Asia-Pacific (APAC) Missile Market by (Cruise, Ballistic, Interceptors, Anti-Tank, Anti-Ship, Submarine Launched Missiles), Component (Airframe, Guidance, Navigation, Control, Propulsion, Warhead, Battery), Speed, End User - Regional Forecast to 2030

The Asia-Pacific (APAC) missile market is estimated to be USD 3.69 billion in 2025. It is projected to reach USD 6.26 billion by 2030 at a CAGR of 11.1%. Rising geopolitical friction across Asia Pacific has compelled regional governments to overhaul their missile inventories and bolster layered air and maritime defenses against advanced threats. India and South Korea are expanding their domestic manufacturing capabilities—integrating indigenously developed seeker heads and propulsion units into home-grown missile platforms to reduce reliance on external suppliers. Concurrently, strategic alliances with top European and American defense firms accelerate technology transfer, enabling local manufacturers to shorten development cycles and rapidly field state-of-the-art precision-strike systems.

“The supersonic segment is projected to lead the market during the forecast period”

By speed, the supersonic segment is projected to command the largest share of the market because supersonic missiles strike an optimal balance between cost, range, and survivability. They operate at Mach 1–Mach 5 speed—from coastal defense to medium-range strike—without the complexity and expense of hypersonic technology. Moreover, established production lines in India, South Korea, and Japan keep the unit costs of these missiles competitive. At the same time, propulsion subsystems ensure rapid fielding and interoperability with existing air‐ and naval-defense networks. This combination of affordability, maturity, and tactical flexibility has driven widespread procurement of supersonic systems across the region.

“The navy segment is estimated to account for the largest share in 2025”

Naval forces dominate Asia Pacific missile procurement because the region’s vital sea lanes, offshore resources, and island chains demand robust maritime strike and defense capabilities. Coastal states—from China and India to Australia and Indonesia—invest heavily in ship-launched anti-ship, land-attack, and anti-air missiles to protect trade routes, deter naval incursions, and secure exclusive economic zones. Moreover, modern surface combatants and submarines increasingly rely on versatile missile systems for offensive reach and layered air defense, driving up volumes and spurring economies of scale in naval-specific production lines. This convergence of strategic necessity, fleet modernization, and high-volume requirements has driven the growth of the navy segment in the Asia-Pacific (APAC) missile market, by end user.

“India is projected to be the dominant player in the Asia-Pacific (APAC) missile market during the forecast period”

India’s ascent as an Asia-Pacific (APAC) missile market powerhouse rests on its sustained investment in indigenous R&D, a burgeoning private-sector manufacturing ecosystem, and an ambitious export agenda. Backed by one of the region’s fastest-growing defense budgets, India has fielded a family of home-grown systems—from the Akash surface-to-air missile to the BrahMos-II scramjet cruise missile—while forging technology partnerships with global leaders to bridge capability gaps. Initiatives like “Project Kusha” and the upcoming hypersonics corridor underscore India’s drive for self-reliance, even as its skilled supply chain and competitive cost structure position it to win contracts across Southeast Asia and beyond. This combination of technical depth, production scale, and export-ready solutions makes India uniquely qualified to lead growth in the Asia-Pacific (APAC) missile market.

The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

• By Company Type: Tier 1–49%; Tier 2–37%; and Tier 3–14%
• By Designation: C Level Executives–55%; Directors–27%; and Others–18%

RTX Corporation (US), Mitsubishi Heavy Industries Ltd. (Japan), LIG Nex1 (South Korea), MBDA (France), and Bharat Dynamics Limited (India) are some of the leading players operating in the Asia-Pacific (APAC) missile market.

Research Coverage

This research report categorizes the Asia-Pacific (APAC) missile market based on type (surface-to-surface, surface-to-air, air-to-air, air-to-surface, subsea-to-surface), component (missile airframe; guidance, navigation & control; propulsion system; warhead section, power supply), speed (subsonic, supersonic and hypersonic), end user (Army, Navy, Airforce). These segments have been mapped across major regions: India, Japan, South Korea, Australia, Taiwan, Singapore, Indonesia, Vietnam, and the Rest of Asia Pacific. The report’s scope covers detailed information regarding the major factors, such as drivers, restraints, challenges, and opportunities, influencing the growth of the Asia-Pacific (APAC) missile market. A detailed analysis of the key industry players has provided insights into their business overviews, solutions & services, key strategies, contracts, joint ventures, partnerships & agreements, acquisitions, and product launches in this market. The report includes a competitive analysis of upcoming startups in the Asia-Pacific (APAC) missile market ecosystem.

