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Torpedo Market Size, Share 2023
| Market size in 2022 |
US$ 1390.7 million
|
Forecast Market size by 2029 |
US$ 1751.5 million
|
| Growth Rate |
CAGR of 3.3% |
Number of Pages |
77 Pages |
The torpedoes are self-propelled and self-guided weapons for anti-warships and anti-submarine warfare. The torpedoes are mainly operated underwater and are developed to detonate on contact or in the vicinity of the target. The torpedoes are generally released from submarines or warships, and sometimes from aircrafts or helicopters also. The submarine or warship released torpedoes which are heavier in weight while the same released from an aircraft or helicopters are lighter in weight.
This report aims to provide a comprehensive presentation of the global market for Torpedo, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Torpedo. This report contains market size and forecasts of Torpedo in global, including the following market information:
Global Torpedo Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Torpedo Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Torpedo companies in 2022 (%)
The global Torpedo market was valued at US$ 1390.7 million in 2022 and is projected to reach US$ 1751.5 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The key factor driving the market for torpedoes is the increased production of light weight torpedoes which can be carried on an aircraft or on a warship in a large number. These lightweight torpedoes are mainly targeted at submarines and are released from the aircraft near the target. As the torpedoes are released near to the targets, it minimizes the need for precision navigation systems and thus reducing the overall costs. The increased usage of lightweight torpedoes, are likely to aid the growth of the market for torpedoes. Another prominent factor boosting the market for torpedoes is the advancement in underwater warfare technology. Owing to the fact that, presently underwater warfare has increased a lot in comparison to early days, the torpedoes plays a vital role in undersea warfare due to their self-guided and self-propelled characteristics. The advancement in torpedoes helps the naval forces and air forces to eliminate their enemies in their vicinity.
We surveyed the Torpedo manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Torpedo Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Torpedo Market Segment Percentages, by Type, 2022 (%)
Guided Torpedoes
Unguided Torpedoes
Global Torpedo Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Torpedo Market Segment Percentages, by Application, 2022 (%)
Ships
Submarines
Global Torpedo Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Torpedo Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Torpedo revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Torpedo revenues share in global market, 2022 (%)
Key companies Torpedo sales in global market, 2018-2023 (Estimated), (K Units)
Key companies Torpedo sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ATLAS ELEKTRONIK
Leonardo
Lockheed Martin
Raytheon
Saab
Outline of Major Chapters:
Chapter 1: Introduces the definition of Torpedo, market overview.
Chapter 2: Global Torpedo market size in revenue and volume.
Chapter 3: Detailed analysis of Torpedo manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Torpedo in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Torpedo capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
| Report Attributes |
Report Details |
| Report Title |
Torpedo Market, Global Outlook and Forecast 2023-2029 |
| Market size in 2022 |
US$ 1390.7 million
|
| Forecast Market size by 2029 |
US$ 1751.5 million
|
| Growth Rate |
CAGR of 3.3% |
