A modern self guided torpedo is a self-propelled weapon with an explosive warhead, launched above or below the water surface, propelled underwater towards a target, and designed to detonate either on contact with its target or in proximity to it.
This report aims to provide a comprehensive presentation of the global market for Self Guided 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 Self Guided Torpedo. This report contains market size and forecasts of Self Guided Torpedo in global, including the following market information:
- Global Self Guided Torpedo Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Self Guided Torpedo Market Sales, 2018-2023, 2024-2029, (K Units)
Global top five Self Guided Torpedo companies in 2022 (%)
The global Self Guided Torpedo market was valued at US$ 1197.6 million in 2022 and is projected to reach US$ 1431.7 million by 2029, at a CAGR of 2.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The increased production of light weight torpedoes is likely to significantly boost the Self Guided Torpedo market, going forward. Lockheed Martin along with other key Self Guided Torpedo manufacturers like Raytheon and Leonardo is most likely to benefit from such favorable projections in the years ahead.
The consumption of Self Guided Torpedo is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Self Guided Torpedo industry may not keep that fast. But it is surely forecasted that the market of Self Guided Torpedo is still promising.
We surveyed the Self Guided 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 Self Guided Torpedo Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Self Guided Torpedo Market Segment Percentages, by Type, 2022 (%)
- Heavyweight Torpedo
- Lightweight Torpedo
Global Self Guided Torpedo Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Self Guided Torpedo Market Segment Percentages, by Application, 2022 (%)
- Submarine
- Surface Ship
- Helicopter or Fixed Wing Aircraft
Global Self Guided Torpedo Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K Units)
Global Self Guided 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 Self Guided Torpedo revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Self Guided Torpedo revenues share in global market, 2022 (%)
- Key companies Self Guided Torpedo sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Self Guided Torpedo sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Leonardo
- Norinco Group
- Lockheed Martin
- Raytheon
- Atlas Elektronik
- Saab AB
- Tactical Missiles Corporation,
- Bharat Dynamics
- DCNS
- Mitsubishi
- Outline of Major Chapters:
- Chapter 1: Introduces the definition of Self Guided Torpedo, market overview.
- Chapter 2: Global Self Guided Torpedo market size in revenue and volume.
- Chapter 3: Detailed analysis of Self Guided 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 Self Guided 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 Self Guided 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.