Supersonic and Hypersonic Weapons Market to see Rapid Growth by 2028

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- 

·                  By Type

·                  By Speed

·                  By Platform

Regions Covered-

·                  North America

·                  Europe

·                  Asia-Pacific

·                  Rest of the World

•                 Competitive Landscape- The Boeing Co., Lockheed Martin Corp., Raytheon Technologies Corp., Saab AB and Northrop Grumman Corp.

A full Report of Supersonic and Hypersonic Weapons Market is Available @  https://www.omrglobal.com/industry-reports/supersonic-and-hypersonic-weapons-market

Supersonic and Hypersonic Weapons Market Report by Segment

By Type

•                 Missiles

•                 Hypersonic Glide Vehicles

By Speed

•                 Supersonic

•                 Hypersonic

By Platform

•                 Land

•                 Naval

•                 Aerial

Supersonic and Hypersonic Weapons Market Report by Region

North America                                                                                                           

·        United States

·        Canada                     

Europe

·        UK

·        Germany

·        Spain

·        France

·        Italy

·        Rest of Europe

Asia-Pacific

·                  India

·                  China

·                  Japan              

·                  South Korea

·                  Rest of APAC

Rest of the World

•       Latin America

•       Middle East and Africa 

Company Profiles 

•                 Aerojet Rocketdyne Holdings, Inc. 

•                 ArianeGroup 

•                 BrahMos Aerospace Pvt Ltd. 

•                 China Aerospace Science & Industry Corp. Ltd. 

•                 DRDO 

•                 Israel Aerospace Industries 

•                 Kongsberg Gruppen ASA 

•                 Kratos Defense & Security Solutions, Inc. 

•                 MBDA

•                 Northrop Grumman Corp. 

•                 Saab Group

•                 Tactical Missiles Corp.

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1.  We cover more than 15 major industries, further segmented into more than 90 sectors.

2.  More than 120 countries are for analysis.

3.  Over 100+ paid data sources mined for investigation.

4.  Our expert research analysts answer all your questions before and after purchasing your report.

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About Orion Market Research 

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.

Media Contact:

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Contact Person: Mr. Anurag Tiwari

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