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Europe Unmanned Loitering Munition Market

Analysis and Forecast, 2023-2033

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Companies developing unmanned loitering munition systems should buy this report. Additionally, end users such as defense organizations should also buy this report to get insights about the Europe unmanned loitering munition demand and how they could benefit from it.

The global unmanned loitering munition market is projected to reach $1.83 billion by 2033 from $1.18 billion in 2023, growing at a CAGR of 4.45% during the forecast period 2023-2033.

An unmanned loitering munition is a hybrid combat drone with munition and UAV functionalities. It loiters in an area, conducts surveillance, and can attack targets. It comprises components like a warhead, EO/IR payload, avionics system, propulsion system, batteries, microelectronics, and more.

Loitering munitions are used for various military purposes. They provide surveillance and reconnaissance, tracking and engaging moving targets, and striking stationary or high-value targets with precision. They are valuable in both offensive and defensive operations, offering real-time intelligence, surveillance, and the ability to strike time-sensitive targets.

Loitering munitions typically consist of key components like a propulsion system (engine), airframe, avionics (navigation and control systems), communication systems, sensors (such as EO/IR cameras), warhead or explosive payload, and a guidance system. These components enable the munition to loiter, track targets, and engage them with precision.

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