Market Overview:
The global magnetic media degaussers market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for data storage and the need to protect data from being compromised. Coil degaussers are expected to lead the market in terms of revenue, followed by capacitive discharge degaussers and permanent magnet degaussers. Coil degaussers are used extensively in defense and government applications, owing to their ability to erase large volumes of data quickly. Capacitive discharge degaussers are used mainly by financial companies and hospitals, as they offer high security against data theft or destruction.
Product Definition:
A Magnetic Media Degausser is a device used to erase the data on magnetic media, such as hard drives and floppy disks. The importance of Magnetic Media Degaussers is that they provide a way to securely erase data so that it can't be recovered.
Coil Degaussers:
Coil degaussers are devices used to remove the magnetic contamination from a surface. They work by generating an electric current which wipes out the magnetism from the surfaces. The device consists of two metal sheets, one of them is fixed and other one is suspended between them by a rubber mat.
Capacitive Discharge Degaussers:
The capacitive discharge degaussers (CDDs) are used to remove the magnetic media from computers, storage devices, and other electronic equipment without affecting their functionality. The technology is based on the principle of super-capacitance which enables a charge to be stored in a nearby conductive surface even when the power source is removed.
Magnetic degaussers use an electromagnetic field for removing magnetic media including hard drives and tapes from computer equipment without any physical contact.
Application Insights:
The defense and government application segment led the global magnetic media degaussers market in 2017. The need to protect sensitive data stored on electronic devices from loss and theft is one of the key factors driving the demand for degaussers in this sector. In addition, stringent regulations regarding disposal of electronics waste are also expected to have a positive impact on industry growth over the forecast period.
The financial company segment is projected to witness significant growth over the next six years owing to increasing data breaches, frauds, and other crimes against organizations that store financial information. In addition, an increase in spending on security solutions is also expected to drive demand for degaussers in this sector over the forecast period.
Regional Analysis:
North America dominated the global market in 2017. The presence of a large number of data storage companies and hospitals in the region is expected to boost demand for magnetic media degaussers. In addition, increasing defense spending by the U.S., Canada, and Mexico is also likely to contribute toward industry growth over the next eight years.
Asia Pacific is anticipated to be one of the fastest-growing regions during the forecast period owing to rapid industrialization coupled with rising investments by various governments in developing countries such as China.
Growth Factors:
- Increasing demand for data security and privacy
- Proliferation of big data and the Internet of Things (IoT)
- Growing concern over information loss and data breaches
- Regulatory compliance mandates
- Increased use of magnetic media in storage, backup, and archiving applications
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnetic Media Degaussers Market Research Report
By Type
Coil Degaussers, Capacitive Discharge Degaussers, Permanent Magnet Degaussers
By Application
Defense and Government, Financial Company, Hospital, Radio/TV/Broadcasting, Data Storage Company, Others
By Companies
Garner, VS Security, Security Engineered Machinery, Proton Data Security, intimus, Data Security, Inc, Whitaker Brothers, IDEAL.MBM Corporation, Beijing Heshenda Information, ZhongChaoWeiye, Garner
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
134
Number of Tables & Figures
94
Customization Available
Yes, the report can be customized as per your need.
Global Magnetic Media Degaussers Market Report Segments:
The global Magnetic Media Degaussers market is segmented on the basis of:
Types
Coil Degaussers, Capacitive Discharge Degaussers, Permanent Magnet Degaussers
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Defense and Government, Financial Company, Hospital, Radio/TV/Broadcasting, Data Storage Company, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Garner
- VS Security
- Security Engineered Machinery
- Proton Data Security
- intimus
- Data Security, Inc
- Whitaker Brothers
- IDEAL.MBM Corporation
- Beijing Heshenda Information
- ZhongChaoWeiye
- Garner
Highlights of The Magnetic Media Degaussers Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Coil Degaussers
- Capacitive Discharge Degaussers
- Permanent Magnet Degaussers
- By Application:
- Defense and Government
- Financial Company
- Hospital
- Radio/TV/Broadcasting
- Data Storage Company
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Magnetic Media Degaussers Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Magnetic media degaussers are devices used to remove residual magnetic fields from storage media, such as hard drives, floppy disks, and CD-ROMs.
Some of the major companies in the magnetic media degaussers market are Garner, VS Security, Security Engineered Machinery, Proton Data Security, intimus, Data Security, Inc, Whitaker Brothers, IDEAL.MBM Corporation, Beijing Heshenda Information, ZhongChaoWeiye, Garner.
