Market Overview The global torpedo market continues to play a critical role in modern naval warfare and maritime defense strategies. Torpedoes are self-propelled guided underwater weapons designed for anti-submarine and anti-surface ship operations, valued for their high speed, extended range, lethality, and low detectability compared to other naval armaments. According to Polaris...

Market Overview The global torpedo market continues to play a critical role in modern naval warfare and maritime defense strategies. Torpedoes are self-propelled guided underwater weapons designed for anti-submarine and anti-surface ship operations, valued for their high speed, extended range, lethality, and low detectability compared to other naval armaments. According to Polaris...

The global defense landscape is undergoing a significant transformation, driven by geopolitical tensions, maritime border disputes, and the urgent need for modernization of naval warfare capabilities. At the forefront of undersea warfare strategy is the development and deployment of advanced torpedo systems. Among these, thermal power torpedoes have emerged as a critical asset for...

According to a new report from Intel Market Research, the global Torpedo Defense System (Surface Ship) market was valued at USD 1.43 billion in 2025 and is projected to reach USD 2.45 billion by 2034, growing at a robust CAGR of 6.2% during the forecast period (2025–2034). This growth is propelled by rising geopolitical tensions, naval modernization programs across major fleets, and...