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Loitering Munition - Company Evaluation Report, 2024 (Abridged Report)

Publisher MarketsandMarkets
Published Jul 01, 2025
Length 109 Pages
SKU # MKMK20200504

Description

The Loitering Munition Companies Quadrant is a comprehensive industry analysis that provides valuable insights into the global market for Loitering Munition. This quadrant offers a detailed evaluation of key market players, technological advancements, product innovations, and emerging trends shaping the industry. MarketsandMarkets 360 Quadrants evaluated over 100 companies, of which the Top 18 Loitering Munition Companies were categorized and recognized as the quadrant leaders.

The growth of this market is primarily driven by the increasing need for advanced military capabilities, especially among special operations forces, and the expanding deployment of unmanned aerial vehicles (UAVs) in combat operations. Contributing factors include rising global defense budgets—most notably in countries such as the US, the UK, India, and Israel—focused on modernizing armed forces and improving operational efficiency. The demand for precision warfare systems to address evolving threats is also accelerating the adoption of loitering munitions, which provide real-time targeting with reduced risk of collateral damage. Technological innovations in UAV systems, including autonomous capabilities that allow for independent operation, further enhance the strategic value and effectiveness of loitering munitions.

The strong demand for expendable loitering munitions is fueled by their cost-efficiency, operational adaptability, and precision targeting capabilities in contemporary combat environments. Designed for single-use missions, these systems are well-suited for eliminating high-value targets while minimizing unintended damage. The market growth is also supported by the rising need for rapid-response weapons capable of engaging time-sensitive threats, such as enemy command centers or missile launch platforms.

The 360 Quadrant maps the Loitering Munition companies based on criteria such as revenue, geographic presence, growth strategies, investments, and sales strategies for the market presence of the Loitering Munition quadrant. The top criteria for product footprint evaluation included By TYPE (Recoverable, Expendable), By END USER (Operational Capabilities, By Country, Army, Navy, Air Force), By LAUNCH MODE (Air Launched Effect, Vertical Take-off, Canister Launched, High Demand for Versatile Deployment Methods from Military Forces to Drive Market, Catapult Launched, Hand Launched), and By RANGE (Short Range, Medium Range, Long Range).

Key Players

Key players in the Loitering Munition market include major global corporations and specialized innovators such as AEROVIRONMENT, INC., ELBIT SYSTEMS LTD., RHEINMETALL AG, ISRAEL AEROSPACE INDUSTRIES, UVISION, THALES, NORTHROP GRUMMAN, WB GROUP, EDGE PJSC GROUP, ANDURIL INDUSTRIES, RTX, AEVEX AEROSPACE, STM SAVUNMA TEKNOLOJILERI MÜHENDISLIK VE TICARET A.Ş., KNDS, PARAMOUNT GROUP, MBDA, TELEDYNE FLIR LLC, and SOLAR GROUP. These companies are actively investing in research and development, forming strategic partnerships, and engaging in collaborative initiatives to drive innovation, expand their global footprint, and maintain a competitive edge in this rapidly evolving market.

AeroVironment, Inc.

AeroVironment, Inc., a leading player in the loitering munition market, is renowned for its innovative Switchblade series. The company specializes in compact, portable unmanned aerial vehicles (UAVs) that enable precision strikes in various combat environments. AeroVironment's strong relationship with the U.S. Department of Defense and focus on autonomous systems position it as a market leader. However, reliance on U.S. contracts is a potential vulnerability.

Elbit Systems Ltd.

Elbit Systems Ltd., based in Israel, is at the forefront of the market with advanced unmanned aerial system technologies like SkyStriker. It integrates ISR capabilities with precision strike functionalities. The company's global reach covers the Americas, Europe, the Middle East, and Asia Pacific, ensuring a broad market footprint.

Israel Aerospace Industries

Israel Aerospace Industries is a major player in designing defense-oriented technologies like the HARPY and HAROP systems. They provide significant contributions to the loitering munition market with their wide range of specialized drones. Their strategic geographical presence and ongoing contracts with NATO countries highlight their competitive advantage.

