Lucintel Forecasts the Global Magnetic Drill Press Market is expected to grow with a CAGR of 3.1% from 2025 to 2031
Lucintel Forecasts the Global Magnetic Drill Press Market is expected to grow with a CAGR of 3.1% from 2025 to 2031
Blog Article
According to a market report by Lucintel, the future of the global magnetic drill press market looks promising with opportunities in the general, infrastructure, and construction markets. The global magnetic drill press market is expected to grow with a CAGR of 3.1% from 2025 to 2031. The major drivers for this market are the increasing demand for portable drilling tools, the rising construction activities across asia pacific, and the growing adoption in industrial maintenance work.
A more than 150-page report to understand trends, opportunity and forecast in magnetic drill press market to 2031 by type (cordless/battery-powered magnetic drills, electric magnetic drills, hydraulic magnetic drills, and pneumatic/air-powered magnetic drills), application (general, infrastructure, construction, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, cordless/battery-powered magnetic drill is expected to witness the highest growth over the forecast period.
Within the application category, construction is expected to witness the highest growth.
Download sample by clicking on magnetic drill press market
In terms of region, APAC is expected to witness the highest growth over the forecast period.
Hougen, Milwaukee, C. & E. Fein, Metabo, Nitto, Rotabroach, Unibor, Euroboor, Evolution Power Tools, Ruko are the major suppliers in the magnetic drill press market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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