Hypersonic Missiles Industry Heat Up: Market Booms But Faces Turbulence - United States Dominates Hypersonic Race, But China Catches Up: New Forecast Predicts Market Leaders - Brahmos Aerospace Pvt. Ltd., Thales Group, Lockheed Martin Corporation, Raytheo

Missiles are self-propelled precision-guided ammunition systems and essential part of a country's defense & security. They constitute of four system components, which are targeting or missile guidance system, flight system, engine, and warhead. Missiles are classified as subsonic, supersonic, and hypersonic systems depending on the speed at which they travel. Hypersonic missiles travel at speed of Mach 5 (nearly 4000 miles per hour) which is five times the speed of sound.

𝐑𝐞𝐩𝐨𝐫𝐭 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐞𝐫𝐬:
• The hypersonic missiles market studies more than 15 countries. The research includes a segment analysis of each country in terms of value ($ million) for the projected period 2022-2032.

• The study integrated high-quality data, professional opinions and analysis, and critical independent perspectives. The research approach is intended to provide a balanced view of global markets and to assist stakeholders in making educated decisions to achieve their most ambitious growth objectives.

• Over 3,700 product literature, annual reports, industry statements, and other comparable materials from major industry participants were reviewed to gain a better understanding of the market.

• The hypersonic missiles market share is moderately fragmented, with several players including includes General Dynamics Corporation, Brahmos Aerospace Pvt. Ltd., Thales Group, Lockheed Martin Corporation, Raytheon Company, Aerojet Rocketdyne Holdings Inc, Northrop Grumman Corporation, The Boeing Company, Dynetics Inc., SAAB SA.

Key strategies such as contract, product upgrade/development, and other strategies of the players operating in the market are tracked and monitored.

𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 𝐚𝐧𝐝 𝐓𝐚𝐛𝐥𝐞 𝐨𝐟 𝐂𝐨𝐧𝐭𝐞𝐧𝐭 - https://www.alliedmarketresearch.com/request-toc-and-sample/A14493

The two types of hypersonic missiles are hypersonic guide vehicles (HGV) and hypersonic cruise missiles. Moreover, HGV consists of two rockets, which helps in guiding the boost glide weapon from upper atmosphere to outer atmosphere, and warhead. After the boost glide weapon reaches hypersonic speed, warhead get detached to hit the target.
The missile follows a ballistic trajectory over most of its flight path.

Furthermore, hypersonic cruise missiles are unmanned self-propelled guided vehicle which fly within the earth's atmosphere. In addition, the modern hypersonic missiles are hard to track compared to traditional missiles and added maneuverability at these high speeds that makes them so practical as both offensive and defensive weapons.

𝐂𝐎𝐕𝐈𝐃-𝟏𝟗 𝐈𝐦𝐩𝐚𝐜𝐭 𝐀𝐧𝐚𝐥𝐲𝐬𝐢𝐬:
Due to COVID-19 pandemic government across the all the major countries have announced lockdown leading to various business shutdowns. This has led to disruption in manufacturing of defense equipment. Moreover, due to economic slowdown and more focus on health budget many countries have reduced their defense budget thus affecting the demand for hypersonic missiles.

Furthermore, due lockdown there was unavailability of raw materials required for manufacturing of hypersonic missiles. In addition, due to social distancing & travelling restriction norms there was unavailability of skilled labor required for production of hypersonic missiles. Defense is an evolving sector which had a slight setback due to the pandemic, but it is expected to recover post pandemic and drive growth of hypersonic missile market.

𝐓𝐨𝐩 𝐈𝐦𝐩𝐚𝐜𝐭𝐢𝐧𝐠 𝐅𝐚𝐜𝐭𝐨𝐫𝐬
• Rise in threat of terrorist attack, advancement in missile technology, and rise in demand for hypersonic missiles is expected to drive growth of the market.

• However, high investment cost and lack of skilled workforce for development of hypersonic missile can hamper growth of the market.

• Moreover, rise in government investment in hypersonic missile technology, rise in R&D for new weapon system, and rise in demand for new technology can act as an opportunity for growth of the market.

