Market Overview

Global Torpedo Market Analysis, Trends, Drivers, Challenges & Forecasts 2018-2022, With an Expected CAGR of 3.37% - ResearchAndMarkets.com

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The "Global
Torpedo Market 2018-2022"
report has been added to ResearchAndMarkets.com's
offering.

The analysts forecast the Global Torpedo Market to grow at a CAGR of
3.37% during the period 2018-2022.

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.

The development of hybrid torpedoes will be a key trend driving market
growth. Hybrid propulsion systems offer improved efficiency in
comparison to conventional systems. With high efficiency at low speeds,
the range of the attack is improved with sufficient power left for
high-speed operation. With these improvements in operating efficiency
and endurance, hybrid torpedoes are equipped with the capability to
perform a wide range of missions.

The Increasing investments in undersea capabilities will drive the
market growth. With the rapid pace of technological advancement in
undersea warfare, there is need to replace existing submarines with
improved and lethal warfare systems. Manufacturers are focusing on
equipping the submarines with features such as endurance, stealth,
underwater weapon systems, sensors, and communication systems.

The report states that the incremental expenditure in torpedo defense
system will impact the market growth. The advancements in anti-submarine
torpedoes drive the investments in torpedo countermeasure systems. The
manufacturers deploy cost-effective, lightweight, high-performance,
stationery jammers, and mobile target emulators, to protect the threat
from acoustic homing torpedoes.

Companies Mentioned

  • ATLAS ELEKTRONIK
  • BAE Systems
  • Leonardo
  • Lockheed Martin
  • Raytheon
  • Saab

Key Topics Covered:

01. Executive Summary

02. Scope Of The Report

03. Research Methodology

04. Market Landscape

05. Market Sizing

06. Five Forces Analysis

07. Market Segmentation By Application

08. Customer Landscape

09. Regional Landscape

10. Decision Framework

11. Drivers And Challenges

12. Market Trends

13. Vendor Landscape

14. Vendor Analysis

15. Appendix

For more information about this report visit https://www.researchandmarkets.com/research/9clkbv/global_torpedo?w=4

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