Torpedo Market

The global torpedo market is currently experiencing a healthy growth. A torpedo is a cigar-shaped, self-propelled underwater weapon that is launched from a submarine, ship or an aircraft to rupture the hulls of other submarines and surface vessels. It is one of the most preferred weapons that are utilized in marine warfare. The torpedo comprises intricate devices for controlling the depth and direction according to the signals received from an outside source and detonating the explosive-filled warhead when it strikes the target or comes close to it. At present, the demand for torpedoes is continuously rising owing to the growing threat of terrorism across the globe.

The rising conflicts among different countries are encouraging governing agencies to increase their investments in the defense and military sector. This represents one of the major factors bolstering the global torpedo market growth. Besides this, they are also spending on the upgradation of their existing naval systems, especially the developed economies, which is positively influencing the sales of torpedoes. Furthermore, the introduction of advanced technologies, such as electric propulsion, advanced navigation and mini torpedoes, is escalating the market growth. Among these, electric propulsion torpedoes are currently gaining preference around the world on account of their advanced capabilities, such as high speed and fewer vibrations. Apart from this, the increasing investments in the research and development (R&D) activities to improve connectivity between submarines and weapons, intelligent controllers and ultra-broadband arrays are expected to strengthen the market growth in the upcoming years. Looking forward, IMARC Group expects the market to grow at a CAGR of around 4% during 2020-2025.

Breakup by Weight:

• Heavyweight Torpedoes
• Lightweight Torpedoes
   

Breakup by Launch Platform:

• Sea-launched
  • Surface-launched
  • Underwater-launched
• Air-launched
   

Breakup by Propulsion:

• Electric
• Conventional
   

Breakup by Region:

• North America
  • United States
  • Canada
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Australia
  • Indonesia
  • Others
• Europe
  • Germany
  • France
  • United Kingdom
  • Italy
  • Spain
  • Russia
  • Others
• Latin America
  • Brazil
  • Mexico
  • Others
• Middle East and Africa
   

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Aselsan, Atlas Elektronik GmbH, BAE Systems, Bharat Dynamics Limited, Leonardo SpA, Lockheed Martin Corporation, Naval Group, Northrop Grumman Corporation, Raytheon Company, Rosoboronexport, Saab AB, etc.

Key Questions Answered in This Report:

