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Download Free sampleThe global Degaussing Equipment market was valued at US$ 45 million in 2022 and is projected to reach US$ 53 million by 2029, at a CAGR of 2.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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.
Degaussing Equipment Market aims to provide a comprehensive presentation of the global market for Degaussing Equipment, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Degaussing Equipment. Degaussing Equipment Market contains market size and forecasts of Degaussing Equipment in global, including the following market information:
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.
We surveyed the Degaussing Equipment manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
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