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Report
Hypersonic Technology Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-10-15 I 149 Pages I IMARC Group
Market Overview:
The global hypersonic technology market size reached US$ 5.8 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 9.4 Billion by 2028, exhibiting a growth rate (CAGR) of 8.1% during 2023-2028.
Hypersonic technology refers to any speed of Mach 5 and beyond, representing an essential quantity of aircraft momentum compared with the speed of any object and sound in the air. It consists of points at which they begin to influence the flight dynamics that is commonly acknowledged to be in Mach and mph in circumstance of warm temperatures at sea levels. It includes hypersonic glide vehicles (HGV), hypersonic cruise missiles, and hypersonic spaceplanes as standard product types. As compared to supersonic speed, these technologies are five times the speed of sound, whereas supersonic is greater than the momentum of sound. Apart from this, it eliminates the response time for defense and offers optimal accuracy, maneuverability, and strength to avoid detection. As a result, hypersonic technology finds extensive applications in air-breathing propulsion systems, scramjet missiles, and manned and unmanned weapon systems.
Hypersonic Technology Market Trends:
The growth of the global hypersonic technology market can be attributed to the increasing threat of terrorism or geopolitical tensions, especially among neighboring countries, and the rising conflicts across the globe to gain dominance in commercial and defense arenas. In line with this, the intensifying need for effective offensive and defensive capabilities and ongoing investments by governments to enhance the overall efficacy of numerous military assets are acting as another growth-inducing factor. Additionally, the escalating awareness amongst individuals regarding the multiple benefits of using hypersonic technologies in war-like situations has prompted manufacturers to incorporate the solution in military flight vehicles to enable rapid response at a long-range, thus favoring the market growth. Moreover, the extensive usage of hypersonic technology to deliver nuclear loads at better velocities and outperform modern ballistic missile defense systems is supporting the market growth. Apart from this, ongoing product deployment in various military solutions and continuous research and development (R&D) activities to engineer hypersonic-enabled weapons in arsenals are positively augmenting the market growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global hypersonic technology market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on type, launch mode, range and end user.
Breakup by Type:
Hypersonic Glide Vehicle
Hypersonic Cruise Missile
Hypersonic Spaceplanes
Breakup by Launch Mode:
Air Launched
Surface Launched
Subsea Launched
Breakup by Range:
Short Range
Medium Range
Intermediate Range
Intercontinental Range
Breakup by End User:
Military
Air Force
Navy
Space
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Dynetics (Leidos), Hermeus Corp., L3Harris Technologies, Lockheed Martin Corporation, Northrop Grumman Corporation and Raytheon Technologies Corporation.
Key Questions Answered in This Report
1. How big is the global hypersonic technology market?
2. What is the expected growth rate of the global hypersonic technology market during 2023-2028?
3. What are the key factors driving the global hypersonic technology market?
4. What has been the impact of COVID-19 on the global hypersonic technology market?
5. What is the breakup of the global hypersonic technology market based on the type?
6. What is the breakup of the global hypersonic technology market based on the launch mode?
7. What is the breakup of the global hypersonic technology market based on the range?
8. What is the breakup of the global hypersonic technology market based on the end user?
9. What are the key regions in the global hypersonic technology market?
10. Who are the key players/companies in the global hypersonic technology market?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Hypersonic Technology Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Type
6.1Hypersonic Glide Vehicle
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Hypersonic Cruise Missile
6.2.1 Market Trends
6.2.2 Market Forecast
6.3Hypersonic Spaceplanes
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Launch Mode
7.1Air Launched
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Surface Launched
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Subsea Launched
7.3.1 Market Trends
7.3.2 Market Forecast
8 Market Breakup by Range
8.1Short Range
8.1.1 Market Trends
8.1.2 Market Forecast
8.2Medium Range
8.2.1 Market Trends
8.2.2 Market Forecast
8.3Intermediate Range
8.3.1 Market Trends
8.3.2 Market Forecast
8.4Intercontinental Range
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by End User
9.1Military
9.1.1 Market Trends
9.1.2 Market Forecast
9.2Air Force
9.2.1 Market Trends
9.2.2 Market Forecast
9.3Navy
9.3.1 Market Trends
9.3.2 Market Forecast
9.4Space
9.4.1 Market Trends
9.4.2 Market Forecast
10 Market Breakup by Region
10.1North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT Analysis
11.1Overview
11.2Strengths
11.3Weaknesses
11.4Opportunities
11.5Threats
12 Value Chain Analysis
13 Porters Five Forces Analysis
13.1Overview
13.2Bargaining Power of Buyers
13.3Bargaining Power of Suppliers
13.4Degree of Competition
13.5Threat of New Entrants
13.6Threat of Substitutes
14 Price Analysis
15 Competitive Landscape
15.1Market Structure
15.2Key Players
15.3Profiles of Key Players
15.3.1Dynetics (Leidos)
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2Hermeus Corp.
