According to a TechSci Research report titled “ Degaussing System Market - Global Industry Size, Share, Trends, Competition Forecast Opportunities, 2030F,” the global degaussing system market was valued at USD 998.54 million in 2024 and is projected to reach USD 1,420.44 million by 2030, growing at a compound annual growth rate ( CAGR) of 6.05% during the forecast period. This growth is being driven by rising maritime security concerns, rapid naval modernization efforts, and the expanding commercial shipping industry, all of which are increasing the demand for degaussing systems across military and civilian applications.
Degaussing systems are vital components in naval and commercial vessels, designed to reduce or neutralize a ship's magnetic signature. This is particularly important for protecting vessels from magnetic mines, underwater improvised explosive devices ( IEDs), and detection by enemy sonar and underwater surveillance systems. As tensions rise across geopolitical hotspots and maritime borders become more contested, the demand for advanced stealth and protection mechanisms has emerged. In this context, degaussing systems play a critical role in safeguarding fleet operations and enhancing survivability in potentially hostile environments.
One of the primary growth drivers for the global degaussing system market is the steady increase in naval defense budgets and modernization programs being rolled out by countries worldwide. Many nations are upgrading their naval fleets with new vessels equipped with cutting -edge technologies, including integrated degaussing systems. These investments aim to improve stealth, increase operational security, and reduce the risk of detection or targeting by adversarial forces. The move toward automation and digitalization in naval warfare further reinforces the adoption of modern degaussing systems that offer improved efficiency, remote control capabilities, and reduced maintenance requirements.
While defense applications remain a major focus, the commercial sector is emerging as a significant contributor to the growth of the degaussing system market. As international trade expands and shipping routes become increasingly congested and exposed to security risks, commercial shipping operators are investing in advanced protection technologies. Commercial vessels, especially those operating in or transiting through high-risk or politically unstable regions, face growing threats from piracy, underwater mines, and other maritime hazards. As a result, the adoption of degaussing systems in commercial fleets is accelerating, particularly among oil and gas exploration ships, cargo vessels, and specialized marine research crafts.
Another key trend shaping the market is the continuous advancement in degaussing technology. Traditional manual systems are being replaced by digital and automated solutions that offer better performance, reduced human error, and enhanced integration with other shipboard defense and navigation systems. These modern