Table of Contents

109 Pages
1 Introduction
1.1 Market Definition
1.2 Inclusions And Exclusions
1.3 Stakeholders
2 Executive Summary
3 Market Overview
3.1 Introduction
3.2 Market Dynamics
3.2.1 Drivers
3.2.1.1 Integration Of Ai And Sensors Into Loitering Munitions
3.2.1.2 Defense Modernization Initiatives
3.2.1.3 Cost-effectiveness And Versatility
3.2.1.4 Increasing Demand For Precision Strike Capabilities
3.2.2 Restraints
3.2.2.1 High Procurement Costs
3.2.2.2 Operational Limitations
3.2.2.3 Regulatory Challenges
3.2.3 Opportunities
3.2.3.1 Focus On Enhancing Border Security And Counter-insurgency Operations
3.2.3.2 Advancements In Countermeasure Technologies
3.2.3.3 Significance Of Loitering Munitions In Naval Warfare And Maritime Surveillance
3.2.4 Challenges
3.2.4.1 Technical Limitations And Reliability Concerns
3.2.4.2 Potential Threats To Safety And Violation Of Privacy
3.3 Ecosystem Analysis
3.4 Trends And Disruptions Impacting Customer Business
3.5 Value Chain Analysis
3.6 Technology Analysis
3.6.1 Key Technologies
3.6.1.1 Lightweight Sensors And Guidance Systems
3.6.1.2 Advanced Communications Systems
3.6.2 Complementary Technologies
3.6.2.1 Bvlos Operations
3.6.2.2 Counter-unmanned Aerial Systems
3.6.2.3 Security Protocols
3.6.3 Adjacent Technologies
3.6.3.1 Innovative Battery Technologies
3.6.3.2 Electro-optical And Infrared Sensors
4 Industry Trends
4.1 Introduction
4.2 Technology Trends
4.2.1 Autonomous Target Recognition Systems
4.2.2 Swarm Technology
4.2.3 Multi-mission Capabilities And Modularity
4.2.4 Software-defined Networking
4.2.5 Target Drones
4.3 Impact Of Megatrends
4.3.1 Nanotechnology
4.3.2 Blockchain And Iot
4.4 Supply Chain Analysis
4.5 Patent Analysis
5 Competitive Landscape
5.1 Introduction
5.2 Key Player Strategies/Right To Win, 2020–2024
5.3 Revenue Analysis, 2019–2023
5.4 Market Share Analysis, 2023
5.5 Company Evaluation Matrix: Key Players, 2023
5.5.1 Stars
5.5.2 Emerging Leaders
5.5.3 Pervasive Players
5.5.4 Participants
5.5.5 Company Footprint
5.5.5.1 Company Footprint
5.5.5.2 End User Footprint
5.5.5.3 Type Footprint
5.5.5.4 Region Footprint
5.6 Company Evaluation Matrix: Start-ups/Smes, 2023
5.6.1 Progressive Companies
5.6.2 Responsive Companies
5.6.3 Dynamic Companies
5.6.4 Starting Blocks
5.6.5 Competitive Benchmarking
5.6.5.1 List Of Start-ups/Smes
5.6.5.2 Competitive Benchmarking Of Start-ups/Smes
5.7 Company Valuation And Financial Metrics
5.8 Brand/Product Comparison
5.9 Competitive Scenario
5.9.1 Deals
5.9.2 Others
6 Company Profiles
6.1 Key Players
6.1.1 Aerovironment, Inc.
6.1.1.1 Business Overview
6.1.1.2 Products Offered
6.1.1.3 Recent Developments
6.1.1.3.1 Others
6.1.1.4 Mnm View
6.1.1.4.1 Right To Win
6.1.1.4.2 Strategic Choices
6.1.1.4.3 Weaknesses And Competitive Threats
6.1.2 Elbit Systems Ltd.
6.1.2.1 Business Overview
6.1.2.2 Products Offered
