Loitering Munition Market by Type (Recoverable and Expendable), Launch Mode (Air Launched Effect, Vertical Take-Off, Catapult Launched, Canister Launched, Hand Launched), End User, Range and Region - Global Forecast to 2029

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USD 0.82 BN
MARKET SIZE, 2030
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CAGR 9.0%
(2025-2030)
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241
REPORT PAGES
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241
MARKET TABLES

OVERVIEW

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

The loitering munitions market, often referred to as kamikaze drones or suicide drones, is projected to reach USD 0.82 billion by 2029 from USD 0.53 billion in 2024, at a CAGR of 9.0% from 2024 to 2029. Market growth is driven by rising demand for precision-strike capabilities, increasing cross-border conflicts, and the growing adoption of AI-enabled autonomous targeting systems.

KEY TAKEAWAYS

  • BY TYPE
    The loitering munitions market comprises recoverable and expendable systems, with expendable types leading due to their cost-effectiveness, ease of deployment, and suitability for one-time precision strike missions across tactical operations.
  • BY END USER
    Key end users include the Army, Navy, and Air Force, with the Army dominating the market owing to increased use of loitering munitions for reconnaissance, surveillance, and precision attack missions in high-threat environments.
  • BY LAUNCH MODE
    Launch modes include canister, catapult, vertical take-off, hand, and air-launched systems, with canister-launched munitions holding the largest share because of their compact structure, rapid deployment capability, and platform adaptability.
  • BY RANGE
    The market is divided into short-, medium-, and long-range systems, with short-range munitions driving demand because of their high maneuverability and effectiveness in close-range and urban combat situations.
  • BY REGION
    The loitering munitions market encompasses North America, Europe, the Asia Pacific, the Middle East, and the Rest of the World, with North America expected to lead due to increasing defense modernization efforts and a focus on advanced autonomous strike systems.
  • COMPETITIVE LANDSCAPE
    Major market players have adopted both organic and inorganic strategies, including partnerships and defense contracts. For example, AeroVironment (US), Israel Aerospace Industries (Israel), and Teledyne FLIR (US) have entered into multiple agreements and collaborations to meet the increasing global demand for advanced loitering munitions and autonomous precision-strike systems.

The loitering munitions industry is experiencing steady growth, driven by defense modernization and rising demand for precision, cost-effective strike capabilities across multi-domain operations. Advances in miniaturized propulsion, sensors, autonomy, and communications, together with growing asymmetric threats and expanded procurement, are accelerating adoption and reshaping sustainment and procurement models.

TRENDS & DISRUPTIONS IMPACTING CUSTOMERS' CUSTOMERS

Emerging defense trends, such as disruptive technologies and autonomous operations, are reshaping revenue streams across the defense and law enforcement sectors, influencing military branches and agencies. These shifts in end-user demand directly impact clients’ revenues and drive future growth opportunities.

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET DYNAMICS

Drivers
Impact
Level
  • Technological advancements as a driver for loitering munitions
  • Defense modernization
RESTRAINTS
Impact
Level
  • High upfront costs of loitering munition systems
  • Operational limitations
OPPORTUNITIES
Impact
Level
  • Revolutionizing border security and counter-insurgency operations
  • Enhancing naval warfare and maritime surveillance
CHALLENGES
Impact
Level
  • Technical limitations and reliability concerns
  • Potential threats to safety and violation of privacy

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Driver: Technological advancements as a driver for loitering munitions

Technological innovations such as AI-based guidance, enhanced sensors, and extended endurance systems are significantly improving the accuracy, autonomy, and operational flexibility of loitering munitions, including kamikaze drones, across diverse combat scenarios.

Restraint: High upfront costs of loitering munition systems

The high development and acquisition costs associated with advanced components, including precision navigation systems and data links, make loitering munitions such as suicide drones less accessible to smaller or budget-constrained defense forces.

Opportunity: Revolutionizing border security and counter-insurgency operations

Loitering munitions offer real-time surveillance and precision strike capabilities, thereby enhancing situational awareness and effectiveness in border protection and counter-insurgency operations.

Challenge: Technical limitations and reliability concerns

Loitering munitions face challenges such as limited endurance, vulnerability to electronic interference, and system malfunctions, which can affect mission reliability and overall combat performance.

Loitering Munition Market: COMMERCIAL USE CASES ACROSS INDUSTRIES

COMPANY USE CASE DESCRIPTION BENEFITS
Ukrainian forces employed AeroVironment’s Switchblade (including 600) in 2024 to strike Russian air-defense assets—one documented attack hit a Buk launcher after >30 km transit; the weapon is also the first public buy under the U.S. DoD’s Replicator push to field swarms at scale. Company-backed, man-portable precision strike systems with rapid fielding and scale (Replicator) enable deep standoff attacks on high-value targets with reduced collateral risk and minimal logistics, demonstrating the combat role of suicide drones.
Russia’s ZALA Aero (Kalashnikov) “Lancet” loitering munitions were mass-employed in 2024, with reports indicating several hundred strikes in peak months, supporting offensive operations (e.g., the Kharkiv axis). High-volume, industry-scaled production of loitering munitions, particularly kamikaze drones, enables persistent suppression of artillery and air-defense systems, extending reach beyond the FEBA and disrupting logistics at comparatively low cost.

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET ECOSYSTEM

The loitering munitions ecosystem comprises manufacturers (ZALA, UVision, Teledyne FLIR, Rheinmetall, IAI, Thales), research bodies (DARPA, VNIITF, ADD), and end-users, including NATO and national defense forces. Manufacturers focus on precision and autonomy, while research institutions drive innovation to meet the evolving needs of the military and security sector.

Logos and trademarks shown above are the property of their respective owners. Their use here is for informational and illustrative purposes only.

MARKET SEGMENTS

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

Loitering Munitions Market, By Type

Expendable loitering munitions dominate the market due to their cost-effectiveness, ease of deployment, and suitability for one-time precision strike missions without recovery logistics, commonly referred to as kamikaze drones.

Loitering Munitions Market, By End-User

The Army segment leads the market as land forces increasingly deploy loitering munitions for tactical surveillance, SEAD missions, and precision strikes in high-threat zones. These systems, commonly referred to as kamikaze or suicide drones, are often used for point-target strikes and battlefield suppression.

Loitering Munitions Market, By Launch Mode

Canister-launched systems hold the largest share owing to their compact design, rapid deployment capability, and compatibility with multiple platforms, including vehicles and ships. Many kamikaze drones are deployed through these launch modes.

Loitering Munitions Market, By Range

Short-range loitering munitions dominate due to their suitability for close combat and urban operations, offering enhanced maneuverability and quick strike capabilities. These are widely seen in the form of suicide drones used in dense conflict zones.

REGION

North America to be fastest-growing region in global loitering munitions market during forecast period

The North American loitering munitions market is expected to register the highest CAGR during the forecast period, driven by the US's heavy investments in next-generation precision and autonomous strike systems, as well as Canada’s growing focus on strengthening border surveillance and modernizing defense initiatives.

Loitering Munition Market: COMPANY EVALUATION MATRIX

In the loitering munitions market matrix, AeroVironment (Star) leads with a strong market share and broad product portfolio, driven by its advanced Switchblade systems and AI-based strike capabilities. RTX (Emerging Leader) is expanding its presence through precision-guided technologies and defense integrations, showing strong potential to move toward the leaders’ quadrant as demand for smart loitering munitions grows.

