Collaborations Between Defense Contractors and UAV Developers Reshape Competitive Dynamics in Loitering Munition Market
The global loitering munition market, valued at USD 517.13 million in 2024, is projected to grow from USD 562.37 million in 2025 to USD 1,221.41 million by 2034, exhibiting a CAGR of 9% during 2025–2034. This growth trajectory underscores the increasing strategic importance of loitering munitions in modern warfare. North America and Asia Pacific are at the forefront of this expansion,...
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