Global Magnetic Core Broach Drill Market Growth 2026-2032
Description
The global Magnetic Core Broach Drill market size is predicted to grow from US$ 417 million in 2025 to US$ 531 million in 2032; it is expected to grow at a CAGR of 3.5% from 2026 to 2032.
In 2025, global sales of magnetic core broach drills were approximately 485,000 units, with an average price of about $880 per unit; the typical gross margin at the manufacturing end was about 18%–26%. Magnetic core broach drills are a type of portable or benchtop metal drilling equipment. The core is fixed by a powerful electromagnetic base and is equipped with a core bit (annular cutter) for quickly drilling holes in steel plates and structural components. Common general parameters include: maximum bore diameter (commonly 12–150 mm, larger sizes available), maximum bore depth (typically 25–150 mm and above), main machine power (ranging from 700 W to 2,000+ W), no-load speed range (approximately 200–2,000 rpm, with multiple speed settings), magnetic force (typical magnetic force 5,000–25,000 N, used to ensure the drill press is fixed on vertical/inclined steel surfaces), and spindle interface (M16/19.05 mm or 3/4"). The specifications include bore diameter, cooling method (internal/external cooling/circulating cooling), safety features (magnetic detection, limit switch, thermal protection, clutch anti-jamming function), and accessories (guide frame, chip disc, gearbox, gear grinder, etc.). The market offers both lightweight models (lower prices) for construction/steel structure installation and heavy-duty models for in-plant production (more powerful, equipped with automatic feed and CNC interface). Prices and configurations vary significantly (many models are available online and from professional dealers, with retail prices ranging from hundreds to thousands of US dollars). Upstream components mainly include motors and electronic controls (motors, gearboxes), magnets and iron cores, aluminum/cast iron bodies, gears/guide rails and hollow drill bits (high alloy steel/carbide tools), as well as power supplies and safety sensors; downstream components include professional construction service providers and equipment rental companies in building construction, oil and gas pipeline installation, steel structure manufacturing, shipbuilding and repair, electromechanical installation and maintenance, etc.
The magnetic core broach drill market is experiencing steady growth and structural upgrades: First, industrial automation and construction efficiency are driving increased demand for high-performance models (advanced models with automatic feed, variable frequency speed control, electronic magnetic force monitoring, and remote diagnostics are favored by large contractors and equipment rental companies); second, the rigid demand for portable, strong magnetic, and durable models in steel structures, shipbuilding, wind turbine tower installation, and pipeline engineering is steadily increasing, driving up the proportion of mid-to-high-end products; third, e-commerce and globalized parts supply have lowered the prices of low-end/disposable replacement parts, prompting manufacturers to maintain gross profit through value-added services (warranty, on-site repair, integrated tool kits); fourth, fluctuations in raw material (copper for motors, rare earth/magnetic materials, castings) and transportation costs will put cyclical pressure on costs, forcing manufacturers to optimize material formulations and production automation to protect gross profit margins. Regionally, the Asia-Pacific region (including China and India) will continue to expand its market share with its cost and production capacity advantages, while the North American and European markets have higher requirements for reliability and compliance (safety standards, rental company acceptance), which is beneficial for high-end brand pricing. The overall market is expanding towards intelligent, modular tooling systems and equipment rental/after-sales services.
LP Information, Inc. (LPI) ' newest research report, the “Magnetic Core Broach Drill Industry Forecast” looks at past sales and reviews total world Magnetic Core Broach Drill sales in 2025, providing a comprehensive analysis by region and market sector of projected Magnetic Core Broach Drill sales for 2026 through 2032. With Magnetic Core Broach Drill sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnetic Core Broach Drill industry.
This Insight Report provides a comprehensive analysis of the global Magnetic Core Broach Drill 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 Magnetic Core Broach Drill portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Magnetic Core Broach Drill market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetic Core Broach Drill 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 Magnetic Core Broach Drill.
This report presents a comprehensive overview, market shares, and growth opportunities of Magnetic Core Broach Drill market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
350 Rpm
600 Rpm
Others
Segmentation by Hole Depth:
25mm
50mm
100mm
Segmentation by Power:
700W
1000W
2000W
Others
Segmentation by Application:
Construction
Metalworking
Shipbuilding & Repair
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.
Scantool
Ralli Wolf
DeWALT
Hougen
Milwaukee
Makita
BDS Machines
Schifler
Euroboor
AGP
FEIN
Eibenstock Positron
ELMAG Maschinen
Bosch
RUKO
OSL Cutting Technologies
Champion
Stürmer
Nitto
Karnasch Tools
Key Questions Addressed in this Report
What is the 10-year outlook for the global Magnetic Core Broach Drill market?
What factors are driving Magnetic Core Broach Drill market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnetic Core Broach Drill market opportunities vary by end market size?