• How has the global torpedo market performed so far and how will it perform in the coming years?
• What are the key regional markets?
• What is the breakup of the market based on the weight?
• What is the breakup of the market based on the launch platform?
• What is the breakup of the market based on the propulsion?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the global torpedo market and who are the key players?
• What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology 
    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction
    4.1    Overview
    4.2    Key Industry Trends
5    Global Torpedo Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Market Forecast
6    Market Breakup by Weight
    6.1    Heavyweight Torpedoes
        6.1.1 Market Trends
        6.1.2 Market Forecast
    6.2    Lightweight Torpedoes
        6.2.1 Market Trends
        6.2.2 Market Forecast
7    Market Breakup by Launch Platform
    7.1    Sea-launched
        7.1.1 Market Trends
        7.1.2 Major Types
             7.1.2.1 Surface-launched
             7.1.2.2 Underwater-launched
        7.1.3 Market Forecast
    7.2    Air-launched
        7.2.1 Market Trends
        7.2.2 Market Forecast
8    Market Breakup by Propulsion
    8.1    Electric
        8.1.1 Market Trends
        8.1.2 Market Forecast
    8.2    Conventional
        8.2.1 Market Trends
        8.2.2 Market Forecast
9    Market Breakup by Region
    9.1    North America
        9.1.1 United States
           9.1.1.1 Market Trends
           9.1.1.2 Market Forecast
        9.1.2 Canada
           9.1.2.1 Market Trends
           9.1.2.2 Market Forecast
    9.2    Asia Pacific
        9.2.1 China
           9.2.1.1 Market Trends
           9.2.1.2 Market Forecast
        9.2.2 Japan
           9.2.2.1 Market Trends
           9.2.2.2 Market Forecast
        9.2.3 India
           9.2.3.1 Market Trends
           9.2.3.2 Market Forecast
        9.2.4 South Korea
           9.2.4.1 Market Trends
           9.2.4.2 Market Forecast
        9.2.5 Australia
           9.2.5.1 Market Trends
           9.2.5.2 Market Forecast
        9.2.6 Indonesia
           9.2.6.1 Market Trends
           9.2.6.2 Market Forecast
        9.2.7 Others
           9.2.7.1 Market Trends
           9.2.7.2 Market Forecast
    9.3    Europe
        9.3.1 Germany
           9.3.1.1 Market Trends
           9.3.1.2 Market Forecast
        9.3.2 France
           9.3.2.1 Market Trends
           9.3.2.2 Market Forecast
        9.3.3 United Kingdom
           9.3.3.1 Market Trends
           9.3.3.2 Market Forecast
        9.3.4 Italy
           9.3.4.1 Market Trends
           9.3.4.2 Market Forecast
        9.3.5 Spain
           9.3.5.1 Market Trends
           9.3.5.2 Market Forecast
        9.3.6 Russia
           9.3.6.1 Market Trends
           9.3.6.2 Market Forecast
        9.3.7 Others
           9.3.7.1 Market Trends
           9.3.7.2 Market Forecast
    9.4    Latin America
        9.4.1 Brazil
           9.4.1.1 Market Trends
           9.4.1.2 Market Forecast
        9.4.2 Mexico
           9.4.2.1 Market Trends
           9.4.2.2 Market Forecast
        9.4.3 Others
           9.4.3.1 Market Trends
           9.4.3.2 Market Forecast
    9.5    Middle East and Africa
        9.5.1 Market Trends
        9.5.2 Market Breakup by Country
        9.5.3 Market Forecast
10    SWOT Analysis
    10.1    Overview
    10.2    Strengths
    10.3    Weaknesses
    10.4    Opportunities
    10.5    Threats
11    Value Chain Analysis
    11.1    Overview
    11.2    Inbound Logistics
    11.3    Operations
    11.4    Outbound Logistics
    11.5    Marketing and Sales
    11.6    Post Sales Services
12    Porters Five Forces Analysis
    12.1    Overview
    12.2    Bargaining Power of Buyers
    12.3    Bargaining Power of Suppliers
    12.4    Degree of Competition
    12.5    Threat of New Entrants
    12.6    Threat of Substitutes
13    Price Indicators
14    Competitive Landscape
    14.1    Market Structure
    14.2    Key Players
    14.3    Profiles of Key Players
        14.3.1    Aselsan 
           14.3.1.1 Company Overview
           14.3.1.2 Product Portfolio 
           14.3.1.3 Financials
        14.3.2    Atlas Elektronik GmbH
           14.3.2.1 Company Overview
           14.3.2.2 Product Portfolio 
           14.3.2.3 Financials
        14.3.3    BAE Systems
           14.3.3.1 Company Overview
           14.3.3.2 Product Portfolio 
           14.3.3.3 Financials
        14.3.4    Bharat Dynamics Limited
           14.3.4.1 Company Overview
           14.3.4.2 Product Portfolio 
           14.3.4.3 Financials
        14.3.5    Leonardo SpA
           14.3.5.1 Company Overview
           14.3.5.2 Product Portfolio 
           14.3.5.3 Financials
           14.3.5.4 SWOT Analysis
        14.3.6    Lockheed Martin Corporation
           14.3.6.1 Company Overview
           14.3.6.2 Product Portfolio 
           14.3.6.3 Financials
           14.3.6.4 SWOT Analysis
        14.3.7    Naval Group
           14.3.7.1 Company Overview
           14.3.7.2 Product Portfolio 
           14.3.7.3 Financials
        14.3.8    Northrop Grumman Corporation
           14.3.8.1 Company Overview
           14.3.8.2 Product Portfolio 
           14.3.8.3 Financials
           14.3.8.4 SWOT Analysis
        14.3.9    Raytheon Company
           14.3.9.1 Company Overview
           14.3.9.2 Product Portfolio 
           14.3.9.3 Financials
           14.3.9.4 SWOT Analysis
        14.3.10    Rosoboronexport
           14.3.10.1 Company Overview
           14.3.10.2 Product Portfolio 
        14.3.11    Saab AB
           14.3.11.1 Company Overview
           14.3.11.2 Product Portfolio 

