Hydraulic magnetic drills are mainly used in marine and mining applications, construction, and industrial. These drills can cut metals and structural steel even underwater. Hydraulic motors are safe for underwater usage. These motors are manually operated permanent magnet with notch control. Continuous advancement in technology is anticipated to play critical role in providing future opportunities to this market.

Market Dynamics

High usage of hydraulic magnetic drills are ideal for mining, marine, construction and industrial applications are highly driving growth of this market. Drill operational steel and other metals are expected to impede growth of this market. With advancement in technology and high acceptance of automatic lubrication are expected to boost the growth of this market.

Market Classification

The market can be bifurcated on the basis of therapy products, clinics and geography. By product, hydraulic magnetic drills market can be segmented into 0-50mm, 50-80mm and more than 80mm. By end user, hydraulic magnetic drills market can be segmented into general industry, infrastructure industry, construction industry and others. On the basis of geography, the hydraulic magnetic drills market can be segmented into North America, Latin America, Europe, Middle East & Africa (MEA) and Asia-Pacific.

Report Coverage

Market Participants

Some of the major players involved in hydraulic magnetic drills market include

• CS Unitec
• Evolution Power Tools
• Hougen
• Milwaukee
• Metabo
• Champion
• Steelmax
• DEWALT
• FASTENAL
• PROMOTECH
• C. & E. Fein GmbH
• Rotabroach and G & J HALL TOOLS
• Others

Market Segmentation

Market By Product

• 0-50mm
• 50-80mm
• More than 80mm

Market By End User

• General Industry
• Infrastructure Industry
• Construction Industry
• Others

Market By Geography

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • UK
  • France
  • Germany
  • Rest of Europe
• Asia-Pacific
  • China
  • Japan
  • India
  • Australia
  • Rest of Asia-Pacific
• Latin America
  • Brazil
  • Chile
  • Rest of LATAM
• Middle East and Africa (MEA)
  • South Africa
  • Saudi Arabia
  • Rest of MEA