Los Angeles, CA -- (SBWIRE) -- 02/19/2019 -- This report studies the Magnetic Drill Press market size (value and volume) by players, regions, product types and end industries, history data 2013-2017 and forecast data 2018-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.

A Magnetic Drill Press is a specialized portable power tool used for drilling holes in steel and similar metals.

- They are used on the job site or in the shop

- Also referred to as a mag drill, portable base drills, portable drill press

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.

A portable magnetic drill may be used in any position—vertical, horizontal, or overhead (upside down)

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 will drive growth in United States and Europe markets.

Globally, the Magnetic Drill Press industry market is low concentrated as the manufacturing technology of Magnetic Drill Press is relatively matures than some high-tech equipment. And some enterprises, like Milwaukee, Hougen, Metabo, C.?E. Fein GmbH, etc. are well-known for the wonderful performance of their Magnetic Drill Press and related services. At the same time, Europe, occupied 33.60% production market share in 2017, is remarkable in the global Magnetic Drill Press industry because of their market share and technology status of Magnetic Drill Press.

The consumption volume of Magnetic Drill Press is related to downstream industries and global economy. As there will always be some uncertain in the global economy in the following years, the growth rate of Magnetic Drill Press industry may not keep that fast. But it is surely forecasted that the market of Magnetic Drill Press is still promising.

The global Magnetic Drill Press market was 200 million US$ in 2017 and is expected to 260 million US$ by the end of 2025, growing at a CAGR of 3.0% between 2018 and 2025.

Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Magnetic Drill Press in these regions, from 2013 to 2025, covering

North America (United States, Canada and Mexico)

Europe (Germany, UK, France, Italy, Russia and Turkey etc.)

Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)

South America (Brazil etc.)

Middle East and Africa (Egypt and GCC Countries)

The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include

Hougen

Milwaukee

C.?E. Fein GmbH

Metabo

Nitto

Rotabroach

Unibor

Euroboor

Evolution Power Tools

Ruko

DEWALT

ALFRA

Karnasch Professional Tools GmbH

Powerbor

Champion

Dongcheng

KEN

By the product type, the market is primarily split into

Cordless/battery-powered Magnetic Drills

Electric Magnetic Drills

Hydraulic Magnetic Drills

Pneumatic/Air-powered Magnetic Drills

By the end users/application, this report covers the following segments

General Industry

Infrastructure Industry

Construction Industry

Others

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