What Happened
Global Hypersonic Sector Expected to Grow at 9.5% CAGR
The hypersonic technology market is expected to reach $13.02 billion by 2030, growing at a compound annual growth rate (CAGR) of 9.5%. North America is forecasted to lead the market, with a valuation of $5.4 billion, driven by escalating investments in defense modernization and the development of cutting-edge strategic deterrence systems. The market is dominated by major defense contractors and aerospace manufacturers, with Lockheed Martin Corporation emerging as the top market leader in 2025. According to a report by TBRC Business Research Pvt Ltd.