Loitering Munition Market by Type (Recoverable and Expandable), End-user (Army, Navy, Airforce), Launching Mode (Air Launched, Vertical Take-Off, Catapult, Canister, Hand), Range and Region - Global Forecast to 2029
The Loitering munition market is valued at USD 529.9 million in 2024 and is projected to reach USD 815.3 million by 2029, at a CAGR of 9.0% from 2024 to 2029. The increasing demand for precision strike capabilities within modern military operations remains a major driver of the market for loitering munitions. As conflict matures, armed forces tend to favor systems that allow the efficient engagement of fleeting targets, with minimal collateral damage, during modern military operations. In a loitering munition, operators can remain hovering over a battlefield to acquire real-time intelligence before targeting at the opportune time. This ability is particularly crucial in asymmetric war scenarios where the traditional ways of fighting are more dangerous. The focus on increasing operational efficiency and effectiveness has contributed to a rise in interest and investment in loitering munitions in many defense sectors, especially in special operations forces.
The other important push factor in this market is the rapid technological developments enhancing the ability of lasing munitions. Improved artificial intelligence, sensor technologies, and autonomous flight capabilities have dramatically enhanced the accuracy and reliability of these weapons. They have made these even more appealing for military forces all around the world. Indeed, the integration of these advanced technologies can make better target identification and engagement possible with decreased risks to personnel as well as higher mission success rates. Growing tensions among the world's nations as well as rising defense budgets across the globe are encouraging nations to improve their military arms, and this is positively influencing the demand for state-of-the-art loitering munition systems which can help in gaining an upper hand in modern war situations.
“Based on type, the Expendable segment is projected to register the highest during the forecast period 2024-2029.”
The expendable segment by type of the loitering munition market is developing quickly, mainly due to the cost-effectiveness and operational advantages in modern warfare. Expendable loitering munitions are basically 'fire-and-forget' systems that have the capability to be used for once, making them suitable for a precision strike on high-value targets with minimal collateral damage. Light weight and deployable with quick response systems, it helps military forces to operate dynamically in different battlefield situations. The trends of asymmetric warfare, operations against an insurgency, and border protection have further intensified the utilization of expendable loitering munitions. Advanced technology, like improvements in sensor integration, AI and autonomous targetting, improve their precision and reliability making them the essential tool of modern warfare. Cost effectiveness in comparison to reusable systems also enables defense forces to buy and deploy them in huge numbers without causing a serious strain on their budget.
“Based on Launch mode, Canister launched segment is to lead the market during the forecast period 2024-2029.”
The canister segment within the loitering munition market is growing at a highly increasing rate due to flexibility in ease of deployment and adoption into a wide variety of combat situations. Compact portable canister-launched loitering munitions provide speedy response capabilities with precision strikes, and all of these can be released from ground vehicles, ships, aircraft, or even fixed platforms. The designs of these systems consist of safe storage, easy transportability, and quick launching capabilities that are of significance in the fast pace of today's efficiency-oriented battle environment.
Modern canister-launched systems are nowadays equipped with automation features, advanced target acquisition, and seamless interfacing with military platforms as a whole. Further, these systems are increasingly used to support swarm operations and network-centric warfare, which enables the launch of multiple munitions in a simultaneous manner to provide coordinated, high-impact strikes. As the defense forces look for agile, scalable, and effective solutions, canister-launched loitering munitions are emerging as the favorite choice, which will ensure that this segment keeps growing.
“The North America market is projected to contribute most significant share from 2024 to 2029 in the Loitering munition market.”
North America is emerging to be the growth driver of the loitering munitions market. The growth will drive through increases in defense spending, advances in technology, and a heavy emphasis on updating military capabilities. The US has been at the forefront, where it has aggressively invested in next-generation precision strike systems that would enhance operations and provide a strategic edge. There is a rising trend in the reliance of US military on high tech and cost-effective solutions, particularly on those like loitering munitions, as has been portrayed in a range of high-value contracts- for example, the AeroVironment's Switchblade systems, an important constituent part of its rising combat strategies.
