APO RESEARCH · REPORT
Cruise Missile
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.
Product & engineering
Understand the product.
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.
Selected research
Industry Research
Cruise Missile Industry Research Report 2026
Market perspective
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 is the largest Cruise Missile market with about 51% market share. Russia is follower, accounting for about 29% market share.
The key players are Lockheed Martin, Raytheon, Tactical Missiles Corporation, CASIC, Roketsan A.S, Taurus Systems etc. Top 3 companies occupied about 80% market share.
Read the full market overview
Report Scope
This report quantifies the global Cruise Missile market in revenue (US$ million) and, where applicable, sales volume (Units), using 2025 as the base year and providing annual historical and forecast data for 2021–2032.
It standardizes definitions of types and applications, harmonizes vendor attribution, and presents comparable time series by company, type, application, and region/country, including indicative price bands (US$/Units) and concentration ratios (CR5/CR10).
The outputs are intended to support strategy development, budgeting, and performance benchmarking for manufacturers, new entrants, channel partners, and investors; the report also reviews technology shifts and notable product introductions relevant to Cruise Missile.
Key Companies & Market Share Insights
This section profiles leading manufacturers, combining 2021–2025 results with a 2026–2032 outlook. It reports revenue, market share, price bands, product and application mix, regional and channel mix, and key developments (M&A, capacity additions, certifications). It also provides global revenue, average price, and—where applicable—sales volume by manufacturer, and calculates CR5/CR10 and rank changes to support comparative benchmarking.
Cruise Missile Market by Company
Lockheed Martin
Raytheon
Tactical Missiles Corporation
CASIC
Roketsan A.S
Taurus Systems
Cruise Missile Segment by Type
Air-launched Cruise Missile
Land Attack Cruise Missile
Others
Cruise Missile Segment by Application
Defense
Homeland Security
Cruise Missile Segment by Region
North America
United States
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Spain
Netherlands
Switzerland
Sweden
Poland
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Southeast Asia
South America
Brazil
Argentina
Chile
Colombia
Middle East & Africa
Egypt
South Africa
Israel
Türkiye
GCC Countries
Key Drivers & Barriers
High-impact rendering factors and drivers have been studied in this report to aid the readers to understand the general development. Moreover, the report includes restraints and challenges that may act as stumbling blocks on the way of the players. This will assist the users to be attentive and make informed decisions related to business. Specialists have also laid their focus on the upcoming business prospects.
Reasons to Buy This Report
1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Cruise Missile market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Cruise Missile and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in volume and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market
5. This report helps stakeholders to gain insights into which regions to target globally
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Cruise Missile.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.
Chapter Outline
Chapter 1: Research objectives, research methods, data sources, data cross-validation;
Chapter 2: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 3: Detailed analysis of Cruise Missile manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 5: Production/output, value of Cruise Missile by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 6: Consumption of Cruise Missile in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and production of each country in the world.
Chapter 7: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 11: The main points and conclusions of the report.
More report detail
Tables and figures
Scope & coverage.
Types
- Air-launched Cruise Missile
- Land Attack Cruise Missile
- Others
Applications
- Defense
- Homeland Security
Companies covered
- Lockheed Martin
- Raytheon
- Tactical Missiles Corporation
- CASIC
- Roketsan A.S
- Taurus Systems
Inside the report.
