LAMEA 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

PUBLISHED: December 20, 2024

PAGES: 74 Pages

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The Latin America, Middle East and Africa Hard Drive Degausser Market would witness market growth of 9.4% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Hard Drive Degausser Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $3,446.1 Thousands by 2031. The Argentina market is expected to witness a CAGR of 10% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 8.4% during (2024 - 2031).

The growing volume of e-waste, driven by shorter product lifecycles and rapid technological advancements, has significantly increased the demand for secure and sustainable disposal methods. Sensitive data is frequently present on obsolete devices, such as hard drives, and if not properly deleted, it can pose a security risk. Organizations are adopting hard drive degaussers to mitigate this and ensure data is irretrievably destroyed before devices are recycled or repurposed.

Degaussers also contribute to sustainability by preserving the physical integrity of storage devices, enabling their reuse or recycling instead of destruction. Unlike shredding, which generates waste and eliminates the possibility of repurposing components, degaussing supports the circular economy by reducing e-waste and conserving resources. As the e-waste crisis continues to grow, the role of degaussers in securely managing discarded electronics while aligning with environmental conservation efforts is becoming increasingly vital for businesses and institutions.

In Saudi Arabia, the healthcare sector is governed by the Personal Data Protection Law (PDPL), which mandates strict data protection measures for personal health information. With SAR 167 billion (approximately USD 44.5 billion) allocated to healthcare and social development in 2021, integrating advanced technologies like AI-powered analytics and IT systems is reshaping data management processes. These advancements drive the need for secure data destruction solutions like degaussers to handle sensitive information within healthcare and other critical sectors, supporting the country's commitment to data security and regulatory compliance.

Furthermore, the General Data Protection Law (Lei Geral de Protecao de Dados, LGPD) establishes Brazil's comprehensive data processing and protection guidelines. Data storage companies must implement stringent security measures to protect personal data, including its secure disposal. The National Data Protection Authority (Autoridade Nacional de Protecao de Dados, ANPD) oversees compliance with the LGPD, emphasizing the importance of secure data destruction practices. As a consequence, data storage companies are increasingly investing in degaussing technology to guarantee that data on decommissioned drives is permanently obliterated. Therefore, the region will present lucrative opportunities to expand the market in the coming years.

Based on Type, the market is segmented into Coil Degaussers, Capacitive Discharge Degaussers, and Permanent Magnet Degaussers. Based on Application, the market is segmented into Defense & Government, Financial Company, Data Storage Company, Hospital, Radio/TV/Broadcasting, and Other Application. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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.
IDEAL.MBM Corporation
Beijing Heshenda Information Security Technology Co., Ltd.

LAMEA Hard Drive Degausser 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

Brazil
Argentina
UAE
Saudi Arabia
South Africa
Nigeria
Rest of LAMEA

Chapter 1. Market Scope & Methodology

1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
- 1.4.1 LAMEA Hard Drive Degausser Market, by Type
- 1.4.2 LAMEA Hard Drive Degausser Market, by Application
- 1.4.3 LAMEA 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. LAMEA Hard Drive Degausser Market by Type

4.1 LAMEA Coil Degaussers Market by Country
4.2 LAMEA Capacitive Discharge Degaussers Market by Country
4.3 LAMEA Permanent Magnet Degaussers Market by Country

Chapter 5. LAMEA Hard Drive Degausser Market by Application

5.1 LAMEA Defense & Government Market by Country
5.2 LAMEA Financial Company Market by Country
5.3 LAMEA Data Storage Company Market by Country
5.4 LAMEA Hospital Market by Country
5.5 LAMEA Radio/TV/Broadcasting Market by Country
5.6 LAMEA Other Application Market by Country

