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.

When it comes to solutions, the market is segmented into degaussing, deperming, and ranging systems. The ranging segment is poised for remarkable growth, expected to expand at a CAGR of 5.5% through 2034. Ranging systems, which utilize advanced sensors and analytical tools, offer significantly improved accuracy in detecting and analyzing magnetic signatures. These systems are designed to monitor magnetic fields continuously, making them highly effective at identifying and mitigating potential underwater threats. Moreover, automated ranging solutions with remote monitoring capabilities are increasingly popular, providing naval defense networks with more efficient and reliable ways to enhance security.

North America degaussing system market is projected to generate USD 440 million in value by 2034. This growth is primarily driven by substantial investments in naval modernization, particularly in the United States. Efforts to improve the survivability of ships and submarines against underwater threats have led to an accelerated adoption of advanced, energy-efficient degaussing systems within the U.S. Navy. The increasing focus on national defense and security continues to fuel the demand for these technologies in the region.