28 February 2019
Visiongain’s new report Supersonic and Hypersonic Missiles Market Report 2019-2029: Forecasts & Analysis by Platform (Land, Naval, Aerial), Forecasts & Contract Tables for Leading Countries (China, United States, UK, Russia, Japan, India, Germany, France, Australia, ROW), Plus Analysis of Leading Companies (Aerojet, Boeing, Brahmos, CASIC, Elbit, Kratos, Lockheed Martin, MBDA, Northrop Grumman, Raytheon, SAAB, Tactical Missile Corporation, Zircon, Brahmos) indicates that the global Supersonic and Hypersonic Missiles systems market will see $11,151m in spending in 2019.
The lead analyst of the report said: "Supersonic and hypersonic missile technology is being increasingly looked at by military and defence forces across the world owing to successful testing such weapons systems by countries such as China and Russia. Significant investments are also being made in research and development of these missile systems by the United States and France among other countries as they seek to contend the threat posed by the proliferation of these technologies would drive the growth in this market. According to reports, China has conducted more hypersonic technology tests than the US along with significant investments in developing hypersonic wind tunnels and other related infrastructure. The successful testing and deployment of supersonic and hypersonic missile systems by Russia and China would enable these countries to emerge as key suppliers of these weapons systems to other countries owing to a lack of export controls in the form of MCTR like agreements."
The 166 pages report contain 91 tables and 75 figures that add visual analysis in order to explain developing trends within the Supersonic and Hypersonic Missiles market. Visiongain provides sales forecasts for the period 2019-2029 for the 3 domain segments, namely aerial, land based, and naval platforms.
The 166-page report offers market forecasts and analysis for 8 countries’ markets and the rest of the world market. In addition, the report contains a dedicated leading companies’ chapter covering 12 companies leading the field in supersonic and hypersonic missile systems technology.
The Supersonic and Hypersonic Missiles Market Report 2019-2029 report will be of value to anyone who wants to better understand the Supersonic and Hypersonic Missiles systems market and its various segments. It will be useful for businesses who wish to better comprehend the part of the market they are already involved in, or those wishing to enter or expand into a different regional or technical part of the Supersonic and Hypersonic Missiles industry. Find data and information on this market in our new defence report Supersonic and Hypersonic Missiles Market Report 2019-2029.
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Visiongain believes that this market will enjoy substantial growth during the forecast period, and will grow at a CAGR of 11.4% from $1,040m in 2019 to become worth $3,074.1m in 2029.
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Supersonic and hypersonic missile technology is being increasingly looked at by military and defence forces across the world owing to successful testing such weapons systems by countries such as China and Russia.
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