Key Benefits of Buying this Report

This report will help market leaders/entrants with information on the closest approximations of the revenue numbers for the Asia-Pacific (APAC) missile market and its subsegments. It covers the entire market ecosystem and is expected to help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report will also help stakeholders understand the market’s pulse and provide them with information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

• Market Penetration: Comprehensive information on missiles offered by top players
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches
• Market Development: Comprehensive information about lucrative markets across varied regions
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the Asia-Pacific (APAC) missile market
• Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the Asia-Pacific (APAC) missile market

Tables List

Table 1 Apac Missile Market: Inclusions & Exclusions

Table 2 Usd Exchange Rates

Table 3 Bottom-up Approach For Apac Missile Market

Table 4 Risk Assessment Of Research Limitations

Table 5 Asia Pacific: Ongoing Missile R&D Programs

Table 6 Asia Pacific: Indigenous Missile Production Capabilities

Table 7 Asia Pacific: Trilateral Defense Collaboration Milestones In Missile Domain (2022–2025)

Table 8 Asia Pacific: Key Dual-use Technology Investment Initiatives (2020–2024)

Table 9 Role Of Companies In Ecosystem

Table 10 Indicative Pricing Analysis Of Missiles, By Type (Usd Million)

Table 11 Indicative Pricing Analysis, By Component (Usd Million)

Table 12 Bill Of Materials (Bom) Analysis For Missiles

Table 13 Asia Pacific: Evolution Of Missile Technologies

Table 14 Key Conferences And Events, 2024−2026

Table 15 Tariffs For Bombs, Grenades, Torpedos, Mines, Missiles, Other Ammunition And Projectiles, And Parts (Hs Code: 930690)

Table 16 Asia Pacific: Regulatory Bodies, Government Agencies,

And Other Organizations

Table 17 Influence Of Stakeholders On Buying Process, By Speed (%)

Table 18 Key Buying Criteria For Missiles, By Type

Table 19 Us: Imported Missile Volume, 2020―2024

Table 20 Asia Pacific Missile Market: List Of Major Patents (2021–2025)

Table 21 Apac Missile Market, By Type, 2021–2024 (Usd Million)

Table 22 Apac Missile Market, By Type, 2025–2030 (Usd Million)

Table 23 Apac Surface-to-surface Missiles Market, By Type,

2021–2024 (Usd Million)

Table 24 Apac Surface-to-surface Missiles Market, By Type,

2025–2030 (Usd Million)

Table 25 Apac Surface-to-air Missile Market, By Type, 2021–2024 (Usd Million)

Table 26 Apac Surface-to-air Missile Market, By Type, 2025–2030 (Usd Million)

Table 27 Apac Air-to-air Missile Market, By Type, 2021–2024 (Usd Million)

Table 28 Apac Air-to-air Missile Market, By Type, 2025–2030 (Usd Million)

Table 29 Apac Air-to-surface Missile Market, By Type, 2021–2024 (Usd Million)

Table 30 Apac Air-to-surface Missile Market, By Type, 2025–2030 (Usd Million)

Table 31 Apac Subsea-to-surface Missile Market, By Type,

2021–2024 (Usd Million)

Table 32 Apac Subsea-to-surface Missile Market, By Type,

2025–2030 (Usd Million)

Table 33 Apac Missile Market, By Component, 2021–2024 (Usd Million)

Table 34 Apac Missile Market, By Component, 2025–2030 (Usd Million)

Table 35 Apac Missile Guidance, Navigation, And Control Market, By Component, 2021–2024 (Usd Million)

Table 36 Apac Missile Guidance, Navigation, And Control Market, By Component, 2025–2030 (Usd Million)

Table 37 Apac Missile Propulsion Systems Market, By Component,

2021–2024 (Usd Million)

Table 38 Apac Missile Propulsion Systems Market, By Component,

2025–2030 (Usd Million)

Table 39 Apac Missile Warheads Market, By Component, 2021–2024 (Usd Million)

Table 40 Apac Missile Warheads Market, By Component, 2025–2030 (Usd Million)

Table 41 Apac Missile Power Supply Market, By Type, 2021–2024 (Usd Million)

