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Torpedo Global Market Report 2025
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Global Torpedo Market Report 2025

Report Price : $4490.00

Pages :

Format : PDF

Published : December 2025

Delivery Time : 2-3 Business Days

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Torpedo Global Market Report 2025

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 ) – Impact of Tariff and Trade War on Market Size, Growth, Trends, and Forecast 2025–2034

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 $1.2 billion in 2024

• Expected to grow to $1.66 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%

• Growth Driver: Rising Maritime Security Threats Fueling Growth In The Torpedo Market

• Market Trend: Product Innovations Drive The Torpedo Market

• North America was the largest region in 2024 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.

Torpedo Market Size and growth rate 2025 to 2029: Graph

What Is The Torpedo Market Size 2025 And Growth Rate?

The torpedo market size has grown strongly in recent years. It will grow from$1.2 billion in 2024 to $1.28 billion in 2025 at a compound annual growth rate (CAGR) of 6.3%. The growth in the historic period can be attributed to increased crop yield, pest and disease resistance, herbicide tolerance, improved nutritional content, reduced environmental impact, economic benefits for farmers

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 $1.66 billion in 2029 at a compound annual growth rate (CAGR) of 6.8%. The growth in the forecast period can be attributed to emergence of new traits, precision agriculture integration, focus on climate-resilient crops, consumer demand for healthier products, biotic stress resistance, regulatory support and frameworks. Major trends in the forecast period include biotech crop adoption, stacked trait products, genome editing technologies, seed industry consolidation, innovation in specialty crops.

The forecast of 6.8% growth over the next five years indicates a slight reduction of 0.1% from the previous projection for this market.This marginal decrease is influenced by ongoing tariff-related uncertainties between the U.S. and its trade partners.This is likely to directly affect the US through supply chain disruptions for Otto fuel II components, sourced from key regions such as Sweden, Germany, and Canada, which could constrain torpedo production.The effect will also be felt more widely due to reciprocal tariffs and the negative effect on the global economy and trade due to increased trade tensions and restrictions.

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What’s The Trade War Impact On Aerospace and Defense Industry?

The sharp hike in U.S. tariffs and the associated trade disputes in spring 2025 are notably impacting the aerospace and defense sector by raising costs for titanium, carbon fiber composites, and avionics materials largely sourced from global suppliers. Defense contractors, locked into fixed-price government contracts, absorb these added costs, while commercial aerospace firms face airline pushback on higher aircraft prices. Delays in component shipments due to customs bottlenecks further disrupt tight production schedules for jets and satellites. The industry is responding by stockpiling critical materials, seeking waivers for defense-related imports, and collaborating with allied nations to diversify supply chain.

How Is The Torpedo Market Segmented?

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 Driving The Torpedo Market? Rising Maritime Security Threats Fueling Growth In The Torpedo Market

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 January 2023, according to the ICC International Maritime Bureau, a UK-based government agency, an estimated number of maritime security threats in the Singapore Straits have been on the rise, with incidents increasing year on year, reaching 38 in 2022, up from 35 in 2021. Therefore, increasing maritime security threats are driving the growth of the torpedo industry.

What Is Driving The Torpedo Market? Rising Military Expenditure Accelerates Demand For Advanced Torpedoes

The growing military expenditure is expected to boost the growth of the torpedo market going forward. Military expenditure refers to the financial resources a state dedicates to maintaining its armed forces and other essential defense functions. Military expenditure plays a significant role in torpedoes by leading to the development of more advanced torpedoes, replacing aging stock, and maintaining a larger inventory of modern torpedoes. For instance, in April 2023, according to a report published by the Stockholm International Peace Research Institute, a Sweden-based international institute, global military spending increased by 3.7 percent to reach $2,240 billion. Further, the United States accounted for 39% of the world's military spending in 2022, and China accounted for 13% in 2022. Therefore, the growing military expenditure is driving the growth of the torpedo industry.

Who Are The Major Players In The Global Torpedo Market?

Major companies operating 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 Are The Key Trends Of The Global Torpedo Market? Product Innovations Drive The Torpedo Market

Product innovations is a key trend gaining popularity in the torpedo market. Major companies operating in the torpedo market are focusing on the advancement of guidance systems to strengthen their position in the market. For instance, in June 2022, Raytheon Integrated Defense Systems, a US-based defense company collaborated with the US Navy, a US-based maritime service branch, and introduced the advanced lightweight torpedo MK 54 for deep and shallow waters, as well as in acoustic environments. The MK 54 lightweight torpedo combines hardware and software characteristics from the Mk 46, Mk 50, and Mk 48 torpedoes with commercial off-the-shelf technology to improve its ability to counter shallow-water countermeasures. MK 54 torpedoes include processing algorithms that assist them in recognizing bogus targets or countermeasures and then hunting the recognized threats. The torpedo is 2.71m in length, 32.3cm in diameter, and weighs 275.7kg. The weapon's warhead is extremely explosive and weighs 43.9kg.

