Welding Fume Extraction Equipment Market Report 2023 | Market Analysis, Trends, Growth Opportunities, and Forecast, 2023-2030

The global welding fume extraction equipment market is expected to reach and surpass US$ 6.4 billion by 2030, with an annual growth rate of more than 7.2%

Global Welding Fume Extraction Equipment Market is valued at US$ 3.9 billion in 2023 and is expected to grow at a significant CAGR of over 7.2% over the forecast period of 2023-2030, according to the published market report by RationalStat

Market Definition, Market Scope, and Report Overview

Strict government and regulatory authorities' regulations regarding safe working environment. Moreover, increased awareness amongst both employers and workers about the potential health risks associated with exposure to welding fumes. Welding fumes include various harmful chemicals including, sulphur dioxide, lead, nitrogen oxides, all of which can lead to cancer, vision problems, etc.

A report by International Agency for Research on Cancer, classifies welding fumes as carcinogenic. The report in addition to the increased awareness contributes significantly to the expansion of welding fume extraction equipment market.

Portable welding fume extraction equipment are cost-effective, provides flexibility in terms of usage, can be easily installed, easy to maintain, etc. These features offered by portable welding fume extraction equipment, makes it an attractive alternative, thus driving the demand for the portable type.

• According to a deep-dive market assessment by RationalStat, the global welding fume extraction equipment market has been analyzed on the basis of market segments, including mobility, product type, end user, application and geography/regions (including North America, Latin America, Western Europe, Eastern Europe, Middle East & Africa, and Asia Pacific). The report also offers global and regional market sizing for the historical period of 2019-2022 and the forecast period of 2023-2030.

• Market intelligence for the global welding fume extraction equipment market covers market sizes on the basis of market value (US$/EUR Million) and volume (Units) by various products/services/equipment, demand assessment across the key regions, customer sentiments, price points, cost structures, margin analysis across the value chain, financial assessments, historical and forecast data, key developments across the industry, import-export data, trade overview, components market by leading companies, etc.

• In addition, the long-term sector and products/services 10-year outlook and its implications on the global welding fume extraction equipment market. It also includes the industry's current state - Production Levels, Capacity Utilization, Tech quotient, etc. Key information will be manufacturing capacity by country, installed base, import volumes, market size, key players, market size, dynamics, market data, insights, etc.

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Global Welding Fume Extraction Equipment Market: Segmental and Market Share Analysis

• On the basis of region, North America is anticipated to dominate the welding fume extraction equipment market, primarily due to the strict occupational health rules and regulations, and a concentrated focus on worker's safety.

Report Synopsis

Report Metrics Details
Base Year 2023
Forecast Period 2023-2030
Base Year Market Size US$ 3.9 billion
Market Size Forecast US$ 6.4 billion
Growth Rate 7.3%

Key Market Drivers
• Rising awareness regarding worker safety
• Rising construction activities
• Advancements in technology

Companies Profiled
• Miller Electric Mfg. LLC
• The Lincoln Electric Company
• Donaldson Company, Inc.
• KEMPER GmbH
• Bomaksan Industrial Air Filtration Systems San. Tic. A.S.
• Sentry Air Systems, Inc.
• FILCAR S.p.A.
• PACE WORLDWIDE
• Parker-Hannifin Corporation
• RoboVent, Inc.
• Nederman Holding AB
• APZEM Inc
• Air Cleaning Specialists, Inc.
• ABICOR BINZEL USA, Inc.

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Competition Analysis and Market Structure

These players adopt various strategies in order to reinforce their market share and gain a competitive edge over other competitors in the market. Mergers & acquisitions, partnerships and collaborations, and product launches are some of the strategies followed by industry players. Some of the key developments in the global welding fume extraction equipment market include,
• In April 2023, Miller Electric Mfg. launched FILTAIR 215 fume extraction system. The FILTAIR 215 is an industrial, high-vacuum fume extraction unit. The extraction unit is equipped with self-cleaning filter mechanism, optional auto start/stop function.

