Hypersonic Technology Market to Grow at a CAGR of 9.7% and will Reach USD 12.18 billion by 2030 – WhaTech
The hypersonic technology market is expected to experience significant growth, with a projected compound annual growth rate (CAGR) of 9.7% by 2030. This growth is anticipated to lead to a market value of USD 12.18 billion by the same year. Hypersonic technology refers to the development of vehicles and systems that can travel at speeds greater than Mach 5, which is five times the speed of sound. This technology has the potential to revolutionize various industries, including defense, aerospace, and transportation. With ongoing advancements in hypersonic technology, the market is poised for substantial growth in the coming years.