The Handheld Chemical and Metal Detector Market Size was esteemed at USD 2.7 billion in 2023 and is supposed to arrive at USD 6.65 billion by 2031 and develop at a CAGR of 12% over the forecast period 2024-2031.
Handheld Detectors are instruments used to recognize the presence of a particular kind of gas or metal in a climate. There is a large number of handheld identifiers accessible for recognizing various sorts, amounts, and centralizations of gases present in the air. They have different applications like air terminals, army bases, penitentiaries, show scenes, and so on. Hand-held Metal Detectors are utilized for metal discovery to find any metal item that is in the vicinity.
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A handheld synthetic and metal Detector is a compact gadget that can be utilized to identify the presence of synthetics and metals in the climate. It is frequently utilized by policing military faculty to distinguish the presence of medications, explosives, and other perilous materials. The handheld substance and metal Detectors can likewise be utilized in modern settings to identify the presence of perilous synthetics and metals in the working environment.
With the work with worldwide exchange and trade of merchandise across borders, the requirement for security is growing large the day. Hand-held metal indicators are intended for quick and effective everyday use, to precisely identify blades, weapons, and gruff metal articles.
It is another option and corresponding apparatus to fixed scanners, which bring greater portability and adaptability. HTDS offers strolls through metal finder wants to stay away from blockages at examination stations. A solitary compass check regarding a matter's body or on a satchel is adequate to identify stowed away metal items.
Market Dynamics
Driving Factors
Rising focal point of state-run administrations overall on impressive rigid guidelines to guarantee human and ecological security.
The rising interest from different end-use businesses.
Restraining Factors
Very significant expense of handheld substance, dangerous, and opiates locators, alongside longer chance to advertise.
Opportunities
Flooding needs to further develop air terminal security.
The rising interest in the oil and gas industry.
Challenges
Obstruction caused in working of specific clinical gadgets when end clients are examined utilizing metal finders.
Impact of Covid-19
The episode and the spread of the COVID-19 pandemic adversely affected the handheld substance and metal identifier market in 2020, bringing about diminished shipments of the handheld compound, unstable, opiates, and metal finders. This brought about declined incomes, prompting low development patterns of the market during the primary portion of 2020. This pattern kept on winning till the main quarter of 2021. Post-COVID-19, the worldwide handheld substance, and metal indicator market is supposed to observe consistent development because of rigid unofficial laws and expanded interest for handheld compound, unstable, opiates, and metal finders by its significant-end clients, including policing and scientific divisions, military and guard, and custom and boundaries.
Market Estimations
By Technology
Raman spectroscopy is among the broadly utilized identification advancements. As indicated by the Scientific Working Group for the Analysis of Seized Drugs (SWGDRUG), an instrument or a gadget gave Raman spectroscopy is a logical strategy that has the most elevated likely ability to separate for the recognition and ID of opiates. Furthermore, handheld locators given Raman spectroscopy offer fast reaction time, simplicity of activity, and powerful recognizable proof of synthetic compounds, explosives, and opiates by checking bundling materials, without upsetting the example, which limits the openness to the administrator — keeping the specialist on call and local area more secure. Because of these advantages, Raman spectroscopy innovation is supposed to rule the market during the gauge time frame.
By Application
As per the World Drug Report 2021 by the United Nations Office on Drugs and Crime (UNODC), weed strength has quadrupled in certain areas of the planet throughout recent many years. Likewise, most nations have detailed an ascent in the utilization of marijuana, explicitly during the pandemic. This expansion in the utilization of medications or opiates is supposed to build the interest for handheld locators for opiate discovery during the estimated time frame.
By End User
Policing and legal offices require adaptable and reasonable hardware that can address different issues without dialing back their activities. Handheld identifiers empower policing and legal divisions to add a surprising layer of safety at a designated spot or expand significant knowledge capacity past the fixed-site designated spot. Inferable from this, the handheld compound and metal finder market for policing and scientific offices is projected to develop at the most elevated CAGR during the estimated time frame.
By Technology
Raman Spectroscopy
Ion Mobility Spectrometry
Metal Identification
Others
By Application
Chemical Detection
Explosive Detection
Narcotics Detection
Metal Detection
By End User
Introduction
Law Enforcement Agencies & Forensic Departments
Customs & Borders
Military & Defense
Airports
Others
Regional Analysis:
North America
USA
Canada
Mexico
Europe
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Europe
Asia-Pacific
Japan
south Korea
China
India
Australia
Rest of Asia-Pacific
The Middle East & Africa
Israel
UAE
South Africa
Rest of Middle East & Africa
Latin America
Brazil
Argentina
Rest of Latin America
North America held the biggest portion of the handheld compound and metal identifier market in 2021 and is supposed to overwhelm the market during the gauge time frame. The predominance is because of its solid base of end clients, including policing and legal divisions, customs, and line safety faculty, military and safeguard powers, air terminals, and the drugs business. These end clients request handheld substances, hazardous, opiates, and metal locators for the protected recognition of synthetics, explosives, and need drugs. As indicated by NBC News, California's public woods are home to 80-85% of the country's unlawful Maryjane development. Drug dealers reroute a great many gallons of water to develop and have caused a few huge out-of-control fires. Additionally, the critical utilization of pesticides on crops is imperiling natural life, water supplies, and individuals. Handheld indicators assist foresting officials to identify these dangerous synthetic substances and medications and shield woodlands from fierce blazes.
