Market Overview:
The global underground metal detector market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for security and safety measures across different applications, such as security, military, mining, and others. Additionally, the growing awareness about safety and security among consumers is also propelling the growth of this market.
Product Definition:
An underground metal detector is a device used to detect the presence of metal objects buried in the ground. They are often used by treasure hunters, archaeologists, and law enforcement agencies.
Metal detectors are used for detecting and locating underground metal objects such as knives, guns, cans, and jewelry. The global demand for metal detectors is expected to witness significant growth over the forecast period owing to increasing crime rates in major countries across the globe. Metal detector has become an essential tool for security forces deployed at public places including airports, government buildings, banks among others. This factor is anticipated to drive market growth over the next seven years.
5m-10m:
5m-10m is the range of metal detectors used for security purposes. It's a combination of high frequency sound waves and electromagnetic radiations which helps in detecting objects underground. The global market size was valued at USD 2,37 billion in 2016 and is expected to grow at a CAGR of XX% from 2017 to 2024. Increasing demand for metal detectors in airports, sports arenas, banks & financial institutions among other places has been driving the industry growth over the past few years.
Application Insights:
The application segment includes security, military, mining and others. The security segment dominated the global underground metal detector market in 2017. This is attributed to the increasing use of metal detectors at airports and seaports for detecting prohibited items including guns, knives and drugs in routine searches by law enforcement agencies across countries worldwide. Moreover, rising demand from government organizations for detecting relics & artifacts is also expected to drive growth over the forecast period.
The military application segment accounted for a significant share owing to increased spending on defense equipment by various governments worldwide particularly after 2016 when many terrorist groups have been defeated militarily with boots on ground across Middle East & Africa region.
Regional Analysis:
North America dominated the global market in 2017. The region is expected to maintain its position through 2030, with a few variations in terms of product demand and application scope. The U.S., being the largest consumer of metal detectors across the globe, has a strong presence of vendors operating within the country’s underground markets.
Asia Pacific is projected to be one of fastest-growing regions during forecast period owing to rising government initiatives pertaining towards implementation.
Growth Factors:
- Increasing demand for metal detectors from the security and defense sector as a result of increasing terrorist threats and illegal activities.
- Growing popularity of metal detecting as a hobby, especially among the elderly population, is expected to drive the growth of the market during the forecast period.
- The increasing use of metal detectors in airports, railway stations, and other transportation hubs for safety purposes is anticipated to boost market growth over the next few years.
- Rising awareness about safety and security among consumers is projected to fuel demand for underground metal detectors in near future.
Scope Of The Report
Report Attributes
Report Details
Report Title
Underground Metal Detector Market Research Report
By Type
<5m, 5m-10m, 10m-20m, >20m
By Application
Security, Military, Mining, Others
By Companies
Mettler-Toledo, Eriez, CEIA, Loma, Anritsu, Sesotec, Metal Detection, Thermo Fisher, Lock Inspection, Nikka Densok, Cassel Messtechnik, VinSyst
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
243
Number of Tables & Figures
171
Customization Available
Yes, the report can be customized as per your need.
Global Underground Metal Detector Market Report Segments:
The global Underground Metal Detector market is segmented on the basis of:
Types
<5m, 5m-10m, 10m-20m, >20m
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
Security, Military, Mining, Others
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
- Eriez
- CEIA
- Loma
- Anritsu
- Sesotec
- Metal Detection
- Thermo Fisher
- Lock Inspection
- Nikka Densok
- Cassel Messtechnik
- VinSyst
Highlights of The Underground Metal Detector 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:
- <5m
- 5m-10m
- 10m-20m
- >20m
- By Application:
- Security
- Military
- Mining
- Others
- 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 Underground Metal Detector 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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?
An underground metal detector is a device that can be used to find metals and other minerals under the ground.