• In January 2023, Donaldson Company introduced Torit® Downflo® Ambient (DFA) weld fume extractor. The new fume extractor enables the fabricators to weld in various workstation configurations.

Some of the prominent players and suppliers operating and contributing significantly to the global welding fume extraction equipment market growth include Miller Electric Mfg. LLC, The Lincoln Electric Company, Donaldson Company, Inc., KEMPER GmbH, Bomaksan Industrial Air Filtration Systems San. Tic. A.S., Sentry Air Systems, Inc., FILCAR S.p.A., PACE WORLDWIDE, Parker-Hannifin Corporation, RoboVent, Inc., Nederman Holding AB, APZEM Inc, Air Cleaning Specialists, Inc., and ABICOR BINZEL USA, Inc., among others.

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RationalStat has segmented the global welding fume extraction equipment market based on mobility, product type, end user, application and region
• Global Welding Fume Extraction Equipment Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Mobility
o Fixed
o Movable
• Global Welding Fume Extraction Equipment Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Product Type
o Downdraft Backdraft Table
o Portable High Vacuum
o Mobile Fume Extractor
• Global Welding Fume Extraction Equipment Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by End User
o Automotive
o Marine
o Energy
o Building & Construction
o Aerospace
o Oil & Gas
o Others
• Global Welding Fume Extraction Equipment Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Application
o Gas metal arc welding
o Gas tungsten arc welding
o Electroslag welding
o Flux-cored arc welding
o Submerged arc welding
o Oxyacetylene welding
o Resistance welding
o Spot welding and seam welding
o Brazing
o Soldering
o Others
• Global Welding Fume Extraction Equipment Market Value (US$ Million), Volume (Units), and Market Share (2019-2030) Analysis by Region
o North America Welding Fume Extraction Equipment Market
 US
 Canada
o Latin America Welding Fume Extraction Equipment Market
 Brazil
 Mexico
 Rest of Latin America
o Western Europe Welding Fume Extraction Equipment Market
 Germany
 UK
 France
 Spain
 Italy
 Benelux
 Nordic
 Rest of Western Europe
o Eastern Europe Welding Fume Extraction Equipment Market
 Russia
 Poland
 Hungary
 Other CIS Countries
 Rest of Eastern Europe
o Asia Pacific Welding Fume Extraction Equipment Market
 China
 Japan
 India
 South Korea
 Australia
 ASEAN
• Indonesia
• Thailand
• Philippines
• Vietnam
• Malaysia
• Rest of ASEAN
 Rest of Asia Pacific
o Middle East & Africa Welding Fume Extraction Equipment Market
 GCC
• Saudi Arabia (KSA)
• United Arab Emirates (UAE)
• Rest of the GCC
 South Africa
 Nigeria
 Turkey
 Rest of the Middle East & Africa

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Key Questions Answered in the Welding Fume Extraction Equipment Report:
• What will be the market value of the global welding fume extraction equipment market by 2030?
• What is the market size of the global welding fume extraction equipment market?
• What are the market drivers of the global welding fume extraction equipment market?
• What are the key trends in the global welding fume extraction equipment market?
• Which is the leading region in the global welding fume extraction equipment market?
• What are the major companies operating in the global welding fume extraction equipment market?
• What are the market shares by key segments in the global welding fume extraction equipment market?

Research Methodology
RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts' viewpoint to create a research methodology for market sizing and forecasting.
RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:
• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

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Contact

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About RationalStat LLC
RationalStat is an end-to-end global market intelligence and consulting company that provides comprehensive market research reports, customized strategy, and consulting studies. The company has sales offices in India, Mexico, and the US to support global and diversified businesses. The company has over 80 consultants and industry experts, developing more than 850 market research and industry reports for its report store annually.
RationalStat has strategic partnerships with leading data analytics and consumer research companies to cater to the client's needs. Additional services offered by the company include consumer research, country reports, risk reports, valuations and advisory, financial research, due diligence, procurement and supply chain research, data analytics, and analytical dashboards.

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