About Needle Detector
Needle detection is used to check whether there are any broken needles in the accessories or garments during the manufacturing process. Use of detector is device used for detecting smoke, fire, or some other hazardous condition and device used for detecting the presence of metal, contraband, or other items that might be hidden or concealed.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global market is highly competitive and consists of a limited number of providers who compete with each other. The intense competition, changing consumer spending patterns, demographic trends, and frequent changes in consumer preferences pose significant opportunities for market growth. Analyst at AMA Research estimates that Chinese Vendors will contribute the maximum growth to Global Needle Detector market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Shanghai Boomteam Electric (China), Shanghai Harvest Electronics (China), Krishna Techno Sales (India), Shanghai Dingli Needle Detector Instrument (China), Super Wand (Australia), Dongguan Hengzhun (China), Hashima (United States), ShanghaiSanko ElectromechanicalTechnology (China) and Innotech (Japan) are some of the key players that are part of study coverage.
Segmentation Overview
AMA Research has segmented the market of Global Needle Detector market by Type (Protable and Bench-top), Application (Food industry, Textile industry, Toy industry, Medicine industry and Other) and Region.
On the basis of geography, the market of Needle Detector has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Category, the sub-segment i.e. Tools will boost the Needle Detector market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Development new varieties of detector
Market Growth Drivers:
Rising requirement for detector
Challenges:
Required continuous growth in detector
Restraints:
High cost associated with detector
Opportunities:
High cost associated with detector
Market Leaders and their expansionary development strategies
In May 2022, Athena Security has launched of the company's fast, frictionless Entryway Security Solution, which is a multi-sensor walk-through metal detector allowing the faster flow of pedestrian traffic. "Society desires a safe and secure world while avoiding the feeling of entering a jail," said Athena Security Co-founder and President Lisa Falzone. "Our new walk-through metal detector overcomes this catch 22 allowing for the fast flow of traffic into buildings while providing a high level of weapons detection and security screening.
In 2020, Leidos acquired L3Harris Technology’s Security Detection and Automation Segment. The acquired segment is categorized under the Civil Operating segment of Leidos and will provide various security detection products such as trace detectors and others for airports and critical infrastructure screening.
Key Target Audience
Manufactures, Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.