According to our (Global Info Research) latest study, the global Magnetic Pick-Up Tool market size was valued at US$ million in 2024 and is forecast to a readjusted size of USD million by 2031 with a CAGR of %during review period.
The magnetic pick-up tool market was experiencing steady growth. Magnetic pick-up tools are widely used in various industries and applications, including automotive, construction, manufacturing, and DIY projects.
The market for magnetic pick-up tools is driven by several factors:
Increase in industrial activities: The growing industrial sector, especially in developing countries, has led to an increased demand for tools and equipment, including magnetic pick-up tools.
Automotive industry growth: The automotive industry relies heavily on magnetic pick-up tools for retrieving small metal objects like screws, nuts, and bolts that may fall into hard-to-reach areas.
DIY trend: There has been a rising trend in do-it-yourself (DIY) projects, which has contributed to the demand for magnetic pick-up tools among hobbyists and home improvement enthusiasts.
Advancements in technology: The development of advanced magnetic materials and improved designs has enhanced the performance and functionality of magnetic pick-up tools, further driving their market growth.
E-commerce expansion: The rise of e-commerce platforms has made it easier for consumers to access a wide range of magnetic pick-up tools from various manufacturers and suppliers, boosting market growth.
This report is a detailed and comprehensive analysis for global Magnetic Pick-Up Tool market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Magnetic Pick-Up Tool market size and forecasts, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Magnetic Pick-Up Tool market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Magnetic Pick-Up Tool market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K Units), and average selling prices (US$/Unit), 2020-2031
Global Magnetic Pick-Up Tool market shares of main players, shipments in revenue ($ Million), sales quantity (K Units), and ASP (US$/Unit), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Magnetic Pick-Up Tool
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Magnetic Pick-Up Tool market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Ullman Devices, Unior, ROTAR GROUP, Lisle Corporation, Matco, Permanent Magnets, Spear and Jackson Group, HAZET, Motion Pro, Bahco, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Magnetic Pick-Up Tool market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Long Rod Type Magnetic Pick-Up Tool
Telescopic Magnetic Pick-Up Tool
Market segment by Application
Automotive
Chemical
Others
Major players covered
Ullman Devices
Unior
ROTAR GROUP
Lisle Corporation
Matco
Permanent Magnets
Spear and Jackson Group
HAZET
Motion Pro
Bahco
DK Tools
Hoffmann
Stanley
Xiangriwujin
Market segment by region, regional analysis covers
North America (United States, Canada, and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Magnetic Pick-Up Tool product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Magnetic Pick-Up Tool, with price, sales quantity, revenue, and global market share of Magnetic Pick-Up Tool from 2020 to 2025.
Chapter 3, the Magnetic Pick-Up Tool competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Magnetic Pick-Up Tool breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2020 to 2025.and Magnetic Pick-Up Tool market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Magnetic Pick-Up Tool.
Chapter 14 and 15, to describe Magnetic Pick-Up Tool sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Magnetic Pick-Up Tool. Industry analysis & Market Report on Magnetic Pick-Up Tool is a syndicated market report, published as Global Magnetic Pick-Up Tool Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031. It is complete Research Study and Industry Analysis of Magnetic Pick-Up Tool market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.