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2025-12-17 13:20:36 -

Increasing Submarine Fleet Investments Accelerate Torpedo Market Expansion

The global Torpedo Market is experiencing steady growth as naval forces worldwide enhance their underwater warfare capabilities in response to rising maritime security challenges. According to Market Research Future (MRFR), the market was valued at USD 1.245 billion in 2024 and is projected to reach USD 2.464 billion by 2035, growing at a compound annual growth rate (CAGR) of approximately...

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