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 Growth & Trends
Global Cruise Missile Industry Growth and Trends Forecast to 2032
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 provides a structured, data-driven view of the global Cruise Missile market, combining harmonized quantitative metrics with targeted qualitative insight to support business and growth strategy, market positioning, and capital allocation.
The Cruise Missile market size, estimates, and forecasts are presented in terms of sales volume (Units) and revenue (US$ million), with 2025 as the base year and historical and forecast data for 2021-2032. The report segments the global Cruise Missile market by Type, Application, region/country, and company, provides regional market sizes at the segment level, profiles the competitive landscape and key players and their market ranks, and reviews technology trends and new product developments relevant to Cruise Missile.
Key Companies & Market Share Insights
This section analyzes the strategies and performance of leading manufacturers in the global Cruise Missile market, including portfolio focus, innovation and product development, mergers and acquisitions, collaborations, and geographic expansion used to sustain or enhance competitive positions. It also summarizes recent corporate developments and key financial indicators and provides global revenue, price, and sales volume data by manufacturer for 2020-2025, enabling benchmarking of scale, pricing, and market share and supporting assessment of market concentration through indicators such as CR5 and CR10.
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: Introduces the study scope of this report, executive summary of market segments by type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 2: 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 3: Detailed analysis of Cruise Missile manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter 4: Sales, revenue of Cruise Missile in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter 5: Introduces market segments by application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter 6: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 7, 8, 9, 10 and 11: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter 12: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics.
Chapter 13: Concluding Insights 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 Market Overview
- 1.1 Product Definition
- 1.2 Global Market Growth Prospects
- 1.2.1 Global Cruise Missile Market Size Estimates and Forecasts (2021-2032)
- 1.2.2 Global Cruise Missile Sales Estimates and Forecasts (2021-2032)
- 1.3 Cruise Missile Market by Type
- 1.3.1 Air-launched Cruise Missile
- 1.3.2 Land Attack Cruise Missile
- 1.3.3 Others
- 1.4 Global Cruise Missile Market Size by Type
- 1.4.1 Global Cruise Missile Market Size Overview by Type (2021-2032)
- 1.4.2 Global Cruise Missile Historic Market Size Review by Type (2021-2026)
- 1.4.3 Global Cruise Missile Forecasted Market Size by Type (2027-2032)
- 1.5 Key Regions Market Size by Type
- 1.5.1 North America Cruise Missile Sales Breakdown by Type (2021-2026)
- 1.5.2 Europe Cruise Missile Sales Breakdown by Type (2021-2026)
- 1.5.3 Asia-Pacific Cruise Missile Sales Breakdown by Type (2021-2026)
- 1.5.4 South America Cruise Missile Sales Breakdown by Type (2021-2026)
- 1.5.5 Middle East and Africa Cruise Missile Sales Breakdown by Type (2021-2026)
2 Global Market Dynamics
- 2.1 Cruise Missile Industry Trends
- 2.2 Cruise Missile Industry Drivers
- 2.3 Cruise Missile Industry Opportunities and Challenges
- 2.4 Cruise Missile Industry Restraints
3 Market Competitive Landscape by Company
- 3.1 Global Top Players by Cruise Missile Revenue (2021-2026)
- 3.2 Global Top Players by Cruise Missile Sales (2021-2026)
