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Handheld Chemical and Metal Detector Market Size

Report ID: GMI8118 Published Date: February 2024Report Format: PDF
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Handheld Chemical and Metal Detector Market Size

Handheld Chemical and Metal Detector Market size was valued at over USD 4 billion in 2023 and is estimated to register a CAGR of over 14% between 2024 and 2032. The market encompasses the industry involved in producing, selling, and deploying portable devices designed for identifying specific chemicals and metals, primarily used in security applications.

 

Handheld Chemical and Metal Detector Market

The expanding travel & tourism industry is significantly boosting the market. The growing volume of passengers frequenting airports, public transportation hubs, and tourism destinations necessitates heightened security measures. The industry's dedication to guaranteeing the security of travelers and infrastructure is in line with the portability and screening efficiency provided by handheld detectors. As a result, there is a need for sophisticated detection technologies to preserve safe spaces in the ever-changing travel & tourism industry. For instance, in November 2021, Bruker launched a new RoadRunner Explosives Trace Detector (ETD) for airport passenger and baggage security screening. Presently, the only handheld ETD instrument to meet the protocol set by the European Civil Aviation Conference (ECAC)1, the RoadRunner offers fast & accurate screening capabilities in an easy-to-use, handheld design.

Advancements in detection technology propel the handheld chemical and metal detector market by fostering innovations in sensors, materials, and signal processing. Continuous improvements enhance detection accuracy, sensitivity, and the overall performance, fueling adoption across diverse industries seeking state-of-the-art security solutions.

Limited detection capabilities impede the market. Limitations in recognizing specific hidden materials might hinder the overall efficiency of security screening. These restrictions might prevent wide adoption, especially in situations where thorough detection of a variety of substances is essential. Overcoming this difficulty and guaranteeing the market's continued expansion in offering reliable and adaptable security solutions depend on the ongoing technological innovations addressing these limitations.

Author: Suraj Gujar, Sandeep Ugale
Frequently Asked Question(FAQ) :

How are the customs & borders end-users contributing to the handheld chemical and metal detector industry growth?+

The customs & borders segment held over 20% share of the handheld chemical and metal detector industry in 2023 and is expected to register an appreciable CAGR from 2024-2032 due to growing international trade and the ongoing need for strong security measures.

What factors are influencing the handheld chemical and metal detector market growth from North America?+

North America held over 30% share of the handheld chemical and metal detector industry in 2023 and is expected to register a commendable CAGR from 2024-2032 due to the strict regulations and growing security concerns in the region.

How big is the handheld chemical and metal detector industry?+

Handheld chemical and metal detector market size crossed USD 4 billion in 2023 and is expected to register over 14% CAGR from 2024-2032 owing to the growing volume of passengers frequenting airports, and public transportation hubs, necessitating heightened security measures worldwide.

Who are the key handheld chemical and metal detector industry players?+

Chemring Group PLC, Garrett Metal Detectors, Hitachi High-Technologies Corporation, L-3 Security & Detection Systems, Leidos, Nuctech Company Limited, and OSI Systems, Inc. (US), are some of the major handheld chemical and metal detector companies worldwide.

Handheld Chemical and Metal Detector Market Scope

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