Table 42 Apac Missile Power Supply Market, By Type, 2025–2030 (Usd Million)

Table 43 Apac Missile Market, By Speed, 2021–2024 (Usd Million)

Table 44 Apac Missile Market, By Speed, 2025–2030 (Usd Million)

Table 45 Apac Missile Market, By End User, 2021–2024 (Usd Million)

Table 46 Apac Missile Market, By End User, 2025–2030 (Usd Million)

Table 47 Asia Pacific Missile Market, By Country, 2021–2024 (Usd Million)

Table 48 Asia Pacific Missile Market, By Country, 2025–2030 (Usd Million)

Table 49 India: Missile Market, By Type, 2021–2024 (Usd Million)

Table 50 India: Missile Market, By Type, 2025–2030 (Usd Million)

Table 51 India: Missile Market, By Speed, 2021–2024 (Usd Million)

Table 52 India: Missile Market, By Speed, 2025–2030 (Usd Million)

Table 53 India: Missile Market, By End User, 2021–2024 (Usd Million)

Table 54 India: Missile Market, By End User, 2025–2030 (Usd Million)

Table 55 Japan: Missile Market, By Type, 2021–2024 (Usd Million)

Table 56 Japan: Missile Market, By Type, 2025–2030 (Usd Million)

Table 57 Japan: Missile Market, By Speed, 2021–2024 (Usd Million)

Table 58 Japan: Missile Market, By Speed, 2025–2030 (Usd Million)

Table 59 Japan: Missile Market, By End User, 2021–2024 (Usd Million)

Table 60 Japan: Missile Market, By End User, 2025–2030 (Usd Million)

Table 61 South Korea: Missile Market, By Type, 2021–2024 (Usd Million)

Table 62 South Korea: Missile Market, By Type, 2025–2030 (Usd Million)

Table 63 South Korea: Missile Market, By Speed, 2021–2024 (Usd Million)

Table 64 South Korea: Missile Market, By Speed, 2025–2030 (Usd Million)

Table 65 South Korea: Missile Market, By End User, 2021–2024 (Usd Million)

Table 66 South Korea: Missile Market, By End User, 2025–2030 (Usd Million)

Table 67 Australia: Missile Market, By Type, 2021–2024 (Usd Million)

Table 68 Australia: Missile Market, By Type, 2025–2030 (Usd Million)

Table 69 Australia: Missile Market, By Speed, 2021–2024 (Usd Million)

Table 70 Australia: Missile Market, By Speed, 2025–2030 (Usd Million)

Table 71 Australia: Missile Market, By End User, 2021–2024 (Usd Million)

Table 72 Australia: Missile Market, By End User, 2025–2030 (Usd Million)

Table 73 Taiwan: Missile Market, By Type, 2021–2024 (Usd Million)

Table 74 Taiwan: Missile Market, By Type, 2025–2030 (Usd Million)

Table 75 Taiwan: Missile Market, By Speed, 2021–2024 (Usd Million)

Table 76 Taiwan: Missile Market, By Speed, 2025–2030 (Usd Million)

Table 77 Taiwan: Missile Market, By End User, 2021–2024 (Usd Million)

Table 78 Taiwan: Missile Market, By End User, 2025–2030 (Usd Million)

Table 79 Singapore: Missile Market, By Type, 2021–2024 (Usd Million)

Table 80 Singapore: Missile Market, By Type, 2025–2030 (Usd Million)

Table 81 Singapore: Missile Market, By Speed, 2021–2024 (Usd Million)

Table 82 Singapore: Missile Market, By Speed, 2025–2030 (Usd Million)

Table 83 Singapore: Missile Market, By End User, 2021–2024 (Usd Million)

Table 84 Singapore: Missile Market, By End User, 2025–2030 (Usd Million)

Table 85 Indonesia: Missile Market, By Type, 2021–2024 (Usd Million)

Table 86 Indonesia: Missile Market, By Type, 2025–2030 (Usd Million)

Table 87 Indonesia: Missile Market, By Speed, 2021–2024 (Usd Million)

Table 88 Indonesia: Missile Market, By Speed, 2025–2030 (Usd Million)

Table 89 Indonesia: Missile Market, By End User, 2021–2024 (Usd Million)

Table 90 Indonesia: Missile Market, By End User, 2025–2030 (Usd Million)

Table 91 Vietnam: Missile Market, By Type, 2021–2024 (Usd Million)

