Market Overview:
The global magnetic bulk parts lifter market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for heavy-duty and light-duty magnetic bulk parts lifters across various applications, such as residential and commercial. Additionally, the growing demand for electric vehicles is also propelling the growth of this market. However, fluctuations in raw material prices may hamper the growth of this market to some extent during the forecast period. On the basis of type, the global magnetic bulk parts lifter market can be segmented into heavy-duty and light-duty segments. The heavy-duty segment is expected to account for a larger share of this market during the forecast period owing to its ability to lift heavier loads as compared with light-duty magnetic bulk parts lifters. On t he basis o f application , t he c omm ercial segm ent i s ex pected t o ac count fo r a larger share o f thi s ma rket du e t o th e increasin g dem an d fo r mag net ic bul k part s li ft ers in commercia l appl ications .
Product Definition:
A magnetic bulk parts lifter is a device that uses magnets to lift and move heavy objects. The importance of a magnetic bulk parts lifter is that it can safely and efficiently lift and move heavy objects without causing any damage to the object or the person lifting it.
Heavy Duty:
Heavy-duty (HD) is a type of material handling equipment used to lift and transport heavy loads over short distances. HD systems are designed for applications that require frequent lifting of large, unwieldy or fragile items such as engine blocks, transmission components, automobile frames and other similar sized parts.
The global magnetic bulk parts lifter market size was valued at USD 1.5 billion in 2016.
Light Duty:
Light duty is a general purpose lifting device used in various industries such as automotive, food & beverage, machine tooling and semiconductor. It can be used for vertical or horizontal movement of bulk parts. The product has low weight to strength ratio which makes it ideal for use in applications where high force is not required on the part being lifted.
The magnetic bulk parts lifter market size was valued at USD 1,849.1 million in 2016.
Application Insights:
The demand for the product in the residential sector accounted for a volume share of over 60% in 2017. The growth can be attributed to increasing number of refurbishment and new construction activities across various regions, including North America and Europe. In addition, growing preference towards magnetic lifters due to their ability to provide effortless lifting experience is expected to drive the segment further.
The commercial application segment is projected expand at a CAGR of XX% from 2018 to 2030 owing to rising demand from automotive manufacturers as well as other industrial facilities that require heavy-duty magnetic lifters with high capacity magnets for handling large parts efficiently and quickly.
Regional Analysis:
North America dominated the global market in 2017. The growth of the region can be attributed to increasing construction activities and growing demand for consumer electronics. Moreover, rising number of healthcare facilities is expected to drive product demand in U.S., thereby boosting regional revenue share over the forecast period.
Asia Pacific is estimated to witness significant growth over the coming years owing to rapid development taking place in India and China on account of favorable government initiatives such as “Make In India†campaign and “One Belt One Road†initiative undertaken by Chinese government for improving trade connectivity within Asia as well as with rest of world through road infrastructure projects which include building rail links, ports etc.). This will boost industrialization leading to increased requirement for bulk parts lifters from various industries including automotive, aerospace & defense, marine etc., thus driving regional market growth over the forecast period.
Growth Factors:
- Increasing demand for bulk materials handling in various industries
- Growing awareness about the benefits of using magnetic bulk parts lifters
- Rising investments in manufacturing and infrastructure sectors
- Technological advancements in material handling equipment industry
- Growing trend of automation across different industrial sectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Magnetic Bulk Parts Lifter Market Research Report
By Type
Heavy Duty, Light Duty
By Application
Residential, Commercia
By Companies
Master Magnetics, ALL Magnetics, Armstrong Magnetics, Zhejiang Lishuai Magnetics, Ningbo Magnetics Factory, Hangseng(Ningbo) Magnetech, Magengine, Bestec Magnetic Industrial, Master Magnetics
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
144
Number of Tables & Figures
101
Customization Available
Yes, the report can be customized as per your need.