It would depend solely on its robust defense setup consisting of its established players, Northrop Grumman, Raytheon Technologies, and AeroVironment. These players were investing in research and developments through efforts so that the next generation would be loitering with artificial intelligence, sensors at advanced levels, and through autonomous capabilities. Innovation¬-driven, such strategy would make North American forces come prepared to face challenges including asymmetric warfare and counterinsurgencies with speed and accuracy. The defense priorities are shifting to flexible, high-response systems that adapt as battlefield situations change. These munitions also provide some support for emerging warfare tactics such as swarm technology and network-centric operations.
The break-up of the profile of primary participants in the Loitering munition market:
Research Coverage:
This market study covers the loitering munition market across various segments and subsegments. It aims to estimate this market's size and growth potential across different parts based on type (recoverable, expendable), End user( Army, Navy , Airforce), Launch mode (Air Launched Effect, Vertical Take-Off, Catapult Launcher, Canister Launcher , Hand Launched), Range (Short-range (<25 Km), Medium- Range (25-100 Km)Long- Range (>100 Km)). and Region (North America, Europe, Asia Pacific, Middle East, Rest of the World).
This study also includes an in-depth competitive analysis of the key players in the market, their company profiles, key observations related to their product and business offerings, recent developments, and key market strategies they adopted.
Reasons to buy this report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall loitering munition market. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market Drivers (Technological Advancements as a Driver for Loitering Munitions, Defense Modernization Initiatives, Cost-Effectiveness and Versatility, Increasing Demand for Precision Strike Capabilities, Growth and Market Dynamics of Loitering Munitions in the UAV Sector), Restraints (High upfront costs of loitering munition systems, Operational Limitations, Regulatory Challenges) , Opportunities (Revolutionizing Border Security and Counter-Insurgency Operations, Countermeasures and Defensive Systems, Enhancing Naval Warfare and Maritime Surveillance) , and Challenges(Technical Limitations and Reliability Concerns, Potential threats to safety and violation of privacy, Countermeasures and Evolving Threats).
The report provides insights on the following pointers:
The other important push factor in this market is the rapid technological developments enhancing the ability of lasing munitions. Improved artificial intelligence, sensor technologies, and autonomous flight capabilities have dramatically enhanced the accuracy and reliability of these weapons. They have made these even more appealing for military forces all around the world. Indeed, the integration of these advanced technologies can make better target identification and engagement possible with decreased risks to personnel as well as higher mission success rates. Growing tensions among the world's nations as well as rising defense budgets across the globe are encouraging nations to improve their military arms, and this is positively influencing the demand for state-of-the-art loitering munition systems which can help in gaining an upper hand in modern war situations.
“Based on type, the Expendable segment is projected to register the highest during the forecast period 2024-2029.”
The expendable segment by type of the loitering munition market is developing quickly, mainly due to the cost-effectiveness and operational advantages in modern warfare. Expendable loitering munitions are basically 'fire-and-forget' systems that have the capability to be used for once, making them suitable for a precision strike on high-value targets with minimal collateral damage. Light weight and deployable with quick response systems, it helps military forces to operate dynamically in different battlefield situations. The trends of asymmetric warfare, operations against an insurgency, and border protection have further intensified the utilization of expendable loitering munitions. Advanced technology, like improvements in sensor integration, AI and autonomous targetting, improve their precision and reliability making them the essential tool of modern warfare. Cost effectiveness in comparison to reusable systems also enables defense forces to buy and deploy them in huge numbers without causing a serious strain on their budget.
“Based on Launch mode, Canister launched segment is to lead the market during the forecast period 2024-2029.”
The canister segment within the loitering munition market is growing at a highly increasing rate due to flexibility in ease of deployment and adoption into a wide variety of combat situations. Compact portable canister-launched loitering munitions provide speedy response capabilities with precision strikes, and all of these can be released from ground vehicles, ships, aircraft, or even fixed platforms. The designs of these systems consist of safe storage, easy transportability, and quick launching capabilities that are of significance in the fast pace of today's efficiency-oriented battle environment.
Modern canister-launched systems are nowadays equipped with automation features, advanced target acquisition, and seamless interfacing with military platforms as a whole. Further, these systems are increasingly used to support swarm operations and network-centric warfare, which enables the launch of multiple munitions in a simultaneous manner to provide coordinated, high-impact strikes. As the defense forces look for agile, scalable, and effective solutions, canister-launched loitering munitions are emerging as the favorite choice, which will ensure that this segment keeps growing.
