Global Metal Detector Market 2020-2024
Technavio has been monitoring the metal detector market and it is poised to grow by $ 160.56 mn during 2020-2024 progressing at a CAGR of 4% during the forecast period. Our reports on 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.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the technological innovations and features and increase in the adoption of treasure mining as a hobby. In addition, technological innovations and features is anticipated to boost the growth of the market as well.
The metal detector market analysis includes product segment, application segment and geographical landscapes
Technavio's metal detector market is segmented as below:
- Ground search
By Geographic Landscapes
- North America
- South America
This study identifies the rise in worldwide conflicts as one of the prime reasons driving the metal detector market growth during the next few years.
"Technavio 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. Our metal detector market covers the following areas:
- Metal detector market sizing
- Metal detector market forecast
- Metal detector market industry analysis"
Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading metal detector market vendors that include Codan Ltd., Costruzioni Elettroniche Industriali Automatismi SpA, First Texas Products, Garrett Electronics Inc., Leidos Holdings Inc., Metal Detectors Inc., Nokta Makro Metal Detectors, OSI Systems Inc., View Systems Inc., and XP Metal Detectors. Also, the metal detector market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.
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.
Technavio 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 research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.