Table 92 Vietnam: Missile Market, By Type, 2025–2030 (Usd Million)

Table 93 Vietnam: Missile Market, By Speed, 2021–2024 (Usd Million)

Table 94 Vietnam: Missile Market, By Speed, 2025–2030 (Usd Million)

Table 95 Vietnam: Missile Market, By End User, 2021–2024 (Usd Million)

Table 96 Vietnam: Missile Market, By End User, 2025–2030 (Usd Million)

Table 97 Rest Of Asia Pacific: Missile Market, By Type, 2021–2024 (Usd Million)

Table 98 Rest Of Asia Pacific: Missile Market, By Type, 2025–2030 (Usd Million)

Table 99 Rest Of Asia Pacific: Missile Market, By Speed, 2021–2024 (Usd Million)

Table 100 Rest Of Asia Pacific: Missile Market, By Speed, 2025–2030 (Usd Million)

Table 101 Rest Of Asia Pacific: Missile Market, By End User,

2021–2024 (Usd Million)

Table 102 Rest Of Asia Pacific: Missile Market, By End User,

2025–2030 (Usd Million)

Table 103 Overview Of Strategies Adopted By Key Players In Asia Pacific Missile Market, 2020–2024

Table 104 Asia Pacific Missile Market: Degree Of Competition

Table 105 Asia Pacific Missile Market: Speed Footprint

Table 106 Asia Pacific Missile Market: Type Footprint

Table 107 Asia Pacific Missile Market: Detailed List Of Key Startups/Smes

Table 108 Asia Pacific Missile Market: Competitive Benchmarking Of Startups/Smes

Table 109 Asia Pacific Missile Market: Deals, January 2021–may 2025

Table 110 Asia Pacific Missile Market: Expansions, January 2021–may 2025

Table 111 Asia Pacific Missile Market: Other Developments,

January 2021–may 2025

Table 112 Rtx: Company Overview

Table 113 Rtx: Products Offered

Table 114 Rtx: Other Developments, January 2021–may 2025

Table 115 Mitsubishi Heavy Industries, Ltd.: Company Overview

Table 116 Mitsubishi Heavy Industries, Ltd.: Products Offered

Table 117 Mitsubishi Heavy Industries, Ltd.: Other Developments,

January 2021–may 2025

Table 118 Lig Nex1: Company Overview

Table 119 Lig Nex1: Products Offered

Table 120 Lig Nex1: Other Developments, January 2021–may 2025

Table 121 Mbda: Company Overview

Table 122 Mbda: Products Offered

Table 123 Mbda: Deals, January 2021–may 2025

Table 124 Bharat Dynamics Limited: Company Overview

Table 125 Bharat Dynamics Limited: Products Offered

Table 126 Bharat Dynamics Limited: Deals, January 2021–may 2025

Table 127 Bharat Dynamics Limited: Expansions, January 2021–may 2025

Table 128 Bharat Dynamics Limited: Other Developments, January 2021–may 2025

Table 129 Brahmos Aerospace Private Limited: Company Overview

Table 130 Brahmos Aerospace Private Limited: Products Offered

Table 131 Brahmos Aerospace Private Limited, January 2021–may 2025

Table 132 Brahmos Aerospace Private Limited: Expansions,

January 2021–may 2025

Table 133 Brahmos Aerospace Private Limited: Other Developments, January 2021–may 2025

Table 134 Vem Technologies: Company Overview

Table 135 Vem Technologies: Products Offered

Table 136 Vem Technologies: Other Developments, January 2021–may 2025

Table 137 Adani Defence And Aerospace: Company Overview

Table 138 Adani Defence And Aerospace: Products Offered

Table 139 Adani Defence And Aerospace: Deals, January 2021–may 2025

Table 140 Adani Defence And Aerospace: Expansions, January 2021–may 2025

Table 141 Kalyani Rafael Advanced Systems Pvt. Ltd.: Company Overview

Table 142 Kalyani Rafael Advanced Systems Pvt. Ltd.: Products Offered

Table 143 Kalyani Rafael Advanced Systems Pvt. Ltd.: Other Developments, January 2021–may 2025

