km)
7.2.1.3 Long-Range Missiles (>1,000 Km)
7.2.2 Ballistic Missiles
Table 24 Ballistic Missiles Market, by Type, 2019-2022 (USD Million)
Table 25 Ballistic Missiles Market, by Type, 2023-2028 (USD Million)
7.2.2.1 Short-Range Ballistic Missiles
Table 26 Short-Range Ballistic Missiles, by Range and Country
7.2.2.2 Medium-Range Ballistic Missiles
Table 27 Medium-Range Ballistic Missiles, by Range and Country
7.2.2.3 Intermediate-Range Missiles
Table 28 Intermediate-Range Ballistic Missiles, by Range and Country
7.2.2.4 Intercontinental Missiles
Table 29 Intercontinental Ballistic Missiles, by Range and Country
7.3 Rockets
Table 30 Rockets Market, by Type, 2019-2022 (USD Million)
Table 31 Rockets Market, by Type, 2023-2028 (USD Million)
7.3.1 Artillery Rockets
7.3.1.1 Varied Range, Size, Role, and Kill Power to Drive Market
7.3.2 Multiple Launch Rocket Systems
7.3.2.1 Capability to Fire Several Rounds Rapidly to Drive Market
7.4 Torpedoes
7.4.1 Long Range and Low Detectability Than Other Naval Weapons to Drive Market

8 Rocket and Missile Market, by Speed
8.1 Introduction
Figure 30 Hypersonic Segment to Experience Maximum Growth During Forecast Period
Table 32 Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 33 Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
8.2 Subsonic
8.2.1 Reduced Noise Levels and Extended Flight Durations to Drive Market
8.3 Supersonic
8.3.1 Rapid Target Engagement and Enhanced Survivability to Drive Market
8.4 Hypersonic
8.4.1 Increasing Development and Procurement by Armed Forces Worldwide to Drive Market
Table 34 Hypersonic Missiles, by Country

9 Rocket and Missile Market, by Propulsion Type
9.1 Introduction
Figure 31 Scramjet to Grow at Highest CAGR During Forecast Period
Table 35 Rocket and Missile Market, by Propulsion Type, 2019-2022 (USD Million)
Table 36 Rocket and Missile Market, by Propulsion Type, 2023-2028 (USD Million)
9.2 Solid
9.2.1 Lower Operational Cost and High Thrust to Drive Market
9.3 Liquid
9.3.1 Adjustable Thrust Levels and Higher Operational Flexibility to Drive Market
9.4 Hybrid
9.4.1 Threat Evasion and Precise Target Hitting Capabilities to Drive Market
9.5 Ramjet
9.5.1 Air-Breathing Combustion Principle to Drive Market
9.6 Turbojet
9.6.1 Ability to Offer Balance Between Range, Speed, and Precision to Drive Market
9.7 Scramjet
9.7.1 Maintenance Support to Supersonic and Hypersonic Missiles to Drive Market

10 Rocket and Missile Market, by Launch Mode
10.1 Introduction
Figure 32 Surface-To-Surface Segment to Hold Dominant Market Share During Forecast Period
Table 37 Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 38 Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
10.2 Surface-To-Surface
10.2.1 Multi-Dimension Threat Mitigation to Drive Market
10.3 Surface-To-Air
10.3.1 Ability to Protect Ground Positions from Hostile Air Attacks to Drive Market
10.4 Air-To-Air
10.4.1 Critical Role in Modern Aerial Combat to Drive Market
10.5 Air-To-Surface
10.5.1 Sophisticated Guidance System Minimizing Collateral Damage to Drive Market
10.6 Subsea-To-Surface
10.6.1 Critical Role in Combating Maritime Threats to Drive Market

11 Rocket and Missile Market, by Guidance Mechanism
11.1 Introduction
Figure 33 Guided Segment to Grow at Higher CAGR During Forecast Period
Table 39 Rocket and Missile Market, by Guidance Mechanism, 2019-2022 (USD Million)
Table 40 Rocket and Missile Market, by Guidance Mechanism, 2023-2028 (USD Million)
11.2 Guided
11.2.1 Incorporation of Advanced Deep Learning and Ai Algorithms in Guided Systems to Drive Market
11.3 Unguided
11.3.1 Modernization and Technological Advancements to Drive Market

