Welding Fume Extraction Equipment Global Strategic Business Report 2024: Plasma Wielding Aggravates the Threat of Toxic Fumes, Driving Demand for Welding Fume Extraction Equipment


Dublin, April 11, 2024 (GLOBE NEWSWIRE) -- The "Welding Fume Extraction Equipment - Global Strategic Business Report" has been added to ResearchAndMarkets.com's offering.

The global market for Welding Fume Extraction Equipment estimated at US$4.3 Billion in the year 2023, is projected to reach a revised size of US$6.3 Billion by 2030, growing at a CAGR of 4.9% over the analysis period 2023-2030.

Mobile Units, one of the segments analyzed in the report, is projected to record 4.9% CAGR and reach US$2.8 Billion by the end of the analysis period. Growth in the Stationary Units segment is estimated at 4.3% CAGR for the next 8-year period.

The Welding Fume Extraction Equipment market in the U.S. is estimated at US$1.1 Billion in the year 2023. 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 5.9% over the analysis period 2023 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.7% and 4.8% respectively over the 2023-2030 period. Within Europe, Germany is forecast to grow at approximately 3.6% CAGR.

Key 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

The report features profiles of 34 featured companies. A selection of companies in the report includes:

  • 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)


Key Attributes:

Report AttributeDetails
No. of Pages384
Forecast Period2023 - 2030
Estimated Market Value (USD) in 2023$4.3 Billion
Forecasted Market Value (USD) by 2030$6.3 Billion
Compound Annual Growth Rate5.6%
Regions CoveredGlobal



Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Welding Fume Extraction Equipment - Global Key Competitors Percentage Market Share in 2023 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2023 (E)
  • Global Economic Outlook
  • Welding Fume Extraction Equipment: Definition, Scope, Importance, Benefits & Applications
  • Recent Market Activity
  • Innovations

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

4. GLOBAL MARKET PERSPECTIVE

  • United States
  • Canada
  • Japan
  • China
  • Europe
  • France
  • Germany
  • Italy
  • United Kingdom
  • Spain
  • Russia
  • Rest of Europe
  • Asia-Pacific
  • Australia
  • India
  • South Korea
  • Rest of Asia-Pacific
  • Latin America
  • Argentina
  • Brazil
  • Mexico
  • Rest of Latin America
  • Middle East
  • Iran
  • Israel
  • Saudi Arabia
  • United Arab Emirates
  • Rest of Middle East
  • Africa

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/e669w7

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Welding Fume Extraction Equipment Market

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