Hypersonic Missiles Global Market Report 2022 provides the strategists, marketers and senior management with the critical information they need to assess the global hypersonic missiles market.
This report focuses on hypersonic missiles market which is experiencing strong growth. The report gives a guide to the hypersonic missiles market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider hypersonic missiles market, and compares it with other markets.
Markets Covered:
1) By Product: Hypersonic Glide Vehicle; Hypersonic Crusie Missile
2) By Application: Wire Guidance; Command Guidance; Terrain Comparision Guidance; Terrestial Guidance; Inertial Guidance; Beam Rider Guidance; Laser Guidance; Radio Frequencey (RF) And GPS Reference
3) By End-Users: Military; Civil
Companies Mentioned: Lockheed Martin; Raytheon Technologies; Northrop Grumman; Boeing; SAAB
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
This product will be delivered within 1-3 business days.
This report focuses on hypersonic missiles market which is experiencing strong growth. The report gives a guide to the hypersonic missiles market which will be shaping and changing our lives over the next ten years and beyond, including the markets response to the challenge of the global pandemic.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 12+ geographies.
- Understand how the market is being affected by the coronavirus and how it is likely to emerge and grow as the impact of the virus abates.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market research findings.
- Benchmark performance against key competitors.
- Utilize the relationships between key data sets for superior strategizing.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
Description:
Where is the largest and fastest growing market for the hypersonic missiles? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The Hypersonic Missiles market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography. It places the market within the context of the wider hypersonic missiles market, and compares it with other markets.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, the influence of the COVID-19 virus and forecasting its growth.
- Market segmentations break down market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
- The hypersonic missiles market section of the report gives context. It compares the hypersonic missiles market with other segments of the hypersonic missiles market by size and growth, historic and forecast. It analyses GDP proportion, expenditure per capita, hypersonic missiles indicators comparison.
Scope
Markets Covered:
1) By Product: Hypersonic Glide Vehicle; Hypersonic Crusie Missile
2) By Application: Wire Guidance; Command Guidance; Terrain Comparision Guidance; Terrestial Guidance; Inertial Guidance; Beam Rider Guidance; Laser Guidance; Radio Frequencey (RF) And GPS Reference
3) By End-Users: Military; Civil
Companies Mentioned: Lockheed Martin; Raytheon Technologies; Northrop Grumman; Boeing; SAAB
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
Data segmentations: country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
This product will be delivered within 1-3 business days.
Frequently Asked Questions about the Global Hypersonic Missile Market
What is the estimated value of the Global Hypersonic Missile Market?
What is the growth rate of the Global Hypersonic Missile Market?
What is the forecasted size of the Global Hypersonic Missile Market?
Who are the key companies in the Global Hypersonic Missile Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 175 |
| Published | February 2022 |
| Forecast Period | 2022 - 2026 |
| Estimated Market Value ( USD | $ 104.4 million |
| Forecasted Market Value ( USD | $ 130.08 million |
| Compound Annual Growth Rate | 5.7% |
| Regions Covered | Global |
Table of Contents
1. Executive Summary2. Hypersonic Missiles Market Characteristics3. Hypersonic Missiles Market Trends And Strategies4. Impact Of COVID-19 On Hypersonic Missiles28. Key Mergers And Acquisitions In The Hypersonic Missiles Market29. Hypersonic Missiles Market Future Outlook and Potential Analysis
5. Hypersonic Missiles Market Size And Growth
6. Hypersonic Missiles Market Segmentation
7. Hypersonic Missiles Market Regional And Country Analysis
8. Asia-Pacific Hypersonic Missiles Market
9. China Hypersonic Missiles Market
10. India Hypersonic Missiles Market
11. Japan Hypersonic Missiles Market
12. Australia Hypersonic Missiles Market
13. Indonesia Hypersonic Missiles Market
14. South Korea Hypersonic Missiles Market
15. Western Europe Hypersonic Missiles Market
16. UK Hypersonic Missiles Market
17. Germany Hypersonic Missiles Market
18. France Hypersonic Missiles Market
19. Eastern Europe Hypersonic Missiles Market
20. Russia Hypersonic Missiles Market
21. North America Hypersonic Missiles Market
22. USA Hypersonic Missiles Market
23. South America Hypersonic Missiles Market
24. Brazil Hypersonic Missiles Market
25. Middle East Hypersonic Missiles Market
26. Africa Hypersonic Missiles Market
27. Hypersonic Missiles Market Competitive Landscape And Company Profiles
30. Appendix
Executive Summary
Major players in the hypersonic missiles market are Lockheed Martin, Raytheon Technologies, Northrop Grumman, Boeing, Saab AB, Systima Technologies, Mitsubishi Heavy Industries Ltd., Tactical Missiles Corporation, China Aerospace Science and Industry Corporation, Thales Group and Denel Dynamics.The global hypersonic missile market is expected to grow from $98.86 million in 2021 to $104.40 million in 2022 at a compound annual growth rate (CAGR) of 5.0%. The growth is mainly due to the companies resuming their operations and adapting to the new normal while recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $130.08 million in 2026 at a CAGR of 5.6%.