12 Regional Analysis
12.1 Introduction
Figure 34 North America to Lead Rocket and Missile Market from 2023 to 2028
Table 41 Rocket and Missile Market, by Region, 2019-2022 (USD Million)
Table 42 Rocket and Missile Market, by Region, 2023-2028 (USD Million)
12.2 North America
12.2.1 North America: PESTLE Analysis
Figure 35 North America: Rocket and Missile Market Snapshot
Table 43 North America: Rocket and Missile Market, by Country, 2019-2022 (USD Million)
Table 44 North America: Rocket and Missile Market, by Country, 2023-2028 (USD Million)
Table 45 North America: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 46 North America: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 47 North America: Rocket and Missile Market, by Propulsion Type, 2019-2022 (USD Million)
Table 48 North America: Rocket and Missile Market, by Propulsion Type, 2023-2028 (USD Million)
Table 49 North America: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 50 North America: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
Table 51 North America: Rockets Market, by Type, 2019-2022 (USD Million)
Table 52 North America: Rockets Market, by Type, 2023-2028 (USD Million)
Table 53 North America: Missiles Market, by Type, 2019-2022 (USD Million)
Table 54 North America: Missiles Market, by Type, 2023-2028 (USD Million)
Table 55 North America: Rocket and Missile Market, by Guidance Mechanism, 2019-2022 (USD Million)
Table 56 North America: Rocket and Missile Market, by Guidance Mechanism, 2023-2028 (USD Million)
Table 57 North America: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 58 North America: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
12.2.2 US
12.2.2.1 Increased Military Expenditure and Contracts with Defense Manufacturers to Drive Market
Table 59 US: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 60 US: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 61 US: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 62 US: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
Table 63 US: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 64 US: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
12.2.3 Canada
12.2.3.1 Collaborations with Us to Develop New Systems to Drive Market
Table 65 Canada: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 66 Canada: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 67 Canada: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 68 Canada: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
Table 69 Canada: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 70 Canada: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
12.3 Europe
12.3.1 Europe: PESTLE Analysis
Figure 36 Europe: Rocket and Missile Market Snapshot
Table 71 Europe: Rocket and Missile Market, by Country, 2019-2022 (USD Million)
Table 72 Europe: Rocket and Missile Market, by Country, 2023-2028 (USD Million)
Table 73 Europe: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 74 Europe: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 75 Europe: Rocket and Missile Market, by Propulsion Type, 2019-2022 (USD Million)
Table 76 Europe: Rocket and Missile Market, by Propulsion Type, 2023-2028 (USD Million)
Table 77 Europe: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 78 Europe: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
Table 79 Europe: Rockets Market, by Type, 2019-2022 (USD Million)
Table 80 Europe: Rockets Market, by Type, 2023-2028 (USD Million)
Table 81 Europe: Missiles Market, by Type, 2019-2022 (USD Million)
Table 82 Europe: Missiles Market, by Type, 2023-2028 (USD Million)
Table 83 Europe: Rocket and Missile Market, by Guidance Mechanism, 2019-2022 (USD Million)
Table 84 Europe: Rocket and Missile Market, by Guidance Mechanism, 2023-2028 (USD Million)
Table 85 Europe: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 86 Europe: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
12.3.2 UK
12.3.2.1 Collaboration with International Partners Through Nato to Drive Market
Table 87 UK: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 88 UK: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 89 UK: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 90 UK: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
Table 91 UK: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 92 UK: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
12.3.3 France
12.3.3.1 Joint Defense Projects and Partnerships to Drive Market
Table 93 France: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 94 France: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 95 France: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 96 France: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
Table 97 France: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 98 France: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
12.3.4 Germany
12.3.4.1 Willingness to Support Allies with Advanced Defense Capabilities to Drive Market
Table 99 Germany: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 100 Germany: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 101 Germany: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 102 Germany: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
Table 103 Germany: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 104 Germany: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
12.3.5 Italy
12.3.5.1 Commitment to Global Security Efforts to Drive Market
Table 105 Italy: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 106 Italy: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 107 Italy: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 108 Italy: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
Table 109 Italy: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 110 Italy: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
12.3.6 Russia
12.3.6.1 Use of Advanced Missiles During Russia-Ukraine Conflict to Drive Market
Table 111 Russia: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 112 Russia: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 113 Russia: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 114 Russia: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
Table 115 Russia: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 116 Russia: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
12.3.7 Rest of Europe
Table 117 Rest of Europe: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 118 Rest of Europe: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 119 Rest of Europe: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 120 Rest of Europe: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
Table 121 Rest of Europe: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 122 Rest of Europe: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
12.4 Asia-Pacific
12.4.1 Asia-Pacific: PESTLE Analysis
Figure 37 Asia-Pacific: Rocket and Missile Market Snapshot
Table 123 Asia-Pacific: Rocket and Missile Market, by Country, 2019-2022 (USD Million)
