Rockets And Missiles Market 2025 to 2034

Rockets And Missiles Market 2025 to 2034

Rockets and Missiles Market (By Speed: Subsonic, Supersonic, Hypersonic; By Product: Cruise Missiles, Rockets, Ballistic Missiles, Torpedoes; By Guidance: Guided, Unguided; By Platform: Naval, Ground, Airborne; By Region: North America, Latin America, Europe, Asia-Pacific, Middle and East Africa) Industry Size, Share, Growth, Trends 2025 to 2034.

Report ID: 11902 | Format: Databook | Published: January 2026 | Delivery: Immediate
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Revenue, 2025

USD 118.55 Bn

Forecast Year, 2034

USD 118.55 Bn

CAGR, 2025 - 2034

5.13%

Report Coverage

Worldwide

Published By

Deepa Pandey

Reviewed By

Aditi Shivarkar

Reviewed By

Aman Singh

The global rockets and missiles market, valued at USD 75.62B in 2025, is projected to reach USD 118.55B by 2034, growing at a CAGR of 5.13%, driven by rising defense modernization, strategic military investments, and advanced missile technologies.

Rockets And Missiles Market Size Analysis

Rockets And Missiles Market Size By Speed 2025 to 2034 (USD Billion)

Speed 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034
Subsonic15.1215.9016.7217.5718.4719.4220.4221.4722.5723.73
Supersonic28.7430.2131.7633.3935.1036.9038.8040.7942.8845.08
Hypersonic31.7633.3935.1036.9038.8040.7942.8845.0847.3949.82

Rockets And Missiles Market Size By Product 2025 to 2034 (USD Billion)

Product 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034
Cruise Missiles7.567.958.368.799.249.7110.2110.7311.2811.86
Rockets21.1722.2623.4024.6025.8627.1928.5930.0531.5933.21
Ballistic Missiles22.6923.8525.0726.3627.7129.1330.6332.2033.8535.59
Torpedoes24.2025.4426.7428.1229.5631.0832.6734.3536.1137.96

Rockets And Missiles Market Size By Guidance 2025 to 2034 (USD Billion)

Guidance 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034
Unguided26.4727.8229.2530.7532.3333.9935.7337.5739.4941.52
Guided49.1551.6754.3357.1160.0463.1266.3669.7673.3477.11

Rockets And Missiles Market Size By Platform 2025 to 2034 (USD Billion)

Platform 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034
Naval18.9119.8720.8921.9723.0924.2825.5226.8328.2129.66
Ground25.7127.0328.4229.8731.4133.0234.7136.4938.3640.33
Airborne31.0032.5934.2736.0237.8739.8241.8644.0146.2648.64

Rockets And Missiles Market Size By Region 2025 to 2034 (USD Billion)

Region 2025 2026 2027 2028 2029 2030 2031 2032 2033 2034
North America4.544.775.015.275.545.836.136.446.777.12
Europe6.056.366.697.037.397.778.178.599.039.49
Asia Pacific18.1519.0820.0621.0922.1723.3124.5025.7627.0828.47
Latin America19.6620.6721.7322.8424.0225.2526.5427.9129.3430.84
Middle East and Africa27.2228.6230.0931.6333.2534.9636.7538.6440.6242.70

Rockets And Missiles Market Size to Touch USD 118.55 Billion by 2034

The global rockets and missiles market size accounted for USD 75.62 billion in 2025 and is predicted to touch around USD 118.55 billion by 2034 a CAGR of 5.13%.

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