Torpedoes are anti-submarine and anti-warship weapons used by navies across the globe with systems that are self-propelled and guided projectiles. These are operated mostly underwater and are designed to detonate on contact or in proximity to a target.
Torpedoes may be launched from surface ships, submarines, fixed-wing aircraft, or helicopters. Torpedoes that are launched from warships or submarines are usually heavyweight torpedoes and the ones launched from aircraft are lightweight torpedoes.
The report analysts forecast the global torpedo market to grow at a CAGR of 3.04% during the period 2017-2021.
Covered in this report:
The report covers the present scenario and the growth prospects of the global torpedo market for 2017-2021. To calculate the market size, the report considers the torpedo procurement deals and the investment by each of the three regions (Americas, EMEA, and APAC) into manufacturing and acquiring torpedoes.
The market is divided into the following segments based on geography:
Torpedoes may be launched from surface ships, submarines, fixed-wing aircraft, or helicopters. Torpedoes that are launched from warships or submarines are usually heavyweight torpedoes and the ones launched from aircraft are lightweight torpedoes.
The report analysts forecast the global torpedo market to grow at a CAGR of 3.04% during the period 2017-2021.
Covered in this report:
The report covers the present scenario and the growth prospects of the global torpedo market for 2017-2021. To calculate the market size, the report considers the torpedo procurement deals and the investment by each of the three regions (Americas, EMEA, and APAC) into manufacturing and acquiring torpedoes.
The market is divided into the following segments based on geography:
- Americas
- APAC
- EMEA
Torpedo Market has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendorsoperating in this market.
Key vendors
Key vendors
- ATLAS ELEKTRONIK
- BAE Systems
- Lockheed Martin
- Raytheon
- Saab
Other prominent vendors
- Bharat Dynamics Limited (BDL)
- DCNS
- Honeywell International
- Leonardo-Finmeccanica
- Orbital ATK
Market driver
- Advancements in undersea warfare
- For a full, detailed list, view our report
Market challenge
- Focus on development of advanced submarine-launched ballistic missiles
- For a full, detailed list, view our report
Market trend
- Development of hybrid torpedoes
- For a full, detailed list, view our report
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Key questions answered in this report
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Key questions answered in this report
- What will the market size be in 2021 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendorsin this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
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