Scrap Lifting Magnets Sales

Scrap Lifting Magnets Sales Market Outlook

The global scrap lifting magnets market is anticipated to reach approximately USD 1.2 billion by 2035, growing at a compound annual growth rate (CAGR) of around 5.3% during the forecast period from 2025 to 2035. This growth is primarily attributed to the increasing demand for efficient metal recycling processes, which are essential for sustainable industrial practices. Furthermore, the rise in construction and manufacturing activities, combined with the rapid growth in the automotive and electronics sectors, is significantly boosting the requirement for advanced lifting solutions. The need for effective material handling solutions that improve safety standards and operational efficiency is also propelling the market. All these factors collectively contribute to the robust expansion of the market, leading to enhanced adoption of scrap lifting magnets across various industries.

Growth Factor of the Market

Several growth factors are influencing the scrap lifting magnets market significantly. The increasing focus on recycling and sustainable practices among industries is driving the demand for scrap lifting magnets, as these devices are crucial in handling ferrous materials efficiently. Additionally, the rapid growth of the construction and manufacturing sectors is creating a substantial demand for heavy lifting equipment, including magnets that can handle large volumes of scrap. The implementation of stringent regulations on waste management and recycling is also pushing industries to adopt better material handling solutions. Moreover, technological advancements in magnet design and manufacturing are leading to the development of more effective and reliable lifting solutions, enhancing their performance. All these factors are expected to contribute to a robust market growth trajectory in the coming years.

Key Highlights of the Market

• The global scrap lifting magnets market is projected to reach USD 1.2 billion by 2035.
• The market is expected to grow at a CAGR of 5.3% from 2025 to 2035.
• Increasing industrial activities and recycling initiatives are driving market demand.
• Technological advancements are leading to the introduction of efficient and reliable lifting solutions.
• Key applications include metal scrap recycling, construction, and manufacturing sectors.

By Product Type

Permanent Magnets:

Permanent magnets are widely utilized in the scrap lifting magnets market due to their simple operation and reliability. These magnets do not require an external power source, making them highly efficient and cost-effective for various applications. They are particularly advantageous in environments where continuous lifting operations are required, as they provide a consistent magnetic field. The durability of permanent magnets also contributes to their long service life, reducing the need for frequent replacements. As a result, they are extensively employed in metal recycling facilities and construction sites, where heavy ferrous materials require regular handling. The growing trend towards automation and efficiency is further driving the demand for permanent magnets in lifting applications.

Electromagnetic Magnets:

Electromagnetic magnets are another prominent type in the scrap lifting market, known for their versatility and strength. Unlike permanent magnets, these require an electrical power source to generate a magnetic field, which allows for better control over the lifting process. This feature is particularly beneficial in applications where the precise handling of materials is crucial. Electromagnetic magnets can easily switch between on and off states, making them suitable for operations that require frequent loading and unloading of ferrous materials. As industries increasingly adopt automation technologies, the demand for electromagnetic magnets is expected to grow, particularly in sectors like metal recycling and manufacturing, where rapid lifting and placement of materials are essential.

Battery Operated Magnets:

Battery-operated magnets have gained popularity due to their portability and convenience. These magnets operate independently of a power grid, making them suitable for remote locations or applications where access to electricity is limited. The advancements in battery technology have led to the development of powerful battery-operated magnets that can handle substantial loads, making them ideal for various industrial applications. Their ease of use and flexibility in deployment enhance their appeal among operators who require a mobile lifting solution. The growth of the construction and demolition sectors is expected to further drive the adoption of battery-operated magnets, as they can be used in temporary setups without relying on external power sources.

Hydraulic Magnets:

Hydraulic magnets are distinguished by their robust lifting capabilities, powered by hydraulic systems. These magnets are particularly effective in heavy-duty applications, where they can lift extremely heavy ferrous materials effortlessly. The hydraulic mechanism allows for precise control over the lifting process, which is essential in applications such as metal recycling and heavy machinery handling. Their ability to operate in harsh environments while maintaining a high lifting capacity makes hydraulic magnets a preferred choice among industries. As the demand for heavy lifting solutions continues to rise, hydraulic magnets are expected to see significant growth in their adoption across various sectors, particularly those requiring robust material handling solutions.

