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Published : February 2026

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Torpedo Market Report 2026

Name: Torpedo Market Report 2026
Brand: The Business Research Company
Price: 4490.00 USD
Availability: InStock

Global Outlook – By Product Type (Acoustic Homing Torpedo, Wake Homing Torpedo), By Weight (Heavyweight, Lightweight), By Propulsion (Thermal Powered, Electric Powered), By Application (Air-launched, Surfaced-launched, Underwater-launched ) – Market Size, Trends, Strategies, and Forecast to 2035

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report’s Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Torpedo Market Overview

• Torpedo market size has reached to $1.28 billion in 2025

• Expected to grow to $1.77 billion in 2030 at a compound annual growth rate (CAGR) of 6.7%

• Growth Driver: Rising Maritime Security Threats Fueling Growth in the Torpedo Market

• Market Trend: Technological Advancements In Torpedo Defense

• North America was the largest region in 2025 and Asia-Pacific is the fastest growing region.

What Is Covered Under Torpedo Market?

Torpedoes are underwater self-propelled weapons that can be launched from a submarine, ship, or aircraft that are employed to sever the hulls of surface ships and submarines used in naval combat. It is outfitted with advanced technology that allows it to change depth and direction in reaction to external signals, as well as detonate its explosive warhead when it reaches or approaches its target.

The main types of torpedoes are acoustic-homing torpedoes and wake-homing torpedoes. An acoustic homing torpedo is a type of torpedo that homes in on the acoustic signature of a target and is equipped with a sonar system that is sensitive to the target's acoustic signature. It is used primarily in anti-submarine warfare, where they are employed to locate and destroy enemy submarines. Major bifurcation based on weight are heavyweight and lightweight that use different propulsion such as thermal powered and electric powered. They are used in various applications such as air-launched, surfaced-launched, and underwater-launched.

What Is The Torpedo Market Size and Share 2026?

The torpedo market size has grown strongly in recent years. It will grow from $1.28 billion in 2025 to $1.37 billion in 2026 at a compound annual growth rate (CAGR) of 6.9%. The growth in the historic period can be attributed to increasing naval modernization programs driving procurement of advanced torpedo systems, development of wire-guided and passive-acoustic torpedoes to enhance underwater targeting accuracy, rising submarine and anti-submarine warfare activities requiring reliable underwater weapons, improvements in propulsion and guidance technologies enabling deeper and longer-range torpedo operations, expansion of maintenance and upgrade services supporting legacy torpedo inventories.

What Is The Torpedo Market Growth Forecast?

The torpedo market size is expected to see strong growth in the next few years. It will grow to $1.77 billion in 2030 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to growing demand for smart torpedoes with autonomous navigation and target discrimination capabilities, increasing investment in lightweight torpedoes for air-launched and surface platforms, development of low-noise propulsion technologies to improve stealth performance, rising focus on multi-domain naval warfare driving integration of advanced sensors and communication modules, expansion of domestic torpedo manufacturing capabilities to enhance strategic self-reliance. Major trends in the forecast period include advanced underwater guidance systems, enhanced propulsion efficiency, miniaturization of lightweight torpedoes, improved warhead safety mechanisms, integration of multi-platform launch capabilities.

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Global Torpedo Market Segmentation

1) By Product Type: Acoustic Homing Torpedo, Wake Homing Torpedo

2) By Weight: Heavyweight, Lightweight

3) By Propulsion: Thermal Powered, Electric Powered

4) By Application: Air-launched, Surfaced-launched, Underwater-launched

Subsegments:

1) By Acoustic Homing Torpedo: Active Acoustic Homing Torpedo, Passive Acoustic Homing Torpedo

2) By Wake Homing Torpedo: Conventional Wake Homing Torpedo, Advanced Wake Homing Torpedo

What Is Driver Of The Torpedo Market?

