Global Torpedo Market Size, Share, Forecast 2023 to 2033

The Global Torpedo Market Size is expected to reach USD 1468.5 Million by 2033, at a CAGR of 4.05% during the forecast period 2023 to 2033. Next-generation torpedoes are being shaped by technological developments like higher stealth capabilities, better guiding systems, and more autonomy. These developments are intended to lessen the danger to friendly forces while increasing accuracy, range, and effectiveness.