“The North America market is projected to contribute most significant share from 2024 to 2029 in the Loitering munition market.”
North America is emerging to be the growth driver of the loitering munitions market. The growth will drive through increases in defense spending, advances in technology, and a heavy emphasis on updating military capabilities. The US has been at the forefront, where it has aggressively invested in next-generation precision strike systems that would enhance operations and provide a strategic edge. There is a rising trend in the reliance of US military on high tech and cost-effective solutions, particularly on those like loitering munitions, as has been portrayed in a range of high-value contracts- for example, the AeroVironment's Switchblade systems, an important constituent part of its rising combat strategies.
It would depend solely on its robust defense setup consisting of its established players, Northrop Grumman, Raytheon Technologies, and AeroVironment. These players were investing in research and developments through efforts so that the next generation would be loitering with artificial intelligence, sensors at advanced levels, and through autonomous capabilities. Innovation¬-driven, such strategy would make North American forces come prepared to face challenges including asymmetric warfare and counterinsurgencies with speed and accuracy. The defense priorities are shifting to flexible, high-response systems that adapt as battlefield situations change. These munitions also provide some support for emerging warfare tactics such as swarm technology and network-centric operations.
The break-up of the profile of primary participants in the Loitering munition market:
- By Company Type: Tier 1 – 49%, Tier 2 – 37%, and Tier 3 – 14%
- By Designation: C Level – 55%, Director Level – 27%, and Others – 18%
- By Region: North America – 32%, Europe – 32%, Asia Pacific – 16%, Latin America – 10%, ROW– 10%
Research Coverage:
This market study covers the loitering munition market across various segments and subsegments. It aims to estimate this market's size and growth potential across different parts based on type (recoverable, expendable), End user( Army, Navy , Airforce), Launch mode (Air Launched Effect, Vertical Take-Off, Catapult Launcher, Canister Launcher , Hand Launched), Range (Short-range (<25 Km), Medium- Range (25-100 Km)Long- Range (>100 Km)). and Region (North America, Europe, Asia Pacific, Middle East, Rest of the World).
This study also includes an in-depth competitive analysis of the key players in the market, their company profiles, key observations related to their product and business offerings, recent developments, and key market strategies they adopted.
Reasons to buy this report:
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the overall loitering munition market. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market Drivers (Technological Advancements as a Driver for Loitering Munitions, Defense Modernization Initiatives, Cost-Effectiveness and Versatility, Increasing Demand for Precision Strike Capabilities, Growth and Market Dynamics of Loitering Munitions in the UAV Sector), Restraints (High upfront costs of loitering munition systems, Operational Limitations, Regulatory Challenges) , Opportunities (Revolutionizing Border Security and Counter-Insurgency Operations, Countermeasures and Defensive Systems, Enhancing Naval Warfare and Maritime Surveillance) , and Challenges(Technical Limitations and Reliability Concerns, Potential threats to safety and violation of privacy, Countermeasures and Evolving Threats).
The report provides insights on the following pointers:
- Driver: Rising demand for unmanned warhead drone to drive the market.
