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The Torpedo Market has been segmented by Weight (Heavy-weight Torpedoes, and Light-weight Torpedoes), Launch Platform (Sea-launched, and Air-launched),<br>
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Title: TORPEDO MARKET - GROWTH, TRENDS, COVID-19 IMPACT, AND FORECASTS (2021 - 2030). Keywords: TORPEDO MARKET Description: The Torpedo Market has been segmented by Weight (Heavy-weight Torpedoes, and Light-weight Torpedoes), Launch Platform (Sea-launched, and Air-launched), Market Overview The global torpedo market has been segmented based on operation, launch platform, propulsion, type, and region. Based on operation, the torpedo market is divided into autonomous and guided torpedo operations. The autonomous torpedo segment is estimated to account for the larger market share while the guided torpedo segment is projected to witness a higher CAGR during the forecast period. As the autonomous torpedo operations are extremely effective during combat operations, majorly due to its high-speed and highly-maneuverable capability, they accounted for the larger market share. Based on type, the torpedo market is segmented into heavy weight and light weight torpedoes. As the heavy weight torpedoes can be equipped with lethal warheads and result in higher damage as compared to the light weight torpedoes, the heavy weight torpedo segment accounted for the larger market share, in 2017. Get Free Sample Copy of “TORPEDO MARKET” @ https://www.marketresearchfuture.com/sample_request/6952 Competitive Landscape The key players in the global torpedo market are BAE Systems plc (UK), Leonardo SpA (Italy), Saab AB (Sweden), Bharat Dynamics Limited (India), Naval Group (France), Raytheon Company (US), Atlas Elektronik GmbH (Germany), Tactical Missiles Corporation JSC (Russia), and China Shipbuilding Industry Corporation (China). Market Segmentation Based on propulsion, the torpedo market is segmented into thermal powered and electric powered, among which the electric powered torpedoes dominated the market in 2017, as the electric propulsion makes the torpedo more lethal. Moreover, the electric powered torpedoes are very effective during naval combat operations.
Access Full Report Details and Order this Premium Report @ https://www.marketresearchfuture.com/reports/torpedo-market-6952 Regional Analysis On the basis of region, the global torpedo market is segmented into North America, Europe, Asia-Pacific, and Rest of the World. In 2017, North America accounted for the largest market share, and is also projected to be the fastest-growing regional market during the review period. This growth can be attributed to the increasing expenses on missiles and rocket systems, along with the development of naval combat systems by the countries such as the US, in particular. As, a result, there is large demand of torpedoes on North America. Related Report Link: NOTE: Our Team of Researchers are Studying Covid19 and its Impact on Various Industry Verticals and wherever required we will be considering Covid19 Footprints for Better Analysis of Market and Industries. Cordially get in Touch for More Details. About Market Research Future At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members. Contact Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar, Pune - 411028 Maharashtra, India +1 646 845 9312