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The Key Players are OSI Systems, Inc., Teledyne Technologies Incorporated, Smiths Group plc, Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Bruker Corporation, Leidos, Garrett Metal Detectors, 908 Devices Inc., Nuctech Company Limited and Other Players
Teledyne Technologies Incorporated-Company Financial Analysis
Report Attributes | Details |
---|---|
Market Size in 2023 | US$ 2.7 Billion |
Market Size by 2031 | US$ 6.65 Billion |
CAGR | CAGR of 12% From 2024 to 2031 |
Base Year | 2023 |
Forecast Period | 2024-2031 |
Historical Data | 2020-2022 |
Report Scope & Coverage | Market Size, Segments Analysis, Competitive Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook |
Key Segments | • By Technology (Raman Spectroscopy, Ion Mobility Spectrometry, Metal Identification, Others) • By Application (Chemical Detection, Explosive Detection, Narcotics Detection, Metal Detection) • By End User (Introduction, Law Enforcement Agencies & Forensic Departments, Customs & Borders, Military & Defense, Airports, Others) |
Regional Analysis/Coverage | North America (USA, Canada, Mexico), Europe (Germany, UK, France, Italy, Spain, Netherlands, Rest of Europe), Asia-Pacific (Japan, South Korea, China, India, Australia, Rest of Asia-Pacific), The Middle East & Africa (Israel, UAE, South Africa, Rest of Middle East & Africa), Latin America (Brazil, Argentina, Rest of Latin America) |
Company Profiles | OSI Systems, Inc., Teledyne Technologies Incorporated, Smiths Group plc, Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Bruker Corporation, Leidos, Garrett Metal Detectors, 908 Devices Inc., Nuctech Company Limited |
DRIVERS | • Rising focal point of state-run administrations overall on impressive rigid guidelines to guarantee human and ecological security. • The rising interest from different end-use businesses. |
RESTRAINTS | • Very significant expense of handheld substance, dangerous, and opiates locators, alongside longer chance to advertise. |
Ans: Technology, Application, and End User segments are covered in the Handheld Chemical and Metal Detector Market.
Ans: The Handheld Chemical and Metal Detector Market size was valued at USD 2.93 billion in 2022.
Ans: North America has the biggest offer in the Handheld Chemical and Metal Detector market.
Ans: Very significant expense of handheld substance, dangerous, and opiates locators, alongside longer chance to advertise and Obstruction caused in working of specific clinical gadgets when end clients are examined utilizing metal finders, are the restraining factors and challenges faced by the Handheld Chemical and Metal Detector market.
Ans: The Handheld Chemical and Metal Detector Market is to grow at a CAGR of 12.73% From 2023 to 2030.
Table of Contents
1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions
2. Research Methodology
3. Market Dynamics
3.1 Drivers
3.2 Restraints
3.3 Opportunities
3.4 Challenges
4. Impact Analysis
4.1 COVID-19 Impact Analysis
4.2 Impact of Ukraine- Russia War
4.3 Impact of Ongoing Recession
4.3.1 Introduction
4.3.2 Impact on major economies
4.3.2.1 US
4.3.2.2 Canada
4.3.2.3 Germany
4.3.2.4 France
4.3.2.5 United Kingdom
4.3.2.6 China
4.3.2.7 Japan
4.3.2.8 South Korea
4.3.2.9 Rest of the World
5. Value chain analysis
6. Porter’s 5 forces model
7. PEST analysis
8. Global Handheld Chemical and Metal Detector Market Segmentation, By Technology
8.1 Raman Spectroscopy
8.2 Ion Mobility Spectrometry
8.3 Metal Identification
8.4 Others
9. Global Handheld Chemical and Metal Detector Market Segmentation, By Application
9.1 Chemical Detection
9.2 Explosive Detection
9.3 Narcotics Detection
9.4 Metal Detection
10. Global Handheld Chemical and Metal Detector Market Segmentation, By End User
10.1 Introduction
10.2 Law Enforcement Agencies & Forensic Departments
10.3 Customs & Borders
10.4 Military & Defense
10.5 Airports
10.6 Others
11. Global Handheld Chemical and Metal Detector Market, by Region/ Country
11.1 Introduction
11.2 North America
11.2.1 USA
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 France
11.3.4 Italy
11.3.5 Spain
11.3.6 The Netherlands
11.3.7 Rest of Europe
11.4 Asia-Pacific
11.4.1 Japan
11.4.2 South Korea
11.4.3 China
11.4.4 India
11.4.5 Australia
11.4.6 Rest of Asia-Pacific
11.5 The Middle East & Africa
11.5.1 Israel
11.5.2 UAE
11.5.3 South Africa
11.5.4 Rest
11.6 Latin America
11.6.1 Brazil
11.6.2 Argentina
11.6.3 Rest of Latin America
12. Company profiles
12.1 OSI Systems, Inc.
12.1.1 Financial
12.1.2 Products/ Services Offered
12.1.3 Swot Analysis
12.1.4 The SNS View
12.2 Teledyne Technologies Incorporated
12.3 Smiths Group plc
12.4 Thermo Fisher Scientific Inc.
12.5 Agilent Technologies, Inc.
12.6 Bruker Corporation
12.7 Leidos
12.8 Garrett Metal Detectors
12.9 908 Devices Inc.
12.10 Nuctech Company Limited
13. Competitive Landscape
13.1 Competitive Bench Marking
13.2 Market Share Analysis
13.3 Recent Developments
14. Conclusion
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