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The hypersonic missiles market share is expected to increase by USD 1.01 billion from 2019 to 2024, and the market's growth momentum will accelerate at a CAGR of 3.72%. The market is driven by several key factors. Primarily, the requirement for advanced weaponry with increased speed and accuracy continues to fuel market growth. This need is particularly evident in the context of geopolitical tensions and territorial disputes, which have led to an arms race among top defense spenders. Furthermore, the development of missiles enables countries to bypass existing missile defense systems, thereby enhancing their strategic capabilities. Consequently, investments in hypersonic missile technology are expected to remain robust, underpinning the market's expansion.
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Five Forces Analysis
5 Market Segmentation by Product
6 Customer landscape
7 Geographic Landscape
8 Drivers, Challenges, and Trends
9 Vendor Landscape
10 Vendor Analysis
11 Appendix
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