Surat Samachar

Torpedo Market Insight, Size, Revenue, Growth Opportunities, Competitive Analysis, Trends and Demand by 2025

 Breaking News
  • No posts were found

Torpedo Market Insight, Size, Revenue, Growth Opportunities, Competitive Analysis, Trends and Demand by 2025

October 10
04:32 2020
According to IMARC Group, the torpedo market to grow at a CAGR of around 4% during 2020-2025.

According to IMARC Group, the torpedo market to grow at a CAGR of around 4% during 2020-2025. A torpedo is an underwater weapon used to destroy the hulls of other submarines and surface vessels. It is a cigar-shaped, self-propelled weapon launched from a submarine, an aircraft, or a ship, and is often adopted in marine warfare. The torpedo includes complex devices that control the depth and direction as per the signals received from an outside source and detonate the explosive-filled warhead as it strikes or comes close to the target.

Request for a free sample copy of this research report: https://www.imarcgroup.com/torpedo-market/requestsample

The rising number of cross-border conflicts has propelled the governing agencies to include efficient and advanced defense systems that can be deployed on a combat basis. Moreover, the rising investments in the upgradation of the existing naval infrastructures, particularly across the developed economies, are also propelling the demand for torpedoes. Furthermore, numerous technological advancements have led to the emergence of electric propulsion, advanced navigation, and mini torpedoes, thereby augmenting the market growth. Additionally, the growing investments in extensive R&D activities to enhance connectivity between submarines and weapons, intelligent controllers, and ultra-broadband arrays, are expected to strengthen the market growth in the coming years.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/torpedo-market

Report Coverage

Breakup by Weight:

  • Heavyweight Torpedoes
  • Lightweight Torpedoes

Breakup by Launch Platform:

  • Sea-launched
    • Surface-launched
    • Underwater-launched
  • Air-launched

Breakup by Propulsion:

  • Electric
  • Conventional

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined with some of the key players being Aselsan, Atlas Elektronik GmbH, BAE Systems, Bharat Dynamics Limited, Leonardo SpA, Lockheed Martin Corporation, Naval Group, Northrop Grumman Corporation, Raytheon Company, Rosoboronexport, Saab AB, etc.

Browse Related report

 

https://www.imarcgroup.com/thermal-energy-storage-market

https://www.imarcgroup.com/centrifugal-pump-market

https://www.imarcgroup.com/paper-bags-market

Media Contact
Company Name: IMARC Group
Contact Person: Elena Anderson
Email: Send Email
Phone: +1 6317911145
Address:30 N Gould St, Ste R
City: Sheridan
State: WY 82801
Country: United States
Website: https://www.imarcgroup.com/

Related Articles