Press release
Global Magnetic Drill Press Market Current Situation And Growth Forecast to 2025
A Magnetic Drill Press is a specialized portable power tool used for drilling holes in steel and similar metals. 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.
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 in China and other developing countries will drive the market growth.
With emerging economies growing faster, a strategy has been adopted by most leading vendors in the Magnetic Drill Press market to approach these areas. QYR analysis of the Magnetic Drill Press market indicated that North America and Europe is dominated the market with its leading technology, and Asia has the highest growth rate. Vendors recognize the importance of this region, particularly in China, and are working towards penetrating this market by strengthening their sales and distribution networks.
Although the market competition of Magnetic Drill Press is fierce globally, there are many enterprises can obtain considerable profit form the manufacturing and marketing of Magnetic Drill Press and that is the reason that we believe there will also be enterprises enter this market. But it is suggested that enterprises those have plans to enter this industry have careful analysis of this market and the advantages or disadvantages of themselves.
The global Magnetic Drill Press market is valued at xx million US$ in 2017 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2018-2025.
To access sample market research report click here: https://bit.ly/2LALgsb
The major manufacturers covered in this report
Milwaukee
Hougen
Metabo
C.&E. Fein GmbH
Unibor
Evolution Power Tools
DEWALT
Nitto
Euroboor
Ruko
ALFRAL
G & J HALL TOOLS
Champion
Rotabroach
Dongcheng
KEN
Geographically, this report studies the top producers and consumers, focuses on product capacity, production, value, consumption, market share and growth opportunity in these key regions, covering
North America
Europe
China
Japan
Southeast Asia
India
On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into
Cordless/battery-powered magnetic drills
Electric magnetic drills
Hydraulic magnetic drills
Pneumatic/air-powered magnetic drills
On the basis of the end users/applications, this report focuses on the status and outlook for major applications/end users, consumption (sales), market share and growth rate for each application, including
General Industry
Infrastructure Industry
Construction Industry
Others
Click to view the full report TOC, figure and tables: https://bit.ly/2mTPyfr
QY Research established in 2007, focus on custom research, management consulting, IPO consulting, industry chain research, data base and seminar services. The company owned a large basic data base (such as National Bureau of statistics database, Customs import and export database, Industry Association Database etc), expert’s resources (included energy automotive chemical medical ICT consumer goods etc.
QY Research, INC.
17890 Castleton,
Suite 218,
City of industry, CA - 91748
USA: +1 626 295 2442
Email – inquiry@qyrsearch.com
Web – www.qyresearch.com
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