Handheld Chemical and Metal Detector Market worth $ 4.1 billion by 2027

NORTHBROOK, Ill. - May 13, 2022 - PRLog -- The global handheld chemical and metal detector market is projected to reach USD 4.1 billion by 2027 from an estimated USD 2.3 billion in 2022, at a CAGR of 12.4% from 2022 to 2027. Increasing threat of chemical and explosives terrorism is among the major factors driving the growth of the market.

Based on technology, Raman spectroscopy accounted for the largest market share, and a similar trend is projected to be observed during the forecast period. Raman spectroscopy is a well-established technique widely used in the pharmaceuticals, chemicals, and safety & security industries. Raman spectroscopy technology-based handheld detectors can identify the presence of hazardous chemicals, narcotics, and explosives at a faster rate, helping first responders to prevent potentially hazardous situations rapidly and safely.

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In 2021, the chemical detection application accounted for the largest size of the handheld chemical and metal detector market, and a similar trend is likely to be observed during the forecast period. The high growth can be attributed to the increasing use of handheld chemical detectors by first responders to instantly monitor hazardous materials (HAZMATs) in the environment and ensure environmental safety. In addition, handheld chemical detectors expedite incident responses and enable reliable, accurate, and speedy chemical detection.

In 2021, the law enforcement agencies & forensic departments accounted for the largest size of the handheld chemical and metal detector market, and a similar trend is likely to be observed during the forecast period. Law enforcement agencies are responsible for enforcing laws, maintaining public order, and managing public safety, whereas the forensic team examines and analyzes evidence from crime scenes. These agencies and forensic personnel depend on proactive and preventative technologies that assist them in ensuring public safety. Handheld chemical, explosive, narcotics, and metal detectors assist first responders and HAZMAT teams in detecting HAZMATs and addressing potential risks associated with illegal activities and hazardous situations. Owing to these reasons, such detectors are highly demanded by law enforcement agencies & forensic departments of different countries. This supports the growth of the handheld chemical and metal detector market.