Hypersonic technology can help vehicles travel faster than five times the speed of sound (Mach 5). Nowadays, this technology is being mainly developed for aerospace and military purposes, for example, as a carrier vehicle for long-range cruise missiles, but it can have numerous civilian applications.
Projections of the global revenue of the hypersonic technology market from 2021 to 2031
(in million U.S. dollars)
Values were rounded.
The Statista estimates from 2022 to 2031 are based on the 2021 values and the compound annual growth rate from 2021 to 2031 of 8.45 percent, which were provided by the source. An exponential development of the market was assumed.
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BIS Research, & Statista. (October 13, 2021). Projections of the global revenue of the hypersonic technology market from 2021 to 2031 (in million U.S. dollars) [Graph]. In Statista. Retrieved November 10, 2024, from https://www-statista-com.ezproxy.canberra.edu.au/statistics/1270470/hypersonic-technology-market-size-global-forecast/
BIS Research, und Statista. "Projections of the global revenue of the hypersonic technology market from 2021 to 2031 (in million U.S. dollars)." Chart. October 13, 2021. Statista. Accessed November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1270470/hypersonic-technology-market-size-global-forecast/
BIS Research, Statista. (2021). Projections of the global revenue of the hypersonic technology market from 2021 to 2031 (in million U.S. dollars). Statista. Statista Inc.. Accessed: November 10, 2024. https://www-statista-com.ezproxy.canberra.edu.au/statistics/1270470/hypersonic-technology-market-size-global-forecast/
BIS Research, and Statista. "Projections of The Global Revenue of The Hypersonic Technology Market from 2021 to 2031 (in Million U.S. Dollars)." Statista, Statista Inc., 13 Oct 2021, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1270470/hypersonic-technology-market-size-global-forecast/
BIS Research & Statista, Projections of the global revenue of the hypersonic technology market from 2021 to 2031 (in million U.S. dollars) Statista, https://www-statista-com.ezproxy.canberra.edu.au/statistics/1270470/hypersonic-technology-market-size-global-forecast/ (last visited November 10, 2024)
Projections of the global revenue of the hypersonic technology market from 2021 to 2031 (in million U.S. dollars) [Graph], BIS Research, & Statista, October 13, 2021. [Online]. Available: https://www-statista-com.ezproxy.canberra.edu.au/statistics/1270470/hypersonic-technology-market-size-global-forecast/
