Supersonic And Hypersonic Weapons Market Size and Share
Market Overview
| Study Period | 2020 - 2031 |
|---|---|
| Market Size (2026) | USD 22.77 Billion |
| Market Size (2031) | USD 39.56 Billion |
| Growth Rate (2026 - 2031) | 11.68% CAGR |
| Fastest Growing Market | Asia-Pacific |
| Largest Market | North America |
| Market Concentration | Medium |
Major Players *Disclaimer: Major Players sorted in no particular order Image © Mordor Intelligence. Reuse requires attribution under CC BY 4.0. | |
Supersonic And Hypersonic Weapons Market Analysis by Mordor Intelligence
The Supersonic And Hypersonic Weapons Market is expected to grow from USD 20.39 billion in 2025 to USD 22.77 billion in 2026 and is forecast to reach USD 39.56 billion by 2031 at 11.68% CAGR over 2026-2031.
The COVID-19 pandemic had a profoundly negative impact on the global economy in 2020. Although defense spending is on an increasing trend in 2020, the economic effects of the pandemic may prompt governments to reduce the growth levels of defense spending in the years to come, thereby affecting R&D spending. This might affect the Supersonic and Hypersonic Weapons Market during the forecast period.
Countries such as Russia, China, India, and the United States are advancing research in various advanced hypersonic weapon technologies, and many more countries are expected to join the race in the future. The growing number of partnerships between companies in developing supersonic and hypersonic weapons is helping technological advancements in the industry.
The increasing global conflicts and the belief in deterrence theory are propelling nations to develop advanced nuclear-capable supersonic and hypersonic weapons, thereby driving market growth.
Note: Market size and forecast figures in this report are generated using Mordor Intelligence’s proprietary estimation framework, updated with the latest available data and insights as of January 2026.
Global Supersonic And Hypersonic Weapons Market Trends and Insights
Missile Segment Registered the Highest Revenue Share in 2020
The missile segment currently has the highest share in the market. This is mainly due to the increasing procurement of missiles by various countries in the world. While cruise missiles are among the most procured missiles, research is also in progress for developing advanced ballistic missiles, especially hypersonic. Several countries have developed their missile defense programs to counter threats from other countries. For instance, as a part of the Indian Ballistic Missile Defence Programme, an initiative to create and deploy a multi-layered ballistic missile defense system to protect India from ballistic missile attacks, the country is procuring supersonic and hypersonic missiles from various countries, in addition to developing its ballistic missiles. Also, countries in the Middle East, like Israel and Iran, are testing and including supersonic and hypersonic missiles in their armory in the wake of rising political tensions in the region. In October 2021, Lockheed Martin and Israel Aerospace Industries (IAI) announced their partnership to develop a hypersonic interceptor missile, boosting Israeli air defense capabilities. Such developments are expected to further drive the growth of the segment during the forecast period.
Europe was the Largest Market for Supersonic and Hypersonic Weapons in the World in 2020
Due to major developments in supersonic and hypersonic weapon technologies by many countries in the region, Europe remained the largest revenue generator for supersonic and hypersonic weapons. Russia has been the primary demand-generating country in the region. The country is progressing forward with the development of many advanced missile systems. In November 2021, Russia announced that its navy has successfully test-fired a prospective hypersonic missile. The Defense Ministry said the Admiral Gorshkov frigate in the White Sea launched the Zircon cruise missile, hitting a practice target 400 kilometers (215 nautical miles) away. The launch was the latest in a series of tests of Zircon, which is set to enter service in 2022. Russia has also developed Kh-47M2 Kinzhal ('Dagger') Nuclear-Capable, Air-Launched Ballistic Missile (ALBM) that can attain speeds of more than Mach 10. Likewise, France has also joined the race to develop 'hypersonic' weapons, after China, Russia, and the United States. The country, in January 2019, announced its Project V-MaX, which aims to create a hypersonic glider that has a speed of more than Mach 5 (i.e., nearly 3,700 miles per hour). The country announced that it would carry out the maiden flight of its hypersonic glider, the V-MAX (Véhicule Manoeuvrant Expérimental), by the end of 2021.
Competitive Landscape
Raytheon Technologies Corporation, The Boeing Company, MBDA, Tactical Missiles Corporation, and Lockheed Martin Corporation are some of the major players in the market. Joint ventures, such as the Ariane Group (formed between Airbus SE and Safran SA) and MBDA (a collaboration among Airbus SE, Leonardo Company, and BAE Systems PLC), are predominant in the market.