Chapter 6. LAMEA Hard Drive Degausser Market by Country

6.1 Brazil Hard Drive Degausser Market
- 6.1.1 Brazil Hard Drive Degausser Market by Type
- 6.1.2 Brazil Hard Drive Degausser Market by Application
6.2 Argentina Hard Drive Degausser Market
- 6.2.1 Argentina Hard Drive Degausser Market by Type
- 6.2.2 Argentina Hard Drive Degausser Market by Application
6.3 UAE Hard Drive Degausser Market
- 6.3.1 UAE Hard Drive Degausser Market by Type
- 6.3.2 UAE Hard Drive Degausser Market by Application
6.4 Saudi Arabia Hard Drive Degausser Market
- 6.4.1 Saudi Arabia Hard Drive Degausser Market by Type
- 6.4.2 Saudi Arabia Hard Drive Degausser Market by Application
6.5 South Africa Hard Drive Degausser Market
- 6.5.1 South Africa Hard Drive Degausser Market by Type
- 6.5.2 South Africa Hard Drive Degausser Market by Application
6.6 Nigeria Hard Drive Degausser Market
- 6.6.1 Nigeria Hard Drive Degausser Market by Type
- 6.6.2 Nigeria Hard Drive Degausser Market by Application
6.7 Rest of LAMEA Hard Drive Degausser Market
- 6.7.1 Rest of LAMEA Hard Drive Degausser Market by Type
- 6.7.2 Rest of LAMEA 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

