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Degaussing System Market by Solution (Degaussing, Ranging, Deperming), End User (OEM, Services, Aftermarket), Vessel Type (MCMV, OPV, FAC, Submarines, Frigates, Corvettes, Destroyers, Aircraft Carriers, Amphibious), and Region - Global Forecast to 2023

Degaussing System Market by Solution (Degaussing, Ranging, Deperming), End User (OEM, Services, Aftermarket), Vessel Type (MCMV, OPV, FAC, Submarines, Frigates, Corvettes, Destroyers, Aircraft Carriers, Amphibious), and Region - Global Forecast to 2023

“The degaussing system market is projected to grow at a CAGR of 3.92% during the forecast period.”
The degaussing system market is estimated to be USD 809.7 million in 2018 and is projected to reach USD 981.2 million by 2023, at a CAGR of 3.92% from 2018 to 2023. Factors such as increasing importance of degaussing system in naval warfare, technological advancement in degaussing equipment, and increasing defense budgets are driving the degaussing system market. Degaussing systems are installed in existing and new warships to reduce the magnetic signature of vessels. Thus, there has been an increasing demand for the installation of degaussing systems in existing and new naval fleets. In addition, the rise in defense spending has propelled the procurement of degaussing systems by countries worldwide, which, in turn, is expected to influence the growth of the degaussing system market.

“Based on solution, the ranging segment is expected to grow at the highest CAGR from 2018 to 2023.”
Based on solution, the ranging solution segment is projected at the highest CAGR during the forecast period. The growth of the ranging solution segment can be attributed to the increased use of portable ranging devices that are inexpensive and easily available in the market.

“Asia Pacific is projected to lead the degaussing system market during the forecast period.” The degaussing system in Asia Pacific is expected to lead the degaussing system market during the forecast period. Territorial disputes in the South China Sea has led to the increased procurement of advanced degaussing systems in this region. The polarization of military power along the East and West coast of the Pacific Ocean and the Asia Pacific region has led to increased defense spending on the modernization of defense equipment to strengthen the protection of naval vessels.

Break-up of the profile of primary participants for this report:
By Company Type: Tier 1 - 35%, Tier 2 - 45%, and Tier 3 - 20%
By Designation: C Level - 35% and Director Level - 25%, others - 40%
By Region: Asia - 30%, Europe - 200%, North America - 30%, and RoW - 10% , Middle East - 10%

Major players operating in the degaussing system market include L&T (India), Polyamp (Sweden), ECA (France), Ultra Electronic (UK), Ifen SpA (Italy), Dayatech Merin (Malaysia), AMSC (US), STL System AG (Switzerland), and Surma LTD. (Switzerland), among others.

Research Coverage
The research study segments the degaussing system market based on solution (degaussing, ranging, deperming), end user (OEM, services, aftermarket), vessel type (MCMV, OPV, FAC, frigate, submarine, corvettes, destroyers, amphibious, aircraft carriers), and region. These segments and subsegments are mapped across major regions, namely North America, Europe, Asia, and Rest of the World (RoW). The report provides in-depth market intelligence regarding the key factors influencing the growth of the degaussing system market (drivers, restraints, opportunities, and industry-specific challenges). It analyses micromarkets with respect to individual growth trends, prospects, and their contribution to the degaussing system market.

Reasons to buy the report:
From an insight perspective, the degaussing system market report focuses on various levels of analysis — industry analysis, market share analysis of top players, and company profiles, which together comprise and discuss basic views on the competitive landscape, high-growth regions and countries, and their respective regulatory policies, drivers, restraints, and opportunities.

The degaussing system market report provides insights on the following pointers:
Market Penetration: Information regarding the competitive landscape of the degaussing system market
Market Sizing: Market size in 2017 and projection of the market from 2018 to 2023
Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the degaussing system market
Market Overview: Market dynamics and subsequent analysis of associated trends, drivers, restraints, and opportunities in the degaussing system market
Market Development: Comprehensive information about lucrative markets in various regions
Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the degaussing system market
Regional Analysis: Factors influencing the growth of the degaussing system market in North America, Europe, Asia Pacific, and the Rest of the World
Competitive Assessment: In-depth assessment of strategies, products, and manufacturing capabilities of leading market players


