Global Hypersonic Technology

Global Hypersonic Technology Market Research Report: Forecast (2021-2028)

By End Users (Defense Forces {Aerial, Naval, Land Based}, Space), By Launch Mode (Air, Land, Sea), By Type (Hypersonic Cruise Missiles, Guidance System), By Region (North America, Europe, Asia Pacific Read more

  • Aerospace & Defense
  • Sep 2021
  • 211
  • AD55008

Hypersonic refers to missiles, aircraft, rockets, and spacecraft that can achieve speeds faster than Mach 5, i.e., nearly 4,000 miles per hour. Hypersonic Technology is used in the carrier vehicle for hypersonic & long-range cruise missiles and will have several civilian applications, including the launching of small satellites at low cost.

According to MarkNtel Advisors, the Global Hypersonic Technology Market is anticipated to grow at a CAGR of around 8% during the forecast period, i.e., 2021-28Militaries worldwide are actively investing numerous resources toward developing advanced technologies for enhancing the offensive & defensive abilities of their respective countries. Hypersonic technology is one such area that has gained focus in recent years. Although the technology is almost 60 years old, armed forces have begun realizing the true potential of hypersonic weapons.

Moreover, the countries like the US, Russia, and China are significantly investing toward developing hypersonic technology, followed by India, Australia, Japan, France, and Germany. These nations are awarding programs to major defense companies to equip hypersonic-enabled weapons in their arsenal. The hypersonic technology programs around the globe include 3M22 Tsirkon in Russia, BrahMos in India, and AGM-183 Air Rapid Response Weapon (ARRW) by the US, further states the research report, “Global Hypersonic Technology Market Analysis, 2021.”

Report Coverage Details
Study Period Historical Data: 2018-19
Base Year: 2020
Forecast Period: 2021-28
CAGR(2022-26) 8%
Regions Covered North America: USA
Europe: Germany, UK, France, Russia
Asia-Pacific: China, India, Japan, Australia
Key Companies Profiled BAE Systems, Brahmos Aerospace, General Dynamics Corporation, Lockheed Martin, Dynetics Inc, Aerojet Rocketdyne Holdings Inc., L3 Harris Technologies Inc., Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, SPACEX, Thales Group, Boeing Company, NPO Mashinostroyeniya, Votkinsk Machine Building Plant
Unit Denominations USD Million/Billion

 

Impact of COVID-19 on the Global Hypersonic Technology Market

  • Last year, the COVID-19 pandemic catastrophically affected the global economic conditions.
  • Due to the pandemic, the supply chain for most operation prototyping programs became vulnerable to disruption.
  • The pandemic also impacted the deployment of high investment areas like hypersonic technologies.
  • Moreover, the imposition of lockdown & stringent movement restrictions affected the research & development activities.
  • The testing & development phases in the defense industry were put on a halt across several nations due to supply chain disruptions & severe economic scenarios, which, in turn, negatively influenced the adoption of advanced technologies like hypersonic missiles.
  • However, as the lockdown uplifted, the market has started growing steadily and shows signs of getting back to its usual growth pace, owing to the incoming investments toward the development.

  1. Introduction
    1. Product Definition
    2. Research Process
    3. Glossary
    4. Market Segment
  2. Executive Summary
  3. Impact of Covid-19 on Global Hypersonic Technology
  4. Global Hypersonic Technology Evolution and Development Timeline
  5. Global Hypersonic Technology Market Ongoing Programs Developments, By Countries
    1. The US
    2. Russia
    3. China
    4. Germany
    5. India
    6. The UK             
    7. Others
  6. Global Hypersonic Technology Market Ongoing Programs Developments, By Top Companies 
  7. Global Hypersonic Technology Market Hotspots & Growth Opportunities
  8. Global Hypersonic Technology Market Intellectual Property Rights Analysis
    1. Year on Year Intellectual Property Rights Analysis
    2. Intellectual Property Rights Analysis By Countries
  9. Global Hypersonic Technology Market Dynamics
    1. Drivers
    2. Challenges
    3. Impact Analysis.
  10. Global Hypersonic Technology Market Outlook, 2018-2028
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By End Users
        1. Defense Forces
          1. Aerial
          2. Naval
          3. Land Based
        2. Space
      2. By Launch Mode
        1. Air
        2. Land
        3. Sea
      3. By Type
        1. Hypersonic Cruise Missiles
        2. Guidance System
      4. By Region
        1. North America
        2. Europe
        3. Asia Pacific
        4. Rest of the World
      5. By Company
        1. Key Initiatives
        2. Strategic Alliances & Future Plans
        3. Order Books
  11. North America Hypersonic Technology Market Outlook, 2018-2028
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By End Users
      2. By Country
        1. The United States Hypersonic Technology Market Outlook, 2018-2028
          1. Market Size & Analysis
            1. By Revenue
            2. By Key Strategic Programs
            3. Companies & Their Ecosystem
  12. Europe Hypersonic Technology Market Outlook, 2018-2028
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By End Users
      2. By Country
        1. Russia Hypersonic Technology Market Outlook, 2018-2028
          1. Market Size & Analysis
            1. By Revenue
            2. By Key Strategic Programs
            3. Companies & Their Ecosystem
        2. Germany Hypersonic Technology Market Outlook, 2018-2028
          1. Market Size & Analysis
            1. By Revenue
            2. By Key Strategic Programs
            3. Companies & Their Ecosystem
        3. The UK Hypersonic Technology Market Outlook, 2018-2028
          1. Market Size & Analysis
            1. By Revenue
            2. By Key Strategic Programs
            3. Companies & Their Ecosystem
        4. France Hypersonic Technology Market Outlook, 2018-2028
          1. Market Size & Analysis
            1. By Revenue
            2. By Key Strategic Programs
            3. Companies & Their Ecosystem
  13. Asia Pacific Hypersonic Technology Market Outlook, 2018-2028
    1. Market Size & Analysis
      1. By Revenue
    2. Market Share & Analysis
      1. By End Users
      2. By Country
        1. China Hypersonic Technology Market Outlook, 2018-2028
          1. Market Size & Analysis
            1. By Revenue
            2. By Key Strategic Programs
            3. Companies & Their Ecosystem
        2. India Hypersonic Technology Market Outlook, 2018-2028
          1. Market Size & Analysis
            1. By Revenue
            2. By Key Strategic Programs
            3. Companies & Their Ecosystem
        3. Japan Hypersonic Technology Market Outlook, 2018-2028
          1. Market Size & Analysis
            1. By Revenue
            2. By Key Strategic Programs
            3. Companies & Their Ecosystem
        4. Australia Hypersonic Technology Market Outlook, 2018-2028
          1. Market Size & Analysis
            1. By Revenue
            2. By Key Strategic Programs
            3. Companies & Their Ecosystem
  14. Competition Outlook
    1. BAE Systems
    2. Brahmos Aerospace
    3. General Dynamics Corporation
    4. Lockheed Martin
    5. Dynetics Inc
    6. Aerojet Rocketdyne Holdings Inc.         
    7. L3 Harris Technologies Inc.      
    8. Northrop Grumman Corporation  
    9. Raytheon Technologies Corporation  
    10. Saab AB  
    11. SPACEX             
    12. Thales Group
    13. Boeing Company
    14. NPO Mashinostroyeniya
    15. Votkinsk Machine Building Plant
  15. Disclaimer 
Hypersonic Technology Market Segmentation
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