Pneumatic Magnets:

Pneumatic magnets utilize compressed air to generate a magnetic field and are characterized by their lightweight and simple design. These magnets are known for their rapid switching capabilities, allowing for quick engagement and disengagement of the magnetic field, which is advantageous in fast-paced manufacturing environments. They are particularly useful in applications involving lightweight ferrous materials or where fast handling is required. The increasing automation in industries such as construction and manufacturing is likely to enhance the demand for pneumatic magnets, as they can easily integrate into existing systems, providing a seamless solution for material handling needs. Their flexibility and efficiency make them a viable option for various industrial applications.

By Application

Metal Scrap Recycling:

The metal scrap recycling sector is one of the largest applications for scrap lifting magnets, driven by the increasing global emphasis on recycling and waste management. These magnets are essential for efficiently transporting and sorting ferrous materials within recycling facilities. Their ability to handle heavy and bulky scrap metal makes them invaluable in this application. As more companies focus on sustainability and minimizing waste, the demand for effective scrap lifting solutions is expected to grow. The continuous influx of scrap materials in urban areas, coupled with advancements in recycling technologies, is likely to boost the adoption of scrap lifting magnets in recycling operations.

Construction:

In the construction industry, scrap lifting magnets play a crucial role in handling steel and other ferrous materials efficiently. These magnets are commonly used to lift rebar, steel sheets, and other heavy metal components essential for construction projects. Their ability to operate in challenging environments, combined with their strength and reliability, makes them an integral part of construction operations. As construction activities increase globally, particularly in emerging markets, the demand for scrap lifting magnets is expected to surge. The growing trend of prefabricated construction also requires effective lifting solutions that can handle heavy materials with precision, further driving the market.

Manufacturing:

Manufacturing facilities often require efficient material handling solutions to streamline their operations. Scrap lifting magnets are widely used in this sector for moving ferrous materials throughout production lines. Their robustness and effectiveness in lifting and relocating materials help improve operational efficiency and reduce manual handling risks. The increasing automation in manufacturing processes is also propelling the adoption of these magnets, as they integrate seamlessly with conveyor systems and robotic applications. As the manufacturing sector continues to expand, particularly in regions such as Asia Pacific, the demand for scrap lifting magnets is expected to rise significantly.

Warehousing:

In warehousing operations, scrap lifting magnets are utilized to enhance the efficiency of material handling processes. These magnets enable the quick and safe lifting of ferrous materials, reducing the need for manual labor and minimizing the risk of injury. The growing trend of automated warehousing solutions, with increased reliance on technology for inventory management, is contributing to the demand for advanced lifting equipment, including magnets. Additionally, the rise of e-commerce has led to the expansion of warehousing facilities, further bolstering the market for scrap lifting magnets. As warehouses seek to optimize their operations and reduce downtime, the adoption of these lifting solutions is expected to accelerate.

Mining:

In the mining sector, scrap lifting magnets are employed for the efficient handling of ferrous materials, particularly during the extraction and transportation processes. These magnets are crucial for lifting and sorting materials quickly, which is essential in an industry that operates in challenging environments. The ability of scrap lifting magnets to handle large volumes of materials with reliability is essential for optimizing operational efficiency in mining operations. As the demand for minerals and metals continues to grow worldwide, particularly with the rise of renewable energy technologies, the need for effective material handling solutions, including scrap lifting magnets, is expected to increase significantly.

By Distribution Channel

Direct Sales:

Direct sales comprise a significant segment of the distribution channels for scrap lifting magnets. In this model, manufacturers sell their products directly to end-users, which allows for better communication and understanding of specific customer needs. Direct sales often lead to stronger relationships between manufacturers and clients, facilitating tailored solutions that meet individual requirements. Additionally, this approach enables manufacturers to provide comprehensive customer support and service, enhancing customer satisfaction. As industries increasingly seek specialized lifting solutions, the direct sales model is expected to remain a prevalent distribution channel in the scrap lifting magnets market.

Distributors:

Distributors play a crucial role in the scrap lifting magnets market by acting as intermediaries between manufacturers and end-users. These entities specialize in handling a range of lifting equipment and often have established networks that make product distribution more efficient. Distributors not only provide access to a broader market but also offer valuable insights into local industry trends and customer preferences. The use of distributors allows manufacturers to expand their reach without incurring the costs associated with direct sales operations in various regions. As the market continues to grow, the significance of distributors in facilitating access to scrap lifting magnets is expected to increase.

