Rockets and Missiles Market

Rockets and Missiles Market Size, Share, By Product (Missiles, and Rocket), Speed (Supersonic, Subsonic, and Hypersonic), Propulsion (Solid, Liquid, Hybrid, Ramjet, Turbojet, and Others), Launch Mode (Surface-to-Surface, Surface-to-Air, Air-to-Air, Air-to-Surface, Subsea-to-Surface, and Others), Application (Defense, Space Exploration, Commercial Launch Services, and Scientific Research), and Region - Trends, Analysis, and Forecast till 2035

The Rockets and Missiles Market Report offers an in-depth exploration of emerging market trends, driving factors, challenges, and key segments that shape the industry. It includes a thorough examination of regulatory frameworks, company profiles, and the latest industry developments. The report delves into product development, positioning strategies, and the impact of new technologies on the market landscape. By identifying challenges and opportunities, the report provides a detailed roadmap for market growth.

Space exploration and research are the main uses for rockets, which are directed or unguided gas-expelled vehicles. The market for rockets and missiles is growing as a result of increased geopolitical tensions, growing military spending globally, and the modernization of armed forces across the world. To improve its strategic and tactical capabilities, such as missile defense systems, long-range deterrents, and pinpoint assaults, nations are investing in cutting-edge rocket and missile development. According to technical developments including improved propulsion systems, hypersonic weaponry, and guiding technologies, the market for rockets and missiles is growing. Another element propelling the rocket and missiles sector as a whole is the increasing need for satellite deployment and space exploration, which also drives rocket development.

Report Highlights:

Rockets and missiles market size is valuated at USD 69.5 Billion in 2025.

Target Market size is estimated to be valuated at USD 105.0 Billion by 2035 and at a CAGR of 4.6%.

The rockets and missiles market are dominated by missiles, on the account of product.

Based on the speed, rockets and missiles market has been taken over by supersonic missiles.

Solid propulsion is the predominant technology in rockets and missiles market share.

Based on the launch mode, the most popular launch method for rockets and missiles is surface-to-surface.

The defense commands the greatest market share in the rocket and missiles market, on the basis of application.

The highest market share in the rockets and missiles market is held by hypermarkets and supermarkets.

North America is dominating region in the rockets and missiles market share.

The Asia Pacific region is seeing the fastest growth in the rockets and missiles market.

Key Highlights:

• In June 2025, A significant milestone has been reached with the successful launch of UP Aerospace's high-performance Spyder rocket. At 7:00 AM MST, the maiden flight took place at Launch Complex 36, launching a new era of hypersonic mission capabilities. The mission went above the threshold of hypersonic speeds when the 20-year-old UP Aerospace SpaceLoft rocket blasts.

Report Analysis:

The Strategic Advantages of Missiles in Modern Warfare:

The benefits of missiles have established them as essential resources for contemporary armed forces in the constantly changing field of military technology. Their strategic importance, accuracy, long-range capabilities, and adaptability greatly influence how military operations turn out. The importance of missiles in offering practical and efficient responses for contemporary warfare is only going to increase as long as countries keep investing in cutting-edge missile systems.

Segmentation:

By Product:

• Missiles
• Rocket

By Speed:

• Supersonic
• Subsonic
• Hypersonic

By Propulsion:

• Solid
• Liquid
• Hybrid
• Ramjet
• Turbojet
• Others

By Launch Mode:

• Surface-to-Surface
• Surface-to-Air
• Air-to-Air
• Air-to-Surface
• Subsea-to-Surface
• Others

By Application:

• Defense
• Space Exploration
• Commercial Launch Services
• Scientific Research

By Region:

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Russia
• Italy
• Spain
• Netherlands
• Rest of Europe
• Asia Pacific
• China
• India
• Japan
• Australia
• Indonesia
• Malaysia
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Argentina
• Rest of Latin America
• Middle East & Africa
• GCC
• Israel
• South Africa
• Rest of Middle East & Africa

Rockets and Missiles Market Companies:

Lockheed Martin Corporation

Northrop Grumman

BAE Systems

Thales

Saab

Elbit Systems Ltd

RAFAEL Advanced Defense Systems Ltd.

General Atomics.

RTX

MBDA

Denel Dynamics

L3Harris Technologies, Inc.

Kongsberg Defence & Aerospace

Walchandnagar Industries Ltd.

Tata Advanced Systems Limited

What You’ll Gain from This Report:

• Regional & Country-Specific Insights: Unlock detailed market share analysis across key regions and countries, empowering you to pinpoint growth opportunities and optimize your strategic positioning.
• Guidance for Market Entry: Expert-backed strategies to overcome entry barriers, establish a foothold, and accelerate expansion in new or competitive markets.
• Reliable Long-Term Forecasts: Data-driven projections from 2025 to 2035, including pivotal milestones for 2025, 2026, and 2030, ensuring confident, future-proof investments.
• In-Depth Market Trend Analysis: Explore the forces shaping the industry—drivers, challenges, emerging opportunities, and risks—along with insights into high-growth sectors and potential obstacles.
• Proven Business Strategies: Actionable, data-backed recommendations tailored to key market segments, helping you maximize profitability and outperform competitors.
• Competitive Intelligence: Stay ahead with a clear view of industry trends, competitor strategies, and untapped market potential to refine your approach.
• Exclusive Company Profiles: In-depth analysis of top market players, including business models, financial performance, strategic initiatives, and recent developments.
• Innovative Supply Chain Trends: Discover the latest technological advancements transforming supply chains—boosting efficiency, cutting costs, and driving innovation.

This report provides the strategic intelligence you need to navigate a dynamic market landscape and make decisions that propel long-term success.

FAQs:

Key Questions Answered in the Report.

1. What was the Rockets and Missiles Market size in 2025?

2. What is projected growth rate of the Rockets and Missiles Market during 2025-2035?

3. What are the key factors driving the Rockets and Missiles Market growth?

4. What are leading players in the Rockets and Missiles Market ?

5. What are the key regions analyzed in the Rockets and Missiles Market ?

6. Which region is dominating in the Rockets and Missiles Market ? Show more