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Synopsis
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.
The global Torpedo market size is expected to reach US$ 1727.1 million by 2029, growing at a CAGR of 3.5% from 2023 to 2029. The market is mainly driven by the significant applications of Torpedo in various end use industries.
The expanding demands from the Ships and Submarines, are propelling Torpedo market. Guided Torpedoes, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Unguided Torpedoes segment is estimated at % CAGR for the next seven-year period.
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.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Torpedo, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Torpedo market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Torpedo market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Torpedo sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Torpedo covered in this report include ATLAS ELEKTRONIK, Leonardo, Lockheed Martin, Raytheon and Saab, etc.
The global Torpedo market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
Global Torpedo market, by region:
Global Torpedo market, Segment by Type:
Global Torpedo market, by Application
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Torpedo manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Torpedo in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: 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 Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. 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 Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index
1 Torpedo Market Overview
1.1 Torpedo Product Overview
1.2 Torpedo Market Segment by Type
1.2.1 Guided Torpedoes
1.2.2 Unguided Torpedoes
1.3 Global Torpedo Market Size by Type
1.3.1 Global Torpedo Market Size Overview by Type (2018-2029)
1.3.2 Global Torpedo Historic Market Size Review by Type (2018-2023)
1.3.3 Global Torpedo Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Torpedo Sales Breakdown by Type (2018-2023)
1.4.2 Europe Torpedo Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Torpedo Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Torpedo Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Torpedo Sales Breakdown by Type (2018-2023)
2 Global Torpedo Market Competition by Company
2.1 Global Top Players by Torpedo Sales (2018-2023)
2.2 Global Top Players by Torpedo Revenue (2018-2023)
2.3 Global Top Players by Torpedo Price (2018-2023)
2.4 Global Top Manufacturers Torpedo Manufacturing Base Distribution, Sales Area, Product Type
2.5 Torpedo Market Competitive Situation and Trends
2.5.1 Torpedo Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Torpedo Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Torpedo as of 2022)
2.7 Date of Key Manufacturers Enter into Torpedo Market
2.8 Key Manufacturers Torpedo Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Torpedo Status and Outlook by Region
3.1 Global Torpedo Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Torpedo Historic Market Size by Region
3.2.1 Global Torpedo Sales in Volume by Region (2018-2023)
3.2.2 Global Torpedo Sales in Value by Region (2018-2023)
3.2.3 Global Torpedo Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Torpedo Forecasted Market Size by Region
3.3.1 Global Torpedo Sales in Volume by Region (2024-2029)
3.3.2 Global Torpedo Sales in Value by Region (2024-2029)
3.3.3 Global Torpedo Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Torpedo by Application
4.1 Torpedo Market Segment by Application
4.1.1 Ships
4.1.2 Submarines
4.2 Global Torpedo Market Size by Application
4.2.1 Global Torpedo Market Size Overview by Application (2018-2029)
4.2.2 Global Torpedo Historic Market Size Review by Application (2018-2023)
4.2.3 Global Torpedo Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Torpedo Sales Breakdown by Application (2018-2023)
4.3.2 Europe Torpedo Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Torpedo Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Torpedo Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Torpedo Sales Breakdown by Application (2018-2023)
5 North America Torpedo by Country
5.1 North America Torpedo Historic Market Size by Country
5.1.1 North America Torpedo Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Torpedo Sales in Volume by Country (2018-2023)
5.1.3 North America Torpedo Sales in Value by Country (2018-2023)
5.2 North America Torpedo Forecasted Market Size by Country
5.2.1 North America Torpedo Sales in Volume by Country (2024-2029)
5.2.2 North America Torpedo Sales in Value by Country (2024-2029)
6 Europe Torpedo by Country
6.1 Europe Torpedo Historic Market Size by Country
6.1.1 Europe Torpedo Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Torpedo Sales in Volume by Country (2018-2023)
6.1.3 Europe Torpedo Sales in Value by Country (2018-2023)
6.2 Europe Torpedo Forecasted Market Size by Country
6.2.1 Europe Torpedo Sales in Volume by Country (2024-2029)
6.2.2 Europe Torpedo Sales in Value by Country (2024-2029)
7 Asia-Pacific Torpedo by Region
7.1 Asia-Pacific Torpedo Historic Market Size by Region
7.1.1 Asia-Pacific Torpedo Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Torpedo Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Torpedo Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Torpedo Forecasted Market Size by Region
7.2.1 Asia-Pacific Torpedo Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Torpedo Sales in Value by Region (2024-2029)
8 Latin America Torpedo by Country
8.1 Latin America Torpedo Historic Market Size by Country
8.1.1 Latin America Torpedo Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Torpedo Sales in Volume by Country (2018-2023)
8.1.3 Latin America Torpedo Sales in Value by Country (2018-2023)
8.2 Latin America Torpedo Forecasted Market Size by Country
8.2.1 Latin America Torpedo Sales in Volume by Country (2024-2029)
8.2.2 Latin America Torpedo Sales in Value by Country (2024-2029)
9 Middle East and Africa Torpedo by Country
9.1 Middle East and Africa Torpedo Historic Market Size by Country
9.1.1 Middle East and Africa Torpedo Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Torpedo Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Torpedo Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Torpedo Forecasted Market Size by Country
9.2.1 Middle East and Africa Torpedo Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Torpedo Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 ATLAS ELEKTRONIK
10.1.1 ATLAS ELEKTRONIK Company Information
10.1.2 ATLAS ELEKTRONIK Introduction and Business Overview
10.1.3 ATLAS ELEKTRONIK Torpedo Sales, Revenue and Gross Margin (2018-2023)
10.1.4 ATLAS ELEKTRONIK Torpedo Products Offered
10.1.5 ATLAS ELEKTRONIK Recent Development
10.2 Leonardo
10.2.1 Leonardo Company Information
10.2.2 Leonardo Introduction and Business Overview
10.2.3 Leonardo Torpedo Sales, Revenue and Gross Margin (2018-2023)
10.2.4 Leonardo Torpedo Products Offered
10.2.5 Leonardo Recent Development
10.3 Lockheed Martin
10.3.1 Lockheed Martin Company Information
10.3.2 Lockheed Martin Introduction and Business Overview
10.3.3 Lockheed Martin Torpedo Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Lockheed Martin Torpedo Products Offered
10.3.5 Lockheed Martin Recent Development
10.4 Raytheon
10.4.1 Raytheon Company Information
10.4.2 Raytheon Introduction and Business Overview
10.4.3 Raytheon Torpedo Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Raytheon Torpedo Products Offered
10.4.5 Raytheon Recent Development
10.5 Saab
10.5.1 Saab Company Information
10.5.2 Saab Introduction and Business Overview
10.5.3 Saab Torpedo Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Saab Torpedo Products Offered
10.5.5 Saab Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Torpedo Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Torpedo Industrial Chain Analysis
11.4 Torpedo Market Dynamics
11.4.1 Torpedo Industry Trends
11.4.2 Torpedo Market Drivers
11.4.3 Torpedo Market Challenges
11.4.4 Torpedo Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Torpedo Distributors
12.3 Torpedo Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research