- 3.3 Global Top Players by Cruise Missile Price (2021-2026)
- 3.4 Global Cruise Missile Industry Company Ranking, 2024 VS 2025 VS 2026
- 3.5 Global Cruise Missile Major Company Production Sites & Headquarters
- 3.6 Global Cruise Missile Company, Product Type & Application
- 3.7 Global Cruise Missile Company Establishment Date
- 3.8 Market Competitive Analysis
- 3.8.1 Global Cruise Missile Market CR5 and HHI
- 3.8.2 Global Top 5 and 10 Cruise Missile Players Market Share by Revenue in 2025
- 3.8.3 2025 Cruise Missile Tier 1, Tier 2, and Tier 3
4 Cruise Missile Regional Status and Outlook
- 4.1 Global Cruise Missile Market Size and CAGR by Region: 2021 VS 2025 VS 2032
- 4.2 Global Cruise Missile Historic Market Size by Region
- 4.2.1 Global Cruise Missile Sales in Volume by Region (2021-2026)
- 4.2.2 Global Cruise Missile Sales in Value by Region (2021-2026)
- 4.2.3 Global Cruise Missile Sales (Volume & Value), Price and Gross Margin (2021-2026)
- 4.3 Global Cruise Missile Forecasted Market Size by Region
- 4.3.1 Global Cruise Missile Sales in Volume by Region (2027-2032)
- 4.3.2 Global Cruise Missile Sales in Value by Region (2027-2032)
- 4.3.3 Global Cruise Missile Sales (Volume & Value), Price and Gross Margin (2027-2032)
5 Cruise Missile by Application
- 5.1 Cruise Missile Market by Application
- 5.1.1 Defense
- 5.1.2 Homeland Security
- 5.2 Global Cruise Missile Market Size by Application
- 5.2.1 Global Cruise Missile Market Size Overview by Application (2021-2032)
- 5.2.2 Global Cruise Missile Historic Market Size Review by Application (2021-2026)
- 5.2.3 Global Cruise Missile Forecasted Market Size by Application (2027-2032)
- 5.3 Key Regions Market Size by Application
- 5.3.1 North America Cruise Missile Sales Breakdown by Application (2021-2026)
- 5.3.2 Europe Cruise Missile Sales Breakdown by Application (2021-2026)
- 5.3.3 Asia-Pacific Cruise Missile Sales Breakdown by Application (2021-2026)
- 5.3.4 South America Cruise Missile Sales Breakdown by Application (2021-2026)
- 5.3.5 Middle East and Africa Cruise Missile Sales Breakdown by Application (2021-2026)
6 Company Profiles
- 6.1 Lockheed Martin
- 6.1.1 Lockheed Martin Company Information
- 6.1.2 Lockheed Martin Business Overview
- 6.1.3 Lockheed Martin Cruise Missile Sales, Revenue and Gross Margin (2021-2026)
- 6.1.4 Lockheed Martin Cruise Missile Product Portfolio
- 6.1.5 Lockheed Martin Recent Developments
- 6.2 Raytheon
- 6.2.1 Raytheon Company Information
- 6.2.2 Raytheon Business Overview
- 6.2.3 Raytheon Cruise Missile Sales, Revenue and Gross Margin (2021-2026)
- 6.2.4 Raytheon Cruise Missile Product Portfolio
- 6.2.5 Raytheon Recent Developments
- 6.3 Tactical Missiles Corporation
- 6.3.1 Tactical Missiles Corporation Company Information
- 6.3.2 Tactical Missiles Corporation Business Overview
- 6.3.3 Tactical Missiles Corporation Cruise Missile Sales, Revenue and Gross Margin (2021-2026)
- 6.3.4 Tactical Missiles Corporation Cruise Missile Product Portfolio
- 6.3.5 Tactical Missiles Corporation Recent Developments
- 6.4 CASIC
- 6.4.1 CASIC Company Information
- 6.4.2 CASIC Business Overview
- 6.4.3 CASIC Cruise Missile Sales, Revenue and Gross Margin (2021-2026)
- 6.4.4 CASIC Cruise Missile Product Portfolio
- 6.4.5 CASIC Recent Developments
- 6.5 Roketsan A.S
- 6.5.1 Roketsan A.S Company Information
- 6.5.2 Roketsan A.S Business Overview
- 6.5.3 Roketsan A.S Cruise Missile Sales, Revenue and Gross Margin (2021-2026)
- 6.5.4 Roketsan A.S Cruise Missile Product Portfolio
- 6.5.5 Roketsan A.S Recent Developments
- 6.6 Taurus Systems
- 6.6.1 Taurus Systems Company Information
- 6.6.2 Taurus Systems Business Overview
- 6.6.3 Taurus Systems Cruise Missile Sales, Revenue and Gross Margin (2021-2026)
- 6.6.4 Taurus Systems Cruise Missile Product Portfolio
- 6.6.5 Taurus Systems Recent Developments
