The term "Loitering Munition Market" describes the market for unmanned aerial systems (UAS) that are made to hover or remain in the air over a target area for an extended period while waiting for a target to engage.
Loitering Munition Market Value and CAGR
The term "Loitering Munition Market" describes the market for unmanned aerial systems (UAS) that are made to hover or remain in the air over a target area for an extended period while waiting for a target to engage. The sensors and warheads frequently included with these munitions allow them to perform surveillance, gather information, and precisely hit their targets. Due to their unique qualities and benefits, loitering weapons are becoming increasingly popular. They can be used for multiple items, such as surveillance, target acquisition, and high-value target engagement, with minor collateral damage. In addition, military forces benefit tactically from these systems' smaller size and increased maneuverability compared to conventional drones.
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Loitering Munition Market Growth Drivers and Risks
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Loitering Munition Market Keyplayers
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Loitering Munition MarketSegmentations
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Oct 21, 2023