Source: Secondary Research, Interviews with Experts, MarketsandMarkets Analysis

MARKET SCOPE

REPORT METRIC DETAILS
Market Size in 2023 (Value) USD 0.51 Billion
Market Forecast in 2029 (value) USD 0.82 Billion
Growth Rate CAGR of 9.0% from 2024-2029
Years Considered 2020-2029
Base Year 2023
Forecast Period 2024-2029
Units Considered Value (USD Million), Volume (Units)
Report Coverage Revenue forecast, company ranking, competitive landscape, growth factors, and trends.
Segments Covered
  • By Type:
    • Recoverable
    • Expendable
  • By End-User:
    • Army
    • Navy
    • Airforce
  • By Launch Mode:
    • Air Launched Effect
    • Vertical Take-Off
    • Catapult Launched
    • Canister Launched
    • Hand Launched
  • By Range:
    • Short Range
    • Medium Range
    • Long Range
Regions Covered North America, Europe, Asia Pacific, Middle East & Rest of the World

WHAT IS IN IT FOR YOU: Loitering Munition Market REPORT CONTENT GUIDE

DELIVERED CUSTOMIZATIONS

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CLIENT REQUEST CUSTOMIZATION DELIVERED VALUE ADDS
Leading Manufacturer Additional segment breakdown for countries Additional country-level market sizing tables for segments/sub-segments covered at the regional/global level to gain an understanding of the market potential of each country
Emerging Leader Additional company profiles Competitive information on targeted players to gain granular insights on direct competition
Regional Market Leader Additional country market estimates Additional country-level deep dive for a more targeted undertanding on the total addressable market

RECENT DEVELOPMENTS

  • September 2024 : Artemon Aerospace partnered with Munitions India Limited (MIL) to develop advanced loitering munitions for the Indian Armed Forces under the Atmanirbhar Bharat initiative, aiming to enhance indigenous defense capabilities through modern, self-reliant manufacturing.
  • April 2024 : Teledyne FLIR won a USD 12 million contract from the U.S. Marine Corps to supply 127 OPF-L loitering munitions, strengthening small-unit lethality and operational flexibility through advanced precision-strike systems.
  • November 2023 : Israel Aerospace Industries (IAI) signed USD 145 million in contracts to deliver Harpy NG and Harop loitering munitions to two nations, underscoring rising global demand for long-range precision systems and IAI’s strategic role in battlefield success.

 

Table of Contents

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TITLE
PAGE NO
1
INTRODUCTION
 
 
 
27
2
RESEARCH METHODOLOGY
 
 
 
31
3
EXECUTIVE SUMMARY
 
 
 
42
4
PREMIUM INSIGHTS
 
 
 
46
5
MARKET OVERVIEW
AI integration and precision demand drive loitering munitions' strategic role in modern defense.
 
 
 
49
 
5.1
INTRODUCTION
 
 
 
 
5.2
MARKET DYNAMICS
 
 
 
 
 
5.2.1
DRIVERS
 
 
 
 
 
5.2.1.1
INTEGRATION OF AI AND SENSORS INTO LOITERING MUNITIONS
 
 
 
 
5.2.1.2
DEFENSE MODERNIZATION INITIATIVES
 
 
 
 
5.2.1.3
COST-EFFECTIVENESS AND VERSATILITY
 
 
 
 
5.2.1.4
INCREASING DEMAND FOR PRECISION STRIKE CAPABILITIES
 
 
 
5.2.2
RESTRAINTS
 
 
 
 
 
5.2.2.1
HIGH PROCUREMENT COSTS
 
 
 
 
5.2.2.2
OPERATIONAL LIMITATIONS
 
 
 
 
5.2.2.3
REGULATORY CHALLENGES
 
 
 
5.2.3
OPPORTUNITIES
 
 
 
 
 
5.2.3.1
FOCUS ON ENHANCING BORDER SECURITY AND COUNTER-INSURGENCY OPERATIONS
 
 
 
 
5.2.3.2
ADVANCEMENTS IN COUNTERMEASURE TECHNOLOGIES
 
 
 
 
5.2.3.3
SIGNIFICANCE OF LOITERING MUNITIONS IN NAVAL WARFARE AND MARITIME SURVEILLANCE
 
 
 
5.2.4
CHALLENGES
 
 
 
 
 
5.2.4.1
TECHNICAL LIMITATIONS AND RELIABILITY CONCERNS
 
 
 
 
5.2.4.2
POTENTIAL THREATS TO SAFETY AND VIOLATION OF PRIVACY
 
 
5.3
ECOSYSTEM ANALYSIS
 
 
 
 
 
 
5.3.1
RESEARCH ORGANIZATIONS
 
 
 
 
5.3.2
MANUFACTURERS AND SERVICE PROVIDERS
 
 
 
 
5.3.3
END USERS
 
 
 
5.4
TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
5.5
VALUE CHAIN ANALYSIS
 
 
 
 
 
 
5.5.1
PLANNING AND REVISING FUNDING (~15%)
 
 
 
 
5.5.2
RESEARCH AND DEVELOPMENT (~20%)
 
 
 
 
5.5.3
RAW MATERIAL PROCUREMENT AND MANUFACTURING (~15%)
 
 
 
 
5.5.4
ASSEMBLY, TESTING, AND APPROVAL (~30%)
 
 
 
 
5.5.5
DISTRIBUTION (~10%)
 
 
 
 
5.5.6
AFTER-SALES SERVICE (~10%)
 
 
 
5.6
OPERATIONAL DATA
 
 
 
 
 
5.6.1
ACTIVE FLEET OF LOITERING MUNITIONS USED BY KEY COUNTRIES, 2021-2023 (UNITS)
 
 
 
5.7
MACROECONOMIC OUTLOOK
 
 
 
 
 
5.7.1
NORTH AMERICA
 
 
 
 
5.7.2
EUROPE
 
 
 
 
5.7.3
ASIA PACIFIC
 
 
 
 
5.7.4
MIDDLE EAST
 
 
 
 
5.7.5
REST OF THE WORLD
 
 
 
5.8
KEY STAKEHOLDERS AND BUYING CRITERIA
 
 
 
 
 
 
5.8.1
KEY STAKEHOLDERS IN BUYING PROCESS
 
 
 
 
5.8.2
BUYING CRITERIA
 
 
 
5.9
USE CASE ANALYSIS
 
 
 
 
 
5.9.1
LOITERING MUNITIONS AS NEW-AGE WEAPONS
 
 
 
 
5.9.2
LEGALLY BINDING INTERNATIONAL REGULATIONS ON AUTONOMOUS WEAPON SYSTEMS
 
 
 
 
5.9.3
LOITERING MUNITIONS AND IMPLICATIONS FOR INTERNATIONAL HUMANITARIAN LAW
 
 
 
5.10
TECHNOLOGY ANALYSIS
 
 
 
 
 
5.10.1
KEY TECHNOLOGIES
 
 
 
 
 
5.10.1.1
LIGHTWEIGHT SENSORS AND GUIDANCE SYSTEMS
 
 
 
 
5.10.1.2
ADVANCED COMMUNICATIONS SYSTEMS
 
 
 
5.10.2
COMPLEMENTARY TECHNOLOGIES
 
 
 
 
 
5.10.2.1
BVLOS OPERATIONS
 
 
 
 
5.10.2.2
COUNTER-UNMANNED AERIAL SYSTEMS
 
 
 
 
5.10.2.3
SECURITY PROTOCOLS
 
 
 
5.10.3
ADJACENT TECHNOLOGIES
 
 
 
 
 
5.10.3.1
INNOVATIVE BATTERY TECHNOLOGIES
 
 
 
 
5.10.3.2
ELECTRO-OPTICAL AND INFRARED SENSORS
 
 
5.11
PRICING ANALYSIS
 
 
 
 
 
 
5.11.1
INDICATIVE PRICING ANALYSIS OF LOITERING MUNITIONS OFFERED BY KEY PLAYERS
 
 
 
 
5.11.2
INDICATIVE PRICING ANALYSIS OF LOITERING MUNITIONS, BY REGION
 
 
 
5.12
LOITERING MUNITION DEFENSE PROGRAMS, BY REGION/COUNTRY
 
 
 
 
 
5.12.1
DEFENSE PROGRAMS IN NORTH AMERICA: US, CANADA
 
 
 
 
5.12.2
DEFENSE PROGRAMS IN EUROPE: UK, FRANCE, GERMANY, ITALY
 
 
 
5.13
PRODUCT COMPARISON
 
 
 
 
 
 
5.13.1
PRODUCT COMPARISON, BY TYPE
 
 
 
 
 
5.13.1.1
RECOVERABLE
 
 
 
 
5.13.1.2
EXPENDABLE
 
 
 
5.13.2
PRODUCT COMPARISON, BY SIMILAR WEAPON
 
 
 
 
 
5.13.2.1
CRUISE MISSILE
 
 
 
 
5.13.2.2
LOITERING MUNITION
 
 
 
