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Global Metal Detector Market 2019 - Tesoro, Makro, Nokta, Treasure Cove, Big Sail

02-08-2019 03:07 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Apex Market Reports

Global Metal Detector Market

Global Metal Detector Market

A metal detector is an electronic instrument which detects the presence of metal nearby. Metal detectors are useful for finding metal inclusions hidden within objects, or metal objects buried underground. They often consist of a handheld unit with a sensor probe which can be swept over the ground or other objects. If the sensor comes near a piece of metal this is indicated by a changing tone in earphones, or a needle moving on an indicator. Usually the device gives some indication of distance; the closer the metal is, the higher the tone in the earphone or the higher the needle goes.
The major regions to produce Metal Detector are Asia-Pacific and North America, which accounting for more than 70% of production in total in 2015. North America is the largest production region (production share 45% in 2015), followed by Asia-Pacific.
According to our research and analysis, the leading five companies in the market occupies about 76% of the production value shares. Major manufacturers in the market are Minelab, Bounty Hunter, Fisher, Garrett, Teknetics.
Despite the presence of competition problems, due to the world security situation and the rise of archaeological exploration, investors are quite optimistic about this area; the future will still have more new investment enter the field.

According to this study, over the next five years the Metal Detector market will register a 5.0% CAGR in terms of revenue, the global market size will reach US$ 580 million by 2024, from US$ 440 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Metal Detector business.

Apex Market Reports, recently published a detailed market research study focused on the “Metal Detector Market 2019” across the global, regional and country level. Metal Detector Market Research Report highlights extensive market insights of the Metal Detector industry, which offers definitions and a diverse range of market structures and characteristics, historic and present market values along with the expected future growth of the Metal Detector market for the forecast period. The study shares “Metal Detector” performance both in terms of volume and revenue.

Key Manufacturers Analysis of This Report
Minelab
Bounty Hunter
Fisher
Garrett
Teknetics
Whites
Titan
OKM
Tesoro
Makro
Nokta
Treasure Cove
Big Sail
Viper

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The report exhibits Metal Detector market across diverse regions (including the regions India, Japan, South East Asia, Europe, China and USA). In this section, major attributes such as region-wise Metal Detector production value and techniques, consumption, export/import details, growth rate from 2013 to 2018, market structure and status and SWOT analysis are included. Moreover, the research study categorizes the Metal Detector Market based on major product types, application and end users industries of Metal Detector. Besides, the report also covers geographical segregation for Metal Detector Market. The report further provides production, capacity, price per region, gross margin, production cost, for all major regions and countries listed in report.

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Very Low Frequency
Pulse Induction
Beat-frequency Oscillation

On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including

Military
Archaeology and Treasure Hunting
Leisure and Entertainment
Others

The competitive landscape of the global market for Metal Detector is analyzed by assessing the major industry participants, production capacity, production capacity utilization rate, Metal Detector Market’s production chain, pricing by each manufacturer and the revenue produced by each manufacturer in the Metal Detector Market globally.

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The Global Metal Detector Market 2019 is further emphasis on the basis of product pricing, Metal Detector production volume, data pertaining to demand and Metal Detector supply, and the revenue garnered by the product. The report offers upstream and downstream analysis covering major raw material used in manufacturing of Metal Detector along with detailed manufacturing sources. The report also offers list of major raw material manufacturers along with their manufacturing locations. Comprehensive raw material price trend analysis along with manufacturing cost analysis is also incorporated into the report. Diverse methodical tools such as investment returns, feasibility, SWOT analysis and market attractiveness analysis has been implemented in the research study to show a comprehensive, detailed research study of the industry for Metal Detector across the globe.

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