The increasing maritime security threats are expected to propel the growth of the torpedo market going forward. Maritime security threats refer to the classified issues in the maritime domain that includes violence against passengers on board ships, as well as the placement of equipment on board a ship that has the potential to destroy or damage it which leads to national and human security. Torpedoes are commonly used to avert maritime security risks by detecting and neutralizing submarines and underwater mines, acting as a deterrence against attackers, and assisting with search and rescue efforts. For instance, in May 2025, according to the United Nations High Commissioner for Refugees, a Switzerland-based United Nations agency, UNHCR is gravely concerned about two recent boat tragedies off Myanmar’s coast, in which an estimated 427 Rohingya perished. The first boat, carrying 267 people from Cox’s Bazar and Rakhine State, sank on 9 May, leaving 66 survivors. The second, with 247 people, capsized on 10 May, leaving 21 survivors. Reports also indicate a third boat of 188 Rohingya was intercepted on 14 May. Nearly 1 in 5 attempting sea journeys in the region this year have been reported dead or missing, making these waters among the deadliest globally. Therefore, the increasing maritime security threats are driving the growth of the torpedo industry.

Key Players In The Global Torpedo Market

Major companies operating in the torpedo market are Atlas Electronic GmbH, BAE Systems plc, Bharat Dynamics Limited, Leonardo S.p.A., Lockheed Martin Corporation, Naval Group, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, Aselsan A.S, Mitsubishi Heavy Industries Ltd., Rubin Central Design Bureau, Orbital ATK Inc., JSC Tactical Missiles Corporation, Sechan Electronics Inc., China Shipbuilding Industry Corporation, thyssenkrupp AG, Norinco Group, DCNS, Honeywell International Inc., General Dynamics Corporation, Safran Electronics & Defense, Ultra Electronics, Kongsberg Gruppen ASA, Rafael Advanced Defense Systems Ltd., LIG Nex1 Co. Ltd., Rave Gears, ECA Group, Singapore Technologies Engineering Ltd.

Global Torpedo Market Trends and Insights

Major companies operating in the torpedo market are focused on developing technological innovations, such as multi-layered integrated torpedo defense system (TDS), to gain a competitive edge in the market. A multi-layered integrated torpedo defense system (TDS) is a complex and sophisticated system designed to protect surface ships from torpedo attacks. For instance, in June 2023, Rafael Advanced Defense Systems Ltd., an Israel-based provider of weapons and military technology, launched Torbuster SP. Torbuster SP is designed to provide surface ships with protection against all types of acoustic homing torpedoes. It uses a combination of soft-kill and hard-kill countermeasures to neutralize incoming threats. The third generation, or Scutter Mk 3, reactive vessel-launched torpedo decoy, which lingers at a pre-programmed depth and is active for up to 10 minutes, can also be deployed by the system in addition to the SP hard-kill solution. It transmits a customized or general response that mimics different ship parameters.

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What Are Latest Mergers And Acquisitions In The Torpedo Market? Fincantieri S.P.A Acquires Whitehead Alenia Sistemi Subacquei S.P.A (WASS) From Leonardo S.P.A

In January 2025, Fincantieri S.p.A, an Italy-based shipbuilding company, acquired Whitehead Alenia Sistemi Subacquei S.p.A (WASS) from Leonardo S.p.A for $428 million (€415 million). With this acquisition, Fincantieri S.p.A aims to strengthen its undersea capabilities by integrating advanced underwater acoustic technologies and weapons systems, consolidating its leadership in the underwater defense domain, and positioning itself to capitalize on the growing global undersea defense market, projected to see €94 billion in spending between 2024 and 2030. Whitehead Alenia Sistemi Subacquei S.p.A (WASS) is an Italy-based company that specializes in torpedo development, underwater sensors, and unmanned underwater systems.

Regional Insights

North America was the largest region in the torpedo market in 2025. Asia-Pacific is expected to be the fastest-growing region in the global torpedo market during the forecast period. The regions covered in this market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in this market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain

What Defines the Torpedo Market?

The torpedo market consists of sales of wire-guided torpedoes, straight-running torpedoes, forget torpedoes, and passive-acoustic torpedoes. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

How is Market Value Defined and Measured?

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

What Key Data and Analysis Are Included in the Torpedo Market Report 2026?

