PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 2028397
PUBLISHER: Fortune Business Insights Pvt. Ltd. | PRODUCT CODE: 2028397
Torpedo Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2026-2034
Growth Factors of torpedo Market
The global torpedo market is witnessing steady growth driven by rising geopolitical tensions and increasing naval modernization programs worldwide. The market was valued at USD 1162.92 million in 2025 and is projected to grow to USD 1226.53 million in 2026, reaching USD 1878.06 million by 2034, at a CAGR of 5.47% during the forecast period. North America dominated the market with a 34.78% share in 2025, supported by strong defense spending and advanced naval capabilities.
A torpedo is a self-propelled underwater weapon used in naval warfare, capable of being launched from submarines, ships, or aircraft. It consists of propulsion, guidance, and explosive systems, enabling precise targeting and destruction of enemy vessels. Increasing maritime security concerns and the need for advanced anti-submarine warfare systems are significantly contributing to market growth.
Market Dynamics
Growth Drivers
One of the key drivers of the torpedo market is the rising maritime border disputes and geopolitical tensions across regions such as Asia Pacific and Europe. Countries are strengthening their naval forces to enhance security and surveillance capabilities, leading to increased procurement of advanced torpedo systems.
Another major factor is the growing defense budgets of leading economies such as the U.S., India, and China. For instance, significant investments in naval modernization programs and submarine fleets are driving the demand for torpedoes with advanced propulsion and guidance systems.
Additionally, the increasing procurement of naval vessels, including submarines, frigates, and destroyers, is boosting market demand. These vessels are equipped with modern torpedo systems to enhance combat efficiency and underwater warfare capabilities.
Impact of War and Conflicts
Global conflicts, including the Russia-Ukraine war and rising tensions between neighboring countries, have accelerated defense spending and military modernization. Nations are investing heavily in advanced weapon systems, including torpedoes, to strengthen their naval capabilities.
However, such conflicts have also disrupted supply chains and delayed procurement programs in some regions. Despite these challenges, the overall impact of geopolitical instability has been positive for market growth due to increased defense investments.
Market Restraints
The market faces challenges due to the growing threat of cyber-attacks on advanced weapon systems. As torpedoes rely on sophisticated guidance and communication technologies, vulnerabilities in these systems may impact operational efficiency.
Additionally, the increasing adoption of missile-based defense systems and advanced submarines capable of countering torpedo attacks may limit market growth to some extent.
Market Trends
A prominent trend in the torpedo market is the development of robotic and unmanned torpedo systems. These systems can operate autonomously, detect enemy submarines, and execute missions with minimal human intervention, enhancing operational efficiency.
Another key trend is the shift toward electric propulsion systems, which offer advantages such as lower noise levels, higher efficiency, and improved speed. These features are critical for stealth operations in modern naval warfare.
Furthermore, advancements in guidance systems and acoustic technologies are improving the accuracy and effectiveness of torpedoes, making them more reliable in complex combat scenarios.
Segmentation Analysis
By weight, the heavyweight torpedo segment dominates the market, driven by its superior range, payload capacity, and effectiveness in submarine-based operations. These torpedoes are widely used by naval forces to enhance combat capabilities.
By launch platform, the surface-launched segment holds a significant share, owing to the increasing deployment of torpedoes on naval vessels such as destroyers and cruisers. The underwater-launched segment is also gaining traction due to the growing use of submarines in modern warfare.
By propulsion, the electric propulsion segment is expected to witness the fastest growth, supported by the rising adoption of electric ships and demand for low-noise, high-efficiency systems.
Regional Insights
North America leads the market with a valuation of USD 404.51 million in 2025 and USD 426.64 million in 2026, driven by high defense expenditure and continuous technological advancements in naval systems, particularly in the U.S.
Asia Pacific is expected to register the fastest growth due to increasing investments in naval modernization by countries such as China and India. Rising regional conflicts and maritime security concerns are key growth factors.
Europe holds the second-largest market share, supported by the presence of major defense companies and increasing development of advanced weapon systems amid regional tensions.
The rest of the world, including the Middle East and Latin America, is also witnessing growth due to rising investments in naval defense and anti-piracy operations.
Competitive Landscape
The torpedo market is highly competitive, with key players such as Lockheed Martin Corporation, Raytheon Technologies Corporation, Naval Group, BAE Systems PLC, and Bharat Dynamics Limited focusing on innovation and advanced technology development. Companies are investing in next-generation torpedo systems with enhanced speed, accuracy, and stealth capabilities.