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • STUDY SCOPE
      • GEOGRAPHIC SCOPE
      • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY & PRICING
    • LIMITATIONS
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE DEGAUSSING SYSTEM MARKET
    • DEGAUSSING SYSTEM MARKET, BY SOLUTION
    • DEGAUSSING SYSTEM HARDWARE MARKET, BY TYPE
    • DEGAUSSING SYSTEM MARKET, BY END USER
    • DEGAUSSING SYSTEM MARKET FOR VESSEL TYPE
    • ASIA PACIFIC DEGAUSSING SYSTEM MARKET
    • DEGAUSSING SYSTEM MARKET, BY REGION
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • REGIONAL ANALYSIS
    • INTRODUCTION
    • POWER SUPPLY ARCHITECTURE
      • FULLY DISTRIBUTED DEGAUSSING SYSTEM:
      • SEMI-DISTRIBUTED DEGAUSSING SYSTEM:
      • CENTRALIZED DEGAUSSING SYSTEM:
    • CONTROL MODE
      • CURRENT CONTROLLER MAGNETOMETER:
    • TECHNOLOGICAL TRENDS
      • COPPER COILS
      • HTS MATERIAL
      • ONBOARD AERIAL RANGING
      • MULTI INFLUENCE RANGE SYSTEM
    • STRATEGIC BENCHMARKING
  • DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE
    • INTRODUCTION
      • Table DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE SIZE, 2016-2023 (USD MILLION)
      • Table DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
    • SMALL VESSELS
      • OPV
        • Table DEGAUSSING SYSTEM MARKET FOR OPV, BY REGION, 2016-2023 (USD MILLION)
      • MCMV
        • Table DEGAUSSING SYSTEM MARKET FOR MCMV, BY REGION, 2016-2023 (USD MILLION)
      • FAC
        • Table DEGAUSSING SYSTEM MARKET FOR FAC, BY REGION, 2016-2023 (USD MILLION)
    • MEDIUM VESSEL
      • SUBMARINES
        • Table DEGAUSSING SYSTEM MARKET FOR SUBMARINES, BY REGION, 2016-2023 (USD MILLION)
      • CORVETTES
        • Table DEGAUSSING SYSTEM MARKET FOR CORVETTES, BY REGION, 2016-2023 (USD MILLION)
      • DESTROYERS
        • Table DEGAUSSING SYSTEM MARKET FOR DESTROYERS, BY REGION, 2016-2023 (USD MILLION)
    • LARGE VESSEL
      • FRIGATES
        • Table DEGAUSSING SYSTEM MARKET FOR FRIGATES, BY REGION, 2016-2023 (USD MILLION)
      • AIRCRAFT CARRIERS
        • Table DEGAUSSING SYSTEM MARKET FOR AIRCRAFT CARRIERS, BY REGION, 2016-2023 (USD MILLION)
      • AMPHIBIOUS
        • Table DEGAUSSING SYSTEM MARKET FOR AMPHIBIOUS, BY REGION, 2016-2023 (USD MILLION)
  • DEGAUSSING SYSTEM MARKET, BY SOLUTION
    • INTRODUCTION
      • Table DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
    • RANGING
      • FIXED
      • ONBOARD
        • Table RANGING SOLUTION MARKET, BY REGION, 2016-2023 (USD MILLION)
        • Table RANGING SOLUTION MARKET, BY OFFERING, 2016-2023 (USD MILLION)
        • Table ONBOARD RANGING SOLUTION MARKET, BY PRODUCT, 2016-2023 (USD MILLION)
    • DEGAUSSING
      • PRODUCTS
      • SERVICES
        • Table DEGAUSSING SOLUTION MARKET, BY REGION, 2016-2023 (USD MILLION)
        • Table DEGAUSSING SOLUTION MARKET, BY OFFERING, 2016-2023 (USD MILLION)
        • Table ONBOARD DEGAUSSING SYSTEM MARKET, BY HARDWARE, 2016-2023 (USD MILLION)
    • DEPERMING
      • Table DEPERMING SOLUTION MARKET, BY REGION, 2016-2023 (USD MILLION)
  • DEGAUSSING SYSTEM MARKET, BY END USER
    • INTRODUCTION
      • Table DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
    • ORIGINAL EQUIPMENT MANUFACTURER (OEM)
      • Table DEGAUSSING SYSTEM OEM MARKET, BY REGION, 2016-2023 (USD MILLION)
    • AFTERMARKET
      • Table DEGAUSSING SYSTEM AFTERMARKET, BY REGION, 2016-2023 (USD MILLION)
    • SERVICES
      • Table DEGAUSSING SYSTEM SERVICES, BY REGION, 2016-2023 (USD MILLION)
  • REGIONAL ANALYSIS
    • INTRODUCTION
      • Table DEGAUSSING SYSTEM MARKET, BY REGION, 2016-2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA DEGAUSSING SYSTEM MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • US
        • Table US DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table US DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
        • Table US DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
      • CANADA
        • Table CANADA DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table CANADA DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
        • Table CANADA DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
    • EUROPE
      • Table EUROPE DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
      • Table EUROPE DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
      • Table EUROPE DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
      • Table EUROPE DEGAUSSING SYSTEM MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • UK
        • Table UK DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table UK DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
        • Table UK DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
      • GERMANY
        • Table GERMANY DEGAUSSING SYSTEM MARKET SIZE, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table GERMANY DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
        • Table GERMANY DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
      • FRANCE
        • Table FRANCE DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table FRANCE DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
        • Table FRANCE DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
      • RUSSIA
        • Table RUSSIA DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table RUSSIA DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
        • Table RUSSIA DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
      • ITALY
        • Table ITALY DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table ITALY DEGAUSSING SYSTEM MARKET SIZE, BY END USER, 2016-2023 (USD MILLION)
        • Table ITALY DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
      • SPAIN
        • Table SPAIN DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table SPAIN DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
        • Table SPAIN DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
      • REST OF EUROPE
        • Table REST OF EUROPE DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table REST OF EUROPE DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
        • Table REST OF EUROPE DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
    • ASIA PACIFIC
      • Table ASIA PACIFIC DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC DEGAUSSING SYSTEM MARKET, BY COUNTRY, 2016-2023 (USD MILLION)
      • CHINA
        • Table CHINA DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table CHINA DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
        • Table CHINA DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
      • INDIA
        • Table INDIA DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table INDIA DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
        • Table INDIA DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
      • JAPAN
        • Table JAPAN DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table JAPAN DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
        • Table JAPAN DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
      • SOUTH KOREA
        • Table SOUTH KOREA DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table SOUTH KOREA DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
        • Table SOUTH KOREA DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
      • NORTH KOREA
        • Table NORTH KOREA DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table NORTH KOREA DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
        • Table NORTH KOREA DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
      • REST OF ASIA PACIFIC
        • Table REST OF ASIA PACIFIC DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table REST OF ASIA PACIFIC DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
        • Table REST OF ASIA PACIFIC DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
    • ROW
      • Table ROW DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
      • Table ROW DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
      • Table ROW DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
      • Table ROW DEGAUSSING SYSTEM MARKET, BY REGION, 2016-2023 (USD MILLION)
      • ME&A
        • Table ME&A: DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table ME&A DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
        • Table ME&A DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
      • SOUTH AMERICA
        • Table SOUTH AMERICA DEGAUSSING SYSTEM MARKET, BY SOLUTION, 2016-2023 (USD MILLION)
        • Table SOUTH AMERICA DEGAUSSING SYSTEM MARKET, BY END USER, 2016-2023 (USD MILLION)
        • Table SOUTH AMERICA DEGAUSSING SYSTEM MARKET, BY VESSEL TYPE, 2016-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • INTRODUCTION
    • RANK ANALYSIS OF KEY PLAYERS IN THE DEGAUSSING SYSTEM MARKET
    • COMPETITIVE SCENARIO
      • CONTRACTS
        • Table CONTRACTS, 2014-2018
      • NEW PRODUCT LAUNCHES
        • Table NEW PRODUCT LAUNCHES, 2014-2018
  • COMPANY PROFILE
    • LARSEN & TURBO LIMITED
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • POLYAMP AB
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • WARTSILA CORPORATION
      • BUSINESS OVERVIEW
      • WARTSILA SAM ELECTRONICS GMBH
      • PRODUCTS & SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • ULTRA ELECTRONICS HOLDINGS PLC
      • BUSINESS OVERVIEW
      • ULTRA ELECTRONICS EMS
      • PRODUCTS OFFERED
      • SWOT ANALYSIS
      • MNM VIEW
    • ECA GROUP
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • IFEN S.P.A.
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • DAYATECH MERIN SDN. BHD.
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
    • AMERICAN SUPERCONDUCTOR CORPORATION
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • STL SYSTEMS AG
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
    • SURMA
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • L3 TECHNOLOGIES
      • BUSINESS OVERVIEW
      • PRODUCTS & SERVICES OFFERED
      • SWOT ANALYSIS
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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