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AIRPORT METAL DETECTORS MARKET ANALYSIS

A metal detector is an electromagnetic device which is used to metal or metal products. Metal detectors which are used at airports are screening type of metal detectors. These metal detectors are used at various entry check points to prevent entry of unauthorized weapons and equipment such as knives, guns, scissors, razors blades and others. Furthermore, various types of metal detectors are used at airports depending upon the requirement such as walk through metal detectors and hand held metal detectors. These metal detectors are based on pulse induction (PI) principle which uses metallic coil as receiver for creating magnetic impulses when this pulse is blocked by metallic objects it creates an open circuit causing an alarm. <br><br>The global airport metal detectors market is expected to exhibit a CAGR of 5.1% during the forecast period (2019-2027).

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AIRPORT METAL DETECTORS MARKET ANALYSIS

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  1. Coherent Market InsightsMarket Research and Business Consulting Serviceshttps://www.coherentmarketinsights.com AIRPORT METAL DETECTORS MARKET ANALYSIS

  2. Market Overview • Metal detector is a device, which is used for detection of metals or weapons at airport, hotels, railways stations, and many other public and private places. Airports in particular are considered to be soft target by terrorists. Hence, airport are always deployed with various security measures. Majority of the weapons are metals in the form of knives, guns, scissors, razors blades, and others that are detected by these detectors. There are various types of metal detectors, which are used for airport security such as fixed type (walk-through metal detectors) and portable type (handheld). • The global airport metal detectors market is expected to exhibit a CAGR of 5.1% during the forecast period (2019-2027).

  3. Market Dynamics-Drivers • Growing demand for safety and security in the aviation industry is expected to drive growth of the global airport metal detectors market during the forecast period.     • Airports and aviation systems are considered a lucrative target by terrorist across the globe. Airplanes are more vulnerable compared to other forms of transportation. The reason being when flight is in the air, it is completely isolated from ground and it is difficult to engage with hijackers without harming the passenger. The Boeing 747 typically holds around 416 passengers on board and when it is in the air, it is one of the biggest targets for terrorist attacks. This has lead security agencies to focus on preventing these attacks at airports. Increasing threats in the aviation industry is expected to drive the global airport metal detectors market growth over the forecast period. • Among regions, North America region held a dominant position in the global airport metal detectors market in 2019, accounting for 27% share in terms of value, followed by Asia Pacific and Europe, respectively.

  4. Market Restraints • High cost of metal detectors is expected to restrain growth of the global airport metal detectors market over the forecast period. • Metal detectors is one of the crucial parts of airport security infrastructures. However, initial purchasing cost of metal detectors is very high. Moreover, according to Coherent Market Insights’ analysis, installation of new metal detectors at the airport costs around US$ 30,000. Due to high initial purchasing cost and installation cost, airport authority may hesitate to adopt new metal detectors at airports.

  5. Market Opportunities • Increasing government investments on airport security systems is expected to create lucrative growth opportunities for market players in the global airport metal detectors market • Governments are continuously investing in security infrastructure at airports. Among all countries all over the world, the U.S.  is considered as one of the safest countries to travel, owing to high government investments in airport security. For instance, in December 2018, a report published by Transportation Security Administration (TSA), a U.S. airport security body was formed just after 26/11 terrorist attack. TSA had a budget of US$ 7.6 Mn in 2017 and it is expected to increase to US$ 7.78 Mn in 2020. The majority of this funding is spend on new equipment in security infrastructures.  

  6. Increasing government investments on airport security systems is expected to create lucrative growth opportunities for market players in the global airport metal detectors market

  7. Competitive Section • Key companies operating in the global airport metal detectors market include Ceia USA, Ltd., Cobalt Light Systems, Garrett Electronics Inc., L3Harris Security & Detection Systems, Rapiscan Systems, IRT ScanMaster Systems, Inc., Unival group GmbH,  ZKTECO CO., LTD, and others.

  8. Key Developments • Key companies in the market are focused on partnerships, in order to gain competitive edge in the market. For instance, in January 2020, L3Harris Security & Detection Systems and Transportation Security Administration (TSA), a government body of the U.S. entered into a partnership. Through this partnership, L3Harris Security & Detection Systems will provide 100 metal detectors to the U.S. airports. • Key manufacturers are focused on product launches, in order to enhance their product portfolio. For instance, in March 2019, ZKTECO CO., LTD, a China-based security equipment manufacturing company launched several metal detectors at Cebu Product Launch & Seminar 2019 in the Philippines. The products include FaceKiosk-V32 FD1032V and G4, GL300, ZKBio Security kits, and others.

  9. Request Sample Report: https://www.coherentmarketinsights.com/insight/request-sample/3621 • Request Customization: https://www.coherentmarketinsights.com/insight/requestcustomization/36210 • Download PDF Brochure: https://www.coherentmarketinsights.com/insight/request-pdf/3621 • Talk to Analyst: https://www.coherentmarketinsights.com/insight/talk-to-analyst/3621 • Reference: https://www.coherentmarketinsights.com/market-insight/airport-metal-detectors-market-3621

  10. About US Coherent Market Insights is a global market intelligence and consulting organization focused on assisting our plethora of clients achieve transformational growth by helping them make critical business decisions. What we provide: • Customized Market Research Services • Industry Analysis Services • Business Consulting Services • Market Intelligence Services • Long term Engagement Model • Country Specific Analysis

  11. Contact Us Mr. Shah Coherent Market Insights Pvt.Ltd. Address: 1001 4th Ave, #3200 Seattle, WA 98154, U.S. Phone: +1-206-701-6702 Email: sales@coherentmarketinsights.com

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