The degaussing system market was valued at USD 726.8 million in 2017 and is projected to reach USD 981.2 million by 2023, at a CAGR of 3.92% during the forecast period.
The objective of this study is to analyze, define, describe, and forecast the degaussing system market based on solution, end user, vessel type, and region. The report also focuses on providing a competitive landscape of this market by profiling companies based on their financial positions, product portfolios, and growth strategies as well as analyzing their core competencies and market share to anticipate the degree of competition prevailing in the market. This report tracks and analyzes competitive developments such as contracts and new product launches/developments in the degaussing system market. The base year considered for this study is 2017 and the forecast period is from 2018 to 2023.
The research methodology used to estimate and forecast the size of the degaussing system market began with capturing data on key vendor revenues. This research study involved the extensive use of secondary sources, directories, and databases, such as Hoovers, Bloomberg Businessweek, and Factiva to identify and collect relevant information on the degaussing system market. The bottom-up procedure was employed to arrive at the overall size of the degaussing system market by determining the revenue of key market players. After arriving at the overall market size, the degaussing system market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key industry experts, such as CEOs, VPs, directors, executives, and engineers. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and arrive at the exact statistics for all the segments and subsegments.
Market Ecosystem
The degaussing system market has been segmented on the basis solution, end user, vessel type, and region. L&T (India), Polyamp (Sweden), ECA (France), Ultra Electronic (UK), Ifen SpA (Italy), Dayatech Merin (Malaysia), AMSC (US), STL System AG (Switzerland), and Surma LTD. (Switzerland), among others, are key manufacturers of degaussing systems. Contracts and new product launches/developments are the major strategies adopted by key players in the degaussing system market.
Target Audience for this Report
Manufacturers of Degaussing Systems
Component Manufacturers of Degaussing Systems
Government and Certification Bodies
Full Report @ https://www.marketsandmarkets.com/Market-Reports/degaussing-system-market-212277118.html
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