Welding Fume Extraction Equipment Global Market Report 2024: Key Players, Demand Patterns And Forecasts 2033 | Air Liquide Welding S.A., Donaldson Company Inc., Filcar S.p.A., Kemper GmbH

The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2786

The Business Research Company offers in-depth market insights through Welding Fume Extraction Equipment Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.

Market Size And Growth Forecast:
The welding fume extraction equipment market size has grown strongly in recent years. It will grow from $2.63 billion in 2023 to $2.81 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The growth in the historic period can be attributed to occupational safety regulations, awareness of health hazards, global economic trends, government initiatives, industrial growth.

The welding fume extraction equipment market size is expected to see strong growth in the next few years. It will grow to $3.64 billion in 2028 at a compound annual growth rate (CAGR) of 6.7%. The growth in the forecast period can be attributed to rising awareness and stringency of regulations, increased emphasis on worker health and safety, expansion of end-use industries, global economic outlook, integration of iot and automation. Major trends in the forecast period include advancements in technology, stringent regulatory standards, increased adoption of portable solutions, environmentally sustainable solutions, collaborations and partnerships.

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Market Segmentation:
The welding fume extraction equipment market covered in this report is segmented -

1) By Product: Mobile Units, Stationary Units, Large Centralized Systems
2) By Application: Arc Welding, Resistance Welding, Laser Beam Welding, Oxy-Fuel Welding
3) By Vertical: Aerospace, Automotive, Building And Construction, Energy, Oil And Gas, Marine, Other Verticals

Major Driver - Increasing Construction Activities Drives The Welding Fume Extraction Equipment Market
Increasing construction activities is significantly contributing to the growth of the 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. For instance, according to a 2022 report published by the Bureau of Economic Analysis (BEA), a US-based government organization that provides official macroeconomic and industry statistics, the size of the US construction industry increased from $1.916 trillion in the first quarter of 2021 to $2.016 trillion in the first quarter of 2022. Therefore, increasing construction activities is driving the growth of the welding fume extraction equipment market.

Competitive Landscape:
Major companies operating in the welding fume extraction equipment market report are Air Liquide Welding S.A., Donaldson Company Inc., Filcar S.p.A., Kemper GmbH, Lincoln Electric Holdings Inc., Miller Electric Mfg. LLC, Pace International Corp., Parker Hannifin Corporation, RoboVent, Sentry Air Systems Inc., Environmental Systems Technology Group Inc., Air Cleaning Specialists Inc., PAT Technology Systems Inc., Fumex LLC, Air Impurities Removal Systems Inc., Vactagon LLC, Plymovent B.V., Nederman Holding AB, Airflow Systems Inc., Purex Corporation, AirBench Systems Inc., Diversitech Corporation, Abicor Binzel Schweisstechnik GmbH & Co. KG, ESAB AB, CLOOS Schweißgeräte GmbH, Cebora s.r.l., Handte Umwelttechnik GmbH, BOFA International Ltd., Dongguan VILLO Technology Inc., ULT AG Umwelt-Lufttechnik .

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Top Trend - Product Innovation To Sustain Market Position
Product innovation is the major trend gaining popularity in the welding fume extraction equipment market. Major companies operating in the welding fume extraction equipment market are focusing on providing innovative solutions to sustain their market position. For instance, in February 2021, Donaldson Co. Inc, a US-based vertically integrated filtration company launched, the Torit Downflo Ambient weld fume extractor. The new welding fume extraction equipment gives fabricators the ability to weld in various workstation configurations. Without hoods or ductwork, the collector extracts welding fumes. The dust disposal drawer and hinged access doors enable turnkey filter replacements, and it is prewired with an integrated control panel for easy installation.

The Table Of Content For The Market Report 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
…..
27. Welding Fume Extraction Equipment Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix

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