What Are The Key Trends Of The Global Torpedo Market? Technological Advancements In Torpedo Defense

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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Torpedo Market Merger And Acquisition: Raytheon Technologies And Aerojet Rocketdyne Collaborate On Next-Generation Torpedo System For The U.S. Navy

In October 2022, Raytheon Technologies Corporation, a US-based defense company that designs and manufactures advanced systems partnered with Aerojet Rocketdyne. Through this partnership, both companies aim to develop the US Navy’s latest torpedo system with next-generation compact rapid attack weapon (CRAW)'s after body, stored chemical energy propulsion system (SCEPS), and tail, which can be adjusted into offensive and defensive versions to meet target size, speed, and crew capacity. Aerojet Rocketdyne is a US-based aerospace company.

Regional Analysis For The Global Torpedo Market

North America was the largest region in the torpedo market in 2024. 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, 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, 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 is the Market Assessment and Strategic Outlook for the Torpedo Industry?

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.

Torpedo Market Report Forecast Analysis

Report AttributeDetails
Market Size Value In 2025 $1.28 billion
Revenue Forecast In 2034 $1.66 billion
Growth Rate CAGR of 6.8% from 2025 to 2034
Base Year For Estimation 2024
Actual Estimates/Historical Data 2019-2024
Forecast Period 2025 - 2029 - 2034
Market Representation Revenue in USD Billion and CAGR from 2025 to 2034
Segments Covered 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
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, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain. Additional countries that can be covered in the report are Bangladesh, Thailand, Vietnam, Malaysia, Singapore, Philippines, Hong Kong, New Zealand, Mexico, Chile, Argentina, Colombia, Peru, Austria, Belgium, Denmark, Finland, Ireland, Netherlands, Norway, Portugal, Sweden, Switzerland, Czech Republic, Poland, Romania, Ukraine, Saudi Arabia, Israel, Iran, Turkey, UAE, Egypt, Nigeria, South Africa.
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.
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Table Of Contents

1. Executive Summary

2. Torpedo Market Characteristics

3. Torpedo Market Trends And Strategies

4. Torpedo Market - Macro Economic Scenario Including The Impact Of Interest Rates, Inflation, Geopolitics, Trade Wars and Tariffs, And Covid And Recovery On The Market

4.1. Supply Chain Impact from Tariff War & Trade Protectionism

5. Global Torpedo Growth Analysis And Strategic Analysis Framework

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

5.2. Analysis Of End Use Industries

5.3. Global Torpedo Market Growth Rate Analysis

5.4. Global Torpedo Historic Market Size and Growth, 2019 - 2024, Value ($ Billion)

5.5. Global Torpedo Forecast Market Size and Growth, 2024 - 2029, 2034F, Value ($ Billion)

5.6. Global Torpedo Total Addressable Market (TAM)

6. Torpedo Market Segmentation

6.1. Global Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Acoustic Homing Torpedo

Wake Homing Torpedo

6.2. Global Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Heavyweight

Lightweight

6.3. Global Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Thermal Powered

Electric Powered

6.4. Global Torpedo Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Air-launched

Surfaced-launched

Underwater-launched

6.5. Global Torpedo Market, Sub-Segmentation Of Acoustic Homing Torpedo, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Active Acoustic Homing Torpedo

Passive Acoustic Homing Torpedo

6.6. Global Torpedo Market, Sub-Segmentation Of Wake Homing Torpedo, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

Conventional Wake Homing Torpedo

Advanced Wake Homing Torpedo

7. Torpedo Market Regional And Country Analysis

7.1. Global Torpedo Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

7.2. Global Torpedo Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8. Asia-Pacific Torpedo Market

8.1. 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

8.2. Asia-Pacific Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.3. Asia-Pacific Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

8.4. Asia-Pacific Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

9. China Torpedo Market

9.1. China Torpedo Market Overview

9.2. China Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.3. China Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

9.4. China Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F,$ Billion

10. India Torpedo Market

10.1. India Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.2. India Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

10.3. India Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11. Japan Torpedo Market

11.1. Japan Torpedo Market Overview

11.2. Japan Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.3. Japan Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

