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Global Metal Detector Market : Trends, Forecast, and Opportunity Analysis 1.

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Presentation on theme: "Global Metal Detector Market : Trends, Forecast, and Opportunity Analysis 1."— Presentation transcript:

1 Global Metal Detector Market 2017-2022: Trends, Forecast, and Opportunity Analysis 1

2 Industry Profiles Snapshot Major ParameterDescription Market Segments by Product Type Static and handheld Market Segments by Technology VLF, multi frequency, pulse induction, and others Market Segments by End Use Industry Industrial, security, consumer, and countermine Market Segments by Region North America, Europe, Asia Pacific and Rest of the World Top Companies Name Mettler Toledo (Safeline), Codan (Minelab), CEIA (Costruzioni Elettroniche Industriali Automatismi S.p.A.), Garrett Metal Detectors, and Eriez Manufacturing Co. Trend Growth Rate and CAGR5.1% Key Industry Forecast The global metal detector market is expected to reach an estimated $1.6 billion by 2022 and is forecast to grow at a CAGR of 5.1% from 2017 to 2022 Key Industry Driver Driver: Increasing terrorism activities, expansion in infrastructure, and increasing stringency in government compliances in various sectors to maintain high level of security and safety... 2

3 Industry Overview Market Size The global metal detector market is expected to reach an estimated $1.6 billion by 2022 and is forecast to grow at a CAGR of 5.1% from 2017 to 2022 Emerging trends, which have a direct impact on the dynamics of the metal detector industry, include increasing trend towards advancement in metal detector technology for superior performance and growing use of metal detectors in new applications such as sports and medical applications. Market Size (2022)$1.6 billion CAGR (2017-22)5.1% 3 Industry Performance : Forecast


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