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Global Industrial Metal Detectors Market Growth 2019-2024

04-03-2019 07:22 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Accurate Research Goal LLP

/ PR Agency: Global Industrial Metal Detectors Market Growth 2019-2024
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Accurate Researchgoal Market

Industrial metal detectors indicate the presence of metal in nonconductive materials such as textiles, rubber, oils or liquids, plastics, powders, wood products, ceramics and glasses, and concrete. They are used to determine cleanliness or verify the absence of tramp metal in continuous or bulk products, as well as recycled materials. Applications include the detection of metal chips in pharmaceutical powders or preparations, nails or staples in wood, metal caps in crushed glass, and needles in fabric sheets. Industrial metal detectors are also used to verify the presence and location of metal such as buried electrical lines, piping behind walls, or reinforcing metal rebar in concrete. Airport metal detectors are used to detect guns, knives, bombs, and other weapons. Industrial metal detectors for security applications can also be used to detect metallic items that an individual is trying to smuggle into or out of a secure facility.

For industry structure analysis, the industrial metal detector industry is concentrate. The top five producers account for about 60.86% of the revenue market in 2016. Regionally, North America is the biggest revenue area of industrial metal detector, with sales revenue share of 33.49% in 2016.
The sales of industrial metal detector increases from 20651 Units in 2012 to 24266 Units in 2016, with an average growth rate of more than 4.1%.
Asia-Pacific occupied 32.81% of the sales market in 2016. It is followed by North America and Europe, which respectively have around 28.65% and 23.28% of the global total industry. Other countries have a small amount of sales.

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According to this study, over the next five years the Industrial Metal Detectors market will register a 2.2% CAGR in terms of revenue, the global market size will reach US$ 680 million by 2024, from US$ 590 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Industrial Metal Detectors business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Industrial Metal Detectors market by product type, application, key manufacturers and key regions and countries.

This study considers the Industrial Metal Detectors value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Metal Detector with Conveyor
Rectangular Aperture Metal Detector
Gravity Fall Metal Detector
Pipeline Liquid, Paste and Slurry Metal Detector
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Food Industry
Pharmaceutical Industry
Textiles Industry
Mining and Plastic Industry
Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

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The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Mettler-Toledo
Eriez
CEIA
Loma
Anritsu
Sesotec
Metal Detection
Nissin Electronics
Mesutronic
Thermo Fisher
Fortress Technology
Nikka Densok
Cassel Messtechnik
VinSyst
Foremost
COSO
Ketan
Shanghai Shenyi

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In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Industrial Metal Detectors consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Industrial Metal Detectors market by identifying its various subsegments.
Focuses on the key global Industrial Metal Detectors manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Industrial Metal Detectors with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Industrial Metal Detectors submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

About Us-

Researchgoal Market Insights is a leading market intelligence company that Sales reports of top publishers in the technology industry.
Our extensive research reports cover detailed market assessments that include major technological improvements in the industry. Researchgoal Market Insights also specializes in analyzing hi-tech systems and current processing systems in its expertise.
We have a team of experts that compile precise research reports and actively advise top companies to improve their existing processes. Our experts have extensive experience in the topics that they cover.
Researchgoal Market Insights provides you the full spectrum of services related to market research, and corroborate with the clients to increase the revenue stream, and address process gaps.

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Office SNO62/1/1A , Baner
Pune, MH, India - 411027.

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