How does Magnetic Core Broach Drill break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
In 2025, global sales of magnetic core broach drills were approximately 485,000 units, with an average price of about $880 per unit; the typical gross margin at the manufacturing end was about 18%–26%. Magnetic core broach drills are a type of portable or benchtop metal drilling equipment. The core is fixed by a powerful electromagnetic base and is equipped with a core bit (annular cutter) for quickly drilling holes in steel plates and structural components. Common general parameters include: maximum bore diameter (commonly 12–150 mm, larger sizes available), maximum bore depth (typically 25–150 mm and above), main machine power (ranging from 700 W to 2,000+ W), no-load speed range (approximately 200–2,000 rpm, with multiple speed settings), magnetic force (typical magnetic force 5,000–25,000 N, used to ensure the drill press is fixed on vertical/inclined steel surfaces), and spindle interface (M16/19.05 mm or 3/4"). The specifications include bore diameter, cooling method (internal/external cooling/circulating cooling), safety features (magnetic detection, limit switch, thermal protection, clutch anti-jamming function), and accessories (guide frame, chip disc, gearbox, gear grinder, etc.). The market offers both lightweight models (lower prices) for construction/steel structure installation and heavy-duty models for in-plant production (more powerful, equipped with automatic feed and CNC interface). Prices and configurations vary significantly (many models are available online and from professional dealers, with retail prices ranging from hundreds to thousands of US dollars). Upstream components mainly include motors and electronic controls (motors, gearboxes), magnets and iron cores, aluminum/cast iron bodies, gears/guide rails and hollow drill bits (high alloy steel/carbide tools), as well as power supplies and safety sensors; downstream components include professional construction service providers and equipment rental companies in building construction, oil and gas pipeline installation, steel structure manufacturing, shipbuilding and repair, electromechanical installation and maintenance, etc.
The magnetic core broach drill market is experiencing steady growth and structural upgrades: First, industrial automation and construction efficiency are driving increased demand for high-performance models (advanced models with automatic feed, variable frequency speed control, electronic magnetic force monitoring, and remote diagnostics are favored by large contractors and equipment rental companies); second, the rigid demand for portable, strong magnetic, and durable models in steel structures, shipbuilding, wind turbine tower installation, and pipeline engineering is steadily increasing, driving up the proportion of mid-to-high-end products; third, e-commerce and globalized parts supply have lowered the prices of low-end/disposable replacement parts, prompting manufacturers to maintain gross profit through value-added services (warranty, on-site repair, integrated tool kits); fourth, fluctuations in raw material (copper for motors, rare earth/magnetic materials, castings) and transportation costs will put cyclical pressure on costs, forcing manufacturers to optimize material formulations and production automation to protect gross profit margins. Regionally, the Asia-Pacific region (including China and India) will continue to expand its market share with its cost and production capacity advantages, while the North American and European markets have higher requirements for reliability and compliance (safety standards, rental company acceptance), which is beneficial for high-end brand pricing. The overall market is expanding towards intelligent, modular tooling systems and equipment rental/after-sales services.
LP Information, Inc. (LPI) ' newest research report, the “Magnetic Core Broach Drill Industry Forecast” looks at past sales and reviews total world Magnetic Core Broach Drill sales in 2025, providing a comprehensive analysis by region and market sector of projected Magnetic Core Broach Drill sales for 2026 through 2032. With Magnetic Core Broach Drill sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Magnetic Core Broach Drill industry.
This Insight Report provides a comprehensive analysis of the global Magnetic Core Broach Drill 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 Magnetic Core Broach Drill portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Magnetic Core Broach Drill market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Magnetic Core Broach Drill 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 Magnetic Core Broach Drill.
This report presents a comprehensive overview, market shares, and growth opportunities of Magnetic Core Broach Drill market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
350 Rpm
600 Rpm
Others
Segmentation by Hole Depth:
25mm
50mm
100mm
Segmentation by Power:
700W
1000W
2000W
Others
Segmentation by Application:
Construction
Metalworking
Shipbuilding & Repair
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.
Scantool
Ralli Wolf
DeWALT
Hougen
Milwaukee
Makita
BDS Machines
Schifler
Euroboor
AGP
FEIN
Eibenstock Positron
ELMAG Maschinen
Bosch
RUKO
OSL Cutting Technologies
Champion
Stürmer
Nitto
Karnasch Tools
Key Questions Addressed in this Report
What is the 10-year outlook for the global Magnetic Core Broach Drill market?
What factors are driving Magnetic Core Broach Drill market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Magnetic Core Broach Drill market opportunities vary by end market size?
How does Magnetic Core Broach Drill break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.
Table of Contents
140 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 Magnetic Core Broach Drill 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 Magnetic Core Broach Drill by Geographic Region
- 13 Key Players Analysis
- 14 Research Findings and Conclusion
Pricing
Currency Rates
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