Hypersonic technology market to hit USD 9,151 million by 2027, according to Gen Consulting Company

Hypersonic refers to aircraft, missiles, rockets, and spacecraft that can reach speeds through the atmosphere faster than five times the speed of sound (Mach 5), which is near 4,000 miles per hour. According to market research study published by Gen Consulting Company, the global hypersonic technology market is expected to reach approximately USD 9,151 million, representing a CAGR of 8.1% during the forecast period 2021-2027.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global hypersonic technology market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the hypersonic technology industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the type, launch mode, end user, and region. The global market for hypersonic technology can be segmented by type: hypersonic cruise missiles, guidance system. Hypersonic technology market is further segmented by launch mode: air launched, land launched, sea launched. Based on end user, the hypersonic technology market is segmented into: military (aerial, naval, land based), space. On the basis of region, the hypersonic technology market also can be divided into: Asia Pacific, Europe, North America, Rest of the World (RoW).

By type:

- hypersonic cruise missiles

- guidance system

By launch mode:

- air launched

- land launched

- sea launched

By end user:

- military (aerial, naval, land based)

- space

By region:

- Asia Pacific

- Europe

- North America

- Rest of the World (RoW)

The market research report covers the analysis of key stake holders of the global hypersonic technology market. Some of the leading players profiled in the report include Aerojet Rocketdyne Holdings, Inc., BAE Systems plc, Dynetics, Inc., General Dynamics Corporation, JSC Votkinsk Machine Building Plant, L3Harris Technologies, Inc., Lockheed Martin Corporation, Northrop Grumman Corporation, NPO Mashinostroyeniya, Raytheon Technologies Corporation, Saab AB, Space Exploration Technologies Corp. (SpaceX), Thales S.A., The Boeing Company, The BrahMos Aerospace Limited, among others.

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Historical & Forecast Period

This research report provides analysis for each segment from 2017 to 2027 considering 2020 to be the base year.

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Scope of the Report

- To analyze and forecast the market size of the global hypersonic technology market.

- To classify and forecast the global hypersonic technology market based on type, launch mode, end user, region.

- To identify drivers and challenges for the global hypersonic technology market.

- To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global hypersonic technology market.

- To identify and analyze the profile of leading players operating in the global hypersonic technology market.

Why Choose This Report

- Gain a reliable outlook of the global hypersonic technology market forecasts from 2021 to 2027 across scenarios.

- Identify growth segments for investment.

- Stay ahead of competitors through company profiles and market data.

- The market estimate for ease of analysis across scenarios in Excel format.

- Strategy consulting and research support for three months.

- Print authentication provided for the single-user license.