Global Torpedo

Torpedo Comprehensive Study by Type (Lightweight, Heavyweight), Application (Naval Ships, Submarine, Aircraft/Helicopters), Propulsion System (Conventional, Electric), Range (High, Medium, Low), Launch (Water Launched {Surface Water, Underwater}, Air Launch) Players and Region - Global Market Outlook to 2028

Torpedo Market by XX Submarkets | Forecast Years 2023-2028 | CAGR: 3.9%  

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  • Summary
  • Market Segments
  • Table of Content
  • List of Table & Figures
  • Players Profiled
Torpedo Market Scope
The global torpedoes market is expected to witness healthy growth during the forecast period, according to the AMA study. This is owing to the rising demand for attack submarines, and marine vessels in order to strengthen the defense forces of different countries due to rising tensions between the countries worldwide. The government of defense of different countries is spending heavily on weapons and technologies in order to provide support to their defense forces and remain powerful among other defense forces. The rising fleet of marine vessels, submarines, naval aircraft & helicopters and growing retro fitment and upgrading of old fleet of submarines and vessels is driving the torpedoes market globally.

AttributesDetails
Study Period2018-2028
Base Year2022
High Growth MarketAsia Pacific
Largest MarketNorth America
UnitValue (USD Million)
Key Companies ProfiledBAE Systems (United Kingdom), Saab AB (Sweden), Raytheon Company (United States), Bharat Dynamics Ltd. (India), Northrop Grumman Corporation (United States), Atlas Electronik GmbH (Germany), Leonardo S.p.A. (Italy), Rosoboronexport (Russia) and Naval Group (France)
CAGR3.9%


The vendors in this highly consolidated market are majorly focusing on developing innovative solutions to cater to different requirements of defense forces across different regions to remain competitive in the market. For instance, in December 2017, the German company Atlas Elektronik tested its SeaSpider anti-torpedo torpedo due to demand from naval forces to defend their surface ships from submarine attacks. Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Torpedo market throughout the predicted period.

BAE Systems (United Kingdom), Saab AB (Sweden), Raytheon Company (United States), Bharat Dynamics Ltd. (India), Northrop Grumman Corporation (United States), Atlas Electronik GmbH (Germany), Leonardo S.p.A. (Italy), Rosoboronexport (Russia) and Naval Group (France) are some of the key players that are part of study coverage.

About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.

Segmentation Overview
The study have segmented the market of Global Torpedo market by Type , by Application (Naval Ships, Submarine and Aircraft/Helicopters) and Region with country level break-up. On the basis of Type, Lightweight are dominating the market in the year 2022 where as Heavyweight stood as second largest market share.

On the basis of application, Naval Ships segment is dominating the market in the year 2022 where as Submarines segment stood as second largest market.

On the basis of geography, the market of Torpedo has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2022. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.

Market Leaders and their expansionary development strategies
In June 2018, Northrop Grumman Corporation announced that it has closed the acquisition deal of Orbital ATK Inc which is one of the global leaders in aerospace and defense technologies.
In September 2019, Raytheon Company received a contract worth USD 80 million from the U.S. Naval Sea Systems Command for the production of Mark 54 Lightweight Torpedo.


Influencing Trend:
Growing Adoption of Lightweight Long Range Torpedoes and Development of Nuclear Torpedoes

Market Growth Drivers:
Growing Military Expenditure Across Different Regions, Rising Fleet of Marine Vessels and Attack Submarines, Rising Demand for Advanced Weapon Systems for Retrofitting of Old Marine Fleet of Vessels and Submarines Propelled by Increased Investments in Torpedo Upgrade Programs and Increasing Demand for Lightweight Torpedos in Order to Carry More Number of Weapons in a Marine Vessel, Submarine, Aircraft, and Helicopter

Challenges:
The challenge for the Navy's research and development community is not only to improve the current generation of torpedoes but also to exploit new technologies for the next generation of underwater weapons and Higher Vibrations in Conventional Torpedoes Lead to Lower Range and Deflected Directions

Restraints:
The use of ballistic missiles in the submarine and increased cyberattack

Opportunities:
Growing Acquisition of Warships, Aircraft, and Helicopters by Naval Forces of Different Regions Such as China, India, and Japan will Create Huge Opportunities for Market Vendors in the Near Future and Development and Adoption of Anti-Torpedo Torpedoes Will Create the Future Opportunities

Analyst View
The players in this market are focusing on establishing long-term contracts and relationship with defence forces of various countries in order to remain competitive in the market. For instance, the Pentagon awarded a contract worth USD 127 million to three different United States firms for torpedoes of the US Navy, United Kingdom (UK), Canada, Netherlands and Norway. Moreover, the component manufacturers in this market are also active in terms of relationship building with torpedo manufactures and defence forces. For instance, in June 2019, Lockheed Martin Corporation secured a contract worth USD 57 million from Naval Sea Systems Command of the United States to provide modification for the production of Mk 48 Mod 7 guidance & control (G&C) sections and Mk 48 Mod 7 Common Broadband Advanced Sonar System (CBASS)

