어뢰 시장 : 점유율 분석, 산업 동향 및 통계, 성장 예측(2026-2031년)

The torpedo market size is expected to grow from USD 1.13 billion in 2025 to USD 1.19 billion in 2026 and is forecasted to reach USD 1.58 billion by 2031 at a 5.71% CAGR over 2026-2031.

Recent demand is shaped by more nuclear and diesel-electric submarines entering service, with modernization programs aligning inventory, guidance, and propulsion upgrades to deter undersea threats. Platform integration across P-8A Poseidon and MH-60R fleets is broadening airborne anti-submarine warfare coverage and is adding resilience in contested airspace through high-altitude torpedo release kits. Heavyweight systems continue to anchor deterrence for blue-water fleets, yet very-light classes tied to unmanned platforms are expanding faster, driven by cost, payload, and magazine depth advantages. Asia-Pacific underpins future growth as domestic torpedo programs and submarine expansion converge across China, India, Japan, South Korea, and Taiwan.

Global Torpedo Market Trends and Insights

Accelerated Induction of Nuclear and Diesel-Electric Submarines Worldwide

Submarine acquisition is the prime engine of multi-class torpedo demand, as navies field new nuclear and diesel-electric platforms to match regional threat environments and patrol profiles. Production pace in Asia-Pacific remains elevated, with Chinese yards sustaining output that surpassed the United States in recent years, reinforcing the need for heavyweight inventories matched to long-range, high-speed engagement profiles. AUKUS adds a durable forward pipeline as Australia prepares to acquire Virginia-class SSNs around the early 2030s, which sets a decade-plus runway for heavyweight torpedo planning and allied interoperability. India's Project-75 lines and parallel indigenous programs sustain recurring fits for Varunastra-class heavyweights across destroyer and submarine fleets, amplifying domestic content and lifecycle control. European fleets are upgrading deployed inventories, with Germany advancing DM2A5 for 212CD-class programs to lock in next-generation guidance and power modules. Brazil's Scorpene-class integration of F21 underscores how technology transfer and local sustainment factor into long-term torpedo decisions among emerging naval powers.

Ongoing Naval Fleet Modernization Across Key Maritime Powers

Sustained modernization budgets are refreshing both heavyweight and lightweight inventories across surface and sub-surface fleets, with multi-year kit production keeping delivery schedules stable. The US Navy awarded General Dynamics Mission Systems a contract for Mk 54 Mod 1 lightweight torpedo kits with deliveries through 2032, supporting Poseidon, Seahawk, and surface-ship integrations across allied fleets. The UK's Sting Ray Mod 2 upgrade program funds design, prototyping, and in-water trials to deliver cyber-hardened architectures and rapid reprogramming capabilities to frontline platforms. In the Gulf, Saudi Arabia's MU90 order strengthens local sustainment pathways while widening EuroTorp's reach across the region. Sweden's Torpedo 47 procurement aligns with littoral operations and shallow-water acoustics, pairing with future A26 boats designed for high-endurance Baltic patrols. Turkey's TF-2000 destroyer program and national submarine lines bolster a blended approach that includes indigenous Akya heavyweights paired with advanced shipboard launch systems.

High Unit Costs of Heavyweight Torpedoes Strain Defense Procurement Budgets

Premium heavyweights, including advanced variants, require multi-million-dollar unit investments that compete with shipbuilding, missile stocks, and sensor suites. This creates budget pressure during surge procurement or multi-theater readiness cycles, which can lead to deferred buy profiles or mixed inventories that rely more on lightweight stocks. The US Navy's exploration of cost-reduced heavyweights aims to restore magazine depth for protracted contingencies without eroding core lethality and guidance features. Cost compression is also a hedge against attrition in high-end conflict, where affordable weapons enable sustained operations rather than short, high-intensity expenditures. Initiatives focused on affordability can catalyze modular architecture that allows navies to upgrade sensors and processing independently of propulsion or warhead sections, supporting the torpedo market in the long term.

Other drivers and restraints analyzed in the detailed report include:

1. Increased Utilization of Lightweight Torpedoes in Airborne ASW Platforms
2. Rising Strategic Need for Sub-Surface Deterrence in Geopolitically Contested Waters
3. Extended Platform Integration and Qualification Timelines Delay Deployment

For complete list of drivers and restraints, kindly check the Table Of Contents.

Segment Analysis

Heavyweight torpedoes commanded 54.72% of the torpedo market share in 2025. Demand is driven by submarine programs requiring long-range, rapid terminal performance against quiet adversaries in both blue-water and littoral zones, sustaining steady orders and midlife upgrades. The US Navy's shipbuilding outlook supports recurring loads for attack submarines and allied fleets, reinforcing multi-year production planning for guidance, control, and propulsion sections. Lockheed Martin's recent deliveries and contract modifications maintain guidance and control kits in serial production for heavyweight inventories across US and Australian forces, signaling durable sustainment pathways.

