Global Portable Magnetic Drilling Machine Market Growth 2025-2031

The global Portable Magnetic Drilling Machine market size is predicted to grow from US$ 3274 million in 2025 to US$ 4730 million in 2031; it is expected to grow at a CAGR of 6.3% from 2025 to 2031.

A Portable Magnetic Drilling Machine, also known as a mag drill or magnetic drill press, is a specialized tool used for drilling holes in metal surfaces, particularly in situations where traditional drilling methods are impractical or impossible. The key feature of a portable magnetic drilling machine is its ability to attach securely to a metal surface using a strong electromagnetic base, allowing precise and controlled drilling.

Continued advancements in motor technology and power systems could lead to more efficient and powerful drilling machines with higher torque and drilling speeds.

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

This Insight Report provides a comprehensive analysis of the global Portable Magnetic Drilling Machine 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 Portable Magnetic Drilling Machine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Portable Magnetic Drilling Machine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Portable Magnetic Drilling Machine 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 Portable Magnetic Drilling Machine.

This report presents a comprehensive overview, market shares, and growth opportunities of Portable Magnetic Drilling Machine market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Two-speed Gearbox
Four-speed Gearbox

Segmentation by Application:
Industrial
Commercial
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.
Mactech Europe
CS Unitec, Inc.
Euroboor
BDS Maschinen GmbH
Hougen Manufacturing
JEI Drilling & Cutting Solutions
Steelmax Tools LLC
Broachcutter Drilling Machines Pvt. Ltd.

Key Questions Addressed in this Report

What is the 10-year outlook for the global Portable Magnetic Drilling Machine market?

What factors are driving Portable Magnetic Drilling Machine market growth, globally and by region?

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

How do Portable Magnetic Drilling Machine market opportunities vary by end market size?

How does Portable Magnetic Drilling Machine break out by Type, by Application?

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