The Rockets and Missiles industry continues to evolve rapidly amid rising defense budgets and technological advancements worldwide. Increasing geopolitical tensions and modernization of armed forces have intensified market dynamics, making this sector pivotal in national security strategies. Recent market trends highlight significant investments in precision-guided munitions and hypersonic technologies to enhance defense capabilities globally.
The Global Rockets and Missiles Market size is estimated to be valued at USD 61.72 Billion in 2025 and is expected to reach USD 95.30 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.2% from 2025 to 2032. Rockets and Missiles Market Growth as reflects rising demand across multiple defense segments, driven by expanding military expenditure and the integration of advanced weapon systems. The increasing focus on market growth strategies, emerging market segments, and innovations further enriches the market scope and offers lucrative market opportunities.
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