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Global Degaussing System Market Analysis, Trends, and Forecasts 2019-2025 - ResearchAndMarkets.com

February 27, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Feb 27, 2020--

The “Degaussing System - Market Analysis, Trends, and Forecasts” report has been added to ResearchAndMarkets.com’s offering.

Degaussing System market worldwide is projected to grow by US$235.1 Million, driven by a compounded growth of 3.8%.

Degaussing, one of the segments analyzed and sized in this study, displays the potential to grow at over 3.6%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the market. Poised to reach over US$477.2 Million by the year 2025, Degaussing will bring in healthy gains adding significant momentum to global growth.

Representing the developed world, the United States will maintain a 3% growth momentum. Within Europe, which continues to remain an important element in the world economy, Germany will add over US$8.6 Million to the region’s size and clout in the next 5 to 6 years. Over US$7 Million worth of projected demand in the region will come from Rest of Europe markets. In Japan, Degaussing will reach a market size of US$25.6 Million by the close of the analysis period. As the world’s second largest economy and the new game changer in global markets, China exhibits the potential to grow at 5.9% over the next couple of years and add approximately US$65.1 Million in terms of addressable opportunity for the picking by aspiring businesses and their astute leaders. Presented in visually rich graphics are these and many more need-to-know quantitative data important in ensuring quality of strategy decisions, be it entry into new markets or allocation of resources within a portfolio. Several macroeconomic factors and internal market forces will shape growth and development of demand patterns in emerging countries in Asia-Pacific, Latin America and the Middle East. All research viewpoints presented are based on validated engagements from influencers in the market, whose opinions supersede all other research methodologies.

Competitors identified in this market include, among others,

  • American Superconductor Corporation
  • Dayatech Merin Sdn Bhd.
  • ECA Group
  • Ifen S.P.A.
  • L3 Technologies, Inc.
  • Larsen & Toubro Ltd.
  • Polyamp AB
  • STL Systems AG
  • Surma Ltd
  • Ultra Electronics Holdings PLC
  • Wartsila Corporation

Key Topics Covered:

I. INTRODUCTION, METHODOLOGY & REPORT SCOPE

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • Rising Significance of Degaussing Systems in Naval Warfare
  • Surging Defense (Navy) Spending Supports Drive Growth in the Degaussing System Market
  • Military Expenditure Worldwide in US$ Billion for the Years 2000 through 2018
  • Leading Countries Ranked by Defense Budgets in US$ Billion for 2018
  • With Territorial Disputes in South China Sea Driving Spending on Naval Vessels, Demand Rises for Degaussing Systems
  • Growing Maritime Warfare Exercises Present Growth Opportunity for the Market
  • Technology Advancements Fuel Growth in the Degaussing Equipment Market
  • Challenges Confronting Degaussing Market

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

GEOGRAPHIC MARKET ANALYSIS

UNITED STATES

  • Market Facts & Figures
  • US Degaussing System Market Share (in %) by Company: 2019 & 2025
  • Market Analytics

CANADA

JAPAN

CHINA

EUROPE

  • Market Facts & Figures
  • European Degaussing System Market: Competitor Market Share Scenario (in %) for 2019 & 2025
  • Market Analytics

FRANCE

GERMANY

ITALY

UNITED KINGDOM

SPAIN

RUSSIA

REST OF EUROPE

ASIA-PACIFIC

AUSTRALIA

INDIA

SOUTH KOREA

REST OF ASIA-PACIFIC

LATIN AMERICA

ARGENTINA

BRAZIL

MEXICO

REST OF LATIN AMERICA

MIDDLE EAST

IRAN

ISRAEL

SAUDI ARABIA

UNITED ARAB EMIRATES

REST OF MIDDLE EAST

AFRICA

IV. COMPETITION

V. CURATED RESEARCH

For more information about this report visit https://www.researchandmarkets.com/r/sl234r

View source version on businesswire.com:https://www.businesswire.com/news/home/20200227005459/en/

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KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE

SOURCE: Research and Markets

Copyright Business Wire 2020.

PUB: 02/27/2020 06:55 AM/DISC: 02/27/2020 06:55 AM

http://www.businesswire.com/news/home/20200227005459/en