“Degaussing Systems Market Outlook – Enhancing Maritime Stealth in a Digital Warfare Era”
The Degaussing System Market, valued at USD 5.7 billion in 2022, is expected to reach USD 7.45 billion by 2030, growing at a CAGR of 3.91% from 2024 to 2030. In this group discussion, we dive into the relevance, technological advancements, and global demand fueling this steady growth.
To start with, degaussing systems are primarily used in naval defense to reduce or eliminate a vessel’s magnetic signature. This is crucial in modern naval warfare, where magnetic mines and detection systems pose a significant threat. The increasing sophistication of undersea threats has elevated the importance of electromagnetic signature management, which is a primary driver of this market.
One of the most interesting discussion points is the rising global investment in naval fleets. Countries like the U.S., China, India, and several European nations are actively modernizing their maritime forces. With stealth and survivability becoming a key strategic focus, integrating advanced degaussing systems into new…