Global Welding Fume Extraction Equipment Strategic Industry Report 2024: Market to Reach $6.3 Billion by 2030 - Health Risks & Stringent Worker Safety Regulations Spur Adoption

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

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