The
metal detector market is forecasted to reach USD 160.56 million by 2024. With rapid industrialization, the
packaging industry uses metal detectors for quality control. These machines are used in various sectors such as food processing, pharmaceuticals, agriculture, and many others. Metal detectors help manufacturers in producing a high volume of products owing to the high functionality it offers.
One of the major factors driving the growth of this market includes the benefits it offers manufacturers such as the ability to detect all types of metals. Due to the presence of various small and large vendors the metal detector market is fragmented and these vendors are focused on expanding their product portfolio. Therefore, they try to implement advanced technologies for various applications.
Metal detectors are electronic instruments widely used in detecting metals and they comprise sensors that indicate the presence of metal either by the sound of a buzzer or by the
lightning of led. People across the globe use metal detectors to discover valuable relics that are buried underground and the same technology is being implemented in military and security services as well, which helps to keep the world safe by uncovering guns, knives, and other metal weapons.
Long Way since Invention
Portable metal detectors were invented by an electronics engineer - Gerhard Fischer, in the year 1933. Today, there are numerous types of metal detectors available in the market such as coin metal detect, industrial metal detectors, pulse metal detectors, pharma metal detectors, textile metal detectors, and many more and each of these machines work in various ways.
However, the science behind all of these machines is the same. The basic working principle involves the change in the electric flux. All metal detectors contain a coil of wire wrapped around the circular head at the end of the handle. This is known as the transmitter coil.
Metal detectors find wide usage in many industrial processes and are used in important sites such as airports, railways, hotels, military facilities, and various other government buildings for providing security. They are mainly used to detect weapons, gold, or any other metal at the aforementioned places. Not just that Metal detectors also find applications in civil engineering and are widely used in archeology to discover the remains of extinct species.
As the market is projected to grow soon, many new players will enter the market during the forecast period. The APAC region is projected to offer several growth opportunities to market vendors. Also, the increase in the development of the transit sector, increased investments in IT parks, and rising investments in hotel construction are anticipated to drive the growth of this market in this region during the forecast period.