Table 124 Asia-Pacific: Rocket and Missile Market, by Country, 2023-2028 (USD Million)
Table 125 Asia-Pacific: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 126 Asia-Pacific: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
Table 127 Asia-Pacific: Rockets Market, by Type, 2019-2022 (USD Million)
Table 128 Asia-Pacific: Rockets Market, by Type, 2023-2028 (USD Million)
Table 129 Asia-Pacific: Missiles Market, by Type, 2019-2022 (USD Million)
Table 130 Asia-Pacific: Missiles Market, by Type, 2023-2028 (USD Million)
Table 131 Asia-Pacific: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 132 Asia-Pacific: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 133 Asia-Pacific: Rocket and Missile Market, by Propulsion Type, 2019-2022 (USD Million)
Table 134 Asia-Pacific: Rocket and Missile Market, by Propulsion Type, 2023-2028 (USD Million)
Table 135 Asia-Pacific: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 136 Asia-Pacific: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
Table 137 Asia-Pacific: Rocket and Missile Market, by Guidance Mechanism, 2019-2022 (USD Million)
Table 138 Asia-Pacific: Rocket and Missile Market, by Guidance Mechanism, 2023-2028 (USD Million)
12.4.2 China
12.4.2.1 Government Investments in Modernization Programs and Development of Ballistic Missiles to Drive Market
Table 139 China: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 140 China: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
Table 141 China: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 142 China: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 143 China: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 144 China: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
12.4.3 India
12.4.3.1 Increasing Procurement of Rockets and Missiles to Drive Market
Table 145 India: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 146 India: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
Table 147 India: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 148 India: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 149 India: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 150 India: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
12.4.4 Japan
12.4.4.1 Regional Conflicts in Strategically Important Areas to Drive Market
Table 151 Japan: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 152 Japan: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
Table 153 Japan: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 154 Japan: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 155 Japan: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 156 Japan: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
12.4.5 South Korea
12.4.5.1 Procurement of Rockets and Missiles by Foreign Military Sales to Drive Market
Table 157 South Korea: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 158 South Korea: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
Table 159 South Korea: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 160 South Korea: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 161 South Korea: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 162 South Korea: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
12.4.6 Australia
12.4.6.1 Increasing Investments in Guided Weapons to Drive Market
Table 163 Australia: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 164 Australia: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
Table 165 Australia: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 166 Australia: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 167 Australia: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 168 Australia: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
12.4.7 Rest of Asia-Pacific
Table 169 Rest of Asia-Pacific: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 170 Rest of Asia-Pacific: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
Table 171 Rest of Asia-Pacific: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 172 Rest of Asia-Pacific: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 173 Rest of Asia-Pacific: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 174 Rest of Asia-Pacific: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
12.5 Rest of the World
12.5.1 Rest of the World: PESTLE Analysis
Table 175 Rest of the World: Rocket and Missile Market, by Country, 2019-2022 (USD Million)
Table 176 Rest of the World: Rocket and Missile Market, by Country, 2023-2028 (USD Million)
Table 177 Rest of the World: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 178 Rest of the World: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
Table 179 Rest of the World: Rockets Market, by Type, 2019-2022 (USD Million)
Table 180 Rest of the World: Rockets Market, by Type, 2023-2028 (USD Million)
Table 181 Rest of the World: Missiles Market, by Type, 2019-2022 (USD Million)
Table 182 Rest of the World: Missiles Market, by Type, 2023-2028 (USD Million)
Table 183 Rest of the World: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 184 Rest of the World: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 185 Rest of the World: Rocket and Missile Market, by Propulsion Type, 2019-2022 (USD Million)
Table 186 Rest of the World: Rocket and Missile Market, by Propulsion Type, 2023-2028 (USD Million)
Table 187 Rest of the World: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 188 Rest of the World: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
Table 189 Rest of the World: Rocket and Missile Market, by Guidance Mechanism, 2019-2022 (USD Million)
Table 190 Rest of the World: Rocket and Missile Market, by Guidance Mechanism, 2023-2028 (USD Million)
12.5.2 Latin America
12.5.2.1 Growing Capabilities of Local Defense Industry and Availability of Foreign Technologies to Drive Market
Table 191 Latin America: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 192 Latin America: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
Table 193 Latin America: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 194 Latin America: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 195 Latin America: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 196 Latin America: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)
12.5.3 Middle East & Africa
12.5.3.1 Ongoing Conflicts and Rising Terrorism to Drive Market
Table 197 Middle East & Africa: Rocket and Missile Market, by Product, 2019-2022 (USD Million)
Table 198 Middle East & Africa: Rocket and Missile Market, by Product, 2023-2028 (USD Million)
Table 199 Middle East & Africa: Rocket and Missile Market, by Speed, 2019-2022 (USD Million)
Table 200 Middle East & Africa: Rocket and Missile Market, by Speed, 2023-2028 (USD Million)
Table 201 Middle East & Africa: Rocket and Missile Market, by Launch Mode, 2019-2022 (USD Million)
Table 202 Middle East & Africa: Rocket and Missile Market, by Launch Mode, 2023-2028 (USD Million)

