Hypersonic Travel Market Report 2026

The hypersonic travel market size has grown rapidly in recent years. It will grow from $4.76 billion in 2025 to $5.66 billion in 2026 at a compound annual growth rate (CAGR) of 18.7%. The growth in the historic period can be attributed to military aerospace research programs, cold war era speed innovation, demand for rapid global strike capability, government funded aerospace testing, advances in jet propulsion.

The hypersonic travel market size is expected to see rapid growth in the next few years. It will grow to $11.18 billion in 2030 at a compound annual growth rate (CAGR) of 18.6%. The growth in the forecast period can be attributed to defense modernization initiatives, rising investments in space exploration, demand for ultra fast global travel, improvements in thermal management systems, increased collaboration between defense and private firms. Major trends in the forecast period include development of mach 5 plus aircraft, advancements in high temperature materials, expansion of military hypersonic programs, growing interest in commercial hypersonic travel, focus on advanced propulsion technologies.

The rising demand for faster air travel is expected to drive the growth of the hypersonic travel market. Faster air travel refers to significantly reduced flight times over long distances, enabling passengers to reach destinations much quicker than with conventional air transport. This demand is fueled by increasing global connectivity and a preference for shorter travel times, particularly among business travelers, tourists, and those needing time-sensitive transportation. As a result, faster air travel is boosting the hypersonic travel market by increasing demand for aircraft capable of exceeding Mach 5, allowing vast distances to be covered in a fraction of the usual time. For instance, in January 2025, according to the International Air Transport Association (IATA), a Canada-based air-transport trade body, total traffic in 2024 increased by 10.4%, with international traffic rising 13.6% and domestic traffic 5.7% compared to 2023. Therefore, the growing demand for faster air travel is driving growth in the hypersonic travel market.

Major companies in the hypersonic travel market are focusing on innovations such as reusable hypersonic flight to enable rapid, cost-efficient, and recoverable high-speed vehicle testing. Reusable hypersonic flight allows vehicles to safely return and be relaunched after flight, permitting multiple tests without rebuilding the vehicle from scratch. For instance, in May 2025, Stratolaunch Systems Corporation, a US-based aerospace company, successfully tested its Talon-A hypersonic vehicle. Launched from the twin-fuselage Roc carrier aircraft, Talon-A flew at speeds exceeding Mach 5 over the Pacific Ocean and landed safely at Vandenberg Space Force Base. The flight demonstrated full recoverability and reusability, providing critical data for the Multi-Service Advanced Capability Hypersonics Test Bed (MACH-TB) program and advancing cost-efficient experimentation in hypersonic technology.

In October 2024, Special Aerospace Services LLC (SAS), a US-based aerospace and defense company, acquired Concordia Technologies Inc. for an undisclosed amount. This acquisition is aimed at expanding SAS’s capabilities in hypersonic and missile defense systems by integrating advanced sensor design, evaluation services, and modeling and simulation technologies. The move aligns with SAS’s goal of enhancing national security solutions through cutting-edge aerospace innovations. Concordia Technologies Inc. is a US-based defense and aerospace technology company, specializing in hypersonic weapons, missile defense systems, and advanced modeling and simulation solutions.

Major companies operating in the hypersonic travel market report include RTX Corporation, The Boeing Company, Lockheed Martin Corporation, Airbus SE, Northrop Grumman Corporation, BAE Systems plc, L3Harris Technologies Inc., Leidos Holdings Inc., Space Exploration Technologies Corp. (SpaceX), Blue Origin Enterprises L.P., Aerojet Rocketdyne Holdings Inc., Sierra Nevada Corporation, Kratos Defense & Security Solutions Inc., Stratolaunch Systems Corporation, Hermeus Corporation, Dawn Aerospace Limited, Venus Aerospace Corp., Reaction Engines Limited, Hypersonix Launch Systems Ltd., Virgin Galactic Holdings Inc.

North America was the largest region in the hypersonic travel market in 2025. The regions covered in the hypersonic travel market report include Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the hypersonic travel market report include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The hypersonic travel market consists of revenues earned by entities by providing services such as ultra-fast intercontinental passenger transport, hypersonic cargo logistics, rapid military deployment services, space tourism flights, and emergency evacuation missions at hypersonic speeds. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included. The hypersonic travel market also includes sales of hypersonic vehicles, specialized propulsion systems, thermal protection systems, navigation and control systems, and ground support infrastructure. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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