| Historical Year |
2018 to 2022 (Data from 2010 can be provided as per availability) |
| Base Year |
2022 |
| Forecast Year |
2030 |
| Number of Pages |
77 Pages |
| Customization Available |
Yes, the report can be customized as per your need. |
TABLE OF CONTENTS
1 Introduction to Research & Analysis Reports
1.1 Torpedo Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Torpedo Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Torpedo Overall Market Size
2.1 Global Torpedo Market Size: 2022 VS 2029
2.2 Global Torpedo Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Torpedo Sales: 2018-2029
3 Company Landscape
3.1 Top Torpedo Players in Global Market
3.2 Top Global Torpedo Companies Ranked by Revenue
3.3 Global Torpedo Revenue by Companies
3.4 Global Torpedo Sales by Companies
3.5 Global Torpedo Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Torpedo Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Torpedo Product Type
3.8 Tier 1, Tier 2 and Tier 3 Torpedo Players in Global Market
3.8.1 List of Global Tier 1 Torpedo Companies
3.8.2 List of Global Tier 2 and Tier 3 Torpedo Companies
4 Sights by Product
4.1 Overview
4.1.1 By Type - Global Torpedo Market Size Markets, 2022 & 2029
4.1.2 Guided Torpedoes
4.1.3 Unguided Torpedoes
4.2 By Type - Global Torpedo Revenue & Forecasts
4.2.1 By Type - Global Torpedo Revenue, 2018-2023
4.2.2 By Type - Global Torpedo Revenue, 2024-2029
4.2.3 By Type - Global Torpedo Revenue Market Share, 2018-2029
4.3 By Type - Global Torpedo Sales & Forecasts
4.3.1 By Type - Global Torpedo Sales, 2018-2023
4.3.2 By Type - Global Torpedo Sales, 2024-2029
4.3.3 By Type - Global Torpedo Sales Market Share, 2018-2029
4.4 By Type - Global Torpedo Price (Manufacturers Selling Prices), 2018-2029
5 Sights by Application
5.1 Overview
5.1.1 By Application - Global Torpedo Market Size, 2022 & 2029
5.1.2 Ships
5.1.3 Submarines
5.2 By Application - Global Torpedo Revenue & Forecasts
5.2.1 By Application - Global Torpedo Revenue, 2018-2023
5.2.2 By Application - Global Torpedo Revenue, 2024-2029
5.2.3 By Application - Global Torpedo Revenue Market Share, 2018-2029
5.3 By Application - Global Torpedo Sales & Forecasts
5.3.1 By Application - Global Torpedo Sales, 2018-2023
5.3.2 By Application - Global Torpedo Sales, 2024-2029
5.3.3 By Application - Global Torpedo Sales Market Share, 2018-2029
5.4 By Application - Global Torpedo Price (Manufacturers Selling Prices), 2018-2029
6 Sights by Region
6.1 By Region - Global Torpedo Market Size, 2022 & 2029
6.2 By Region - Global Torpedo Revenue & Forecasts
6.2.1 By Region - Global Torpedo Revenue, 2018-2023
6.2.2 By Region - Global Torpedo Revenue, 2024-2029
6.2.3 By Region - Global Torpedo Revenue Market Share, 2018-2029
6.3 By Region - Global Torpedo Sales & Forecasts
6.3.1 By Region - Global Torpedo Sales, 2018-2023
6.3.2 By Region - Global Torpedo Sales, 2024-2029
6.3.3 By Region - Global Torpedo Sales Market Share, 2018-2029
6.4 North America
6.4.1 By Country - North America Torpedo Revenue, 2018-2029
6.4.2 By Country - North America Torpedo Sales, 2018-2029
6.4.3 US Torpedo Market Size, 2018-2029
6.4.4 Canada Torpedo Market Size, 2018-2029
6.4.5 Mexico Torpedo Market Size, 2018-2029
6.5 Europe
6.5.1 By Country - Europe Torpedo Revenue, 2018-2029
6.5.2 By Country - Europe Torpedo Sales, 2018-2029
6.5.3 Germany Torpedo Market Size, 2018-2029
6.5.4 France Torpedo Market Size, 2018-2029
6.5.5 U.K. Torpedo Market Size, 2018-2029
6.5.6 Italy Torpedo Market Size, 2018-2029
6.5.7 Russia Torpedo Market Size, 2018-2029
6.5.8 Nordic Countries Torpedo Market Size, 2018-2029
6.5.9 Benelux Torpedo Market Size, 2018-2029
6.6 Asia
6.6.1 By Region - Asia Torpedo Revenue, 2018-2029
6.6.2 By Region - Asia Torpedo Sales, 2018-2029
