Loitering Munition Market Scope And Analysis

  • Report Code : TIPRE00025081
  • Category : Aerospace and Defense
  • No. of Pages : 150
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Loitering Munitions Market Scope and Key Players Analysis by 2031

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Loitering Munitions Market Report Loitering Munitions Market Size and Share Loitering Munitions Market Scope and Analysis

Loitering Munitions Market Report Scope

Report Attribute Details
Market size in 2023 US$ 1.01 Billion
Market Size by 2031 US$ 2.02 Billion
Global CAGR (2023 - 2031) 9.0%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Type
  • Fixed Wing
  • Rotary Wing
By Platform
  • Air
  • Naval
  • Land
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • STM AS
  • Innovaero Pty Ltd
  • AVision Sytems 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
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    Loitering Munitions Market News and Recent Developments

    The Loitering Munitions Market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for loitering munitions market and strategies:

    • In 2022, US-based AeroVironment, Inc. won a contract worth US$ 47.90 million (EUR 45 million) to supply Switchblade 300 and Switchblade 600 loitering munitions to the Lithuanian Ministry of Defense. (Source: AeroVironment Inc, Press Release/Company Website/Newsletter)
    • In 2022, The Argentine Ministry of Defense (MoD) signed a contract with the Israeli MoD's Directorate of International Defense Cooperation to buy Israel-based Uvision's Hero-120 and Hero-30 loitering munitions. (Source: UVision, Press Release/Company Website/Newsletter)

    Loitering Munitions Market Report Coverage and Deliverables

    The “Loitering Munitions Market Size and Forecast (2021–2031)” report provides a detailed analysis of the market covering below areas:

    • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
    • Market dynamics such as drivers, restraints, and key opportunities
    • Key future trends
    • Detailed Porter’s Five Forces analysis
    • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments
    • Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments
    • Detailed company profiles with SWOT analysis