13 Competitive Landscape
13.1 Introduction
Table 203 Key Developments in Rocket and Missile Market Between 2019 and 2022
13.2 Ranking of Key Players, 2022
Figure 38 Ranking of Key Players in Rocket and Missile Market, 2022
13.3 Market Share Analysis of Key Players, 2022
Figure 39 Market Share Analysis of Key Players, 2022
13.3.1 Company Footprint, by Region
Table 204 Company Footprint, by Product
Table 205 Company Footprint, by Launch Mode
13.4 Revenue Analysis of Top 5 Market Players, 2022
Figure 40 Revenue Analysis of Top 5 Players in Rocket and Missile
Market, 2022
13.5 Company Evaluation Matrix
13.5.1 Stars
13.5.2 Emerging Leaders
13.5.3 Pervasive Players
13.5.4 Participants
Figure 41 Company Evaluation Matrix, 2022
13.6 Startup/Sme Evaluation Matrix
13.6.1 Progressive Companies
13.6.2 Responsive Companies
13.6.3 Dynamic Companies
13.6.4 Starting Blocks
Figure 42 Startup/Sme Evaluation Matrix, 2022
13.7 Competitive Scenario
13.7.1 Market Evaluation Framework
13.7.2 Product Launches
Table 206 Product Launches, 2022-2023
13.7.3 Deals
Table 207 Deals, 2019-2023