List of Figures

Figure 1: Global: Torpedo Market: Major Drivers and Challenges
Figure 2: Global: Torpedo Market: Sales Value (in Million US$), 2014-2019
Figure 3: Global: Torpedo Market: Breakup by Weight (in %), 2019
Figure 4: Global: Torpedo Market: Breakup by Launch Platform (in %), 2019
Figure 5: Global: Torpedo Market: Breakup by Propulsion (in %), 2019
Figure 6: Global: Torpedo Market: Breakup by Region (in %), 2019
Figure 7: Global: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 8: Global: Torpedo (Heavyweight Torpedoes) Market: Sales Value (in Million US$), 2014 & 2019
Figure 9: Global: Torpedo (Heavyweight Torpedoes) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 10: Global: Torpedo (Lightweight Torpedoes) Market: Sales Value (in Million US$), 2014 & 2019
Figure 11: Global: Torpedo (Lightweight Torpedoes) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 12: Global: Torpedo (Sea-launched) Market: Sales Value (in Million US$), 2014 & 2019
Figure 13: Global: Torpedo (Sea-launched) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 14: Global: Torpedo (Air-launched) Market: Sales Value (in Million US$), 2014 & 2019
Figure 15: Global: Torpedo (Air-launched) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 16: Global: Torpedo (Electric) Market: Sales Value (in Million US$), 2014 & 2019
Figure 17: Global: Torpedo (Electric) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 18: Global: Torpedo (Conventional) Market: Sales Value (in Million US$), 2014 & 2019
Figure 19: Global: Torpedo (Conventional) Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 20: North America: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 21: North America: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 22: United States: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 23: United States: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 24: Canada: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 25: Canada: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 26: Asia Pacific: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 27: Asia Pacific: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 28: China: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 29: China: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 30: Japan: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 31: Japan: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 32: India: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 33: India: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 34: South Korea: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 35: South Korea: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 36: Australia: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 37: Australia: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 38: Indonesia: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 39: Indonesia: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 40: Others: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 41: Others: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 42: Europe: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 43: Europe: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 44: Germany: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 45: Germany: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 46: France: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 47: France: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 48: United Kingdom: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 49: United Kingdom: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 50: Italy: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 51: Italy: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 52: Spain: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 53: Spain: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 54: Russia: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 55: Russia: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 56: Others: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 57: Others: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 58: Latin America: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 59: Latin America: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 60: Brazil: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 61: Brazil: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 62: Mexico: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 63: Mexico: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 64: Others: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 65: Others: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 66: Middle East and Africa: Torpedo Market: Sales Value (in Million US$), 2014 & 2019
Figure 67: Middle East and Africa: Torpedo Market Forecast: Sales Value (in Million US$), 2020-2025
Figure 68: Global: Torpedo Industry: SWOT Analysis
Figure 69: Global: Torpedo Industry: Value Chain Analysis
Figure 70: Global: Torpedo Industry: Porter’s Five Forces Analysis

List of Tables

Table 1: Global: Torpedo Market: Key Industry Highlights, 2019 and 2025
Table 2: Global: Torpedo Market Forecast: Breakup by Weight (in Million US$), 2020-2025
Table 3: Global: Torpedo Market Forecast: Breakup by Launch Platform (in Million US$), 2020-2025
Table 4: Global: Torpedo Market Forecast: Breakup by Propulsion (in Million US$), 2020-2025
Table 5: Global: Torpedo Market Forecast: Breakup by Region (in Million US$), 2020-2025
Table 6: Global: Torpedo Market: Competitive Structure
Table 7: Global: Torpedo Market: Key Players