Hypersonic Technology Market In-Depth Analysis by Key Players, Type and Applications Forecast to 2028
The global hypersonic technology market size reached USD 6.30 billion in 2020 and is expected to register a revenue CAGR of 9.9% during the forecast period, according to latest analysis by Emergen Research. Increase in geopolitical conflict over the years has resulted in an arms race and countries ramping up military and defense capabilities. The recent withdrawal of the US and Russia from the Intermediate-Range Nuclear Force Treaty (INF Treaty), which bans development of intermediate range missiles, and increasing actions by China in Asia Pacific has resulted in countries increasing defense expenditure.
Increasing focus on new and more advanced technologies in various
developed countries to strengthen defense capabilities and develop weapons of
higher precision and better capabilities is a trend in the market. Hypersonic
missiles that has been developed and tested by the US, Russia, and China can
attack multiple targets and with higher precision than conventional missiles,
and can also carry nuclear warhead.
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The report also studies the
key companies of the Hypersonic Technology market along with analysis of their
business strategies, M&A activities, investment plans, product portfolio,
financial standing, gross profit margin, and production and manufacturing
capacities. Some players analyzed in the report are:
Some major companies
included in the global market report are
BAE Systems plc, Lockheed Martin Corporation, Northrop Grumman
Corporation, Raytheon Technologies Corporation, The Boeing Company, Reaction
Engines Limited, MBDA Missile Systems, Hermeus Corporation, Velontra LLC, and
Dynetics Inc.
Market Taxonomy:
Chapter 1: Methodology &
Scope
Definition
and forecast parameters
Methodology
and forecast parameters
Data
Sources
Chapter 2:
Executive Summary
Business
trends
Regional
trends
Product
trends
End-use
trends
Chapter 3:
Industry Insights
Industry
segmentation
Industry
landscape
Vendor
matrix
Technological
and innovation landscape
Chapter 4:
Regional Landscape
Chapter 5:
Company Profile
Business
Overview
Financial
Data
Product
Landscape
Strategic
Outlook
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The
report further divides the hypersonic technology market into key segments such
as types, applications, end-user industries, technologies, and key regions of
the market. The report also sheds light on the segment and region exhibiting
promising growth in the hypersonic technology market.
Emergen Research has segmented global hypersonic
technology market on the basis of launch mode, range, type, end-use, and
region:
Launch Mode Outlook (Revenue, USD Billion; 2018–2028)
Air
Launch
Surface
Launch
Sea
Launch
Submarine
Launch
Range Outlook (Revenue, USD Billion; 2018–2028)
Short
Range
Medium
Range
Intermediate
Range
Intercontinental
Range
Type Outlook (Revenue, USD Billion; 2018–2028)
Missiles
Hypersonic
Ballistic Missiles
Hypersonic
Cruise Missiles
Hypersonic
Glide Vehicle
Hypersonic
Spaceplanes
End use Outlook (Revenue, USD Billion; 2018–2028)
Military
Air Force
Navy
Space
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Regional Bifurcation of the Hypersonic
Technology Market Includes:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of
APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East Africa (Saudi Arabia, U.A.E., South Africa, Rest of
MEA)
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