Key Target Audience
Government Agencies, Government regulatory authorities, End User Industry, Customer and Others

Report Objectives / Segmentation Covered

By Type
  • Lightweight
  • Heavyweight
By Application
  • Naval Ships
  • Submarine
  • Aircraft/Helicopters
By Propulsion System
  • Conventional
  • Electric

By Range
  • High
  • Medium
  • Low

By Launch
  • Water Launched {Surface Water, Underwater}
  • Air Launch

By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Taiwan
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Growing Military Expenditure Across Different Regions
      • 3.2.2. Rising Fleet of Marine Vessels and Attack Submarines
      • 3.2.3. Rising Demand for Advanced Weapon Systems for Retrofitting of Old Marine Fleet of Vessels and Submarines Propelled by Increased Investments in Torpedo Upgrade Programs
      • 3.2.4. Increasing Demand for Lightweight Torpedos in Order to Carry More Number of Weapons in a Marine Vessel, Submarine, Aircraft, and Helicopter
    • 3.3. Market Challenges
      • 3.3.1. The challenge for the Navy's research and development community is not only to improve the current generation of torpedoes but also to exploit new technologies for the next generation of underwater weapons
      • 3.3.2. Higher Vibrations in Conventional Torpedoes Lead to Lower Range and Deflected Directions
    • 3.4. Market Trends
      • 3.4.1. Growing Adoption of Lightweight Long Range Torpedoes
      • 3.4.2. Development of Nuclear Torpedoes
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global Torpedo, by Type, Application, Propulsion System, Range, Launch and Region (value and price ) (2017-2022)
    • 5.1. Introduction
    • 5.2. Global Torpedo (Value)
      • 5.2.1. Global Torpedo by: Type (Value)
        • 5.2.1.1. Lightweight
        • 5.2.1.2. Heavyweight
      • 5.2.2. Global Torpedo by: Application (Value)
        • 5.2.2.1. Naval Ships
        • 5.2.2.2. Submarine
        • 5.2.2.3. Aircraft/Helicopters
      • 5.2.3. Global Torpedo by: Propulsion System (Value)
        • 5.2.3.1. Conventional
        • 5.2.3.2. Electric
      • 5.2.4. Global Torpedo by: Range (Value)
        • 5.2.4.1. High
        • 5.2.4.2. Medium
        • 5.2.4.3. Low
      • 5.2.5. Global Torpedo by: Launch (Value)
        • 5.2.5.1. Water Launched {Surface Water, Underwater}
        • 5.2.5.2. Air Launch
      • 5.2.6. Global Torpedo Region
        • 5.2.6.1. South America
          • 5.2.6.1.1. Brazil
          • 5.2.6.1.2. Argentina
          • 5.2.6.1.3. Rest of South America
        • 5.2.6.2. Asia Pacific
          • 5.2.6.2.1. China
          • 5.2.6.2.2. Japan
          • 5.2.6.2.3. India
          • 5.2.6.2.4. South Korea
          • 5.2.6.2.5. Taiwan
          • 5.2.6.2.6. Australia
          • 5.2.6.2.7. Rest of Asia-Pacific
        • 5.2.6.3. Europe
          • 5.2.6.3.1. Germany
          • 5.2.6.3.2. France
          • 5.2.6.3.3. Italy
          • 5.2.6.3.4. United Kingdom
          • 5.2.6.3.5. Netherlands
          • 5.2.6.3.6. Rest of Europe
        • 5.2.6.4. MEA
          • 5.2.6.4.1. Middle East
          • 5.2.6.4.2. Africa
        • 5.2.6.5. North America
          • 5.2.6.5.1. United States
          • 5.2.6.5.2. Canada
          • 5.2.6.5.3. Mexico
    • 5.3. Global Torpedo (Price)
      • 5.3.1. Global Torpedo by: Type (Price)
  • 6. Torpedo: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2022)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. BAE Systems (United Kingdom)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. Saab AB (Sweden)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. Raytheon Company (United States)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. Bharat Dynamics Ltd. (India)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. Northrop Grumman Corporation (United States)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. Atlas Electronik GmbH (Germany)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. Leonardo S.p.A. (Italy)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Rosoboronexport (Russia)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. Naval Group (France)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
  • 7. Global Torpedo Sale, by Type, Application, Propulsion System, Range, Launch and Region (value and price ) (2023-2028)
    • 7.1. Introduction
    • 7.2. Global Torpedo (Value)
      • 7.2.1. Global Torpedo by: Type (Value)
        • 7.2.1.1. Lightweight
        • 7.2.1.2. Heavyweight
      • 7.2.2. Global Torpedo by: Application (Value)