Strategic collaborations, long-term defense contracts, and expansion into emerging markets are key strategies adopted by these players to strengthen their market position.
Conclusion
The torpedo market is expected to experience steady growth, driven by rising geopolitical tensions, increasing defense budgets, and ongoing naval modernization programs. With market value projected to grow from USD 1162.92 million in 2025 to USD 1878.06 million by 2034, the industry is set to expand across global regions. Despite challenges such as cyber threats and evolving defense technologies, advancements in propulsion, automation, and guidance systems will continue to support long-term market development.
Segmentation By Weight
- Heavyweight Torpedoes
- Lightweight Torpedoes
By Launch Platform
- Air-Launched
- Surface-Launched
- Underwater-Launched
By Propulsion
- Electric Propulsion
- Conventional Propulsion
By Geography
- North America (Weight, Launch Platform, Propulsion, and Country)
- U.S. (Launch Platform)
- Canada (Launch Platform)
- Europe (Weight, Launch Platform, Propulsion, and Country)
- U.K. (Launch Platform)
- Germany (Launch Platform)
- France (Launch Platform)
- Russia (Launch Platform)
- Rest of Europe (Launch Platform)
- Asia Pacific (Weight, Launch Platform, Propulsion, and Country)
- Japan (Launch Platform)
- China (Launch Platform)
- India (Launch Platform)
- Rest of Asia Pacific (Launch Platform)
- Rest of the World (Weight, Launch Platform, Propulsion, and Country)
- Latin America (Launch Platform)
- Middle East & Africa (Launch Platform)
Table of Content
1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
- 3.1. Market Drivers
- 3.2. Market Restraints
- 3.3. Market Opportunities
4. Key Insights
- 4.1. Key Industry Developments -Mergers, Acquisitions and Partnerships
- 4.2. Latest technological Advancements
- 4.3. Porters Five Forces Analysis
- 4.4. Supply Chain Analysis
5. Qualitative Insights
- 5.1. Impact of COVID-19 on the Torpedo Market
- 5.2. Supply Chain Challenges
- 5.3. Steps Taken by the Industry/Government/Companies to Overcome the Impact
- 5.4. Key Developments in the Industry in Response to COVID-19
- 5.5. Potential Opportunities due to COVID-19 Outbreak
6. Global Torpedo Market Analysis, Insights and Forecast, 2021-2034
- 6.1. Key Findings / Summary
- 6.2. Market Analysis, Insights and Forecast - By Weight
- 6.2.1. Heavyweight Torpedoes
- 6.2.2. Lightweight Torpedoes
- 6.3. Market Analysis, Insights and Forecast - By Launch Platform
- 6.3.1. Air-launched
- 6.3.2. Surface-Launched
- 6.3.3. Underwater-Launched
- 6.4. Market Analysis, Insights and Forecast - By Propulsion
- 6.4.1. Electric Propulsion
- 6.4.2. Conventional Propulsion
- 6.5. Market Analysis, Insights and Forecast - By Region
- 6.5.1. North America
- 6.5.2. Europe
- 6.5.3. Asia Pacific
- 6.5.4. Rest of the world
7. North America Torpedo Market Analysis, Insights and Forecast, 2021-2034
- 7.1. Key Findings / Summary
- 7.2. Market Analysis, Insights and Forecast - By Weight
- 7.2.1. Heavyweight Torpedoes
- 7.2.2. Lightweight Torpedoes
- 7.3. Market Analysis, Insights and Forecast - By Launch Platform
- 7.3.1. Air-launched
- 7.3.2. Surface-Launched
- 7.3.3. Underwater-Launched
- 7.4. Market Analysis, Insights and Forecast - By Propulsion
- 7.4.1. Electric Propulsion
- 7.4.2. Conventional Propulsion
- 7.5. Market Analysis - By Country
- 7.5.1. The U.S.
- 7.5.2. Canada
8. Europe Torpedo Market Analysis, Insights and Forecast, 2021-2034
- 8.1. Key Findings / Summary
- 8.2. Market Analysis, Insights and Forecast - By Weight
- 8.2.1. Heavyweight Torpedoes
- 8.2.2. Lightweight Torpedoes
- 8.3. Market Analysis, Insights and Forecast - By Launch Platform
- 8.3.1. Air-launched
- 8.3.2. Surface-Launched
- 8.3.3. Underwater-Launched
- 8.4. Market Analysis, Insights and Forecast - By Propulsion
- 8.4.1. Electric Propulsion
- 8.4.2. Conventional Propulsion
- 8.5. Market Analysis - By Country
- 8.5.1. The U.K.