1 Preface
- 1.1 Scope of Report
- 1.2 Reasons for Doing This Study
- 1.3 Research Methodology
- 1.4 Research Process
- 1.5 Data Source
- 1.5.1 Secondary Sources
- 1.5.2 Primary Sources
2 Market Overview
- 2.1 Product Definition
- 2.2 Cruise Missile by Type
- 2.2.1 Market Value Comparison by Type (2021 VS 2025 VS 2032) & (US$ Million)
- 2.2.2 Air-launched Cruise Missile
- 2.2.3 Land Attack Cruise Missile
- 2.2.4 Others
- 2.3 Cruise Missile by Application
- 2.3.1 Market Value Comparison by Application (2021 VS 2025 VS 2032) & (US$ Million)
- 2.3.2 Defense
- 2.3.3 Homeland Security
- 2.4 Global Market Growth Prospects
- 2.4.1 Global Cruise Missile Production Value Estimates and Forecasts (2021-2032)
- 2.4.2 Global Cruise Missile Production Capacity Estimates and Forecasts (2021-2032)
- 2.4.3 Global Cruise Missile Production Estimates and Forecasts (2021-2032)
- 2.4.4 Global Cruise Missile Market Average Price (2021-2032)
3 Market Competitive Landscape by Manufacturers
- 3.1 Global Cruise Missile Production by Manufacturers (2021-2026)
- 3.2 Global Cruise Missile Production Value by Manufacturers (2021-2026)
- 3.3 Global Cruise Missile Average Price by Manufacturers (2021-2026)
- 3.4 Global Cruise Missile Industry Manufacturers Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Cruise Missile Key Manufacturers, Manufacturing Sites & Headquarters
- 3.6 Global Cruise Missile Manufacturers, Product Type & Application
- 3.7 Global Cruise Missile Manufacturers Established Date
- 3.8 Global Cruise Missile Market CR5 and HHI
- 3.9 Global Manufacturers Mergers & Acquisition
4 Manufacturers Profiled
- 4.1 Lockheed Martin
- 4.1.1 Lockheed Martin Cruise Missile Company Information
- 4.1.2 Lockheed Martin Cruise Missile Business Overview
- 4.1.3 Lockheed Martin Cruise Missile Production, Value and Gross Margin (2021-2026)
- 4.1.4 Lockheed Martin Product Portfolio
- 4.1.5 Lockheed Martin Recent Developments
- 4.2 Raytheon
- 4.2.1 Raytheon Cruise Missile Company Information
- 4.2.2 Raytheon Cruise Missile Business Overview
- 4.2.3 Raytheon Cruise Missile Production, Value and Gross Margin (2021-2026)
- 4.2.4 Raytheon Product Portfolio
- 4.2.5 Raytheon Recent Developments
- 4.3 Tactical Missiles Corporation
- 4.3.1 Tactical Missiles Corporation Cruise Missile Company Information
- 4.3.2 Tactical Missiles Corporation Cruise Missile Business Overview
- 4.3.3 Tactical Missiles Corporation Cruise Missile Production, Value and Gross Margin (2021-2026)
- 4.3.4 Tactical Missiles Corporation Product Portfolio
- 4.3.5 Tactical Missiles Corporation Recent Developments
- 4.4 CASIC
- 4.4.1 CASIC Cruise Missile Company Information
- 4.4.2 CASIC Cruise Missile Business Overview
- 4.4.3 CASIC Cruise Missile Production, Value and Gross Margin (2021-2026)
- 4.4.4 CASIC Product Portfolio
- 4.4.5 CASIC Recent Developments
- 4.5 Roketsan A.S
- 4.5.1 Roketsan A.S Cruise Missile Company Information
- 4.5.2 Roketsan A.S Cruise Missile Business Overview
- 4.5.3 Roketsan A.S Cruise Missile Production, Value and Gross Margin (2021-2026)
- 4.5.4 Roketsan A.S Product Portfolio
- 4.5.5 Roketsan A.S Recent Developments
- 4.6 Taurus Systems
- 4.6.1 Taurus Systems Cruise Missile Company Information
- 4.6.2 Taurus Systems Cruise Missile Business Overview
- 4.6.3 Taurus Systems Cruise Missile Production, Value and Gross Margin (2021-2026)
- 4.6.4 Taurus Systems Product Portfolio
- 4.6.5 Taurus Systems Recent Developments
5 Global Cruise Missile Production by Region
- 5.1 Global Cruise Missile Production Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.2 Global Cruise Missile Production by Region: 2021-2032
- 5.2.1 Global Cruise Missile Production by Region: 2021-2026
- 5.2.2 Global Cruise Missile Production Forecast by Region (2027-2032)
- 5.3 Global Cruise Missile Production Value Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 5.4 Global Cruise Missile Production Value by Region: 2021-2032
- 5.4.1 Global Cruise Missile Production Value by Region: 2021-2026
- 5.4.2 Global Cruise Missile Production Value Forecast by Region (2027-2032)
- 5.5 Global Cruise Missile Market Price Analysis by Region (2021-2026)
- 5.6 Global Cruise Missile Production and Value, YOY Growth
- 5.6.1 North America Cruise Missile Production Value Estimates and Forecasts (2021-2032)
- 5.6.2 Europe Cruise Missile Production Value Estimates and Forecasts (2021-2032)
- 5.6.3 China Cruise Missile Production Value Estimates and Forecasts (2021-2032)
- 5.6.4 Japan Cruise Missile Production Value Estimates and Forecasts (2021-2032)
6 Global Cruise Missile Consumption by Region
- 6.1 Global Cruise Missile Consumption Estimates and Forecasts by Region: 2021 VS 2025 VS 2032
- 6.2 Global Cruise Missile Consumption by Region (2021-2032)
- 6.2.1 Global Cruise Missile Consumption by Region: 2021-2026
- 6.2.2 Global Cruise Missile Forecasted Consumption by Region (2027-2032)
- 6.3 North America
- 6.3.1 North America Cruise Missile Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.3.2 North America Cruise Missile Consumption by Country (2021-2032)
- 6.3.3 United States
- 6.3.4 Canada
- 6.3.5 Mexico
- 6.4 Europe
- 6.4.1 Europe Cruise Missile Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.4.2 Europe Cruise Missile Consumption by Country (2021-2032)
- 6.4.3 Germany
- 6.4.4 France
- 6.4.5 U.K.
