Global Permanent Lifting Magnets Market Growth 2025-2031

Global Permanent Lifting Magnets Market Growth 2025-2031

The global Permanent Lifting Magnets market size is predicted to grow from US$ 404 million in 2025 to US$ 325 million in 2031; it is expected to grow at a CAGR of -3.5% from 2025 to 2031.

Permanent lifting magnets are composed of magnet materials and steel parts which build a path through which the magnetic flux goes from the magnet materials to ferromagnetic load to be lifted.

Global Permanent Lifting Magnets key players include Kanetec, Walker Magnetics, Sarda Magnets, Eriez Manufacturing, Eclipse Magnetics, etc. Global top five manufacturers hold a share over 25%.

Asia-Pacific is the largest market, with a share about 75%, followed by Europe, and North America, both have a share about 20 percent.

In terms of product, Below 500Kg is the largest segment, with a share over 45%. And in terms of application, the largest application is Steel, followed by Construction, Industrial, etc.

LP Information, Inc. (LPI) ' newest research report, the “Permanent Lifting Magnets Industry Forecast” looks at past sales and reviews total world Permanent Lifting Magnets sales in 2024, providing a comprehensive analysis by region and market sector of projected Permanent Lifting Magnets sales for 2025 through 2031. With Permanent Lifting Magnets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Permanent Lifting Magnets industry.

This Insight Report provides a comprehensive analysis of the global Permanent Lifting Magnets landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Permanent Lifting Magnets portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Permanent Lifting Magnets market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Permanent Lifting Magnets and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Permanent Lifting Magnets.

This report presents a comprehensive overview, market shares, and growth opportunities of Permanent Lifting Magnets market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Below 500Kg
500-1000Kg
Above 1000Kg

Segmentation by Application:
Steel
Construction
Industrial
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Hishiko
Kanetec
Walker Magnetics
magnetoolinc
Sarda Magnets
Eriez Manufacturing
Armstrong Magnetics
Industrial Magnetics
Walmag Magnetics
Braillon Magnetics
ALFRA GmbH
Eclipse Magnetics
Earth-Chain Enterprise
Assfalg GmbH
Hunan Kemeida Electric
Shenyang Longi

Key Questions Addressed in this Report

What is the 10-year outlook for the global Permanent Lifting Magnets market?

What factors are driving Permanent Lifting Magnets market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Permanent Lifting Magnets market opportunities vary by end market size?

How does Permanent Lifting Magnets break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.