- 8.5.2. Germany
- 8.5.3. France
- 8.5.4. Russia
- 8.5.5. Rest of Europe
9. Asia pacific Torpedo Market Analysis, Insights and Forecast, 2021-2034
- 9.1. Key Findings / Summary
- 9.2. Market Analysis, Insights and Forecast - By Weight
- 9.2.1. Heavyweight Torpedoes
- 9.2.2. Lightweight Torpedoes
- 9.3. Market Analysis, Insights and Forecast - By Launch Platform
- 9.3.1. Air-launched
- 9.3.2. Surface-Launched
- 9.3.3. Underwater-Launched
- 9.4. Market Analysis, Insights and Forecast - By Propulsion
- 9.4.1. Electric Propulsion
- 9.4.2. Conventional Propulsion
- 9.5. Market Analysis - By Country
- 9.5.1. Japan
- 9.5.2. China
- 9.5.3. India
- 9.5.4. Rest of Asia Pacific
10. Rest of the world Torpedo Market Analysis, Insights and Forecast, 2021-2034
- 10.1. Key Findings / Summary
- 10.2. Market Analysis, Insights and Forecast - By Weight
- 10.2.1. Heavyweight Torpedoes
- 10.2.2. Lightweight Torpedoes
- 10.3. Market Analysis, Insights and Forecast - By Launch Platform
- 10.3.1. Air-launched
- 10.3.2. Surface-Launched
- 10.3.3. Underwater-Launched
- 10.4. Market Analysis, Insights and Forecast - By Propulsion
- 10.4.1. Electric Propulsion
- 10.4.2. Conventional Propulsion
- 10.5. Market Analysis - By Sub-Region
- 10.5.1. Latin America
- 10.5.2. The Middle East and Africa
11. Competitive Analysis
- 11.1. Key Industry Developments
- 11.2. Global Market Share Analysis (2025)
- 11.3. Competition Dashboard
- 11.4. Comparative Analysis - Major Players
- 11.5. Company Profiles (Overview, Products & services, SWOT analysis, Recent developments, strategies, financials (based on availability))
- 11.5.1. ASELSAN AS
- 11.5.1.1. Overview,
- 11.5.1.2. Products & services,
- 11.5.1.3. SWOT analysis,
- 11.5.1.4. Recent developments,
- 11.5.1.5. strategies,
- 11.5.1.6. financials (based on availability)
- 11.5.2. Atlas Elektronik GmbH
- 11.5.2.1. Overview,
- 11.5.2.2. Products & services,
- 11.5.2.3. SWOT analysis,
- 11.5.2.4. Recent developments,
- 11.5.2.5. strategies,
- 11.5.2.6. financials (based on availability)
- 11.5.3. BAE Systems PLC
- 11.5.3.1. Overview,
- 11.5.3.2. Products & services,
- 11.5.3.3. SWOT analysis,
- 11.5.3.4. Recent developments,
- 11.5.3.5. strategies,
- 11.5.3.6. financials (based on availability)
- 11.5.4. Bharat Dynamics Limited
- 11.5.4.1. Overview,
- 11.5.4.2. Products & services,
- 11.5.4.3. SWOT analysis,
- 11.5.4.4. Recent developments,
- 11.5.4.5. strategies,
- 11.5.4.6. financials (based on availability)
- 11.5.5. Honeywell International Inc.
- 11.5.5.1. Overview,
- 11.5.5.2. Products & services,
- 11.5.5.3. SWOT analysis,
- 11.5.5.4. Recent developments,
- 11.5.5.5. strategies,
- 11.5.5.6. financials (based on availability)
- 11.5.6. Leonardo S.P.A.