 
5.13.2.3
UNMANNED COMBAT AERIAL VEHICLE (UCAVS)
 
 
5.14
COUNTRY TRACKER (DOMESTIC VS. FOREIGN MANUFACTURING CAPABILITIES)
 
 
 
 
5.15
TRADE ANALYSIS
 
 
 
 
 
 
5.15.1
IMPORT DATA (HS CODE 930690)
 
 
 
 
5.15.2
EXPORT DATA (HS CODE 930690)
 
 
 
5.16
TARIFF AND REGULATORY LANDSCAPE
 
 
 
 
 
 
5.16.1
TARIFF
 
 
 
 
5.16.2
REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
5.17
KEY CONFERENCES AND EVENTS, 2025
 
 
 
 
5.18
BILL OF MATERIALS
 
 
 
 
 
5.18.1
AIRFRAME
 
 
 
 
5.18.2
AVIONICS
 
 
 
 
5.18.3
PROPULSION SYSTEM
 
 
 
 
5.18.4
PAYLOAD
 
 
 
 
5.18.5
LAUNCH & RECOVERY SYSTEM
 
 
 
5.19
TOTAL COST OF OWNERSHIP
 
 
 
 
5.20
BUSINESS MODELS
 
 
 
 
 
5.20.1
ONE-TIME HARDWARE PURCHASE
 
 
 
 
5.20.2
PER-USE REVENUE
 
 
 
 
5.20.3
HARDWARE+ SERVICES BUNDLE
 
 
 
5.21
IMPACT OF AI
 
 
 
 
 
 
5.21.1
AI IN TARGET DETECTION AND DECISIONS
 
 
 
 
5.21.2
AI IN MISSION CONTROL
 
 
 
 
5.21.3
AI IN MAINTENANCE PREDICTION
 
 
 
 
5.21.4
AI IN RESOURCE OPTIMIZATION
 
 
 
5.22
INVESTMENT AND FUNDING SCENARIO
 
 
 
6
INDUSTRY TRENDS
Explore cutting-edge tech reshaping defense: autonomous systems, swarm tech, and blockchain integration.
 
 
 
88
 
6.1
INTRODUCTION
 
 
 
 
6.2
TECHNOLOGY TRENDS
 
 
 
 
 
6.2.1
AUTONOMOUS TARGET RECOGNITION SYSTEMS
 
 
 
 
6.2.2
SWARM TECHNOLOGY
 
 
 
 
6.2.3
MULTI-MISSION CAPABILITIES AND MODULARITY
 
 
 
 
6.2.4
SOFTWARE-DEFINED NETWORKING
 
 
 
 
6.2.5
TARGET DRONES
 
 
 
6.3
IMPACT OF MEGATRENDS
 
 
 
 
 
6.3.1
NANOTECHNOLOGY
 
 
 
 
6.3.2
BLOCKCHAIN AND IOT
 
 
 
6.4
SUPPLY CHAIN ANALYSIS
 
 
 
 
 
 
6.4.1
RAW MATERIAL SUPPLIERS
 
 
 
 
6.4.2
COMPONENT MANUFACTURERS
 
 
 
 
6.4.3
LOITERING MUNITION MANUFACTURERS
 
 
 
 
6.4.4
SOFTWARE INTEGRATORS
 
 
 
 
6.4.5
END USERS
 
 
 
6.5
TECHNOLOGY ROADMAP
 
 
 
 
 
6.5.1
TECHNOLOGY ROADMAP BY TYPE AND BY LAUNCH MODE (2010-2035)
 
 
 
6.6
PATENT ANALYSIS
 
 
 
 
7
LOITERING MUNITION MARKET, BY TYPE (MARKET SIZE & FORECAST TO 2029 - USD MILLION)
Market Size & Growth Rate Forecast Analysis to 2029 in USD Million | 2 Data Tables
 
 
 
98
 
7.1
INTRODUCTION
 
 
 
 
7.2
RECOVERABLE
 
 
 
 
 
7.2.1
SUICIDE DRONE USE CASE: SPIKE FIREFLY BY RAFAEL ADVANCED
 
 
 
 
7.2.2
NEED FOR MORE VERSATILE AND COST-EFFECTIVE COMBAT SOLUTIONS TO DRIVE MARKET
 
 
 
7.3
EXPENDABLE
 
 
 
 
 
7.3.1
KAMIKAZE DRONE USE CASE: PHOENIX GHOST BY AEVEX
 
 
 
 
7.3.2
STRATEGIC ADVANTAGES IN MODERN WARFARE TO DRIVE MARKET
 
 
8
LOITERING MUNITION MARKET, BY END USER (MARKET SIZE & FORECAST TO 2029 - USD MILLION)
Market Size & Growth Rate Forecast Analysis to 2029 in USD Million | 7 Data Tables
 
 
 
102
 
8.1
INTRODUCTION
 
 
 
 
8.2
OPERATIONAL CAPABILITIES, BY COUNTRY
 
 
 
 
 
8.2.1
US: TOP THREE DRONES AND SPECIFICATIONS
 
 
 
 
8.2.2
UK: TOP THREE DRONES AND SPECIFICATIONS
 
 
 
 
8.2.3
FRANCE: TOP THREE DRONES AND SPECIFICATIONS
 
 
 
 
8.2.4
INDIA: TOP THREE DRONES AND SPECIFICATIONS
 
 
 
 
8.2.5
ISRAEL: TOP THREE DRONES AND SPECIFICATIONS
 
 
 
8.3
ARMY
 
 
 
 
 
8.3.1
USE CASE: SHAHED GERAN FAMILY’S STRATEGIC LONG-RANGE SATURATION STRIKES AGAINST INFRASTRUCTURE
 
 
 
 
8.3.2
FOCUS ON ENHANCING OPERATIONAL CAPABILITIES TO DRIVE MARKET
 
 
 
8.4
NAVY
 
 
 
 
 
8.4.1
USE CASE: HERO FAMILY BY UVISION FROM SMALL BOATS AND UNMANNED VESSELS FOR COASTAL DEFENSE AND SHORELINE ATTACKS
 
 
 
 
8.4.2
RISE OF ASYMMETRIC THREATS TO DRIVE MARKET
 
 
 
8.5
AIR FORCE
 
 
 
 
 
8.5.1
USE CASE: AEROVIRONMENT’S SWITCHBLADE 600 GROUND-LAUNCHED SEAD PRECISION TAKEDOWN OF MOBILE AIR DEFENSE SYSTEMS
 
 
 
 
8.5.2
SURGE IN DEFENSE BUDGETS AND MODERNIZATION EFFORTS TO DRIVE MARKET
 
 
9
LOITERING MUNITION MARKET, BY LAUNCH MODE (MARKET SIZE & FORECAST TO 2029 - USD MILLION)
Market Size & Growth Rate Forecast Analysis to 2029 in USD Million | 2 Data Tables
 
 
 
110
 
9.1
INTRODUCTION
 
 
 
 
9.2
AIR LAUNCHED EFFECT
 
 
 
 
 
9.2.1
LOITERING DRONE USE CASE: ALTIUS-700M BY ANDURIL INDUSTRIES
 
 
 
 
9.2.2
NEED FOR RAPID RESPONSE TIMES IN MILITARY OPERATIONS TO DRIVE MARKET
 
 
 
9.3
VERTICAL TAKE-OFF
 
 
 
 
 
9.3.1
LOITERING DRONE USE CASE: ROTEM ALPHA BY ISRAEL AEROSPACE INDUSTRIES (IAI)
 
 
 
 
9.3.2
MODERNIZATION OF MILITARY ARSENALS AMID EVOLVING THREATS TO DRIVE MARKET
 
 
 
9.4
CANISTER LAUNCHED
 
 
 
 
 
9.4.1
LOITERING DRONE USE CASE: SKYSTRIKER BY ELBIT SYSTEMS LTD
 
 
 
 
9.4.2
HIGH DEMAND FOR VERSATILE DEPLOYMENT METHODS FROM MILITARY FORCES TO DRIVE MARKET
 
 
 
9.5
CATAPULT LAUNCHED
 
 
 
 
 
9.5.1
LOITERING DRONE USE CASE: WARMATE BY WB GROUP
 
 
 
 
9.5.2
SHIFT TOWARD INTEGRATED COMBAT SOLUTIONS TO DRIVE MARKET
 
 
 
