Torpedo Market
Torpedo Market - Global Industry Assessment & Forecast
#
Pages:
145
Base Year:
2022
Aug - 2023
Format:
Report Code:
VMR-VMR-2021-0155
Segments Covered
By
Product Heavyweight Torpedoes , Lightweight Torpedoes
-
By
Launched platform Air-launched , Surfaced-launched , Underwater-launched
-
By
Propulsion Electric Propulsion, Conventional Propulsion
Snapshot
 Base Year:
|
2022 |
| Forecast
Years:
|
2023 - 2030 |
 Historical
Years:
|
2017 - 2021 |
 Revenue
2022: |
USD 936 Million |
 Revenue 2030:
|
USD 1454 Million |
 Revenue CAGR
(2023 - 2030): |
5.6% |
Fastest Growing Region (2023 -
2030)
|
Europe |
Largest Region (2022):
|
Asia Pacific |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Torpedo Market Segment Analysis
- Torpedo Product Outlook (Revenue, USD Million, 2018 - 2030)
- Heavyweight Torpedoes
- Lightweight Torpedoes
- Torpedo Launched platform Outlook (Revenue, USD Million, 2018 - 2030)
- Air-launched
- Surfaced-launched
- Underwater-launched
- Torpedo Propulsion Outlook (Revenue, USD Million, 2018 - 2030)
- Electric Propulsion
- Conventional Propulsion
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
-
North America Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
-
North America Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- U.S.
- U.S. Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- U.S. Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- U.S. Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- U.S. Torpedo Market, by Product
- Canada
- Canada Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- Canada Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- Canada Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- Canada Torpedo Market, by Product
-
Mexico
- Mexico Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- Mexico Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- Mexico Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- Mexico Torpedo Market, by Product
-
North America Torpedo Market, by Product
- Europe
-
Europe Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
-
Europe Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
-
Europe Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- U. K.
- U.K. Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- U.K. Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- U.K. Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- U.K. Torpedo Market, by Product
- France
- France Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- France Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- France Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- France Torpedo Market, by Product
-
Germany
- Germany Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- Germany Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- Germany Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- Germany Torpedo Market, by Product
-
Italy
- Italy Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- Italy Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- Italy Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- Italy Torpedo Market, by Product
-
Spain
- Spain Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- Spain Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- Spain Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- Spain Torpedo Market, by Product
-
Rest of Europe
- Rest of Europe Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- Rest of Europe Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- Rest of Europe Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- Rest of Europe Torpedo Market, by Product
-
Europe Torpedo Market, by Product
- Asia Pacific
-
Asia Pacific Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
-
Asia Pacific Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
-
Asia Pacific Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- China
- China Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- China Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- China Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- China Torpedo Market, by Product
- Japan
- Japan Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- Japan Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- Japan Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- Japan Torpedo Market, by Product
-
Germany
- Germany Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- Germany Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- Germany Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- Germany Torpedo Market, by Product
-
India
- India Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- India Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- India Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- India Torpedo Market, by Product
-
South Korea
- South Korea Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- South Korea Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- South Korea Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- South Korea Torpedo Market, by Product
-
South East Asia
- South East Asia Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- South East Asia Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- South East Asia Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- South East Asia Torpedo Market, by Product
-
Rest of Asia Pacific
- Rest of Asia Pacific Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- Rest of Asia Pacific Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- Rest of Asia Pacific Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- Rest of Asia Pacific Torpedo Market, by Product
-
Asia Pacific Torpedo Market, by Product
- Latin America
-
Latin America Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
-
Latin America Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
-
Latin America Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- Brazil
- Brazil Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- Brazil Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- Brazil Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- Brazil Torpedo Market, by Product
- Argentina
- Argentina Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- Argentina Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- Argentina Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- Argentina Torpedo Market, by Product
-
Rest of Latin America
- Rest of Latin America Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- Rest of Latin America Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- Rest of Latin America Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- Rest of Latin America Torpedo Market, by Product
-
Latin America Torpedo Market, by Product
- Middle East & Africa
-
Middle East & Africa Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
-
Middle East & Africa Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
-
Middle East & Africa Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- GCC Countries
- GCC Countries Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- GCC Countries Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- GCC Countries Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- GCC Countries Torpedo Market, by Product
- South Africa
- South Africa Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- South Africa Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- South Africa Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- South Africa Torpedo Market, by Product
-
Rest of Middle East & Africa
- Rest of Middle East & Africa Torpedo Market, by Product
- Heavyweight Torpedoes
- Lightweight Torpedoes
- Rest of Middle East & Africa Torpedo Market, by Launched platform
- Air-launched
- Surfaced-launched
- Underwater-launched
- Rest of Middle East & Africa Torpedo Market, by Propulsion
- Electric Propulsion
- Conventional Propulsion
- Rest of Middle East & Africa Torpedo Market, by Product
-
Middle East & Africa Torpedo Market, by Product
- North America
FAQ
Frequently Asked Question
What is the global demand for Torpedo in terms of revenue?
-
The global Torpedo valued at USD 936 Million in 2022 and is expected to reach USD 1454 Million in 2030 growing at a CAGR of 5.6%.
Which are the prominent players in the market?
-
The prominent players in the market are Atlas Elektronik GmbH (Germany), BAE Systems PLC (U.K.), Lockheed Martin Corporation (U.S.), Naval Group (France), Northrop Grumman Corporation (U.S.), Raytheon Technologies Corporation (U.S.), Saab AB (Sweden), Sechan Electronics Inc. (U.S.), Bharat Dynamics Limited (India), Honeywell International Inc. (U.S.), Leonardo S.P.A. (Italy) .
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 5.6% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the Torpedo include
- Increasing Naval Vessel Procurement as a result of an increasing Defense Budget to stimulate market growth
Which region accounted for the largest share in the market?
-
Asia Pacific was the leading regional segment of the Torpedo in 2022.
