Strategic Intelligence - Loitering Munitions
Summary
"Loitering Munitions (2026)" is part of the analyst's Strategic Intelligence series of reports on unmanned technologies and their impacts across different industries. Loitering munitions are essential in the defense industry, as a the militaries across the world are coming to learn their value. To overcome an era of heightened geopolitical risk, companies, nations, and militaries are increasingly adopting a focud on unmanned technologies.This report explores emergent trends within the loitering munitions market, examining use cases and the implementation of emerging technologies such as AI, and what challenges must be considered in pursuing effective strategies for brand building in this market.
While the 2020 Nagorno-Karabakh war brought a high public profile to loitering munitions (LMs) in the defense community, their rapid proliferation following the Russian invasion of Ukraine and their sustained use by both sides in the 2026 Iran war have further elevated awareness. LMs are now a frequent point of discussion in defense procurement and are considered a key capability for modern militaries.
Loitering munitions are a rapidly expanding segment within unmanned systems and munitions. While loitering munitions have been in use for several decades, their use has increased significantly in recent years, with the coming decade expected to see unprecedented growth that will nearly double the size of the market. In conflicts in Ukraine, the Persian Gulf and Sudan, as well as flashpoints including India-Pakistan and Taiwan, loitering munitions have made evident their value and effectiveness as assets in both offensive and defensive operations. In the near term, the loitering munitions market will benefit from increased modularity, increased use of artificial intelligence (AI), use of swarm technology, utilizing assets such as UAVs as relays, and increased sensor capabilities. The market will also benefit greatly from the increased proliferation of unmanned systems, as the mass use of such systems drives down the cost of mutual components, with the low cost of the systems being paramount to their application.
Key Highlights
- Studies of emerging technological trends and their broader impact on the defense market.
- Analysis of the various loitering munitions solutions, programs and projects currently under development
Scope
- The key defense challenges that forces and defense sector suppliers face are covered.
- The investment opportunities for armed forces, suppliers, and institutional investors, across the whole loitering munitions value chain are covered.
- Highlights from a range different countries and their suppliers
Reasons to Buy
- Determine potential investment companies based on trend analysis and market projections.
- Gaining an understanding of the market challenges and opportunities surrounding the loitering munitions in defense theme.
- Understanding how spending on loitering munitions and related segments will fit into the overall market and which spending areas are being prioritized.
Table of Contents
- Executive Summary
- Thematic Overview
- Technology Briefing
- Value Chain
- End-state production
- Software
- Hardware
- Market Forecasts
- Use Cases
- Companies
- Public companies
- Private companies
- Sector Scorecards
- Aerospace, defense, and security sector scorecard
- Further Reading
- Our Thematic Research Methodology
- Report Authors
- About the Analyst
- Contact Us
- The loitering munition value chain
- End-State Production
- Software
- Airframes
- Hardware
- Semiconductors
- Type of warhead
- Warheads
- Public Companies
- Private Companies
- Glossary
- Anatomy of a conventional drone
- Anatomy of a quadcopter drone
- The key technology components
- The global military loitering munitions market value forecast ($m) 2026-3026
- Share of the global loitering munitions market value forecast (%), 2026-2036, by region
- Value of the loitering munitions market by top countries ($M), 2036-2036
- Scorecards
- Methodology
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- AeroVironment
- Aevex
- Anduril
- Baykar
- Cobra
- DefendTex
- Elbit Systems
- HESA
- IAI
- Intel
- Kalashnikov Aeronautics
- Kronshtadt
- Northrop Grumman
- NVIDIA
- Qualcomm
- Rheinmetall
- RTX
- SpektreWorks
- STM
- STMicroelectronics
- Uvision
- WB Electronics