Online Retail:

Online retail is becoming an increasingly important distribution channel for scrap lifting magnets, particularly as e-commerce continues to gain traction across industries. This channel provides customers with the convenience of browsing and purchasing products from anywhere, facilitating easy access to a wide range of lifting solutions. Online platforms often provide detailed product information, reviews, and comparison tools that help buyers make informed decisions. Additionally, the increase in digital marketing strategies is helping manufacturers and distributors reach targeted audiences more effectively. As the online retail landscape expands, the demand for scrap lifting magnets through this channel is expected to grow significantly.

By Lifting Capacity

Up to 1 ton:

Magnets with a lifting capacity of up to 1 ton are particularly popular in small-scale operations and facilities that handle lightweight ferrous materials. These magnets are commonly used in workshops, small recycling businesses, and construction sites where the lifting of smaller metal components is frequent. Their portability and ease of use make them an ideal choice for applications requiring flexibility and efficiency. The growing number of small enterprises engaged in recycling and manufacturing activities is expected to drive the demand for these smaller capacity magnets significantly. As sustainability practices become more widespread, the adoption of lightweight lifting solutions is anticipated to increase.

1-5 tons:

Magnets with a lifting capacity of 1-5 tons find extensive applications in medium-sized operations, particularly in recycling plants and manufacturing units. These magnets provide a balance between power and maneuverability, allowing users to handle a variety of ferrous materials efficiently. Their versatility makes them suitable for numerous applications, including scrap metals, steel sheets, and other manufacturing components. As industries continue to expand their recycling efforts and seek to optimize their processes, the demand for 1-5 ton lifting capacity magnets is expected to grow. The continuous development of innovative designs and technologies is likely to enhance the effectiveness of these magnets further.

5-10 tons:

The 5-10 ton lifting capacity magnets are designed for heavy-duty applications, making them highly sought after in industries that require robust lifting solutions. These magnets are commonly used in large recycling facilities, construction sites, and manufacturing operations where the handling of substantial ferrous materials is necessary. Their ability to handle significant loads with precision contributes to greater operational efficiency and safety. As the demand for recycling and processing heavier materials increases, especially in sectors like construction and demolition, the adoption of 5-10 ton lifting capacity magnets is expected to rise markedly.

10-20 tons:

Magnets with a lifting capacity of 10-20 tons are critical in industries requiring the movement and handling of extremely heavy materials. These magnets are ideal for large-scale operations such as heavy metal recycling, shipbuilding, and large construction projects. Their capacity to lift large volumes of ferrous materials efficiently allows for streamlined workflows and increased productivity. As infrastructure projects continue to develop globally, the demand for heavy-duty lifting solutions is expected to grow, further increasing the need for 10-20 ton lifting capacity magnets. The ongoing trend toward larger construction projects and industrial operations will likely drive this segment of the market.

Above 20 tons:

Above 20-ton lifting capacity magnets are engineered for the most challenging and demanding applications in industries such as shipbuilding, heavy machinery manufacturing, and large-scale metal recycling. These magnets are designed to operate in extreme environments, where they can lift massive loads with precision and control. The rise in megaprojects and large-scale industrial operations around the world is significantly boosting the demand for these high-capacity lifting magnets. As companies seek more efficient and powerful solutions for heavy lifting, the market for magnets with over 20 tons of capacity is expected to expand, driven by continuous advancements in technology and engineering.

By Region

The North American region holds a significant share of the scrap lifting magnets market, largely due to the presence of a well-established manufacturing base and a strong emphasis on recycling and sustainability. The U.S. and Canada are leading consumers of scrap lifting magnets, driven by the growth of industries such as construction, metal recycling, and manufacturing. The market in this region is projected to grow at a CAGR of around 5.1% during the forecast period, supported by increasing investments in infrastructure development and stringent waste management regulations. Moreover, the rise in automation across various sectors further propels the demand for advanced lifting solutions, thereby enhancing market growth.

In the Asia Pacific region, the scrap lifting magnets market is expected to witness remarkable growth, fueled by rapid industrialization and urbanization. Countries like China and India are significant contributors to this growth due to their expanding manufacturing and construction sectors. The market in this region is projected to grow at the highest CAGR of approximately 6.2% from 2025 to 2035, as more companies adopt modern lifting solutions to improve operational efficiency. Additionally, the increasing focus on recycling initiatives in these emerging economies is driving the demand for scrap lifting magnets. As industries continue to evolve and expand, the Asia Pacific region is poised for significant market growth.