Table 144 L&T Mbda Missile Systems Limited: Company Overview

Table 145 L&T Mbda Missile Systems Limited: Products Offered

Table 146 L&T Mbda Missile Systems Limited: Other Developments,

January 2021–may 2025

Table 147 Hanwha Group: Company Overview

Table 148 Hanwha Group: Products Offered

Table 149 Ncsist: Company Overview

Table 150 Ncsist: Products Offered

Table 151 Lockheed Martin Corporation: Company Overview

Table 152 Lockheed Martin Corporation: Products Offered

Table 153 Lockheed Martin Corporation: Other Developments,

January 2021–may 2025

Table 154 Northrop Grumman: Company Overview

Table 155 Northrop Grumman: Products Offered

Table 156 Northrop Grumman: Other Developments, January 2021–may 2025

Table 157 Rafael Advanced Defense Systems Ltd.: Company Overview

Table 158 Rafael Advanced Defense Systems Ltd.: Products Offered

Table 159 Rosoboronexport: Company Overview

Table 160 Rosoboronexport: Products Offered

Table 161 Rosoboronexport: Deals, January 2021–may 2025

Table 162 Rosoboronexport: Other Developments, January 2021–may 2025

Figures List

Figure 1 Apac Missile Market: Markets & Regions Covered

Figure 2 Research Design Model

Figure 3 Research Design

Figure 4 Bottom-up Approach

Figure 5 Top-down Approach

Figure 6 Data Triangulation

Figure 7 Surface-to-surface To Hold Largest Market Share In 2025

Figure 8 Hypersonic To Register Highest Cagr During Forecast Period

Figure 9 Army To Secure Leading Position During Forecast Period

Figure 10 Guidance, Navigation, And Control To Hold Largest Share Of Components Market During Forecast Period

Figure 11 Surface-to-surface Segment To Account For Highest Share In 2030

Figure 12 Supersonic Segment To Dominate Market In 2025

Figure 13 Guidance, Navigation, And Control To Retain Market Dominance During Forecast Period

Figure 14 Air Force To Register Highest Demand For Missiles And Missile Parts Throughout Forecast Period

Figure 15 Asia Pacific Missile Market: Drivers, Restraints, Opportunities, Challenges

Figure 16 Asia Pacific Missile Market: Ecosystem Analysis

Figure 17 Asia Pacific Missile Market: Trends And Disruptions Impacting Customers’ Businesses

Figure 18 Asia Pacific Missile Market: Value Chain Analysis

Figure 19 Bill Of Materials For Missiles

Figure 20 Asia Pacific: Roadmap For Missile Technologies

Figure 21 Import Data For Hs Code 930690, By Country,

2020–2024 (Usd Thousand)

Figure 22 Export Data Of Hs Code 930690, By Country, 2020–2024 (Usd Thousand)

Figure 23 Influence Of Stakeholders On Buying Process, By Speed

Figure 24 Key Buying Criteria For Missiles, By Type

Figure 25 Asia Pacific Missile Market: Investment And Funding Scenario

Figure 26 Asia Pacific Missile Market: Supply Chain Analysis

Figure 27 Asia Pacific Missile Market: Overview Of Patents Granted

Figure 28 Apac Missile Market, By Type, 2025–2030 (Usd Million)

Figure 29 Warhead Segment To Lead Market During Forecast Period

Figure 30 Hypersonic Segment To Register Highest Growth

Figure 31 Air Force To Lead Market During Forecast Period

Figure 32 Asia Pacific Missile Market Snapshot

Figure 33 Revenue Analysis Of Top Five Players, 2021–2024

Figure 34 Asia Pacific Missile Market Share Analysis Of Key Players, 2024

Figure 35 Asia Pacific Missile Market: Brand/Product Comparative Analysis

Figure 36 Financial Metrics Of Prominent Players

Figure 37 Valuation Of Prominent Players

Figure 38 Asia Pacific Missile Market: Company Evaluation Matrix

(Key Players), 2024

Figure 39 Asia Pacific Missile Market: Company Footprint

Figure 40 Asia Pacific Missile Market: Company Evaluation Matrix (Startups/Smes), 2024

Figure 41 Rtx: Company Snapshot

Figure 42 Mitsubishi Heavy Industries, Ltd.: Company Snapshot

Figure 43 Lig Nex1: Company Snapshot

Figure 44 Bharat Dynamics Limited: Company Snapshot

Figure 45 Hanwha Aerospace: Company Snapshot

Figure 46 Lockheed Martin Corporation: Company Snapshot

Figure 47 Northrop Grumman: Company Snapshot

Figure 48 Rafael Advanced Defense Systems Ltd.: Company Snapshot