Global Loitering Munition Market Forecast to 2028

The global loitering munition market was valued at US$ 972.44 million in 2022 and is expected to reach US$ 1,539.02 million by 2028; it is anticipated to register a CAGR of 8.4% from 2023 to 2028.

The loitering munitions market is expected to benefit from increased modularity, increased use of artificial intelligence (AI) and swarm technology, mission modules, and increased sensor capabilities over the forecast period. The rising adoption of unmanned systems is projected to offer various growth opportunities for the loitering munition market growth. Loitering munitions are engineered with seamless, persistent, and robust sensor-to-shooter links, ensuring the shortest loop between acquisition and targeting. Furthermore, integrating mission modules enables greater flexibility and a lower cost of operations, as intelligence, surveillance, and reconnaissance (ISR) roles can be fulfilled before a munition. Loitering munitions are anticipated to become a game-changer in artillery and fill the existing voids in surveillance-precision engagement capability between 40 and 200 km. Various countries are investing in enhancing their defense systems with advanced warfare technologies such as autonomous weapon systems. For instance, in February 2023, the defense ministry of Estonia announced the procurement of a significant quantity of loitering munitions, which is expected to be delivered in 2024. The purchase of an undisclosed number of loitering munitions is expected to be concluded in the first quarter of 2023. Such growing demand for advanced warfare technologies is projected to witness an upward trend over the forecast period.

The utilization of artificial intelligence (AI) in the military produces new and smart systems that redefine how the combat force is projected on a battlefield. Weapon systems are increasingly getting smaller, more flexible, more precise, more intelligent, and more robust. Autonomous weapon systems have several operational advantages, including speed and agility. They can make decisions faster than human operators, and they do not need to constantly communicate with human operators to function. As smart loitering munition does not involve human operators’ cognitive and physical limitations, it becomes more accurate and resilient than those operators. As a result, the defense industry is witnessing a rising trend of autonomous weapon systems.

In order to adopt the growing trend of autonomous weapon systems, various loitering munition market players are launching smart loitering munitions, a fully autonomous weapon system that can search, identify, decide, and engage targets independently without any human intervention. For instance, in December 2022, ROKETSAN and STM joined forces to develop ALPAGUT, a smart loitering munition system. It is capable of operating day and night, and it will be effective against mobile or stationary targets, on land or at sea, radar and communication systems, light armored land and sea vehicles, critical facilities such as command centers, personnel, and targets of opportunity. It offers an operational radius of 60 kilometers, an endurance of more than 60 minutes, and can be used individually or in swarm configurations. Hence, the deployment of smart loitering munitions is expected to be a prominent loitering munition market trend over the forecast period.

The loitering munition market size is categorized on the basis of type and platform. Based on type, the loitering munition market is divided into fixed wing and rotary wing. The fixed wing segment held a larger loitering munition market share in 2022. Based on platform, the loitering munition market is segmented into air, naval, and land. The land segment contributed the largest loitering munition market share in 2022.

Lockheed Martin Corporation, WB Group, IAI, UVision Air Ltd, Elbit Systems Ltd, STM Savunma Teknolojileri Mühendislik ve Ticaret AS, AVision Systems Pvt Ltd, Aeronautics Ltd, Rafael Advanced Defense Systems, and AeroVironment are a few of the key loitering munition market players operating across different regions. The listing of key players is derived by considering multiple parameters such as overall revenue, brand image, loitering munition contracts, current loitering munition portfolio in terms of number of models, technology integration & product enhancements, geographic reach, new product/feature launches, market initiatives, mergers & acquisitions, and other market-related activities. In addition to these players, multiple other leading global and regional market players, emerging companies, market disruptors and niche market players operating in the market ecosystem were also studied and analyzed during this study.

1. Introduction

1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation

2. Key Takeaways

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Loitering Munition Market Landscape

4.1 Market Overview
4.2 Porter’s Five Forces Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinion

5. Loitering Munition -Market Dynamics

5.1 Market Drivers
5.1.1 Rise in Number of Contracts for Supply of Loitering Munition
5.1.2 Continuous Growth of Defense Sectors Worldwide
5.2 Market Restraints
5.2.1 Threat of Jamming and Spoofing
5.3 Market Opportunities
5.3.1 Integration of Advanced Warfare Technologies in Defense Systems
5.4 Future Trends
5.4.1 Rising Deployment of Smart Loitering Munition
5.5 Impact Analysis of Drivers and Restraints

6. Loitering Munition Market - Global Analysis

6.1 Global Loitering Munition Market Overview
6.2 Loitering Munition Market - Revenue and Forecast to 2028 (US$ Million)
6.3 Market Positioning - Five Key Players