- 11.5.6.1. Overview,
- 11.5.6.2. Products & services,
- 11.5.6.3. SWOT analysis,
- 11.5.6.4. Recent developments,
- 11.5.6.5. strategies,
- 11.5.6.6. financials (based on availability)
- 11.5.7. Lockheed Martin Corporation
- 11.5.7.1. Overview,
- 11.5.7.2. Products & services,
- 11.5.7.3. SWOT analysis,
- 11.5.7.4. Recent developments,
- 11.5.7.5. strategies,
- 11.5.7.6. financials (based on availability)
- 11.5.8. Naval Group
- 11.5.8.1. Overview,
- 11.5.8.2. Products & services,
- 11.5.8.3. SWOT analysis,
- 11.5.8.4. Recent developments,
- 11.5.8.5. strategies,
- 11.5.8.6. financials (based on availability)
- 11.5.9. Northrop Grumman Corporation
- 11.5.9.1. Overview,
- 11.5.9.2. Products & services,
- 11.5.9.3. SWOT analysis,
- 11.5.9.4. Recent developments,
- 11.5.9.5. strategies,
- 11.5.9.6. financials (based on availability)
- 11.5.10. Raytheon Technologies Corporation
- 11.5.10.1. Overview,
- 11.5.10.2. Products & services,
- 11.5.10.3. SWOT analysis,
- 11.5.10.4. Recent developments,
- 11.5.10.5. strategies,
- 11.5.10.6. financials (based on availability)
- 11.5.11. Rosoboronexport
- 11.5.11.1. Overview,
- 11.5.11.2. Products & services,
- 11.5.11.3. SWOT analysis,
- 11.5.11.4. Recent developments,
- 11.5.11.5. strategies,
- 11.5.11.6. financials (based on availability)
- 11.5.12. Saab AB
- 11.5.12.1. Overview,
- 11.5.12.2. Products & services,
- 11.5.12.3. SWOT analysis,
- 11.5.12.4. Recent developments,
- 11.5.12.5. strategies,
- 11.5.12.6. financials (based on availability)
- 11.5.13. Sechan Electronics Inc.
- 11.5.13.1. Overview,
- 11.5.13.2. Products & services,
- 11.5.13.3. SWOT analysis,
- 11.5.13.4. Recent developments,
- 11.5.13.5. strategies,
- 11.5.13.6. financials (based on availability)
- 11.5.1. ASELSAN AS
List of Tables
- Table 1: Global Torpedo Market Revenue (USD Mn) Forecast, By Weight, 2021-2034
- Table 2: Global Torpedo Market Revenue (USD Mn) Forecast, By Launch Platform, 2021-2034
- Table 3: Global Torpedo Market Revenue (USD Mn) Forecast, by Propulsion, 2021-2034
- Table 4: Global Torpedo Market Revenue (USD Mn) Forecast, by Region, 2021-2034
- Table 5: North America Torpedo Market Revenue (USD Mn) Forecast, By Weight, 2021-2034
- Table 6: North America Torpedo Market Revenue (USD Mn) Forecast, By Launch Platform, 2021-2034
- Table 7: North America Torpedo Market Revenue (USD Mn) Forecast, by Propulsion, 2021-2034
- Table 8: North America Torpedo Market Revenue (USD Mn) Forecast, By Country, 2021-2034
- Table 9: The U.S. Torpedo Market Revenue (USD Mn) Forecast, By Weight, 2021-2034
- Table 10: The U.S. Torpedo Market Revenue (USD Mn) Forecast, By Launch Platform, 2021-2034
- Table 11: The U.S. Torpedo Market Revenue (USD Mn) Forecast, by Propulsion, 2021-2034
- Table 12: Canada Torpedo Market Revenue (USD Mn) Forecast, By Weight, 2021-2034
- Table 13: Canada Torpedo Market Revenue (USD Mn) Forecast, By Launch Platform, 2021-2034
- Table 14: Canada Torpedo Market Revenue (USD Mn) Forecast, by Propulsion, 2021-2034
- Table 15: Europe Torpedo Market Revenue (USD Mn) Forecast, By Weight, 2021-2034
- Table 16: Europe Torpedo Market Revenue (USD Mn) Forecast, By Launch Platform, 2021-2034
- Table 17: Europe Torpedo Market Revenue (USD Mn) Forecast, by Propulsion, 2021-2034
- Table 18: Europe Torpedo Market Revenue (USD Mn) Forecast, By Country, 2021-2034
- Table 19: The U.K. Torpedo Market Revenue (USD Mn) Forecast, By Weight, 2021-2034
- Table 20: The U.K. Torpedo Market Revenue (USD Mn) Forecast, By Launch Platform, 2021-2034
- Table 21: The U.K. Torpedo Market Revenue (USD Mn) Forecast, by Propulsion, 2021-2034
