Degaussing System Market by Products, Vessel Type, End-Users - Russia Ukraine Conflict and High Inflation

List of Tables

The Global Degaussing System Market is forecasted to grow significantly, with a projected USD 606.11 million in 2023 at a CAGR of 4.09% and expected to reach a staggering USD 804.83 million by 2030.

The Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and High Inflation is expected to have significant long-term effects on the Global Degaussing System Market. The ongoing research considers the changes in consumer behavior, supply chain disruptions, and government interventions caused by the pandemic. Similarly, the report considers the ongoing political and economic uncertainty in Eastern Europe caused by the Russia-Ukraine Conflict and its potential implications for demand-supply balances, pressure on pricing variants, and import/export and trading. Additionally, the report addresses the impact of High Inflation on the global economy and details fiscal policies measuring and reducing its effects on demand, supply, cash flow, and currency exchange.

Market Segmentation & Coverage:

This research report categorizes the Global Degaussing System Market in order to forecast the revenues and analyze trends in each of following sub-markets:

Based on Products, market is studied across Hardware, Services, and Software. The Hardware is further studied across Bipolar Amplifiers, Control Units, Degaussing Coils, Power Supplies, and Yokes. The Software is further studied across Control Systems, Ranging, and Remote Monitoring. The Hardware commanded largest market share of 41.23% in 2022, followed by Services.

Based on Vessel Type, market is studied across Large Vessel, Medium Vessel, and Small Vessel. The Large Vessel is further studied across Aircraft Carriers, Amphibious Vessels, and Frigates. The Medium Vessel is further studied across Corvettes, Destroyers, and Submarines. The Small Vessel is further studied across Fast Attack Craft (FAC), Littoral Combat Ships, Mine Countermeasures Vessel (MCMV)/Minesweeper, and Offshore Patrol Vessels (OPV). The Large Vessel commanded largest market share of 41.81% in 2022, followed by Medium Vessel.

Based on End-Users, market is studied across Aftermarket and OEM. The OEM commanded largest market share of 65.49% in 2022, followed by Aftermarket.

Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Europe, Middle East & Africa commanded largest market share of 36.88% in 2022, followed by Americas.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix is essential for assessing the Global Degaussing System Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).

Market Share Analysis:

The Market Share Analysis offers an insightful look at the current state of vendors in a particular market space. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Degaussing System Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Degaussing System Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Degaussing System Market?

4. What is the competitive strategic window for opportunities in the Global Degaussing System Market?

5. What are the technology trends and regulatory frameworks in the Global Degaussing System Market?

6. What is the market share of the leading vendors in the Global Degaussing System Market?

7. What modes and strategic moves are considered suitable for entering the Global Degaussing System Market?

Product Code: MRR-F611BFBC5E0F

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

4.1. Introduction
4.2. Degaussing System Market, by Products, 2022 vs 2030
4.3. Degaussing System Market, by Vessel Type, 2022 vs 2030
4.4. Degaussing System Market, by End-Users, 2022 vs 2030
4.5. Degaussing System Market, by Region, 2022 vs 2030

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing demand in naval warfare to protect uninterrupted functioning of naval vessels
  - 5.1.1.2. Rising government investment in the military and defense sector
  - 5.1.1.3. Growing use of defense technology by the maritime trade firms
- 5.1.2. Restraints
  - 5.1.2.1. High cost of the degaussing system owing to the presence of magnetometers, DC generators, sensors, control units, and amplifiers
- 5.1.3. Opportunities
  - 5.1.3.1. Integration of AI, ML, and IoT in degaussing system
  - 5.1.3.2. Rising utilization of degaussing system for technological research in high-temperature superconducting materials
- 5.1.4. Challenges
  - 5.1.4.1. Growing preference for composite materials in warships
5.2. Market Trends
5.3. Cumulative Impact of COVID-19
5.4. Cumulative Impact of Russia-Ukraine Conflict
5.5. Cumulative Impact of High Inflation
5.6. Porter's Five Forces Analysis
- 5.6.1. Threat of New Entrants
- 5.6.2. Threat of Substitutes
- 5.6.3. Bargaining Power of Customers
- 5.6.4. Bargaining Power of Suppliers
- 5.6.5. Industry Rivalry
5.7. Value Chain & Critical Path Analysis
5.8. Regulatory Framework
5.9. Client Customization

6. Degaussing System Market, by Products

6.1. Introduction
6.2. Hardware
- 6.2.1. Bipolar Amplifiers
- 6.2.2. Control Units
- 6.2.3. Degaussing Coils
- 6.2.4. Power Supplies
- 6.2.5. Yokes
6.3. Services
6.4. Software
- 6.4.1. Control Systems
- 6.4.2. Ranging
- 6.4.3. Remote Monitoring

7. Degaussing System Market, by Vessel Type

7.1. Introduction
7.2. Large Vessel
- 7.2.1. Aircraft Carriers
- 7.2.2. Amphibious Vessels
- 7.2.3. Frigates
7.3. Medium Vessel
- 7.3.1. Corvettes
- 7.3.2. Destroyers
- 7.3.3. Submarines
7.4. Small Vessel
- 7.4.1. Fast Attack Craft (FAC)
- 7.4.2. Littoral Combat Ships
- 7.4.3. Mine Countermeasures Vessel (MCMV)/Minesweeper
- 7.4.4. Offshore Patrol Vessels (OPV)

8. Degaussing System Market, by End-Users

8.1. Introduction
8.2. Aftermarket
8.3. OEM

9. Americas Degaussing System Market

9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States

10. Asia-Pacific Degaussing System Market

10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam

11. Europe, Middle East & Africa Degaussing System Market

11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom

12. Competitive Landscape

12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
- 12.3.1. Agreement, Collaboration, & Partnership
  - 12.3.1.1. AMSC Awarded Contract for Ship Protection System on LPD-32
  - 12.3.1.2. Strickland Secures Over 10 Wins for Military Families & Servicemembers in Defense Budget Agreement
- 12.3.2. New Product Launch & Enhancement
  - 12.3.2.1. Japan's NTT Corp. Develops an Ultra-Compact Baseband Amplifier IC Module.
  - 12.3.2.2. Verity ES launches enterprise-grade data deletion software
  - 12.3.2.3. Revert Inc. Launches New Company, Verity ES, to Deliver Intelligent Data Eradication Software and Support That Maximize the Value, Security and Ease of End-of-Life Asset Disposition
  - 12.3.2.4. Navy to incorporate degaussing system on DDG-51 Flight III destroyers
- 12.3.3. Award, Recognition, & Expansion
  - 12.3.3.1. AMSC wins contract for the LPD-32 protection system
  - 12.3.3.2. AMSC Delivers Breakthrough System for U.S. Navy

13. List of Company Mentioned

14. Appendix

14.1. Discussion Guide
14.2. License & Pricing

1. Aditya Systems

2. Aish Technologies

3. American Superconductor Corporation

4. Bird Audio Electronics

5. DA Group

6. Dayatech Merin Sdn Bhd

7. Diverse Technologies Ltd.

8. ECA Group

9. EWM AG

10. IFEN SpA

11. L3Harris Technologies, Inc.

12. Larsen & Toubro Limited

13. Maurer Magnetic AG

14. Polyamp AB

15. SAV France

16. STL Systems AG

17. Surma Ltd.

18. Tecomar S.L.

19. UKB Electronics Pvt. Ltd.

20. Ultra Electronics Holdings PLC

21. Vallon GmbH

22. Wartsila Corporation