- Market Penetration: Comprehensive information on loitering munition offered by the top players in the market
- Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the loitering munition market
- Market Development: Comprehensive information about lucrative markets – the report analyses the loitering munition market across varied regions
- Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the loitering munition market
- Competitive Assessment: In-depth assessment of market shares, growth strategies, products, and manufacturing capabilities of leading players in the loitering munition market
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED AND REGIONAL SCOPE
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primary interviews
2.1.2.3 Insights from industry experts
2.2 FACTOR ANALYSIS
2.2.1 INTRODUCTION
2.2.2 DEMAND-SIDE INDICATORS
2.2.3 SUPPLY-SIDE INDICATORS
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Market size estimation methodology
2.3.1.2 Regional split of loitering munition market
2.3.2 TOP-DOWN APPROACH
2.4 DATA TRIANGULATION
2.5 RESEARCH LIMITATIONS
2.6 RESEARCH ASSUMPTIONS
2.7 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN LOITERING MUNITION MARKET
4.2 LOITERING MUNITION MARKET, BY TYPE
4.3 LOITERING MUNITION MARKET, BY END USER
4.4 LOITERING MUNITION MARKET, BY LAUNCH MODE
4.5 LOITERING MUNITION MARKET, BY RANGE
5 MARKET OVERVIEW
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
5.4 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.5 VALUE CHAIN ANALYSIS
5.6 OPERATIONAL DATA
5.7 MACROECONOMIC OUTLOOK
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
5.13 PRODUCT COMPARISON
5.13.1 PRODUCT COMPARISON, BY TYPE
5.13.2 PRODUCT COMPARISON, BY SIMILAR WEAPON
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
6 INDUSTRY TRENDS
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
6.5 TECHNOLOGY ROADMAP
6.6 PATENT ANALYSIS
7 LOITERING MUNITION MARKET, BY TYPE
7.1 INTRODUCTION
7.2 RECOVERABLE
7.2.1 NEED FOR MORE VERSATILE AND COST-EFFECTIVE COMBAT SOLUTIONS TO DRIVE MARKET
7.3 EXPENDABLE
7.3.1 STRATEGIC ADVANTAGES IN MODERN WARFARE TO DRIVE MARKET
8 LOITERING MUNITION MARKET, BY END USER
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 FOCUS ON ENHANCING OPERATIONAL CAPABILITIES TO DRIVE MARKET
8.4 NAVY
8.4.1 RISE OF ASYMMETRIC THREATS TO DRIVE MARKET
8.5 AIR FORCE
8.5.1 SURGE IN DEFENSE BUDGETS AND MODERNIZATION EFFORTS TO DRIVE MARKET
9 LOITERING MUNITION MARKET, BY LAUNCH MODE
9.1 INTRODUCTION
9.2 AIR LAUNCHED EFFECT
9.2.1 NEED FOR RAPID RESPONSE TIMES IN MILITARY OPERATIONS TO DRIVE MARKET
9.3 VERTICAL TAKE-OFF
9.3.1 MODERNIZATION OF MILITARY ARSENALS AMID EVOLVING THREATS TO DRIVE MARKET
9.4 CANISTER LAUNCHED
9.4.1 HIGH DEMAND FOR VERSATILE DEPLOYMENT METHODS FROM MILITARY FORCES TO DRIVE MARKET
9.5 CATAPULT LAUNCHED
9.5.1 SHIFT TOWARD INTEGRATED COMBAT SOLUTIONS TO DRIVE MARKET
9.6 HAND LAUNCHED
9.6.1 EMPHASIS ON PRECISION STRIKES IN URBAN WARFARE TO DRIVE MARKET
10 LOITERING MUNITION MARKET, BY RANGE
10.1 INTRODUCTION
10.2 SHORT RANGE
10.2.1 TACTICAL ADVANTAGES IN CLOSE COMBAT SITUATIONS TO DRIVE MARKET
10.3 MEDIUM RANGE
10.3.1 NEED FOR ENHANCED OPERATIONAL AGILITY AND PRECISION STRIKES TO DRIVE MARKET
10.4 LONG RANGE
10.4.1 INCREASED PREFERENCE FOR DEEP-STRIKE CAPABILITIES AMONG MILITARY FORCES TO DRIVE MARKET
11 LOITERING MUNITION MARKET, BY REGION
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
11.5.2.1.1 Collaborations with global defense contractors to drive market
11.5.2.2 UAE