- Table 22: Germany Torpedo Market Revenue (USD Mn) Forecast, By Weight, 2021-2034
- Table 23: Germany Torpedo Market Revenue (USD Mn) Forecast, By Launch Platform, 2021-2034
- Table 24: Germany Torpedo Market Revenue (USD Mn) Forecast, by Propulsion, 2021-2034
- Table 25: France Torpedo Market Revenue (USD Mn) Forecast, By Weight, 2021-2034
- Table 26: France Torpedo Market Revenue (USD Mn) Forecast, By Launch Platform, 2021-2034
- Table 27: France Torpedo Market Revenue (USD Mn) Forecast, by Propulsion, 2021-2034
- Table 28: Russia Torpedo Market Revenue (USD Mn) Forecast, By Weight, 2021-2034
- Table 29: Russia Torpedo Market Revenue (USD Mn) Forecast, By Launch Platform, 2021-2034
- Table 30: Russia Torpedo Market Revenue (USD Mn) Forecast, by Propulsion, 2021-2034
- Table 31: Rest of Europe Torpedo Market Revenue (USD Mn) Forecast, By Weight, 2021-2034
- Table 32: Rest of Europe Torpedo Market Revenue (USD Mn) Forecast, By Launch Platform, 2021-2034
- Table 33: Rest of Europe Torpedo Market Revenue (USD Mn) Forecast, by Propulsion, 2021-2034
- Table 34: Asia Pacific Torpedo Market Revenue (USD Mn) Forecast, By Weight, 2021-2034
- Table 35: Asia Pacific Torpedo Market Revenue (USD Mn) Forecast, By Launch Platform, 2021-2034
- Table 36: Asia Pacific Torpedo Market Revenue (USD Mn) Forecast, by Propulsion, 2021-2034
- Table 37: Asia Pacific Torpedo Market Revenue (USD Mn) Forecast, By Country, 2021-2034
- Table 38: Japan Torpedo Market Revenue (USD Mn) Forecast, By Weight, 2021-2034
- Table 39: Japan Torpedo Market Revenue (USD Mn) Forecast, By Launch Platform, 2021-2034
- Table 40: Japan Torpedo Market Revenue (USD Mn) Forecast, by Propulsion, 2021-2034
- Table 41: China Torpedo Market Revenue (USD Mn) Forecast, By Weight, 2021-2034
- Table 42: China Torpedo Market Revenue (USD Mn) Forecast, By Launch Platform, 2021-2034
- Table 43: China Torpedo Market Revenue (USD Mn) Forecast, by Propulsion, 2021-2034
- Table 44: India Torpedo Market Revenue (USD Mn) Forecast, By Weight, 2021-2034
- Table 45: India Torpedo Market Revenue (USD Mn) Forecast, By Launch Platform, 2021-2034
- Table 46: India Torpedo Market Revenue (USD Mn) Forecast, by Propulsion, 2021-2034
- Table 47: Rest of Asia-Pacific Torpedo Market Revenue (USD Mn) Forecast, By Weight, 2021-2034
- Table 48: Rest of Asia-Pacific Torpedo Market Revenue (USD Mn) Forecast, By Launch Platform, 2021-2034
- Table 49: Rest of Asia-Pacific Torpedo Market Revenue (USD Mn) Forecast, by Propulsion, 2021-2034
- Table 50: Rest of the World Torpedo Market Revenue (USD Mn) Forecast, By Weight, 2021-2034
- Table 51: Rest of the World Torpedo Market Revenue (USD Mn) Forecast, By Launch Platform, 2021-2034
- Table 52: Rest of the World Torpedo Market Revenue (USD Mn) Forecast, by Propulsion, 2021-2034
- Table 53: Rest of the World Torpedo Market Revenue (USD Mn) Forecast, By Sub-region, 2021-2034
- Table 54: Latin America Torpedo Market Revenue (USD Mn) Forecast, By Weight, 2021-2034
- Table 55: Latin America Torpedo Market Revenue (USD Mn) Forecast, By Launch Platform, 2021-2034
- Table 56: Latin America Torpedo Market Revenue (USD Mn) Forecast, by Propulsion, 2021-2034
- Table 57: The Middle East and Africa Torpedo Market Revenue (USD Mn) Forecast, By Weight, 2021-2034
- Table 58: The Middle East and Africa Torpedo Market Revenue (USD Mn) Forecast, By Launch Platform, 2021-2034
- Table 59: The Middle East and Africa Torpedo Market Revenue (USD Mn) Forecast, by Propulsion, 2021-2034
- Table 60: Global Torpedo Market Share (%), by Key Players, 2025
List of Figures
- Figure 1: Global Torpedo Market Revenue Breakdown (USD Mn, %) by Region, 2025 & 2034