- 6.4.6 Italy
- 6.4.7 Russia
- 6.4.8 Spain
- 6.4.9 Netherlands
- 6.4.10 Switzerland
- 6.4.11 Sweden
- 6.4.12 Poland
- 6.5 Asia Pacific
- 6.5.1 Asia Pacific Cruise Missile Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.5.2 Asia Pacific Cruise Missile Consumption by Country (2021-2032)
- 6.5.3 China
- 6.5.4 Japan
- 6.5.5 South Korea
- 6.5.6 India
- 6.5.7 Australia
- 6.5.8 Taiwan
- 6.5.9 Southeast Asia
- 6.6 South America, Middle East & Africa
- 6.6.1 South America, Middle East & Africa Cruise Missile Consumption Growth Rate by Country: 2021 VS 2025 VS 2032
- 6.6.2 South America, Middle East & Africa Cruise Missile Consumption by Country (2021-2032)
- 6.6.3 Brazil
- 6.6.4 Argentina
- 6.6.5 Chile
- 6.6.6 Turkey
- 6.6.7 GCC Countries
7 Segment by Type
- 7.1 Global Cruise Missile Production by Type (2021-2032)
- 7.1.1 Global Cruise Missile Production by Type (2021-2032) & (Units)
- 7.1.2 Global Cruise Missile Production Market Share by Type (2021-2032)
- 7.2 Global Cruise Missile Production Value by Type (2021-2032)
- 7.2.1 Global Cruise Missile Production Value by Type (2021-2032) & (US$ Million)
- 7.2.2 Global Cruise Missile Production Value Market Share by Type (2021-2032)
- 7.3 Global Cruise Missile Price by Type (2021-2032)
8 Segment by Application
- 8.1 Global Cruise Missile Production by Application (2021-2032)
- 8.1.1 Global Cruise Missile Production by Application (2021-2032) & (Units)
- 8.1.2 Global Cruise Missile Production Market Share by Application (2021-2032)
- 8.2 Global Cruise Missile Production Value by Application (2021-2032)
- 8.2.1 Global Cruise Missile Production Value by Application (2021-2032) & (US$ Million)
- 8.2.2 Global Cruise Missile Production Value Market Share by Application (2021-2032)
- 8.3 Global Cruise Missile Price by Application (2021-2032)
9 Value Chain and Sales Channels Analysis of the Market
- 9.1 Cruise Missile Value Chain Analysis
- 9.1.1 Cruise Missile Key Raw Materials
- 9.1.2 Raw Materials Key Suppliers
- 9.1.3 Cruise Missile Production Mode & Process
- 9.2 Cruise Missile Sales Channels Analysis
- 9.2.1 Direct Comparison with Distribution Share
- 9.2.2 Cruise Missile Distributors
- 9.2.3 Cruise Missile Customers
10 Global Cruise Missile Analyzing Market Dynamics
- 10.1 Cruise Missile Industry Trends
- 10.2 Cruise Missile Industry Drivers
- 10.3 Cruise Missile Industry Opportunities and Challenges
- 10.4 Cruise Missile Industry Restraints
11 Report Conclusion
12 Disclaimer
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