9.6
HAND LAUNCHED
 
 
 
 
 
9.6.1
KAMIKAZE DRONE USE CASE: HERO-30 BY UVISION
 
 
 
 
9.6.2
EMPHASIS ON PRECISION STRIKES IN URBAN WARFARE TO DRIVE MARKET
 
 
10
LOITERING MUNITION MARKET, BY RANGE (MARKET SIZE & FORECAST TO 2029 - USD MILLION)
Market Size & Growth Rate Forecast Analysis to 2029 in USD Million | 2 Data Tables
 
 
 
116
 
10.1
INTRODUCTION
 
 
 
 
10.2
SHORT RANGE (>25 KM)
 
 
 
 
 
10.2.1
SUICIDE DRONE USE CASE: NAGASTRA 1R BY SOLAR GROUP
 
 
 
 
10.2.2
TACTICAL ADVANTAGES IN CLOSE COMBAT SITUATIONS TO DRIVE MARKET
 
 
 
10.3
MEDIUM RANGE (25-100 KM)
 
 
 
 
 
10.3.1
KAMIKAZE DRONE USE CASE: LANCET BY ZALA
 
 
 
 
10.3.2
NEED FOR ENHANCED OPERATIONAL AGILITY AND PRECISION STRIKES TO DRIVE MARKET
 
 
 
10.4
LONG RANGE (< 100 KM)
 
 
 
 
 
10.4.1
LOITERING DRONE USE CASE: HARPY BY ISRAEL AEROSPACE INDUSTRIES (IAI)
 
 
 
 
10.4.2
INCREASED PREFERENCE FOR DEEP-STRIKE CAPABILITIES AMONG MILITARY FORCES TO DRIVE MARKET
 
 
11
LOITERING MUNITION MARKET, BY REGION (MARKET SIZE & FORECAST TO 2029 - USD MILLION)
Comprehensive coverage of 7 Regions with country-level deep-dive of 15 Countries | 126 Data Tables.
 
 
 
121
 
11.1
INTRODUCTION
 
 
 
 
11.2
NORTH AMERICA
 
 
 
 
 
11.2.1
PESTLE ANALYSIS
 
 
 
 
11.2.2
US
 
 
 
 
 
11.2.2.1
INCREASING INVESTMENTS IN ADVANCED LOITERING MUNITIONS TO DRIVE MARKET
 
 
 
11.2.3
CANADA
 
 
 
 
 
11.2.3.1
EMPHASIS ON STRENGTHENING MILITARY CAPABILITIES TO DRIVE MARKET
 
 
11.3
EUROPE
 
 
 
 
 
11.3.1
PESTLE ANALYSIS
 
 
 
 
11.3.2
UK
 
 
 
 
 
11.3.2.1
NEED FOR LOITERING MUNITIONS IN DEFENSE ARSENAL TO DRIVE MARKET
 
 
 
11.3.3
GERMANY
 
 
 
 
 
11.3.3.1
COMMITMENT TO ENHANCING DEFENSE CAPABILITIES TO DRIVE MARKET
 
 
 
11.3.4
FRANCE
 
 
 
 
 
11.3.4.1
RISING ADOPTION OF LOITERING MUNITIONS FOR PRECISION TARGETING TO DRIVE MARKET
 
 
 
11.3.5
ITALY
 
 
 
 
 
11.3.5.1
STRATEGIC EFFORTS TO MODERNIZE DEFENSE FORCES TO DRIVE MARKET
 
 
 
11.3.6
REST OF EUROPE
 
 
 
11.4
ASIA PACIFIC
 
 
 
 
 
11.4.1
PESTLE ANALYSIS
 
 
 
 
11.4.2
INDIA
 
 
 
 
 
11.4.2.1
GOVERNMENT PUSH FOR INDIGENOUS DEFENSE CAPABILITIES TO DRIVE MARKET
 
 
 
11.4.3
JAPAN
 
 
 
 
 
11.4.3.1
SHIFT TOWARD ADVANCED MILITARY CAPABILITIES TO DRIVE MARKET
 
 
 
11.4.4
AUSTRALIA
 
 
 
 
 
11.4.4.1
EVOLVING DEFENSE STRATEGIES TO DRIVE MARKET
 
 
 
11.4.5
REST OF ASIA PACIFIC
 
 
 
11.5
MIDDLE EAST
 
 
 
 
 
11.5.1
PESTLE ANALYSIS
 
 
 
 
11.5.2
GCC
 
 
 
 
 
11.5.2.1
SAUDI ARABIA
 
 
 
 
11.5.2.2
UAE
 
 
 
11.5.3
ISRAEL
 
 
 
 
 
11.5.3.1
SURGE IN DEMAND FOR ADVANCED WARFARE SYSTEMS TO DRIVE MARKET
 
 
 
11.5.4
TURKEY
 
 
 
 
 
11.5.4.1
ONGOING DEVELOPMENT OF ADVANCED LOITERING MUNITIONS TO DRIVE MARKET
 
 
11.6
REST OF THE WORLD
 
 
 
 
 
11.6.1
PESTLE ANALYSIS
 
 
 
 
11.6.2
BRAZIL
 
 
 
 
 
11.6.2.1
INCREASING PROCUREMENT OF ADVANCED MILITARY TECHNOLOGIES TO DRIVE MARKET
 
 
 
11.6.3
MEXICO
 
 
 
 
 
11.6.3.1
EMPHASIS ON NATIONAL SECURITY TO DRIVE MARKET
 
 
 
11.6.4
SOUTH AFRICA
 
 
 
 
 
11.6.4.1
RISING SECURITY CHALLENGES TO DRIVE MARKET
 
12
COMPETITIVE LANDSCAPE
Discover how key players outmaneuver rivals with strategic insights and market dominance analysis.
 
 
 
175
 
12.1
INTRODUCTION
 
 
 
 
12.2
KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
 
 
 
 
12.3
REVENUE ANALYSIS, 2019–2023
 
 
 
 
 
 
12.3.1
REVENUE ANALYSIS OF UVISION, ELBIT, RHEINMETALL, IAI, AEROVIRONMENT
 
 
 
12.4
MARKET SHARE ANALYSIS, 2023
 
 
 
 
 
 
12.4.1
MARKET SHARE ANALYSIS OF UVISION, ELBIT, RHEINMETALL, IAI, AEROVIRONMENT
 
 
 
 
12.4.2
DEGREE OF COMPETITION
 
 
 
12.5
COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
 
 
 
 
 
 
12.5.1
STARS
 
 
 
 
12.5.2
EMERGING LEADERS
 
 
 
 
12.5.3
PERVASIVE PLAYERS
 
 
 
 
12.5.4
PARTICIPANTS
 
 
 
 
12.5.5
COMPANY FOOTPRINT
 
 
 
 
 
12.5.5.1
COMPANY FOOTPRINT
 
 
 
 
12.5.5.2
END USER FOOTPRINT
 
 
 
 
12.5.5.3
TYPE FOOTPRINT
 
 
 
 
12.5.5.4
REGION FOOTPRINT
 
 
12.6
COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023
 
 
 
 
 
 
12.6.1
PROGRESSIVE COMPANIES
 
 
 
 
12.6.2
RESPONSIVE COMPANIES
 
 
 
 
12.6.3
DYNAMIC COMPANIES
 
 
 
 
12.6.4
STARTING BLOCKS
 
 
 
 
12.6.5
COMPETITIVE BENCHMARKING
 
 
 
 
 
12.6.5.1
LIST OF START-UPS/SMES
 
 
 
 
12.6.5.2
COMPETITIVE BENCHMARKING OF START-UPS/SMES
 
 
12.7
COMPANY VALUATION AND FINANCIAL METRICS
 
 
 
 
 
12.7.1
VALUATION OF PROMINENT PLAYERS
 
 
 
 
12.7.2
FINANCIAL METRICS OF PROMINENT PLAYERS
 
 
 
12.8
BRAND/PRODUCT COMPARISON
 
 
 
 
 
12.9
COMPETITIVE SCENARIO
 
 
 
 
 
12.9.1
DEALS
 
 
 
 
12.9.2
OTHERS
 
 
13
COMPANY PROFILES
In-depth Company Profiles of Leading Market Players with detailed Business Overview, Product and Service Portfolio, Recent Developments, and Unique Analyst Perspective (MnM View)
 
