Global Cruise Missile Industry Research Report, Growth Trends and Competitive Analysis 2019-2025

Published Date: 2019-07-26   |   Pages: 112   |   Tables: 145   | Report Id: 1222813   | Hits: 86 |   Machinery & Equipment

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A cruise missile is a guided missile used against terrestrial targets that remains in the atmosphere and flies the major portion of its flight path at approximately constant speed. Cruise missiles are designed to deliver a large warhead over long distances with high precision. Modern cruise missiles are capable of travelling at supersonic or high subsonic speeds, are self-navigating, and are able to fly on a non-ballistic, extremely low-altitude trajectory.

North America has the largest global export quantity and manufacturers in Cruise Missile market, while the Russia is the second sales volume market for Cruise Missile in 2018. Cruise Missile is a high-end weaponry. Many countries restrict exports. For example, the United States restricts the export of Tomahawk Cruise Missile and is currently sold only to the UK.In the industry, Lockheed Martin profits most in 2018 and recent years, while Tactical Missiles Corporation and Raytheon ranked 2 and 3.The market share of them is 33.90%, 29.06% and 18.01% in 2018.The gap of market share is keep on enlarged due to different strategy. The reason for the smaller share of Raytheon is that the US government has reduced its purchases of Tomahawk Cruise Missile in recent years.Nowadays, there are three mainly types of Cruise Missile, including Air-launched Cruise Missile, Land Attack Cruise Missile and Others. And Air-launched Cruise Missile is the main type for Cruise Missile, and the Air-launched Cruise Missile reached a sales volume of approximately 745 Unit in 2018, with 61.77% of global sales volume.

The Cruise Missile market was valued at 1302.2 Million US$ in 2018 and is projected to reach 2145.3 Million US$ by 2025, at a CAGR of 7.2% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Cruise Missile.

This study focuses on the production side and consumption side of Cruise Missile, presents the global Cruise Missile market size by manufacturers, regions, type and application, history breakdown data from 2014 to 2019, and forecast to 2025.

In terms of production side, this report researches the Cruise Missile capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and product type.

In terms of consumption side, this report focuses on the consumption of Cruise Missile by regions and application. The key regions like North America, Europe, Asia-Pacific, Central & South America, Middle East and Africa etc.

This report includes the following manufacturers; we can also add the other companies as you want.

Lockheed Martin


Tactical Missiles Corporation


Roketsan A.S

Taurus Systems


Market Segment by Product Type

Air-launched Cruise Missile

Land Attack Cruise Missile


In 2018, Air-launched Cruise Missile accounted for a major share of 61.77% the global Cruise Missile market. And this product segment is poised to reach 1824 Units by 2025 from 745 Units in 2018.

Market Segment by Application


Homeland Security

In Cruise Missile market, the Homeland Security holds an important share in terms of application,and it is expected to reach a volume of 2573 (Units) by 2025, at a CAGR of 12.59% during 2019 and 2025.

Key Regions split in this report:

North America

United States












South Korea








Central & South America


Middle East & Africa


GCC Countries


South Africa

The study objectives are:

To analyze and research the global Cruise Missile status and future forecast, involving capacity, production, value, consumption, growth rate (CAGR), market share, historical and forecast.

To present the key Cruise Missile manufacturers, capacity, production, revenue, market share, and recent development.

To split the breakdown data by regions, type, manufacturers and applications.

To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.

To identify significant trends, drivers, influence factors in global and regions.

To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Cruise Missile are as follows:

History Year: 2014-2019

Base Year: 2018

Estimated Year: 2019

Forecast Year 2019 to 2025

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