Want to Know More about the Future Opportunities for Metal Detector Market?

We at Lucintel are proud to announce the launch of a new research report on metal detector market entitled “Growth Opportunities in the Global Metal Detector Market.”
In the metal detector market, government, commercial, consumer, food & beverage, pharmaceutical, and textile industries are some of the major segments. On the basis of its comprehensive research, Lucintel forecasts that static metal detector is expected to remain the largest segment due to increasing usage of metal detectors in the food and pharmaceutical industries, transit, educational buildings, and hospitals. The handheld metal detector is expected to witness the highest growth in the forecast period supported by the increasing demand for security in government and commercial sectors along with increasing consumer demand due to growing archaeological activities and hobbies.
According to this market report, 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. There are some noteworthy developments in the global metal detector market as competition increases and players try to increase their market share. Some of the emerging trends shaping market dynamics 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. This market report on metal detector answers the following key questions concerning the metal detector market:
Q.1. What are some of the most promising, high-growth opportunities in the global metal detector market by segment and region?
Q.2. Which segments in the metal detector market will grow at a faster pace and why?
Q.3. What are the business risks and competitive threats in the metal detector market?
Q.4. What are emerging trends in this market and what are the reasons behind them?
Q.5. What are some of the changing demands and needs of customers in the metal detector industry?
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