How big is the Metal Detectors Market?

The Metal Detectors Market size is expected to reach USD 1.65 billion in 2024 and grow at a CAGR of 9.05% to reach USD 2.54 billion by 2029. Read More

What is the current Metal Detectors Market size?

In 2024, the Metal Detectors Market size is expected to reach USD 1.65 billion. Read More

Who are the key players in Metal Detectors Market?

Garrett Metal Detectors, CEIA S.p.A, Minelab, WIPOTEC GmbH and Mettler Toledo are the major companies operating in the Metal Detectors Market. Read More

Which is the fastest growing region in Metal Detectors Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Metal Detectors Market?

In 2024, the North America accounts for the largest market share in Metal Detectors Market. Read More

What years does this Metal Detectors Market cover, and what was the market size in 2023?

In 2023, the Metal Detectors Market size was estimated at USD 1.50 billion. The report covers the Metal Detectors Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Metal Detectors Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Metal Detectors Market Share

Statistics for the 2023 & 2024 Metal Detectors market share, created by Mordor Intelligence™ Industry Reports. Metal Detectors share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Metal Detectors Industry

The metal detectors market is significantly competitive due to several major players, such as Garrett Metal Detectors, CEIA SpA, Minelab, WIPOTEC GmbH, and Mettler Toledo. These companies have gained a competitive advantage by continually innovating their offerings through research and development. Through strategic partnerships, mergers, and acquisitions, these players have gained a strong footprint in the market and are expected to upgrade the detector technologies further.

• July 2023: Garrett Metal Detectors announced that it would begin accepting orders for its newly released Paragon detector. Paragon is the new capstone for Garrett's line of walkthrough security screening products, with best-in-class 66 detection zones and revolutionary new features for ease of use, such as Zero Touch NFC and Ambiscan directional sensitivity. The company mentioned that Paragon is a culmination of 40 years of security achievements in the world of walkthrough metal detection, with plans for exciting future developments.

• May 2023: Mettler Toledo announced the release of the upgraded version of its M30 R-Series metal detection systems. The M30 R-Series is the first of Mettler-Toledo’s product family that has been created with cutting-edge SENSE software technology, empowering metal detection to achieve new heights of intelligence and creativity. In addition to providing a higher level of metal detection security and performance at a reasonable price, the highly innovative SENSE software meets a wide range of food safety requirements and standards that manufacturers worldwide use. Due to the improved software, the M30R series metal detectors can now interact seamlessly with ProdX data management software. This results in optimized procedures and automatic reporting of inspections, enabling easy and real-time data collection at the push of a button. This also simplifies data storage and makes it paperless while making information retrievals quick.