DUBLIN, Feb. 19, 2024 /PRNewswire/ — The “Welding Fume Extraction Equipment – Global Strategic Business Report” report has been added to ResearchAndMarkets.com’s offering.
Global Welding Fume Extraction Equipment Market to Reach $6.3 Billion by 2030
The global market for Welding Fume Extraction Equipment estimated at US$4.1 Billion in the year 2022, is projected to reach a revised size of US$6.3 Billion by 2030, growing at a CAGR of 5.5% over the analysis period 2022-2030.
Mobile Units, one of the segments analyzed in the report, is projected to record 5.5% CAGR and reach US$2.8 Billion by the end of the analysis period. Growth in the Stationary Units segment is estimated at 4.9% CAGR for the next 8-year period.
The U.S. Market is Estimated at $1 Billion, While China is Forecast to Grow at 6.7% CAGR
The Welding Fume Extraction Equipment market in the U.S. is estimated at US$1 Billion in the year 2022. China, the world’s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2030 trailing a CAGR of 6.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.1% and 5.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4% CAGR.
What’s New?
Special discussions on the global economic climate and market sentiment
Coverage on global competitiveness and key competitor percentage market shares
Market presence analysis across multiple geographies – Strong/Active/Niche/Trivial
Online interactive peer-to-peer collaborative bespoke updates
Access to digital archives and trademarked research platform
Complimentary updates for one year
Access to curated YouTube video transcripts of market sentiments shared by CEOs, domain experts and market influencers via interviews, podcasts, press statements and event keynotes
MARKET OVERVIEW
Welding Fume Extraction Equipment – Global Key Competitors Percentage Market Share in 2022 (E)
Competitive Market Presence – Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
How Major End-Use Industries Are Impacted by the Pandemic & What’s the New Normal?
Manufacturing Industry
The Pandemic Accelerates the Momentum Towards Manufacturing Automation
Automotive Manufacturing
Construction Industry
Welding Fume Extraction Equipment: Definition, Scope, Importance, Benefits & Applications
Recent Market Activity
Innovations
MARKET TRENDS & DRIVERS
Robust Outlook for Welding Machines Provides the Foundation for Growth in the Market
Health Risks & Stringent Worker Safety Regulations Spur Adoption
Adoption of Laser Welding Bodes Well for Increased Adoption of Welding Fume Extraction Equipment
Laser Welding is a Fast Emerging Trend in Production
Although Effective, Laser Welding Emits Hazardous Fumes that Mandate Use of Welding Fume Extraction Equipment
Increased Adoption of Automated & Robotic Wielding Systems Drives the Need for Welding Fume Extraction Equipment
Focus on Automation Pushes Up Investments in Robotic Welding
Robotic Welding Creates Hazardous Fumes & Dust
Robotic Fume Extraction Rises in Popularity
Plasma Wielding Aggravates the Threat of Toxic Fumes Driving Demand for Welding Fume Extraction Equipment
Technological Advancements and Innovations Contribute to Market Growth
FOCUS ON SELECT PLAYERS (Total 34 Featured)
Parker Hannifin Corporation
Fumex, Inc.
AAF International (American Air Filter)
Air Quality Engineering
Lasermet Ltd.
Sentry Air Systems, Inc.
Nederman Holding AB
PlymoVent Group BV
Industrial Maid, LLC
Techflow Enterprises Pvt, Ltd.
Air Systems International, Inc.
Air Impurities Removal Systems, Inc.
AR FILTRAZIONI S.r.l.
KITECH (Korea Institute of Industrial Technology)
For more information about this report visit https://www.researchandmarkets.com/r/1m18ds
About ResearchAndMarkets.com
ResearchAndMarkets.com is the world’s leading source for international market research reports and market data. We provide you with the latest data on international and regional markets, key industries, the top companies, new products and the latest trends.
Media Contact:Research and Markets
Laura Wood, Senior Manager
[email protected]
For E.S.T Office Hours Call +1-917-300-0470
For U.S./CAN Toll Free Call +1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg
SOURCE Research and Markets
