
Degaussing System Market
Degaussing System Market Forecasts to 2028 – Global Analysis By Power (Static, Rotating), Type (Shipborne, External), Solution (Deperming, Ranging), Application (Biosensors, Catalysis) and By Geography

According to Stratistics MRC, The Global Degaussing System Market is accounted for $1,184.79 million in 2020 and is expected to reach $1,877.00 million by 2028 growing at a CAGR of 5.9% during the forecast period. Growing demand for naval warfare and technological advancements in degaussing equipment are driving the market growth. However, unavailability of skilled professionals is hampering the growth of the market.
Degaussing system is used to reduce or eliminate unwanted magnetic field of anything such as the ships and these systems provide precise current control, overheating protection and LED status indicators which enable users to experience enhanced efficiency and safety.
Based on the solution, the degaussing segment is going to have lucrative growth during the forecast period as degaussing solutions offer various advantages such as enhanced signature control, assist in fault management, and magnetic maps. In naval warfare to protect ships from enemy mines, the degaussing solution systems are adopted, due to this reason the degaussing solution segment will have favorable growth in the during the time period.
By geography, North America is going to have high growth during the forecast period due to the rise in defense budgets and the need to safeguard vessels from the enemy are the drivers for the degaussing system market in the region.
Some of the key players profiled in the Degaussing System Market include L3 Technologies, Inc, American Superconductor, Ultra Electronic, Automotive Industry Market Research Analysis, Surma LTD, Polyamp, Dayatech Meri, Larsen & Turbo Limited, STL Systems AG, Ifen S.P.A., ECA Group, Dayatech Merin Sdn. BHD and Wartsila Corporation.
Report Coverage |
Details |
Published Year: |
2021 |
Estimated Market Size in 2020: |
USD 1,184.79 million |
Estimated Period: |
2020 |
Compound Annual Growth Rate (CAGR) from 2020 to 2028: |
5.9% |
Predicted 2028 Value: |
USD 1,877.00 million |
Forecast Years: |
2021-2028 |
Tables, Graphs& Figures |
197 |
Chapters Covered: |
Power, Type, Vessel Type, Solution, End User and Region |
Core Drivers and Opportunities: |
|
Restraining Factors & Market Threats: |
|
Powers Covered:
• Static Power
• Rotating Power
Types Covered:
• Shipborne Degaussing System
• External Degaussing System
Vessel Types Covered:
• Small Vessels (< 100 M)
• Medium Vessels (100-200 M)
• Large Vessels (>200 M)
Solutions Covered:
• Deperming
• Ranging
• Degaussing
End Users Covered:
• Aftermarket
• Services
• Original Equipment Manufacturer (OEM)
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Key Questions Answered In The Report
The Global Degaussing System Market is majorly driven by growing demand for naval warfare and technological advancements in degaussing equipment.
The degaussing segment is growing at a highest CAGR as degaussing solutions offer various advantages such as enhanced signature control; assist in fault management, and magnetic maps.
Asia Pacific dominated with a significant market share due to the factors such as increasing defense spending on the modernization of defense equipment to strengthen the protection of naval vessels and the need to modernize naval fleets has contributed to the integration and development of degaussing systems in Asia Pacific countries.
North America market is growing at a highest CAGR due to the rise in defense budgets and the need to safeguard vessels from the enemy contributes importantly in sustaining the market growth of North America.
Key players in Degaussing System Market include L3 Technologies, Inc, American Superconductor, Ultra Electronic, Surma LTD, Polyamp, Dayatech Meri, Larsen & Turbo Limited, STL Systems AG, Ifen S.P.A., ECA Group, Dayatech Merin Sdn. BHD and Wartsila Corporation.
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 End User Analysis
3.7 Emerging Markets
3.8 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Degaussing System Market, By Power
5.1 Introduction
5.2 Static Power
5.3 Rotating Power
6 Global Degaussing System Market, By Type
6.1 Introduction
6.2 Shipborne Degaussing System
6.3 External Degaussing System
7 Global Degaussing System Market, By Vessel Type
7.1 Introduction
7.2 Small Vessels (< 100 M)
7.2.1 Offshore Patrol Vessel (OPV)
7.2.2 Fast Attack Craft (FAC)
7.2.3 Mine Counter Measure Vessel (MCMV)
7.3 Medium Vessels (100-200 M)
7.3.1 Destroyers
7.3.2 Corvettes
7.3.3 Submarine
7.4 Large Vessels (>200 M)
7.4.1 Amphibious
7.4.2 Aircraft Carriers
7.4.3 Frigate
8 Global Degaussing System Market, By Solution
8.1 Introduction
8.2 Deperming
8.3 Ranging
8.3.1 Onboard
8.3.1.1 Coils
8.3.1.2 Transmitted Data Bouys
8.3.1.3 Monitors
8.3.1.4 Aerial Ranging Devices
8.3.2 Fixed
8.4 Degaussing
8.4.1 Services
8.4.2 Product
8.4.2.1 Software
8.4.2.2 Hardware
8.4.2.2.1 Magnetometers
8.4.2.2.2 Direct-Current (DC) Generators
8.4.2.2.3 Conductors
8.4.2.2.4 Degaussing Coil Units
8.4.2.2.5 Degaussing Control Units
8.4.2.2.6 Course Monitor Units
8.4.2.2.7 Bipolar Amplifiers
8.4.2.2.8 Compass Compensating Equipment
9 Global Degaussing System Market, By End User
9.1 Introduction
9.2 Aftermarket
9.3 Services
9.4 Original Equipment Manufacturer (OEM)
10 Global Degaussing System Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 L3 Technologies, Inc
12.2 American Superconductor
12.3 Ultra Electronic
12.4 Surma LTD
12.5 Polyamp
12.6 Dayatech Meri
12.7 Larsen & Turbo Limited
12.8 STL Systems AG
12.9 Ifen S.P.A.
12.10 ECA Group
12.11 Dayatech Merin Sdn. BHD
12.12 Wartsila Corporation
List of Tables
1 Global Degaussing System Market Outlook, By Region (2019-2028) ($MN)
2 Global Degaussing System Market Outlook, By Power (2019-2028) ($MN)
3 Global Degaussing System Market Outlook, By Static Power (2019-2028) ($MN)
4 Global Degaussing System Market Outlook, By Rotating Power (2019-2028) ($MN)
5 Global Degaussing System Market Outlook, By Type (2019-2028) ($MN)
6 Global Degaussing System Market Outlook, By Shipborne Degaussing System (2019-2028) ($MN)
7 Global Degaussing System Market Outlook, By External Degaussing System (2019-2028) ($MN)
8 Global Degaussing System Market Outlook, By Vessel Type (2019-2028) ($MN)
9 Global Degaussing System Market Outlook, By Small Vessels (< 100 M) (2019-2028) ($MN)
10 Global Degaussing System Market Outlook, By Offshore Patrol Vessel (OPV) (2019-2028) ($MN)
11 Global Degaussing System Market Outlook, By Fast Attack Craft (FAC) (2019-2028) ($MN)
12 Global Degaussing System Market Outlook, By Mine Counter Measure Vessel (MCMV) (2019-2028) ($MN)
13 Global Degaussing System Market Outlook, By Medium Vessels (100-200 M) (2019-2028) ($MN)
14 Global Degaussing System Market Outlook, By Destroyers (2019-2028) ($MN)
15 Global Degaussing System Market Outlook, By Corvettes (2019-2028) ($MN)
16 Global Degaussing System Market Outlook, By Submarine (2019-2028) ($MN)
17 Global Degaussing System Market Outlook, By Large Vessels (>200 M) (2019-2028) ($MN)
18 Global Degaussing System Market Outlook, By Amphibious (2019-2028) ($MN)
19 Global Degaussing System Market Outlook, By Aircraft Carriers (2019-2028) ($MN)
20 Global Degaussing System Market Outlook, By Frigate (2019-2028) ($MN)
21 Global Degaussing System Market Outlook, By Solution (2019-2028) ($MN)
22 Global Degaussing System Market Outlook, By Deperming (2019-2028) ($MN)
23 Global Degaussing System Market Outlook, By Ranging (2019-2028) ($MN)
24 Global Degaussing System Market Outlook, By Onboard (2019-2028) ($MN)
25 Global Degaussing System Market Outlook, By Fixed (2019-2028) ($MN)
26 Global Degaussing System Market Outlook, By Degaussing (2019-2028) ($MN)
27 Global Degaussing System Market Outlook, By Services (2019-2028) ($MN)
28 Global Degaussing System Market Outlook, By Product (2019-2028) ($MN)
29 Global Degaussing System Market Outlook, By End User (2019-2028) ($MN)
30 Global Degaussing System Market Outlook, By Aftermarket (2019-2028) ($MN)
31 Global Degaussing System Market Outlook, By Services (2019-2028) ($MN)
32 Global Degaussing System Market Outlook, By Original Equipment Manufacturer (OEM) (2019-2028) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY

We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
Frequently Asked Questions
In case of any queries regarding this report, you can contact the customer service by filing the “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
Yes, the samples are available for all the published reports. You can request them by filling the “Request Sample” option available in this page.
Yes, you can request a sample with your specific requirements. All the customized samples will be provided as per the requirement with the real data masked.
All our reports are available in Digital PDF format. In case if you require them in any other formats, such as PPT, Excel etc you can submit a request through “Inquiry Before Buy” form available on the right hand side. You may also contact us through email: info@strategymrc.com or phone: +1-301-202-5929
We offer a free 15% customization with every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
We have 3 different licensing options available in electronic format.
- Single User Licence: Allows one person, typically the buyer, to have access to the ordered product. The ordered product cannot be distributed to anyone else.
- 2-5 User Licence: Allows the ordered product to be shared among a maximum of 5 people within your organisation.
- Corporate License: Allows the product to be shared among all employees of your organisation regardless of their geographical location.
All our reports are typically be emailed to you as an attachment.
To order any available report you need to register on our website. The payment can be made either through CCAvenue or PayPal payments gateways which accept all international cards.
We extend our support to 6 months post sale. A post sale customization is also provided to cover your unmet needs in the report.
Request Customization
We provide a free 15% customization on every purchase. This requirement can be fulfilled for both pre and post sale. You may send your customization requirements through email at info@strategymrc.com or call us on +1-301-202-5929.
Note: This customization is absolutely free until it falls under the 15% bracket. If your requirement exceeds this a feasibility check will be performed. Post that, a quote will be provided along with the timelines.
WHY CHOOSE US ?

Assured Quality
Best in class reports with high standard of research integrity

24X7 Research Support
Continuous support to ensure the best customer experience.

Free Customization
Adding more values to your product of interest.

Safe & Secure Access
Providing a secured environment for all online transactions.

Trusted by 600+ Brands
Serving the most reputed brands across the world.