06:01 ET Loitering Munition Market worth $13.26 billion by 2030 - Exclusive Report by MarketsandMarkets™

prnewswire
2026.01.27 11:02
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The Loitering Munition Market is projected to grow from USD 5.36 billion in 2025 to USD 13.26 billion by 2030, with a CAGR of 19.9%. This growth is driven by increasing demand for precise, cost-effective combat systems, including kamikaze drones and suicide UAVs. North America currently leads the market, while Europe is expected to account for the largest share in the future. Key players include AeroVironment, Israel Aerospace Industries, and Rheinmetall AG, focusing on enhancing mission readiness and battlefield performance.