Companies Dominating the Torpedo Landscape
- Lockheed Martin Corporation
- Company Overview
- Business Strategy
- Key Product Offerings
- Financial Performance
- Key Performance Indicators
- Risk Analysis
- Recent Development
- Regional Presence
- SWOT Analysis
- Leonardo S.p.A
- Raytheon Technologies Corporation
- Rosoboronexport
- Saab AB
- BAE Systems
- Bharat Dynamics Ltd.
- Atlas Elektronik GmbH
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
In the year 2025, the industry size of torpedo is evaluated at USD 1.16 billion.
Torpedo Market size was valued at USD 1.11 billion in 2024 and is expected to reach USD 2.31 billion by 2037, registering around 5.8% CAGR during the forecast period i.e., between 2025-2037.
North America industry is estimated to dominate majority revenue share by 2037, as development of innovative technologies as well as huge investments in naval procurements combined with the growing emphasis on developing ship combat systems are met in the region.
The major players in the market are Lockheed Martin Corporation, Leonardo S.p.A, Raytheon Technologies Corporation, Rosoboronexport, Saab AB, BAE Systems, Bharat Dynamics Ltd., Atlas Elektronik GmbH, and others.
