Hypersonic Missiles Global Market Report 2026

Hypersonic missiles are powered by high-speed, air-breathing engines or scramjets, traveling at speeds five times faster than sound (roughly 1 mile per second). They can reach speeds exceeding 7672 miles per hour, reducing target pursuit, warning time for enemies, and response time for defense systems.

The primary products in hypersonic missiles include hypersonic glide vehicles and hypersonic cruise missiles. Hypersonic glide vehicles breach the speed of sound using a re-entry vehicle, making them effective against existing missile defense systems. These missiles are employed in various guidance systems and find applications in military and civil sectors.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs are impacting the hypersonic missiles market by raising costs for critical materials, propulsion components, guidance electronics, and advanced composites sourced across international supply chains. These cost pressures particularly affect segments such as scramjet-powered cruise missiles, HGV systems, and inertial guidance modules, with regions like Asia-Pacific, North America, and Europe experiencing the strongest effects due to cross-border dependencies. While tariffs slow procurement and increase development expenses, they also encourage domestic manufacturing, accelerate localized R&D, and strengthen regional defense-industrial autonomy, offering limited positive outcomes.

The hypersonic missiles market research report is one of a series of new reports from The Business Research Company that provides hypersonic missiles market statistics, including hypersonic missiles industry global market size, regional shares, competitors with a hypersonic missiles market share, detailed hypersonic missiles market segments, market trends and opportunities, and any further data you may need to thrive in the hypersonic missiles industry. This hypersonic missiles market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenarios of the industry.

The hypersonic missiles market size has grown strongly in recent years. It will grow from $145.38 billion in 2025 to $159.02 billion in 2026 at a compound annual growth rate (CAGR) of 9.4%. The growth in the historic period can be attributed to advancements in scramjet and air-breathing propulsion enabling hypersonic flight, rising geopolitical competition driving early hypersonic weapons development, increased defense investment in rapid-strike and penetration capabilities, technological progress in thermal protection systems required for high-velocity missiles, development and testing of aero-ballistic missile prototypes by major defense powers.

The hypersonic missiles market size is expected to see strong growth in the next few years. It will grow to $217.66 billion in 2030 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to expanding government funding for next-generation hypersonic weapons programs, advancements in guidance and maneuverability technologies to improve accuracy at hypersonic speeds, increasing integration of hypersonic systems into broader national defense strategies, development of counter-hypersonic detection and tracking systems boosting related procurement, rising demand for long-range, high-speed strike capabilities across advanced militaries. Major trends in the forecast period include advancements in scramjet and air-breathing propulsion, growing adoption of maneuverable hypersonic glide vehicles, increased investment in counter-hypersonic defense systems, integration of stealth technologies to reduce detection, rising military modernization and strategic deterrence programs.

The rising security concerns are anticipated to drive the growth of the hypersonic missile market in the future. Security concerns encompass potential threats, risks, or issues that pose dangers or challenges to the safety, well-being, and stability of individuals, organizations, or nations. Hypersonic missiles are crucial in addressing these concerns, as they can quickly reach targets, significantly reducing the reaction time for defensive measures. Furthermore, their ability to maneuver unpredictably makes them challenging to track and intercept. For instance, in February 2024, the Institute for Economics and Peace (IEP), an Australia-based organization, reported that the impact of terrorism is markedly greater in sub-Saharan Africa, the Middle East and North Africa, and South Asia compared to other regions. In 2023, these three areas accounted for 94 percent of terrorism-related fatalities, with sub-Saharan Africa alone responsible for nearly 59 percent of all deaths. The deadliest terrorist attack that year occurred on October 7, when Hamas-led militants struck Israel, resulting in the deaths of 1,200 individuals. In Burkina Faso, terrorism-related deaths rose by 68 percent in 2023. Therefore, the increasing security concerns are fueling the growth of the hypersonic missile market.

Major companies are intensifying their efforts to secure military contracts for a competitive edge. Military contracts involve legally binding agreements between governments or military entities and private defense contractors, specifying terms for the supply of goods or services related to military needs. For instance, in February 2023, US-based aerospace company Lockheed Martin Corporation was awarded a $1.1 billion initial contract to provide the US with its first sea-based hypersonic strike capability. This contract involves integrating the Conventional Prompt Strike (CPS) weapon system onto ZUMWALT-class guided missile destroyers. The CPS is a hypersonic boost-glide weapon system offering long-range, high-speed missile flight with exceptional survivability against enemy defenses.

In June 2023, US-based defense technology company Anduril Industries acquired Adranos Inc. for an undisclosed amount. This acquisition positions Anduril to supply solid rocket motors for crucial Department of Defense programs involving missiles, hypersonics, and propulsion systems. Adranos Inc. is a US-based aerospace and defense company known for providing high-performance solid rocket fuel called ALITEC for missile and hypersonic applications.

Major companies operating in the hypersonic missiles market are Raytheon Technologies, Boeing Company, Lockheed Martin Corp., Hanwha Corporation, China Aerospace Science and Industry Corporation, General Dynamics Corporation, Northrop Grumman, Mitsubishi Heavy Industries Ltd., Rostec State Corporation, BAE Systems plc, L3Harris Technologies Inc., Leidos, Israel Aerospace Industries Ltd., Rafael Advanced Defense Systems Ltd., Aerojet Rocketdyne Holdings Inc., Systima Technologies, Denel SOC Ltd., Tactical Missiles Corporation, BrahMos Aerospace, CASIC Rocket Technology Company, Kongsberg Gruppen

North America was the largest region in the hypersonic missiles market in 2025. North America is expected to be the fastest-growing region in the forecast period. The regions covered in the hypersonic missiles market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the hypersonic missiles market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

The hypersonic missiles market consists of sales of hypersonic missiles such as aero-ballistic missiles. 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.

Hypersonic Missiles Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses hypersonic missiles market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for hypersonic missiles ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The hypersonic missiles market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the 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.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter 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 company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Product: Hypersonic Glide Vehicle; Hypersonic Cruise Missile
• 2) By Application: Command Guidance; Terrain Comparison Guidance; Terrestrial Guidance; Inertial Guidance; Radio Frequency (RF) And GPS Reference
• 3) By End-Users: Military; Civil
• Subsegments:
• 1) By Hypersonic Glide Vehicle (HGV): Boost-Glide Systems; Maneuverable Reentry Vehicles
• 2) By Hypersonic Cruise Missile: Air-Breathing Hypersonic Missiles; Turbojet And Scramjet Powered Missiles
• Companies Mentioned: Raytheon Technologies; Boeing Company; Lockheed Martin Corp.; Hanwha Corporation; China Aerospace Science and Industry Corporation; General Dynamics Corporation; Northrop Grumman; Mitsubishi Heavy Industries Ltd.; Rostec State Corporation; BAE Systems plc; L3Harris Technologies Inc.; Leidos; Israel Aerospace Industries Ltd.; Rafael Advanced Defense Systems Ltd.; Aerojet Rocketdyne Holdings Inc.; Systima Technologies; Denel SOC Ltd.; Tactical Missiles Corporation; BrahMos Aerospace; CASIC Rocket Technology Company; Kongsberg Gruppen
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain
• Regions: Asia-Pacific; South East Asia; 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.
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