6.1.2.3 Recent Developments
6.1.2.3.1 Others
6.1.2.4 Mnm View
6.1.2.4.1 Right To Win
6.1.2.4.2 Strategic Choices
6.1.2.4.3 Weaknesses And Competitive Threats
6.1.3 Rheinmetall Ag
6.1.3.1 Business Overview
6.1.3.2 Products Offered
6.1.3.3 Recent Developments
6.1.3.3.1 Others
6.1.3.4 Mnm View
6.1.3.4.1 Right To Win
6.1.3.4.2 Strategic Choices
6.1.3.4.3 Weaknesses And Competitive Threats
6.1.4 Israel Aerospace Industries
6.1.4.1 Business Overview
6.1.4.2 Products Offered
6.1.4.3 Recent Developments
6.1.4.3.1 Others
6.1.4.4 Mnm View
6.1.4.4.1 Right To Win
6.1.4.4.2 Strategic Choices
6.1.4.4.3 Weaknesses And Competitive Threats
6.1.5 Uvision
6.1.5.1 Business Overview
6.1.5.2 Products Offered
6.1.5.3 Recent Developments
6.1.5.3.1 Deals
6.1.5.3.2 Others
6.1.5.4 Mnm View
6.1.5.4.1 Right To Win
6.1.5.4.2 Strategic Choices
6.1.5.4.3 Weaknesses And Competitive Threats
6.1.6 Thales
6.1.6.1 Business Overview
6.1.6.2 Products Offered
6.1.7 Northrop Grumman
6.1.7.1 Business Overview
6.1.7.2 Products Offered
6.1.8 Wb Group
6.1.8.1 Business Overview
6.1.8.2 Products Offered
6.1.8.3 Recent Developments
6.1.8.3.1 Others
6.1.9 Edge Pjsc Group
6.1.9.1 Business Overview
6.1.9.2 Products Offered
6.1.9.3 Recent Developments
6.1.9.3.1 Others
6.1.10 Anduril Industries
6.1.10.1 Business Overview
6.1.10.2 Products Offered
6.1.10.3 Recent Developments
6.1.10.3.1 Others
6.1.11 Rtx
6.1.11.1 Business Overview
6.1.11.2 Products Offered
6.1.11.3 Recent Developments
6.1.11.3.1 Others
6.1.12 Aevex Aerospace
6.1.12.1 Business Overview
6.1.12.2 Products Offered
6.1.13 Stm Savunma Teknolojileri Mühendislik Ve Ticaret A.Ş.
6.1.13.1 Business Overview
6.1.13.2 Products Offered
6.1.13.3 Recent Developments
6.1.13.3.1 Deals
6.1.13.3.2 Others
6.1.14 Knds
6.1.14.1 Business Overview
6.1.14.2 Products Offered
6.1.14.3 Recent Developments
6.1.14.3.1 Others
6.1.15 Paramount Group
6.1.15.1 Business Overview
6.1.15.2 Products Offered
6.1.15.3 Recent Developments
6.1.15.3.1 Deals
6.1.16 Mbda
6.1.16.1 Business Overview
6.1.16.2 Products Offered
6.1.16.3 Recent Developments
6.1.16.3.1 Deals
6.1.16.3.2 Others
6.1.17 Teledyne Flir Llc
6.1.17.1 Business Overview
6.1.17.2 Products Offered
6.1.17.3 Recent Developments
6.1.17.3.1 Others
6.1.18 Solar Group
6.1.18.1 Business Overview
6.1.18.2 Products Offered
6.1.18.3 Recent Developments
6.1.18.3.1 Others
6.2 Other Players
6.2.1 Arquimea
6.2.2 Roketsan
6.2.3 Tata Advanced Systems Limited
6.2.4 Spear
6.2.5 Transvaro Elektron Aletleri
6.2.6 Baykar Technologies
6.2.7 Overwatch Group
6.2.8 Kadet Defence Systems
6.2.9 Defendtex
6.2.10 Johnnette Technologies
7 Appendix
7.1 Research Methodology
7.1.1 Research Data
7.1.1.1 Secondary Data
7.1.1.2 Primary Data
7.1.2 Research Limitations
7.1.3 Research Assumptions
7.1.4 Risk Assessment
7.2 Company Evaluation Matrix: Methodology
7.3 Author Details

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