The loitering Munition System Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the loitering Munition System Market?
The historical growth trend in the loitering Munition System Global Market Report 2025 market has risen significantly in the recent years. The market size expanded from $1.83 billion in 2024 to $2.02 billion in 2025, which represents a Compound Annual Growth Rate (CAGR) of 10.1%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the loitering Munition System Industry?
The market size of the loitering munition system is projected to increase to $2.94 billion in 2029, with a compound annual growth rate (CAGR) of 9.8%.
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What are the Key Growth Drivers Fueling the loitering Munition System Market?
The key drivers in the loitering munition system market are:
• Expansion of military modernization programs
• Rising demand for multi-role loitering munitions
• The growth in counterterrorism operations requiring precision and rapid-response capabilities
• Increasing use of loitering munitions in naval and aerial platforms
Global Market Segmentation: Identifying Major loitering Munition System Industry Segments
The loitering munition system market covered in this report is segmented –
1) By Type: Mini Loitering Munitions, Tactical Loitering Munitions, Strategic Loitering Munitions
2) By Technology: Electro-Optical Or Infrared (EO/IR) Systems, Radar Guidance Systems, Global Positioning System (GPS) Or Inertial Navigation System (INS) Guidance Systems
3) By Launch Platform: Ground-Based Systems, Aerial Platforms, Naval Platforms
4) By Application: Military, Commercial, Homeland Security
5) By End-User: Defense Forces, Paramilitary Organizations
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What are the Emerging Trends Shaping the Future of the loitering Munition System Market?
The key trends in the loitering munition system market are:
• Turbojet-powered high-speed munitions are becoming a key trend in the market.
• There is a growing focus towards integrating artificial intelligence, enabling greater autonomy and swarm operations.
• Miniaturization and modular design is an emerging trend.
• Developments in real-time intelligence and surveillance in the loitering munition system is shaping its future.
Who Are the Top Competitors & Leading Players in the loitering Munition System Market?
Major players in the loitering munition system market are:
• Lockheed Martin Corporation
• Airbus SE
• RTX Corporation
• Northrop Grumman Corporation
• BAE Systems plc
• Thales Group
• Rheinmetall AG
• Elbit Systems Ltd.
• Teledyne Technologies Incorporated
• Edge PJSC Group
• Israel Aerospace Industries Ltd.
• MBDA Missile Systems
• KNDS N.V.
• Rafael Advanced Defense Systems Ltd
• Solar Industries India Limited
• Paramount Group
• AeroVironment Inc.
• Anduril Industries
• STM Savuma Teknolojileri Muhendislik Ve Ticaret A.S
• WB Group Sp. z o.o.
• UVision Air Ltd.
• Embention Sistemas Inteligentes S.L.
• AVision Sytems Pvt Ltd.
• ZALA Aero Group
Regional Dominance: Which Area Leads the Global loitering Munition System Market?
North America was the largest region in the loitering munition system market in 2024