Some of the key players operating in the underground metal detector market are Mettler-Toledo, Eriez, CEIA, Loma, Anritsu, Sesotec, Metal Detection, Thermo Fisher, Lock Inspection, Nikka Densok, Cassel Messtechnik, VinSyst.
The underground metal detector market is expected to grow at a compound annual growth rate of 6.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Underground Metal Detector 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. Underground Metal Detector Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Underground Metal Detector Market - Supply Chain
4.5. Global Underground Metal Detector Market Forecast
4.5.1. Underground Metal Detector Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Underground Metal Detector Market Size (000 Units) and Y-o-Y Growth
4.5.3. Underground Metal Detector Market Absolute $ Opportunity
5. Global Underground Metal Detector 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. Underground Metal Detector Market Size and Volume Forecast by Type
5.3.1. <5m
5.3.2. 5m-10m
5.3.3. 10m-20m
5.3.4. >20m
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Underground Metal Detector 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. Underground Metal Detector Market Size and Volume Forecast by Application
6.3.1. Security
6.3.2. Military
6.3.3. Mining
6.3.4. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Underground Metal Detector 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. Underground Metal Detector 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 Underground Metal Detector 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. Underground Metal Detector 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 Underground Metal Detector Demand Share Forecast, 2019-2026
9. North America Underground Metal Detector 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 Underground Metal Detector 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 Underground Metal Detector Market Size and Volume Forecast by Application
9.4.1. Security
9.4.2. Military
9.4.3. Mining
9.4.4. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Underground Metal Detector Market Size and Volume Forecast by Type
9.7.1. <5m
9.7.2. 5m-10m
9.7.3. 10m-20m
9.7.4. >20m
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 Underground Metal Detector Demand Share Forecast, 2019-2026
10. Latin America Underground Metal Detector 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 Underground Metal Detector 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 Underground Metal Detector Market Size and Volume Forecast by Application
10.4.1. Security
10.4.2. Military
10.4.3. Mining
10.4.4. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Underground Metal Detector Market Size and Volume Forecast by Type
10.7.1. <5m
10.7.2. 5m-10m
10.7.3. 10m-20m
10.7.4. >20m
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 Underground Metal Detector Demand Share Forecast, 2019-2026
11. Europe Underground Metal Detector 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 Underground Metal Detector 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 Underground Metal Detector Market Size and Volume Forecast by Application
11.4.1. Security
11.4.2. Military
11.4.3. Mining
11.4.4. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Underground Metal Detector Market Size and Volume Forecast by Type
11.7.1. <5m
11.7.2. 5m-10m
11.7.3. 10m-20m
11.7.4. >20m
11.8. Basis Poit 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 Underground Metal Detector Demand Share, 2019-2026
12. Asia Pacific Underground Metal Detector 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 Underground Metal Detector 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 Underground Metal Detector Market Size and Volume Forecast by Application
12.4.1. Security
12.4.2. Military
12.4.3. Mining
12.4.4. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Underground Metal Detector Market Size and Volume Forecast by Type
12.7.1. <5m
12.7.2. 5m-10m
12.7.3. 10m-20m
12.7.4. >20m
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 Underground Metal Detector Demand Share, 2019-2026
13. Middle East & Africa Underground Metal Detector 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 Underground Metal Detector 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 Underground Metal Detector Market Size and Volume Forecast by Application
13.4.1. Security
13.4.2. Military
13.4.3. Mining
13.4.4. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Underground Metal Detector Market Size and Volume Forecast by Type
13.7.1. <5m
13.7.2. 5m-10m
13.7.3. 10m-20m
13.7.4. >20m
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 Underground Metal Detector Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Underground Metal Detector Market: Market Share Analysis
14.2. Underground Metal Detector Distributors and Customers
14.3. Underground Metal Detector 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. Eriez
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. CEIA
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Loma
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Anritsu
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. Metal Detection
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Thermo Fisher
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Lock Inspection
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Nikka Densok
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Cassel Messtechnik
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. VinSyst
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
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