11.5.2.2.1 Focus on defense innovation to drive market
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
12.1 INTRODUCTION
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
12.3 REVENUE ANALYSIS, 2019–2023
12.4 MARKET SHARE ANALYSIS, 2023
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
12.8 BRAND/PRODUCT COMPARISON
12.9 COMPETITIVE SCENARIO
12.9.1 DEALS
12.9.2 OTHERS
13 COMPANY PROFILES
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
13.1.1.3.1 Others
13.1.1.4 MnM view
13.1.1.4.1 Right to win
13.1.1.4.2 Strategic choices
13.1.1.4.3 Weaknesses and competitive threats
13.1.2 ELBIT SYSTEMS LTD.
13.1.2.1 Business overview
13.1.2.2 Products offered
13.1.2.3 Recent developments
13.1.2.3.1 Others
13.1.2.4 MnM view
13.1.2.4.1 Right to win
13.1.2.4.2 Strategic choices
13.1.2.4.3 Weaknesses and competitive threats
13.1.3 RHEINMETALL AG
13.1.3.1 Business overview
13.1.3.2 Products offered
13.1.3.3 Recent developments
13.1.3.3.1 Others
13.1.3.4 MnM view
13.1.3.4.1 Right to win
13.1.3.4.2 Strategic choices
13.1.3.4.3 Weaknesses and competitive threats
13.1.4 ISRAEL AEROSPACE INDUSTRIES
13.1.4.1 Business overview
13.1.4.2 Products offered
13.1.4.3 Recent developments
13.1.4.3.1 Others
13.1.4.4 MnM view
13.1.4.4.1 Right to win
13.1.4.4.2 Strategic choices
13.1.4.4.3 Weaknesses and competitive threats
13.1.5 UVISION
13.1.5.1 Business overview
13.1.5.2 Products offered
13.1.5.3 Recent developments
13.1.5.3.1 Deals
13.1.5.3.2 Others
13.1.5.4 MnM view
13.1.5.4.1 Right to win
13.1.5.4.2 Strategic choices
13.1.5.4.3 Weaknesses and competitive threats
13.1.6 THALES
13.1.6.1 Business overview
13.1.6.2 Products offered
13.1.7 NORTHROP GRUMMAN
13.1.7.1 Business overview
13.1.7.2 Products offered
13.1.8 WB GROUP
13.1.8.1 Business overview
13.1.8.2 Products offered
13.1.8.3 Recent developments
13.1.8.3.1 Others
13.1.9 EDGE PJSC GROUP
13.1.9.1 Business overview
13.1.9.2 Products offered
13.1.9.3 Recent developments
13.1.9.3.1 Others
13.1.10 ANDURIL INDUSTRIES
13.1.10.1 Business overview
13.1.10.2 Products offered
13.1.10.3 Recent developments
13.1.10.3.1 Others
13.1.11 RTX
13.1.11.1 Business overview
13.1.11.2 Products offered
13.1.11.3 Recent developments
13.1.11.3.1 Others
13.1.12 AEVEX AEROSPACE
13.1.12.1 Business overview
13.1.12.2 Products offered
13.1.13 STM SAVUNMA TEKNOLOJILERI MЬHENDISLIK VE TICARET A.Є.
13.1.13.1 Business overview
13.1.13.2 Products offered
13.1.13.3 Recent developments
13.1.13.3.1 Deals
13.1.13.3.2 Others
13.1.14 KNDS
13.1.14.1 Business overview
13.1.14.2 Products offered
13.1.14.3 Recent developments
13.1.14.3.1 Others
13.1.15 PARAMOUNT GROUP
13.1.15.1 Business overview
13.1.15.2 Products offered
13.1.15.3 Recent developments
13.1.15.3.1 Deals
13.1.16 MBDA
13.1.16.1 Business overview
13.1.16.2 Products offered
13.1.16.3 Recent developments
13.1.16.3.1 Deals
13.1.16.3.2 Others
13.1.17 TELEDYNE FLIR LLC
13.1.17.1 Business overview
13.1.17.2 Products offered
13.1.17.3 Recent developments
13.1.17.3.1 Others
13.1.18 SOLAR GROUP
13.1.18.1 Business overview
13.1.18.2 Products offered
13.1.18.3 Recent developments
13.1.18.3.1 Others
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
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 CUSTOMIZATION OPTIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 MARKETS COVERED AND REGIONAL SCOPE
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 YEARS CONSIDERED
1.4 CURRENCY CONSIDERED
1.5 STAKEHOLDERS
2 RESEARCH METHODOLOGY
2.1 RESEARCH DATA
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Breakdown of primary interviews
