Asia Pacific Handheld Chemical and Metal Detector Market

Asia Pacific Handheld Chemical and Metal Detector Market Size, Share & Industry Trends Analysis Report By Type (Chemical, and Metal), By Application (Law Enforcement Agencies, Forensic Departments, Customs & Borders), By Country and Growth Forecast, 2023 - 2030

Report Id: KBV-17537 Publication Date: September-2023 Number of Pages: 134
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Market Report Description

The Asia Pacific Handheld Chemical and Metal Detector Market would witness market growth of 11.1% CAGR during the forecast period (2023-2030). In the year 2021, the Asia Pacific market's volume surged to 500.4 thousand Units, showcasing a growth of 8.7% (2019-2022).

A handheld chemical and metal detector uses electrical technology to look for specified compounds and metal items in a defined area. It is utilized frequently at airports, public events, military checkpoints, law enforcement operations, and hazardous material handling. Increasing instances of terrorism and illicit activity caused by geopolitical unrest also contribute to expanding the market.

There is a high demand for handheld devices, which are battery-powered, transportable, and lightweight designed to detect unseen objects. Market trends for handheld metal detectors, such as detecting metal concealed within objects or metal buried underground, are propelling market expansion. It is expected that the use of these technologies by traffic police, customs, and surrounding security facilities will increase the demand for handheld metal detectors.

Moreover, the increasing emphasis on security and safety in numerous industries drives the handheld chemical and metal detector market. With growing concerns about potential threats such as terrorism, criminality, and illicit activities, the demand for effective and portable metal-detecting systems has increased.

China has opened its borders after the coronavirus pandemic, enabling foreigners to obtain visas for business, reunions, and study and expediting the processing of Chinese passport applications and Hong Kong permits. Many of the city's border controls were reopened, and locked businesses and transportation sites were opened. Hence, there is an increase in security checking throughout the country, boosting the demand.

Many countries in the Asia-Pacific region have extensive borders, both land and maritime. Handheld detectors are used for customs and border control to screen travelers, vehicles, cargo, and shipping containers, helping to prevent illegal immigration and the smuggling of contraband. As a result, these factors will help boost the demand for handheld chemical and metal detectors in the region.

The China market dominated the Asia Pacific Handheld Chemical and Metal Detector Market, by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $343.5 Million by 2030. The Japan market is anticipated to grow at a CAGR of 10.4% during (2023 - 2030). Additionally, The India market would register a CAGR of 11.8% during (2023 - 2030).

Based on Type, the market is segmented into Chemical, and Metal. Based on Application, the market is segmented into Law Enforcement Agencies, Forensic Departments, Customs & Borders, and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.

Free Valuable Insights: The Worldwide Handheld Chemical and Metal Detector Market is Projected to reach USD 4.5 Billion by 2030, at a CAGR of 10.4%

The market research report covers the analysis of key stakeholders of the market. Key companies profiled in the report include OSI Systems, Inc. (Spacelabs Healthcare), Leidos Holdings, Inc., Thermo Fisher Scientific Inc., Agilent Technologies, Inc., Teledyne Technologies Incorporated, Bruker Corporation, AIRSENSE Analytics GmbH, Smith Group Plc, NUCTECH Co. Ltd., and Garrett Metal Detectors.

Scope of the Study

Market Segments Covered in the Report:

By Type (Volume, Thousand Units, USD Million, 2019-2030)

  • Chemical
  • Metal

By Application (Volume, Thousand Units, USD Million, 2019-2030)

  • Law Enforcement Agencies
  • Forensic Departments
  • Customs & Borders
  • Others

By Country (Volume, Thousand Units, USD Million, 2019-2030)

  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific

Key Market Players

List of Companies Profiled in the Report:

  • OSI Systems, Inc. (Spacelabs Healthcare)
  • Leidos Holdings, Inc.
  • Thermo Fisher Scientific Inc.
  • Agilent Technologies, Inc.
  • Teledyne Technologies Incorporated
  • Bruker Corporation
  • AIRSENSE Analytics GmbH
  • Smith Group Plc
  • NUCTECH Co. Ltd.
  • Garrett Metal Detectors
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