Global Scrap Lifting Magnets Market Growth 2023-2029

Global Scrap Lifting Magnets Market Growth 2023-2029

Lifting Electromagnet (Lifting Magnet) is special equipment which utilizes the electric & magnetic physical quantity to lift attached materials and has become indispensable when to lift and transport ferromagnetism materials in lines of metallurgy, mine, machinery, shipbuilding and transportation, etc., and it can also be used as electromagnetic manipulator, magnetic force centering, bar length fixing and so on in some fields.
Scrap Lifting Magnets are widely used in scrap processing and recycling industry.
LPI (LP Information)' newest research report, the “Scrap Lifting Magnets Industry Forecast” looks at past sales and reviews total world Scrap Lifting Magnets sales in 2022, providing a comprehensive analysis by region and market sector of projected Scrap Lifting Magnets sales for 2023 through 2029. With Scrap Lifting Magnets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Scrap Lifting Magnets industry.
This Insight Report provides a comprehensive analysis of the global Scrap 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 Scrap Lifting Magnets portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Scrap Lifting Magnets market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Scrap 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 Scrap Lifting Magnets.
The global Scrap Lifting Magnets market size is projected to grow from US$ 379.4 million in 2022 to US$ 466.8 million in 2029; it is expected to grow at a CAGR of 466.8 from 2023 to 2029.
Global key players of Scrap Lifting Magnets include Walker Magnetics (Industrial Magnetics), SGM Magnetics, Sinfonia Technology, Ohio Magnetics, Kanetec and MLTUS, etc. Top three players occupy for a share about 18%. Asia-Pacific is the largest market, with a share about 55%, followed by North America and Europe. In terms of product, Circular Magnets is the largest segment, with a share over 87%. In terms of application, Recycling Industries is the largest market, with a share over 44%.
This report presents a comprehensive overview, market shares, and growth opportunities of Scrap Lifting Magnets market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Rectangular Magnets
Circular Magnets
Segmentation by application
Foundry Industries
Recycling Industries
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 analyzing the company's coverage, product portfolio, its market penetration.
Walker Magnetics
SGM Magnetics
Sinfonia Technology
Ohio Magnetics
Kanetec
Magnetic Lifting Technologies US (MLTUS)
Magnet Lifting
WOKO (Heppenstall Technology)
Sumitomo Heavy Industries
Gauss Magneti
Electro Magnetic Industries
Elektromag
Walmag Magnetics
LONGi Magnet
Adoba GmbH
Papko Magnet Co.
Gensco Equipment
Zanetti Magneti
Evertz Group
YATE Magnetics
Hunan Kemeida Electric
Wrinkle Industries
Sarda Magnets
Kakku E & P Control Co.
Moley Magnetics
MLTUS
Braillon Magnetics

Key Questions Addressed in this Report
What is the 10-year outlook for the global Scrap Lifting Magnets market?
What factors are driving Scrap Lifting Magnets market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Scrap Lifting Magnets market opportunities vary by end market size?
How does Scrap Lifting Magnets break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

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