Market Overview:
The global ferrous-in-foil systems metal detectors market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for food safety and quality, and the need for product traceability. In addition, the growing use of ferrous metals in various industries is also contributing to the growth of this market. Based on type, the global ferrous-in-foil systems metal detectors market can be segmented into low frequency and high frequency metal detectors. Low frequency metal detectors are more common than high frequency ones as they are less expensive and easier to operate. However, high frequency metal detectors offer better detection accuracy than low frequency ones.
Product Definition:
Ferrous-in-Foil Systems Metal Detectors are used to detect metal inclusions in paper or plastic products. These detectors can help manufacturers find and remove these defects, which can cause products to fail quality control tests.
Low Frequency:
Low frequency is the vibration of a body with a period less than 1 second. The detection of low frequencies requires good material condition and proper installation. Low frequency vibrations are mainly used in ferrous-in-fool systems metal detectors for detecting objects such as cans, wallets, watches and jewelry among others.
High Frequency:
High frequency is a term used in the detection of metal objects. It is also known as short-range scanning or high-rate sensing. The technology has been evolving for more than two decades and has witnessed significant changes since its inception. The major factor responsible for this evolution includes miniaturization, increasing processing power, and integration into single devices with improved reliability and cost efficiency.
Application Insights:
The other application segment includes the automotive industry, construction industry, and oil & gas industry. The chemical and plastic industries are anticipated to be the major users of FIF systems in North America and Europe. In 2018, these two industries accounted for a market share of over 50% in terms of demand.
The food processing sector is expected to emerge as one of the fastest-growing application sectors over the forecast period owing to increasing investments by foreign players operating in China and India on account of improving infrastructure coupled with stable regulatory environment for business operations. This trend is likely to continue during future phases owing to growing awareness regarding advanced technologies among consumers across various regions globally including Asia Pacific, North America, Latin America Europe etcetera.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to maintain its position over the forecast period. The growth of this region can be attributed to increasing demand for ferrous-in-foil systems metal detectors from various end users such as security agencies, retail stores, food processing units, and manufacturing industries. In addition, rising investments by governments in developing countries are anticipated to fuel the demand for these products over the next eight years.
The presence of a large number of manufacturers coupled with growing exports from developed regions is likely to boost regional product sales. Furthermore, rapid urbanization along with increased spending on personal safety products has resulted in an increased preference for these devices across Asia Pacific countries including China and India which are major consumers as well as producers globally.
Growth Factors:
- Increasing demand for metal detectors in the security and defense sector as a result of rising terrorist threats and increasing instances of smuggling.
- Growing demand for metal detectors from the industrial sector due to the increasing number of accidents caused by metallic objects in machines and equipment.
- Rising popularity of ferrous-in-foil systems metal detectors among retail stores and other commercial establishments due to their high accuracy levels and low false alarm rates.
- Proliferation of counterfeit currency across different parts of the world, which is driving demand for advanced ferrous-in-foil systems metal detectors that can detect even minute traces of foil present in paper money bills.
Scope Of The Report
Report Attributes
Report Details
Report Title
Ferrous-in-Foil Systems Metal Detectors Market Research Report
By Type
Low Frequency, High Frequency
By Application
Plastic Industry, Food Industry, Chemical Industry, Other
By Companies
Mettler-Toledo, Anritsu Infivis, Nissin Electronics, CEIA, Thermo Fisher, Sesotec, Loma Systems, Nikka Densok, Mesutronic, Fortress Technology, VinSyst, Shanghai Techik, Beijing Dandi, Dongguan Lianxin, Dongguan Shanan, Shanghai Shenyi
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
236
Number of Tables & Figures
166
Customization Available
Yes, the report can be customized as per your need.
Global Ferrous-in-Foil Systems Metal Detectors Market Report Segments:
The global Ferrous-in-Foil Systems Metal Detectors market is segmented on the basis of:
Types
Low Frequency, High Frequency
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Plastic Industry, Food Industry, Chemical Industry, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mettler-Toledo
- Anritsu Infivis
- Nissin Electronics
- CEIA
- Thermo Fisher
- Sesotec
- Loma Systems
- Nikka Densok
- Mesutronic
- Fortress Technology
- VinSyst
- Shanghai Techik
- Beijing Dandi
- Dongguan Lianxin
- Dongguan Shanan
- Shanghai Shenyi
Highlights of The Ferrous-in-Foil Systems Metal Detectors Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Low Frequency
- High Frequency
- By Application:
- Plastic Industry
- Food Industry
- Chemical Industry
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Ferrous-in-Foil Systems Metal Detectors Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Ferrous-in-Foil Systems metal detectors are designed to be used in a variety of industrial and commercial settings. They use a rotating drum to detect objects, and the foil system helps identify different types of metals.