 
 
195
 
13.1
KEY PLAYERS
 
 
 
 
 
13.1.1
AEROVIRONMENT, INC.
 
 
 
 
 
13.1.1.1
BUSINESS OVERVIEW
 
 
 
 
13.1.1.2
PRODUCTS OFFERED
 
 
 
 
13.1.1.3
RECENT DEVELOPMENTS
 
 
 
 
13.1.1.4
MNM VIEW
 
 
 
13.1.2
ELBIT SYSTEMS LTD.
 
 
 
 
13.1.3
RHEINMETALL AG
 
 
 
 
13.1.4
ISRAEL AEROSPACE INDUSTRIES
 
 
 
 
13.1.5
UVISION
 
 
 
 
13.1.6
THALES
 
 
 
 
13.1.7
NORTHROP GRUMMAN
 
 
 
 
13.1.8
WB GROUP
 
 
 
 
13.1.9
EDGE PJSC GROUP
 
 
 
 
13.1.10
ANDURIL INDUSTRIES
 
 
 
 
13.1.11
RTX
 
 
 
 
13.1.12
AEVEX AEROSPACE
 
 
 
 
13.1.13
STM SAVUNMA TEKNOLOJILERI MÜHENDISLIK VE TICARET A.S.
 
 
 
 
13.1.14
KNDS
 
 
 
 
13.1.15
PARAMOUNT GROUP
 
 
 
 
13.1.16
MBDA
 
 
 
 
13.1.17
TELEDYNE FLIR LLC
 
 
 
 
13.1.18
SOLAR GROUP
 
 
 
13.2
OTHER PLAYERS
 
 
 
 
 
13.2.1
ARQUIMEA
 
 
 
 
13.2.2
ROKETSAN
 
 
 
 
13.2.3
TATA ADVANCED SYSTEMS LIMITED
 
 
 
 
13.2.4
SPEAR
 
 
 
 
13.2.5
TRANSVARO ELEKTRON ALETLERI
 
 
 
 
13.2.6
BAYKAR TECHNOLOGIES
 
 
 
 
13.2.7
OVERWATCH GROUP
 
 
 
 
13.2.8
KADET DEFENCE SYSTEMS
 
 
 
 
13.2.9
DEFENDTEX
 
 
 
 
13.2.10
JOHNNETTE TECHNOLOGIES
 
 
14
APPENDIX
 
 
 
243
 
14.1
DISCUSSION GUIDE
 
 
 
 
14.2
KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
 
 
 
 
14.3
CUSTOMIZATION OPTIONS
 
 
 
 
14.4
RELATED REPORTS
 
 
 
 
14.5
AUTHOR DETAILS
 
 
 
LIST OF TABLES
 
 
 
 
 
TABLE 1
INCLUSIONS AND EXCLUSIONS
 
 
 
 
TABLE 2
USD EXCHANGE RATES
 
 
 
 
TABLE 3
INNOVATIONS IN LOITERING MUNITION
 
 
 
 
TABLE 4
DEFENSE MODERNIZATION INITIATIVES
 
 
 
 
TABLE 5
ROLE OF COMPANIES IN ECOSYSTEM
 
 
 
 
TABLE 6
ACTIVE FLEET OF LOITERING MUNITIONS USED BY KEY COUNTRIES, 2021–2023 (UNITS)
 
 
 
 
TABLE 7
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER (%)
 
 
 
 
TABLE 8
KEY BUYING CRITERIA, BY END USER
 
 
 
 
TABLE 9
INDICATIVE PRICING ANALYSIS OF LOITERING MUNITIONS, BY REGION (USD)
 
 
 
 
TABLE 10
DEFENSE PROGRAMS, BY COUNTRY
 
 
 
 
TABLE 11
DEFENSE PROGRAMS IN US
 
 
 
 
TABLE 12
DEFENSE PROGRAMS IN CANADA
 
 
 
 
TABLE 13
DEFENSE PROGRAMS IN UK
 
 
 
 
TABLE 14
DEFENSE PROGRAMS IN FRANCE
 
 
 
 
TABLE 15
DEFENSE PROGRAMS IN GERMANY
 
 
 
 
TABLE 16
DEFENSE PROGRAMS IN ITALY
 
 
 
 
TABLE 17
PRODUCT COMPARISON, BY TYPE
 
 
 
 
TABLE 18
PRODUCT COMPARISON, BY SIMILAR WEAPON
 
 
 
 
TABLE 19
DOMESTIC VS. FOREIGN MANUFACTURING CAPABILITIES
 
 
 
 
TABLE 20
IMPORT DATA FOR HS CODE 930690, BY COUNTRY, 2019–2023 (USD THOUSAND)
 
 
 
 
TABLE 21
EXPORT DATA FOR HS CODE 930690, BY COUNTRY, 2019–2023 (USD THOUSAND)
 
 
 
 
TABLE 22
TARIFFS FOR BOMBS, GRENADES, TORPEDOES, MINES, MISSILES, OTHER AMMUNITION AND PROJECTILES, AND PARTS (HS CODE: 930690)
 
 
 
 
TABLE 23
NORTH AMERICA: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 24
EUROPE: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 25
ASIA PACIFIC: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 26
REST OF THE WORLD: REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
 
 
 
 
TABLE 27
KEY CONFERENCES AND EVENTS, 2025
 
 
 
 
TABLE 28
BILL OF MATERIALS FOR LOITERING MUNITIONS (INDICATIVE % SHARE, 2024)
 
 
 
 
TABLE 29
TOTAL COST OF OWNERSHIP OF LOITERING MUNITIONS
 
 
 
 
TABLE 30
PATENT ANALYSIS
 
 
 
 
TABLE 31
LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 32
LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 33
US: TOP THREE DRONES AND SPECIFICATIONS
 
 
 
 
TABLE 34
UK: TOP THREE DRONES AND SPECIFICATIONS
 
 
 
 
TABLE 35
FRANCE: TOP THREE DRONES AND SPECIFICATIONS
 
 
 
 
TABLE 36
INDIA: TOP THREE DRONES AND SPECIFICATIONS
 
 
 
 
TABLE 37
ISRAEL: TOP THREE DRONES AND SPECIFICATIONS
 
 
 
 
TABLE 38
LOITERING MUNITION MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 39
LOITERING MUNITION MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 40
LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 41
LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 42
LOITERING MUNITION MARKET, BY RANGE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 43
LOITERING MUNITION MARKET, BY RANGE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 44
LOITERING MUNITION MARKET, BY REGION, 2020–2023 (UNITS)
 
 
 
 
TABLE 45
LOITERING MUNITION MARKET, BY REGION, 2024–2029 (UNITS)
 
 
 