Opportunities

The scrap lifting magnets market presents numerous opportunities for growth, particularly as industries continue to prioritize sustainability and efficient material handling solutions. One of the key opportunities lies in the rise of automation across various sectors, including manufacturing, construction, and recycling. As companies increasingly adopt automated systems for material handling, the demand for advanced lifting technologies, including scrap lifting magnets, is expected to surge. Manufacturers that innovate and develop cutting-edge lifting solutions that integrate seamlessly with automated systems will likely gain a competitive edge. Additionally, the expansion of urbanization and infrastructure development in emerging markets opens up new avenues for the adoption of scrap lifting magnets, as these regions seek efficient solutions to handle growing industrial activities.

Moreover, the increasing focus on technological advancements in magnet design and manufacturing processes presents another significant opportunity in the market. Innovations, such as the development of lighter and more efficient magnets, can enhance lifting capabilities and reduce energy consumption. Manufacturers that invest in research and development to create more effective and reliable lifting solutions will be well-positioned to meet the evolving demands of industries. Additionally, strategic collaborations and partnerships between manufacturers and end-users can lead to the development of customized lifting solutions tailored to specific applications. By leveraging these opportunities, stakeholders in the scrap lifting magnets market can drive growth and capitalize on the trends reshaping the industry.

Threats

Despite the promising growth outlook for the scrap lifting magnets market, there are several threats that could pose challenges to its expansion. One of the primary threats is the volatility of raw material prices, which can significantly impact production costs. Fluctuations in the prices of metals and other materials essential for manufacturing scrap lifting magnets can lead to increased production expenses, affecting profit margins for manufacturers. Additionally, the presence of low-cost alternatives and counterfeit products in the market can pose a significant threat to established manufacturers. As price competition intensifies, companies may find it challenging to maintain market share and profitability, necessitating a focus on product quality and differentiation to mitigate these threats.

Another significant threat to the scrap lifting magnets market is the potential for economic downturns or recessions, which could lead to reduced industrial activities and consequently lower demand for lifting solutions. Economic instability may result in decreased investments in infrastructure and manufacturing projects, directly impacting the consumption of scrap lifting magnets. Furthermore, the rising trend of automation and advancements in technology may also pose a threat to traditional lifting solutions, as companies may opt for more advanced and integrated options that could replace conventional magnets. As such, stakeholders must stay vigilant and adapt to changing market dynamics to navigate these threats and maintain competitiveness in the evolving landscape.

Competitor Outlook

• Eriez Manufacturing Co.
• Magnetool, Inc.
• Walker Magnetics Group, Inc.
• American Magnetics, Inc.
• HSMAG Magnetic Materials Co., Ltd.
• Vibra Finish Company
• Electromagnetic Solutions, Inc.
• Industrial Magnetics, Inc.
• Shenzhen Taimagnet Co., Ltd.
• Alliance LLC
• Wagner Magnete GmbH
• Yueqing Jiali Electric Co., Ltd.
• Magna-Power Electronics, Inc.
• RoboMagnet
• Goudsmit Magnetic Systems

The competitive landscape of the scrap lifting magnets market is characterized by the presence of numerous players, ranging from established manufacturers to new entrants striving to capture market share. Key players are focusing on product development and innovation to enhance their offerings and meet the evolving needs of various industries. This has led to increased competition, driving companies to invest in research and development to create advanced lifting solutions that improve efficiency and performance. Additionally, strategic partnerships and collaborations between manufacturers and distributors are becoming a common trend to expand market reach and enhance product distribution capabilities. With the rising demand for scrap lifting magnets across different sectors, the competition is expected to intensify further in the coming years.

Among the major players in the scrap lifting magnets market, Eriez Manufacturing Co. stands out with its extensive range of magnetic solutions. With a strong focus on innovation, Eriez continually invests in research and development to enhance its product offerings. The company is known for its high-quality electromagnetic and permanent magnets, which are widely used in various industries, including recycling, manufacturing, and construction. Additionally, Eriez has established a strong global presence, enabling it to cater to a diverse customer base across different regions. The company's commitment to quality and customer satisfaction has positioned it as a leader in the scrap lifting magnets market.

Walker Magnetics Group is another key player known for its comprehensive range of lifting magnets, including permanent and electromagnetic solutions. With decades of experience in the industry, Walker Magnetics has built a reputation for providing reliable and effective lifting solutions tailored to specific customer needs. The company focuses on delivering high-performance products that enhance operational efficiency while ensuring safety in material handling processes. Walker Magnetics is heavily invested in technological advancements to maintain its competitive edge and further expand its market presence.

