The Market Reports

Synopsis
The global market for Magnetic Drill Press was estimated to be worth US$ 258 million in 2024 and is forecast to a readjusted size of US$ 340 million by 2031 with a CAGR of 4.2% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Magnetic Drill Press cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
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)
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 and 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% production market share, is remarkable in the global Magnetic Drill Press industry because of their market share and technology status of Magnetic Drill Press.
On April 2, 2025, US President Trump announced a 10% "minimum base tariff" on trading partners and a "reciprocal tariff" with higher rates on countries including China, the European Union, and Japan. Although the tariffs are still under negotiation, we expect that the prices of products in the US market will rise due to the tariff policy.
At the same time, the tariff policy has made the global magnetic drill market more competitive. On the one hand, in order to compete for limited market share, companies from various countries may take measures such as price cuts, improving product quality and service levels to attract consumers; on the other hand, some countries and regions may take trade protectionist measures to restrict the import of magnetic drill products from other countries, which will further intensify trade frictions and competition in the global magnetic drill industry.
The supply chain of the global magnetic drill industry will be adjusted due to Trump's tariff policy. Manufacturers that originally relied on the US market may turn their attention to other markets, such as Europe and Asia, to diversify market risks. At the same time, in order to avoid the impact of tariffs, companies may consider establishing production bases or procurement channels in other countries and regions to reduce their dependence on countries and regions affected by tariffs, which will lead to a more diversified supply chain layout in the global magnetic drill industry.
This report aims to provide a comprehensive presentation of the global market for Magnetic Drill Press, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Magnetic Drill Press by region & country, by Type, and by Application.
The Magnetic Drill Press market size, estimations, and forecasts are provided in terms of sales volume (Unit) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Magnetic Drill Press.
Market Segmentation
By Company
C. & E. Fein GmbH
Milwaukee
Metabo
Hougen
Nitto
Euroboor
BDS Maschinen GmbH
OSL Cutting Technologie
Evolution Power Tools
Ruko
DEWALT
ALFRA
Champion
Zhejiang Xinxing Tools Co., Ltd.
Dongcheng
PROMOTECH
Karnasch Professional Tools GmbH
KEN Holding Co., Ltd
Eibenstock
Segment by Type
Cordless/Battery-Powered Magnetic Drills
Electric Magnetic Drills
Hydraulic Magnetic Drills
Pneumatic/Air-Powered Magnetic Drills
Segment by Application
General Industry
Infrastructure Industry
Construction Industry
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia-Pacific
Europe
Germany
France
U.K.
Italy
Netherlands
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Magnetic Drill Press manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Magnetic Drill Press in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Magnetic Drill Press in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.

Index