Hypersonic Vehicle Market is expected to reach US$ 19.66 billion by 2033 | Major players - Lockheed Martin Corporation, RTX, Northrop Grumman, The Boeing Company.

Market Size and Growth:

The Global Hypersonic Vehicle Market size reached US$ 6.76 billion in 2023, with a rise to US$ 7.44 billion in 2024, and is expected to reach US$ 19.66 billion by 2033, growing at a CAGR of 11.4% during the forecast period 2025-2033.

The Hypersonic Vehicle Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Through a combination of qualitative and quantitative research methods, it offers comprehensive reports that help clients navigate complex market landscapes, drive strategic growth, and seize new opportunities in an ever-evolving global market.

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The Hypersonic Vehicle Market refers to the global industry involved in the development, production, and deployment of vehicles capable of traveling at speeds exceeding Mach 5, including hypersonic glide vehicles and cruise systems, for military, space, and research applications, driven by advancements in propulsion, materials, guidance technologies, and rising defense modernization and strategic deterrence programs worldwide.

Recent Key Developments of United States:

✅ December 2025: Japan's Ministry of Defense initiated mass production of the upgraded Type 03 Chu-SAM Kai air defense system, designed for intercepting hypersonic glide vehicles and ballistic missiles. This accelerates fielding amid regional threats.​

✅ November 2025: The Japan Self-Defense Force conducted deployment tests of the Hyper Velocity Gliding Projectile (HVGP) hypersonic missile system, confirming operational procedures across various environments. Mass production of Block 1 is advancing for 2026 deployment.

✅ October 2025: Japan tested a space-based infrared sensor system on the HTV-X to track hypersonic missiles, enhancing early detection capabilities against glide vehicles. This supports Japan's dual goals of developing its own hypersonic weapons and improving defenses.​

Recent Key Developments of Japan:

✅ January 2026: Kratos secured a $1.45 billion contract for the MACH-TB 2.0 program to ramp up hypersonic test flights, involving partners like Rocket Lab. A new Maryland facility supports this expansion.

✅ December 2025: U.S. Army and Navy completed a successful end-to-end flight test of the Common Hypersonic Glide Body, building toward operational fielding despite earlier launcher issues. This marks progress in hypersonic 2.0 capabilities.​

✅ October 2025: The U.S. Army missed its end-2025 deadline for fielding the Long-Range Hypersonic Weapon (LRHW, or Dark Eagle), with full integration delayed to early 2026. This follows prior testing setbacks.​

List of the Key Players in the Hypersonic Vehicle Market:

Lockheed Martin Corporation
RTX
Northrop Grumman
The Boeing Company
BAE Systems
Thales
MBDA
L3Harris Technologies, Inc
HERMEUS CORP
Hypersonix Launch Systems Pty Ltd

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This Report Covers:

✔ Go-to-market Strategy.

✔ Neutral perspective on the market performance.

✔Development trends, competitive landscape analysis, supply side analysis, demand side analysis, year-on-year growth, competitive benchmarking, vendor identification, and other significant analysis, as well as development status.

✔Customized regional/country reports as per request and country level analysis.

✔ Potential & niche segments and regions exhibiting promising growth covered.

✔ Analysis of Market Size (historical and forecast), Total Addressable Market (TAM), Serviceable Available Market (SAM), Serviceable Obtainable Market (SOM), Market Growth, Technological Trends, Market Share, Market Dynamics, Competitive Landscape and Major Players (Innovators, Start-ups, Laggard, and Pioneer).

Segments Covered in the Hypersonic Vehicle Market:

By Vehicle Type: Hypersonic Glide Vehicles (HGVs), Hypersonic Cruise Missiles, Hypersonic Aircraft and Spaceplanes.

By Component: Propulsion Systems, Aero structures and Materials, Avionics and Guidance Systems, Warheads.

By Application: Military and Defense, Space Exploration and Satellite Deployment, Commercial Aviation.

Regional Analysis:

⇥ North America (U.S., Canada, Mexico)

⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)

⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)

⇥ South America (Colombia, Brazil, Argentina, Rest of South America)

⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)

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Chapter Outline

⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Hypersonic Vehicle market segments, study objectives, and years considered.

⏩ Market Landscape: The competition in the Global Hypersonic Vehicle Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.

⏩ Companies Profiles: The Global Hypersonic Vehicle market's leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.

⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.

⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Hypersonic Vehicle Market.

⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.

⏩ Research Findings: This section of the report showcases the findings and analysis of the report.

⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.

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