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Global Market Study
on Industrial Metal
Detector: North
America will Remain Most Lucrative Market for Industrial Metal
Detector during 2017 - 2026
According to a report recently compiled by Persistence Market Research, the
global industrial metal detector market is projected to register an above average
expansion through the forecast period, 2017 to 2026. Over US$ 900 Mn worth
of industrial metal detectors are estimated to be sold globally by 2026-end.
Growing Importance of Metal Detectors in Food Industry to Impact Market
Growth
Metal is considered to be one of the most commonly found contaminants in
food products. Metal fragments in food products may invade from various
sources including bits of farm tools during the process of harvesting, or parts of
robotic systems during processing of food products. In addition, the more food
products undergo processing, the more difficult detection of metallic
contaminants gets, as relatively larger and easier to seek metal pieces are
crushed down into smaller fragments, which escape visual checks done by
workers. It is therefore imperative to ensure screening out of metal pieces in
processed food, which can be efficiently done by using industrial metal
detectors.
Technically utilization of metal detectors in industries is not mandatory,
however they are highly recommended on the back of their simplicity, cost, and
the higher prevalence of metal contaminants in various industrial products.
Metal detectors are placed at various nodes of production processes in order to
achieve optimum efficiency. However other potential contaminants such as
paint chips, hair, glass and wood cannot be detected by metal detectors alone.
X-ray detection is the most commonly employed alternative to industrial metal
detectors, and can detect metal as well as other physical contaminants.
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Indirect Sub-segment Dominant Distribution Channel in Terms of Value
The indirect sub-segment in the distribution channel category of the global
cleaning appliances market is the dominant segment by value and is poised to
exhibit a CAGR of 10.5% during the period of assessment. The indirect subsegment is projected to reach a value of nearly US$ 6,050 Mn at the end of the
assessment period in the year 2026.
Residential End Use Type Poised to Exhibit the Maximum CAGR
The residential sub-segment in the end use type category of the global cleaning
appliances market is projected to display the maximum CAGR of 15.8% during
the period of assessment. The residential sub-segment was estimated to be
valued at nearly US$ 1,100 Mn in the year 2017.
North America Dominant Region in the Global Cleaning Appliances
Market
North America is the dominant region in the global cleaning appliances market
and is likely to exhibit a CAGR of 11.8% during the period of assessment. The
North America cleaning appliances market is poised to be valued at nearly US$
3,700 Mn by the end of the assessment period in the year 2026.
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Global Cleaning Appliances Market: Competition Landscape
Some of the top players functioning in the global cleaning appliances market
have been studied in this report. The players that have been featured in the
competition landscape section of this report include Robert Bosch GmbH,
Qingdao Haier Co., Ltd., Panasonic Corporation, Samsung Electronics Co. Ltd.,
General Electric Co. (GE), LG Electronics, Inc., Honeywell International Inc.,
Whirlpool Corporation, Koninklijke Philips N.V. and Electrolux AB.
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