Welding fume extraction equipment market
DUBLIN, April 11, 2024 (Globe Newswire) — “Welding Fume Extractors – Global Strategic Business Report'' added. ResearchAndMarkets.com Recruitment.
The global market for welding fume extraction equipment, estimated at USD 4.3 billion in 2023, is projected to reach a revised size of USD 6.3 billion by 2030, growing by 4.9% over the analysis period 2023-2030. growing at a CAGR of
The mobile unit, one of the segments analyzed in the report, is expected to register a CAGR of 4.9% and reach USD 2.8 billion by the end of the analyzed period. The growth rate of the stationary unit sector is estimated to be 4.3% CAGR over the next eight years.
The US welding fume extraction equipment market is estimated to be USD 1.1 billion in 2023. China, the world's second largest economy, is predicted to have a market size of USD 1.3 billion by 2030, with a CAGR of 5.9%. Over the analysis period 2023-2030.
Other notable geographic markets include Japan and Canada, which are expected to grow by 3.7% and 4.8%, respectively, from 2023 to 2030. Among Europe, Germany is projected to grow at a CAGR of approximately 3.6%.
Key market trends and drivers
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Robust outlook for welding machines provides foundation for market growth
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Health risks and strict occupational safety regulations spur adoption
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Adoption of laser welding board wells to expand the introduction of welding fume extraction equipment
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Laser welding is a rapidly emerging trend in production
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Although effective, laser welding releases harmful fumes and requires the use of welding fume extraction equipment.
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The increasing adoption of automated robotic operation systems has increased the need for welding fume extraction equipment
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Focus on automation increases investment in robotic welding
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Robotic welding produces harmful fumes and dust
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Robotic fume extraction grows in popularity
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The use of plasma increases the threat of toxic gases, increasing the demand for welding fume extraction equipment
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Technological advances and innovations contribute to market growth
This report includes profiles of 34 notable companies. Companies included in the report include:
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Parker Hannifin Corporation
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Fumex Co., Ltd.
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AAF International (American Air Filter)
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air quality engineering
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Lasermet Co., Ltd.
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Sentry Air Systems Co., Ltd.
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Nedermann Holding AB
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Primovent Group BV
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Industrial Maid LLC
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Techflow Enterprises Pvt, Ltd.
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Air Systems International Co., Ltd.
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Air Impurities Removal Systems, Inc.
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AR Filtrazioni Srl
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KITECH (Korea Institute of Industrial Technology)
Key attributes:
report attributes |
detail |
number of pages |
384 |
Forecast period |
2023-2030 |
Estimated market value in 2023 (USD) |
$4.3 billion |
Projected market value to 2030 (USD) |
$6.3 billion |
compound annual growth rate |
5.6% |
Target area |
global |
Main topics covered:
I. Methodology
II. Executive Summary
1. Market overview
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Welding Fume Extractor – Market Share Percentage of Global Major Competitors in 2023 (E)
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Competitive Market Presence – Strong/Active/Niche/Mediocre (E) for Players Worldwide in 2023
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World economic outlook
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Welding fume extraction equipment: definition, scope, importance, benefits and applications
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Recent market activity
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innovation
2. Focus on selected players
3. Market trends and drivers
4. Global market perspective
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America
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Canada
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Japan
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China
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Europe
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France
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Germany
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Italy
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England
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Spain
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Russia
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rest of europe
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Asia Pacific
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Australia
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India
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South Korea
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Rest of Asia Pacific
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latin america
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Argentina
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Brazil
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Mexico
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rest of latin america
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middle east
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Iran
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Israel
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Saudi Arabia
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United Arab Emirates
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rest of the middle east
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Africa
IV. Competition
For more information on this report, please visit https://www.researchandmarkets.com/r/e669w7.
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