11.4. Japan Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12. Australia Torpedo Market

12.1. Australia Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.2. Australia Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

12.3. Australia Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13. Indonesia Torpedo Market

13.1. Indonesia Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.2. Indonesia Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

13.3. Indonesia Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14. South Korea Torpedo Market

14.1. South Korea Torpedo Market Overview

14.2. South Korea Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.3. South Korea Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

14.4. South Korea Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15. Western Europe Torpedo Market

15.1. Western Europe Torpedo Market Overview

15.2. Western Europe Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.3. Western Europe Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

15.4. Western Europe Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16. UK Torpedo Market

16.1. UK Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.2. UK Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

16.3. UK Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17. Germany Torpedo Market

17.1. Germany Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.2. Germany Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

17.3. Germany Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18. France Torpedo Market

18.1. France Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.2. France Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

18.3. France Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19. Italy Torpedo Market

19.1. Italy Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.2. Italy Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

19.3. Italy Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20. Spain Torpedo Market

20.1. Spain Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.2. Spain Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

20.3. Spain Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21. Eastern Europe Torpedo Market

21.1. Eastern Europe Torpedo Market Overview

21.2. Eastern Europe Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.3. Eastern Europe Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

21.4. Eastern Europe Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22. Russia Torpedo Market

22.1. Russia Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.2. Russia Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

22.3. Russia Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23. North America Torpedo Market

23.1. North America Torpedo Market Overview

23.2. North America Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.3. North America Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

23.4. North America Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24. USA Torpedo Market

24.1. USA Torpedo Market Overview

24.2. USA Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.3. USA Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

24.4. USA Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25. Canada Torpedo Market

25.1. Canada Torpedo Market Overview

25.2. Canada Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.3. Canada Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

25.4. Canada Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26. South America Torpedo Market

26.1. South America Torpedo Market Overview

26.2. South America Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.3. South America Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

26.4. South America Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27. Brazil Torpedo Market

27.1. Brazil Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.2. Brazil Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

27.3. Brazil Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28. Middle East Torpedo Market

28.1. Middle East Torpedo Market Overview

28.2. Middle East Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.3. Middle East Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

28.4. Middle East Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29. Africa Torpedo Market

29.1. Africa Torpedo Market Overview

29.2. Africa Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.3. Africa Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

