Portable Metal Detectors Market: Global Industry Analysis 2012 – 2016 and Opportunity Assessment; 2017 – 2027 January 2018 Report Id : REP-GB-4275 Status : Ongoing Category : Electronics, Semiconductors, and ICT About Future Market Insights Future Market Insights (FMI) is a premier provider of syndicated research reports, custom research reports, and consulting services. We deliver a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, aerial view of the competitive framework, and future market trends. We provide research services at a global as well as regional level; key regions include GCC, ASEAN, and BRIC. Our offerings cover a broad spectrum of industries including Chemicals, Materials, Energy, Technology, Healthcare, and Retail. We have a global presence with delivery centers across India specializing in providing global research reports and country research reports. 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T (Sr. Manager - Global Business Development) T: +44 (0) 20 7692 8790 | D: +44 20 3287 4268 Email: [email protected] 2 Research Methodology (1/2) Systematic Research Approach 1 Market profiling 2 Formulating discussion guide 3 Developing list of respondents 4 Data collection Data validation Data analysis Insights 5 6 7 In-depth secondary research is used to ascertain overall market size, top industry players, top products, industry associations, etc. PMR formulates a detailed discussion guide to conduct expert and industry interviews Data Collection A SOLUTION Market participants Key strengths Product portfolio Data is scrutinized using MSExcel to obtain qualitative and quantitative insights about the industry PMR delivers industry insights and information in the required format (PDF) ©2015 Future Market Business Solution Primary Research Data is validated by triangulation method, wherein secondary, primary and PMR analysis contribute to the final data Actionable Insights Identifying key opinion leaders Questionnaire design In-depth interviews Coverage across value chain PMR develops a list of industry players (manufacturers), distributors, retailers and industry experts PMR conducts interviews with industry experts, industry players, distributors and retailers Research & Intelligence Data Filter & Analysis C Company Analysis B Desk Researc h Key industry experts Channel study Developments Market dynamics Products Conclusions Mapping as per value chain Key focus segments Primary Research # Linkedin Zoominfo Salesforce Avention Secondary Research # Company websites Company annual reports White papers Financial reports Paid Publications# Factiva GBI Genios Meltwater # includes sources of databases 3 Portable Metal Detectors Market Portable metal detectors, also referred to as security wands, are handheld, batterypowered, lightweight, devices that are designed to detect concealed objects, such as illicit contrabands that may contain metallic parts, weapons, etc. In short, a metal detector is a device designed to detect any metal. Portable metal detectors are equipped with a metal sensors, battery and come handheld in various sizes and shapes. They are useful in detecting hidden metal within objects or metal buried underground. These easily portable devices provide security professionals and law enforcement personnel with a low-cost and effective way of screening individuals seeking entry into a variety of locations, such as government buildings, airports, military installations, prisons, sporting events, concert venues, etc. These devices are used around security structures, MIA subdivisions and customs and by traffic police. They are also used in the field of archeology, medicine and other fields to detect hidden metallic objects, such as weapons on human body, among others. A sample of this report is available upon request @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4275 4 Portable Metal Detectors Market Portable Metal Detectors Market Dynamics: The portable metal detectors market is mainly driven by increasing government investments on security in government institutions, within the transportation industry, such as airports, railways, etc. as well as private & residential places where security is a prime concern. Moreover, increasing investments on infrastructural development all over the world and rising concerns regarding security will increase the demand for portable metal detectors in near future. Additionally, with every passing day, the general public is becoming aware of the importance of security equipment and thus, portable metal detectors are being increasingly demanded to be used in apartments, residential buildings, townships, etc. so as to ensure safety of the residents. Rising demand for portable metal detectors for conducting geological surveys will also add to the growth of the market. Beside this, strong emphasis of manufacturers on achieving technological advancements in portable metal detectors will create opportunities for the growth of this market. 5 Portable Metal Detectors Market Portable Metal Detectors Market: Regional Outlook The portable metal detector market is mainly dominated by the North America region, especially the U.S., owing to government’s strong emphasis on security in public and private places and rising investments on infrastructural development, which in turn, is helping the region dominate the global portable metal detector market. It is expected that the security application segment will hold a major share during the forecast period. North America portable metal detector market is expected to register healthy CAGR over the forecast period. Asia Pacific is expected to remain the second largest market for metal detectors over the forecast period. The region is expected to generate significant demand for metal detectors for security screening application owing to the ongoing infrastructural developments in countries, such as China and India. The Asia Pacific portable metal detector market is expected to register steady growth over the forecast period. Europe is expected to be the next big market for portable metal detectors. Europe is expected to witness significant CAGR over the forecast period. In MEA, GCC countries are expected to register steady growth owing to rising infrastructural developments and it is expected that the portable detector market will grow with significant CAGR over the forecast period in this region. To view TOC of this report is available upon request @ https://www.futuremarketinsights.com/toc/rep-gb-4275 6 To know more about us, please visit our website: www.futuremarketinsights.com For sales queries or new topics email us on: [email protected] For media queries, contact the press office at [email protected] For other queries contact: Harish Tiwari (General Manager & Global Head Business Development) Future Market Insights: 3rd Floor, 207 Regent Street, London W1B 3HH T: +44 20 7692 8790 | D: +44 20 3287 4268 Email: [email protected] Thank You Future Market Insights Global & Consulting Private Limited (FMI) 7
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