The global degaussing system market size was valued at USD 783.5 billion in 2021 and is poised to grow at a significant CAGR of 3.5% during the forecast period 2022-28. A gigantic floating magnet surrounded by a large magnetic field is referred to as a steel-hulled ship. The magnetic field around the ship moves as it goes through the sea, adding or subtracting from the Earth's magnetic field....
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