29.4. Africa Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion

30. Torpedo Market Competitive Landscape And Company Profiles

30.1. Torpedo Market Competitive Landscape

30.2. Torpedo Market Company Profiles

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

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

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

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

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

31. Torpedo Market Other Major And Innovative Companies

31.1. Naval Group

31.2. Northrop Grumman Corporation

31.3. Raytheon Technologies Corporation

31.4. Saab AB

31.5. Aselsan A.S

31.6. Mitsubishi Heavy Industries Ltd.

31.7. Rubin Central Design Bureau

31.8. Orbital ATK Inc.

31.9. JSC Tactical Missiles Corporation

31.10. Sechan Electronics Inc.

31.11. China Shipbuilding Industry Corporation

31.12. thyssenkrupp AG

31.13. Norinco Group

31.14. DCNS

31.15. Honeywell International Inc.

32. Global Torpedo Market Competitive Benchmarking And Dashboard

33. Key Mergers And Acquisitions In The Torpedo Market

34. Recent Developments In The Torpedo Market

35. Torpedo Market High Potential Countries, Segments and Strategies

35.1 Torpedo Market In 2029 - Countries Offering Most New Opportunities

35.2 Torpedo Market In 2029 - Segments Offering Most New Opportunities

35.3 Torpedo Market In 2029 - Growth Strategies

35.3.1 Market Trend Based Strategies

35.3.2 Competitor Strategies

36. Appendix

36.1. Abbreviations

36.2. Currencies

36.3. Historic And Forecast Inflation Rates

36.4. Research Inquiries

36.5. The Business Research Company

36.6. Copyright And Disclaimer

List Of Tables

    Table 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Table 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Table 3: Global Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 4: Global Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 5: Global Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 6: Global Torpedo Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 7: Global Torpedo Market, Sub-Segmentation Of Acoustic Homing Torpedo, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 8: Global Torpedo Market, Sub-Segmentation Of Wake Homing Torpedo, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 9: Global Torpedo Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 10: Global Torpedo Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 11: Asia-Pacific, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 12: Asia-Pacific, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 13: Asia-Pacific, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 14: China, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 15: China, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 16: China, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 17: India, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 18: India, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 19: India, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 20: Japan, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 21: Japan, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 22: Japan, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 23: Australia, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 24: Australia, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 25: Australia, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 26: Indonesia, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 27: Indonesia, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 28: Indonesia, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 29: South Korea, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 30: South Korea, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 31: South Korea, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 32: Western Europe, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 33: Western Europe, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 34: Western Europe, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 35: UK, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 36: UK, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 37: UK, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 38: Germany, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 39: Germany, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 40: Germany, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 41: France, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 42: France, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 43: France, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 44: Italy, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 45: Italy, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 46: Italy, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 47: Spain, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 48: Spain, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 49: Spain, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 50: Eastern Europe, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 51: Eastern Europe, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 52: Eastern Europe, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 53: Russia, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 54: Russia, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 55: Russia, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 56: North America, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 57: North America, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 58: North America, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 59: USA, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 60: USA, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 61: USA, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 62: Canada, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 63: Canada, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 64: Canada, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 65: South America, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 66: South America, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 67: South America, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 68: Brazil, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 69: Brazil, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 70: Brazil, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 71: Middle East, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 72: Middle East, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 73: Middle East, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 74: Africa, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 75: Africa, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 76: Africa, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Table 77: Atlas Electronic GmbH Financial Performance
  • Table 78: BAE Systems plc Financial Performance
  • Table 79: Bharat Dynamics Limited Financial Performance
  • Table 80: Leonardo S.p.A. Financial Performance
  • Table 81: Lockheed Martin Corporation Financial Performance

List Of Figures

    Figure 1: Global Historic Market Growth, 2019-2024, $ Billion
  • Figure 2: Global Forecast Market Growth, 2024-2029F, 2034F, $ Billion
  • Figure 3: Global Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 4: Global Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 5: Global Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 6: Global Torpedo Market, Segmentation By Application, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 7: Global Torpedo Market, Sub-Segmentation Of Acoustic Homing Torpedo, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 8: Global Torpedo Market, Sub-Segmentation Of Wake Homing Torpedo, By Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 9: Global Torpedo Market, Split By Region, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 10: Global Torpedo Market, Split By Country, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 11: Asia-Pacific, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 12: Asia-Pacific, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 13: Asia-Pacific, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 14: China, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 15: China, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 16: China, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 17: India, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 18: India, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 19: India, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 20: Japan, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 21: Japan, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 22: Japan, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 23: Australia, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 24: Australia, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 25: Australia, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 26: Indonesia, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 27: Indonesia, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 28: Indonesia, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 29: South Korea, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 30: South Korea, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 31: South Korea, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 32: Western Europe, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 33: Western Europe, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 34: Western Europe, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 35: UK, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 36: UK, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 37: UK, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 38: Germany, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 39: Germany, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 40: Germany, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 41: France, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 42: France, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 43: France, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 44: Italy, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 45: Italy, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 46: Italy, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 47: Spain, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 48: Spain, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 49: Spain, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 50: Eastern Europe, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 51: Eastern Europe, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 52: Eastern Europe, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 53: Russia, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 54: Russia, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 55: Russia, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 56: North America, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 57: North America, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 58: North America, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 59: USA, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 60: USA, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 61: USA, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 62: Canada, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 63: Canada, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 64: Canada, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 65: South America, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 66: South America, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 67: South America, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 68: Brazil, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 69: Brazil, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 70: Brazil, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 71: Middle East, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 72: Middle East, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 73: Middle East, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 74: Africa, Torpedo Market, Segmentation By Product Type, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 75: Africa, Torpedo Market, Segmentation By Weight, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 76: Africa, Torpedo Market, Segmentation By Propulsion, Historic and Forecast, 2019-2024, 2024-2029F, 2034F, $ Billion
  • Figure 77: Atlas Electronic GmbH Financial Performance
  • Figure 78: BAE Systems plc Financial Performance
  • Figure 79: Bharat Dynamics Limited Financial Performance
  • Figure 80: Leonardo S.p.A. Financial Performance
  • Figure 81: Lockheed Martin Corporation Financial Performance

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Frequently Asked Questions

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. For further insights on this market, request a sample here

The market major growth driver - Rising Maritime Security Threats Fueling Growth In The Torpedo Market. For further insights on this market, request a sample here

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. Rising Maritime Security Threats Fueling Growth In The Torpedo Market For further insights on this market, request a sample here

The torpedo market covered in this report is segmented –
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 For further insights on this market, request a sample here

North America was the largest region in the torpedo market in 2024. 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, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. For further insights on this market, request a sample here.

Major companies operating 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. . For further insights on this market, request a sample here.

Major trends in this market include Product Innovations Drive The Torpedo Market. For further insights on this market, request a sample here.

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Global Torpedo Market Report 2025

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