Very-light torpedoes are the fastest-growing category, with an 8.21% CAGR through 2031, as unmanned systems, coastal denial, and magazine-depth innovations reshape payload mixes for distributed maritime operations. New software-defined underwater vehicles carrying small torpedo-class payloads are expanding counter-UUV and counter-USV options at costs far below heavyweight baselines, supporting scalable inventories for saturation tactics. Growth within the very-light segment aligns with submarine and surface magazine strategies that pack multi-pack compact weapons into existing interfaces, building layered defenses against swarming threats. Turkey's ORKA lightweight class extends helicopter and UAV payload options with modern propulsion and an insensitive warhead design suited for littoral engagements. Baltic-specific needs are addressed through Sweden's Torpedo 47, which targets shallow-water acoustics and compact platform footprints, reflecting how geography shapes segment adoption in the torpedo industry.

Sea-launched systems commanded a dominant 62.67% market share in 2025. Meanwhile, air-launched platforms are on track to achieve a notable 7.83% CAGR through 2031. This growth is driven by navies seeking to extend their engagement capabilities while minimizing risks to crewed aircraft. This surge is attributed to the P-8A Poseidon fleet's integration of glide kits, allowing for high-altitude releases. Such a strategy not only boosts survivability in contested airspaces but also enhances patrol endurance.

Furthermore, allied forces are standardizing their inventories for unified training and maintenance. While submarine-led demand remains pivotal for stealthy first-strike ASW, surface and unmanned assets are increasingly using torpedoes for convoy protection and to deny access to littoral zones. Innovative magazine concepts and recovery techniques for unmanned vehicles highlight how navies can amplify their presence and strike capabilities without revealing submarine locations.

Air-launched systems are witnessing growth, bolstered by lightweight enhancements that boost effectiveness against quieter, more agile targets in intricate littoral acoustics. The Mk 54 Mod 2 program introduces lethality and signal-processing upgrades, benefiting the broader torpedo market across both helicopter and fixed-wing fleets. Norway's foreign military sale integrates torpedoes with Poseidon, Seahawk, and surface vessels, bolstering interoperability in the North Atlantic and Arctic regions. The diversity of platforms is expanding, as evidenced by NH90 Sea Tiger deployments and emerging unmanned rotorcraft concepts. These innovations can transport lightweight payloads without jeopardizing aircrew safety in high-threat areas, further solidifying sea-launched systems' dominance in the torpedo market.

The Torpedo Market Report is Segmented by Weight (Heavy, Light, and Very Light), Launch Platform (Sea and Air), Propulsion Type (Electric and Conventional), Guidance System (Wire-Guided, Acoustic, and Optical), Application (Anti-Submarine Warfare and Anti-Surface Warfare), and Geography (North America, Europe, Asia-Pacific, South America, and More). The Market Forecasts are Provided in Terms of Value (USD).

Geography Analysis

North America held 34.71% of the torpedo market share in 2025, supported by steady US procurement and a strong supplier base that sustains on-time delivery. The US Navy's lightweight kit production through 2032 and recurring heavyweight component deliveries form a consistent demand signal for prime contractors and subsystem providers. Industrial base programs reported improved supplier performance by 2025, with targeted investments to alleviate bottlenecks and boost predictability across key nodes. Additional awards support propulsion test facilities and cross-domain undersea systems, which enhance the long-term production of heavyweight and lightweight weapons and support readiness in the torpedo market.

Asia-Pacific is the fastest-growing region with a 7.77% CAGR through 2031, underpinned by self-sufficiency drives, expanding submarine fleets, and widening adoption of both heavyweight and lightweight classes. The torpedo market size in Asia-Pacific is projected to accelerate as allied and partner navies balance indigenous programs with selective imports to reduce lead times and enhance availability. China's rapid output, India's strategic commissioning milestones, and Japan's undersea strike posture combine to elevate requirements for guidance, propulsion, and warhead upgrades through the forecast period.

Europe is expected to showcase moderate growth through 2031, with modernization cycles leveraging domestic primes and joint ventures to refresh inventories and integrate next-generation features. The UK advanced Sting Ray upgrades to keep airborne and shipborne ASW relevant into the 2030s, France validated F21 lethality in a live-fire event supporting allied integration, and Germany progressed DM2A5 for 212CD submarines. The Middle East and African growth is anchored by Saudi Arabia's MU90 pathway, which adds logistics and local service capabilities to long-term sustainment in the torpedo market. South America accounted for 4% of the share, with ongoing Scorpene-class integration demonstrating that technology transfer and local training support enduring capability.

1. ATLAS ELEKTRONIK GmbH
2. BAE Systems plc
3. Bharat Dynamics Ltd.
4. General Dynamics Mission Systems (General Dynamics Corporation)
5. RTX Corporation
6. Saab AB
7. Lockheed Martin Corporation
8. Northrop Grumman Corporation
9. Naval Group
10. Mitsubishi Heavy Industries, Ltd.
11. ASELSAN A.S.
12. LIG Nex1 Co., Ltd.
13. Roketsan A.S.
14. Science Applications International Corporation
15. Fincantieri S.p.A.

