Global Magnetic Drill Press Market Insights, Forecast to 2025

A Magnetic Drill Press is a specialized portable power tool used for drilling holes in steel and similar metals. It can be time-consuming and cumbersome to try to maneuver large steel or pipe into position at a stationary drill press or work center. A portable magnetic drill allows you to take the drill to the work piece, instead of trying to bring the work piece to the drill.
In the coming years there is an increasing demand for Magnetic Drill Press in the regions of United States and Europe that is expected to drive the market for more advanced Magnetic Drill Press. Increasing of general industry fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of magnetic drill press in China and other developing countries will drive the market growth.
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Magnetic Drill Press market to approach these areas. QYR analysis of the Magnetic Drill Press market indicated that North America and Europe is dominated the market with its leading technology, and Asia has the highest growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.
Although the market competition of Magnetic Drill Press is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Magnetic Drill Press and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
The Magnetic Drill Press market was valued at xx Million US$ in 2018 and is projected to reach xx Million US$ by 2025, at a CAGR of xx% during the forecast period. In this study, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Magnetic Drill Press.

This report presents the worldwide Magnetic Drill Press market size (value, production and consumption), splits the breakdown (data status 2014-2019 and forecast to 2025), by manufacturers, region, type and application.
This study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

The following manufacturers are covered in this report:
Milwaukee
Hougen
Metabo
C.&E. Fein GmbH
Unibor
Evolution Power Tools
DEWALT
Nitto
Euroboor
Ruko
ALFRAL
G & J HALL TOOLS
Champion
Rotabroach
Dongcheng
KEN

Magnetic Drill Press Breakdown Data by Type
Cordless/battery-powered magnetic drills
Electric magnetic drills
Hydraulic magnetic drills
Pneumatic/air-powered magnetic drills
Magnetic Drill Press Breakdown Data by Application
General Industry
Infrastructure Industry
Construction Industry
Others

Magnetic Drill Press Production by Region
United States
Europe
China
Japan
Other Regions

Magnetic Drill Press Consumption by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Russia
Rest of Europe
Central & South America
Brazil
Rest of South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa
Rest of Middle East & Africa

The study objectives are:
To analyze and research the global Magnetic Drill Press status and future forecast，involving, production, revenue, consumption, historical and forecast.
To present the key Magnetic Drill Press manufacturers, production, revenue, market share, and recent development.
To split the breakdown data by regions, type, manufacturers and applications.
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Magnetic Drill Press :
History Year: 2014 - 2018
Base Year: 2018
Estimated Year: 2019
Forecast Year: 2019 - 2025

This report includes the estimation of market size for value (million USD) and volume (Unit). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Magnetic Drill Press market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.

Frequently Asked Questions