        • 7.2.2.1. Naval Ships
        • 7.2.2.2. Submarine
        • 7.2.2.3. Aircraft/Helicopters
      • 7.2.3. Global Torpedo by: Propulsion System (Value)
        • 7.2.3.1. Conventional
        • 7.2.3.2. Electric
      • 7.2.4. Global Torpedo by: Range (Value)
        • 7.2.4.1. High
        • 7.2.4.2. Medium
        • 7.2.4.3. Low
      • 7.2.5. Global Torpedo by: Launch (Value)
        • 7.2.5.1. Water Launched {Surface Water, Underwater}
        • 7.2.5.2. Air Launch
      • 7.2.6. Global Torpedo Region
        • 7.2.6.1. South America
          • 7.2.6.1.1. Brazil
          • 7.2.6.1.2. Argentina
          • 7.2.6.1.3. Rest of South America
        • 7.2.6.2. Asia Pacific
          • 7.2.6.2.1. China
          • 7.2.6.2.2. Japan
          • 7.2.6.2.3. India
          • 7.2.6.2.4. South Korea
          • 7.2.6.2.5. Taiwan
          • 7.2.6.2.6. Australia
          • 7.2.6.2.7. Rest of Asia-Pacific
        • 7.2.6.3. Europe
          • 7.2.6.3.1. Germany
          • 7.2.6.3.2. France
          • 7.2.6.3.3. Italy
          • 7.2.6.3.4. United Kingdom
          • 7.2.6.3.5. Netherlands
          • 7.2.6.3.6. Rest of Europe
        • 7.2.6.4. MEA
          • 7.2.6.4.1. Middle East
          • 7.2.6.4.2. Africa
        • 7.2.6.5. North America
          • 7.2.6.5.1. United States
          • 7.2.6.5.2. Canada
          • 7.2.6.5.3. Mexico
    • 7.3. Global Torpedo (Price)
      • 7.3.1. Global Torpedo by: Type (Price)
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. Torpedo: by Type(USD Million)
  • Table 2. Torpedo Lightweight , by Region USD Million (2017-2022)
  • Table 3. Torpedo Heavyweight , by Region USD Million (2017-2022)
  • Table 4. Torpedo: by Application(USD Million)
  • Table 5. Torpedo Naval Ships , by Region USD Million (2017-2022)
  • Table 6. Torpedo Submarine , by Region USD Million (2017-2022)
  • Table 7. Torpedo Aircraft/Helicopters , by Region USD Million (2017-2022)
  • Table 8. Torpedo: by Propulsion System(USD Million)
  • Table 9. Torpedo Conventional , by Region USD Million (2017-2022)
  • Table 10. Torpedo Electric , by Region USD Million (2017-2022)
  • Table 11. Torpedo: by Range(USD Million)
  • Table 12. Torpedo High , by Region USD Million (2017-2022)
  • Table 13. Torpedo Medium , by Region USD Million (2017-2022)
  • Table 14. Torpedo Low , by Region USD Million (2017-2022)
  • Table 15. Torpedo: by Launch(USD Million)
  • Table 16. Torpedo Water Launched {Surface Water, Underwater} , by Region USD Million (2017-2022)
  • Table 17. Torpedo Air Launch , by Region USD Million (2017-2022)
  • Table 18. South America Torpedo, by Country USD Million (2017-2022)
  • Table 19. South America Torpedo, by Type USD Million (2017-2022)
  • Table 20. South America Torpedo, by Application USD Million (2017-2022)
  • Table 21. South America Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 22. South America Torpedo, by Range USD Million (2017-2022)
  • Table 23. South America Torpedo, by Launch USD Million (2017-2022)
  • Table 24. Brazil Torpedo, by Type USD Million (2017-2022)
  • Table 25. Brazil Torpedo, by Application USD Million (2017-2022)
  • Table 26. Brazil Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 27. Brazil Torpedo, by Range USD Million (2017-2022)
  • Table 28. Brazil Torpedo, by Launch USD Million (2017-2022)
  • Table 29. Argentina Torpedo, by Type USD Million (2017-2022)
  • Table 30. Argentina Torpedo, by Application USD Million (2017-2022)
  • Table 31. Argentina Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 32. Argentina Torpedo, by Range USD Million (2017-2022)
  • Table 33. Argentina Torpedo, by Launch USD Million (2017-2022)
  • Table 34. Rest of South America Torpedo, by Type USD Million (2017-2022)
  • Table 35. Rest of South America Torpedo, by Application USD Million (2017-2022)
  • Table 36. Rest of South America Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 37. Rest of South America Torpedo, by Range USD Million (2017-2022)
  • Table 38. Rest of South America Torpedo, by Launch USD Million (2017-2022)
  • Table 39. Asia Pacific Torpedo, by Country USD Million (2017-2022)
  • Table 40. Asia Pacific Torpedo, by Type USD Million (2017-2022)
  • Table 41. Asia Pacific Torpedo, by Application USD Million (2017-2022)
  • Table 42. Asia Pacific Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 43. Asia Pacific Torpedo, by Range USD Million (2017-2022)
  • Table 44. Asia Pacific Torpedo, by Launch USD Million (2017-2022)
  • Table 45. China Torpedo, by Type USD Million (2017-2022)