Some of the major players in the ferrous-in-foil systems metal detectors market are Mettler-Toledo, Anritsu Infivis, Nissin Electronics, CEIA, Thermo Fisher, Sesotec, Loma Systems, Nikka Densok, Mesutronic, Fortress Technology, VinSyst, Shanghai Techik, Beijing Dandi, Dongguan Lianxin, Dongguan Shanan, Shanghai Shenyi.
The ferrous-in-foil systems metal detectors market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Ferrous-in-Foil Systems Metal Detectors Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Ferrous-in-Foil Systems Metal Detectors Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Ferrous-in-Foil Systems Metal Detectors Market - Supply Chain
4.5. Global Ferrous-in-Foil Systems Metal Detectors Market Forecast
4.5.1. Ferrous-in-Foil Systems Metal Detectors Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Ferrous-in-Foil Systems Metal Detectors Market Size (000 Units) and Y-o-Y Growth
4.5.3. Ferrous-in-Foil Systems Metal Detectors Market Absolute $ Opportunity
5. Global Ferrous-in-Foil Systems Metal Detectors Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecast by Type
5.3.1. Low Frequency
5.3.2. High Frequency
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Ferrous-in-Foil Systems Metal Detectors Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecast by Application
6.3.1. Plastic Industry
6.3.2. Food Industry
6.3.3. Chemical Industry
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Ferrous-in-Foil Systems Metal Detectors Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Ferrous-in-Foil Systems Metal Detectors Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Ferrous-in-Foil Systems Metal Detectors Demand Share Forecast, 2019-2026
9. North America Ferrous-in-Foil Systems Metal Detectors Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecast by Application
9.4.1. Plastic Industry
9.4.2. Food Industry
9.4.3. Chemical Industry
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecast by Type
9.7.1. Low Frequency
9.7.2. High Frequency
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Ferrous-in-Foil Systems Metal Detectors Demand Share Forecast, 2019-2026
10. Latin America Ferrous-in-Foil Systems Metal Detectors Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecast by Application
10.4.1. Plastic Industry
10.4.2. Food Industry
10.4.3. Chemical Industry
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecast by Type
10.7.1. Low Frequency
10.7.2. High Frequency
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Ferrous-in-Foil Systems Metal Detectors Demand Share Forecast, 2019-2026
11. Europe Ferrous-in-Foil Systems Metal Detectors Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecast by Application
11.4.1. Plastic Industry
11.4.2. Food Industry
11.4.3. Chemical Industry
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecastby Type
11.7.1. Low Frequency
11.7.2. High Frequency
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Ferrous-in-Foil Systems Metal Detectors Demand Share, 2019-2026
12. Asia Pacific Ferrous-in-Foil Systems Metal Detectors Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecast by Application
12.4.1. Plastic Industry
12.4.2. Food Industry
12.4.3. Chemical Industry
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecast by Type
12.7.1. Low Frequency
12.7.2. High Frequency
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Ferrous-in-Foil Systems Metal Detectors Demand Share, 2019-2026
13. Middle East & Africa Ferrous-in-Foil Systems Metal Detectors Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecast by Application
13.4.1. Plastic Industry
13.4.2. Food Industry
13.4.3. Chemical Industry
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Ferrous-in-Foil Systems Metal Detectors Market Size and Volume Forecast by Type
13.7.1. Low Frequency
13.7.2. High Frequency
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Ferrous-in-Foil Systems Metal Detectors Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Ferrous-in-Foil Systems Metal Detectors Market: Market Share Analysis
14.2. Ferrous-in-Foil Systems Metal Detectors Distributors and Customers
14.3. Ferrous-in-Foil Systems Metal Detectors Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Mettler-Toledo
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Anritsu Infivis
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Nissin Electronics
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CEIA
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Thermo Fisher
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Sesotec
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Loma Systems
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Nikka Densok
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Mesutronic
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Fortress Technology
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. VinSyst
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Shanghai Techik
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Beijing Dandi
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. Dongguan Lianxin
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Dongguan Shanan
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Shanghai Shenyi
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
