The global degaussing system market size reached US$ 631.65 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 873.21 Million by 2032, exhibiting a growth rate (CAGR) of 3.66% during 2024-2032. More Info:- https://www.imarcgroup.com/degaussing-system-market

1. Global Degaussing
System Market
Research and Forecast
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved

2. About IMARC Group
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results.

3. Report Highlight
and Description
According to the latest report by IMARC Group, titled "Degaussing System
Market: Global Industry Trends, Share, Size, Growth, Opportunity and
Forecast 2024-2032," the global degaussing system market size reached US$
631.65 Million in 2023.
Factors Affecting the Growth of the Degaussing System Industry:
Technological Advancements:
The degaussing system market is witnessing transformation due to
technological advancements in materials science and sensor technology.
Additionally, modern degaussing systems are sophisticated, incorporating
advanced materials that enhance the magnetic cloaking effectiveness, thereby
providing superior protection against naval mines and other magnetic-triggered
threats.
Moreover, the integration of cutting-edge sensors in these systems allows for
real-time monitoring and adjustment of the vessel’s magnetic signature,
ensuring optimal stealth capabilities under various operational conditions.
These advancements improve the operational efficiency of degaussing systems
and reduce the maintenance requirements, thereby lowering long-term costs for
naval forces.

4. Report Highlight
and Description
Increasing Investments in Naval Defense:
The rising geopolitical dynamics and evolving security threats are prompting
nations to enhance their naval defense capabilities, with degaussing systems.
Additionally, governments are channeling substantial investments into their
naval forces, recognizing the strategic importance of maintaining advanced,
threat-resilient fleets, which is contributing to the market growth.
Moreover, degaussing systems equip naval vessels with essential protective
measures against magnetic mines and similar underwater threats, representing
another major growth-inducing factor. Also, the augmentation of naval budgets
reflects a commitment to securing maritime boundaries and safeguarding
crucial maritime trade routes. As naval fleets expand and modernize, the
demand for advanced degaussing systems is driving market growth.
Rising Commercial Shipping Activities:
The globalization of economies and the liberalization of trade policies are
expanding commercial shipping activities. In addition, the growing number of
vessels traversing the world’s oceans requires adequate protection against
magnetic threats, especially in strategic and contested waterways, thus
contributing to the market growth.

5. Report Highlight
and Description
Moreover, degaussing systems are crucial for these commercial vessels,
providing them with a necessary defense mechanism to neutralize the threat
posed by magnetic mines and ensure uninterrupted maritime commerce.
Furthermore, the rising shipping activities are escalating the demand for
maritime safety measures, pushing commercial ship operators to invest in
advanced degaussing solutions.
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6. Report Description
Global Degaussing System Market Trends:
At present, the growing focus on naval modernization programs is escalating the demand for degaussing systems
in the defense sector. Degaussing systems are essential in reducing the magnetic signature of naval vessels,
enhancing their stealth capabilities and protection against magnetic mines. Moreover, the rising security concerns
about maritime security threats, such as underwater mines and submarine warfare, are driving the adoption of
degaussing systems by navies across the globe.
Governments are investing in advanced degaussing solutions to safeguard their naval assets and ensure
operational readiness. Besides this, the integration of degaussing systems with IPMS is gaining traction, enabling
seamless control and monitoring of vessel magnetism alongside other critical ship systems which enhances
overall vessel management capabilities and improves operational effectiveness.
Looking forward, the market to reach US$ 873.21 Million by 2032, exhibiting a growth rate (CAGR) of 3.66%
during 2024-2032.
View Report TOC, Figures and Tables: https://www.imarcgroup.com/degaussing-system-market

7. Report
Segmentation
Breakup by Vessel Type:
• Small Vessel
o OPV
o MCMV and Minesweeper
o FAC (Fast Attack Craft)
• Medium Vessel
o Submarines
o Corvettes
o Destroyers
• Large Vessel
o Frigates
o Aircraft Carriers
o Amphibious Vessels
Breakup by Solution:
• Degaussing

8. Report
Segmentation
• Ranging
• Deperming
Breakup by End User:
• OEM
• Aftermarket
• Services
Breakup by Region:
• North America
• Europe
• Asia-Pacific
• Latin America
• Middle East and Africa

9. Competitive
Landscape with
Key Players
• American Superconductor
• DA-Design Oy
• Dayatech Merin Sdn. Bhd.
• Depei International SRL
• ECA Group (Groupe Gorgé)
• IFEN S.p.a.
• L3Harris Technologies Inc.
• Polyamp AB
• Ultra Electronics Holdings (Cobham Limited)
• Wärtsilä Oyj Abp

10. Key Questions
Answered in
the Report
How has the global degaussing system market performed so
far, and how will it perform in the coming years?
What are the drivers, restraints, and opportunities in the
global degaussing system market?
What is the impact of each driver, restraint, and opportunity
on the global degaussing system market?
What are the key regional markets?
Which countries represent the most attractive degaussing
system market?
What is the breakup of the market based on the vessel type?
Which is the most attractive vessel type in the degaussing
system market?

11. Key Questions
Answered in
the Report
What is the breakup of the market based on the solution?
Which is the most attractive solution in the degaussing
system market?
What is the breakup of the market based on the end user?
Which is the most attractive end user in the degaussing
system market?
What is the competitive structure of the degaussing system
market?
Who are the key players/companies in the global degaussing
system market?

12. Table of
Contents
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Mark et Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Global Degaussing System Market - Introduction
4.1 Overview
4.2 Mark et Dynamics
4.3 Industry Trends
4.4 Competitive Intelligence
5 Global Degaussing System Market Landscape
5.1 Historical and Current Mark et Trends (2018 -2023)
5.2 Mark et Forecast (2024 -2032)
6 Global Degaussing System Market - Breakup by Vessel
Type
6.1 Small Vessel
6.1.1 Overview
6.1.2 Historical and Current Mark et Trends (2018 -2023)
6.1.3 Mark et Segmentation
6.1.3.1 OPV
6.1.3.2 MCMV and Minesweeper
6.1.3.3 FAC (Fast Attack Craft)
6.1.4 Mark et Forecast (2024 -2032)

13. Table of
Contents
6.2 Medium Vessel
6.2.1 Overview
6.2.2 Historical and Current Mark et Trends (2018 -2023)
6.2.3 Mark et Segmentation
6.2.3.1 Submarines
6.2.3.2 Corvettes
6.2.3.3 Destroyers
6.2.4 Mark et Forecast (2024 -2032)
6.3 Large Vessel
6.3.1 Overview
6.3.2 Historical and Current Mark et Trends (2018 -2023)
6.3.3 Mark et Segmentation
6.3.3.1 Frigates
6.3.3.2 Aircraft Carriers
6.3.3.3 Amphibious Vessels
6.3.4 Mark et Forecast (2024 -2032)
6.4 Attractive Investment Proposition by Vessel Type
7 Global Degaussing System Market - Breakup by Solution
7.1 Degaussing
7.1.1 Overview
7.1.2 Historical and Current Mark et Trends (2018 -2023)
7.1.3 Mark et Segmentation
7.1.4 Mark et Forecast (2024 -2032)
7.2 Ranging
7.2.1 Overview
7.2.2 Historical and Current Mark et Trends (2018 -2023)
7.2.3 Mark et Segmentation
7.2.4 Mark et Forecast (2024 -2032)
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