 
TABLE 46
LOITERING MUNITION MARKET, BY REGION, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 47
LOITERING MUNITION MARKET, BY REGION, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 48
NORTH AMERICA: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 49
NORTH AMERICA: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 50
NORTH AMERICA: LOITERING MUNITION MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 51
NORTH AMERICA: LOITERING MUNITION MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 52
NORTH AMERICA: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 53
NORTH AMERICA: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 54
NORTH AMERICA: LOITERING MUNITION MARKET, BY RANGE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 55
NORTH AMERICA: LOITERING MUNITION MARKET, BY RANGE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 56
NORTH AMERICA: LOITERING MUNITION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 57
NORTH AMERICA: LOITERING MUNITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 58
US: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 59
US: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 60
US: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 61
US: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 62
CANADA: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 63
CANADA: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 64
CANADA: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 65
CANADA: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 66
EUROPE: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 67
EUROPE: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 68
EUROPE: LOITERING MUNITION MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 69
EUROPE: LOITERING MUNITION MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 70
EUROPE: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 71
EUROPE: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 72
EUROPE: LOITERING MUNITION MARKET, BY RANGE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 73
EUROPE: LOITERING MUNITION MARKET, BY RANGE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 74
EUROPE: LOITERING MUNITION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 75
EUROPE: LOITERING MUNITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 76
UK: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 77
UK: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 78
UK: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 79
UK: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 80
GERMANY: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 81
GERMANY: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 82
GERMANY: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 83
GERMANY: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 84
FRANCE: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 85
FRANCE: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 86
FRANCE: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 87
FRANCE: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 88
ITALY: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 89
ITALY: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 90
ITALY: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 91
ITALY: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 92
REST OF EUROPE: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 93
REST OF EUROPE: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 94
REST OF EUROPE: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 95
REST OF EUROPE: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 96
ASIA PACIFIC: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 97
ASIA PACIFIC: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 98
ASIA PACIFIC: LOITERING MUNITION MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 99
ASIA PACIFIC: LOITERING MUNITION MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 100
ASIA PACIFIC: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 101
ASIA PACIFIC: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 102
ASIA PACIFIC: LOITERING MUNITION MARKET, BY RANGE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 103
ASIA PACIFIC: LOITERING MUNITION MARKET, BY RANGE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 104
ASIA PACIFIC: LOITERING MUNITION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 105
ASIA PACIFIC: LOITERING MUNITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 106
INDIA: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 107
INDIA: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 108
INDIA: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 109
INDIA: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 110
JAPAN: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 111
JAPAN: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 112
JAPAN: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 113
JAPAN: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 114
AUSTRALIA: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 115
AUSTRALIA: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 116
AUSTRALIA: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 117
AUSTRALIA: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 118
REST OF ASIA PACIFIC: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 119
REST OF ASIA PACIFIC: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 120
REST OF ASIA PACIFIC: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 121
REST OF ASIA PACIFIC: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 122
MIDDLE EAST: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 123
MIDDLE EAST: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 124
MIDDLE EAST: LOITERING MUNITION MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 125
MIDDLE EAST: LOITERING MUNITION MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 126
MIDDLE EAST: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 127
MIDDLE EAST: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 128
MIDDLE EAST: LOITERING MUNITION MARKET, BY RANGE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 129
MIDDLE EAST: LOITERING MUNITION MARKET, BY RANGE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 130
MIDDLE EAST: LOITERING MUNITION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 131
MIDDLE EAST: LOITERING MUNITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 132
SAUDI ARABIA: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 133
SAUDI ARABIA: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 134
SAUDI ARABIA: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 135
SAUDI ARABIA: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 136
UAE: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 137
UAE: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 138
UAE: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 139
UAE: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 140
ISRAEL: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 141
ISRAEL: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 142
ISRAEL: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 143
ISRAEL: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 144
TURKEY: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 145
TURKEY: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 146
TURKEY: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 147
TURKEY: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 148
REST OF THE WORLD: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 149
REST OF THE WORLD: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 150
REST OF THE WORLD: LOITERING MUNITION MARKET, BY END USER, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 151
REST OF THE WORLD: LOITERING MUNITION MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 152
REST OF THE WORLD: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 153
REST OF THE WORLD: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 154
REST OF THE WORLD: LOITERING MUNITION MARKET, BY RANGE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 155
REST OF THE WORLD: LOITERING MUNITION MARKET, BY RANGE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 156
REST OF THE WORLD: LOITERING MUNITION MARKET, BY COUNTRY, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 157
REST OF THE WORLD: LOITERING MUNITION MARKET, BY COUNTRY, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 158
BRAZIL: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 159
BRAZIL: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 160
BRAZIL: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 161
BRAZIL: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 162
MEXICO: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 163
MEXICO: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 164
MEXICO: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 165
MEXICO: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 166
SOUTH AFRICA: LOITERING MUNITION MARKET, BY TYPE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 167
SOUTH AFRICA: LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 168
SOUTH AFRICA: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2020–2023 (USD MILLION)
 
 
 
 
TABLE 169
SOUTH AFRICA: LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
TABLE 170
KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
 
 
 
 
TABLE 171
LOITERING MUNITION MARKET: DEGREE OF COMPETITION
 
 
 
 
TABLE 172
END USER FOOTPRINT
 
 
 
 
TABLE 173
TYPE FOOTPRINT
 
 
 
 
TABLE 174
REGION FOOTPRINT
 
 
 
 
TABLE 175
LIST OF START-UPS/SMES
 
 
 
 
TABLE 176
COMPETITIVE BENCHMARKING OF START-UPS/SMES
 
 
 
 
TABLE 177
LOITERING MUNITION MARKET: DEALS, 2020–2024
 
 
 
 
TABLE 178
LOITERING MUNITION MARKET: OTHERS, 2020–2024
 
 
 
 
TABLE 179
AEROVIRONMENT, INC.: COMPANY OVERVIEW
 
 
 
 
TABLE 180
AEROVIRONMENT, INC.: PRODUCTS OFFERED
 
 
 
 
TABLE 181
AEROVIRONMENT, INC.: OTHERS
 
 
 
 
TABLE 182
ELBIT SYSTEMS LTD.: COMPANY OVERVIEW
 
 
 
 
TABLE 183
ELBIT SYSTEMS LTD.: PRODUCTS OFFERED
 
 
 
 
TABLE 184
ELBIT SYSTEMS LTD.: OTHERS
 
 
 
 
TABLE 185
RHEINMETALL AG: COMPANY OVERVIEW
 
 
 
 
TABLE 186
RHEINMETALL AG: PRODUCTS OFFERED
 
 
 
 
TABLE 187
RHEINMETALL AG: OTHERS
 
 
 
 
TABLE 188
ISRAEL AEROSPACE INDUSTRIES: COMPANY OVERVIEW
 
 
 
 
TABLE 189
ISRAEL AEROSPACE INDUSTRIES: PRODUCTS OFFERED
 
 
 
 
TABLE 190
ISRAEL AEROSPACE INDUSTRIES: OTHERS
 
 
 
 
TABLE 191
UVISION: COMPANY OVERVIEW
 
 
 
 
TABLE 192
UVISION: PRODUCTS OFFERED
 
 
 
 
TABLE 193
UVISION: DEALS
 
 
 
 
TABLE 194
UVISION: OTHERS
 
 
 
 
TABLE 195
THALES: COMPANY OVERVIEW
 
 
 
 
TABLE 196
THALES: PRODUCTS OFFERED
 
 
 
 
TABLE 197
NORTHROP GRUMMAN: COMPANY OVERVIEW
 
 
 
 
TABLE 198
NORTHROP GRUMMAN: PRODUCTS OFFERED
 
 
 
 
TABLE 199
WB GROUP: COMPANY OVERVIEW
 
 
 
 
TABLE 200
WB GROUP: PRODUCTS OFFERED
 
 
 
 
TABLE 201
WB GROUP: OTHERS
 
 
 
 
TABLE 202
EDGE PJSC GROUP: COMPANY OVERVIEW
 
 
 
 
TABLE 203
EDGE PJSC GROUP: PRODUCTS OFFERED
 
 
 
 
TABLE 204
EDGE PJSC GROUP: OTHERS
 
 
 
 
TABLE 205
ANDURIL INDUSTRIES: COMPANY OVERVIEW
 
 
 
 
TABLE 206
ANDURIL INDUSTRIES: PRODUCTS OFFERED
 
 
 
 
TABLE 207
ANDURIL INDUSTRIES: OTHERS
 
 
 
 
TABLE 208
RTX: COMPANY OVERVIEW
 
 
 
 
TABLE 209
RTX: PRODUCTS OFFERED
 
 
 
 
TABLE 210
RTX: OTHERS
 
 
 
 
TABLE 211
AEVEX AEROSPACE: COMPANY OVERVIEW
 
 
 
 
TABLE 212
AEVEX AEROSPACE: PRODUCTS OFFERED
 
 
 
 
TABLE 213
STM SAVUNMA TEKNOLOJILERI MÜHENDISLIK VE TICARET A.S.: COMPANY OVERVIEW
 
 
 
 
TABLE 214
STM SAVUNMA TEKNOLOJILERI MÜHENDISLIK VE TICARET A.S.: PRODUCTS OFFERED
 
 
 
 
TABLE 215
STM SAVUNMA TEKNOLOJILERI MÜHENDISLIK VE TICARET A.S.: DEALS
 
 
 
 
TABLE 216
STM SAVUNMA TEKNOLOJILERI MÜHENDISLIK VE TICARET A.S.: OTHERS
 
 
 
 
TABLE 217
KNDS: COMPANY OVERVIEW
 
 
 
 
TABLE 218
KNDS: PRODUCTS OFFERED
 
 
 
