The global demand for Loitering Munition System Market is presumed to reach the market size of nearly USD 6.71 BN by 2030 from USD 2.06 BN in 2022 with a CAGR of 15.9% under the study period 2023 - 2030.
A loitering munition system, also known as a suicide drone or kamikaze drone, is a type of unmanned aerial vehicle (UAV) designed for a unique purpose: rather than striking a target and returning to base, it is intended to remain near a target area for an extended period of time until a suitable target is identified. Once a target is detected, the drone is used as a guided missile, directly engaging and neutralizing the target. This combination of surveillance and precision strike capabilities makes these systems distinctive in modern warfare.
The growth of the loitering munition system market is propelled by various factors. These systems offer precision strike capabilities with reduced collateral damage, which is highly valued in modern warfare. They provide real-time intelligence, surveillance, and reconnaissance (ISR) capabilities, enhancing situational awareness and informed decision-making. Their remote-controlled nature reduces risks to human personnel in dangerous environments. Loitering munition systems contribute to asymmetric warfare scenarios, enabling smaller forces to engage larger adversaries effectively. They offer tactical flexibility by combining surveillance and strike capabilities in a single platform. Ongoing technological advancements in drone technology, sensors, and miniaturization further drive their development. The rising demand for UAVs and defense modernization efforts globally also contributes to market growth. However, ethical considerations and adherence to international laws and norms in the deployment of these systems are important aspects that accompany their growth. Staying informed through reliable sources is crucial to understanding the evolving landscape of the loitering munition system market.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of loitering munition system. The growth and trends of loitering munition system industry provide a holistic approach to this study.
This section of the loitering munition system market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
By Application
This section covers the regional outlook, which accentuates current and future demand for the Loitering Munition System market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Loitering Munition System market include Israel Aerospace Industries Ltd. (IAI) (Israel), AeroVironment Inc. (U.S.), UVision Air Ltd. (Israel), Paramount Group (South Africa), Embention (Spain), WB Group (Poland), STM Savunma Teknolojileri ve Mühendislik A.Ş. (Turkey), ZALA Aero Group (Russia), Rheinmetall AG (Germany), Elbit Systems Ltd. (Israel). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
1 . PREFACE
1.1. Report Description
1.1.1. Objective
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 . EXECUTIVE SUMMARY
2.1. Highlights of Market
2.2. Global Market Snapshot
3 . LOITERING MUNITION SYSTEM – INDUSTRY ANALYSIS
3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter’s Five Force Analysis
3.7. Market Attractiveness Analysis
3.7.1 Market Attractiveness Analysis By Type
3.7.2 Market Attractiveness Analysis By Application
3.7.3 Market Attractiveness Analysis By Region
4 . VALUE CHAIN ANALYSIS
4.1. Value Chain Analysis
4.2. Raw Material Analysis
4.2.1. List of Raw Materials
4.2.2. Raw Material Manufactures List
4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
4.4.1. Direct Marketing
4.4.2. Indirect Marketing
4.4.3. Marketing Channel Development Trend
5 . GLOBAL LOITERING MUNITION SYSTEM MARKET ANALYSIS BY TYPE
5.1 Overview by Type
5.2 Historical and Forecast Data
5.3 Analysis by Type
5.4 Autonomous Identification And Positioning Loitering Munition System Historic and Forecast Sales by Regions
5.5 Manual Positioning Loitering Munition System Historic and Forecast Sales by Regions
6 . GLOBAL LOITERING MUNITION SYSTEM MARKET ANALYSIS BY APPLICATION
6.1 Overview by Application
6.2 Historical and Forecast Data
6.3 Analysis by Application
6.4 Navy Force Historic and Forecast Sales by Regions
6.5 Land Force Historic and Forecast Sales by Regions
6.6 Air Force Historic and Forecast Sales by Regions
7 . GLOBAL LOITERING MUNI ...