Market Overview:
The global permanent magnet degausser 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 security and privacy across different industries, such as defense and government, financial companies, hospitals, radio/TV/broadcasting companies, and data storage companies. Additionally, the increasing adoption of mobile devices has led to an increase in the amount of sensitive data that is stored on these devices. This has resulted in a higher demand for permanent magnet degaussers that can erase this data quickly and securely.
Product Definition:
A permanent magnet degausser is a device that uses a permanent magnet to demagnetize magnetic media. The importance of a permanent magnet degausser is that it can permanently erase data from magnetic media, making it impossible to recover the data.
Mobile Operations:
Mobile operations is a set of processes and techniques used in handling the equipment or goods. It includes loading, unloading, inventory management, order processing and shipping among others. The key factor driving this market is increasing demand for M-commerce which has led to an increase in the number of smartphones globally.
High Volume:
High volume and it's usage in Permanent Magnet Degausser market is a device that removes magnetic contamination from high volume air by using a stream of dry air with the help of vacuum. The de-magnetization process is done by collision between contaminated particles and the dry gas flow. This method also helps to clean large volumes of metal at one time, which makes it an effective technology for cleaning ferrous as well as non-ferrous metals.
Application Insights:
The defense and government application segment led the market in 2017. The segment is likely to expand at a CAGR of XX% over the forecast period owing to increasing demand for degaussing devices from military and government sectors across the globe.
The financial company application segment is expected to witness a significant growth rate over the forecast period owing to rising demand for magnetic storage solutions from banks, stock markets, etc.
Regional Analysis:
North America dominated the global permanent magnet degausser market in 2017. The region is expected to witness a growth rate of 5.6% over the forecast period, owing to increasing demand for magnetic products from various end-use industries such as defense and government, financial services, healthcare & life sciences, IT & telecommunication sector. Increasing penetration of storage devices such as hard disk drives (HDDs), solid state drives (SSDs) and digital versatile disc (DVDs) is also anticipated to drive the regional market growth over the forecast period.
The Asia Pacific is expected to grow at a significant CAGR during the same period due to rapid industrialization in emerging economies like China and India along with growing demand for electronic products from other developing countries like South Korea and Taiwan.
Growth Factors:
- Increasing demand for data security and privacy
- Growing awareness about the benefits of using degaussers
- Proliferation of digital content and data
- Stringent government regulations on data security
- Rising demand from SMEs
Scope Of The Report
Report Attributes
Report Details
Report Title
Permanent Magnet Degausser Market Research Report
By Type
Mobile Operations, High Volume
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
155
Number of Tables & Figures
109
Customization Available
Yes, the report can be customized as per your need.
Global Permanent Magnet Degausser Market Report Segments:
The global Permanent Magnet Degausser market is segmented on the basis of:
Types
Mobile Operations, High Volume
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 Permanent Magnet Degausser 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:
- Mobile Operations
- High Volume
- 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 Permanent Magnet Degausser 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
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
A permanent magnet degausser is a device used to remove magnetic fields from electronic equipment.
Some of the major players in the permanent magnet degausser 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 permanent magnet degausser 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 Permanent Magnet Degausser 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 Permanent Magnet Degausser Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Permanent Magnet Degausser 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 Permanent Magnet Degausser 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 Permanent Magnet Degausser Market Size & Forecast, 2018-2028
4.5.1 Permanent Magnet Degausser Market Size and Y-o-Y Growth
4.5.2 Permanent Magnet Degausser Market Absolute $ Opportunity
Chapter 5 Global Permanent Magnet Degausser 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 Permanent Magnet Degausser Market Size Forecast by Type
5.2.1 Mobile Operations
5.2.2 High Volume
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Permanent Magnet Degausser 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 Permanent Magnet Degausser 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 Permanent Magnet Degausser 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 Permanent Magnet Degausser 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 Permanent Magnet Degausser Analysis and Forecast
9.1 Introduction
9.2 North America Permanent Magnet Degausser 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 Permanent Magnet Degausser Market Size Forecast by Type
9.6.1 Mobile Operations
9.6.2 High Volume
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 Permanent Magnet Degausser 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 Permanent Magnet Degausser Analysis and Forecast
10.1 Introduction
10.2 Europe Permanent Magnet Degausser 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 Permanent Magnet Degausser Market Size Forecast by Type
10.6.1 Mobile Operations
10.6.2 High Volume
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 Permanent Magnet Degausser 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 Permanent Magnet Degausser Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Permanent Magnet Degausser 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 Permanent Magnet Degausser Market Size Forecast by Type
11.6.1 Mobile Operations
11.6.2 High Volume
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 Permanent Magnet Degausser 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 Permanent Magnet Degausser Analysis and Forecast
12.1 Introduction
12.2 Latin America Permanent Magnet Degausser 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 Permanent Magnet Degausser Market Size Forecast by Type
12.6.1 Mobile Operations
12.6.2 High Volume
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 Permanent Magnet Degausser 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) Permanent Magnet Degausser Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Permanent Magnet Degausser 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) Permanent Magnet Degausser Market Size Forecast by Type
13.6.1 Mobile Operations
13.6.2 High Volume
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) Permanent Magnet Degausser 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 Permanent Magnet Degausser Market: Competitive Dashboard
14.2 Global Permanent Magnet Degausser 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