The torpedo market research report is one of a series of new reports from The Business Research Company that provides market statistics, including industry global market size, regional shares, competitors with the market share, detailed market segments, market trends and opportunities, and any further data you may need to thrive in the torpedo industry. The market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future state of the industry.

Author : Abdul Wasay

Torpedo Market Report Forecast Analysis

Report Attribute	Details
Market Size Value In 2026	$1.37 billion
Revenue Forecast In 2035	$1.77 billion
Growth Rate	CAGR of 6.9% from 2026 to 2035
Base Year For Estimation	2025
Actual Estimates/Historical Data	2020-2025
Forecast Period	2026 - 2030 - 2035
Market Representation	Revenue in USD Billion and CAGR from 2026 to 2035
Segments Covered	Product Type, Weight, Propulsion, Application
Regional Scope	Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Country Scope	The countries covered in the report are Australia, Brazil, China, France, Germany, India, ...
Key Companies Profiled	Atlas Electronic GmbH, BAE Systems plc, Bharat Dynamics Limited, Leonardo S.p.A., Lockheed Martin Corporation, Naval Group, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, Aselsan A.S, Mitsubishi Heavy Industries Ltd., Rubin Central Design Bureau, Orbital ATK Inc., JSC Tactical Missiles Corporation, Sechan Electronics Inc., China Shipbuilding Industry Corporation, thyssenkrupp AG, Norinco Group, DCNS, Honeywell International Inc., General Dynamics Corporation, Safran Electronics & Defense, Ultra Electronics, Kongsberg Gruppen ASA, Rafael Advanced Defense Systems Ltd., LIG Nex1 Co. Ltd., Rave Gears, ECA Group, Singapore Technologies Engineering Ltd.
Customization Scope	Request for Customization
Pricing And Purchase Options	Explore Purchase Options

1. Executive Summary

1.1. Key Market Insights (2020-2035)

1.2. Visual Dashboard: Market Size, Growth Rate, Hotspots

1.3. Major Factors Driving the Market

1.4. Top Three Trends Shaping the Market

2. Torpedo Market Characteristics

2.1. Market Definition & Scope

2.2. Market Segmentations

2.3. Overview of Key Products and Services

2.4. Global Torpedo Market Attractiveness Scoring And Analysis

2.4.1. Overview of Market Attractiveness Framework

2.4.2. Quantitative Scoring Methodology

2.4.3. Factor-Wise Evaluation

Growth Potential Analysis, Competitive Dynamics Assessment, Strategic Fit Assessment And Risk Profile Evaluation

2.4.4. Market Attractiveness Scoring and Interpretation

2.4.5. Strategic Implications and Recommendations

3. Torpedo Market Supply Chain Analysis

3.1. Overview of the Supply Chain and Ecosystem

3.2. List Of Key Raw Materials, Resources & Suppliers

3.3. List Of Major Distributors and Channel Partners

3.4. List Of Major End Users

4. Global Torpedo Market Trends And Strategies

4.1. Key Technologies & Future Trends

4.1.1 Artificial Intelligence & Autonomous Intelligence

4.1.2 Autonomous Systems, Robotics & Smart Mobility

4.1.3 Industry 4.0 & Intelligent Manufacturing

4.1.4 Internet Of Things (Iot), Smart Infrastructure & Connected Ecosystems

4.1.5 Digitalization, Cloud, Big Data & Cybersecurity

4.2. Major Trends

4.2.1 Advanced Underwater Guidance Systems

4.2.2 Enhanced Propulsion Efficiency

4.2.3 Miniaturization Of Lightweight Torpedoes

4.2.4 Improved Warhead Safety Mechanisms

4.2.5 Integration Of Multi-Platform Launch Capabilities

5. Torpedo Market Analysis Of End Use Industries

5.1 Naval Forces And Submarine Operators

5.2 Coastal Defense And Maritime Security Agencies

5.3 Naval Aviation And Anti-Submarine Warfare Squadrons

5.4 Defense Procurement And Acquisition Agencies

5.5 Defense Research And Development Laboratories

6. Torpedo Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, Supply Chain Impact from Tariff War & Trade Protectionism, And Covid And Recovery On The Market

