Torpedo Market Size, Share & Trends Analysis Report By Weight (Heavyweight Torpedoes, Lightweight Torpedoes), By Launch Platform (Air-Launched, Surface-Launched, Underwater-Launched), By Propulsion (Electric Propulsion, Conventional Propulsion) and By Region (North America, Europe, APAC, Middle East and Africa, LATAM) Forecasts, 2026-2034

Last Updated: May 25, 2026 | Author: Pavan Warade | Format:

Table Of Content

  1. Executive Summary

  2. Research Scope & Segmentation
    1. Research Objectives
    2. Limitations & Assumptions
    3. Market Scope & Segmentation
    4. Currency & Pricing Considered
  3. Market Opportunity Assessment
    1. Emerging Regions / Countries
    2. Emerging Companies
    3. Emerging Applications / End Use
  4. Market Trends
    1. Drivers
    2. Market Warning Factors
    3. Macro Economic Indicators
    4. Geopolitical Impact
    5. Technology Factors
  5. Market Assessment
    1. Porters Five Forces Analysis
    2. Value Chain Analysis
  6. Torpedo Market Size Analysis
    1. Introduction
    2. Torpedo Market Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
      1. Heavyweight Torpedoes 
      2. Lightweight Torpedoes 
    3. Torpedo Market Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
      1. Air-Launched 
      2. Surface-Launched 
      3. Underwater-Launched 
    4. Torpedo Market Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
      1. Electric Propulsion 
      2. Conventional Propulsion
  7. North America Torpedo Market Size Analysis
    1. Introduction
    2. Torpedo Market Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
      1. Heavyweight Torpedoes 
      2. Lightweight Torpedoes 
    3. Torpedo Market Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
      1. Air-Launched 
      2. Surface-Launched 
      3. Underwater-Launched 
    4. Torpedo Market Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
      1. Electric Propulsion 
      2. Conventional Propulsion
    5. U.S.
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    6. Canada
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
  8. Europe Torpedo Market Size Analysis
    1. Introduction
    2. Torpedo Market Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
      1. Heavyweight Torpedoes 
      2. Lightweight Torpedoes 
    3. Torpedo Market Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
      1. Air-Launched 
      2. Surface-Launched 
      3. Underwater-Launched 
    4. Torpedo Market Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
      1. Electric Propulsion 
      2. Conventional Propulsion
    5. U.K.
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    6. Germany
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    7. France
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    8. Spain
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    9. Italy
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    10. Russia
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    11. Nordic
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    12. Benelux
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    13. Rest of Europe
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
  9. APAC Torpedo Market Size Analysis
    1. Introduction
    2. Torpedo Market Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
      1. Heavyweight Torpedoes 
      2. Lightweight Torpedoes 
    3. Torpedo Market Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
      1. Air-Launched 
      2. Surface-Launched 
      3. Underwater-Launched 
    4. Torpedo Market Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
      1. Electric Propulsion 
      2. Conventional Propulsion
    5. China
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    6. Korea
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    7. Japan
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    8. India
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    9. Australia
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    10. Taiwan
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    11. South East Asia
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    12. Rest of Asia-Pacific
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
  10. Middle East and Africa Torpedo Market Size Analysis
    1. Introduction
    2. Torpedo Market Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
      1. Heavyweight Torpedoes 
      2. Lightweight Torpedoes 
    3. Torpedo Market Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
      1. Air-Launched 
      2. Surface-Launched 
      3. Underwater-Launched 
    4. Torpedo Market Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
      1. Electric Propulsion 
      2. Conventional Propulsion
    5. UAE
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    6. Turkey
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    7. Saudi Arabia
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    8. South Africa
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    9. Egypt
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    10. Nigeria
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    11. Rest of MEA
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
  11. LATAM Torpedo Market Size Analysis
    1. Introduction
    2. Torpedo Market Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
      1. Heavyweight Torpedoes 
      2. Lightweight Torpedoes 
    3. Torpedo Market Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
      1. Air-Launched 
      2. Surface-Launched 
      3. Underwater-Launched 
    4. Torpedo Market Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
      1. Electric Propulsion 
      2. Conventional Propulsion
    5. Brazil
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    6. Mexico
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    7. Argentina
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    8. Chile
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    9. Colombia
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
    10. Rest of LATAM
      1. Introduction
      2. Market Size & Forecast By Weight 2022-2034 (USD MILLION/ Units)
        1. Heavyweight Torpedoes 
        2. Lightweight Torpedoes 
      3. Market Size & Forecast By Launch Platform 2022-2034 (USD MILLION/ Units)
        1. Air-Launched 
        2. Surface-Launched 
        3. Underwater-Launched 
      4. Market Size & Forecast By Propulsion 2022-2034 (USD MILLION/ Units)
        1. Electric Propulsion 
        2. Conventional Propulsion
  12. Competitive Landscape
    1. Torpedo Market Share By Players
    2. M&A Agreements & Collaboration Analysis
    3. Tier Structure Analysis
    4. Recent Developments
  13. Market Players Assessment
    1. Leonardo S.p.A.
      1. Overview
      2. Business Information
      3. Revenue
      4. ASP
      5. SWOT Analysis
      6. Recent Developments
    2. BAE Systems
    3. ASELSAN A.S.
    4. Northrop Grumman
    5. Atlas Elektronik GmbH
    6. Bharat Dynamics Limited
    7. Naval Group
    8. Saab
    9. Rosoboronexport
    10. Raytheon Technologies
  14. Research Methodology
    1. Research Data
      1. Secondary Data
        1. Major Secondary Sources
        2. Key Data from Secondary Sources
      2. Primary Data
        1. Key Data from Primary Sources
        2. Breakdown of Primaries
      3. Secondary And Primary Research
        1. Key Industry Insights
    2. Market Size Estimation
      1. Bottom-Up Approach
      2. Top-Down Approach
      3. Market Projection
    3. Research Assumptions
      1. Assumptions
    4. Limitations
    5. Risk Assessment
  15. Appendix
    1. Discussion Guide
    2. Customization Options
    3. Related Reports

  16. Disclaimer

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