  • Table 46. China Torpedo, by Application USD Million (2017-2022)
  • Table 47. China Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 48. China Torpedo, by Range USD Million (2017-2022)
  • Table 49. China Torpedo, by Launch USD Million (2017-2022)
  • Table 50. Japan Torpedo, by Type USD Million (2017-2022)
  • Table 51. Japan Torpedo, by Application USD Million (2017-2022)
  • Table 52. Japan Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 53. Japan Torpedo, by Range USD Million (2017-2022)
  • Table 54. Japan Torpedo, by Launch USD Million (2017-2022)
  • Table 55. India Torpedo, by Type USD Million (2017-2022)
  • Table 56. India Torpedo, by Application USD Million (2017-2022)
  • Table 57. India Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 58. India Torpedo, by Range USD Million (2017-2022)
  • Table 59. India Torpedo, by Launch USD Million (2017-2022)
  • Table 60. South Korea Torpedo, by Type USD Million (2017-2022)
  • Table 61. South Korea Torpedo, by Application USD Million (2017-2022)
  • Table 62. South Korea Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 63. South Korea Torpedo, by Range USD Million (2017-2022)
  • Table 64. South Korea Torpedo, by Launch USD Million (2017-2022)
  • Table 65. Taiwan Torpedo, by Type USD Million (2017-2022)
  • Table 66. Taiwan Torpedo, by Application USD Million (2017-2022)
  • Table 67. Taiwan Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 68. Taiwan Torpedo, by Range USD Million (2017-2022)
  • Table 69. Taiwan Torpedo, by Launch USD Million (2017-2022)
  • Table 70. Australia Torpedo, by Type USD Million (2017-2022)
  • Table 71. Australia Torpedo, by Application USD Million (2017-2022)
  • Table 72. Australia Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 73. Australia Torpedo, by Range USD Million (2017-2022)
  • Table 74. Australia Torpedo, by Launch USD Million (2017-2022)
  • Table 75. Rest of Asia-Pacific Torpedo, by Type USD Million (2017-2022)
  • Table 76. Rest of Asia-Pacific Torpedo, by Application USD Million (2017-2022)
  • Table 77. Rest of Asia-Pacific Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 78. Rest of Asia-Pacific Torpedo, by Range USD Million (2017-2022)
  • Table 79. Rest of Asia-Pacific Torpedo, by Launch USD Million (2017-2022)
  • Table 80. Europe Torpedo, by Country USD Million (2017-2022)
  • Table 81. Europe Torpedo, by Type USD Million (2017-2022)
  • Table 82. Europe Torpedo, by Application USD Million (2017-2022)
  • Table 83. Europe Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 84. Europe Torpedo, by Range USD Million (2017-2022)
  • Table 85. Europe Torpedo, by Launch USD Million (2017-2022)
  • Table 86. Germany Torpedo, by Type USD Million (2017-2022)
  • Table 87. Germany Torpedo, by Application USD Million (2017-2022)
  • Table 88. Germany Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 89. Germany Torpedo, by Range USD Million (2017-2022)
  • Table 90. Germany Torpedo, by Launch USD Million (2017-2022)
  • Table 91. France Torpedo, by Type USD Million (2017-2022)
  • Table 92. France Torpedo, by Application USD Million (2017-2022)
  • Table 93. France Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 94. France Torpedo, by Range USD Million (2017-2022)
  • Table 95. France Torpedo, by Launch USD Million (2017-2022)
  • Table 96. Italy Torpedo, by Type USD Million (2017-2022)
  • Table 97. Italy Torpedo, by Application USD Million (2017-2022)
  • Table 98. Italy Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 99. Italy Torpedo, by Range USD Million (2017-2022)
  • Table 100. Italy Torpedo, by Launch USD Million (2017-2022)
  • Table 101. United Kingdom Torpedo, by Type USD Million (2017-2022)
  • Table 102. United Kingdom Torpedo, by Application USD Million (2017-2022)
  • Table 103. United Kingdom Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 104. United Kingdom Torpedo, by Range USD Million (2017-2022)
  • Table 105. United Kingdom Torpedo, by Launch USD Million (2017-2022)
  • Table 106. Netherlands Torpedo, by Type USD Million (2017-2022)
  • Table 107. Netherlands Torpedo, by Application USD Million (2017-2022)
  • Table 108. Netherlands Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 109. Netherlands Torpedo, by Range USD Million (2017-2022)
  • Table 110. Netherlands Torpedo, by Launch USD Million (2017-2022)
  • Table 111. Rest of Europe Torpedo, by Type USD Million (2017-2022)
  • Table 112. Rest of Europe Torpedo, by Application USD Million (2017-2022)