2.1.2.3 Insights from industry experts
2.2 FACTOR ANALYSIS
2.2.1 INTRODUCTION
2.2.2 DEMAND-SIDE INDICATORS
2.2.3 SUPPLY-SIDE INDICATORS
2.3 MARKET SIZE ESTIMATION
2.3.1 BOTTOM-UP APPROACH
2.3.1.1 Market size estimation methodology
2.3.1.2 Regional split of loitering munition market
2.3.2 TOP-DOWN APPROACH
2.4 DATA TRIANGULATION
2.5 RESEARCH LIMITATIONS
2.6 RESEARCH ASSUMPTIONS
2.7 RISK ASSESSMENT
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN LOITERING MUNITION MARKET
4.2 LOITERING MUNITION MARKET, BY TYPE
4.3 LOITERING MUNITION MARKET, BY END USER
4.4 LOITERING MUNITION MARKET, BY LAUNCH MODE
4.5 LOITERING MUNITION MARKET, BY RANGE
5 MARKET OVERVIEW
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
5.4 TRENDS AND DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.5 VALUE CHAIN ANALYSIS
5.6 OPERATIONAL DATA
5.7 MACROECONOMIC OUTLOOK
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
5.13 PRODUCT COMPARISON
5.13.1 PRODUCT COMPARISON, BY TYPE
5.13.2 PRODUCT COMPARISON, BY SIMILAR WEAPON
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
6 INDUSTRY TRENDS
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
6.5 TECHNOLOGY ROADMAP
6.6 PATENT ANALYSIS
7 LOITERING MUNITION MARKET, BY TYPE
7.1 INTRODUCTION
7.2 RECOVERABLE
7.2.1 NEED FOR MORE VERSATILE AND COST-EFFECTIVE COMBAT SOLUTIONS TO DRIVE MARKET
7.3 EXPENDABLE
7.3.1 STRATEGIC ADVANTAGES IN MODERN WARFARE TO DRIVE MARKET
8 LOITERING MUNITION MARKET, BY END USER
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 FOCUS ON ENHANCING OPERATIONAL CAPABILITIES TO DRIVE MARKET
8.4 NAVY
8.4.1 RISE OF ASYMMETRIC THREATS TO DRIVE MARKET
8.5 AIR FORCE
8.5.1 SURGE IN DEFENSE BUDGETS AND MODERNIZATION EFFORTS TO DRIVE MARKET
9 LOITERING MUNITION MARKET, BY LAUNCH MODE
9.1 INTRODUCTION
9.2 AIR LAUNCHED EFFECT
9.2.1 NEED FOR RAPID RESPONSE TIMES IN MILITARY OPERATIONS TO DRIVE MARKET
9.3 VERTICAL TAKE-OFF
9.3.1 MODERNIZATION OF MILITARY ARSENALS AMID EVOLVING THREATS TO DRIVE MARKET
9.4 CANISTER LAUNCHED
9.4.1 HIGH DEMAND FOR VERSATILE DEPLOYMENT METHODS FROM MILITARY FORCES TO DRIVE MARKET
9.5 CATAPULT LAUNCHED
9.5.1 SHIFT TOWARD INTEGRATED COMBAT SOLUTIONS TO DRIVE MARKET
9.6 HAND LAUNCHED
9.6.1 EMPHASIS ON PRECISION STRIKES IN URBAN WARFARE TO DRIVE MARKET
10 LOITERING MUNITION MARKET, BY RANGE
10.1 INTRODUCTION
10.2 SHORT RANGE
10.2.1 TACTICAL ADVANTAGES IN CLOSE COMBAT SITUATIONS TO DRIVE MARKET
10.3 MEDIUM RANGE
10.3.1 NEED FOR ENHANCED OPERATIONAL AGILITY AND PRECISION STRIKES TO DRIVE MARKET
10.4 LONG RANGE
10.4.1 INCREASED PREFERENCE FOR DEEP-STRIKE CAPABILITIES AMONG MILITARY FORCES TO DRIVE MARKET
11 LOITERING MUNITION MARKET, BY REGION
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
11.5.2.1.1 Collaborations with global defense contractors to drive market
11.5.2.2 UAE
11.5.2.2.1 Focus on defense innovation to drive market
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
12.1 INTRODUCTION
12.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2020–2024
12.3 REVENUE ANALYSIS, 2019–2023
12.4 MARKET SHARE ANALYSIS, 2023
