Global Torpedo Market 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.
Technavio’s analysts forecast the Global Torpedo Market to grow at a CAGR of 3.37% during the period 2018-2022.
Covered in this report
The report covers the present scenario and the growth prospects of the torpedo market. To calculate the market size, the report considers the revenue generated from the sales of products for applications such as aerial platform-launched torpedoes and naval vessels-launched torpedoes.
The market is divided into the following segments based on geography:
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