Introduction The loitering munition market represents one of the fastest-growing segments in modern defense technology. Loitering munitions, also known as “suicide drones” or “kamikaze drones,” are weapon systems that combine the features of drones and precision-guided missiles. They are designed to hover or “loiter” over a target area before...

The global Loitering Munition Market size reached an estimated value of US$529.90 million in 2024 and is expected to surpass US$1,056.63 million by 2032, registering a compound annual growth rate (CAGR) of around 9.01% during the 2025-2032 period, according to DataM Intelligence. Loitering munitions, sometimes called “suicide drones” or “kamikaze drones,” are a class of...

Executive Summary Loitering Munition Market Value, Size, Share and Projections CAGR Value The global loitering munition market size was valued at USD 1.20 billion in 2024 and is projected to reach USD 2.42 billion by 2032, with a CAGR of 9.20% during the forecast period of 2025 to 2032. The large scale Loitering Munition Market report has estimations of CAGR values which are very...