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
12.8 BRAND/PRODUCT COMPARISON
12.9 COMPETITIVE SCENARIO
12.9.1 DEALS
12.9.2 OTHERS
13 COMPANY PROFILES
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
13.1.1.3.1 Others
13.1.1.4 MnM view
13.1.1.4.1 Right to win
13.1.1.4.2 Strategic choices
13.1.1.4.3 Weaknesses and competitive threats
13.1.2 ELBIT SYSTEMS LTD.
13.1.2.1 Business overview
13.1.2.2 Products offered
13.1.2.3 Recent developments
13.1.2.3.1 Others
13.1.2.4 MnM view
13.1.2.4.1 Right to win
13.1.2.4.2 Strategic choices
13.1.2.4.3 Weaknesses and competitive threats
13.1.3 RHEINMETALL AG
13.1.3.1 Business overview
13.1.3.2 Products offered
13.1.3.3 Recent developments
13.1.3.3.1 Others
13.1.3.4 MnM view
13.1.3.4.1 Right to win
13.1.3.4.2 Strategic choices
13.1.3.4.3 Weaknesses and competitive threats
13.1.4 ISRAEL AEROSPACE INDUSTRIES
13.1.4.1 Business overview
13.1.4.2 Products offered
13.1.4.3 Recent developments
13.1.4.3.1 Others
13.1.4.4 MnM view
13.1.4.4.1 Right to win
13.1.4.4.2 Strategic choices
13.1.4.4.3 Weaknesses and competitive threats
13.1.5 UVISION
13.1.5.1 Business overview
13.1.5.2 Products offered
13.1.5.3 Recent developments
13.1.5.3.1 Deals
13.1.5.3.2 Others
13.1.5.4 MnM view
13.1.5.4.1 Right to win
13.1.5.4.2 Strategic choices
13.1.5.4.3 Weaknesses and competitive threats
13.1.6 THALES
13.1.6.1 Business overview
13.1.6.2 Products offered
13.1.7 NORTHROP GRUMMAN
13.1.7.1 Business overview
13.1.7.2 Products offered
13.1.8 WB GROUP
13.1.8.1 Business overview
13.1.8.2 Products offered
13.1.8.3 Recent developments
13.1.8.3.1 Others
13.1.9 EDGE PJSC GROUP
13.1.9.1 Business overview
13.1.9.2 Products offered
13.1.9.3 Recent developments
13.1.9.3.1 Others
13.1.10 ANDURIL INDUSTRIES
13.1.10.1 Business overview
13.1.10.2 Products offered
13.1.10.3 Recent developments
13.1.10.3.1 Others
13.1.11 RTX
13.1.11.1 Business overview
13.1.11.2 Products offered
13.1.11.3 Recent developments
13.1.11.3.1 Others
13.1.12 AEVEX AEROSPACE
13.1.12.1 Business overview
13.1.12.2 Products offered
13.1.13 STM SAVUNMA TEKNOLOJILERI MЬHENDISLIK VE TICARET A.Є.
13.1.13.1 Business overview
13.1.13.2 Products offered
13.1.13.3 Recent developments
13.1.13.3.1 Deals
13.1.13.3.2 Others
13.1.14 KNDS
13.1.14.1 Business overview
13.1.14.2 Products offered
13.1.14.3 Recent developments
13.1.14.3.1 Others
13.1.15 PARAMOUNT GROUP
13.1.15.1 Business overview
13.1.15.2 Products offered
13.1.15.3 Recent developments
13.1.15.3.1 Deals
13.1.16 MBDA
13.1.16.1 Business overview
13.1.16.2 Products offered
13.1.16.3 Recent developments
13.1.16.3.1 Deals
13.1.16.3.2 Others
13.1.17 TELEDYNE FLIR LLC
13.1.17.1 Business overview
13.1.17.2 Products offered
13.1.17.3 Recent developments
13.1.17.3.1 Others
13.1.18 SOLAR GROUP
13.1.18.1 Business overview
13.1.18.2 Products offered
13.1.18.3 Recent developments
13.1.18.3.1 Others
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
14.1 DISCUSSION GUIDE
14.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
14.3 CUSTOMIZATION OPTIONS
14.4 RELATED REPORTS
14.5 AUTHOR DETAILS
