Loitering Munition Market in China: CASC, NORINCO and the CH and WS Series
The global loitering munition market was valued at USD 4.7 billion in 2025 and is estimated at USD 4.9 billion in 2026. Grand View Research projects it will fall to USD 2.3 billion by 2033, a CAGR of -10.6% from 2026 to 2033. Asia Pacific holds the largest share at 73.5%, expendable systems lead by operational type at 80.7%, and the army dominates end use at 72.4%. Market snapshot (2025 base...
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