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Global Metal Detector Market 2018-2022

Global Metal Detector Market 2018-2022

About Metal Detector

A metal detector is an electronic instrument that detects the presence of metal nearby. These devices are mainly used in finding metal inclusions hidden within objects or metal objects buried underground. Metal detectors function on the principle of transmitting a magnetic field and analyzing a return signal from the target and environment.

Technavio’s analysts forecast the global metal detector market to grow at a CAGR of 6.06% during the period 2018-2022.

Covered in this report

The report covers the present scenario and the growth prospects of the global metal detector market for 2018-2022. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Metal Detector Market 2018-2022, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • First Texas Products
  • Garrett Electronics
  • Minelab
  • Rapiscan Systems
  • View Systems
Market driver
  • Technological innovations and features
  • For a full, detailed list, view our report
Market challenge
  • High cost of metal detectors
  • For a full, detailed list, view our report
Market trend
  • More government investments
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2022 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?


Press Release

Technavio Announces the Publication of its Research Report – Global Metal Detector Market 2018-2022

Technavio recognizes the following companies as the key players in the global metal detector market: First Texas Products, Garrett Electronics, Minelab, Rapiscan Systems, and View Systems.

Commenting on the report, an analyst from Technavio’s team said: “One trend in the market is more government investments. The increase in government investments for the development of infrastructure is driving the demand for metal detectors. Many developing countries such as India and China are investing in the development infrastructure such airports, which boost the demand for metal detectors. By the end of 2015, China had 210 civilian airports.”

According to the report, one driver in the market is technological innovations and features. Technological innovations and features in metal detectors are driving the global metal detector market. Many vendors in the market are developing innovative products that meet the demand existing in the market. The latest innovation in metal detectors includes wireless audio, integrated GPS, and weatherproof platform.

Further, the report states that one challenge in the market is high cost of metal detectors. The high cost of metal detectors is hindering the growth of the global metal detector market. Prices of metal detector products differ in a variety of factors including detection surface design, LED indicators, alarm types, sensitivity levels, and warranty. Handheld metal detectors are priced in a range of $95 to $550.

Companies Mentioned

First Texas Products

Garrett Electronics

Minelab

Rapiscan Systems

View Systems

  • Executive summary
  • Scope of the report
  • Research methodology
  • Market landscape
    • Market ecosystem
      • Table Parent market
      • Table Global security screening systems market: Segmentation
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2017
      • Table Market size 2017
      • Table Validation techniques employed for market sizing 2017
    • Market size and forecast 2017-2022
      • Table Global - Market size and forecast 2017-2022 ($ mn)
      • Table Global - Year-over-year growth 2018-2022 (%)
  • Five forces analysis
    • Table Five forces analysis 2017
    • Table Five forces analysis 2022
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2017
  • Market segmentation by application
    • Segmentation by application
      • Table Application - Market share 2017-2022 (%)
    • Comparison by application
      • Table Comparison by application
    • Security - Market size and forecast 2017-2022
      • Table Security - Market size and forecast 2017-2022 ($ mn)
      • Table Security - Year-over-year growth 2018-2022 (%)
    • Hobby - Market size and forecast 2017-2022
      • Table Hobby - Market size and forecast 2017-2022 ($ mn)
      • Table Hobby - Year-over-year growth 2018-2022 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Market segmentation by product
    • Segmentation by product
      • Table Product - Market share 2017-2022 (%)
    • Comparison by product
      • Table Comparison by product
    • Walk-through - Market size and forecast 2017-2022
      • Table Walk-through - Market size and forecast 2017-2022 ($ mn)
      • Table Walk-through - Year-over-year growth 2018-2022 (%)
    • Handheld- Market size and forecast 2017-2022
      • Table Handheld - Market size and forecast 2017-2022 ($ mn)
      • Table Handheld - Year-over-year growth 2018-2022 (%)
    • Ground search - Market size and forecast 2017-2022
      • Table Ground search - Market size and forecast 2017-2022 ($ mn)
      • Table Ground search - Year-over-year growth 2018-2022 (%)
    • Market opportunity by product
      • Table Market opportunity by product
  • Customer landscape
    • Table Customer landscape
  • Regional landscape
    • Geographical segmentation
      • Table Global - Market share by geography 2017-2022 (%)
    • Regional comparison
      • Table Regional comparison
    • Americas - Market size and forecast 2017-2022
      • Table Americas - Market size and forecast 2017-2022 ($ mn)
      • Table Americas - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in Americas
    • EMEA - Market size and forecast 2017-2022
      • Table EMEA - Market size and forecast 2017-2022 ($ mn)
      • Table EMEA - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in EMEA
    • APAC - Market size and forecast 2017-2022
      • Table APAC - Market size and forecast 2017-2022 ($ mn)
      • Table APAC - Year-over-year growth 2018-2022 (%)
      • Table Top 3 countries in APAC
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
  • Market trends
    • More government investments
    • Focus on development of innovative products
    • Increase in the adoption of metal detectors in residential areas
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • First Texas Products
      • Table First Texas Products: Overview
      • Table First Texas Products - Business segments
      • Table First Texas Products - Organizational developments
      • Table First Texas Products- Geographic focus
      • Table First Texas Products - Segment focus
      • Table First Texas Products - Key offerings
    • Garrett Electronics
      • Table Garrett Electronics: Overview
      • Table Garrett Electronics - Business segments
      • Table Garrett Electronics - Organizational developments
      • Table Garrett Electronics - Geographic focus
      • Table Garrett Electronics - Segment focus
      • Table Garrett Electronics - Key offerings
    • Minelab
      • Table Minelab: Overview
      • Table Minelab - Business segments
      • Table Minelab - Organizational developments
      • Table Minelab - Geographic focus
      • Table Minelab - Segment focus
      • Table Minelab - Key offerings
    • Rapiscan Systems
      • Table Rapiscan Systems; Overview
      • Table Rapiscan Systems - Business segments
      • Table Rapiscan Systems - Organizational developments
      • Table Rapiscan Systems - Geographic focus
      • Table Rapiscan Systems - Segment focus
      • Table Rapiscan Systems - Key offerings
    • View Systems
      • Table View Systems: Overview
      • Table View Systems - Business segments
      • Table View Systems - Organizational developments
      • Table View Systems - Geographic focus
      • Table View Systems - Segment focus
      • Table View Systems - Key offerings
  • Appendix
    • List of abbreviations
  • Explore Technavio

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