Metal Detector Market is expected to exceed more than US$ 1.5 Billion by 2023

Florida, December 06, 2017: Market Research Engine has published a new report titled as Metal Detector Market By Product Type (Handheld Metal Detectors, Static Metal Detectors); By Technology (Very Low Frequency (VLF), Multi Frequency (MF), Pulse Induction (PI)); By End-User (Industrial, Security, Consumer, Countermine) And By Regional Analysis – Global Forecast By 2017 – 2023.

A metal detector is an electronic instrument which detects the presence of metal nearby. Metal detectors are useful for finding metal inclusions hidden within objects, or metal objects buried underground. They often consist of a handheld unit with a sensor probe which can be swept over the ground or other objects. If the sensor comes near a piece of metal this is indicated by a changing tone in earphones, or a needle moving on an indicator.

The Metal Detector Market is expected to exceed more than US$ 1.5 Billion by 2023 at a CAGR of 4.9% in the given forecast period.

The major driving factors of Metal Detector Market are as follows:

Increasing trend towards advancement in metal detector technology for superior performance
Growing use of metal detectors in new applications such as sports and medical applications

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The Metal Detector Market is segmented on the lines of its product type, technology, end-user and regional. Based on product type segmentation it covers Handheld Metal Detectors and Static Metal Detectors. Based on technology type it covers Very Low Frequency (VLF), Multi Frequency (MF) Pulse Induction (PI) and others. Based on end-user it covers Industrial, security, consumer and counter time. Based on Others it covers Metal Detector Market on geographic segmentation covers various regions such as North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Each geographic market is further segmented to provide market revenue for select countries such as the U.S., Canada, U.K. Germany, China, Japan, India, Brazil, and GCC countries.

This report provides:

1) An overview of the global market for Metal Detector Market and related technologies.
2) Analyses of global market trends, with data from 2016, estimates for 2017 and 2018, and projections of compound annual growth rates (CAGRs) through 2023.
3) Identifications of new market opportunities and targeted promotional plans for prefilled syringes for Metal Detector Market.
4) Discussion of research and development, and the demand for new products and new applications.
5) Comprehensive company profiles of major players in the industry.

Report Scope:

The scope of the report includes a detailed study of Metal Detector Market with the reasons given for variations in the growth of the industry in certain regions.

The report covers detailed competitive outlook including the market share and company profiles of the key participants operating in the global market. Key players profiled in the report include Mettler Toledo, Codan, CEIA (Costruzioni Elettroniche Industrial Automatism S.p.A.), Garrett Metal Detectors, and Eriez Manufacturing Co. Company profile includes assign such as company summary, financial summary, business strategy and planning, SWOT analysis and current developments.

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The Metal Detector Market has been segmented as below:

By Product Type:

Handheld Metal Detectors
Static Metal Detectors

By Technology:

Very Low Frequency (VLF)
Multi Frequency (MF)
Pulse Induction (PI)

By End-user:

Food and Beverage
Other Industrial

By Regional Analysis:

North America
Rest of the World

Reasons to Buy this Report:

1) Obtain the most up to date information available on all Metal Detector Market.

2) Identify growth segments and opportunities in the industry.
3) Facilitate decision making on the basis of strong historic and forecast of Metal Detector Market data.
4) Assess your competitor’s refining portfolio and its evolution.

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