7. Loitering Munition Market Revenue and Forecast to 2028 - Type.

7.1 Overview
7.2 Loitering Munition Market Breakdown, by Type, 2022 and 2028
7.3 Fixed Wing
7.3.1 Overview
7.3.2 Fixed Wing: Loitering Munition Market- Revenue and Forecast to 2028 (US$ Million)
7.4 Rotary Wing
7.4.1 Overview
7.4.2 Rotary Wing: Loitering Munition Market- Revenue and Forecast to 2028 (US$ Million)

8. Loitering Munition Market Revenue and Forecast to 2028 - Platform.

8.1 Overview
8.2 Loitering Munition Market Breakdown, by Platform, 2022 and 2028
8.3 Air
8.3.1 Overview
8.3.2 Air: Loitering Munition Market- Revenue and Forecast to 2028 (US$ Million)
8.4 Naval
8.4.1 Overview
8.4.2 Naval: Loitering Munition Market- Revenue and Forecast to 2028 (US$ Million)
8.5 Land
8.5.1 Overview
8.5.2 Land: Loitering Munition Market- Revenue and Forecast to 2028 (US$ Million)

9. Loitering Munition Market - Geographic Analysis

9.1 Overview
9.2 North America: Loitering Munition Market
9.2.1 North America: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.2.2 North America: Loitering Munition Market, by Type
9.2.3 North America: Loitering Munition Market, by Platform
9.2.4 North America: Loitering Munition Market, by Key Country
9.2.4.1 US: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.2.4.1.1 US: Loitering Munition Market, by Type
9.2.4.1.2 US: Loitering Munition Market, by Platform
9.2.4.2 Canada: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.2.4.2.1 Canada: Loitering Munition Market, by Type
9.2.4.2.2 Canada: Loitering Munition Market, by Platform
9.2.4.3 Mexico: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.2.4.3.1 Mexico: Loitering Munition Market, by Type
9.2.4.3.2 Mexico: Loitering Munition Market, by Platform
9.3 Europe: Loitering Munition Market
9.3.1 Europe: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.3.2 Europe: Loitering Munition Market, by Type
9.3.3 Europe: Loitering Munition Market, by Platform
9.3.4 Europe: Loitering Munition Market, by Key Country
9.3.4.1 France: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.3.4.1.1 France: Loitering Munition Market, by Type
9.3.4.1.2 France: Loitering Munition Market, by Platform
9.3.4.2 Germany: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.3.4.2.1 Germany: Loitering Munition Market, by Type
9.3.4.2.2 Germany: Loitering Munition Market, by Platform
9.3.4.3 Italy: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.3.4.3.1 Italy: Loitering Munition Market, by Type
9.3.4.3.2 Italy: Loitering Munition Market, by Platform
9.3.4.4 UK: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.3.4.4.1 UK: Loitering Munition Market, by Type
9.3.4.4.2 UK: Loitering Munition Market, by Platform
9.3.4.5 Russia: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.3.4.5.1 Russia: Loitering Munition Market, by Type
9.3.4.5.2 Russia: Loitering Munition Market, by Platform
9.3.4.6 Rest of Europe: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.3.4.6.1 Rest of Europe: Loitering Munition Market, by Type
9.3.4.6.2 Rest of Europe: Loitering Munition Market, by Platform
9.4 Asia Pacific: Loitering Munition Market
9.4.1 Asia Pacific: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.4.2 Asia Pacific: Loitering Munition Market, by Type
9.4.3 Asia Pacific: Loitering Munition Market, by Platform
9.4.4 Asia Pacific: Loitering Munition Market, by Key Country
9.4.4.1 Australia: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.4.4.1.1 Australia: Loitering Munition Market, by Type
9.4.4.1.2 Australia: Loitering Munition Market, by Platform
9.4.4.2 China: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.4.4.2.1 China: Loitering Munition Market, by Type
9.4.4.2.2 China: Loitering Munition Market, by Platform
9.4.4.3 India: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.4.4.3.1 India: Loitering Munition Market, by Type
9.4.4.3.2 India: Loitering Munition Market, by Platform
9.4.4.4 Japan: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.4.4.4.1 Japan: Loitering Munition Market, by Type
9.4.4.4.2 Japan: Loitering Munition Market, by Platform
9.4.4.5 South Korea: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.4.4.5.1 South Korea: Loitering Munition Market, by Type
9.4.4.5.2 South Korea: Loitering Munition Market, by Platform
9.4.4.6 Rest of Asia Pacific: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.4.4.6.1 Rest of Asia Pacific: Loitering Munition Market, by Type
9.4.4.6.2 Rest of Asia Pacific: Loitering Munition Market, by Platform
9.5 Middle East and Africa: Loitering Munition Market
9.5.1 Middle East and Africa: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.5.2 Middle East and Africa: Loitering Munition Market, by Type
9.5.3 Middle East and Africa: Loitering Munition Market, by Platform
9.5.4 Middle East and Africa: Loitering Munition Market, by Key Country
9.5.4.1 Saudi Arabia: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.5.4.1.1 Saudi Arabia: Loitering Munition Market, by Type
9.5.4.1.2 Saudi Arabia: Loitering Munition Market, by Platform
9.5.4.2 UAE: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.5.4.2.1 UAE: Loitering Munition Market, by Type
9.5.4.2.2 UAE: Loitering Munition Market, by Platform
9.5.4.3 South Africa: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.5.4.3.1 South Africa: Loitering Munition Market, by Type
9.5.4.3.2 South Africa: Loitering Munition Market, by Platform
9.5.4.4 Rest of MEA: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.5.4.4.1 Rest of MEA: Loitering Munition Market, by Type
9.5.4.4.2 Rest of MEA: Loitering Munition Market, by Platform
9.6 SAM: Loitering Munition Market
9.6.1 SAM: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.6.2 SAM: Loitering Munition Market, by Type
9.6.3 SAM: Loitering Munition Market, by Platform
9.6.4 SAM: Loitering Munition Market, by Key Country
9.6.4.1 Brazil: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.6.4.1.1 Brazil: Loitering Munition Market, by Type
9.6.4.1.2 Brazil: Loitering Munition Market, by Platform
9.6.4.2 Rest of SAM: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
9.6.4.2.1 Rest of SAM: Loitering Munition Market, by Type
9.6.4.2.2 Rest of SAM: Loitering Munition Market, by Platform

