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Europe Hard Drive Degausser Market Size, Share & Trends Analysis Report By Type (Coil Degaussers, Capacitive Discharge Degaussers, and Permanent Magnet Degaussers), By Application, By Country and Growth Forecast, 2024 - 2031

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    Report

  • 75 Pages
  • December 2024
  • Region: Europe
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 6041540
The Europe Hard Drive Degausser Market is expected to witness market growth of 7.3% CAGR during the forecast period (2024-2031).

The Germany market dominated the Europe Hard Drive Degausser Market by country in 2023, and is expected to continue to be a dominant market till 2031; thereby, achieving a market value of $10.89 millions by 2031. The UK market exhibits a CAGR of 6.4% during 2024-2031. Additionally, the France market is expected to experience a CAGR of 8.2% during 2024-2031.



The need for data destruction solutions extends beyond regulatory compliance. Organizations increasingly recognize the importance of secure data disposal as a key component of their cybersecurity strategies. Hard drive degaussers offer assurance that traditional methods, such as overwriting or physical destruction, cannot match. By disrupting the magnetic fields that encode data, degaussers render information permanently inaccessible, eliminating the risk of unauthorized recovery. This capability is particularly valuable in industries where data security is paramount, such as defense, government, and technology.

The environmental benefits of hard drive degaussers have also contributed to their growing adoption. Unlike physical destruction methods, which often result in electronic waste, degaussing preserves the physical integrity of storage devices, enabling their reuse or recycling. This is consistent with the worldwide initiative to promote sustainability and the circular economy. Degaussers are being implemented by numerous organizations as part of their initiatives to guarantee secure data disposal, minimize pollution, and reduce their environmental impact. By securely erasing data, degaussers allow hard drives to be refurbished or repurposed, contributing to resource conservation and environmental protection.

In France, data storage companies must adhere to the French Data Protection Act (Loi Informatique et Libertés), which governs the processing of personal data. This legislation, in conjunction with the GDPR, imposes strict requirements on data controllers and processors to ensure the confidentiality and security of personal data. Similarly, Italy enforces the GDPR alongside its national data protection code, mandating that data storage companies implement appropriate measures for data security. These regulatory frameworks drive the adoption of degaussing technology to securely erase data from decommissioned storage devices, ensuring compliance and mitigating the risk of data breaches. Hence, this collective movement towards enhanced data security measures propels the demand for degaussing technology throughout the region.

List of Key Companies Profiled

  • Garner Products, Inc.
  • Magnetic Products, Inc.
  • Security Engineered Machinery Co., Inc.
  • Proton Data Security, LLC
  • Intimus International Group
  • Data Security, Inc.
  • Whitaker Brothers Business Machines, Inc.
  • MBM Corporation
  • Beijing Heshenda Information Security Technology Co., Ltd.

Market Report Segmentation

By Type

  • Coil Degaussers
  • Capacitive Discharge Degaussers
  • Permanent Magnet Degaussers

By Application

  • Defense & Government
  • Financial Company
  • Data Storage Company
  • Hospital
  • Radio/TV/Broadcasting
  • Other Application

By Country

  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Hard Drive Degausser Market, by Type
1.4.2 Europe Hard Drive Degausser Market, by Application
1.4.3 Europe Hard Drive Degausser Market, by Country
1.5 Methodology for the Research
Chapter 2. Market at a Glance
2.1 Key Highlights
Chapter 3. Market Overview
3.1 Introduction
3.1.1 Overview
3.1.1.1 Market Composition and Scenario
3.2 Key Factors Impacting the Market
3.2.1 Market Drivers
3.2.2 Market Restraints
3.2.3 Market Opportunities
3.2.4 Market Challenges
3.3 Porter Five Forces Analysis
Chapter 4. Europe Hard Drive Degausser Market by Type
4.1 Europe Coil Degaussers Market by Country
4.2 Europe Capacitive Discharge Degaussers Market by Country
4.3 Europe Permanent Magnet Degaussers Market by Country
Chapter 5. Europe Hard Drive Degausser Market by Application
5.1 Europe Defense & Government Market by Country
5.2 Europe Financial Company Market by Country
5.3 Europe Data Storage Company Market by Country
5.4 Europe Hospital Market by Country
5.5 Europe Radio/TV/Broadcasting Market by Country
5.6 Europe Other Application Market by Country
Chapter 6. Europe Hard Drive Degausser Market by Country
6.1 Germany Hard Drive Degausser Market
6.1.1 Germany Hard Drive Degausser Market by Type
6.1.2 Germany Hard Drive Degausser Market by Application
6.2 UK Hard Drive Degausser Market
6.2.1 UK Hard Drive Degausser Market by Type
6.2.2 UK Hard Drive Degausser Market by Application
6.3 France Hard Drive Degausser Market
6.3.1 France Hard Drive Degausser Market by Type
6.3.2 France Hard Drive Degausser Market by Application
6.4 Russia Hard Drive Degausser Market
6.4.1 Russia Hard Drive Degausser Market by Type
6.4.2 Russia Hard Drive Degausser Market by Application
6.5 Spain Hard Drive Degausser Market
6.5.1 Spain Hard Drive Degausser Market by Type
6.5.2 Spain Hard Drive Degausser Market by Application
6.6 Italy Hard Drive Degausser Market
6.6.1 Italy Hard Drive Degausser Market by Type
6.6.2 Italy Hard Drive Degausser Market by Application
6.7 Rest of Europe Hard Drive Degausser Market
6.7.1 Rest of Europe Hard Drive Degausser Market by Type
6.7.2 Rest of Europe Hard Drive Degausser Market by Application
Chapter 7. Company Profiles
7.1 Garner Products, Inc.
7.1.1 Company Overview
7.2 Magnetic Products, Inc.
7.2.1 Company Overview
7.3 Security Engineered Machinery Co., Inc.
7.3.1 Company Overview
7.4 Proton Data Security, LLC
7.4.1 Company Overview
7.5 Intimus International Group
7.5.1 Company Overview
7.6 Data Security, Inc.
7.6.1 Company Overview
7.7 Whitaker Brothers Business Machines, Inc.
7.7.1 Company Overview
7.8 IDEAL.MBM Corporation
7.8.1 Company Overview
7.9 Beijing Heshenda Information Security Technology Co., Ltd.
7.9.1 Company Overview

Companies Mentioned

  • Garner Products, Inc.
  • Magnetic Products, Inc.
  • Security Engineered Machinery Co., Inc.
  • Proton Data Security, LLC
  • Intimus International Group
  • Data Security, Inc.
  • Whitaker Brothers Business Machines, Inc.
  • IDEAL.MBM Corporation
  • Beijing Heshenda Information Security Technology Co., Ltd.

Methodology

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