Global Lifting Scrap Magnets Market Growth 2025-2031
Description
The global Lifting Scrap Magnets market size is predicted to grow from US$ 234 million in 2025 to US$ 304 million in 2031; it is expected to grow at a CAGR of 4.5% from 2025 to 2031.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Lifting Scrap Magnets are industrial electromagnets or permanent magnets specifically designed for lifting, handling, and transporting scrap metal in recycling yards, steel mills, foundries, and demolition sites. They use magnetic force to grip ferrous materials like steel and iron without the need for mechanical clamps or slings.
United States market for Lifting Scrap Magnets is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Lifting Scrap Magnets is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Lifting Scrap Magnets is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Lifting Scrap Magnets players cover Walker Magnetics, SGM Magnetics, Sinfonia Technology, Ohio Magnetics, Kanetec, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Lifting Scrap Magnets Industry Forecast” looks at past sales and reviews total world Lifting Scrap Magnets sales in 2024, providing a comprehensive analysis by region and market sector of projected Lifting Scrap Magnets sales for 2025 through 2031. With Lifting Scrap Magnets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lifting Scrap Magnets industry.
This Insight Report provides a comprehensive analysis of the global Lifting Scrap 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 Lifting Scrap Magnets portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lifting Scrap Magnets market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lifting Scrap 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 Lifting Scrap Magnets.
This report presents a comprehensive overview, market shares, and growth opportunities of Lifting Scrap Magnets market by product type, application, key manufacturers and key regions and countries.
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 analysing the company's coverage, product portfolio, its market penetration.
Walker Magnetics
SGM Magnetics
Sinfonia Technology
Ohio Magnetics
Kanetec
Magnetic Lifting Technologies US
Magnet Lifting
Heppenstall Technology (WOKO)
Sumitomo Heavy Industries
Gauss Magneti
Electro Magnetic Industries
Elektromag
Walmag Magnetics
LONGi Magnet
Adoba GmbH
Papko Magnet
Gensco Equipment
Zanetti Magneti
Evertz Group
YATE Magnetics
Hunan Kemeida Electric
Wrinkle Industries (GRYB)
Sarda Magnets
Kakku E & P Control
Moley Magnetics
Braillon Magnetics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Lifting Scrap Magnets market?
What factors are driving Lifting Scrap Magnets market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lifting Scrap Magnets market opportunities vary by end market size?
How does Lifting Scrap Magnets break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
The impact of the latest U.S. tariff measures and the corresponding policy responses from countries worldwide on market competitiveness, regional economic performance, and supply chain configurations will be comprehensively evaluated in this report.
Lifting Scrap Magnets are industrial electromagnets or permanent magnets specifically designed for lifting, handling, and transporting scrap metal in recycling yards, steel mills, foundries, and demolition sites. They use magnetic force to grip ferrous materials like steel and iron without the need for mechanical clamps or slings.
United States market for Lifting Scrap Magnets is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
China market for Lifting Scrap Magnets is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Europe market for Lifting Scrap Magnets is estimated to increase from US$ million in 2024 to US$ million by 2031, at a CAGR of % from 2025 through 2031.
Global key Lifting Scrap Magnets players cover Walker Magnetics, SGM Magnetics, Sinfonia Technology, Ohio Magnetics, Kanetec, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2024.
LP Information, Inc. (LPI) ' newest research report, the “Lifting Scrap Magnets Industry Forecast” looks at past sales and reviews total world Lifting Scrap Magnets sales in 2024, providing a comprehensive analysis by region and market sector of projected Lifting Scrap Magnets sales for 2025 through 2031. With Lifting Scrap Magnets sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Lifting Scrap Magnets industry.
This Insight Report provides a comprehensive analysis of the global Lifting Scrap 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 Lifting Scrap Magnets portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Lifting Scrap Magnets market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Lifting Scrap 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 Lifting Scrap Magnets.
This report presents a comprehensive overview, market shares, and growth opportunities of Lifting Scrap Magnets market by product type, application, key manufacturers and key regions and countries.
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 analysing the company's coverage, product portfolio, its market penetration.
Walker Magnetics
SGM Magnetics
Sinfonia Technology
Ohio Magnetics
Kanetec
Magnetic Lifting Technologies US
Magnet Lifting
Heppenstall Technology (WOKO)
Sumitomo Heavy Industries
Gauss Magneti
Electro Magnetic Industries
Elektromag
Walmag Magnetics
LONGi Magnet
Adoba GmbH
Papko Magnet
Gensco Equipment
Zanetti Magneti
Evertz Group
YATE Magnetics
Hunan Kemeida Electric
Wrinkle Industries (GRYB)
Sarda Magnets
Kakku E & P Control
Moley Magnetics
Braillon Magnetics
Key Questions Addressed in this Report
What is the 10-year outlook for the global Lifting Scrap Magnets market?
What factors are driving Lifting Scrap Magnets market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Lifting Scrap Magnets market opportunities vary by end market size?
How does Lifting Scrap Magnets break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
180 Pages
- *This is a tentative TOC and the final deliverable is subject to change.*
- 1 Scope of the Report
- 2 Executive Summary
- 3 Global by Company
- 4 World Historic Review for Lifting Scrap Magnets by Geographic Region
- 5 Americas
- 6 APAC
- 7 Europe
- 8 Middle East & Africa
- 9 Market Drivers, Challenges and Trends
- 10 Manufacturing Cost Structure Analysis
- 11 Marketing, Distributors and Customer
- 12 World Forecast Review for Lifting Scrap Magnets by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
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