7. Global Torpedo Strategic Analysis Framework, Current Market Size, Market Comparisons And Growth Rate Analysis

7.1. Global Torpedo PESTEL Analysis (Political, Social, Technological, Environmental and Legal Factors, Drivers and Restraints)

7.2. Global Torpedo Market Size, Comparisons And Growth Rate Analysis

7.3. Global Torpedo Historic Market Size and Growth, 2020 - 2025, Value ($ Billion)

7.4. Global Torpedo Forecast Market Size and Growth, 2025 - 2030, 2035F, Value ($ Billion)

8. Global Torpedo Total Addressable Market (TAM) Analysis for the Market

8.1. Definition and Scope of Total Addressable Market (TAM)

8.2. Methodology and Assumptions

8.3. Global Total Addressable Market (TAM) Estimation

8.4. TAM vs. Current Market Size Analysis

8.5. Strategic Insights and Growth Opportunities from TAM Analysis

9. Torpedo Market Segmentation

9.1. Global Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Acoustic Homing Torpedo, Wake Homing Torpedo

9.2. Global Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Heavyweight, Lightweight

9.3. Global Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Thermal Powered, Electric Powered

9.4. Global Torpedo Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Air-launched, Surfaced-launched, Underwater-launched

9.5. Global Torpedo Market, Sub-Segmentation Of Acoustic Homing Torpedo, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Active Acoustic Homing Torpedo, Passive Acoustic Homing Torpedo

9.6. Global Torpedo Market, Sub-Segmentation Of Wake Homing Torpedo, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Conventional Wake Homing Torpedo, Advanced Wake Homing Torpedo

10. Torpedo Market Regional And Country Analysis

10.1. Global Torpedo Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

10.2. Global Torpedo Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

11. Asia-Pacific Torpedo Market

11.1. Asia-Pacific Torpedo Market Overview

Region Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

11.2. Asia-Pacific Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

12. China Torpedo Market

12.1. China Torpedo Market Overview

Country Information, Market Information, Background Information, Government Initiatives, Regulations, Regulatory Bodies, Major Associations, Taxes Levied, Corporate Tax Structure, Investments, Major Companies

12.2. China Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

13. India Torpedo Market

13.1. India Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

14. Japan Torpedo Market

14.1. Japan Torpedo Market Overview

14.2. Japan Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

15. Australia Torpedo Market

15.1. Australia Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

16. Indonesia Torpedo Market

16.1. Indonesia Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

17. South Korea Torpedo Market

17.1. South Korea Torpedo Market Overview

17.2. South Korea Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

18. Taiwan Torpedo Market

18.1. Taiwan Torpedo Market Overview

18.2. Taiwan Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

19. South East Asia Torpedo Market

19.1. South East Asia Torpedo Market Overview

19.2. South East Asia Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

20. Western Europe Torpedo Market

20.1. Western Europe Torpedo Market Overview

20.2. Western Europe Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

21. UK Torpedo Market

21.1. UK Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

22. Germany Torpedo Market

22.1. Germany Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

23. France Torpedo Market

23.1. France Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

24. Italy Torpedo Market

24.1. Italy Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

25. Spain Torpedo Market

25.1. Spain Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

26. Eastern Europe Torpedo Market

26.1. Eastern Europe Torpedo Market Overview

26.2. Eastern Europe Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

27. Russia Torpedo Market

27.1. Russia Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

28. North America Torpedo Market

28.1. North America Torpedo Market Overview

28.2. North America Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

29. USA Torpedo Market

29.1. USA Torpedo Market Overview

29.2. USA Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

30. Canada Torpedo Market

30.1. Canada Torpedo Market Overview

30.2. Canada Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

31. South America Torpedo Market

31.1. South America Torpedo Market Overview

31.2. South America Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

32. Brazil Torpedo Market

32.1. Brazil Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

33. Middle East Torpedo Market

33.1. Middle East Torpedo Market Overview

33.2. Middle East Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

34. Africa Torpedo Market

34.1. Africa Torpedo Market Overview

34.2. Africa Torpedo Market, Segmentation By Product Type, Segmentation By Weight, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