• 1 Appendix

  • 1.1 List of Tables
  • 1.2 List of Figures

• 2 Introduction

  • 2.1 Market Definition
  • 2.2 Scope of the Report
  • 2.3 Study Assumptions
  • 2.4 Base Currency & Forecast Periods

• 3 Market Dynamics

  • 3.1 Market Growth Factors
  • 3.2 Economic & Global Events
  • 3.3 Innovation Trends
  • 3.4 Supply Chain Analysis

• 4 Consumer Behavior

  • 4.1 Market Trends
  • 4.2 Pricing Analysis
  • 4.3 Buyer Insights

• 5 Key Player Profiles

  • 5.1 RoboMagnet
    • 5.1.1 Business Overview
    • 5.1.2 Products & Services
    • 5.1.3 Financials
    • 5.1.4 Recent Developments
    • 5.1.5 SWOT Analysis
  • 5.2 Alliance LLC
    • 5.2.1 Business Overview
    • 5.2.2 Products & Services
    • 5.2.3 Financials
    • 5.2.4 Recent Developments
    • 5.2.5 SWOT Analysis
  • 5.3 Magnetool, Inc.
    • 5.3.1 Business Overview
    • 5.3.2 Products & Services
    • 5.3.3 Financials
    • 5.3.4 Recent Developments
    • 5.3.5 SWOT Analysis
  • 5.4 Wagner Magnete GmbH
    • 5.4.1 Business Overview
    • 5.4.2 Products & Services
    • 5.4.3 Financials
    • 5.4.4 Recent Developments
    • 5.4.5 SWOT Analysis
  • 5.5 Vibra Finish Company
    • 5.5.1 Business Overview
    • 5.5.2 Products & Services
    • 5.5.3 Financials
    • 5.5.4 Recent Developments
    • 5.5.5 SWOT Analysis
  • 5.6 Eriez Manufacturing Co.
    • 5.6.1 Business Overview
    • 5.6.2 Products & Services
    • 5.6.3 Financials
    • 5.6.4 Recent Developments
    • 5.6.5 SWOT Analysis
  • 5.7 American Magnetics, Inc.
    • 5.7.1 Business Overview
    • 5.7.2 Products & Services
    • 5.7.3 Financials
    • 5.7.4 Recent Developments
    • 5.7.5 SWOT Analysis
  • 5.8 Goudsmit Magnetic Systems
    • 5.8.1 Business Overview
    • 5.8.2 Products & Services
    • 5.8.3 Financials
    • 5.8.4 Recent Developments
    • 5.8.5 SWOT Analysis
  • 5.9 Industrial Magnetics, Inc.
    • 5.9.1 Business Overview
    • 5.9.2 Products & Services
    • 5.9.3 Financials
    • 5.9.4 Recent Developments
    • 5.9.5 SWOT Analysis
  • 5.10 Shenzhen Taimagnet Co., Ltd.
    • 5.10.1 Business Overview
    • 5.10.2 Products & Services
    • 5.10.3 Financials
    • 5.10.4 Recent Developments
    • 5.10.5 SWOT Analysis
  • 5.11 Walker Magnetics Group, Inc.
    • 5.11.1 Business Overview
    • 5.11.2 Products & Services
    • 5.11.3 Financials
    • 5.11.4 Recent Developments
    • 5.11.5 SWOT Analysis
  • 5.12 Magna-Power Electronics, Inc.
    • 5.12.1 Business Overview
    • 5.12.2 Products & Services
    • 5.12.3 Financials
    • 5.12.4 Recent Developments
    • 5.12.5 SWOT Analysis
  • 5.13 Electromagnetic Solutions, Inc.
    • 5.13.1 Business Overview
    • 5.13.2 Products & Services
    • 5.13.3 Financials
    • 5.13.4 Recent Developments
    • 5.13.5 SWOT Analysis
  • 5.14 Yueqing Jiali Electric Co., Ltd.
    • 5.14.1 Business Overview
    • 5.14.2 Products & Services
    • 5.14.3 Financials
    • 5.14.4 Recent Developments
    • 5.14.5 SWOT Analysis
  • 5.15 HSMAG Magnetic Materials Co., Ltd.
    • 5.15.1 Business Overview
    • 5.15.2 Products & Services
    • 5.15.3 Financials
    • 5.15.4 Recent Developments
    • 5.15.5 SWOT Analysis

