Lucintel Forecasts Global Handheld Chemical And Metal Detector Market to Reach $5.2 billion by 2030


Posted October 13, 2023 by Lucintel

"According to a market report by Lucintel, the future of the global handheld chemical and metal detector market looks promising with opportunities in the introduction, law enforcement agencies & forensic departments

 
"According to a market report by Lucintel, the future of the global handheld chemical and metal detector market looks promising with opportunities in the introduction, law enforcement agencies & forensic departments, custom & border, military & defense, and airport markets. The global handheld chemical and metal detector market is expected to reach an estimated $5.2 billion by 2030 with a CAGR of 10.8% from 2024 to 2030. The major drivers for this market are increasing frequency of security incidents and unlawful activities stemming from global political instability, rising fear of terrorism using chemicals and explosives, and making greater efforts to combat drug trafficking by law enforcement agencies.

A more than 150 – page report is developed to understand trends, opportunity and forecast in handheld chemical and metal detector market to 2030 by technology (raman spectroscopy, ION mobility spectrometry, metal identification, and others), application (chemical detection, explosive detection, narcotics detection, and metal detection), end use (introduction, law enforcement agencies & forensic departments, customs & borders, military & defense, and airports), and region (North America, Europe, Asia Pacific, and the Rest of the World).
In this market, chemical detection, explosive detection, narcotics detection, and metal detection are the major segments of handheld chemical and metal detector market by application. Lucintel forecasts that narcotics detection is expected to witness highest growth over the forecast period.

Within this market, law enforcement agencies & forensic departments will remain the largest segment.

North America will remain the largest market over the forecast period due to strong base of end users, including forensic departments and law enforcement, border and customs officials, members of the armed forces, airports, and pharmaceuticals sectors.

OSI Systems, Teledyne Technologies, Smiths Group, Thermo Fisher Scientific, Agilent Technologies, Bruker, and Leidos are the major suppliers in the handheld chemical and metal detector market.

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This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detaiLED table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]
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Issued By Lucintel
Country United States
Categories Business
Tags handheld chemical and metal detector market
Last Updated October 13, 2023