10. Loitering Munition Market- COVID-19 Impact Analysis

10.1 Overview
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.3 Europe: Impact Assessment of COVID-19 Pandemic
10.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
10.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
10.6 South America: Impact Assessment of COVID-19 Pandemic

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 Product Development
11.4 Mergers & Acquisitions

12. Company Profiles

12.1 STM AS
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Innovaero Pty Ltd
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 AVision Systems Pvt Ltd
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Rafael Advanced Defense Systems Ltd
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 AeroVironment Inc
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 Lockheed Martin Corp
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 WB Electronics SA
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Israel Aerospace Industries Ltd
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 UVision Air Ltd
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Elbit Systems Ltd
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners
13.2 Word Index

List of Tables

Table 1. Loitering Munition Market - Revenue and Forecast to 2028 (US$ Million)
Table 2. North America: Loitering Munition Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 3. North America: Loitering Munition Market, by Platform - Revenue and Forecast to 2028 (US$ Million)
Table 4. US: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 5. US: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 6. Canada: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 7. Canada: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 8. Mexico: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 9. Mexico: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 10. Europe: Loitering Munition Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 11. Europe: Loitering Munition Market, by Platform - Revenue and Forecast to 2028 (US$ Million)
Table 12. France: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 13. France: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 14. Germany: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 15. Germany: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 16. Italy: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 17. Italy: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 18. UK: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 19. UK: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 20. Russia: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 21. Russia: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 22. Rest of Europe: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 23. Rest of Europe: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 24. Asia Pacific: Loitering Munition Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 25. Asia Pacific: Loitering Munition Market, by Platform - Revenue and Forecast to 2028 (US$ Million)
Table 26. Australia: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 27. Australia: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 28. China: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 29. China: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 30. India: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 31. India: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 32. Japan: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 33. Japan: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 34. South Korea: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 35. South Korea: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 36. Rest of Asia Pacific: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 37. Rest of Asia Pacific: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 38. Middle East and Africa: Loitering Munition Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 39. Middle East and Africa: Loitering Munition Market, by Platform - Revenue and Forecast to 2028 (US$ Million)
Table 40. Saudi Arabia: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 41. Saudi Arabia: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 42. UAE: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 43. UAE: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 44. South Africa: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 45. South Africa: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 46. Rest of MEA: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 47. Rest of MEA: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 48. SAM: Loitering Munition Market, by Type - Revenue and Forecast to 2028 (US$ Million)
Table 49. SAM: Loitering Munition Market, by Platform - Revenue and Forecast to 2028 (US$ Million)
Table 50. Brazil: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 51. Brazil: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 52. Rest of SAM: Loitering Munition Market, by Type -Revenue and Forecast to 2028 (US$ Million)
Table 53. Rest of SAM: Loitering Munition Market, by Platform -Revenue and Forecast to 2028 (US$ Million)
Table 54. List of Abbreviation