• 6 Market Segmentation

  • 6.1 Scrap Lifting Magnets Sales Market, By Application
    • 6.1.1 Metal Scrap Recycling
    • 6.1.2 Construction
    • 6.1.3 Manufacturing
    • 6.1.4 Warehousing
    • 6.1.5 Mining
  • 6.2 Scrap Lifting Magnets Sales Market, By Product Type
    • 6.2.1 Permanent Magnets
    • 6.2.2 Electromagnetic Magnets
    • 6.2.3 Battery Operated Magnets
    • 6.2.4 Hydraulic Magnets
    • 6.2.5 Pneumatic Magnets
  • 6.3 Scrap Lifting Magnets Sales Market, By Lifting Capacity
    • 6.3.1 Up to 1 ton
    • 6.3.2 1-5 tons
    • 6.3.3 5-10 tons
    • 6.3.4 10-20 tons
    • 6.3.5 Above 20 tons
  • 6.4 Scrap Lifting Magnets Sales Market, By Distribution Channel
    • 6.4.1 Direct Sales
    • 6.4.2 Distributors
    • 6.4.3 Online Retail

• 7 Competitive Analysis

  • 7.1 Key Player Comparison
  • 7.2 Market Share Analysis
  • 7.3 Investment Trends
  • 7.4 SWOT Analysis

• 8 Research Methodology

  • 8.1 Analysis Design
  • 8.2 Research Phases
  • 8.3 Study Timeline

• 9 Future Market Outlook

  • 9.1 Growth Forecast
  • 9.2 Market Evolution

• 10 Geographical Overview

  • 10.1 Europe - Market Analysis
    • 10.1.1 By Country
      • 10.1.1.1 UK
      • 10.1.1.2 France
      • 10.1.1.3 Germany
      • 10.1.1.4 Spain
      • 10.1.1.5 Italy
  • 10.2 Asia Pacific - Market Analysis
    • 10.2.1 By Country
      • 10.2.1.1 India
      • 10.2.1.2 China
      • 10.2.1.3 Japan
      • 10.2.1.4 South Korea
  • 10.3 Latin America - Market Analysis
    • 10.3.1 By Country
      • 10.3.1.1 Brazil
      • 10.3.1.2 Argentina
      • 10.3.1.3 Mexico
  • 10.4 North America - Market Analysis
    • 10.4.1 By Country
      • 10.4.1.1 USA
      • 10.4.1.2 Canada
  • 10.5 Middle East & Africa - Market Analysis
    • 10.5.1 By Country
      • 10.5.1.1 Middle East
      • 10.5.1.2 Africa
  • 10.6 Scrap Lifting Magnets Sales Market by Region

• 11 Global Economic Factors

  • 11.1 Inflation Impact
  • 11.2 Trade Policies

• 12 Technology & Innovation

  • 12.1 Emerging Technologies
  • 12.2 AI & Digital Trends
  • 12.3 Patent Research

• 13 Investment & Market Growth

  • 13.1 Funding Trends
  • 13.2 Future Market Projections

• 14 Market Overview & Key Insights

  • 14.1 Executive Summary
  • 14.2 Key Trends
  • 14.3 Market Challenges
  • 14.4 Regulatory Landscape

Segments Analyzed in the Report

The global Scrap Lifting Magnets Sales market is categorized based on

By Product Type

• Permanent Magnets
• Electromagnetic Magnets
• Battery Operated Magnets
• Hydraulic Magnets
• Pneumatic Magnets

By Application

• Metal Scrap Recycling
• Construction
• Manufacturing
• Warehousing
• Mining

By Distribution Channel

• Direct Sales
• Distributors
• Online Retail

By Lifting Capacity

• Up to 1 ton
• 1-5 tons
• 5-10 tons
• 10-20 tons
• Above 20 tons

By Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

Key Players

• Eriez Manufacturing Co.
• Magnetool, Inc.
• Walker Magnetics Group, Inc.
• American Magnetics, Inc.
• HSMAG Magnetic Materials Co., Ltd.
• Vibra Finish Company
• Electromagnetic Solutions, Inc.
• Industrial Magnetics, Inc.
• Shenzhen Taimagnet Co., Ltd.
• Alliance LLC
• Wagner Magnete GmbH
• Yueqing Jiali Electric Co., Ltd.
• Magna-Power Electronics, Inc.
• RoboMagnet
• Goudsmit Magnetic Systems