Global Torpedo Market 2017-2021: ATLAS ELEKTRONIK, BAE Systems, Lockheed Martin, Raytheon & Saab Leave Competitors in their Wake - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "Global Torpedo Market 2017-2021" report to their offering.

The global torpedo market to grow at a CAGR of 3.04% during the period 2017-2021.

The report covers the present scenario and the growth prospects of the global torpedo market for 2017-2021. To calculate the market size, the report considers the torpedo procurement deals and the investment by each of the three regions (Americas, EMEA, and APAC) into manufacturing and acquiring torpedoes. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is development of hybrid torpedoes. Yu-8 is hybrid missile-torpedo that has capabilities of both incorporated into a single weapon. This rocket-boosted torpedo can be launched from a variety of platforms like vertical launch system

According to the report, one of the major drivers for this market is advancements in undersea warfare. With rapid technical advancements happening in the field of undersea warfare, it is expected that the existing fleet of submarines would be replaced with more powerful and lethal ones. It is expected that close to 300 submarines will be present in the Indo-Pacific by 2030.

Further, the report states that one of the major factors hindering the growth of this market is focus on development of advanced submarine-launched ballistic missiles. Governments across the globe are seen increasing their investments on submarine-launched ballistic missiles (SLBMs) that usually have a higher impact, are faster, and have long-range capabilities. SLBMs also provide the flexibility of being launched from a torpedo tube.

Key Vendors:

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

Other Prominent Vendors:

  • Bharat Dynamics Limited (BDL)
  • DCNS
  • Honeywell International
  • Leonardo-Finmeccanica
  • Orbital ATK

Key Topics Covered:

Part 01: Executive summary

Part 02: Scope of the report

Part 03: Market research methodology

Part 04: Introduction

Part 05: Market landscape

Part 06: Market segmentation by application

Part 07: Geographical segmentation

Part 08: Market drivers

Part 09: Impact of drivers

Part 10: Market challenges

Part 11: Impact of drivers and challenges

Part 12: Market trends

Part 13: Vendor landscape

Part 14: Appendix

Part 15: Extras

For more information about this report visit http://www.researchandmarkets.com/research/3wg2ps/global_torpedo

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Missiles and Missiles Technology

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Missiles and Missiles Technology