- Figure 2: Global Torpedo Market Value Share (%), By Weight, 2025 & 2034
- Figure 3: Global Torpedo Market Forecast (USD Mn), by Heavyweight Torpedoes , 2021-2034
- Figure 4: Global Torpedo Market Forecast (USD Mn), by Lightweight Torpedoes , 2021-2034
- Figure 5: Global Torpedo Market Value Share (%), By Launch Platform, 2025 & 2034
- Figure 6: Global Torpedo Market Forecast (USD Mn), by Air-launched, 2021-2034
- Figure 7: Global Torpedo Market Forecast (USD Mn), by Surface-Launched, 2021-2034
- Figure 8: Global Torpedo Market Forecast (USD Mn), by Underwater-Launched , 2021-2034
- Figure 9: Global Torpedo Market Value Share (%), by Propulsion, 2025 & 2034
- Figure 10: Global Torpedo Market Forecast (USD Mn), by Electric Propulsion, 2021-2034
- Figure 11: Global Torpedo Market Forecast (USD Mn), by Conventional Propulsion , 2021-2034
- Figure 12: Global Torpedo Market Value (USD Mn), by Region, 2025 & 2034
- Figure 13: North America Torpedo Market Value (USD Mn), By Weight, 2025 & 2034
- Figure 14: North America Torpedo Market Value Share (%), By Weight, 2025
- Figure 15: North America Torpedo Market Value (USD Mn), By Launch Platform, 2025 & 2034
- Figure 16: North America Torpedo Market Value Share (%), By Launch Platform, 2025
- Figure 17: North America Torpedo Market Value (USD Mn), by Propulsion, 2025 & 2034
- Figure 18: North America Torpedo Market Value Share (%), by Propulsion, 2025
- Figure 19: North America Torpedo Market Value (USD Mn), By Country, 2025 & 2034
- Figure 20: North America Torpedo Market Value Share (%), By Country, 2025
- Figure 21: Europe Torpedo Market Value (USD Mn), By Weight, 2025 & 2034
- Figure 22: Europe Torpedo Market Value Share (%), By Weight, 2025
- Figure 23: Europe Torpedo Market Value (USD Mn), By Launch Platform, 2025 & 2034
- Figure 24: Europe Torpedo Market Value Share (%), By Launch Platform, 2025
- Figure 25: Europe Torpedo Market Value (USD Mn), by Propulsion, 2025 & 2034
- Figure 26: Europe Torpedo Market Value Share (%), by Propulsion, 2025
- Figure 27: Europe Torpedo Market Value (USD Mn), By Country, 2025 & 2034
- Figure 28: Europe Torpedo Market Value Share (%), By Country, 2025
- Figure 29: Asia Pacific Torpedo Market Value (USD Mn), By Weight, 2025 & 2034
- Figure 30: Asia Pacific Torpedo Market Value Share (%), By Weight, 2025
- Figure 31: Asia Pacific Torpedo Market Value (USD Mn), By Launch Platform, 2025 & 2034
- Figure 32: Asia Pacific Torpedo Market Value Share (%), By Launch Platform, 2025
- Figure 33: Asia Pacific Torpedo Market Value (USD Mn), by Propulsion, 2025 & 2034
- Figure 34: Asia Pacific Torpedo Market Value Share (%), by Propulsion, 2025
- Figure 35: Asia Pacific Torpedo Market Value (USD Mn), By Country, 2025 & 2034
- Figure 36: Asia Pacific Torpedo Market Value Share (%), By Country, 2025
- Figure 37: Rest of the World Torpedo Market Value (USD Mn), By Weight, 2025 & 2034
- Figure 38: Rest of the World Torpedo Market Value Share (%), By Weight, 2025
- Figure 39: Rest of the World Torpedo Market Value (USD Mn), By Launch Platform, 2025 & 2034
- Figure 40: Rest of the World Torpedo Market Value Share (%), By Launch Platform, 2025
- Figure 41: Rest of the World Torpedo Market Value (USD Mn), by Propulsion, 2025 & 2034
- Figure 42: Rest of the World Torpedo Market Value Share (%), by Propulsion, 2025
- Figure 43: Rest of the World Torpedo Market Value (USD Mn), By Sub-region, 2025 & 2034
- Figure 44: Rest of the World Torpedo Market Value Share (%), By Sub-region, 2025
- Figure 45: Global Market Share (%) Analysis, By Manufacturers, 2025