 
TABLE 219
KNDS: OTHERS
 
 
 
 
TABLE 220
PARAMOUNT GROUP: COMPANY OVERVIEW
 
 
 
 
TABLE 221
PARAMOUNT GROUP: PRODUCTS OFFERED
 
 
 
 
TABLE 222
PARAMOUNT GROUP: DEALS
 
 
 
 
TABLE 223
MBDA: COMPANY OVERVIEW
 
 
 
 
TABLE 224
MBDA: PRODUCTS OFFERED
 
 
 
 
TABLE 225
MBDA: DEALS
 
 
 
 
TABLE 226
MBDA: OTHERS
 
 
 
 
TABLE 227
TELEDYNE FLIR LLC: COMPANY OVERVIEW
 
 
 
 
TABLE 228
TELEDYNE FLIR LLC: PRODUCTS OFFERED
 
 
 
 
TABLE 229
TELEDYNE FLIR LLC: OTHERS
 
 
 
 
TABLE 230
SOLAR GROUP: COMPANY OVERVIEW
 
 
 
 
TABLE 231
SOLAR GROUP: PRODUCTS OFFERED
 
 
 
 
TABLE 232
SOLAR GROUP: OTHERS
 
 
 
 
TABLE 233
ARQUIMEA: COMPANY OVERVIEW
 
 
 
 
TABLE 234
ROKETSAN: COMPANY OVERVIEW
 
 
 
 
TABLE 235
TATA ADVANCED SYSTEMS LIMITED: COMPANY OVERVIEW
 
 
 
 
TABLE 236
SPEAR: COMPANY OVERVIEW
 
 
 
 
TABLE 237
TRANSVARO ELEKTRON ALETLERI: COMPANY OVERVIEW
 
 
 
 
TABLE 238
BAYKAR TECHNOLOGIES: COMPANY OVERVIEW
 
 
 
 
TABLE 239
OVERWATCH GROUP: COMPANY OVERVIEW
 
 
 
 
TABLE 240
KADET DEFENCE SYSTEMS: COMPANY OVERVIEW
 
 
 
 
TABLE 241
DEFENDTEX: COMPANY OVERVIEW
 
 
 
 
TABLE 242
JOHNNETTE TECHNOLOGIES: COMPANY OVERVIEW
 
 
 
 
LIST OF FIGURES
 
 
 
 
 
FIGURE 1
LOITERING MUNITION MARKET SEGMENTATION
 
 
 
 
FIGURE 2
RESEARCH DESIGN MODEL
 
 
 
 
FIGURE 3
RESEARCH DESIGN
 
 
 
 
FIGURE 4
BOTTOM-UP APPROACH
 
 
 
 
FIGURE 5
TOP-DOWN APPROACH
 
 
 
 
FIGURE 6
DATA TRIANGULATION
 
 
 
 
FIGURE 7
EXPENDABLE TO BE LEADING SEGMENT BY TYPE DURING FORECAST PERIOD
 
 
 
 
FIGURE 8
ARMY TO BE LEADING SEGMENT BY END USER DURING FORECAST PERIOD
 
 
 
 
FIGURE 9
CANISTER LAUNCHED TO BE LEADING SEGMENT BY LAUNCH MODE DURING FORECAST PERIOD
 
 
 
 
FIGURE 10
SHORT RANGE TO BE LEADING SEGMENT BY RANGE DURING FORECAST PERIOD
 
 
 
 
FIGURE 11
NORTH AMERICA TO BE LEADING MARKET FOR LOITERING MUNITIONS DURING FORECAST PERIOD
 
 
 
 
FIGURE 12
INCREASED USE OF LOITERING MUNITIONS FOR TARGET EXECUTION TO DRIVE MARKET
 
 
 
 
FIGURE 13
EXPENDABLE SEGMENT TO BE LARGER THAN RECOVERABLE SEGMENT DURING FORECAST PERIOD
 
 
 
 
FIGURE 14
ARMY TO SECURE LEADING POSITION DURING FORECAST PERIOD
 
 
 
 
FIGURE 15
CANISTER LAUNCHED TO SURPASS OTHER SEGMENTS DURING FORECAST PERIOD
 
 
 
 
FIGURE 16
SHORT RANGE SEGMENT TO BE DOMINANT DURING FORECAST PERIOD
 
 
 
 
FIGURE 17
LOITERING MUNITION MARKET DYNAMICS
 
 
 
 
FIGURE 18
YEARLY LOITERING MUNITION EXPENDITURE
 
 
 
 
FIGURE 19
ECOSYSTEM ANALYSIS
 
 
 
 
FIGURE 20
TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
 
 
 
 
FIGURE 21
VALUE CHAIN ANALYSIS
 
 
 
 
FIGURE 22
INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY END USER
 
 
 
 
FIGURE 23
KEY BUYING CRITERIA, BY END USER
 
 
 
 
FIGURE 24
IMPORT DATA FOR HS CODE 930690, BY COUNTRY, 2019–2023 (USD THOUSAND)
 
 
 
 
FIGURE 25
EXPORT DATA FOR HS CODE 930690, BY COUNTRY, 2019–2023 (USD THOUSAND)
 
 
 
 
FIGURE 26
INVESTMENT AND FUNDING SCENARIO, 2019−2024
 
 
 
 
FIGURE 27
SUPPLY CHAIN ANALYSIS
 
 
 
 
FIGURE 28
TECHNOLOGY ROADMAP OF LOITERING MUNITION MARKET
 
 
 
 
FIGURE 29
EMERGING TRENDS IN LOITERING MUNITION MARKET
 
 
 
 
FIGURE 30
PATENTS ANALYSIS
 
 
 
 
FIGURE 31
LOITERING MUNITION MARKET, BY TYPE, 2024–2029 (USD MILLION)
 
 
 
 
FIGURE 32
LOITERING MUNITION MARKET, BY END USER, 2024–2029 (USD MILLION)
 
 
 
 
FIGURE 33
LOITERING MUNITION MARKET, BY LAUNCH MODE, 2024–2029 (USD MILLION)
 
 
 
 
FIGURE 34
LOITERING MUNITION MARKET, BY RANGE, 2024–2029 (USD MILLION)
 
 
 
 
FIGURE 35
LOITERING MUNITION MARKET, BY REGION, 2024–2029
 
 
 
 
FIGURE 36
NORTH AMERICA: LOITERING MUNITION MARKET SNAPSHOT
 
 
 
 
FIGURE 37
EUROPE: LOITERING MUNITION MARKET SNAPSHOT
 
 
 
 
FIGURE 38
ASIA PACIFIC: LOITERING MUNITION MARKET SNAPSHOT
 
 
 
 
FIGURE 39
MIDDLE EAST: LOITERING MUNITION MARKET SNAPSHOT
 
 
 
 
FIGURE 40
REST OF THE WORLD: LOITERING MUNITION MARKET SNAPSHOT
 
 
 
 
FIGURE 41
REVENUE ANALYSIS OF TOP FIVE PLAYERS, 2020–2023
 
 
 
 
FIGURE 42
MARKET SHARE ANALYSIS OF KEY PLAYERS, 2023
 
 
 
 
FIGURE 43
COMPANY EVALUATION MATRIX (KEY PLAYERS), 2023
 
 
 
 
FIGURE 44
COMPANY FOOTPRINT
 
 
 
 
FIGURE 45
COMPANY EVALUATION MATRIX: START-UPS/SMES, 2023
 
 
 
 
FIGURE 46
COMPANY VALUATION OF PROMINENT MARKET PLAYERS
 
 
 
 
FIGURE 47
FINANCIAL METRICS OF PROMINENT MARKET PLAYERS
 
 
 
 
FIGURE 48
BRAND/PRODUCT COMPARISON
 
 
 
 
FIGURE 49
AEROVIRONMENT, INC.: COMPANY SNAPSHOT
 
 
 
 
FIGURE 50
ELBIT SYSTEMS LTD.: COMPANY SNAPSHOT
 
 
 
 
FIGURE 51
RHEINMETALL AG: COMPANY SNAPSHOT
 
 
 
 
FIGURE 52
ISRAEL AEROSPACE INDUSTRIES: COMPANY SNAPSHOT
 
 
 
 
FIGURE 53
THALES: COMPANY SNAPSHOT
 
 
 
 
FIGURE 54
NORTHROP GRUMMAN: COMPANY SNAPSHOT
 
 
 
 
FIGURE 55
SOLAR GROUP: COMPANY SNAPSHOT
 
 
 
 

Methodology

This research study involved the extensive use of secondary sources, directories, and databases, such as D&B Hoovers, Bloomberg Businessweek, and Factiva, to identify and collect information relevant to the Loitering Munition market. Primary sources included industry experts from the core and related industries, as well as preferred suppliers, manufacturers, solution providers, technology developers, alliances, and organizations related to all the segments of this industry’s value chain. All primary sources were interviewed to obtain and verify critical qualitative and quantitative information and assess prospects for market growth during the forecast period.