6.6.3 China Torpedo Market Size, 2018-2029
6.6.4 Japan Torpedo Market Size, 2018-2029
6.6.5 South Korea Torpedo Market Size, 2018-2029
6.6.6 Southeast Asia Torpedo Market Size, 2018-2029
6.6.7 India Torpedo Market Size, 2018-2029
6.7 South America
6.7.1 By Country - South America Torpedo Revenue, 2018-2029
6.7.2 By Country - South America Torpedo Sales, 2018-2029
6.7.3 Brazil Torpedo Market Size, 2018-2029
6.7.4 Argentina Torpedo Market Size, 2018-2029
6.8 Middle East & Africa
6.8.1 By Country - Middle East & Africa Torpedo Revenue, 2018-2029
6.8.2 By Country - Middle East & Africa Torpedo Sales, 2018-2029
6.8.3 Turkey Torpedo Market Size, 2018-2029
6.8.4 Israel Torpedo Market Size, 2018-2029
6.8.5 Saudi Arabia Torpedo Market Size, 2018-2029
6.8.6 UAE Torpedo Market Size, 2018-2029
7 Manufacturers & Brands Profiles
7.1 ATLAS ELEKTRONIK
7.1.1 ATLAS ELEKTRONIK Company Summary
7.1.2 ATLAS ELEKTRONIK Business Overview
7.1.3 ATLAS ELEKTRONIK Torpedo Major Product Offerings
7.1.4 ATLAS ELEKTRONIK Torpedo Sales and Revenue in Global (2018-2023)
7.1.5 ATLAS ELEKTRONIK Key News & Latest Developments
7.2 Leonardo
7.2.1 Leonardo Company Summary
7.2.2 Leonardo Business Overview
7.2.3 Leonardo Torpedo Major Product Offerings
7.2.4 Leonardo Torpedo Sales and Revenue in Global (2018-2023)
7.2.5 Leonardo Key News & Latest Developments
7.3 Lockheed Martin
7.3.1 Lockheed Martin Company Summary
7.3.2 Lockheed Martin Business Overview
7.3.3 Lockheed Martin Torpedo Major Product Offerings
7.3.4 Lockheed Martin Torpedo Sales and Revenue in Global (2018-2023)
7.3.5 Lockheed Martin Key News & Latest Developments
7.4 Raytheon
7.4.1 Raytheon Company Summary
7.4.2 Raytheon Business Overview
7.4.3 Raytheon Torpedo Major Product Offerings
7.4.4 Raytheon Torpedo Sales and Revenue in Global (2018-2023)
7.4.5 Raytheon Key News & Latest Developments
7.5 Saab
7.5.1 Saab Company Summary
7.5.2 Saab Business Overview
7.5.3 Saab Torpedo Major Product Offerings
7.5.4 Saab Torpedo Sales and Revenue in Global (2018-2023)
7.5.5 Saab Key News & Latest Developments
8 Global Torpedo Production Capacity, Analysis
8.1 Global Torpedo Production Capacity, 2018-2029
8.2 Torpedo Production Capacity of Key Manufacturers in Global Market
8.3 Global Torpedo Production by Region
9 Key Market Trends, Opportunity, Drivers and Restraints
9.1 Market Opportunities & Trends
9.2 Market Drivers
9.3 Market Restraints
10 Torpedo Supply Chain Analysis
10.1 Torpedo Industry Value Chain
10.2 Torpedo Upstream Market
10.3 Torpedo Downstream and Clients
10.4 Marketing Channels Analysis
10.4.1 Marketing Channels
10.4.2 Torpedo Distributors and Sales Agents in Global
11 Conclusion
12 Appendix
12.1 Note
12.2 Examples of Clients
12.3 Disclaimer
LIST OF TABLES & FIGURES
List of Tables
Table 1. Key Players of Torpedo in Global Market
Table 2. Top Torpedo Players in Global Market, Ranking by Revenue (2022)
Table 3. Global Torpedo Revenue by Companies, (US$, Mn), 2018-2023
Table 4. Global Torpedo Revenue Share by Companies, 2018-2023
Table 5. Global Torpedo Sales by Companies, (K Units), 2018-2023
Table 6. Global Torpedo Sales Share by Companies, 2018-2023
Table 7. Key Manufacturers Torpedo Price (2018-2023) & (USD/Unit)
Table 8. Global Manufacturers Torpedo Product Type
Table 9. List of Global Tier 1 Torpedo Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 10. List of Global Tier 2 and Tier 3 Torpedo Companies, Revenue (US$, Mn) in 2022 and Market Share
Table 11. By Type ? Global Torpedo Revenue, (US$, Mn), 2022 & 2029
Table 12. By Type - Global Torpedo Revenue (US$, Mn), 2018-2023
Table 13. By Type - Global Torpedo Revenue (US$, Mn), 2024-2029
Table 14. By Type - Global Torpedo Sales (K Units), 2018-2023
Table 15. By Type - Global Torpedo Sales (K Units), 2024-2029