Global Magnetic Bulk Parts Lifter Market Report Segments:
The global Magnetic Bulk Parts Lifter market is segmented on the basis of:
Types
Heavy Duty, Light Duty
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercia
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Master Magnetics
- ALL Magnetics
- Armstrong Magnetics
- Zhejiang Lishuai Magnetics
- Ningbo Magnetics Factory
- Hangseng(Ningbo) Magnetech
- Magengine
- Bestec Magnetic Industrial
- Master Magnetics
Highlights of The Magnetic Bulk Parts Lifter Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Heavy Duty
- Light Duty
- By Application:
- Residential
- Commercia
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Magnetic Bulk Parts Lifter Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Magnetic Bulk Parts Lifter is a machine that uses magnets to lift and move heavy objects. This type of machine is often used in factories and other industrial settings to move large pieces of metal or other materials.
Some of the major players in the magnetic bulk parts lifter market are Master Magnetics, ALL Magnetics, Armstrong Magnetics, Zhejiang Lishuai Magnetics, Ningbo Magnetics Factory, Hangseng(Ningbo) Magnetech, Magengine, Bestec Magnetic Industrial, Master Magnetics.
The magnetic bulk parts lifter market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Magnetic Bulk Parts Lifter Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Magnetic Bulk Parts Lifter Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Magnetic Bulk Parts Lifter Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Magnetic Bulk Parts Lifter Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Magnetic Bulk Parts Lifter Market Size & Forecast, 2018-2028
4.5.1 Magnetic Bulk Parts Lifter Market Size and Y-o-Y Growth
4.5.2 Magnetic Bulk Parts Lifter Market Absolute $ Opportunity
Chapter 5 Global Magnetic Bulk Parts Lifter Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Magnetic Bulk Parts Lifter Market Size Forecast by Type
5.2.1 Heavy Duty
5.2.2 Light Duty
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Magnetic Bulk Parts Lifter Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Magnetic Bulk Parts Lifter Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercia
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Magnetic Bulk Parts Lifter Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Magnetic Bulk Parts Lifter Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Magnetic Bulk Parts Lifter Analysis and Forecast
9.1 Introduction
9.2 North America Magnetic Bulk Parts Lifter Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Magnetic Bulk Parts Lifter Market Size Forecast by Type
9.6.1 Heavy Duty
9.6.2 Light Duty
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Magnetic Bulk Parts Lifter Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercia
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Magnetic Bulk Parts Lifter Analysis and Forecast
10.1 Introduction
10.2 Europe Magnetic Bulk Parts Lifter Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Magnetic Bulk Parts Lifter Market Size Forecast by Type
10.6.1 Heavy Duty
10.6.2 Light Duty
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Magnetic Bulk Parts Lifter Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercia
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Magnetic Bulk Parts Lifter Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Magnetic Bulk Parts Lifter Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Magnetic Bulk Parts Lifter Market Size Forecast by Type
11.6.1 Heavy Duty
11.6.2 Light Duty
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Magnetic Bulk Parts Lifter Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercia
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Magnetic Bulk Parts Lifter Analysis and Forecast
12.1 Introduction
12.2 Latin America Magnetic Bulk Parts Lifter Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Magnetic Bulk Parts Lifter Market Size Forecast by Type
12.6.1 Heavy Duty
12.6.2 Light Duty
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Magnetic Bulk Parts Lifter Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercia
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Magnetic Bulk Parts Lifter Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Magnetic Bulk Parts Lifter Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Magnetic Bulk Parts Lifter Market Size Forecast by Type
13.6.1 Heavy Duty
13.6.2 Light Duty
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Magnetic Bulk Parts Lifter Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercia
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Magnetic Bulk Parts Lifter Market: Competitive Dashboard
14.2 Global Magnetic Bulk Parts Lifter Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Master Magnetics
14.3.2 ALL Magnetics
14.3.3 Armstrong Magnetics
14.3.4 Zhejiang Lishuai Magnetics
14.3.5 Ningbo Magnetics Factory
14.3.6 Hangseng(Ningbo) Magnetech
14.3.7 Magengine
14.3.8 Bestec Magnetic Industrial
14.3.9 Master Magnetics
