Global Security Metal Detector Market Trends, Applications, Analysis, Growth, and Forecast to 2027

Global Security Metal Detector Market Overview

"The Security Metal Detector Market size is expected to be worth around US$ xx Billion by 2021 from US$ X.xx million in 2031, growing at a CAGR of X.x% during the forecast period 2021 to 2031."

A security metal detector is an electronic device that detects the presence of metal nearby. Metal detectors are useful for finding metal inclusions hidden within objects or metal objects buried underground. Security metal detectors function upon the sensors, if any piece of metal comes into contact with sensors then the device indicates the form of audible or visual signals.

Primary factors driving the growth of the global security metal detectors market are increasing government investments in security due to the increasing violence and fights worldwide. Furthermore, ongoing infrastructural development across the world to develop new airports, hotels, laboratories, commercial as well as residential buildings, stadiums and other such infrastructures will increase demand for security metal detectors.

However, high cost is one of the key factors restraining the growth of the global security metal detector market. In addition, government regulations in some countries, which ban the use of metal detectors for applications such as precious metal detection, are expected to affect targeted market growth. Furthermore, the increasing trend toward advancement in metal detector technology for superior performance and adoption of metal detectors in industrial, sports and medical applications.

Amongst the various geographical region, Asia Pacific is expected to remain a major revenue contributor to the global security metal detectors over the forecast period. North America and Europe are expected to witness significant CAGR over the forecast period for global security metal detectors. Latin America and Middle East & Africa are estimated to expand at a slower growth rate than Asia Pacific, North America and Europe.

Global Security Metal Detector Market Segmentation:

Global security metal detector market segmentation by product type:

• Walk-through metal detector (WTMD)
• Hand-held metal detector (HHMD)
• Ground search metal detectors

Global security metal detector market segmentation by segmentation by technology:

• Very Low Frequency (VLF)
• Multi-Frequency (MF)
• Pulse Induction (PI)
• Others

Global security metal detector market segmentation by application:

• Mining
• Archaeological
• Food Processing
• Consumer
• Security Screening
  • Airports
  • Government Buildings
  • Commercial & Public Spaces
  • Residential
  • Other Industrial

Global security metal detector market segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa