Degaussing System Market By Type (Permanent Degaussing Systems, Electromagnetic Degaussing Systems, Hybrid Degaussing Systems), By Application (Naval Defense, Commercial Vessels, Offshore Platforms, Submarines), By Technology (Active Degaussing Systems, Passive Degaussing Systems, Electromagnetic Degaussing Systems), By End-User (Military & Defense, Commercial Shipping, Offshore Oil & Gas, Marine Industry), and By Region; Global Insights & Forecast (2023 – 2030)

As per Intent Market Research, the Degaussing System Market was valued at USD 1.8 billion in 2024-e and will surpass USD 3.2 billion by 2030; growing at a CAGR of 9.9% during 2025 - 2030. 

The degaussing system market plays a crucial role in protecting naval vessels and other maritime structures from magnetic mines, enemy detection, and the effects of geomagnetic fields. These systems are essential for maintaining stealth and operational efficiency in both military and commercial maritime operations. Degaussing involves the process of neutralizing the magnetic field surrounding a ship or submarine to avoid detection by enemy sensors. The growing demand for advanced maritime defense technologies and the increasing need for protection against underwater threats are driving the expansion of the degaussing system market.

The market is influenced by a variety of factors, including rising geopolitical tensions, the expansion of naval forces, and the increasing importance of maritime security. As military and commercial entities invest in more sophisticated degaussing systems, there is a strong emphasis on improving the capabilities of these systems, including their efficiency, durability, and integration with other defense technologies. The demand for degaussing systems is expected to increase in parallel with advancements in naval warfare and commercial shipping technologies.

Permanent Degaussing Systems Hold the Largest Market Share

Among the different types of degaussing systems, permanent degaussing systems dominate the market due to their high reliability and low maintenance requirements. These systems use permanent magnets to create a stable magnetic field that neutralizes external magnetic influences, providing continuous protection for vessels. Permanent degaussing systems are often preferred for military vessels, including naval defense ships, as they offer a long-lasting solution with minimal operational costs. Additionally, these systems are highly effective in neutralizing the magnetic field generated by the ship's own metal structure, which could otherwise make it detectable to enemy sensors.

The market for permanent degaussing systems is expected to continue growing, driven by the increasing demand for military vessels and the need for enhanced stealth capabilities. Furthermore, these systems are increasingly being integrated into the design of new vessels, including submarines and destroyers, to provide a strategic advantage in maritime defense operations.

Degaussing System Market Size

Electromagnetic Degaussing Systems for Enhanced Flexibility and Efficiency

Electromagnetic degaussing systems are gaining traction due to their ability to offer greater flexibility in neutralizing magnetic fields. These systems generate a variable magnetic field that can be adjusted to suit different types of vessels and operating conditions. Unlike permanent systems, electromagnetic systems can be fine-tuned to specific needs, allowing for greater control over the degaussing process. This adaptability makes them particularly attractive for commercial vessels and offshore platforms, where operational requirements can vary significantly.

Electromagnetic degaussing systems are also more effective in countering the magnetic fields caused by complex and diverse sources, such as electronic equipment, and offer enhanced protection against modern magnetic mines and detection devices. As the maritime industry continues to evolve, with increasing focus on hybrid and autonomous vessels, the demand for electromagnetic degaussing systems is expected to rise.

Naval Defense and Submarine Applications Drive Market Demand

The primary application driving the demand for degaussing systems is naval defense, where these systems are critical for maintaining the stealth and security of military vessels. Naval forces rely on degaussing systems to safeguard their ships and submarines from enemy detection, particularly in sensitive mission areas. As global tensions rise and nations invest heavily in modernizing their naval fleets, the need for advanced degaussing technology is expected to grow. These systems ensure that naval vessels can operate undetected, providing strategic advantages in warfare and countermeasures against underwater threats.

Submarines are another significant application for degaussing systems, as they are especially vulnerable to magnetic detection. Submarines require highly specialized degaussing systems to ensure that their magnetic signature is minimized and does not give away their location. The growing focus on submarine fleet expansions and technological advancements in stealth capabilities is expected to fuel the demand for degaussing systems in the coming years.

Military & Defense and Commercial Shipping Lead the End-User Market

Military & defense sectors remain the largest end-users of degaussing systems, driven by the increasing investments in advanced naval and defense technologies. As part of their efforts to enhance national security, many countries are modernizing their military fleets with state-of-the-art degaussing systems. These systems are vital for the protection of military assets, including aircraft carriers, destroyers, and submarines, ensuring that they can operate with minimal risk of detection.

Commercial shipping is another key end-user segment, as shipping companies seek to protect their vessels from underwater threats and magnetic mines. The growing importance of maritime trade, combined with increasing threats to commercial shipping routes, has led to a rise in the adoption of degaussing systems in the commercial maritime sector. These systems help safeguard vessels, reduce operational risks, and improve the overall safety and efficiency of maritime operations.

The offshore oil & gas industry is also emerging as a significant end-user, as offshore platforms and vessels face similar security threats from underwater mines and other magnetic interference. The adoption of degaussing systems in this sector is driven by the need to protect expensive infrastructure and ensure the safety of personnel working in harsh and high-risk environments.

Asia-Pacific Region Poised for Strong Growth in Degaussing Systems

The Asia-Pacific region is expected to witness the highest growth rate in the degaussing system market due to the rapid expansion of naval forces and the increasing demand for maritime defense technologies. Countries such as China, India, and Japan are investing heavily in modernizing their naval fleets and improving their defense capabilities, which is driving the demand for degaussing systems. Additionally, the growing commercial shipping activities in countries like China and South Korea are expected to further boost the market for degaussing systems in the region.

The increasing importance of maritime security in this region, coupled with the rise in offshore exploration and defense activities, positions Asia-Pacific as a key growth market for degaussing system manufacturers. As naval and commercial operations continue to evolve, the need for advanced degaussing systems will remain a priority for nations seeking to enhance their maritime defense and security infrastructure.

Degaussing System Market Size by Region 2030

Competitive Landscape and Key Players

The degaussing system market is competitive, with several key players focusing on developing advanced, customizable solutions to meet the evolving needs of military, commercial, and industrial users. Companies such as L3 Technologies, Thales Group, Lockheed Martin, and General Electric are at the forefront of innovation in the degaussing system market. These companies are continually enhancing their product offerings by integrating advanced technologies, such as active and passive degaussing systems, to provide superior protection and efficiency.

Partnerships, collaborations, and acquisitions are common strategies employed by these companies to expand their market presence and improve their product portfolios. As the market for degaussing systems continues to evolve, these key players are expected to drive further technological advancements and growth in the industry.

List of Leading Companies:

  • Saab Group
  • Thales Group
  • Lockheed Martin Corporation
  • BAE Systems Plc
  • Leonardo S.p.A.
  • Northrop Grumman Corporation
  • Elbit Systems Ltd.
  • General Dynamics Corporation
  • Raytheon Technologies Corporation
  • Kongsberg Gruppen ASA
  • Naval Group
  • DCNS (Naval Group)
  • L3Harris Technologies
  • Mitsubishi Heavy Industries
  • Rolls-Royce Holdings Plc

Recent Developments:

  • In December 2024, Saab Group announced the development of an advanced electromagnetic degaussing system for naval vessels.
  • In November 2024, Thales Group unveiled a hybrid degaussing system for commercial shipping applications.
  • In October 2024, Lockheed Martin secured a contract to supply degaussing systems for offshore oil platforms.
  • In September 2024, BAE Systems introduced an updated passive degaussing system for military submarines.
  • In August 2024, Raytheon Technologies Corporation launched a new active degaussing solution for defense ships.

Report Scope:

Report Features

Description

Market Size (2024-e)

USD 1.8 billion

Forecasted Value (2030)

USD 3.2 billion

CAGR (2025 – 2030)

9.9%

Base Year for Estimation

2024-e

Historic Year

2023

Forecast Period

2025 – 2030

Report Coverage

Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments

Segments Covered

Degaussing System Market By Type (Permanent Degaussing Systems, Electromagnetic Degaussing Systems, Hybrid Degaussing Systems), By Application (Naval Defense, Commercial Vessels, Offshore Platforms, Submarines), By Technology (Active Degaussing Systems, Passive Degaussing Systems, Electromagnetic Degaussing Systems), By End-User (Military & Defense, Commercial Shipping, Offshore Oil & Gas, Marine Industry)

Regional Analysis

North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa)

Major Companies

Saab Group, Thales Group, Lockheed Martin Corporation, BAE Systems Plc, Leonardo S.p.A., Northrop Grumman Corporation, Elbit Systems Ltd., General Dynamics Corporation, Raytheon Technologies Corporation, Kongsberg Gruppen ASA, Naval Group, DCNS (Naval Group), L3Harris Technologies, Mitsubishi Heavy Industries, Rolls-Royce Holdings Plc

Customization Scope

Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements

1. Introduction

   1.1. Market Definition

   1.2. Scope of the Study

   1.3. Research Assumptions

   1.4. Study Limitations

2. Research Methodology

   2.1. Research Approach

      2.1.1. Top-Down Method

      2.1.2. Bottom-Up Method

      2.1.3. Factor Impact Analysis

  2.2. Insights & Data Collection Process

      2.2.1. Secondary Research

      2.2.2. Primary Research

   2.3. Data Mining Process

      2.3.1. Data Analysis

      2.3.2. Data Validation and Revalidation

      2.3.3. Data Triangulation

3. Executive Summary

   3.1. Major Markets & Segments

   3.2. Highest Growing Regions and Respective Countries

   3.3. Impact of Growth Drivers & Inhibitors

   3.4. Regulatory Overview by Country

4. Degaussing System Market, by Type (Market Size & Forecast: USD Million, 2023 – 2030)

   4.1. Permanent Degaussing Systems

   4.2. Electromagnetic Degaussing Systems

   4.3. Hybrid Degaussing Systems

   4.4. Others

5. Degaussing System Market, by Application (Market Size & Forecast: USD Million, 2023 – 2030)

   5.1. Naval Defense

   5.2. Commercial Vessels

   5.3. Offshore Platforms

   5.4. Submarines

   5.5. Others

6. Degaussing System Market, by Technology (Market Size & Forecast: USD Million, 2023 – 2030)

   6.1. Active Degaussing Systems

   6.2. Passive Degaussing Systems

   6.3. Electromagnetic Degaussing Systems

   6.4. Others

7. Degaussing System Market, by End-User (Market Size & Forecast: USD Million, 2023 – 2030)

   7.1. Military & Defense

   7.2. Commercial Shipping

   7.3. Offshore Oil & Gas

   7.4. Marine Industry

   7.5. Others

8. Regional Analysis (Market Size & Forecast: USD Million, 2023 – 2030)

   8.1. Regional Overview

   8.2. North America

      8.2.1. Regional Trends & Growth Drivers

      8.2.2. Barriers & Challenges

      8.2.3. Opportunities

      8.2.4. Factor Impact Analysis

      8.2.5. Technology Trends

      8.2.6. North America Degaussing System Market, by Type

      8.2.7. North America Degaussing System Market, by Application

      8.2.8. North America Degaussing System Market, by Technology

      8.2.9. North America Degaussing System Market, by End-User

      8.2.10. By Country

         8.2.10.1. US

               8.2.10.1.1. US Degaussing System Market, by Type

               8.2.10.1.2. US Degaussing System Market, by Application

               8.2.10.1.3. US Degaussing System Market, by Technology

               8.2.10.1.4. US Degaussing System Market, by End-User

         8.2.10.2. Canada

         8.2.10.3. Mexico

    *Similar segmentation will be provided for each region and country

   8.3. Europe

   8.4. Asia-Pacific

   8.5. Latin America

   8.6. Middle East & Africa

9. Competitive Landscape

   9.1. Overview of the Key Players

   9.2. Competitive Ecosystem

      9.2.1. Level of Fragmentation

      9.2.2. Market Consolidation

      9.2.3. Product Innovation

   9.3. Company Share Analysis

   9.4. Company Benchmarking Matrix

      9.4.1. Strategic Overview

      9.4.2. Product Innovations

   9.5. Start-up Ecosystem

   9.6. Strategic Competitive Insights/ Customer Imperatives

   9.7. ESG Matrix/ Sustainability Matrix

   9.8. Manufacturing Network

      9.8.1. Locations

      9.8.2. Supply Chain and Logistics

      9.8.3. Product Flexibility/Customization

      9.8.4. Digital Transformation and Connectivity

      9.8.5. Environmental and Regulatory Compliance

   9.9. Technology Readiness Level Matrix

   9.10. Technology Maturity Curve

   9.11. Buying Criteria

10. Company Profiles

   10.1. Saab Group

      10.1.1. Company Overview

      10.1.2. Company Financials

      10.1.3. Product/Service Portfolio

      10.1.4. Recent Developments

      10.1.5. IMR Analysis

    *Similar information will be provided for other companies 

   10.2. Thales Group

   10.3. Lockheed Martin Corporation

   10.4. BAE Systems Plc

   10.5. Leonardo S.p.A.

   10.6. Northrop Grumman Corporation

   10.7. Elbit Systems Ltd.

   10.8. General Dynamics Corporation

   10.9. Raytheon Technologies Corporation

   10.10. Kongsberg Gruppen ASA

   10.11. Naval Group

   10.12. DCNS (Naval Group)

   10.13. L3Harris Technologies

   10.14. Mitsubishi Heavy Industries

   10.15. Rolls-Royce Holdings Plc

11. Appendix

A comprehensive market research approach was employed to gather and analyze data on the Degaussing System Market. In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Degaussing System Market. The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.

Research Approach -

Secondary Research

Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.

Primary Research

Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:

  • Validating findings and assumptions derived from secondary research
  • Gathering qualitative and quantitative data on market trends, drivers, and challenges
  • Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
  • Assessing the supply-side landscape, including technological advancements and recent developments

Market Size Assessment

A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Degaussing System Market. These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:

  1. Identification of key industry players and relevant revenues through extensive secondary research
  2. Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
  3. Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources

Bottom Up and Top Down -

Data Triangulation

To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.

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