The magnetic media degaussers market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Magnetic Media Degaussers Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Magnetic Media Degaussers Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Magnetic Media Degaussers Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Magnetic Media Degaussers Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Magnetic Media Degaussers Market Size & Forecast, 2018-2028
4.5.1 Magnetic Media Degaussers Market Size and Y-o-Y Growth
4.5.2 Magnetic Media Degaussers Market Absolute $ Opportunity
Chapter 5 Global Magnetic Media Degaussers Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Magnetic Media Degaussers Market Size Forecast by Type
5.2.1 Coil Degaussers
5.2.2 Capacitive Discharge Degaussers
5.2.3 Permanent Magnet Degaussers
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Magnetic Media Degaussers Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Magnetic Media Degaussers Market Size Forecast by Applications
6.2.1 Defense and Government
6.2.2 Financial Company
6.2.3 Hospital
6.2.4 Radio/TV/Broadcasting
6.2.5 Data Storage Company
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Magnetic Media Degaussers Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Magnetic Media Degaussers Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Magnetic Media Degaussers Analysis and Forecast
9.1 Introduction
9.2 North America Magnetic Media Degaussers Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Magnetic Media Degaussers Market Size Forecast by Type
9.6.1 Coil Degaussers
9.6.2 Capacitive Discharge Degaussers
9.6.3 Permanent Magnet Degaussers
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Magnetic Media Degaussers Market Size Forecast by Applications
9.10.1 Defense and Government
9.10.2 Financial Company
9.10.3 Hospital
9.10.4 Radio/TV/Broadcasting
9.10.5 Data Storage Company
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Magnetic Media Degaussers Analysis and Forecast
10.1 Introduction
10.2 Europe Magnetic Media Degaussers Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Magnetic Media Degaussers Market Size Forecast by Type
10.6.1 Coil Degaussers
10.6.2 Capacitive Discharge Degaussers
10.6.3 Permanent Magnet Degaussers
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Magnetic Media Degaussers Market Size Forecast by Applications
10.10.1 Defense and Government
10.10.2 Financial Company
10.10.3 Hospital
10.10.4 Radio/TV/Broadcasting
10.10.5 Data Storage Company
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Magnetic Media Degaussers Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Magnetic Media Degaussers Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Magnetic Media Degaussers Market Size Forecast by Type
11.6.1 Coil Degaussers
11.6.2 Capacitive Discharge Degaussers
11.6.3 Permanent Magnet Degaussers
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Magnetic Media Degaussers Market Size Forecast by Applications
11.10.1 Defense and Government
11.10.2 Financial Company
11.10.3 Hospital
11.10.4 Radio/TV/Broadcasting
11.10.5 Data Storage Company
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Magnetic Media Degaussers Analysis and Forecast
12.1 Introduction
12.2 Latin America Magnetic Media Degaussers Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Magnetic Media Degaussers Market Size Forecast by Type
12.6.1 Coil Degaussers
12.6.2 Capacitive Discharge Degaussers
12.6.3 Permanent Magnet Degaussers
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Magnetic Media Degaussers Market Size Forecast by Applications
12.10.1 Defense and Government
12.10.2 Financial Company
12.10.3 Hospital
12.10.4 Radio/TV/Broadcasting
12.10.5 Data Storage Company
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Magnetic Media Degaussers Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Magnetic Media Degaussers Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Magnetic Media Degaussers Market Size Forecast by Type
13.6.1 Coil Degaussers
13.6.2 Capacitive Discharge Degaussers
13.6.3 Permanent Magnet Degaussers
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Magnetic Media Degaussers Market Size Forecast by Applications
13.10.1 Defense and Government
13.10.2 Financial Company
13.10.3 Hospital
13.10.4 Radio/TV/Broadcasting
13.10.5 Data Storage Company
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Magnetic Media Degaussers Market: Competitive Dashboard
14.2 Global Magnetic Media Degaussers Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Garner
14.3.2 VS Security
14.3.3 Security Engineered Machinery
14.3.4 Proton Data Security
14.3.5 intimus
14.3.6 Data Security, Inc
14.3.7 Whitaker Brothers
14.3.8 IDEAL.MBM Corporation
14.3.9 Beijing Heshenda Information
14.3.10 ZhongChaoWeiye
14.3.11 Garner
