Global Self Guided Torpedo Market Growth 2025-2031

The global Self Guided Torpedo market size is predicted to grow from US$ 1200 million in 2025 to US$ 1417 million in 2031; it is expected to grow at a CAGR of 2.8% from 2025 to 2031.

A modern self guided torpedo is a self-propelled weapon with an explosive warhead, launched above or below the water surface, propelled underwater towards a target, and designed to detonate either on contact with its target or in proximity to it.

The increased production of light weight torpedoes is likely to significantly boost the Self Guided Torpedo market, going forward. Lockheed Martin along with other key Self Guided Torpedo manufacturers like Raytheon and Leonardo is most likely to benefit from such favorable projections in the years ahead.

The consumption of Self Guided Torpedo is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Self Guided Torpedo industry may not keep that fast. But it is surely forecasted that the market of Self Guided Torpedo is still promising.

LP Information, Inc. (LPI) ' newest research report, the “Self Guided Torpedo Industry Forecast” looks at past sales and reviews total world Self Guided Torpedo sales in 2024, providing a comprehensive analysis by region and market sector of projected Self Guided Torpedo sales for 2025 through 2031. With Self Guided Torpedo sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Self Guided Torpedo industry.

This Insight Report provides a comprehensive analysis of the global Self Guided Torpedo landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Self Guided Torpedo portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Self Guided Torpedo market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Self Guided Torpedo and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Self Guided Torpedo.

This report presents a comprehensive overview, market shares, and growth opportunities of Self Guided Torpedo market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Heavyweight Torpedo
Lightweight Torpedo

Segmentation by Application:
Submarine
Surface Ship
Helicopter or Fixed Wing Aircraft

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Leonardo
Norinco Group
Lockheed Martin
Raytheon
Atlas Elektronik
Saab AB
Tactical Missiles Corporation,
Bharat Dynamics
DCNS
Mitsubishi

Key Questions Addressed in this Report

What is the 10-year outlook for the global Self Guided Torpedo market?

What factors are driving Self Guided Torpedo market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Self Guided Torpedo market opportunities vary by end market size?

How does Self Guided Torpedo break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.