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Global Supersonic and Hypersonic Missiles Market 2018-2022

Global Supersonic and Hypersonic Missiles Market 2018-2022

About Supersonic and Hypersonic Missiles

Cruise missiles that can travel at speeds ranging from 2 to 3 Mach are known as supersonic cruise missiles. Variants with a speed of than 5 Mach are called hypersonic missiles; a Mach is equivalent to 636.28 mph. These cruise missiles have enhanced maneuverability and other sophisticated capabilities powered by stealth technology, which enables them to bypass the missile defense systems by cruising at low altitudes and move undetected.

Technavio’s analysts forecast the global supersonic and hypersonic missiles market to grow at a CAGR of 7.23% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global supersonic and hypersonic missiles market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Supersonic and Hypersonic Missiles Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • Lockheed Martin
  • Raytheon
  • Boeing
  • Northrop Grumman
Market driver
  • Increasing number of territorial conflicts
  • For a full, detailed list, view our report
Market challenge
  • Less cost-effectiveness toward missile fabrication
  • For a full, detailed list, view our report
Market trend
  • Advent of scramjet technology
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Supersonic and Hypersonic Missiles Market 2018-2022

Technavio recognizes the following companies as the key players in the global supersonic and hypersonic missiles market: Lockheed Martin, Raytheon, Boeing, and Northrop Grumman.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is advent of scramjet technology. An engine that utilizes the oxygen in the atmosphere for combustion instead of carrying the oxygen tanks onboard for combustion is known as scramjet engine. The technology achieves this by forcing air at supersonic speed and igniting the fuel without decelerating the speed of the input air.”

According to the report, one driver in the market is increasing number of territorial conflicts. A major driver for the development of supersonic and hypersonic missiles is the increasing number of territorial conflicts. Territorial conflicts refer to diplomatic disputes over the possession or control of land between two or more sovereign states or other entities, which may escalate to serious disagreements and even militarized confrontations as observed in the history.

Further, the report states that one challenge in the market is less cost-effectiveness toward missile fabrication. As the hypersonic missile technology is the backbone of one of the most advanced weapon missile systems, it has faced several technologies challenges. During tests, low sustenance of the test vehicle at hypersonic speeds led to various design and material challenges that took years to be resolved.

Companies Mentioned

Boeing
Lockheed Martin
Northrop Grumman
Raytheon

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
    • Segments of the parent market
      • Table Global missile market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global supersonic and hypersonic missiles - Market size and forecast 2017-2022 ($ mn)
      • Table Global supersonic and hypersonic missiles market - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by launch mode
    • Segmentation by launch mode
      • Table Launch mode - Market share 2017-2022 (%)
    • Comparison by launch mode
      • Table Comparison by launch mode
    • Surface-to-surface - Market size and forecast 2017-2022
      • Table Surface-to-Surface - Market size and forecast 2017-2022 ($ mn)
      • Table Surface-to-surface - Year-over-year growth 2018-2022 (%)
    • Sea-to-sea - Market size and forecast 2017-2022
      • Table Sea-to-sea - Market size and forecast 2017-2022 ($ mn)
      • Table Sea-to-sea - Year-over-year growth 2018-2022 (%)
    • Air-to-surface - Market size and forecast 2017- 2022
      • Table Air-to-surface - Market size and forecast 2017-2022 ($ mn)
      • Table Air-to-surface - Year-over-year growth 2018-2022 (%)
    • Sea-to-surface - Market size and forecast 2017- 2022
      • Table Sea-to-surface - Market size and forecast 2017-2022 ($ mn)
      • Table Sea-to-surface - Year-over-year growth 2018-2022 (%)
    • Market opportunity by launch mode
      • Table Market opportunity by launch mode
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
    • APAC - Market size and forecast 2017-2022
      • Table APAC- Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Status of supersonic and hypersonic technology in APAC
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • Advent of scramjet technology
    • Growing use of hypersonic glide vehicles
    • Reducing missile weight
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Boeing
      • Table Boeing - Vendor overview
      • Table Boeing - Business segments
      • Table Boeing - Organizational developments
      • Table Boeing - Geographic focus
      • Table Boeing - Segment focus
      • Table Boeing - Key offerings
    • Lockheed Martin
      • Table Lockheed Martin - Vendor overview
      • Table Lockheed Martin - Business segments
      • Table Lockheed Martin - Organizational developments
      • Table Lockheed Martin - Geographic focus
      • Table Lockheed Martin - Segment focus
      • Table Lockheed Martin - Key offerings
    • Northrop Grumman
      • Table Northrop Grumman - Vendor overview
      • Table Northrop Grumman - Business segments
      • Table Northrop Grumman - Organizational developments
      • Table Northrop Grumman - Geographic focus
      • Table Northrop Grumman - Segment focus
      • Table Northrop Grumman - Key offerings
    • Raytheon
      • Table Raytheon - Vendor overview
      • Table Raytheon - Business segments
      • Table Raytheon - Organizational developments
      • Table Raytheon - Geographic focus
      • Table Raytheon - Segment focus
      • Table Raytheon - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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