Hypersonic Travel Global Market Report 2025 With Detailed Analysis And Projections

The Business Research Company’s Hypersonic Travel Global Market Report 2025 - Market Size, Trends, And Global Forecast 2025-2034

LONDON, GREATER LONDON, UNITED KINGDOM, June 11, 2025 /EINPresswire.com/ -- The Business Research Company’s Latest Report Explores Market Driver, Trends, Regional Insights - Market Sizing & Forecasts Through 2034

The hypersonic travel market size has grown rapidly in recent years. It will grow from $4.02 billion in 2024 to $4.79 billion in 2025 at a compound annual growth rate CAGR of 19.1%. The growth in the historic period can be attributed to advances in military hypersonic programs, early aerospace innovations, increased defense spending, initial scramjet propulsion research, and space exploration initiatives.

But What Is The Anticipated Growth Rate And What Will Be The Market Size Of The Hypersonic Travel Industry By 2029?

The hypersonic travel market is expected to see rapid growth in the next few years. It will grow to $9.56 billion in 2029 at a compound annual growth rate CAGR of 18.9%. The growth in the forecast period can be attributed to demand for ultra-fast travel, investment in commercial hypersonic flights, growing interest in space tourism, private sector space race, and growing defense and security needs.

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What Is The Key Market Driver Expected To Surge The Growth Of Hypersonic Travel?

The rise in demand for faster air travel is expected to propel the growth of the hypersonic travel market going forward. Faster air travel refers to significantly reduced flight durations across long distances, enabling passengers to reach their destinations in much less time than with conventional air travel. As a result, 97% of global premium passengers are interested in flying on a supersonic airplane for long-haul international trips, enhancing the demand for aircraft capable of achieving speeds exceeding Mach 5.

Which Prominent Industry Leaders Are Dictating The Growth Curve Of The Hypersonic Travel Market?

Major companies operating in the hypersonic travel market include the RTX Corporation, The Boeing Company, Lockheed Martin Corporation, Airbus SE, Northrop Grumman Corporation, BAE Systems plc, L3Harris Technologies Inc., Leidos Holdings Inc., Space Exploration Technologies Corp. SpaceX, and Blue Origin Enterprises L.P., among others.

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Are There Any Emerging Trends Expected To Make A Significant Impact On The Hypersonic Travel Market Size?

Major trends in the forecast period include the emergence of reusable hypersonic vehicles, partnerships between aerospace giants and startups, advancements in propulsion system efficiency, rising focus on sustainable hypersonic fuels, and the development of global hypersonic travel networks.

What New Developments Are Changing The Landscape Of The Hypersonic Travel Sector?

Companies like Venus Aerospace Corp. are focusing on developing advanced technologies that greatly reduce travel time across vast distances. For instance, their Stargazer hypersonic aircraft concept is designed to reach any global destination in just about an hour, potentially transforming long-haul flights into short, one-hour journeys.

How Is The Hypersonic Travel Market Segmented?

The hypersonic travel market covered in this report is segmented by Vehicle Type into Passenger Aircraft, Spaceplanes, Military Aircraft; by Speed into Mach 5-10, Mach 10-25, Above Mach 25; and by Application into Commercial, Military: Space Exploration. It's also segmented by End-Users into Civil Aviation, Defense, Space Agencies, with subsegments including various categories of aircraft and spaceplanes.

Which Region Leads In Dominating The Hypersonic Travel Market Share?

North America was the largest region in the hypersonic travel market in 2024. However, the report also provides insights into other key regions including Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.

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