Global Torpedo Market 2018-2022

Global Torpedo Market 2018-2022

  • June 2018 •
  • 105 pages •
  • Report ID: 4611077 •
  • Format: PDF
About torpedo

Torpedoes are integral in modern-day naval combat and are used in a range of applications. The increasing demand for torpedoes is owing to their versatility that enables them to be launched from various platforms such as fixed-wing aircraft and helicopters to submarines and surface ships.
Technavio’s analysts forecast the Global Torpedo Market to grow at a CAGR of 3.37% during the period 2018-2022.

Covered in this report
The report covers the present scenario and the growth prospects of the torpedo market. To calculate the market size, the report considers the revenue generated from the sales of products for applications such as aerial platform-launched torpedoes and naval vessels-launched torpedoes.

The market is divided into the following segments based on geography:

Technavio’s report, Global Torpedo Market 2018-2022, 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 vendors operating in this market.

Key vendors
•BAE Systems
•Lockheed Martin

Market driver
• Increasing investments in undersea capabilities
• For a full, detailed list, view our report

Market challenge
• Incremental expenditure in torpedo defense system
• For a full, detailed list, view our report

Market trend
• Development of hybrid torpedoes
• For a full, detailed list, view our report

Key questions answered in this report
• What will the market size be in 2022 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 vendors in 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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