35. Torpedo Market Regulatory and Investment Landscape

36. Torpedo Market Competitive Landscape And Company Profiles

36.1. Torpedo Market Competitive Landscape And Market Share 2024

36.1.1. Top 10 Companies (Ranked by revenue/share)

36.2. Torpedo Market - Company Scoring Matrix

36.2.1. Market Revenues

36.2.2. Product Innovation Score

36.2.3. Brand Recognition

36.3. Torpedo Market Company Profiles

36.3.1. Atlas Electronic GmbH Overview, Products and Services, Strategy and Financial Analysis

36.3.2. BAE Systems plc Overview, Products and Services, Strategy and Financial Analysis

36.3.3. Bharat Dynamics Limited Overview, Products and Services, Strategy and Financial Analysis

36.3.4. Leonardo S.p.A. Overview, Products and Services, Strategy and Financial Analysis

36.3.5. Lockheed Martin Corporation Overview, Products and Services, Strategy and Financial Analysis

37. Torpedo Market Other Major And Innovative Companies

Naval Group, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, Aselsan A.S, Mitsubishi Heavy Industries Ltd., Rubin Central Design Bureau, Orbital ATK Inc., JSC Tactical Missiles Corporation, Sechan Electronics Inc., China Shipbuilding Industry Corporation, thyssenkrupp AG, Norinco Group, DCNS, Honeywell International Inc.

38. Global Torpedo Market Competitive Benchmarking And Dashboard

39. Key Mergers And Acquisitions In The Torpedo Market

40. Torpedo Market High Potential Countries, Segments and Strategies

40.1 Torpedo Market In 2030 - Countries Offering Most New Opportunities

40.2 Torpedo Market In 2030 - Segments Offering Most New Opportunities

40.3 Torpedo Market In 2030 - Growth Strategies

40.3.1 Market Trend Based Strategies

40.3.2 Competitor Strategies

41. Appendix

41.1. Abbreviations

41.2. Currencies

41.3. Historic And Forecast Inflation Rates

41.4. Research Inquiries

41.5. The Business Research Company

41.6. Copyright And Disclaimer

List Of Tables

Table 1: Global Torpedo Market, Overview Of Key Products - Product Examples

Table 2: Global Torpedo Market Attractiveness, Factor-Wise Evaluation

Table 3: Global Torpedo Market, Supply Chain Analysis

Table 4: Global Torpedo Market, Major Raw Material Providers

Table 5: Global Torpedo Market, Major Resource Providers

Table 6: Global Torpedo Market, Major Manufacturers (Suppliers)

