The global supersonic and hypersonic weapons market is anticipated to grow at a CAGR of 6.5% during the forecast period. One of the key factors that are fueling the market growth is the rising tension among countries, which, in turn, is driving the demand for advanced weapons, such as supersonic and hypersonic weapons. For instance, in April 2022, as per the Defense Intelligence Agency (DIA) report about space threats, “Challenges to Security in Space-2022,” China’s test of an orbiting hypersonic missile, in 2021, was a part of an emerging arsenal of “space warfare” weapons. It stated that the hypersonic missile test last fall was a fragment of the Chinese stockpile of space arms geared at striking the US satellites used by the forces for precision-guided missiles and communications.
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The test had flickered prevalent panic and concern among the US military’s top brass. In the next month, May, the US Air Force stated that it executed a successful test of a hypersonic weapon, which can fly at 5 times the speed of sound. The test was performed on the coast of Southern California when a B-52 bomber freed an Air-launched Rapid Response Weapon (ARRW). However, after this news, in the same month, Scientists of China, involved in the hypersonic project, claimed that China has been developing a heat-seeking hypersonic missile that is capable of striking a moving car at 6,174 kmph or 5 times the speed of sound.
In June 2022, Chinese scientists claimed to develop an anti-hypersonic technology that can forecast the progression of a hypersonic glide missile as it hits the target. China had been working on hypersonic technology for years. A rocket is used to release a hypersonic glide vehicle when it hits a target. It is nearly impossible to trail the path of the hypersonic missile owing to its unpredictable trajectory. However, as per Chinese researchers, an AI-powered air defense system can predict the trajectory of the missile and can release a counterattack within minutes. Such developments have increased the demand and development of supersonic and hypersonic weapons in multiple countries for being ready to counter their enemies.
Market Coverage
• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Type
o By Speed
o By Platform
• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World
• Competitive Landscape- The Boeing Co., Lockheed Martin Corp., Raytheon Technologies Corp., Saab AB and Northrop Grumman Corp.
Key questions addressed by the report
• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?
Global Supersonic and Hypersonic Weapons Market Report by Segment
By Type
By Speed
By Platform
Global Supersonic and Hypersonic Weapons Market Report by Region
North America
• US
• Canada
Europe
• UK
• Germany
• Italy
• Spain
• France
• Rest of Europe
Asia-Pacific
• China
• India
• Japan
• South Korea
• Rest of Asia-Pacific
Rest of the World
• Latin America
• Middle East & Africa
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