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3L3Harris Technologies
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.3.3 Financials
15.3.4Lockheed Martin Corporation
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.4.3 Financials
15.3.4.4 SWOT Analysis
15.3.5Northrop Grumman Corporation
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.5.3 Financials
15.3.5.4 SWOT Analysis
15.3.6Raytheon Technologies Corporation
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.6.3 Financials
15.3.6.4 SWOT Analysis
Figure 1: Global: Hypersonic Technology Market: Major Drivers and Challenges
Figure 2: Global: Hypersonic Technology Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Hypersonic Technology Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Hypersonic Technology Market: Breakup by Type (in %), 2022
Figure 5: Global: Hypersonic Technology Market: Breakup by Launch Mode (in %), 2022
Figure 6: Global: Hypersonic Technology Market: Breakup by Range (in %), 2022
Figure 7: Global: Hypersonic Technology Market: Breakup by End User (in %), 2022
Figure 8: Global: Hypersonic Technology Market: Breakup by Region (in %), 2022
Figure 9: Global: Hypersonic Technology (Hypersonic Glide Vehicle) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Hypersonic Technology (Hypersonic Glide Vehicle) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Hypersonic Technology (Hypersonic Cruise Missile) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Hypersonic Technology (Hypersonic Cruise Missile) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Hypersonic Technology (Hypersonic Spaceplanes) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Hypersonic Technology (Hypersonic Spaceplanes) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Hypersonic Technology (Air Launched) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Hypersonic Technology (Air Launched) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Hypersonic Technology (Surface Launched) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Hypersonic Technology (Surface Launched) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Hypersonic Technology (Subsea Launched) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Hypersonic Technology (Subsea Launched) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Hypersonic Technology (Short Range) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Hypersonic Technology (Short Range) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Hypersonic Technology (Medium Range) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Hypersonic Technology (Medium Range) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: Global: Hypersonic Technology (Intermediate Range) Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: Global: Hypersonic Technology (Intermediate Range) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: Global: Hypersonic Technology (Intercontinental Range) Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: Global: Hypersonic Technology (Intercontinental Range) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Global: Hypersonic Technology (Military) Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Global: Hypersonic Technology (Military) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Global: Hypersonic Technology (Air Force) Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Global: Hypersonic Technology (Air Force) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: Global: Hypersonic Technology (Navy) Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: Global: Hypersonic Technology (Navy) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Global: Hypersonic Technology (Space) Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Global: Hypersonic Technology (Space) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: North America: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: North America: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: United States: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: United States: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Canada: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Canada: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Asia-Pacific: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Asia-Pacific: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: China: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: China: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Japan: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Japan: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: India: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: India: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: South Korea: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: South Korea: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: Australia: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: Australia: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Indonesia: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Indonesia: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Others: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Others: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Europe: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Europe: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Germany: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Germany: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: France: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: France: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: United Kingdom: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: United Kingdom: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Italy: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Italy: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Spain: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Spain: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Russia: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Russia: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 73: Others: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 74: Others: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 75: Latin America: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 76: Latin America: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 77: Brazil: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 78: Brazil: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 79: Mexico: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 80: Mexico: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 81: Others: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 82: Others: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 83: Middle East and Africa: Hypersonic Technology Market: Sales Value (in Million US$), 2017 & 2022
Figure 84: Middle East and Africa: Hypersonic Technology Market: Breakup by Country (in %), 2022
Figure 85: Middle East and Africa: Hypersonic Technology Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 86: Global: Hypersonic Technology Industry: SWOT Analysis
Figure 87: Global: Hypersonic Technology Industry: Value Chain Analysis
Figure 88: Global: Hypersonic Technology Industry: Porter's Five Forces Analysis
Table 1: Global: Hypersonic Technology Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Hypersonic Technology Market Forecast: Breakup by Type (in Million US$), 2023-2028
Table 3: Global: Hypersonic Technology Market Forecast: Breakup by Launch Mode (in Million US$), 2023-2028
Table 4: Global: Hypersonic Technology Market Forecast: Breakup by Range (in Million US$), 2023-2028
Table 5: Global: Hypersonic Technology Market Forecast: Breakup by End User (in Million US$), 2023-2028
Table 6: Global: Hypersonic Technology Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 7: Global: Hypersonic Technology Market: Competitive Structure
Table 8: Global: Hypersonic Technology Market: Key Players
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