LOITERING MISSILE MARKET

INTRODUCTION

A suicide drone is another name for a Loitering missile or kamikaze drone is a subcategory of aerial weapon systems where the munition can loiter (wait passively) around the target region for a while before attacking once the target is found.

Loitering munitions provide for more precise targeting because they can be altered mid-attack or abandoned, which allows for quicker reaction times against concealed or hidden targets that only appear for brief durations.

With similarities to both cruise missiles and unmanned combat aerial vehicles (UCAVs), Loitering missiles fill the space between both.

They differ from cruise missiles in that they are made to loiter around the target region for a considerable amount of time.

Loitering missile were developed  for the Suppression of Enemy Air Defenses (SEAD) function against surface-to-air missiles (SAMs), and they were used in that role by a number of military forces .

Beginning in the, Loitering missile were created for new purposes, from tactical, back-pack-sized battlefield systems to comparatively long-range strikes and fire support.

LOITERING MISSILE MARKET SIZE AND FORECAST

The Global Loitering missile market accounted for $XX Billion in 2023 and is anticipated to reach $XX Billion by 2030, registering a CAGR of XX% from 2024 to 2030.

LOITERING MISSILE MARKET RECENT DEVELOPMENT

Artificial intelligence (AI) integration in the military results in innovative and clever solutions that rethink how the combat force is presented on a battlefield. Weapon systems are becoming smaller, more adaptable, precise, intelligent, and robust on a constant basis.

Kamikaze drones, sometimes known as Loitering missiles, are the most recent example of this. These weapons sit in the middle between drones and missiles, and because of their capacity to loiter, they may identify and follow possible targets for a long time before engaging in combat.

The fact that Loitering missiles are used in combat, despite the risks they pose, shows that for military planners, the effectiveness of these munitions outweighs the dangers.

Loitering missiles are drones with a built-in warhead that are intended to engage targets outside of the user's line of sight (BVLOS). Loitering missiles are fully autonomous weapon systems that can locate, choose, and engage targets on their own without human assistance, according to Paul Scherer's definition in his book Army on None.

Lingering weapons are typically suicide drones with a high level of autonomy and an explosive payload. Loitering munitions, as opposed to conventional combat drones, are actual weapons.

In theory, loitering munitions function like cruise missiles but have the ability to hover in midair for long periods of time like drones. However, compared to drones, these technologies require significantly less human input during launch and engagement.

LOITERING MISSILE MARKET COMPANY PROFILE

• Raytheon
• MBDA
• Israel Aerospace Industries
• Elbit Systems Ltd.
• Saab AB
• General Dynamics Corporation

THIS LOITERING MISSILE MARKET REPORT WILL ANSWER FOLLOWING QUESTIONS

1. How many Loitering missiles are manufactured per annum globally? Who are the sub-component suppliers in different regions?
2. Cost breakup of a Global Loitering missile and key vendor selection criteria
3. Where is the Loitering missile manufactured? What is the average margin per unit?
4. Market share of Global Loitering missile market manufacturers and their upcoming products
5. Cost advantage for OEMs who manufacture Global Loitering missile in-house
6. key predictions for next 5 years in Global Loitering missile market
7. Average B-2-B Loitering missile market price in all segments
8. Latest trends in Loitering missile market, by every market segment
9. The market size (both volume and value) of the Loitering missile market in 2024-2030 and every year in between?
10. Production breakup of Loitering missile market, by suppliers and their OEM relationship