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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.
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Airport Metal Detectors Market Demand & Trends By Type, Application & Specification 2020-2027 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). Get HOLISTIC Request Sample Copy Of This Business Report: https://www.coherentmarketinsights.com/insight/request-sample/3621 The global airport metal detectors market is expected to exhibit a CAGR of 5.1% during the forecast period (2019-2027). 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. 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. Market Taxonomy This report segments the global airport metal detectors market on the basis of product type, application, and region. On the basis of product type, the global airport metal detectors market is segmented into explosives, metal, narcotics, radioactivity, and others. On the basis of application, the global airport metal detectors market is segmented into military and civil, and on the basis of region, the global airport metal detectors market is segmented into North America, Latin America, Europe, Asia Pacific, Middle East, and Africa. Key features of the study: •This report provides an in-depth analysis of the global airport metal detectors market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2019-2027), considering 2018 as the base year •It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market •This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players •It profiles leading players in the global airport metal detectors market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans •These key market players are focusing on collaboration strategy with other market leaders to innovate and launch new products to meet the increasing needs and requirements of consumers •Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology upgradation, market expansion, and marketing tactics •The global airport metal detectors market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts •Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global airport metal detectors market Detailed Segmentation:
Global Airport Metal Detectors Market, By Product Type: •Explosives •Metal •Narcotics •Radioactivity •Others Global Airport Metal Detectors Market, By Application: •Military •Civil Get HOLISTIC Request Customization Of This Business Report: https://www.coherentmarketinsights.com/insight/request-customization/3621 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. About Coherent Market Insights: Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity. Contact Us: Name: Mr. Raj Shah Phone: US +12067016702 / UK +4402081334027 Email: sales@coherentmarketinsights.com Visit Our Blogs: https://blog.coherentmarketinsights.com