Missiles and missile defense systems market seen growing to $27.79 billion by 2030

The Business Research Company says the global missiles and missile defense systems market reached $21.03 billion in 2025 and is projected to rise to $27.79 billion by 2030. The forecast points to stronger defense spending, hypersonic threats and new tracking and interception technologies as key drivers.

Why it matters: - Missile and missile defense spending is tied directly to national security, military modernization and protection of civilian populations. - The market’s projected rise signals continued demand for interception, tracking and early-warning systems as threats evolve. - Global military budgets are also expanding, which supports procurement and development across the sector.

What happened: - The Business Research Company released its Missiles And Missile Defense Systems Market Report 2026, covering market size, trends and global forecasts for 2026-2035. - The report says the market was worth $21.03 billion in 2025 and is expected to reach $22.2 billion in 2026. - The report projects the market will grow to $27.79 billion by 2030, implying a 5.8% CAGR during the forecast period. - North America held the largest share of the market in 2025. - Asia-Pacific is projected to be the fastest-growing region during the forecast period. - A free sample of the report and the full report are available online.

The details: - Missile systems are designed to strike targets, deter adversaries and support combat missions. - Missile defense systems are designed to protect countries, military bases and civilian populations from hostile missile attacks. - The report links recent growth to the Cold War arms race, ballistic missile advances, missile defense shields, better radar and tracking, and rising geopolitical tensions. - The forecast cites hypersonic weapon threats, space-based surveillance, defense modernization, directed energy weapons and asymmetric warfare risks as major growth drivers. - Expected technology trends include hypersonic missile interception, expanded space-based tracking and early warning, integrated multi-layer air and missile defense networks, directed energy deployment, and upgrades to electronic warfare and countermeasure systems. - Global military spending reached $2,887 billion in 2025, up 2.9% in real terms from the prior year, according to Stockholm International Peace Research Institute data cited in the report. - The market analysis covers Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, the Middle East and Africa. - The report says its 2026 editions include market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel-based dashboards, market hotspots infographics, and key technology and future trend analysis.

Between the lines: - The forecast suggests defense contractors and governments are shifting from legacy missile capabilities toward layered, networked and faster-response systems. - The emphasis on hypersonic interception and directed energy reflects concern that current defenses may not be enough against next-generation threats. - North America’s lead and Asia-Pacific’s growth outlook point to an established base of spending in the U.S. and rising security competition across Asia.

What's next: - The market is expected to keep expanding through 2030 as defense modernization programs and threat perceptions support new investment. - Watch for more spending on early warning, multi-domain defense integration and technologies aimed at countering hypersonic systems. - The Business Research Company is promoting its broader research platform, Global Market Model, as a source of updated forecasts and market intelligence.

The bottom line: - Missiles and missile defense is a growing defense market, and the next phase of growth appears tied to hypersonic threats, layered defenses and higher military budgets.