  • Table 113. Rest of Europe Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 114. Rest of Europe Torpedo, by Range USD Million (2017-2022)
  • Table 115. Rest of Europe Torpedo, by Launch USD Million (2017-2022)
  • Table 116. MEA Torpedo, by Country USD Million (2017-2022)
  • Table 117. MEA Torpedo, by Type USD Million (2017-2022)
  • Table 118. MEA Torpedo, by Application USD Million (2017-2022)
  • Table 119. MEA Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 120. MEA Torpedo, by Range USD Million (2017-2022)
  • Table 121. MEA Torpedo, by Launch USD Million (2017-2022)
  • Table 122. Middle East Torpedo, by Type USD Million (2017-2022)
  • Table 123. Middle East Torpedo, by Application USD Million (2017-2022)
  • Table 124. Middle East Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 125. Middle East Torpedo, by Range USD Million (2017-2022)
  • Table 126. Middle East Torpedo, by Launch USD Million (2017-2022)
  • Table 127. Africa Torpedo, by Type USD Million (2017-2022)
  • Table 128. Africa Torpedo, by Application USD Million (2017-2022)
  • Table 129. Africa Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 130. Africa Torpedo, by Range USD Million (2017-2022)
  • Table 131. Africa Torpedo, by Launch USD Million (2017-2022)
  • Table 132. North America Torpedo, by Country USD Million (2017-2022)
  • Table 133. North America Torpedo, by Type USD Million (2017-2022)
  • Table 134. North America Torpedo, by Application USD Million (2017-2022)
  • Table 135. North America Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 136. North America Torpedo, by Range USD Million (2017-2022)
  • Table 137. North America Torpedo, by Launch USD Million (2017-2022)
  • Table 138. United States Torpedo, by Type USD Million (2017-2022)
  • Table 139. United States Torpedo, by Application USD Million (2017-2022)
  • Table 140. United States Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 141. United States Torpedo, by Range USD Million (2017-2022)
  • Table 142. United States Torpedo, by Launch USD Million (2017-2022)
  • Table 143. Canada Torpedo, by Type USD Million (2017-2022)
  • Table 144. Canada Torpedo, by Application USD Million (2017-2022)
  • Table 145. Canada Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 146. Canada Torpedo, by Range USD Million (2017-2022)
  • Table 147. Canada Torpedo, by Launch USD Million (2017-2022)
  • Table 148. Mexico Torpedo, by Type USD Million (2017-2022)
  • Table 149. Mexico Torpedo, by Application USD Million (2017-2022)
  • Table 150. Mexico Torpedo, by Propulsion System USD Million (2017-2022)
  • Table 151. Mexico Torpedo, by Range USD Million (2017-2022)
  • Table 152. Mexico Torpedo, by Launch USD Million (2017-2022)
  • Table 153. Torpedo: by Type(USD/Units)
  • Table 154. Company Basic Information, Sales Area and Its Competitors
  • Table 155. Company Basic Information, Sales Area and Its Competitors
  • Table 156. Company Basic Information, Sales Area and Its Competitors
  • Table 157. Company Basic Information, Sales Area and Its Competitors
  • Table 158. Company Basic Information, Sales Area and Its Competitors
  • Table 159. Company Basic Information, Sales Area and Its Competitors
  • Table 160. Company Basic Information, Sales Area and Its Competitors
  • Table 161. Company Basic Information, Sales Area and Its Competitors
  • Table 162. Company Basic Information, Sales Area and Its Competitors
  • Table 163. Torpedo: by Type(USD Million)
  • Table 164. Torpedo Lightweight , by Region USD Million (2023-2028)
  • Table 165. Torpedo Heavyweight , by Region USD Million (2023-2028)
  • Table 166. Torpedo: by Application(USD Million)
  • Table 167. Torpedo Naval Ships , by Region USD Million (2023-2028)
  • Table 168. Torpedo Submarine , by Region USD Million (2023-2028)
  • Table 169. Torpedo Aircraft/Helicopters , by Region USD Million (2023-2028)
  • Table 170. Torpedo: by Propulsion System(USD Million)
  • Table 171. Torpedo Conventional , by Region USD Million (2023-2028)
  • Table 172. Torpedo Electric , by Region USD Million (2023-2028)
  • Table 173. Torpedo: by Range(USD Million)
  • Table 174. Torpedo High , by Region USD Million (2023-2028)
  • Table 175. Torpedo Medium , by Region USD Million (2023-2028)
  • Table 176. Torpedo Low , by Region USD Million (2023-2028)
  • Table 177. Torpedo: by Launch(USD Million)
  • Table 178. Torpedo Water Launched {Surface Water, Underwater} , by Region USD Million (2023-2028)
  • Table 179. Torpedo Air Launch , by Region USD Million (2023-2028)