Additional Benefits:

• The market estimate (ME) sheet in Excel format
• 3 months of analyst support

TABLE OF CONTENTS

1 INTRODUCTION

• 1.1 Study Assumptions and Market Definition
• 1.2 Scope of the Study

2 RESEARCH METHODOLOGY

3 EXECUTIVE SUMMARY

4 MARKET LANDSCAPE

• 4.1 Market Overview
• 4.2 Market Drivers
  • 4.2.1 Accelerated induction of nuclear and diesel-electric submarines worldwide
  • 4.2.2 Ongoing naval fleet modernization across key maritime powers
  • 4.2.3 Increased utilization of lightweight torpedoes in airborne ASW platforms
  • 4.2.4 Rising strategic need for sub-surface deterrence in geopolitically contested waters
  • 4.2.5 Emerging demand for micro and ultra-lightweight torpedoes for unmanned maritime systems
  • 4.2.6 Closed-loop manufacturing models enabled by high silver content recovery
• 4.3 Market Restraints
  • 4.3.1 High unit costs of heavyweight torpedoes strain defense procurement budgets
  • 4.3.2 Extended platform integration and qualification timelines delay deployment
  • 4.3.3 Price instability and supply risks associated with critical minerals like silver and rare-earths
  • 4.3.4 Increasing preference for long-range anti-ship missiles reduces demand for torpedoes in surface warfare
• 4.4 Value Chain Analysis
• 4.5 Regulatory Outlook
• 4.6 Technological Outlook
• 4.7 Porter's Five Forces Analysis
  • 4.7.1 Bargaining Power of Suppliers
  • 4.7.2 Bargaining Power of Buyers/Consumers
  • 4.7.3 Threat of New Entrants
  • 4.7.4 Threat of Substitute Products
  • 4.7.5 Intensity of Competitive Rivalry

5 MARKET SIZE AND GROWTH FORECASTS (VALUE)

• 5.1 By Weight
  • 5.1.1 Heavy
  • 5.1.2 Light
  • 5.1.3 Very Light
• 5.2 By Launch Platform
  • 5.2.1 Sea
    • 5.2.1.1 Surface Vessel
    • 5.2.1.2 Submarine
    • 5.2.1.3 Unmanned Underwater Vehicles (UUVs)
  • 5.2.2 Air
    • 5.2.2.1 Aircraft
    • 5.2.2.2 Helicopters
    • 5.2.2.3 Unmanned Aerial Vehicles (UAVs)
• 5.3 By Propulsion Type
  • 5.3.1 Electric
  • 5.3.2 Conventional
• 5.4 By Guidance System
  • 5.4.1 Wire-Guided
  • 5.4.2 Acoustic
  • 5.4.3 Optical
• 5.5 By Application
  • 5.5.1 Anti-Submarine Warfare (ASW)
  • 5.5.2 Anti-Surface Warfare (ASuW)
• 5.6 By Geography
  • 5.6.1 North America
    • 5.6.1.1 United States
    • 5.6.1.2 Canada
    • 5.6.1.3 Mexico
  • 5.6.2 Europe
    • 5.6.2.1 United Kingdom
    • 5.6.2.2 France
    • 5.6.2.3 Germany
    • 5.6.2.4 Italy
    • 5.6.2.5 Rest of Europe
  • 5.6.3 Asia-Pacific
    • 5.6.3.1 China
    • 5.6.3.2 India
    • 5.6.3.3 Japan
    • 5.6.3.4 South Korea
    • 5.6.3.5 Rest of Asia-Pacific
  • 5.6.4 South America
    • 5.6.4.1 Brazil
    • 5.6.4.2 Rest of South America
  • 5.6.5 Middle East and Africa
    • 5.6.5.1 Middle East
      • 5.6.5.1.1 Saudi Arabia
      • 5.6.5.1.2 United Arab Emirates
      • 5.6.5.1.3 Rest of Middle East
    • 5.6.5.2 Africa
      • 5.6.5.2.1 South Africa
      • 5.6.5.2.2 Rest of Africa

6 COMPETITIVE LANDSCAPE

• 6.1 Market Concentration
• 6.2 Strategic Moves
• 6.3 Market Share Analysis
• 6.4 Company Profiles (includes Global level Overview, Market level Overview, Core Segments, Financials as available, Strategic Information, Market Rank/Share for key companies, Products and Services, and Recent Developments)
  • 6.4.1 ATLAS ELEKTRONIK GmbH
  • 6.4.2 BAE Systems plc
  • 6.4.3 Bharat Dynamics Ltd.
  • 6.4.4 General Dynamics Mission Systems (General Dynamics Corporation)
  • 6.4.5 RTX Corporation
  • 6.4.6 Saab AB
  • 6.4.7 Lockheed Martin Corporation
  • 6.4.8 Northrop Grumman Corporation
  • 6.4.9 Naval Group
  • 6.4.10 Mitsubishi Heavy Industries, Ltd.
  • 6.4.11 ASELSAN A.S.
  • 6.4.12 LIG Nex1 Co., Ltd.
  • 6.4.13 Roketsan A.S.
  • 6.4.14 Science Applications International Corporation
  • 6.4.15 Fincantieri S.p.A.

7 MARKET OPPORTUNITIES AND FUTURE OUTLOOK

• 7.1 White-space and Unmet-Need Assessment