Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 462.6 Million | USD 693.42 Million | 4.6% | 2023 |
The global Portable Metal Detectors Market size was valued at USD 462.6 million in 2023 and is projected to reach USD 693.42 million by 2032, growing at a CAGR of 4.6% during the forecast period. The report analyzes the global Portable Metal Detectors Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Portable Metal Detectors industry.
The portable metal detectors have the alternative name as security wands. This device is battery-powered, handheld, and lightweight. These devices are especially used for the detection of the concealed objects, which include weapons, illicit contrabands containing parts of metal. To be precise metal detector help in detecting the metals. Portable metal detectors consist of metal sensors and battery. They are handheld devices available in several shapes and sizes.
The main places where the portable metal detectors are used include government organizations, public places that include railways, airports, etc., residential, and private places. In all these areas, security is the prime concern thus propelling the demand of the portable metal detectors. The factors that will contribute to the market growth in the coming years are the rise in the investments that are made for the infrastructural development across the globe and the increase in the security concerns. In the recent years, there has been an increase in the public awareness regarding safety and the security equipment, which is increasing the demand of the portable metal detectors in the residential buildings, apartments, townships, etc. The portable metal detectors are also increasingly used in the geological surveys thus adding to the market growth. There are technological advancements being made in order to develop the portable metal detectors thus opening new opportunities in the market.
The market for the portable metal detectors is globally fragmented into technology, product type, application, and regions. Based on the technology, the global market is segregated into beat frequency oscillations, pulse induction, and others. Based on the product type, the market is categorized into circular, planar, and probe. Based on the applications, the market is divided into security screening and archaeological. The security screening segment is sub-divided into airports, commercial & public spaces, government buildings, residential, and other industrial areas. Based on the geographical regions, the market is diversified into Eastern Europe, the Middle East & Africa, North America, Western Europe, Latin America, and Asia Pacific.
Report Attributes | Report Details |
---|---|
Report Name | Portable Metal Detectors Market |
Market Size in 2023 | USD 462.6 Million |
Market Forecast in 2032 | USD 693.42 Million |
Growth Rate | CAGR of 4.6% |
Number of Pages | 197 |
Key Companies Covered | Range Security Detectors, Inc., Fisher Research Laboratory, Adams Electronics, Inc., CEIA USA, Garrett Metal Detectors, SUNS International, LLC, White’s Electronics, Autoclear LLC, and Torfino Enterprises, Inc |
Segments Covered | By technology, By product type, By application and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The market for the portable metal detectors is dominated by the North American region. The major market share is contributed by the U.S. due to the factors such as the strict regulations that are imposed by the government regarding the security of the private and public places and the advancements that are made in the infrastructure. In Asia Pacific region, the portable metal detector market is going to witness a speedy market growth. In the coming years, Europe will be the next big market for the portable metal detectors. In the Middle East and Africa, the development of the infrastructural activities will positively affect the portable metal detectors market.
The key market players that are involved in the portable metal detectors market include
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Global Portable Metal Detectors Market: Regional Segments
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