The global torpedo market demand was pegged at USD 944.9 million in 2021. The market is anticipated to rise from USD 991.2 million in 2022 to USD 1,439.2 million by 2029 at a 5.47% CAGR during the forecast period. Fortune Business Insights™ has elucidated these insights in its latest research report, titled, “Torpedo Market, 2022-2029.”
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The global military drone market size is anticipated to hit USD 30.86 billion in 2029 and exhibit a CAGR of 14.82% during the forecast period. The rising military drone procurement by defense forces and expanding military budgets are expected to foster growth for the market.
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https://www.fortunebusinessins....ights.com/military-d
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