This quote came from a Wall Street Journal in 2011
“The top U.S. retailer, Kellyco Metal Detectors in Winter Springs, Fla., saw annual sales climb 63% from 2005 to 2010, to $24.8 million. The store projects sales of $26 million this year.”
This was before Minelab realeased many of their flagships. So you can imagine how much their sales are now.
Here is a timeline from Minelab:
GPZ 7000 launched - the best gold detector available (2015)
GO-FIND Series launched - entry level detector with smartphone interface (2015)
Record GPX Series detector sales in Africa
CTX 3030 launched - the ultimate treasure detector (2012)
PRO-FIND 25 pinpointer launched (2012)
SDC 2300 launched - compact waterproof gold detector (2014)
And of course the now Equinox
And this was just Minelab. Keep in mind that there are many manufacturers who are all selling otherwise they would be belly up. So I guess tons of new Metal detectorists are added yearly
Here is a direct link to the article
https://www.wsj.com/articles/SB10001424053111904233404576462161651031814