7 North America by Country
- 7.1 North America Cruise Missile Sales by Country
- 7.1.1 North America Cruise Missile Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.1.2 North America Cruise Missile Sales by Country (2021-2026)
- 7.1.3 North America Cruise Missile Sales Forecast by Country (2027-2032)
- 7.2 North America Cruise Missile Market Size by Country
- 7.2.1 North America Cruise Missile Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 7.2.2 North America Cruise Missile Market Size by Country (2021-2026)
- 7.2.3 North America Cruise Missile Market Size Forecast by Country (2027-2032)
8 Europe by Country
- 8.1 Europe Cruise Missile Sales by Country
- 8.1.1 Europe Cruise Missile Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.1.2 Europe Cruise Missile Sales by Country (2021-2026)
- 8.1.3 Europe Cruise Missile Sales Forecast by Country (2027-2032)
- 8.2 Europe Cruise Missile Market Size by Country
- 8.2.1 Europe Cruise Missile Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 8.2.2 Europe Cruise Missile Market Size by Country (2021-2026)
- 8.2.3 Europe Cruise Missile Market Size Forecast by Country (2027-2032)
9 Asia-Pacific by Country
- 9.1 Asia-Pacific Cruise Missile Sales by Country
- 9.1.1 Asia-Pacific Cruise Missile Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.1.2 Asia-Pacific Cruise Missile Sales by Country (2021-2026)
- 9.1.3 Asia-Pacific Cruise Missile Sales Forecast by Country (2027-2032)
- 9.2 Asia-Pacific Cruise Missile Market Size by Country
- 9.2.1 Asia-Pacific Cruise Missile Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 9.2.2 Asia-Pacific Cruise Missile Market Size by Country (2021-2026)
- 9.2.3 Asia-Pacific Cruise Missile Market Size Forecast by Country (2027-2032)
10 South America by Country
- 10.1 South America Cruise Missile Sales by Country
- 10.1.1 South America Cruise Missile Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.1.2 South America Cruise Missile Sales by Country (2021-2026)
- 10.1.3 South America Cruise Missile Sales Forecast by Country (2027-2032)
- 10.2 South America Cruise Missile Market Size by Country
- 10.2.1 South America Cruise Missile Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 10.2.2 South America Cruise Missile Market Size by Country (2021-2026)
- 10.2.3 South America Cruise Missile Market Size Forecast by Country (2027-2032)
11 Middle East and Africa by Country
- 11.1 Middle East and Africa Cruise Missile Sales by Country
- 11.1.1 Middle East and Africa Cruise Missile Sales Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.1.2 Middle East and Africa Cruise Missile Sales by Country (2021-2026)
- 11.1.3 Middle East and Africa Cruise Missile Sales Forecast by Country (2027-2032)
- 11.2 Middle East and Africa Cruise Missile Market Size by Country
- 11.2.1 Middle East and Africa Cruise Missile Market Size Growth Rate (CAGR) by Country: 2021 VS 2025 VS 2032
- 11.2.2 Middle East and Africa Cruise Missile Market Size by Country (2021-2026)
- 11.2.3 Middle East and Africa Cruise Missile Market Size Forecast by Country (2027-2032)
12 Value Chain and Sales Channels Analysis
- 12.1 Cruise Missile Value Chain Analysis
- 12.1.1 Cruise Missile Key Raw Materials
- 12.1.2 Key Raw Materials Price
- 12.1.3 Raw Materials Key Suppliers
- 12.1.4 Manufacturing Cost Structure
- 12.1.5 Cruise Missile Production Mode & Process
- 12.2 Cruise Missile Sales Channels Analysis
- 12.2.1 Direct Comparison with Distribution Share
- 12.2.2 Cruise Missile Distributors
- 12.2.3 Cruise Missile Customers
13 Concluding Insights
14 Appendix
- 14.1 Reasons for Doing This Study
- 14.2 Research Methodology
- 14.3 Research Process
- 14.4 Authors List of This Report
- 14.5 Data Source
- 14.5.1 Secondary Sources
- 14.5.2 Primary Sources
- 14.6 Disclaimer
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