Global Metal Detector Market overview:

With the showdown in world economic growth, the Metal Detector industry has also suffered a certain impact, but still maintained a relatively optimistic growth, the past four years, Metal Detector Market size to maintain the average annual growth rate of 15 from XXX Million $ in 2014 to 440.0 Million $ in 2018, Market analysts believe that in the next few years, Metal Detector Market size will be further expanded, we expect that by 2023, The market size of the Metal Detector will reach 530.0 Million $.

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The Major factors driving the growth of industrialization, utilization of Metal Detecting equipment has witnessed a tremendous surge in the packaging industry for inhibiting the coagulation of Metal Contaminants in Pharmaceuticals and Food and Beverages. Growing emphasis on quality control has compelled packaging manufacturers to use Metal Detectors at the entrance and exit of production processes so as to detect both non-ferrous and ferrous Metals. Metal Detectors benefit manufacturers by providing a window of opportunity for investigating the packaging processes. As manual inspection of Metal contaminants is reduced, Production processes speed up and the Labor cost is curtailed. In addition to cost savings, industrial Metal Detectors protect machine parts against minute Metal Particles that can result into machine failure and hamper the production process, along with the increase in time delay and maintenance cost.

The Global Metal Detector Market is segmented on the basis of Product Type, End use Industry and Region. On the Basis of Product Type segment, the Metal Detector Market is sub segmented into Very Low Frequency, Pulse Induction, Beat-frequency Oscillation. Based on End use Industry segment, the market is sub segmented into Military, Archaeology and Treasure Hunting, Leisure and Entertainment.

According to geography, APAC is expected to remain a major market for Metal Detector over the forecast period. The region is expected to generate significant demand for Metal Detector for security screening application owing to the ongoing infrastructural developments in the countries such as China and India. North America and Europe are expected to be the next big markets for Metal Detector. These regions are expected to witness significant Compound Annual Growth Rate over the forecast period.

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Latest Industry Updates:

Minelab:- (05 Mar 2019) Returns to Detectival 2019 as Title Sponsor

Minelab, the world leader in metal detecting technology, will be the title sponsor at Detectival 2019 from Sep. 13-16 in Oxfordshire, UK. Detectival is an annual event created to bring the world of metal detecting together on over 1000 acres of land with 600 acres of undetected, searchable land. This marks Minelab’s third year attending the event and second year as a title sponsor.

“Minelab is thrilled to return to Detectival in 2019 as title sponsor. Our participation for the last two years has provided a great opportunity for us to meet both new and longtime Minelab users from across Europe,” says Ben Harvey, Vice-President, General Manager for Americas, Europe and Russia. “The entire Detectival team works tirelessly to produce the best experience possible and we are really excited about what we can deliver this year.”

Some of the major players that operate in the Global Metal Detector Market are Minelab, Bounty Hunter, Fisher, Garrett, Teknetics, Whites, Titan, OKM, Tesoro, Makro, Nokta, Treasure Cove, Big Sail and Viper.

Market segment by Regions/Countries, this report covers:

1 North America Country (United States, Canada)

2 South America

3 Asia Country (China, Japan, India, Korea)

4 Europe Country (Germany, UK, France, Italy)

5 Other Country (Middle East, Africa, GCC)

Table of Contents:

Global Metal Detector Market Report 2019

1 Metal Detector Definition

2 Global Metal Detector Market Major Player Share and Market Overview

3 Major Player Metal Detector Business Introduction

4 Global Metal Detector Market Segmentation (Region Level)

5 Global Metal Detector Market Segmentation (Product Type Level)

6 Global Metal Detector Market Segmentation (Industry Level)

TOC continue…..

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