PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1685077
PUBLISHER: Global Market Insights Inc. | PRODUCT CODE: 1685077
Degaussing System Market Opportunity, Growth Drivers, Industry Trend Analysis, and Forecast 2025 - 2034
The Global Degaussing System Market reached USD 782.4 million in 2024 and is expected to grow at a steady CAGR of 4.1% from 2025 to 2034. This growth is largely driven by the increasing need to modernize naval fleets and address advanced underwater threats, such as magnetic influence mines. As geopolitical tensions rise and the focus on maritime security intensifies, navies around the world are making significant investments in advanced stealth technologies. The demand for degaussing systems is also fueled by the growing need for enhanced defense capabilities in a rapidly changing global environment. Additionally, advancements in magnetic treatment methods and the integration of automated calibration systems are significantly improving the operational efficiency and reliability of degaussing solutions, making them an indispensable part of modern naval defense strategies.
The degaussing system market is divided into three vessel categories: small, medium, and large vessels. The medium vessel segment accounted for a significant 50% share in 2024 and is anticipated to experience strong growth in the coming years. Medium-sized vessels are increasingly adopting modular degaussing systems due to their flexibility in installation, ease of maintenance, and ability to support future operational upgrades. These vessels are also embracing hybrid propulsion systems to boost fuel efficiency while minimizing their environmental impact. The integration of these advanced technologies is expected to drive continued demand for degaussing solutions.
| Market Scope | |
|---|---|
| Start Year | 2024 |
| Forecast Year | 2025-2034 |
| Start Value | |
Table of Contents
Chapter 1 Methodology & Scope
- 1.1 Market scope & definitions
- 1.2 Base estimates & calculations
- 1.3 Forecast calculations
- 1.4 Data sources
- 1.4.1 Primary
- 1.4.2 Secondary
- 1.4.2.1 Paid sources
- 1.4.2.2 Public sources
Chapter 2 Executive Summary
Chapter 3 Industry Insights
Chapter 4 Competitive Landscape, 2024
Chapter 5 Market Estimates & Forecast, By Vessel Type, 2021-2034 (USD Million)
Chapter 6 Market Estimates & Forecast, By Solution, 2021-2034 (USD Million)
Chapter 7 Market Estimates & Forecast, By End Use, 2021-2034 (USD Million)
Chapter 8 Market Estimates & Forecast, By Region, 2021-2034 (USD Million)
Chapter 9 Company Profiles