  • Table 180. South America Torpedo, by Country USD Million (2023-2028)
  • Table 181. South America Torpedo, by Type USD Million (2023-2028)
  • Table 182. South America Torpedo, by Application USD Million (2023-2028)
  • Table 183. South America Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 184. South America Torpedo, by Range USD Million (2023-2028)
  • Table 185. South America Torpedo, by Launch USD Million (2023-2028)
  • Table 186. Brazil Torpedo, by Type USD Million (2023-2028)
  • Table 187. Brazil Torpedo, by Application USD Million (2023-2028)
  • Table 188. Brazil Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 189. Brazil Torpedo, by Range USD Million (2023-2028)
  • Table 190. Brazil Torpedo, by Launch USD Million (2023-2028)
  • Table 191. Argentina Torpedo, by Type USD Million (2023-2028)
  • Table 192. Argentina Torpedo, by Application USD Million (2023-2028)
  • Table 193. Argentina Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 194. Argentina Torpedo, by Range USD Million (2023-2028)
  • Table 195. Argentina Torpedo, by Launch USD Million (2023-2028)
  • Table 196. Rest of South America Torpedo, by Type USD Million (2023-2028)
  • Table 197. Rest of South America Torpedo, by Application USD Million (2023-2028)
  • Table 198. Rest of South America Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 199. Rest of South America Torpedo, by Range USD Million (2023-2028)
  • Table 200. Rest of South America Torpedo, by Launch USD Million (2023-2028)
  • Table 201. Asia Pacific Torpedo, by Country USD Million (2023-2028)
  • Table 202. Asia Pacific Torpedo, by Type USD Million (2023-2028)
  • Table 203. Asia Pacific Torpedo, by Application USD Million (2023-2028)
  • Table 204. Asia Pacific Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 205. Asia Pacific Torpedo, by Range USD Million (2023-2028)
  • Table 206. Asia Pacific Torpedo, by Launch USD Million (2023-2028)
  • Table 207. China Torpedo, by Type USD Million (2023-2028)
  • Table 208. China Torpedo, by Application USD Million (2023-2028)
  • Table 209. China Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 210. China Torpedo, by Range USD Million (2023-2028)
  • Table 211. China Torpedo, by Launch USD Million (2023-2028)
  • Table 212. Japan Torpedo, by Type USD Million (2023-2028)
  • Table 213. Japan Torpedo, by Application USD Million (2023-2028)
  • Table 214. Japan Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 215. Japan Torpedo, by Range USD Million (2023-2028)
  • Table 216. Japan Torpedo, by Launch USD Million (2023-2028)
  • Table 217. India Torpedo, by Type USD Million (2023-2028)
  • Table 218. India Torpedo, by Application USD Million (2023-2028)
  • Table 219. India Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 220. India Torpedo, by Range USD Million (2023-2028)
  • Table 221. India Torpedo, by Launch USD Million (2023-2028)
  • Table 222. South Korea Torpedo, by Type USD Million (2023-2028)
  • Table 223. South Korea Torpedo, by Application USD Million (2023-2028)
  • Table 224. South Korea Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 225. South Korea Torpedo, by Range USD Million (2023-2028)
  • Table 226. South Korea Torpedo, by Launch USD Million (2023-2028)
  • Table 227. Taiwan Torpedo, by Type USD Million (2023-2028)
  • Table 228. Taiwan Torpedo, by Application USD Million (2023-2028)
  • Table 229. Taiwan Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 230. Taiwan Torpedo, by Range USD Million (2023-2028)
  • Table 231. Taiwan Torpedo, by Launch USD Million (2023-2028)
  • Table 232. Australia Torpedo, by Type USD Million (2023-2028)
  • Table 233. Australia Torpedo, by Application USD Million (2023-2028)
  • Table 234. Australia Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 235. Australia Torpedo, by Range USD Million (2023-2028)
  • Table 236. Australia Torpedo, by Launch USD Million (2023-2028)
  • Table 237. Rest of Asia-Pacific Torpedo, by Type USD Million (2023-2028)
  • Table 238. Rest of Asia-Pacific Torpedo, by Application USD Million (2023-2028)
  • Table 239. Rest of Asia-Pacific Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 240. Rest of Asia-Pacific Torpedo, by Range USD Million (2023-2028)
  • Table 241. Rest of Asia-Pacific Torpedo, by Launch USD Million (2023-2028)
  • Table 242. Europe Torpedo, by Country USD Million (2023-2028)
  • Table 243. Europe Torpedo, by Type USD Million (2023-2028)
  • Table 244. Europe Torpedo, by Application USD Million (2023-2028)
