Global Degaussing Equipment Market Growth 2023-2029

Global Degaussing Equipment Market Growth 2023-2029

Degaussing system is the most effective means of ship's magnetic protection. The main purpose is to prevent the enemy's magnetic weapon attack and magnetic detection and improve the vitality of the ship.The ship demagnetization system is mainly composed of three parts: demagnetization winding, demagnetization control equipment and demagnetization power supply.In recent years, regional conflicts still occur constantly and countries attach increasing importance to arms construction. Under such a big trend, the prospect of ship demagnetization equipment industry is bright.Demand is now concentrated in major naval powers such as China, Europe and the United States, where China and India are expected to continue to grow relatively quickly.In the downstream consumer market, demagnetization equipment can be widely used in aircraft carriers, minesweepers, submarines, frigates, minesweepers, submarines and other ships, minesweepers are the largest consumer market, accounting for about 61.86% of the market.
LPI (LP Information)' newest research report, the “Degaussing Equipment Industry Forecast” looks at past sales and reviews total world Degaussing Equipment sales in 2022, providing a comprehensive analysis by region and market sector of projected Degaussing Equipment sales for 2023 through 2029. With Degaussing Equipment sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Degaussing Equipment industry.
This Insight Report provides a comprehensive analysis of the global Degaussing Equipment landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Degaussing Equipment portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Degaussing Equipment market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Degaussing Equipment and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Degaussing Equipment.
The global Degaussing Equipment market size is projected to grow from US$ 43 million in 2022 to US$ 51 million in 2029; it is expected to grow at a CAGR of 51 from 2023 to 2029.
Global Degaussing Equipment key players include GUILIN HAIWEI SHIP ELECTRIC CO., LTD., Lyngso Marine, Lyngso Marine, ECA Group, etc. Global top four manufacturers hold a share over 40%.
China is the largest market, with a share over 30%, followed by Europe, and United States, both have a share about 40 percent.
In terms of product, Shipboard Degaussing Equipment is the largest segment, with a share over 80%. And in terms of application, the largest application is Minesweepers, followed by Submarine, Aircraft Carrier, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Degaussing Equipment market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
External Degaussing Equipment
Shipboard Degaussing Equipment
Segmentation by application
Aircraft Carrier
Minesweepers
Submarine
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Polyamp
Lyngso Marine
IFEN SpA
ECA Group
Larsen & Toubro
GUILIN HAIWEI SHIP ELECTRIC CO., LTD.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Degaussing Equipment market?
What factors are driving Degaussing Equipment market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Degaussing Equipment market opportunities vary by end market size?
How does Degaussing Equipment break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.