Future Market Insights has announced the addition of the “Portable Metal Detectors Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment; 2017 – 2027" report to their offering.
Valley Cottage, NY -- (SBWIRE) -- 01/04/2018 -- Portable metal detectors, also referred to as security wands, are handheld, battery-powered, lightweight, devices that are designed to detect concealed objects, such as illicit contrabands that may contain metallic parts, weapons, etc. In short, a metal detector is a device designed to detect any metal. Portable metal detectors are equipped with a metal sensors, battery and come handheld in various sizes and shapes. They are useful in detecting hidden metal within objects or metal buried underground. These easily portable devices provide security professionals and law enforcement personnel with a low-cost and effective way of screening individuals seeking entry into a variety of locations, such as government buildings, airports, military installations, prisons, sporting events, concert venues, etc. These devices are used around security structures, MIA subdivisions and customs and by traffic police. They are also used in the field of archeology, medicine and other fields to detect hidden metallic objects, such as weapons on human body, among others.
Portable Metal Detectors Market Dynamics:
The portable metal detectors market is mainly driven by increasing government investments on security in government institutions, within the transportation industry, such as airports, railways, etc. as well as private & residential places where security is a prime concern. Moreover, increasing investments on infrastructural development all over the world and rising concerns regarding security will increase the demand for portable metal detectors in near future. Additionally, with every passing day, the general public is becoming aware of the importance of security equipment and thus, portable metal detectors are being increasingly demanded to be used in apartments, residential buildings, townships, etc. so as to ensure safety of the residents. Rising demand for portable metal detectors for conducting geological surveys will also add to the growth of the market. Beside this, strong emphasis of manufacturers on achieving technological advancements in portable metal detectors will create opportunities for the growth of this market.
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Portable Metal Detectors Market: Segmentation
On the basis of technology, the global Portable Metal Detectors market can be segmented into:
Beat frequency oscillations
On the basis of product type, the global Portable Metal Detectors Market can be segmented into:
On the basis of application, the global Portable Metal Detectors Market can be segmented into:
Commercial & Public Spaces
Portable Metal Detectors Market: Regional Outlook
The portable metal detector market is mainly dominated by the North America region, especially the U.S., owing to government's strong emphasis on security in public and private places and rising investments on infrastructural development, which in turn, is helping the region dominate the global portable metal detector market. It is expected that the security application segment will hold a major share during the forecast period. North America portable metal detector market is expected to register healthy CAGR over the forecast period. Asia Pacific is expected to remain the second largest market for metal detectors over the forecast period. The region is expected to generate significant demand for metal detectors for security screening application owing to the ongoing infrastructural developments in countries, such as China and India. The Asia Pacific portable metal detector market is expected to register steady growth over the forecast period. Europe is expected to be the next big market for portable metal detectors. Europe is expected to witness significant CAGR over the forecast period. In MEA, GCC countries are expected to register steady growth owing to rising infrastructural developments and it is expected that the portable detector market will grow with significant CAGR over the forecast period in this region. Latin America is expected to register steady growth over the forecast period.
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Portable Metal Detectors Market Players
Some of the players identified in the Global Portable Metal Detectors Market are:
Garrett Metal Detectors
Range Security Detectors, Inc.
SUNS International, LLC
Fisher Research Laboratory
Adams Electronics, Inc.
Torfino Enterprises, Inc.