Table 16. By Application ? Global Torpedo Revenue, (US$, Mn), 2022 & 2029
Table 17. By Application - Global Torpedo Revenue (US$, Mn), 2018-2023
Table 18. By Application - Global Torpedo Revenue (US$, Mn), 2024-2029
Table 19. By Application - Global Torpedo Sales (K Units), 2018-2023
Table 20. By Application - Global Torpedo Sales (K Units), 2024-2029
Table 21. By Region ? Global Torpedo Revenue, (US$, Mn), 2022 VS 2029
Table 22. By Region - Global Torpedo Revenue (US$, Mn), 2018-2023
Table 23. By Region - Global Torpedo Revenue (US$, Mn), 2024-2029
Table 24. By Region - Global Torpedo Sales (K Units), 2018-2023
Table 25. By Region - Global Torpedo Sales (K Units), 2024-2029
Table 26. By Country - North America Torpedo Revenue, (US$, Mn), 2018-2023
Table 27. By Country - North America Torpedo Revenue, (US$, Mn), 2024-2029
Table 28. By Country - North America Torpedo Sales, (K Units), 2018-2023
Table 29. By Country - North America Torpedo Sales, (K Units), 2024-2029
Table 30. By Country - Europe Torpedo Revenue, (US$, Mn), 2018-2023
Table 31. By Country - Europe Torpedo Revenue, (US$, Mn), 2024-2029
Table 32. By Country - Europe Torpedo Sales, (K Units), 2018-2023
Table 33. By Country - Europe Torpedo Sales, (K Units), 2024-2029
Table 34. By Region - Asia Torpedo Revenue, (US$, Mn), 2018-2023
Table 35. By Region - Asia Torpedo Revenue, (US$, Mn), 2024-2029
Table 36. By Region - Asia Torpedo Sales, (K Units), 2018-2023
Table 37. By Region - Asia Torpedo Sales, (K Units), 2024-2029
Table 38. By Country - South America Torpedo Revenue, (US$, Mn), 2018-2023
Table 39. By Country - South America Torpedo Revenue, (US$, Mn), 2024-2029
Table 40. By Country - South America Torpedo Sales, (K Units), 2018-2023
Table 41. By Country - South America Torpedo Sales, (K Units), 2024-2029
Table 42. By Country - Middle East & Africa Torpedo Revenue, (US$, Mn), 2018-2023
Table 43. By Country - Middle East & Africa Torpedo Revenue, (US$, Mn), 2024-2029
Table 44. By Country - Middle East & Africa Torpedo Sales, (K Units), 2018-2023
Table 45. By Country - Middle East & Africa Torpedo Sales, (K Units), 2024-2029
Table 46. ATLAS ELEKTRONIK Company Summary
Table 47. ATLAS ELEKTRONIK Torpedo Product Offerings
Table 48. ATLAS ELEKTRONIK Torpedo Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2018-2023)
Table 49. ATLAS ELEKTRONIK Key News & Latest Developments
Table 50. Leonardo Company Summary
Table 51. Leonardo Torpedo Product Offerings
Table 52. Leonardo Torpedo Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2018-2023)
Table 53. Leonardo Key News & Latest Developments
Table 54. Lockheed Martin Company Summary
Table 55. Lockheed Martin Torpedo Product Offerings
Table 56. Lockheed Martin Torpedo Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2018-2023)
Table 57. Lockheed Martin Key News & Latest Developments
Table 58. Raytheon Company Summary
Table 59. Raytheon Torpedo Product Offerings
Table 60. Raytheon Torpedo Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2018-2023)
Table 61. Raytheon Key News & Latest Developments
Table 62. Saab Company Summary
Table 63. Saab Torpedo Product Offerings
Table 64. Saab Torpedo Sales (K Units), Revenue (US$, Mn) and Average Price (USD/Unit) (2018-2023)
Table 65. Saab Key News & Latest Developments
Table 66. Torpedo Production Capacity (K Units) of Key Manufacturers in Global Market, 2021-2023 (K Units)
Table 67. Global Torpedo Capacity Market Share of Key Manufacturers, 2021-2023
Table 68. Global Torpedo Production by Region, 2018-2023 (K Units)
Table 69. Global Torpedo Production by Region, 2024-2029 (K Units)
Table 70. Torpedo Market Opportunities & Trends in Global Market
Table 71. Torpedo Market Drivers in Global Market
