Loitering Munitions Market Share, Size, and Trends by 2031
Loitering Munitions Market: Strategic Insights
Loitering Munitions Market
-
CAGR (2023 - 2031)9.0% -
Market Size 2023
US$ 1.01 Billion -
Market Size 2031
US$ 2.02 Billion
Market Dynamics
GROWTH DRIVERS
- Surging Defense Expenditure
- Rise in Number of Contracts for Supply of Loitering Munition
FUTURE TRENDS
- Integration of Advanced Warfare Technologies in Defense Systems
OPPORTUNITIES
- Integration of Advanced Warfare Technologies in Defense Systems
Key Players
- 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
Regional Overview
- North America
- Europe
- Asia-Pacific
- South and Central America
- Middle East and Africa
Market Segmentation
Type - Fixed Wing
- Rotary Wing
Platform - Air
- Naval
- Land
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