The technologies in metal detector market have undergone significant change in recent years, with electrically balanced coil to radio based detectors. The rising wave of pulse induction technology are creating significant potential for advanced metal detectors in security and countermine applications, and driving the demand for metal detector technologies.
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In this market, various technologies such as, very low frequency (VLF), multi frequency (MF), and pulse induction (PI) are used in metal detector for safety and security in different applications. Increasing terrorism activities and increasing stringency in government compliances in various sectors to maintain high level of security and safety are creating new opportunities for various metal detector technologies.
Lucintel, a leading global Management Consulting and market research firm with over 1,000 clients worldwide, has analyzed the technologies used in metal detector market and has now published a comprehensive research report titled “Technology Landscape, Trends and Opportunities in the Global Metal Detector Market 2019-2024”. This report analyzes technology maturity, degree of disruption, competitive intensity, market potential and other parameters of various technologies in metal detector market.
Lucintel study finds that metal detector market is forecast to grow at 5% during next five years. Very Low Frequency (VLF) technology is the largest segment of this market and is growing at above average growth.
Mettler Toledo, Codan, CEIA, Garrett Metal Detectors, Eriez Manufacturing, Loma Systems, Valiant Industries, Eriez Manufacturing, and DIBAL are among the major technology providers in the metal detector market.
The Lucintel report serves as a catalyst for growth as it provides a comprehensive data and analysis on trends, key drivers, and directions. The study includes technology readiness, competitive intensity, regulatory compliance, disruption potential, trends, forecasts and strategic implications for the global metal detector market by application, technology, and region as follows:
Technology Readiness by Technology Type
Competitive Intensity and Regulatory Compliance
Disruption Potential by Technology Type
Trends and Forecasts by Technology Type [$M shipment analysis from 2013 to 2024]:
· Very Low Frequency (VLF)
· Multi Frequency (MF)
· Pulse Induction (PI)
Technology Trends and Forecasts by Application [$M shipment analysis from 2013 to 2024]:
· Industrial
o Very Low Frequency (VLF)
o Multi Frequency (MF)
o Pulse Induction (PI)
· Security
o Very Low Frequency (VLF)
o Multi Frequency (MF)
o Pulse Induction (PI)
· Consumer
o Very Low Frequency (VLF)
o Multi Frequency (MF)
o Pulse Induction (PI)
· Countermine
o Very Low Frequency (VLF)
o Multi Frequency (MF)
o Pulse Induction (PI)
· Others
o Very Low Frequency (VLF)
o Multi Frequency (MF)
o Pulse Induction (PI)
Technology Trends and Forecasts by Region [$M shipment analysis for 2013 to 2024]:
· North America
– United States
– Canada
– Mexico
· Europe
– United Kingdom
– Germany
– France
· Asia Pacific
– Japan
– China
– South Korea
– India
· The Rest of the World
Latest Developments and Innovations in the Metal Detector Technologies
Companies / Ecosystems
Strategic Opportunities by Technology Type
A more than 150-pages research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/technology-metal-detector-market.aspx or helpdesk@lucintel.com.
About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, Growth Consulting, M&A, and Due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com.