The portable metal detectors market is anticipated to rise to US$ 1210 million in 2022 and likely to reach US$ 2667 million by 2032, with a CAGR of 8.3% during the forecast period from 2022 to 2032.
Security wands, handheld, battery-powered, lightweight devices designed to detect concealed objects, are becoming increasingly popular.
Portable metal detectors market trends are driving market growth, such as detecting hidden metal within objects or metal buried underground. The use of these tools by traffic cops, MIA subdivisions, customs, and surrounding security installations is expected to boost portable metal detector statistics.
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The demand for portable metal detectors devices is increasing because they provide security professionals and law enforcement personnel with a low-cost and efficient way of screening people seeking entry into a variety of locations, including government buildings, airports, military installations, prisons, sporting events, concert venues, and others.
The portable metal detectors market growth is mainly driven by increasing government investments in security in government institutions, within the transportation industry, such as airports, railways, etc. As well, the adoption of portable metal detectors is also rising in the private & residential places where security is a prime concern. Moreover, increasing investments in infrastructural development all over the world and rising concerns regarding security will increase the demand for portable metal detectors in the near future.
Additionally, the public is becoming aware of the importance of security equipment, which is likely to increase the sales of portable metal detectors, as they are being used in apartments, residential buildings, townships, etc. to ensure the safety of the residents.
Recent Developments in the Portable Metal Detectors Market are:
- The various key industries are investing in R&D to develop their new innovative skills in the portable metal detectors market. The manufacturing industries improved multi-zone detection, algorithms and multi-zone detection recently through R&D.
- The new RoadRunner explosives trace detector (ETD) for airport passenger and luggage security screening was introduced by Bruker Corporation in November 2021. The RoadRunner is an ETD that delivers strong detection performance of ion mobility spectrometry (IMS) in a user-friendly portable device, as well as quick and accurate screening capabilities.
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Key Segments
By Type:
- Vacuum Metal Detector
- Pipeline Metal Detector
By Application:
- Archaeology
- Treasure Hunting
- Leisure
- Entertainment
By Region:
- North America
- Latin America
- Europe
- Asia Pacific
- MEA
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