  • Table 245. Europe Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 246. Europe Torpedo, by Range USD Million (2023-2028)
  • Table 247. Europe Torpedo, by Launch USD Million (2023-2028)
  • Table 248. Germany Torpedo, by Type USD Million (2023-2028)
  • Table 249. Germany Torpedo, by Application USD Million (2023-2028)
  • Table 250. Germany Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 251. Germany Torpedo, by Range USD Million (2023-2028)
  • Table 252. Germany Torpedo, by Launch USD Million (2023-2028)
  • Table 253. France Torpedo, by Type USD Million (2023-2028)
  • Table 254. France Torpedo, by Application USD Million (2023-2028)
  • Table 255. France Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 256. France Torpedo, by Range USD Million (2023-2028)
  • Table 257. France Torpedo, by Launch USD Million (2023-2028)
  • Table 258. Italy Torpedo, by Type USD Million (2023-2028)
  • Table 259. Italy Torpedo, by Application USD Million (2023-2028)
  • Table 260. Italy Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 261. Italy Torpedo, by Range USD Million (2023-2028)
  • Table 262. Italy Torpedo, by Launch USD Million (2023-2028)
  • Table 263. United Kingdom Torpedo, by Type USD Million (2023-2028)
  • Table 264. United Kingdom Torpedo, by Application USD Million (2023-2028)
  • Table 265. United Kingdom Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 266. United Kingdom Torpedo, by Range USD Million (2023-2028)
  • Table 267. United Kingdom Torpedo, by Launch USD Million (2023-2028)
  • Table 268. Netherlands Torpedo, by Type USD Million (2023-2028)
  • Table 269. Netherlands Torpedo, by Application USD Million (2023-2028)
  • Table 270. Netherlands Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 271. Netherlands Torpedo, by Range USD Million (2023-2028)
  • Table 272. Netherlands Torpedo, by Launch USD Million (2023-2028)
  • Table 273. Rest of Europe Torpedo, by Type USD Million (2023-2028)
  • Table 274. Rest of Europe Torpedo, by Application USD Million (2023-2028)
  • Table 275. Rest of Europe Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 276. Rest of Europe Torpedo, by Range USD Million (2023-2028)
  • Table 277. Rest of Europe Torpedo, by Launch USD Million (2023-2028)
  • Table 278. MEA Torpedo, by Country USD Million (2023-2028)
  • Table 279. MEA Torpedo, by Type USD Million (2023-2028)
  • Table 280. MEA Torpedo, by Application USD Million (2023-2028)
  • Table 281. MEA Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 282. MEA Torpedo, by Range USD Million (2023-2028)
  • Table 283. MEA Torpedo, by Launch USD Million (2023-2028)
  • Table 284. Middle East Torpedo, by Type USD Million (2023-2028)
  • Table 285. Middle East Torpedo, by Application USD Million (2023-2028)
  • Table 286. Middle East Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 287. Middle East Torpedo, by Range USD Million (2023-2028)
  • Table 288. Middle East Torpedo, by Launch USD Million (2023-2028)
  • Table 289. Africa Torpedo, by Type USD Million (2023-2028)
  • Table 290. Africa Torpedo, by Application USD Million (2023-2028)
  • Table 291. Africa Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 292. Africa Torpedo, by Range USD Million (2023-2028)
  • Table 293. Africa Torpedo, by Launch USD Million (2023-2028)
  • Table 294. North America Torpedo, by Country USD Million (2023-2028)
  • Table 295. North America Torpedo, by Type USD Million (2023-2028)
  • Table 296. North America Torpedo, by Application USD Million (2023-2028)
  • Table 297. North America Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 298. North America Torpedo, by Range USD Million (2023-2028)
  • Table 299. North America Torpedo, by Launch USD Million (2023-2028)
  • Table 300. United States Torpedo, by Type USD Million (2023-2028)
  • Table 301. United States Torpedo, by Application USD Million (2023-2028)
  • Table 302. United States Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 303. United States Torpedo, by Range USD Million (2023-2028)
  • Table 304. United States Torpedo, by Launch USD Million (2023-2028)
  • Table 305. Canada Torpedo, by Type USD Million (2023-2028)
  • Table 306. Canada Torpedo, by Application USD Million (2023-2028)
  • Table 307. Canada Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 308. Canada Torpedo, by Range USD Million (2023-2028)
  • Table 309. Canada Torpedo, by Launch USD Million (2023-2028)
  • Table 310. Mexico Torpedo, by Type USD Million (2023-2028)
  • Table 311. Mexico Torpedo, by Application USD Million (2023-2028)
