Tonpilz-type transducers are the most commonly used projectors in underwater acoustic applications. However, no complete design approach is available in the literature for such transducers. The present study aims to fill this gap in the literature by providing a systematic design approach for the Tonpilz-type transducers. The proposed methodology involves the use of different analytical models and a finite element model of such transducers. Each model provides a different level of accuracy that is tightly correlated with the models complexity and computational cost. By using these models sequentially starting with the simplest and fastest model to yield an initial design and concluding with the most detailed and accurate model to yield an optimized final design the overall design time is reduced and greater flexibility is given to the designer. An overview of each of these four models is given. The constructed models are benchmarked against published experimental data. The overall design methodology is demonstrated by systematically applying the four models to design a Tonpilz-type transducer. Possible improvements to the proposed methodology are discussed.