Loitering Munitions Market Outlook 2029: Driving the Next Era of Smart, Adaptive Warfare
The rise in asymmetric warfare, which is marked by scattered fighting groups, unorthodox tactics, and urban battlefields, has increased demand for loitering munitions that can attack targets precisely while causing the least amount of collateral damage. Kamikaze drones, in contrast to traditional missiles or artillery, are capable of continuously monitoring, locating, and destroying valuable targets.
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Demand Analysis for Kamikaze Drones (Loitering Munitions), 2024–2029
“Kamikaze drones”—the expendable subset of loitering munitions, have moved from niche to centerpiece in modern combined-arms warfare. Verified program awards in the U.S., visible battlefield use in Europe and the Middle East, and rapid advances in AI-enabled guidance are converting experimentation into serial buys. Based on a triangulation of recent award data and syndicated market estimates...
Future of Loitering Munitions: Technological Advancements and Market Dynamics (2024–2029)
The loitering munitions market is entering a transformative phase, driven by technological advancements and the evolving nature of modern warfare. Projected to grow from USD 529.9 million in 2024 to USD 815.3 million by 2029, at a CAGR of 9.0%, this market demonstrates its increasing relevance in addressing the tactical and operational needs of military forces worldwide. In terms of volume, the...
The Future of Loitering Munitions: Key Drivers, Regional Growth, and Technological Advancements
The loitering munitions market is evolving rapidly, driven by technological innovations, growing defense budgets, and shifting global security dynamics. These versatile and cost-effective weapons, combining the capabilities of missiles and drones, are transforming modern warfare, offering unparalleled precision and operational flexibility. By 2029, the market is projected to reach USD 815.3 million,...