List of Figures

Figure 1. Loitering Munition Market Segmentation
Figure 2. Loitering Munition Market Segmentation - By Geography
Figure 3. Global Loitering Munition Market Overview
Figure 4. Fixed Wing Contributed the Largest Market Share in 2022
Figure 5. Land Held the Largest Market Share in 2022
Figure 6. Asia Pacific to Show Great Traction During Forecast Period of 2023 to 2028
Figure 7. Porter’s Five Forces Analysis
Figure 8. Loitering Munition Market- Ecosystem Analysis
Figure 9. Expert Opinion
Figure 10. Loitering Munition Market Impact Analysis of Drivers and Restraints
Figure 11. Geographic Overview of Loitering Munition Market
Figure 12. Loitering Munition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 13. Market Positioning - Five Key Players
Figure 14. Loitering Munition Market Revenue Share, by Type (2022 and 2028)
Figure 15. Fixed Wing: Loitering Munition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 16. Rotary Wing: Loitering Munition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 17. Loitering Munition Market Revenue Share, by Platform (2022 and 2028)
Figure 18. Air: Loitering Munition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 19. Naval: Loitering Munition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 20. Land: Loitering Munition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 21. Global Loitering Munition Market Revenue Share, by Region (2022 and 2028)
Figure 22. North America: Loitering Munition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 23. North America: Loitering Munition Market Revenue Share, by Type (2022 and 2028)
Figure 24. North America: Loitering Munition Market Revenue Share, by Platform (2022 and 2028)
Figure 25. North America: Loitering Munition Market Revenue Share, by Key Country (2022 and 2028)
Figure 26. US: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 27. Canada: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 28. Mexico: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 29. Europe: Loitering Munition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 30. Europe: Loitering Munition Market Revenue Share, by Type (2022 and 2028)
Figure 31. Europe: Loitering Munition Market Revenue Share, by Platform (2022 and 2028)
Figure 32. Europe: Loitering Munition Market Revenue Share, by Key Country (2022 and 2028)
Figure 33. France: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 34. Germany: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 35. Italy: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 36. UK: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 37. Russia: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 38. Rest of Europe: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 39. Asia Pacific: Loitering Munition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 40. Asia Pacific: Loitering Munition Market Revenue Share, by Type (2022 and 2028)
Figure 41. Asia Pacific: Loitering Munition Market Revenue Share, by Platform (2022 and 2028)
Figure 42. Asia Pacific: Loitering Munition Market Revenue Share, by Key Country (2022 and 2028)
Figure 43. Australia: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 44. China: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 45. India: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 46. Japan: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 47. South Korea: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 48. Rest of Asia Pacific: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 49. Middle East and Africa: Loitering Munition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 50. Middle East and Africa: Loitering Munition Market Revenue Share, by Type (2022 and 2028)
Figure 51. Middle East and Africa: Loitering Munition Market Revenue Share, by Platform (2022 and 2028)
Figure 52. Middle East and Africa: Loitering Munition Market Revenue Share, by Key Country (2022 and 2028)
Figure 53. Saudi Arabia: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 54. UAE: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 55. South Africa: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 56. Rest of MEA: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 57. SAM: Loitering Munition Market - Revenue and Forecast to 2028 (US$ Million)
Figure 58. SAM: Loitering Munition Market Revenue Share, by Type (2022 and 2028)
Figure 59. SAM: Loitering Munition Market Revenue Share, by Platform (2022 and 2028)
Figure 60. SAM: Loitering Munition Market Revenue Share, by Key Country (2022 and 2028)
Figure 61. Brazil: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 62. Rest of SAM: Loitering Munition Market - Revenue, and Forecast to 2028 (US$ Million)
Figure 63. Impact of COVID-19 Pandemic on Markets in North American Countries
Figure 64. Impact of COVID-19 Pandemic on Europe Country Markets
Figure 65. Impact of COVID-19 Pandemic on APAC Country Markets
Figure 66. Impact of COVID-19 Pandemic on MEA Country Markets
Figure 67. Impact of COVID-19 Pandemic on SAM Country Markets

Companies Mentioned

Stm As
Innovaero Pty Ltd
Avision Systems Pvt Ltd
Rafael Advanced Defense Systems Ltd
Aerovironment Inc
Lockheed Martin Corp
Wb Electronics Sa
Israel Aerospace Industries Ltd
Uvision Air Ltd
Elbit Systems Ltd

Table Information

Report Attribute	Details
No. of Pages	150
Published	May 2023
Forecast Period	2022 - 2028
Estimated Market Value ( USD ) in 2022	$ 972.44 Million
Forecasted Market Value ( USD ) by 2028	$ 1539.02 Million
Compound Annual Growth Rate	8.4%
Regions Covered	Global
No. of Companies Mentioned	10

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Global Loitering Munition Market Forecast to 2028 - Analysis by Type, Platform

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