14 Company Profiles
(Business Overview, Products/Services/Solutions Offered, Recent Developments, Analyst's View, Key Strengths, Strategic Choices, Weaknesses and Competitive Threats)*
14.1 Introduction
14.2 Key Players
14.2.1 Northrop Grumman Corporation
Table 208 Northrop Grumman Corporation: Company Overview
Figure 43 Northrop Grumman Corporation: Company Snapshot
Table 209 Northrop Grumman Corporation: Products/Services/Solutions Offered
Table 210 Northrop Grumman Corporation: Deals
14.2.2 Lockheed Martin Corporation
Table 211 Lockheed Martin Corporation: Company Overview
Figure 44 Lockheed Martin Corporation: Company Snapshot
Table 212 Lockheed Martin Corporation: Products/Services/Solutions Offered
Table 213 Lockheed Martin Corporation: Deals
14.2.3 Raytheon Technologies Corporation
Table 214 Raytheon Technologies Corporation: Company Overview
Figure 45 Raytheon Technologies Corporation: Company Snapshot
Table 215 Raytheon Technologies Corporation: Products/Services/Solutions Offered
Table 216 Raytheon Technologies Corporation: Product Launches
Table 217 Raytheon Technologies Corporation: Deals
14.2.4 The Boeing Company
Table 218 The Boeing Company: Company Overview
Figure 46 The Boeing Company: Company Snapshot
Table 219 The Boeing Company: Products/Services/Solutions Offered
Table 220 The Boeing Company: Deals
14.2.5 General Dynamics Corporation
Table 221 General Dynamics Corporation: Company Overview
Figure 47 General Dynamics Corporation: Company Snapshot
Table 222 General Dynamics Corporation: Products/Services/
Solutions Offered
Table 223 General Dynamics Corporation: Deals
14.2.6 Bae Systems plc
Table 224 Bae Systems plc: Company Overview
Figure 48 Bae Systems plc: Company Snapshot
Table 225 Bae Systems plc: Products/Services/Solutions Offered
Table 226 Bae Systems plc: Deals
14.2.7 Israel Aerospace Industries
Table 227 Israel Aerospace Industries: Company Overview
Figure 49 Israel Aerospace Industries: Company Snapshot
Table 228 Israel Aerospace Industries: Products/Services/Solutions Offered
Table 229 Israel Aerospace Industries: Product Launches
Table 230 Israel Aerospace Industries: Deals
14.2.8 Thales Group
Table 231 Thales Group: Company Overview
Figure 50 Thales Group: Company Snapshot
Table 232 Thales Group: Products/Services/Solutions Offered
Table 233 Thales Group: Product Launches
Table 234 Thales Group: Deals
14.2.9 Lig Nex1 Co., Ltd.
Table 235 Lig Nex1 Co., Ltd.: Company Overview
Figure 51 Lig Nex1 Co., Ltd.: Company Snapshot
Table 236 Lig Nex1 Co., Ltd.: Products/Services/Solutions Offered
Table 237 Lig Nex1 Co., Ltd.: Product Launches
14.2.10 Bharat Dynamics Limited
Table 238 Bharat Dynamics Limited: Company Overview
Figure 52 Bharat Dynamics Limited: Company Snapshot
Table 239 Bharat Dynamics Limited: Products/Services/Solutions Offered
Table 240 Bharat Dynamics Limited: Deals
14.2.11 Mbda
Table 241 Mbda: Company Overview
Figure 53 Mbda: Company Snapshot
Table 242 Mbda: Products/Services/Solutions Offered
Table 243 Mbda: Deals
14.2.12 Kongsberg Gruppen Asa
Table 244 Kongsberg Gruppen Asa: Company Overview
Figure 54 Kongsberg Gruppen Asa: Company Snapshot
Table 245 Kongsberg Gruppen Asa: Products/Services/Solutions Offered
Table 246 Kongsberg Gruppen Asa: Deals
14.2.13 Saab Ab
Table 247 Saab Ab: Company Overview
Figure 55 Saab Ab: Company Snapshot
Table 248 Saab Ab: Products/Services/Solutions Offered
Table 249 Saab Ab: Deals
14.2.14 Diehl Stiftung & Co. Kg
Table 250 Diehl Stiftung & Co. Kg: Company Overview
Figure 56 Diehl Stiftung & Co. Kg: Company Snapshot
Table 251 Diehl Stiftung & Co. Kg: Products/Services/Solutions Offered
Table 252 Diehl Stiftung & Co. Kg: Deals
14.2.15 Hanwha Defense
Table 253 Hanwha Defense: Company Overview
Table 254 Hanwha Defense: Products/Services/Solutions Offered
14.2.16 Leonardo Spa
Table 255 Leonardo Spa: Company Overview
Figure 57 Leonardo Spa: Company Snapshot
Table 256 Leonardo Spa: Products/Services/Solutions Offered
14.2.17 Denel Dynamics
Table 257 Denel Dynamics: Company Overview
Table 258 Denel Dynamics: Products/Services/Solutions Offered
*Details on Business Overview, Products/Services/Solutions Offered, Recent Developments, Analyst's View, Key Strengths, Strategic Choices, Weaknesses and Competitive Threats Might Not be Captured in Case of Unlisted Companies.
14.3 Other Players
14.3.1 L3Harris Technologies, Inc.
Table 259 L3Harris Technologies, Inc.: Company Overview
14.3.2 Frontier Electronic Systems Corp.
Table 260 Frontier Electronic Systems Corp.: Company Overview
14.3.3 Arianegroup
Table 261 Arianegroup: Company Overview
14.3.4 Teledyne Technologies Incorporated
Table 262 Teledyne Technologies Incorporated: Company Overview
14.3.5 Elbit Systems Ltd.
Table 263 Elbit Systems Ltd.: Company Overview
14.3.6 Rafael Advanced Defense Systems Ltd.
Table 264 Rafael Advanced Defense Systems Ltd.: Company Overview
14.4 General Atomics
Table 265 General Atomics: Company Overview
14.4.1 Almaz-Antey
Table 266 Almaz-Antey: Company Overview
14.4.2 Roketsan As
Table 267 Roketsan As: Company Overview
14.4.3 Brahmos Aerospace
Table 268 Brahmos Aerospace: Company Overview