There are also partnerships between companies that are aimed at developing technologies tailored to the specific requirements of the military. For instance, Raytheon Technologies and Kongsberg Gruppen AS partnered to co-produce a new Naval Strike Missile for the United States. Additionally, a partnership between Raytheon Technologies and Northrop Grumman Corporation is developing air-breathing hypersonic weapons for the US military. Research is also underway for developing advanced technologies in hypersonic weapons, particularly in hypersonic glide vehicles; however, only a few companies possess this technology. Thus, players can target countries that aim to equip themselves with these technologies, thereby gaining new opportunities to increase their market share.
Supersonic And Hypersonic Weapons Industry Leaders
MBDA
Tactical Missiles Corporation
The Boeing Company
Raytheon Technologies Corporation
Lockheed Martin Corporation
- *Disclaimer: Major Players sorted in no particular order
Recent Industry Developments
- October 2021: the United States announced that it has successfully tested hypersonic missile technology at a NASA facility in Virginia. According to the Pentagon, the test demonstrated advanced hypersonic technologies, capabilities, and prototype systems in a realistic operating environment.
- September 2021: the US DOD announced that the Air Force has modified preliminary design review (PDR) contracts with Boeing, Lockheed Martin, and Raytheon for a hypersonic cruise missile. The updated contracts for the Southern Cross Integrated Flight Research Experiment (SCIFiRE) project being developed with Australia grant USD 39.7 million to The Boeing Company, USD 27.2 to Lockheed Martin Corporation, and USD 27.99 million to Raytheon Technologies Corporation.
Global Supersonic And Hypersonic Weapons Market Report Scope
The supersonic and hypersonic weapons market is segmented by speed into supersonic and hypersonic and by type into missiles and hypersonic glide vehicles. The report also covers the market sizes and forecasts for the supersonic and hypersonic weapons market in major countries across different regions. For each segment, the market sizing and forecasts have been provided in value (USD billion).
| Supersonic |
| Hypersonic |
| Missiles |
| Hypersonic Glide Vehicles |
| North America | United States |
| Canada | |
| Europe | Germany |
| United Kingdom | |
| France | |
| Russia | |
| Rest of Europe | |
| Asia-Pacific | China |
| Japan | |
| India | |
| South Korea | |
| Rest of Asia-Pacific | |
| South America | Brazil |
| Rest of Latin America | |
| Middle-East and Africa | Saudi Arabia |
| Israel | |
| Rest of Middle-East and Africa |
| Speed | Supersonic | |
| Hypersonic | ||
| Type | Missiles | |
| Hypersonic Glide Vehicles | ||
| Geography | North America | United States |
| Canada | ||
| Europe | Germany | |
| United Kingdom | ||
| France | ||
| Russia | ||
| Rest of Europe | ||
| Asia-Pacific | China | |
| Japan | ||
| India | ||
| South Korea | ||
| Rest of Asia-Pacific | ||
| South America | Brazil | |
| Rest of Latin America | ||
| Middle-East and Africa | Saudi Arabia | |
| Israel | ||
| Rest of Middle-East and Africa | ||
Key Questions Answered in the Report
What is the current Supersonic and Hypersonic Weapons Market size?
The Supersonic and Hypersonic Weapons Market is projected to register a CAGR of 11.68% during the forecast period (2026-2031)
Who are the key players in Supersonic and Hypersonic Weapons Market?
MBDA, Tactical Missiles Corporation, The Boeing Company, Raytheon Technologies Corporation and Lockheed Martin Corporation are the major companies operating in the Supersonic and Hypersonic Weapons Market.
Which is the fastest growing region in Supersonic and Hypersonic Weapons Market?
Asia-Pacific is estimated to grow at the highest CAGR over the forecast period (2026-2031).
Which region has the biggest share in Supersonic and Hypersonic Weapons Market?
In 2025, the Europe accounts for the largest market share in Supersonic and Hypersonic Weapons Market.
What years does this Supersonic and Hypersonic Weapons Market cover?
The report covers the Supersonic and Hypersonic Weapons Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Supersonic and Hypersonic Weapons Market size for years: 2026, 2027, 2028, 2029, 2030 and 2031.
