Global Hard Drive Degausser Market Growth 2023-2029

Global Hard Drive Degausser Market Growth 2023-2029

Hard drives store information magnetically on a spinning platter about 30% smaller than a CD. They also keep small amounts of data stored within RAM (Random Access Memory) chips found elsewhere in the casing. The only method of completely eliminating that information is to blast the hard drive with a magnetic field. The machines that do this are called Degaussers.
Hard Drive Degaussers are used to de-magnetize a hard drive and therefore erase the data on it. Degaussing is an NSA approved method of data erasure for hard drives. It is recommended that after using a degausser, a drive destroyer device is used to complete the secure data destruction.
Degausser is a machine used to eliminate data stored on computer and laptop hard drives, floppy disks and magnetic tape, by randomly changing the alignment of magnetic domains on the medium.
Degaussing takes its meaning from Johann Gauss (1777-1855) a mathematician who studied and worked on electro-magnetic fields. Data is stored on magnetic media by making very small areas called magnetic domains change their magnetic alignment to be in the direction of an applied magnetic field. Degaussing magnetic media leaves the domains in random patterns with no preference to orientation, thereby rendering previous data unrecoverable. A degausser is therefore used to completely erase all audio, video and data signals from magnetic storage media.
LPI (LP Information)' newest research report, the “Hard Drive Degausser Industry Forecast” looks at past sales and reviews total world Hard Drive Degausser sales in 2022, providing a comprehensive analysis by region and market sector of projected Hard Drive Degausser sales for 2023 through 2029. With Hard Drive Degausser sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Hard Drive Degausser industry.
This Insight Report provides a comprehensive analysis of the global Hard Drive Degausser 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 Hard Drive Degausser portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Hard Drive Degausser market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Hard Drive Degausser 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 Hard Drive Degausser.
The global Hard Drive Degausser market size is projected to grow from US$ 83 million in 2022 to US$ 118.5 million in 2029; it is expected to grow at a CAGR of 118.5 from 2023 to 2029.
Global Hard Drive Degausser key players include VS Security, Garner, Proton Data Security, Security Engineered Machinery, etc. Global top four manufacturers hold a share over 50%.
North America is the largest market, with a share over 45%, followed by Japan, and Europe, both have a share about 40 percent.
In terms of product, Capacitive Discharge Degaussers is the largest segment, with a share nearly 85%. And in terms of application, the largest application is Defense and Government, followed by Financial Company, Data Storage Company, Hospital, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Hard Drive Degausser market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Coil Degaussers
Capacitive Discharge Degaussers
Permanent Magnet Degaussers
Segmentation by application
Defense and Government
Financial Company
Hospital
Radio or TV or Broadcasting
Data Storage Company
Others
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.
Garner
VS Security
Security Engineered Machinery
Proton Data Security
intimus
Data Security, Inc
Whitaker Brothers
IDEAL.MBM Corporation
Beijing Heshenda Information
ZhongChaoWeiye
Key Questions Addressed in this Report
What is the 10-year outlook for the global Hard Drive Degausser market?
What factors are driving Hard Drive Degausser market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Hard Drive Degausser market opportunities vary by end market size?
How does Hard Drive Degausser 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.