Global Degaussing System Market Size & Outlook, 2023-2030

The global degaussing system market size was estimated at USD 985.3 million in 2023 and is projected to reach USD 1,440.8 million by 2030, growing at a CAGR of 5.6% from 2024 to 2030.
Revenue, 2023 (US$M)
$985.3
Forecast, 2030 (US$M)
$1,440.8
CAGR, 2024 - 2030
5.6%
Report Coverage
Worldwide

Global degaussing system market, 2018-2030 (US$M)

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Global degaussing system market highlights

  • The global degaussing system market generated a revenue of USD 985.3 million in 2023 and is expected to reach USD 1,440.8 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 5.6% by 2030.
  • In terms of segment, power supplies accounted for a revenue of USD 985.3 million in 2023.
  • Power Supplies is the most lucrative component segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.

Global data book summary

Market revenue in 2023USD 985.3 million
Market revenue in 2030USD 1,440.8 million
Growth rate5.6% (CAGR from 2023 to 2030)
Largest segmentPower supplies
Fastest growing segmentPower Supplies
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationPower Supplies

Other key industry trends

  • In terms of revenue, the North America accounted for 36.7% of the global degaussing system market in 2023.

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Degaussing System Market Scope

Degaussing system market segmentation & scope
Power Supplies
Others
Degaussing Coils
Control Units
Monitoring Systems
Solution
Deperming
Ranging
Degaussing
Vessel
Medium Vessels
Large Vessels
Small Vessels
Small Vessels
OPV
FAC (Fast Attack Craft)
MCMV/Minesweeper
Medium Vessels
Destroyers
Submarines
Corvettes
Large Vessels
Frigates
Aircraft Carriers
Amphibious Vessels
End User
Aftermarket
Services
OEM
Countries
U.S.
Canada
Mexico
Germany
France
China
Japan
India
South Korea
Australia
Brazil
Saudi Arabia
UAE
South Africa

Degaussing System Market Companies

Name Profile # Employees HQ Website
Polyamp View profile 11-50 Sollentuna, Stockholms Lan, Sweden, Europe http://www.polyamp.com/
ECA Group View profile 501-1000 Toulon, Provence-Alpes-Cote d'Azur, France, Europe https://www.ecagroup.com/
DA Group View profile 101-250 Ahmedabad, Gujarat, India, Asia https://www.dagroupindia.com
IFEN View profile 11-50 Poing, Bayern, Germany, Europe https://www.ifen.com
American Superconductor Corp View profile 337 114 East Main Street, Ayer, MA, United States, 01432 https://www.amsc.com
Larsen & Toubro Ltd DR View profile 330955 Norottarn Morarjee Marg , L&T House, Ballard Estate, P. O. Box: 278, Mumbai, MH, India, 400 001 https://www.larsentoubro.com
Ultra Electronics Holdings View profile 1001-5000 London, England, United Kingdom, Europe https://www.ultra.group/
L3Harris Technologies Inc View profile 50000 1025 West NASA Boulevard, Melbourne, FL, United States, 32919 https://www.l3harris.com
Wartsila Corp View profile 17909 Hiililaiturinkuja 2, Helsinki, Finland, FI-00180 https://www.wartsila.com

Global degaussing system market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to degaussing system market will help companies and investors design strategic landscapes.


Power supplies was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Global degaussing system market based on power supplies covering the revenue growth of each sub-segment from 2018 to 2030.


  • Global Degaussing System Component Outlook (Revenue, USD Million, 2018-2030)
    • Power Supplies
    • Others
    • Degaussing Coils
    • Control Units
    • Monitoring Systems
  • Global Degaussing System Solution Outlook (Revenue, USD Million, 2018-2030)
    • Deperming
    • Ranging
    • Degaussing
  • Global Degaussing System Vessel Outlook (Revenue, USD Million, 2018-2030)
    • Medium Vessels
    • Large Vessels
    • Small Vessels
  • Global Degaussing System Small Vessels Outlook (Revenue, USD Million, 2018-2030)
    • OPV
    • FAC (Fast Attack Craft)
    • MCMV/Minesweeper
  • Global Degaussing System Medium Vessels Outlook (Revenue, USD Million, 2018-2030)
    • Destroyers
    • Submarines
    • Corvettes
  • Global Degaussing System Large Vessels Outlook (Revenue, USD Million, 2018-2030)
    • Frigates
    • Aircraft Carriers
    • Amphibious Vessels
  • Global Degaussing System End User Outlook (Revenue, USD Million, 2018-2030)
    • Aftermarket
    • Services
    • OEM

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Horizon Databook provides a detailed overview of global-level data and insights on the Global degaussing system market , including forecasts for subscribers. This global databook contains high-level insights into Global degaussing system market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Global degaussing system market size, by regions, 2018-2030 (US$M)

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