Table 7: Global Torpedo Market, Major Distributors And Channel Partners

Table 8: Global Torpedo Market, Key Technologies & Future Trends

Table 9: Global Torpedo Market, Major Trends

Table 10: Global Torpedo Market, Major End Users

Table 11: Global Torpedo Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis

Table 12: Global Torpedo Historic Market Growth, 2020-2025, $ Billion

Table 13: Global Torpedo Forecast Market Growth, 2025-2030F, 2035F, $ Billion

Table 14: Global Torpedo Market - TAM, US$ Billion, 2025

Table 15: Global Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 16: Global Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 17: Global Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 18: Global Torpedo Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 19: Global Torpedo Market, Sub-Segmentation Of Acoustic Homing Torpedo, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 20: Global Torpedo Market, Sub-Segmentation Of Wake Homing Torpedo, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 21: Global Torpedo Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 22: Global Torpedo Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 23: Asia-Pacific, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 24: Asia-Pacific, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 25: Asia-Pacific, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 26: China, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 27: China, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 28: China, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 29: India, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 30: India, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 31: India, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 32: Japan, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 33: Japan, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 34: Japan, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 35: Australia, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 36: Australia, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 37: Australia, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 38: Indonesia, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 39: Indonesia, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 40: Indonesia, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 41: South Korea, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 42: South Korea, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 43: South Korea, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 44: Taiwan, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 45: Taiwan, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 46: Taiwan, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 47: South East Asia, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 48: South East Asia, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 49: South East Asia, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 50: Western Europe, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 51: Western Europe, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 52: Western Europe, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 53: UK, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 54: UK, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 55: UK, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 56: Germany, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 57: Germany, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 58: Germany, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 59: France, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 60: France, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 61: France, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 62: Italy, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 63: Italy, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 64: Italy, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 65: Spain, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 66: Spain, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 67: Spain, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 68: Eastern Europe, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 69: Eastern Europe, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 70: Eastern Europe, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 71: Russia, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 72: Russia, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 73: Russia, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 74: North America, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 75: North America, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 76: North America, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 77: USA, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 78: USA, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 79: USA, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 80: Canada, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 81: Canada, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 82: Canada, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 83: South America, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 84: South America, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 85: South America, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 86: Brazil, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 87: Brazil, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 88: Brazil, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 89: Middle East, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 90: Middle East, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 91: Middle East, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 92: Africa, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 93: Africa, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 94: Africa, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Table 95: Global Torpedo Key Competitor Estimated Market Shares, 2024, Percentage (%)

Table 96: Global Torpedo Market - Company Scoring Matrix

Table 97: Atlas Electronic GmbH Financial Performance

Table 98: BAE Systems plc Financial Performance

Table 99: Bharat Dynamics Limited Financial Performance

Table 100: Leonardo S.p.A. Financial Performance

Table 101: Lockheed Martin Corporation Financial Performance

Table 102: Global Torpedo Market, Competitive Benchmarking (In USD Billions)

Table 103: Global Torpedo Market, Competitive Dashboard

Table 104: Global Torpedo Market Size Gain ($ Billion), 2025 – 2030 By Country

Table 105: Global, Torpedo Market Size Gain ($ Billion), Segmentation By Product Type, 2025 – 2030

Table 106: Global, Torpedo Market Size Gain ($ Billion), Segmentation By Weight, 2025 – 2030

Table 107: Global, Torpedo Market Size Gain ($ Billion), Segmentation By Propulsion, 2025 – 2030

List Of Figures

Figure 1: Global Torpedo Market, Overview Of Key Products - Product Examples

Figure 2: Global Torpedo Market Attractiveness, Factor-Wise Evaluation

Figure 3: Global Torpedo Market, Supply Chain Analysis

Figure 4: Global Torpedo Market, Major Raw Material Providers

Figure 5: Global Torpedo Market, Major Resource Providers

Figure 6: Global Torpedo Market, Major Manufacturers (Suppliers)

Figure 7: Global Torpedo Market, Major Distributors And Channel Partners

Figure 8: Global Torpedo Market, Key Technologies & Future Trends

Figure 9: Global Torpedo Market, Major Trends

Figure 10: Global Torpedo Market, Major End Users

Figure 11: Global Torpedo Market, PESTEL (Political, Economic, Social, Technology, Environmental and Legal) Analysis

