Torpedoes are sophisticated underwater self-propelled weapons designed for deployment from submarines, ships, or aircraft in naval warfare, targeting the hulls of surface ships and submarines. These weapons are equipped with advanced technology enabling them to alter depth and direction based on external signals and initiate the detonation of their explosive warhead upon reaching or approaching the intended target.
The primary classifications of torpedoes include acoustic-homing torpedoes and wake-homing torpedoes. Acoustic-homing torpedoes utilize a sonar system sensitive to the target's acoustic signature, allowing them to home in on the distinctive sounds emitted by the target. This type is prominently used in anti-submarine warfare to detect and eliminate enemy submarines. Torpedoes can be further categorized based on weight, distinguishing between heavyweight and lightweight variants that employ different propulsion mechanisms, such as thermal-powered and electric-powered systems. These torpedoes find applications in various launch methods, including air-launched, surfaced-launched, and underwater-launched scenarios.
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.
The sharp increase in U.S. tariffs and resulting trade disputes in spring 2025 are significantly affecting the aerospace and defense sector. Prices for key materials such as titanium, carbon fiber composites, and avionics primarily sourced from international suppliers have surged. Defense contractors, constrained by fixed-price government contracts, are forced to absorb these rising costs. Meanwhile, commercial aerospace companies are encountering resistance from airlines over increased aircraft prices. In addition, customs delays are disrupting already tight production timelines for jets and satellites. In response, the industry is stockpiling essential materials, pursuing import waivers for defense-related goods, and working with allied nations to diversify supply chains.
The torpedo market research report is one of a series of new reports from The Business Research Company that provides torpedo market statistics, including torpedo industry global market size, regional shares, competitors with a torpedo market share, detailed torpedo market segments, market trends and opportunities, and any further data you may need to thrive in the torpedo industry. This torpedo market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
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.
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.
Rising maritime security threats are expected to drive growth in the torpedo market in the coming years. Maritime security threats encompass a range of issues in the maritime domain, including violence against passengers on ships and the placement of destructive equipment on board, posing risks to national and human security. Torpedoes are often employed to mitigate these risks by detecting and neutralizing submarines and underwater mines, serving as a deterrent against attackers and aiding in search and rescue operations. For instance, in January 2023, the ICC International Maritime Bureau, a UK-based government agency, reported a rise in maritime security threats in the Singapore Straits, with incidents increasing year-on-year from 35 in 2021 to 38 in 2022. Thus, the growing number of maritime security threats is fueling the expansion of the torpedo market.
The increasing military expenditure is expected to propel the growth of the torpedo market. Military expenditure refers to the financial resources allocated by a state to maintain its armed forces and essential defense functions. This investment significantly impacts torpedoes, leading to the development of advanced models, the replacement of aging stock, and the maintenance of a larger inventory of modern torpedoes. In April 2023, the Stockholm International Peace Research Institute reported a 3.7% global increase in military spending, reaching $2,240 billion. Notably, the United States contributed 39% of the world's military spending in 2022, while China accounted for 13%. Consequently, the rising military expenditure is fostering the growth of the torpedo market.
Product innovation is a prominent trend gaining traction in the torpedo market. Major companies in the torpedo market are concentrating on advancing guidance systems to enhance their market position. In June 2022, Raytheon Integrated Defense Systems, a US-based defense company, collaborated with the US Navy to introduce the advanced lightweight torpedo MK 54, designed for both deep and shallow waters and various acoustic environments. The MK 54 lightweight torpedo integrates hardware and software characteristics from Mk 46, Mk 50, and Mk 48 torpedoes with commercial off-the-shelf technology, enhancing its capability to counter shallow-water countermeasures. Equipped with processing algorithms, the MK 54 torpedoes can recognize and engage recognized threats while distinguishing bogus targets or countermeasures. The torpedo has dimensions of 2.71m in length, 32.3cm in diameter, and a weight of 275.7kg, featuring an explosive warhead weighing 43.9kg.
Major companies in the torpedo market are directing their efforts towards technological innovations, such as the development of a multi-layered integrated torpedo defense system (TDS), to secure a competitive advantage. The multi-layered integrated torpedo defense system (TDS) is a sophisticated system designed to protect surface ships from torpedo attacks. In June 2023, Rafael Advanced Defense Systems Ltd., an Israel-based provider of weapons and military technology, launched Torbuster SP, aimed at providing surface ships with protection against various acoustic homing torpedoes. Employing a combination of soft-kill and hard-kill countermeasures, Torbuster SP neutralizes incoming threats. The system also deploys the third-generation Scutter Mk 3 reactive vessel-launched torpedo decoy, which remains active at a pre-programmed depth for up to 10 minutes, mimicking different ship parameters to confuse adversaries.
In October 2022, Raytheon Technologies Corporation, a US-based defense company, partnered with Aerojet Rocketdyne to develop the latest torpedo system for the US Navy. The collaboration focuses on the next-generation compact rapid attack weapon (CRAW) with the after body, stored chemical energy propulsion system (SCEPS), and tail. The torpedo system can be adjusted into offensive and defensive versions to align with target size, speed, and crew capacity. Aerojet Rocketdyne is a US-based aerospace company.
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.
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
The countries covered in the torpedo market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain
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.
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.
Torpedo Global Market Report 2025 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.
This report focuses on torpedo market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
Reasons to Purchase
- Gain a truly global perspective with the most comprehensive report available on this market covering 15 geographies.
- Assess the impact of key macro factors such as geopolitical conflicts, trade policies and tariffs, post-pandemic supply chain realignment, inflation and interest rate fluctuations, and evolving regulatory landscapes.
- Create regional and country strategies on the basis of local data and analysis.
- Identify growth segments for investment.
- Outperform competitors using forecast data and the drivers and trends shaping the market.
- Understand customers based on the latest market shares.
- Benchmark performance against key competitors.
- Suitable for supporting your internal and external presentations with reliable high quality data and analysis
- Report will be updated with the latest data and delivered to you within 2-3 working days of order along with an Excel data sheet for easy data extraction and analysis.
- All data from the report will also be delivered in an excel dashboard format.
Where is the largest and fastest growing market for torpedo? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The torpedo market global report from the Business Research Company answers all these questions and many more.
The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.
- The market characteristics section of the report defines and explains the market.
- The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- The forecasts are made after considering the major factors currently impacting the market. These include:
The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
- Market segmentations break down the market into sub markets.
- The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
- The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
- Markets 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
- Companies Mentioned: 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.
- Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
- Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
- Time Series: Five years historic and ten years forecast.
- Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
- Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
- Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
- Delivery Format: PDF, Word and Excel Data Dashboard.
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
- 250717_r24560u_Torpedo_GMR_2025
