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Welding Fume Extraction Equipment Market Analysis (2023-2032)- Growth Opportunities, Product Valuation, Emerging Trends, Future Investments And Top Key Players | Air Liquide Welding Group, Donaldson Company Inc, Filcar S.P.A, Kemper America Inc, Lincoln E
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032Welding Fume Extraction Equipment Market Size, Growth Rate, And Forecast:
The global welding fume extraction equipment market size is expected to grow from $2.48 billion in 2022 to $2.66 billion in 2023 at a compound annual growth rate (CAGR) of 7.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global welding fume extraction equipment market size is expected to reach $3.36 billion in 2027 at a CAGR of 6%.
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Welding Fume Extraction Equipment Market Drivers:
Increasing construction activities is significantly contributing to the growth of the fume welding fume extraction equipment market going forward. Construction activities refer to the area of business and manufacturing that is concerned with building, preserving, and fixing infrastructure. Welding fume extraction equipment is used to capture fumes generated from welding operations in the construction sector which keeps the work environment for construction site workers safe as welding fumes are associated with major health concerns such as lung disease, nerve damage, and so on.
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Welding Fume Extraction Equipment Market Segments:
By Product: Mobile Units, Stationary Units, Large Centralized Systems
By Application: Arc Welding, Resistance Welding, Laser Beam Welding, Oxy-Fuel Welding
By Vertical: Aerospace, Automotive, Building And Construction, Energy, Oil And Gas, Marine, Other Verticals
By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Welding Fume Extraction Equipment Market.
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Welding Fume Extraction Equipment Market Key Players:
Major competitors in the welding fume extraction equipment market include Air Liquide Welding Group, Donaldson Company Inc, Filcar S.P.A, Kemper America Inc, Lincoln Electric Co, Miller Electric Mfg. Co, Pace Wide, Parker Hannifin Corporation.
The Business Research Company's "Global Welding Fume Extraction Equipment Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table Of Content For The Welding Fume Extraction Equipment Market Include:
1. Executive Summary
2. Welding Fume Extraction Equipment Market Characteristics
3. Welding Fume Extraction Equipment Market Trends And Strategies
4. Welding Fume Extraction Equipment Market - Macro Economic Scenario
5. Welding Fume Extraction Equipment Market Size And Growth
……
26. Africa Welding Fume Extraction Equipment Market
27. Welding Fume Extraction Equipment Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Welding Fume Extraction Equipment Market
29. Welding Fume Extraction Equipment Market Future Outlook and Potential Analysis
30. Appendix
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