15 Appendix
15.1 Discussion Guide
15.2 Knowledgestore: The Subscription Portal
15.3 Customization Options

Executive Summary

Companies Mentioned

  • General Atomics
  • Almaz-Antey
  • Arianegroup
  • Bae Systems plc
  • Bharat Dynamics Limited
  • Brahmos Aerospace
  • Denel Dynamics
  • Diehl Stiftung & Co. Kg
  • Elbit Systems Ltd.
  • Frontier Electronic Systems Corp.
  • General Dynamics Corporation
  • Hanwha Defense
  • Israel Aerospace Industries
  • Kongsberg Gruppen Asa
  • L3Harris Technologies, Inc.
  • Leonardo Spa
  • Lig Nex1 Co., Ltd.
  • Lockheed Martin Corporation
  • Mbda
  • Northrop Grumman Corporation
  • Rafael Advanced Defense Systems Ltd.
  • Raytheon Technologies Corporation
  • Roketsan As
  • Saab Ab
  • Solutions Offered
  • Teledyne Technologies Incorporated
  • Thales Group
  • The Boeing Company

Methodology

Loading
LOADING...

Table Information

Report AttributeDetails
No. of Pages210
PublishedSeptember 2023
Forecast Period2023 - 2028
Estimated Market Value ( USD ) in 2023 $ 57.7 Billion
Forecasted Market Value ( USD ) by 2028 $ 77.4 Billion
Compound Annual Growth Rate6.1%
Regions CoveredGlobal
No. of Companies Mentioned28

Related Topics

Related Reports

Global Rockets & Missiles Market by Type (Missile, Rocket), Speed (Hypersonic, Subsonic, Supersonic), Platform, Guidance Mechanism, Application - Forecast 2024-2030 - Product Image

Global Rockets & Missiles Market by Type (Missile, Rocket), Speed (Hypersonic, Subsonic, Supersonic), Platform, Guidance Mechanism, Application - Forecast 2024-2030

  • Report
  • 194 Pages
  • Global
From
Rocket and Missile Global Market Report 2024 - Product Image

Rocket and Missile Global Market Report 2024

  • Report
  • 200 Pages
  • Global
From
Rockets and Missiles Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2030 - Product Image

Rockets and Missiles Market: Global Industry Analysis, Trends, Market Size, and Forecasts up to 2030

  • Report
  • 300 Pages
  • Global
From
Global Guided Missile & Space Vehicle Market by Type (Ballistic Missiles, Cruise Missiles, Rockets), Propulsion (Chemical, Electric, Hybrid), Application - Forecast 2024-2030 - Product Image

Global Guided Missile & Space Vehicle Market by Type (Ballistic Missiles, Cruise Missiles, Rockets), Propulsion (Chemical, Electric, Hybrid), Application - Forecast 2024-2030

  • Report
  • 185 Pages
  • Global
From
Guided Missile and Space Vehicle: Global Strategic Business Report - Product Image

Guided Missile and Space Vehicle: Global Strategic Business Report

  • Report
  • 233 Pages
  • Global
From

About the Rockets and Missiles Market

The Rockets and Missiles market is a subset of the Missiles and Missiles Technology industry. It is composed of companies that design, manufacture, and sell rockets and missiles for military and civilian use. Rockets and missiles are used for a variety of purposes, including launching satellites into orbit, delivering payloads to space, and providing defense against incoming threats. Rockets and missiles are typically composed of several components, including propulsion systems, guidance systems, and payloads. Propulsion systems provide the thrust necessary to launch the rocket or missile, while guidance systems provide the necessary control to ensure the rocket or missile reaches its intended target. Payloads can range from satellites to weapons. The Rockets and Missiles market is highly competitive, with companies competing to develop the most advanced and reliable products. Companies in the market are constantly innovating and developing new technologies to stay ahead of the competition. Some of the major companies in the Rockets and Missiles market include Boeing, Lockheed Martin, Northrop Grumman, Raytheon, and Aerojet Rocketdyne. Show Less Read more

Copyright © 2002-2024 Research and Markets. All Rights Reserved.