The hypersonic missiles market consists of sales of hypersonic missiles by entities (organizations, partnerships) that manufacture hypersonic missiles powered by high-speed, air-breathing engines, or scramjets. The hypersonic missiles travel five times faster than sound, which is roughly 1 mile per second, and can reach speeds of up to 7672 miles per hour or more. Hypersonic weapons reduce the time it takes to pursue a target, the time warnings are available to an enemy, and the time defense systems have to deal with an imminent threat.
The main types of products in hypersonic missiles are hypersonic glide vehicles and hypersonic cruise missiles. The hypersonic glide vehicles are a type of hypersonic missile that utilizes a re-entry vehicle to breach the speed of sound which is enough to overcome existing missile defense systems. It is used in wire guidance, command guidance, terrain contour matching, terrestrial guidance, inertial guidance, beam rider guidance, laser guidance, radiofrequency, and GPS reference and is implemented in various verticals such as military and civil.
North America was the largest region in the hypersonic missiles market in 2021. The regions covered in this report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
The increase in initiatives and funding from the governments and defense forces is contributing to the growth of the hypersonic missiles market. Governments and defense sectors started funding the research on the hypersonic area to strengthen the forces. For instance, the Pentagon, the headquarters building of the United States Department of Defense, requested a $3.8 billion budget for hypersonic research for the fiscal year 2022. Furthermore, according to the Stockholm International Peace Research Institute report in 2021, global military spending increased to $2 trillion in 2020, a 2.6% increase over 2019. Therefore, the increase in initiatives and funding from governments and defense forces is expected to drive the growth of the hypersonic missiles market over the coming years.
The development of new hypersonic cruise missiles is a key trend gaining popularity in the hypersonic missiles market. Major companies operating in the hypersonic missiles sector are focused on developing hypersonic missiles to strengthen their position. For example, Boeing, Lockheed Martin, and Raytheon announced plans in August 2020 to develop a new solid-rocket air-breathing hypersonic standard cruise missile for launch from current fighter-bomber aircraft. According to Air Force authorities, these businesses are the only reliable sources of hypersonic cruise missiles. Hypersonic weapons move at speeds ranging from Mach 5 to Mach 10 — or 3,840 to 7,680 miles per hour.
In December 2020, Lockheed Martin, a US-based aerospace company acquired Aerojet Rocketdyne for a deal amount of $4.4 billion. The acquisition is expected to enhance Lockheed Martin’s allied security missions, space, and hypersonic technology. Aerojet Rocketdyne is a US-based rocket and missile, propulsion manufacturer.
The countries covered in the hypersonic missiles market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK and USA.
Companies Mentioned
A selection of companies mentioned in this report includes:
- Lockheed Martin
- Raytheon Technologies
- Northrop Grumman
- Boeing
- Saab AB
- Systima Technologies
- Mitsubishi Heavy Industries Ltd.
- Tactical Missiles Corporation
- China Aerospace Science and Industry Corporation
- Thales Group
- Denel Dynamics
Methodology
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