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The metal detector market is forecasted to grow by USD 267.6 million during 2023-2028, accelerating at a CAGR of 5.2% during the forecast period. The report on the metal detector market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in technological innovations in metal detectors, growing adoption of treasure mining as hobby, and rise in infrastructural projects.
The metal detector market is segmented as below:
By Application
- Security
- Hobby
By Product
- Walk-through
- Handheld
- Ground search
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
The report on the metal detector market covers the following areas:
- Metal Detector Market sizing
- Metal Detector Market forecast
- Metal Detector Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Application
7 Market Segmentation by Product
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global metal detector market: Bounty Hunter, Codan Ltd, Costruzioni Elettroniche Industriali Automatismi SpA, Dongguan Juzheng Electronic Technology Co. Ltd., Elektral AS, Garrett Electronics Inc., Leidos Holdings Inc., Metal Detectors Inc., Nokta Makro Metal Detectors, OSI Systems Inc., Pirate Electronics Ltd., Quest Metal Detectors, The Tamis Corp., View Systems Inc., WIPOTEC OCS GmbH, XP Metal Detectors, and Zorpro Inc..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is increase in adoption of metal detectors in residential areas."
According to the report, one of the major drivers for this market is the increase in technological innovations in metal detectors.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Bounty Hunter
- Codan Ltd
- Costruzioni Elettroniche Industriali Automatismi SpA
- Dongguan Juzheng Electronic Technology Co. Ltd.
- Elektral AS
- Garrett Electronics Inc.
- Leidos Holdings Inc.
- Metal Detectors Inc.
- Nokta Makro Metal Detectors
- OSI Systems Inc.
- Pirate Electronics Ltd.
- Quest Metal Detectors
- The Tamis Corp.
- View Systems Inc.
- WIPOTEC OCS GmbH
- XP Metal Detectors
- Zorpro Inc.