Secondary Research

The ranking analysis of companies in the loitering munition market was determined using secondary data from paid and unpaid sources and by analyzing major companies’ product portfolios and service offerings. These companies were rated based on the performance and quality of their products. These data points were further validated by primary sources.

Secondary sources referred for this research study on the loitering munition market included financial statements of companies offering loitering munition, along with various trade, business, and professional associations, among others. The secondary data was collected and analyzed to arrive at the overall size of the loitering munition market, which was validated by primary respondents.

In addition, the secondary research was used to obtain key information about the industry’s value chain and supply chain to identify key players operating in the market, market classifications and segmentation according to offerings of major players; and industry trends related to type, end user, launch mode, range and regions as well as key developments in the market.

Primary Research

Extensive primary research was conducted after obtaining information about the current scenario of the loitering munition market through secondary research. Several primary interviews were conducted with market experts from both the demand and supply sides across five regions: North America, Europe, Asia Pacific, Latin America, and Africa. This primary data was collected through questionnaires, emails, and telephonic interviews.

These interviews were conducted to gather insights such as market statistics, data on revenue collected from the products and services, market breakdowns, market size estimations, market size forecasting, and data triangulation. It also helped analyze the type, end user, launch mode, and range segments of the market for five key regions.

Loitering Munition Market Size, and Share

Note: C-level Executives include the CEO, COO, and CTO, among others.

Others include Sales Managers, Marketing Managers, and Product Managers. The tiers of the companies have been defined based on their total revenue as of 2022. Tier 1 = > USD 1 billion, Tier 2 = USD 100 million to USD 1 billion, and Tier 3 = < USD 100 million

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the size of the Loitering Munition market. The research methodology used to estimate the market size includes the following details:

  • Key players were identified through secondary research, and their market ranking was determined through primary and secondary research. This included a study of annual and financial reports of the top market players and extensive interviews of leaders, including CEOs, directors, and marketing executives.
  • All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All possible parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated, enhanced with detailed inputs, analyzed by MarketsandMarkets, and presented in this report.

Loitering Munition Market : Top-Down and Bottom-Up Approach

Loitering Munition Market Top Down and Bottom Up Approach

Data Triangulation

After arriving at the overall size of the loitering munition market from the market size estimation process explained above, the total market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics for various market segments and subsegments, data triangulation and market breakdown procedures explained below were implemented, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides. Along with this, the market size was validated using both top-down and bottom-up approaches.

Market Definition

Loitering Munition Market refers to advanced aerial weapons, also known as suicide drones, kamikaze drones, or exploding drones. The purpose of these munitions is intended for precise and responsive engagement. Munitions, built with warheads, can spend a long time in a target area until they identify an enemy presence, and then directly impacting it. The loitering munition market encompasses a variety of application, end user, launch mode and range tailored for specific operational needs. Range includes short-range, medium- range, long- range, which can determine mission requirements. Type as recoverable and expendable for mission flexibility. The market is segmented by end user, including army, navy, and air force, and by launching mode, such as air-launched, vertical take-off, catapult, canister and hand-launched mechanisms.

Kamikaze drones, also referred to as suicide drones or loitering munitions, are designed to circle over a chosen area until a target is identified, after which they dive into it carrying an explosive payload. Unlike conventional missiles, they can linger in the air, providing surveillance and target information before being directed to strike. In some cases, operators can call off an attack and redirect the drone if circumstances change. These systems have become an important part of warfare today, with countries such as Russia, Ukraine, India, and Pakistan actively using or developing models like the Shahed-136, the Switchblade 300 and 600, and homegrown Indian variants.

Key Stakeholders

Various stakeholders of the market are listed below:

  • Loitering Munition System Component Suppliers
  • Loitering Munition System Manufacturers
  • Loitering Munition System Pilot Training Institutes
  • Technology Support Providers for Loitering Munition Systems
  • Loitering Munition Software/Hardware/Service and Solution Providers
  • Government and Defense Regulatory Bodies
  • Loitering Munition System Consultants
  • Defense Forces (Army, Navy, Airforce)
  • Research and Development Institutions, Testing and Certification Agencies
  • Integrated Defense Systems Providers for Loitering Munition Systems

Report Objectives

  • To define, describe, segment, and forecast the size of the Loitering munition market based on type, launch mode, end-user, range, and region
  • To forecast the size of market segments based on five regions: North America, Europe, Asia Pacific, Middle East, and Rest of the World, along with key countries in each region
  • To identify and analyze key drivers, restraints, opportunities, and challenges influencing the growth of the market
  • To identify industry trends, market trends, and technology trends prevailing in the market
  • To analyze micromarkets1 with respect to individual technological trends, prospects, and their contribution to the overall market
  • To strategically profile key market players and comprehensively analyze their market ranking and core competencies2
  • To provide a detailed competitive landscape of the market and analyze competitive growth strategies, such as product developments, contracts, partnerships, MOU’s, agreements, and collaborations adopted by key players in the market
  • To identify the detailed financial position, key products, unique selling points, and key developments of leading companies in the market

1 Micromarkets are referred to as the segments and subsegments of the Loitering munition market included in the report.

2 Core competencies of companies were captured in terms of their key developments and key strategies adopted to sustain their positions in the market.

Available Customizations

Along with the market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:

Product Analysis

  • Product matrix, which gives a detailed comparison of the product portfolio of each company.

Regional Analysis

  • Further breakdown of the market segments at the country level

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)

 

Key Questions Addressed by the Report

What are your views on the growth prospect of the market?
Response: The loitering munition market is poised for significant growth due to increasing global defense budgets, rising demand for precision-strike capabilities, and advancements in autonomous and AI-driven technologies. With modern warfare evolving towards cost-effective, flexible, and accurate systems, loitering munitions are expected to play a central role, particularly in addressing asymmetric threats and enhancing military operational effectiveness.
What are the disruptive trends for the loitering munition market?
Response: Key disruptive trends include the integration of artificial intelligence (AI) for autonomous decision-making, advancements in sensor technology for enhanced targeting accuracy, and the development of swarm technology for coordinated attacks. Additionally, miniaturization of loitering munitions and improvements in energy efficiency are enabling wider adoption, while growing geopolitical tensions are accelerating demand for these systems.
Which are the key players in the loitering munition market?
Response: Key players in the loitering munition market include AeroVironment Inc. (US), Thales (France), Elbit Systems LTD (Israel), Rheinmetall AG (Germany), Israel Aerospace Industries (Israel), Uvision (US), WB Group (Poland), AEVEX Aerospace (US), STM Savunma Teknolojileri Mühendislik ve Ticaret A.S. (Turkey), Nexter Group KNDS (Netherlands), Paramount Group (South Africa), EDGE PJSC Group (UAE), MBDA (France), Teledyne FLIR Defense (US), RTX (US), Solar Group (India), Northrop Grumman (US), and Anduril Industries (US).
Which type of new technologies will significantly lead in the coming years in loitering munition?
Response: The leading technologies include advanced AI and machine learning for improved autonomy and real-time decision-making, enhanced electro-optical and infrared sensors for superior situational awareness, and swarm technology for coordinated attacks. Additionally, advancements in miniaturization, energy-efficient propulsion systems, and network-centric warfare capabilities will drive future innovations in the loitering munition market.
Which regions are leading in the adoption of loitering munitions?
Response: North America, Europe, and Asia-Pacific are leading regions for loitering munition adoption. North America leads in technological advancements, while Europe focuses on defense collaborations. Asia-Pacific shows significant growth due to increased defense budgets and regional tensions.

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