Torpedo Market Size, Share & Trends Analysis Report By Weight (Heavyweight Torpedoes, Lightweight Torpedoes), By Launch Platform (Submarine-launched, Surface-launched, Air-launched), By Propulsion (Electric Propulsion, Thermal Propulsion, Hybrid Propulsion), By Guidance System (Acoustic Homing, Wake Homing, Wire-guided, Autonomous Guidance), By End User (Navy, Coast Guard & Maritime Security Agencies) and By Region (North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2026-2034

Last Updated: August 26, 2026 | Author: Sumanta Mahato | Format:

Market Segmentation

  1. Torpedo Market, By Weight 2022-2034 (USD MILLION/ Units)
    1. Heavyweight Torpedoes
    2. Lightweight Torpedoes
  2. Torpedo Market, By Launch Platform 2022-2034 (USD MILLION/ Units)
    1. Submarine-launched
    2. Surface-launched
    3. Air-launched
  3. Torpedo Market, By Propulsion 2022-2034 (USD MILLION/ Units)
    1. Electric Propulsion
    2. Thermal Propulsion
    3. Hybrid Propulsion
  4. Torpedo Market, By Guidance System 2022-2034 (USD MILLION/ Units)
    1. Acoustic Homing
    2. Wake Homing
    3. Wire-guided
    4. Autonomous Guidance
  5. Torpedo Market, By End User 2022-2034 (USD MILLION/ Units)
    1. Navy
    2. Coast Guard & Maritime Security Agencies
  6. Regional Torpedo Market
    1. North America
      1. North America Torpedo Market By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
      2. North America Torpedo Market By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Submarine-launched
        2. Surface-launched
        3. Air-launched
      3. North America Torpedo Market By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion
        2. Thermal Propulsion
        3. Hybrid Propulsion
      4. North America Torpedo Market By Guidance System 2022-2034 (USD MILLION/ Units)
        1. Acoustic Homing
        2. Wake Homing
        3. Wire-guided
        4. Autonomous Guidance
      5. North America Torpedo Market By End User 2022-2034 (USD MILLION/ Units)
        1. Navy
        2. Coast Guard & Maritime Security Agencies
      6. U.S.
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      7. Canada
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
    2. Europe
      1. Europe Torpedo Market By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
      2. Europe Torpedo Market By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Submarine-launched
        2. Surface-launched
        3. Air-launched
      3. Europe Torpedo Market By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion
        2. Thermal Propulsion
        3. Hybrid Propulsion
      4. Europe Torpedo Market By Guidance System 2022-2034 (USD MILLION/ Units)
        1. Acoustic Homing
        2. Wake Homing
        3. Wire-guided
        4. Autonomous Guidance
      5. Europe Torpedo Market By End User 2022-2034 (USD MILLION/ Units)
        1. Navy
        2. Coast Guard & Maritime Security Agencies
      6. U.K.
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      7. Germany
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      8. France
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      9. Spain
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      10. Italy
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      11. Russia
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      12. Nordic
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      13. Benelux
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      14. Rest of Europe
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
    3. APAC
      1. APAC Torpedo Market By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
      2. APAC Torpedo Market By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Submarine-launched
        2. Surface-launched
        3. Air-launched
      3. APAC Torpedo Market By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion
        2. Thermal Propulsion
        3. Hybrid Propulsion
      4. APAC Torpedo Market By Guidance System 2022-2034 (USD MILLION/ Units)
        1. Acoustic Homing
        2. Wake Homing
        3. Wire-guided
        4. Autonomous Guidance
      5. APAC Torpedo Market By End User 2022-2034 (USD MILLION/ Units)
        1. Navy
        2. Coast Guard & Maritime Security Agencies
      6. China
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      7. Korea
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      8. Japan
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      9. India
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      10. Australia
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      11. Taiwan
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      12. South East Asia
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      13. Rest of Asia-Pacific
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
    4. Middle East and Africa
      1. Middle East and Africa Torpedo Market By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
      2. Middle East and Africa Torpedo Market By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Submarine-launched
        2. Surface-launched
        3. Air-launched
      3. Middle East and Africa Torpedo Market By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion
        2. Thermal Propulsion
        3. Hybrid Propulsion
      4. Middle East and Africa Torpedo Market By Guidance System 2022-2034 (USD MILLION/ Units)
        1. Acoustic Homing
        2. Wake Homing
        3. Wire-guided
        4. Autonomous Guidance
      5. Middle East and Africa Torpedo Market By End User 2022-2034 (USD MILLION/ Units)
        1. Navy
        2. Coast Guard & Maritime Security Agencies
      6. UAE
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      7. Turkey
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      8. Saudi Arabia
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      9. South Africa
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      10. Egypt
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      11. Nigeria
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      12. Rest of MEA
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
    5. LATAM
      1. LATAM Torpedo Market By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
      2. LATAM Torpedo Market By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Submarine-launched
        2. Surface-launched
        3. Air-launched
      3. LATAM Torpedo Market By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion
        2. Thermal Propulsion
        3. Hybrid Propulsion
      4. LATAM Torpedo Market By Guidance System 2022-2034 (USD MILLION/ Units)
        1. Acoustic Homing
        2. Wake Homing
        3. Wire-guided
        4. Autonomous Guidance
      5. LATAM Torpedo Market By End User 2022-2034 (USD MILLION/ Units)
        1. Navy
        2. Coast Guard & Maritime Security Agencies
      6. Brazil
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      7. Mexico
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      8. Argentina
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      9. Chile
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      10. Colombia
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies
      11. Rest of LATAM
        1. Heavyweight Torpedoes
        2. Lightweight Torpedoes
        3. Submarine-launched
        4. Surface-launched
        5. Air-launched
        6. Electric Propulsion
        7. Thermal Propulsion
        8. Hybrid Propulsion
        9. Acoustic Homing
        10. Wake Homing
        11. Wire-guided
        12. Autonomous Guidance
        13. Navy
        14. Coast Guard & Maritime Security Agencies

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