𝐈𝐧𝐭𝐞𝐫𝐞𝐬𝐭𝐞𝐝 𝐭𝐨 𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐭𝐡𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭? 𝐈𝐧𝐪𝐮𝐢𝐫𝐞 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 - https://www.alliedmarketresearch.com/purchase-enquiry/A14493

𝐌𝐚𝐫𝐤𝐞𝐭 𝐓𝐫𝐞𝐧𝐝𝐬

𝐑𝐢𝐬𝐞 𝐢𝐧 𝐠𝐨𝐯𝐞𝐫𝐧𝐦𝐞𝐧𝐭 𝐢𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐡𝐲𝐩𝐞𝐫𝐬𝐨𝐧𝐢𝐜 𝐦𝐢𝐬𝐬𝐢𝐥𝐞 𝐭𝐞𝐜𝐡𝐧𝐨𝐥𝐨𝐠𝐲

To ensure proper safety & security government of major countries are investing heavily in military equipment. Major countries are heavily investing in R&D for manufacturing of hypersonic missile. Since, hypersonic missile strengthens the military & defense of country, and it can be very useful during war or terrorist attacks. For instance, in 2019, Lockheed Martin was awarded a $81.5 million contract by U.S.

Air Force to provide solid-fuel rocket motor for hypersonic missile and $347 million contract from U.S, military for hypersonic weapons. Furthermore, in 2021, Lockheed Martin landed a contract of $1.53 billion from Colorado for supplying hypersonic weapons. Thus, government investment in missile technology can act as an opportunity to drive growth of hypersonic missile market.

𝐊𝐞𝐲 𝐁𝐞𝐧𝐞𝐟𝐢𝐭𝐬 𝐨𝐟 𝐭𝐡𝐞 𝐑𝐞𝐩𝐨𝐫𝐭:
• This study presents the analytical depiction of the hypersonic missile market along with the current trends and future estimations to determine the imminent investment pockets.

• The report presents information related to key drivers, restraints, and opportunities along with challenges of the hypersonic missile market.

• The current market is quantitatively analyzed to highlight the hypersonic missile market growth scenario.

• The report provides detailed hypersonic missile market analysis based on competitive intensity and how the competition will take shape in coming years.

𝐏𝐫𝐨𝐜𝐮𝐫𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 (𝐏𝐃𝐅 𝐰𝐢𝐭𝐡 𝐐𝐮𝐚𝐥𝐢𝐭𝐚𝐭𝐢𝐯𝐞 𝐚𝐧𝐝 𝐐𝐮𝐨𝐭𝐚𝐭𝐢𝐯𝐞 𝐃𝐚𝐭𝐚, 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬, 𝐒𝐭𝐚𝐭𝐢𝐬𝐭𝐢𝐜𝐬, 𝐓𝐚𝐛𝐥𝐞𝐬, 𝐂𝐡𝐚𝐫𝐭𝐬, 𝐅𝐢𝐠𝐮𝐫𝐞𝐬) - https://www.alliedmarketresearch.com/hypersonic-missile-market/purchase-options

𝐐𝐮𝐞𝐬𝐭𝐢𝐨𝐧𝐬 𝐚𝐧𝐬𝐰𝐞𝐫𝐞𝐝 𝐢𝐧 𝐭𝐡𝐞 𝐡𝐲𝐩𝐞𝐫𝐬𝐨𝐧𝐢𝐜 𝐦𝐢𝐬𝐬𝐢𝐥𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭:
• Which are the leading market players active in the hypersonic missile market?

• What would be the detailed impact of COVID-19 on the market?

• What current trends would influence the market in the next few years?

• What are the driving factors, restraints, and opportunities in the hypersonic missile market?

• What are the projections for the future that would help in taking further strategic steps?

𝐁𝐫𝐨𝐰𝐬𝐞 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐑𝐞𝐩𝐨𝐫𝐭 𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰: https://www.alliedmarketresearch.com/hypersonic-missile-market-A14493

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