Press release
Loitering Munition Market Soars: Next-Gen Precision Weapons Reshape Modern Warfare 2025 | Top key players - AeroVironment, Inc., Thales S.A., Elbit Systems Ltd.
According to DataM Intelligence, The Global Loitering Munition Market reached US$ 529.90 million in 2024 and is expected to reach US$ 1056.63 million by 2032, growing with a CAGR of 9.01% during the forecast period 2025-2032. Rising demand for precision strike capabilities, increasing military modernization programs, and growing adoption in asymmetric warfare are driving the global loitering munition market's rapid growth.Unlock exclusive insights with our detailed sample report (Corporate Email ID to get priority access) @ https://datamintelligence.com/download-sample/loitering-munition-market?sz
The Loitering Munition Market encompasses the production, sale, and deployment of aerial weapon systems that can remain airborne for extended periods, surveil targets, and engage with precision strikes when required. Combining features of drones and missiles, these systems are used for tactical, operational, and strategic missions, enhancing situational awareness and reducing collateral damage in modern warfare.
Loitering Munition Market Key Developments:
In April 2025, the German military announced its first-ever plan to acquire loitering munitions, signaling a strategic move to address evolving security challenges and drawing on lessons from the proven effectiveness of these drones in recent conflicts.
In March 2025, China unveiled the Feilong-60A (Flying Dragon-60), its first modular, rocket-based loitering munition. Integrated with the SR-5 multiple-launch rocket system, each unit is equipped with two six-tube canisters, significantly boosting the nation's precision strike capabilities.
Key Industry players in the Loitering Munition Market
The prominent players in Loitering Munition market research report are: AeroVironment, Inc., Thales S.A., Elbit Systems Ltd., Rheinmetall AG, Uvision Air Ltd., WB Group, Paramount Group, EDGE Group, Israel Aerospace Industries, AEVEX Aerospace and others.
The companies are primarily focusing on strategies such as new product launches to penetrate the fastest-growing emerging markets across the world.
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Market Segments
By Type: Recoverable, Expandable.
By Launch Mode: Air-launched Effect, Vertical Take-off, Canister Launched, Hand Launched, Others.
By Range: Short Range (Less than 15 Kms), Medium Range (16-50 Kms), Long Range (Greater than 50 Kms).
By Application: Army, Navy, Air Force.
The Loitering Munition industry is experiencing rapid growth, driven by innovations in medical technology, rising demand for advanced therapies, and a stronger focus on patient-centered care. As the sector progresses, comprehensive market analysis becomes crucial for monitoring emerging trends, regulatory changes, and potential opportunities.
Regions Covered:
The global Loitering Munition Market report focuses on six major regions: North America, South America, Europe, Asia Pacific, the Middle East, and Africa.
☞ North America - US, Canada, Mexico
☞ Europe- Germany, Russia, UK, France, Italy, Rest of Europe
☞ Asia Pacific- China, India, Japan, Australia, Rest of Asia Pacific
☞ South America- Brazil, Argentina, Colombia, Rest of South America
☞ Middle East and Africa- Saudi Arabia, UAE, Oman, Bahrain, Qatar, Kuwait, Israel
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FAQs:
➠ What are the global figures for sales, production, consumption, imports, and exports in the Loitering Munition market?
➠ Who are the key players in the global Loitering Munition industry, and what is their operational performance in terms of capacity, output, sales, pricing, costs, and overall revenue?
➠ What opportunities and challenges are vendors facing in the global Loitering Munition market?
➠ Which product types or end-user applications are likely to experience the most growth? What is the market share of each segment?
➠ What are the main strategic approaches and limitations influencing the growth of the Loitering Munition market?
➠ What are the various sales, marketing, and distribution strategies used across the global Loitering Munition industry?
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