Table 72. Torpedo Market Restraints in Global Market
Table 73. Torpedo Raw Materials
Table 74. Torpedo Raw Materials Suppliers in Global Market
Table 75. Typical Torpedo Downstream
Table 76. Torpedo Downstream Clients in Global Market
Table 77. Torpedo Distributors and Sales Agents in Global Market
List of Figures
Figure 1. Torpedo Segment by Type in 2022
Figure 2. Torpedo Segment by Application in 2022
Figure 3. Global Torpedo Market Overview: 2022
Figure 4. Key Caveats
Figure 5. Global Torpedo Market Size: 2022 VS 2029 (US$, Mn)
Figure 6. Global Torpedo Revenue, 2018-2029 (US$, Mn)
Figure 7. Torpedo Sales in Global Market: 2018-2029 (K Units)
Figure 8. The Top 3 and 5 Players Market Share by Torpedo Revenue in 2022
Figure 9. By Type - Global Torpedo Revenue, (US$, Mn), 2022 & 2029
Figure 10. By Type - Global Torpedo Revenue Market Share, 2018-2029
Figure 11. By Type - Global Torpedo Sales Market Share, 2018-2029
Figure 12. By Type - Global Torpedo Price (USD/Unit), 2018-2029
Figure 13. By Application - Global Torpedo Revenue, (US$, Mn), 2022 & 2029
Figure 14. By Application - Global Torpedo Revenue Market Share, 2018-2029
Figure 15. By Application - Global Torpedo Sales Market Share, 2018-2029
Figure 16. By Application - Global Torpedo Price (USD/Unit), 2018-2029
Figure 17. By Region - Global Torpedo Revenue, (US$, Mn), 2022 & 2029
Figure 18. By Region - Global Torpedo Revenue Market Share, 2018 VS 2022 VS 2029
Figure 19. By Region - Global Torpedo Revenue Market Share, 2018-2029
Figure 20. By Region - Global Torpedo Sales Market Share, 2018-2029
Figure 21. By Country - North America Torpedo Revenue Market Share, 2018-2029
Figure 22. By Country - North America Torpedo Sales Market Share, 2018-2029
Figure 23. US Torpedo Revenue, (US$, Mn), 2018-2029
Figure 24. Canada Torpedo Revenue, (US$, Mn), 2018-2029
Figure 25. Mexico Torpedo Revenue, (US$, Mn), 2018-2029
Figure 26. By Country - Europe Torpedo Revenue Market Share, 2018-2029
Figure 27. By Country - Europe Torpedo Sales Market Share, 2018-2029
Figure 28. Germany Torpedo Revenue, (US$, Mn), 2018-2029
Figure 29. France Torpedo Revenue, (US$, Mn), 2018-2029
Figure 30. U.K. Torpedo Revenue, (US$, Mn), 2018-2029
Figure 31. Italy Torpedo Revenue, (US$, Mn), 2018-2029
Figure 32. Russia Torpedo Revenue, (US$, Mn), 2018-2029
Figure 33. Nordic Countries Torpedo Revenue, (US$, Mn), 2018-2029
Figure 34. Benelux Torpedo Revenue, (US$, Mn), 2018-2029
Figure 35. By Region - Asia Torpedo Revenue Market Share, 2018-2029
Figure 36. By Region - Asia Torpedo Sales Market Share, 2018-2029
Figure 37. China Torpedo Revenue, (US$, Mn), 2018-2029
Figure 38. Japan Torpedo Revenue, (US$, Mn), 2018-2029
Figure 39. South Korea Torpedo Revenue, (US$, Mn), 2018-2029
Figure 40. Southeast Asia Torpedo Revenue, (US$, Mn), 2018-2029
Figure 41. India Torpedo Revenue, (US$, Mn), 2018-2029
Figure 42. By Country - South America Torpedo Revenue Market Share, 2018-2029
Figure 43. By Country - South America Torpedo Sales Market Share, 2018-2029
Figure 44. Brazil Torpedo Revenue, (US$, Mn), 2018-2029
Figure 45. Argentina Torpedo Revenue, (US$, Mn), 2018-2029
Figure 46. By Country - Middle East & Africa Torpedo Revenue Market Share, 2018-2029
Figure 47. By Country - Middle East & Africa Torpedo Sales Market Share, 2018-2029
Figure 48. Turkey Torpedo Revenue, (US$, Mn), 2018-2029
Figure 49. Israel Torpedo Revenue, (US$, Mn), 2018-2029
Figure 50. Saudi Arabia Torpedo Revenue, (US$, Mn), 2018-2029
Figure 51. UAE Torpedo Revenue, (US$, Mn), 2018-2029
Figure 52. Global Torpedo Production Capacity (K Units), 2018-2029
Figure 53. The Percentage of Production Torpedo by Region, 2022 VS 2029
Figure 54. Torpedo Industry Value Chain
Figure 55. Marketing Channels