  • Table 312. Mexico Torpedo, by Propulsion System USD Million (2023-2028)
  • Table 313. Mexico Torpedo, by Range USD Million (2023-2028)
  • Table 314. Mexico Torpedo, by Launch USD Million (2023-2028)
  • Table 315. Torpedo: by Type(USD/Units)
  • Table 316. Research Programs/Design for This Report
  • Table 317. Key Data Information from Secondary Sources
  • Table 318. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global Torpedo: by Type USD Million (2017-2022)
  • Figure 5. Global Torpedo: by Application USD Million (2017-2022)
  • Figure 6. Global Torpedo: by Propulsion System USD Million (2017-2022)
  • Figure 7. Global Torpedo: by Range USD Million (2017-2022)
  • Figure 8. Global Torpedo: by Launch USD Million (2017-2022)
  • Figure 9. South America Torpedo Share (%), by Country
  • Figure 10. Asia Pacific Torpedo Share (%), by Country
  • Figure 11. Europe Torpedo Share (%), by Country
  • Figure 12. MEA Torpedo Share (%), by Country
  • Figure 13. North America Torpedo Share (%), by Country
  • Figure 14. Global Torpedo: by Type USD/Units (2017-2022)
  • Figure 15. Global Torpedo share by Players 2022 (%)
  • Figure 16. Global Torpedo share by Players (Top 3) 2022(%)
  • Figure 17. Global Torpedo share by Players (Top 5) 2022(%)
  • Figure 18. BCG Matrix for key Companies
  • Figure 19. BAE Systems (United Kingdom) Revenue, Net Income and Gross profit
  • Figure 20. BAE Systems (United Kingdom) Revenue: by Geography 2022
  • Figure 21. Saab AB (Sweden) Revenue, Net Income and Gross profit
  • Figure 22. Saab AB (Sweden) Revenue: by Geography 2022
  • Figure 23. Raytheon Company (United States) Revenue, Net Income and Gross profit
  • Figure 24. Raytheon Company (United States) Revenue: by Geography 2022
  • Figure 25. Bharat Dynamics Ltd. (India) Revenue, Net Income and Gross profit
  • Figure 26. Bharat Dynamics Ltd. (India) Revenue: by Geography 2022
  • Figure 27. Northrop Grumman Corporation (United States) Revenue, Net Income and Gross profit
  • Figure 28. Northrop Grumman Corporation (United States) Revenue: by Geography 2022
  • Figure 29. Atlas Electronik GmbH (Germany) Revenue, Net Income and Gross profit
  • Figure 30. Atlas Electronik GmbH (Germany) Revenue: by Geography 2022
  • Figure 31. Leonardo S.p.A. (Italy) Revenue, Net Income and Gross profit
  • Figure 32. Leonardo S.p.A. (Italy) Revenue: by Geography 2022
  • Figure 33. Rosoboronexport (Russia) Revenue, Net Income and Gross profit
  • Figure 34. Rosoboronexport (Russia) Revenue: by Geography 2022
  • Figure 35. Naval Group (France) Revenue, Net Income and Gross profit
  • Figure 36. Naval Group (France) Revenue: by Geography 2022
  • Figure 37. Global Torpedo: by Type USD Million (2023-2028)
  • Figure 38. Global Torpedo: by Application USD Million (2023-2028)
  • Figure 39. Global Torpedo: by Propulsion System USD Million (2023-2028)
  • Figure 40. Global Torpedo: by Range USD Million (2023-2028)
  • Figure 41. Global Torpedo: by Launch USD Million (2023-2028)
  • Figure 42. South America Torpedo Share (%), by Country
  • Figure 43. Asia Pacific Torpedo Share (%), by Country
  • Figure 44. Europe Torpedo Share (%), by Country
  • Figure 45. MEA Torpedo Share (%), by Country
  • Figure 46. North America Torpedo Share (%), by Country
  • Figure 47. Global Torpedo: by Type USD/Units (2023-2028)
List of companies from research coverage that are profiled in the study
  • BAE Systems (United Kingdom)
  • Saab AB (Sweden)
  • Raytheon Company (United States)
  • Bharat Dynamics Ltd. (India)
  • Northrop Grumman Corporation (United States)
  • Atlas Electronik GmbH (Germany)
  • Leonardo S.p.A. (Italy)
  • Rosoboronexport (Russia)
  • Naval Group (France)
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Frequently Asked Questions (FAQ):

The key segments that are playing vital role in Torpedo Market are by type [Lightweight and Heavyweight], by end use application [Naval Ships, Submarine and Aircraft/Helicopters].
The Torpedo Market is gaining popularity and expected to see strong valuation by 2028.
  • Growing Military Expenditure Across Different Regions
  • Rising Fleet of Marine Vessels and Attack Submarines
  • Rising Demand for Advanced Weapon Systems for Retrofitting of Old Marine Fleet of Vessels and Submarines Propelled by Increased Investments in Torpedo Upgrade Programs
  • Increasing Demand for Lightweight Torpedos in Order to Carry More Number of Weapons in a Marine Vessel, Submarine, Aircraft, and Helicopter

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