Figure 12: Global Torpedo Historic Market Growth, 2020-2025, $ Billion

Figure 13: Global Torpedo Forecast Market Growth, 2025-2030F, 2035F, $ Billion

Figure 14: Global Torpedo Market - TAM, US$ Billion, 2025

Figure 15: Global Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 16: Global Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 17: Global Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 18: Global Torpedo Market, Segmentation By Application, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 19: Global Torpedo Market, Sub-Segmentation Of Acoustic Homing Torpedo, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 20: Global Torpedo Market, Sub-Segmentation Of Wake Homing Torpedo, By Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 21: Global Torpedo Market, Split By Region, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 22: Global Torpedo Market, Split By Country, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 23: Asia-Pacific, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 24: Asia-Pacific, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 25: Asia-Pacific, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 26: China, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 27: China, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 28: China, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 29: India, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 30: India, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 31: India, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 32: Japan, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 33: Japan, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 34: Japan, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 35: Australia, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 36: Australia, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 37: Australia, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 38: Indonesia, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 39: Indonesia, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 40: Indonesia, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 41: South Korea, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 42: South Korea, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 43: South Korea, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 44: Taiwan, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 45: Taiwan, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 46: Taiwan, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 47: South East Asia, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 48: South East Asia, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 49: South East Asia, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 50: Western Europe, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 51: Western Europe, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 52: Western Europe, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 53: UK, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 54: UK, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 55: UK, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 56: Germany, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 57: Germany, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 58: Germany, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 59: France, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 60: France, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 61: France, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 62: Italy, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 63: Italy, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 64: Italy, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 65: Spain, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 66: Spain, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 67: Spain, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 68: Eastern Europe, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 69: Eastern Europe, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 70: Eastern Europe, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 71: Russia, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 72: Russia, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 73: Russia, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 74: North America, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 75: North America, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 76: North America, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 77: USA, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 78: USA, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 79: USA, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 80: Canada, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 81: Canada, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 82: Canada, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 83: South America, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 84: South America, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 85: South America, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 86: Brazil, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 87: Brazil, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 88: Brazil, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 89: Middle East, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 90: Middle East, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 91: Middle East, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 92: Africa, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 93: Africa, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 94: Africa, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2020-2025, 2025-2030F, 2035F, $ Billion

Figure 95: Global Torpedo Key Competitor Estimated Market Shares, 2024, Percentage (%)

Figure 96: Global Torpedo Market - Company Scoring Matrix

Figure 97: Atlas Electronic GmbH Financial Performance

Figure 98: BAE Systems plc Financial Performance

Figure 99: Bharat Dynamics Limited Financial Performance

Figure 100: Leonardo S.p.A. Financial Performance

Figure 101: Lockheed Martin Corporation Financial Performance

Figure 102: Global Torpedo Market, Competitive Benchmarking (In USD Billions)

Figure 103: Global Torpedo Market, Competitive Dashboard

Figure 104: Global Torpedo Market Size Gain ($ Billion), 2025 – 2030 By Country

Figure 105: Global, Torpedo Market Size Gain ($ Billion), Segmentation By Product Type, 2025 – 2030

Figure 106: Global, Torpedo Market Size Gain ($ Billion), Segmentation By Weight, 2025 – 2030

Figure 107: Global, Torpedo Market Size Gain ($ Billion), Segmentation By Propulsion, 2025 – 2030

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Frequently Asked Questions

How big is the Torpedo Market?

The Torpedo market was valued at $1.28 billion in 2025, increased to $1.37 billion in 2026, and is projected to reach $1.77 billion by 2030.

What is the Torpedo market growth?

The global Torpedo market is expected to grow at a CAGR of 6.7% from 2026 to 2035 to reach $1.77 billion by 2035.

Who are the key players in Torpedo market?

Some Key Players in the Torpedo market Include, Atlas Electronic GmbH, BAE Systems plc, Bharat Dynamics Limited, Leonardo S.p.A., Lockheed Martin Corporation, Naval Group, Northrop Grumman Corporation, Raytheon Technologies Corporation, Saab AB, Aselsan A.S, Mitsubishi Heavy Industries Ltd., Rubin Central Design Bureau, Orbital ATK Inc., JSC Tactical Missiles Corporation, Sechan Electronics Inc., China Shipbuilding Industry Corporation, thyssenkrupp AG, Norinco Group, DCNS, Honeywell International Inc., General Dynamics Corporation, Safran Electronics & Defense, Ultra Electronics, Kongsberg Gruppen ASA, Rafael Advanced Defense Systems Ltd., LIG Nex1 Co. Ltd., Rave Gears, ECA Group, Singapore Technologies Engineering Ltd. .

What is the anticipated growth trend for the Torpedo market?

Major trend in this market includes: Technological Advancements In Torpedo Defense. For further insights on this market. request a sample here

Which region has the most growth potential in the Torpedo market?

North America was the largest region in the torpedo market in 2025. Asia-Pacific is expected to be the fastest-growing region in the global torpedo market during the forecast period. The regions covered in the torpedo market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.