Government And Defense Investments Propel Hypersonic Missiles Market: A Key Catalyst Accelerating Hypersonic Missiles Market Growth in 2025

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Hypersonic Missiles Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market size of hypersonic missiles has expanded swiftly over the recent past. It is forecasted to rise from a value of $132.69 billion in 2024 to $146.07 billion in 2025, representing a compound annual growth rate (CAGR) of 10.1%. The historical growth pattern is owed to factors such as modernization programs in the military, escalating geopolitical conflicts and arms competition, strategic deterrence and national security concerns, heightened threat awareness, and augmented defense budgets.

Hypersonic Missiles Market Size Forecast: What's the Projected Valuation by 2029?
It is projected that the hypersonic missiles market will witness robust growth in the upcoming years, with an estimated valuation of $204.58 billion by 2029 and an annual growth rate of 8.8%. The surge during this predicted period is due to increased concentration on both offensive and defensive abilities, worldwide military partnerships and collaborations, an escalating demand for accurate strike capabilities, emphasis on scalability and cost-effectiveness, and incorporation into multi-domain operations. Throughout this time, the market will be characterized by swift technological progress, improvements in aerospace technology and hypersonic technology, amplified military funding, and a rise in hypersonic glide vehicles.

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What Are the Drivers Transforming the Hypersonic Missiles Market?
The escalation in endeavors and financial backing by governments and military forces is driving the expansion of the hypersonic missiles market. Increased investment in hypersonic research has been initiated by these sectors in a bid to fortify their defenses. As an illustration, for the 2022 fiscal year, the Pentagon, which serves as the headquarters for the United States Department of Defense, sought a $3.8 billion budget specifically earmarked for hypersonic research. Moreover, the Stockholm International Peace Research Institute, a specialized institution based in Sweden, reported in April 2023 that the global military expenditure hit a new record of $2,240 billion in 2022, marking a 3.7% real-term increase from the prior year. The largest contributors to this figure, accounting for 56% of the worldwide total, were the United States, China, and Russia. The United States dominated as the foremost global military spender with a budget of $877 billion, making up 39% of the worldwide military expenditure. Consequently, the escalating endeavors and financial backing from governments and military forces are projected to spur the growth of the hypersonic missiles market in the future.

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What Long-Term Trends Will Define the Future of the Hypersonic Missiles Market?
Leading nations globally are intensifying their commitment to rolling out long-distance hypersonic initiatives to boost their standing in the market. These Long-Range Hypersonic Programs are military or aeronautic pursuits aimed at the development, study and deployment of hypersonic missile systems with an expanded range. For example, the United States Department of Defense accomplished a flight test for hypersonic weapon components in October 2022. The United States Navy and Army performed the test at NASA's Wallops Flight Facility in Virginia. The objective of this test was to authenticate potential facets of the Navy's conventional Prompt Strike (CPS) as well as the Army's Long-Range Hypersonic initiatives. The examination verified hypersonic missile communication and navigation equipment, along with sophisticated glide vehicles. These hypersonic glide vehicles, launched from a rocket in the upper atmospheric strata, glide to their target at about 3,853 miles (6,200 km) per hour.

Which Segments in the Hypersonic Missiles Market Offer the Most Profit Potential?
The hypersonic missiles market covered in this report is segmented -

1) By Product: Hypersonic Glide Vehicle, Hypersonic Cruise Missile
2) By Application: Wire Guidance, Command Guidance, Terrain Comparison Guidance, Terrestrial Guidance, Inertial Guidance, Beam Rider Guidance, Laser 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

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Which Firms Dominate the Hypersonic Missiles Market by Market Share and Revenue in 2025?
Major companies operating in the hypersonic missiles market include 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

Which Regions Offer the Highest Growth Potential in the Hypersonic Missiles Market?
North America was the largest region in the hypersonic missiles market in 2024. 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, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

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