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. Usually the device gives some indication of distance; the closer the metal is, the higher the tone in the earphone or the higher the needle goes.
The major regions to produce Metal Detector are Asia-Pacific and North America, which accounting for more than 70% of production in total in 2015. North America is the largest production region (production share 45% in 2015), followed by Asia-Pacific.
According to our research and analysis, the leading five companies in the market occupies about 76% of the production value shares. Major manufacturers in the market are Minelab, Bounty Hunter, Fisher, Garrett, Teknetics.
Despite the presence of competition problems, due to the world security situation and the rise of archaeological exploration, investors are quite optimistic about this area; the future will still have more new investment enter the field.
The Metal Detector market was valued at 440 Million US$ in 2018 and is projected to reach 590 Million US$ by 2025, at a CAGR of 3.9% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Metal Detector.
This report presents the worldwide Metal Detector market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The following manufacturers are covered in this report:
Minelab
Bounty Hunter
Fisher
Garrett
Teknetics
Whites
Titan
OKM
Tesoro
Makro
Nokta
Treasure Cove
Big Sail
Viper
Metal Detector Breakdown Data by Type
Very Low Frequency
Pulse Induction
Beat-frequency Oscillation
Metal Detector Breakdown Data by Application
Military
Archaeology and Treasure Hunting
Leisure and Entertainment
Others
Metal Detector Production by Region
United States
Europe
China
Japan
Other Regions
Metal Detector Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa
The study objectives are:
To analyze and research the global Metal Detector status and future forecast,involving, production, revenue, consumption, historical and forecast.
To present the key Metal Detector manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
In this study, the years considered to estimate the market size of Metal Detector :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025
This report includes the estimation of market size for value (million USD) and volume (K Units). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Metal Detector market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.
For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.
Summary:
Get latest Market Research Reports on Metal Detector . Industry analysis & Market Report on Metal Detector is a syndicated market report, published as Global Metal Detector Market Insights, Forecast to 2025. It is complete Research Study and Industry Analysis of Metal Detector market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.