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Loitering Munition - Company Evaluation Report, 2024

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    Report

  • 109 Pages
  • July 2025
  • Region: Global
  • Markets and Markets
  • ID: 6108874
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. The publisher's 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

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 Analyst's 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 Analyst's 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 Analyst's 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 Analyst's 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 Analyst's 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.S.
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
List of Tables
Table 1 Inclusions and Exclusions
Table 2 Innovations in Loitering Munition
Table 3 Defense Modernization Initiatives
Table 4 Role of Companies in Ecosystem
Table 5 Patent Analysis
Table 6 Key Player Strategies/Right to Win, 2020-2024
Table 7 Loitering Munition Market: Degree of Competition
Table 8 End-user Footprint
Table 9 Type Footprint
Table 10 Region Footprint
Table 11 List of Start-Ups/Smes
Table 12 Competitive Benchmarking of Start-Ups/Smes
Table 13 Loitering Munition Market: Deals, 2020-2024
Table 14 Loitering Munition Market: Others, 2020-2024
Table 15 Aerovironment, Inc.: Company Overview
Table 16 Aerovironment, Inc.: Products Offered
Table 17 Aerovironment, Inc.: Others
Table 18 Elbit Systems Ltd.: Company Overview
Table 19 Elbit Systems Ltd.: Products Offered
Table 20 Elbit Systems Ltd.: Others
Table 21 Rheinmetall Ag: Company Overview
Table 22 Rheinmetall Ag: Products Offered
Table 23 Rheinmetall Ag: Others
Table 24 Israel Aerospace Industries: Company Overview
Table 25 Israel Aerospace Industries: Products Offered
Table 26 Israel Aerospace Industries: Others
Table 27 Uvision: Company Overview
Table 28 Uvision: Products Offered
Table 29 Uvision: Deals
Table 30 Uvision: Others
Table 31 Thales: Company Overview
Table 32 Thales: Products Offered
Table 33 Northrop Grumman: Company Overview
Table 34 Northrop Grumman: Products Offered
Table 35 Wb Group: Company Overview
Table 36 Wb Group: Products Offered
Table 37 Wb Group: Others
Table 38 Edge Pjsc Group: Company Overview
Table 39 Edge Pjsc Group: Products Offered
Table 40 Edge Pjsc Group: Others
Table 41 Anduril Industries: Company Overview
Table 42 Anduril Industries: Products Offered
Table 43 Anduril Industries: Others
Table 44 Rtx: Company Overview
Table 45 Rtx: Products Offered
Table 46 Rtx: Others
Table 47 Aevex Aerospace: Company Overview
Table 48 Aevex Aerospace: Products Offered
Table 49 Stm Savunma Teknolojileri Mühendislik Ve Ticaret A.S.: Company Overview
Table 50 Stm Savunma Teknolojileri Mühendislik Ve Ticaret A.S.: Products Offered
Table 51 Stm Savunma Teknolojileri Mühendislik Ve Ticaret A.S.: Deals
Table 52 Stm Savunma Teknolojileri Mühendislik Ve Ticaret A.S.: Others
Table 53 Knds: Company Overview
Table 54 Knds: Products Offered
Table 55 Knds: Others
Table 56 Paramount Group: Company Overview
Table 57 Paramount Group: Products Offered
Table 58 Paramount Group: Deals
Table 59 Mbda: Company Overview
Table 60 Mbda: Products Offered
Table 61 Mbda: Deals
Table 62 Mbda: Others
Table 63 Teledyne Flir LLC: Company Overview
Table 64 Teledyne Flir LLC: Products Offered
Table 65 Teledyne Flir LLC: Others
Table 66 Solar Group: Company Overview
Table 67 Solar Group: Products Offered
Table 68 Solar Group: Others
Table 69 Arquimea: Company Overview
Table 70 Roketsan: Company Overview
Table 71 Tata Advanced Systems Limited: Company Overview
Table 72 Spear: Company Overview
Table 73 Transvaro Elektron Aletleri: Company Overview
Table 74 Baykar Technologies: Company Overview
Table 75 Overwatch Group: Company Overview
Table 76 Kadet Defence Systems: Company Overview
Table 77 Defendtex: Company Overview
Table 78 Johnnette Technologies: Company Overview
List of Figures
Figure 1 Expendable to be Leading Segment by Type During Forecast Period
Figure 2 Army to be Leading Segment by End-user During Forecast Period
Figure 3 Canister Launched to be Leading Segment by Launch Mode During Forecast Period
Figure 4 Short Range to be Leading Segment by Range During Forecast Period
Figure 5 North America to be Leading Market for Loitering Munitions During Forecast Period
Figure 6 Loitering Munition Market Dynamics
Figure 7 Yearly Loitering Munition Expenditure
Figure 8 Ecosystem Analysis
Figure 9 Trends and Disruptions Impacting Customer Business
Figure 10 Value Chain Analysis
Figure 11 Supply Chain Analysis
Figure 12 Patents Analysis
Figure 13 Revenue Analysis of Top Five Players, 2020-2023
Figure 14 Market Share Analysis of Key Players, 2023
Figure 15 Company Evaluation Matrix (Key Players), 2023
Figure 16 Company Footprint
Figure 17 Company Evaluation Matrix: Start-Ups/Smes, 2023
Figure 18 Company Valuation of Prominent Market Players
Figure 19 Financial Metrics of Prominent Market Players
Figure 20 Brand/Product Comparison
Figure 21 Aerovironment, Inc.: Company Snapshot
Figure 22 Elbit Systems Ltd.: Company Snapshot
Figure 23 Rheinmetall Ag: Company Snapshot
Figure 24 Israel Aerospace Industries: Company Snapshot
Figure 25 Thales: Company Snapshot
Figure 26 Northrop Grumman: Company Snapshot
Figure 27 Solar Group: Company Snapshot
Figure 28 Research Design

Companies Mentioned

  • 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.S.
  • Knds
  • Paramount Group
  • Mbda
  • Teledyne Flir LLC
  • Solar Group
  • Arquimea
  • Roketsan
  • Tata Advanced Systems Limited
  • Spear
  • Transvaro Elektron Aletleri
  • Baykar Technologies
  • Overwatch Group
  • Kadet Defence Systems
  • Defendtex
  • Johnnette Technologies