LIST OF TABLES

TABLE 1 LAMEA Hard Drive Degausser Market, 2020 - 2023, USD Thousands
TABLE 2 LAMEA Hard Drive Degausser Market, 2024 - 2031, USD Thousands
TABLE 3 LAMEA Hard Drive Degausser Market by Type, 2020 - 2023, USD Thousands
TABLE 4 LAMEA Hard Drive Degausser Market by Type, 2024 - 2031, USD Thousands
TABLE 5 LAMEA Coil Degaussers Market by Country, 2020 - 2023, USD Thousands
TABLE 6 LAMEA Coil Degaussers Market by Country, 2024 - 2031, USD Thousands
TABLE 7 LAMEA Capacitive Discharge Degaussers Market by Country, 2020 - 2023, USD Thousands
TABLE 8 LAMEA Capacitive Discharge Degaussers Market by Country, 2024 - 2031, USD Thousands
TABLE 9 LAMEA Permanent Magnet Degaussers Market by Country, 2020 - 2023, USD Thousands
TABLE 10 LAMEA Permanent Magnet Degaussers Market by Country, 2024 - 2031, USD Thousands
TABLE 11 LAMEA Hard Drive Degausser Market by Application, 2020 - 2023, USD Thousands
TABLE 12 LAMEA Hard Drive Degausser Market by Application, 2024 - 2031, USD Thousands
TABLE 13 LAMEA Defense & Government Market by Country, 2020 - 2023, USD Thousands
TABLE 14 LAMEA Defense & Government Market by Country, 2024 - 2031, USD Thousands
TABLE 15 LAMEA Financial Company Market by Country, 2020 - 2023, USD Thousands
TABLE 16 LAMEA Financial Company Market by Country, 2024 - 2031, USD Thousands
TABLE 17 LAMEA Data Storage Company Market by Country, 2020 - 2023, USD Thousands
TABLE 18 LAMEA Data Storage Company Market by Country, 2024 - 2031, USD Thousands
TABLE 19 LAMEA Hospital Market by Country, 2020 - 2023, USD Thousands
TABLE 20 LAMEA Hospital Market by Country, 2024 - 2031, USD Thousands
TABLE 21 LAMEA Radio/TV/Broadcasting Market by Country, 2020 - 2023, USD Thousands
TABLE 22 LAMEA Radio/TV/Broadcasting Market by Country, 2024 - 2031, USD Thousands
TABLE 23 LAMEA Other Application Market by Country, 2020 - 2023, USD Thousands
TABLE 24 LAMEA Other Application Market by Country, 2024 - 2031, USD Thousands
TABLE 25 LAMEA Hard Drive Degausser Market by Country, 2020 - 2023, USD Thousands
TABLE 26 LAMEA Hard Drive Degausser Market by Country, 2024 - 2031, USD Thousands
TABLE 27 Brazil Hard Drive Degausser Market, 2020 - 2023, USD Thousands
TABLE 28 Brazil Hard Drive Degausser Market, 2024 - 2031, USD Thousands
TABLE 29 Brazil Hard Drive Degausser Market by Type, 2020 - 2023, USD Thousands
TABLE 30 Brazil Hard Drive Degausser Market by Type, 2024 - 2031, USD Thousands
TABLE 31 Brazil Hard Drive Degausser Market by Application, 2020 - 2023, USD Thousands
TABLE 32 Brazil Hard Drive Degausser Market by Application, 2024 - 2031, USD Thousands
TABLE 33 Argentina Hard Drive Degausser Market, 2020 - 2023, USD Thousands
TABLE 34 Argentina Hard Drive Degausser Market, 2024 - 2031, USD Thousands
TABLE 35 Argentina Hard Drive Degausser Market by Type, 2020 - 2023, USD Thousands
TABLE 36 Argentina Hard Drive Degausser Market by Type, 2024 - 2031, USD Thousands
TABLE 37 Argentina Hard Drive Degausser Market by Application, 2020 - 2023, USD Thousands
TABLE 38 Argentina Hard Drive Degausser Market by Application, 2024 - 2031, USD Thousands
TABLE 39 UAE Hard Drive Degausser Market, 2020 - 2023, USD Thousands
TABLE 40 UAE Hard Drive Degausser Market, 2024 - 2031, USD Thousands
TABLE 41 UAE Hard Drive Degausser Market by Type, 2020 - 2023, USD Thousands
TABLE 42 UAE Hard Drive Degausser Market by Type, 2024 - 2031, USD Thousands
TABLE 43 UAE Hard Drive Degausser Market by Application, 2020 - 2023, USD Thousands
TABLE 44 UAE Hard Drive Degausser Market by Application, 2024 - 2031, USD Thousands
TABLE 45 Saudi Arabia Hard Drive Degausser Market, 2020 - 2023, USD Thousands
TABLE 46 Saudi Arabia Hard Drive Degausser Market, 2024 - 2031, USD Thousands
TABLE 47 Saudi Arabia Hard Drive Degausser Market by Type, 2020 - 2023, USD Thousands
TABLE 48 Saudi Arabia Hard Drive Degausser Market by Type, 2024 - 2031, USD Thousands
TABLE 49 Saudi Arabia Hard Drive Degausser Market by Application, 2020 - 2023, USD Thousands
TABLE 50 Saudi Arabia Hard Drive Degausser Market by Application, 2024 - 2031, USD Thousands
TABLE 51 South Africa Hard Drive Degausser Market, 2020 - 2023, USD Thousands
TABLE 52 South Africa Hard Drive Degausser Market, 2024 - 2031, USD Thousands
TABLE 53 South Africa Hard Drive Degausser Market by Type, 2020 - 2023, USD Thousands
TABLE 54 South Africa Hard Drive Degausser Market by Type, 2024 - 2031, USD Thousands
TABLE 55 South Africa Hard Drive Degausser Market by Application, 2020 - 2023, USD Thousands
TABLE 56 South Africa Hard Drive Degausser Market by Application, 2024 - 2031, USD Thousands
TABLE 57 Nigeria Hard Drive Degausser Market, 2020 - 2023, USD Thousands
TABLE 58 Nigeria Hard Drive Degausser Market, 2024 - 2031, USD Thousands
TABLE 59 Nigeria Hard Drive Degausser Market by Type, 2020 - 2023, USD Thousands
TABLE 60 Nigeria Hard Drive Degausser Market by Type, 2024 - 2031, USD Thousands
TABLE 61 Nigeria Hard Drive Degausser Market by Application, 2020 - 2023, USD Thousands
TABLE 62 Nigeria Hard Drive Degausser Market by Application, 2024 - 2031, USD Thousands
TABLE 63 Rest of LAMEA Hard Drive Degausser Market, 2020 - 2023, USD Thousands
TABLE 64 Rest of LAMEA Hard Drive Degausser Market, 2024 - 2031, USD Thousands
TABLE 65 Rest of LAMEA Hard Drive Degausser Market by Type, 2020 - 2023, USD Thousands
TABLE 66 Rest of LAMEA Hard Drive Degausser Market by Type, 2024 - 2031, USD Thousands
TABLE 67 Rest of LAMEA Hard Drive Degausser Market by Application, 2020 - 2023, USD Thousands
TABLE 68 Rest of LAMEA Hard Drive Degausser Market by Application, 2024 - 2031, USD Thousands
TABLE 69 Key Information - Garner Products, Inc.
TABLE 70 Key Information - Magnetic Products, Inc.
TABLE 71 Key Information - Security Engineered Machinery Co., Inc.
TABLE 72 Key Information - Proton Data Security, LLC
TABLE 73 Key Information - Intimus International Group
TABLE 74 Key Information - Data Security, Inc.
TABLE 75 Key Information - Whitaker Brothers Business Machines, Inc.
TABLE 76 Key Information - IDEAL.MBM Corporation
TABLE 77 Key Information - Beijing Heshenda Information Security Technology Co., Ltd.