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Comprehensive Growth of Industrial Metal Detector Market With Top Manufactures Sesotec, Nissin Electronics, Mesutronic, Thermo Fisher, Fortess Technology, Nikka Densok, Cassel Messtechnik, VinSyst, Foremost, COSO, Ketan

05-29-2019 12:03 PM CET | IT, New Media & Software

Press release from: persistencemarketresearch.com

Comprehensive Growth of Industrial Metal Detector Market With

The ‘Industrial Metal Detector market’ report formulated recently by Persistence Market Research evaluates the industry in terms of market size, market share, revenue estimation, and geographical outlook. The study also delivers a precise summary that illustrates the competitive milieu, growth opportunities and application landscape of the Industrial Metal Detector market depending on the industry’s financial and non-financial impact.

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Technically utilization of metal detectors in industries is not mandatory, however they are highly recommended on the back of their simplicity, cost, and the higher prevalence of metal contaminants in various industrial products. Metal detectors are placed at various nodes of production processes in order to achieve optimum efficiency. However other potential contaminants such as paint chips, hair, glass and wood cannot be detected by metal detectors alone. X-ray detection is the most commonly employed alternative to industrial metal detectors, and can detect metal as well as other physical contaminants.

According to a report recently compiled by Persistence Market Research, the global industrial metal detector market is projected to register an above average expansion through the forecast period, 2017 to 2026. Over US$ 900 Mn worth of industrial metal detectors are estimated to be sold globally by 2026-end.

Key companies identified by the report include Eriez, Mettler- Toledo International Inc., CEIA, Loma, Antitsu, Sesotec, Nissin Electronics, Mesutronic, Thermo Fisher, Fortess Technology, Nikka Densok, Cassel Messtechnik, VinSyst, Foremost, COSO, Ketan, and Shanghai Shenyi.

Metal is considered to be one of the most commonly found contaminants in food products. Metal fragments in food products may invade from various sources including bits of farm tools during the process of harvesting, or parts of robotic systems during processing of food products. In addition, the more food products undergo processing, the more difficult detection of metallic contaminants gets, as relatively larger and easier to seek metal pieces are crushed down into smaller fragments, which escape visual checks done by workers. It is therefore imperative to ensure screening out of metal pieces in processed food, which can be efficiently done by using industrial metal detectors.

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On the basis of capability type, non-ferrous metal detectors are anticipated to remain sought-after among end-use industries, followed by non-magnetic metal detectors. Revenue share of industrial metal detectors with hot metal detection (HMD) capability in the market is likely to remain relatively lower than that of non-ferrous and non-magnetic metal detectors. However, revenues from HMD segment will increase at a higher CAGR than those from non-ferrous segment. Sales of non-magnetic metal detectors will exhibit the fastest expansion through 2026.

Based on end-use industry, food & beverage and pharmaceutical will continue to account for the largest revenue shares of the market during the forecast period. Mining and plastic & rubber industries will also remain financially worthwhile in the market, with sales collectively forecast to exceed US$ 300 Mn in revenues by 2026-end. However, sales of industrial metal detectors in the textile industry is projected to reflect a relatively higher CAGR than all the other end-use industries through 2026.

3. Global Industrial Metal Detectors Market Overview

3.1. Introduction
3.1.1. Global Industrial Metal Detectors Market Taxonomy
3.1.2. Global Industrial Metal Detectors Market Definition

4. Global Industrial Metal Detectors Market Analysis and Forecast 2012-2026

4.1. Global Industrial Metal Detectors Market Size and Forecast By Product Type, 2012-2026
4.1.1. In-Line/Conveyed Media Market Size and Forecast, 2012-2026
4.1.1.1. Revenue (US$ Mn) Comparison, By Region

5. North America Industrial Metal Detectors Market Size and Forecast, 2012-2026

5.1. North America Outlook
5.2. North America Parent Market Outlook

6. Latin America Industrial Metal Detectors Market Size and Forecast, 2012-2026

6.1. Latin America Outlook
6.2. Latin America Parent Market Outlook
6.3. Latin America Target Market Outlook

7. Europe Industrial Metal Detectors Market Size and Forecast, 2012-2026

7.1. Europe Outlook
7.2. Europe Parent Market Outlook
7.3. Europe Target Market Outlook

8. Japan Industrial Metal Detectors Market Size and Forecast, 2012-2026

8.1. Japan Outlook
8.2. Japan Parent Market Outlook

9. APEJ Industrial Metal Detectors Market Size and Forecast, 2012-2026

9.1. APEJ Outlook
9.2. APEJ Parent Market Outlook

10. MEA Industrial Metal Detectors Market Size and Forecast, 2012-2026

10.1. MEA Outlook
10.2. MEA Parent Market Outlook
10.3. MEA Target Market Outlook

11. Global Industrial Metal Detectors Market Company Share, Competition Landscape and Company Profiles

11.1. Company Share Analysis
11.2. Competition Landscape
11.3. Company Profiles

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Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance. To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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