Global Scrap Handling Lifting Magnets Market Growth 2025-2031

The global Scrap Handling Lifting Magnets market size is predicted to grow from US$ million in 2025 to US$ million in 2031; it is expected to grow at a CAGR of %from 2025 to 2031.

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.

United States market for Scrap Handling Lifting 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 Scrap Handling Lifting 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 Scrap Handling Lifting 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 Scrap Handling Lifting 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 “Scrap Handling Lifting Magnets Industry Forecast” looks at past sales and reviews total world Scrap Handling Lifting Magnets sales in 2024, providing a comprehensive analysis by region and market sector of projected Scrap Handling Lifting Magnets sales for 2025 through 2031. With Scrap Handling 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 Handling Lifting Magnets industry.

This Insight Report provides a comprehensive analysis of the global Scrap Handling 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 Handling 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 Handling Lifting Magnets market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Scrap Handling 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 Handling Lifting Magnets.

This report presents a comprehensive overview, market shares, and growth opportunities of Scrap Handling Lifting 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 Scrap Handling Lifting Magnets market?

What factors are driving Scrap Handling Lifting Magnets market growth, globally and by region?

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

How do Scrap Handling Lifting Magnets market opportunities vary by end market size?

How does Scrap Handling Lifting Magnets break out by Type, by Application?

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