PUBLISHER: Lucintel | PRODUCT CODE: 1387298
PUBLISHER: Lucintel | PRODUCT CODE: 1387298
Welding Fume Extraction Equipment Trends and Forecast
The future of the global welding fume extraction equipment market looks promising with opportunities in the arc welding, resistance welding, laser beam welding, and oxy-fuel welding markets. The global welding fume extraction equipment market is expected to reach an estimated $3.5 billion by 2030 with a CAGR of 3.1% from 2024 to 2030. The major drivers for this market are rising demand from various end-use industries such as construction, automotive, and others and increasing mandatory health and safety workplace regulations compliance.
A more than 150-page report is developed to help in your business decisions.
Welding Fume Extraction Equipment by Segment
The study includes a forecast for the global welding fume extraction equipment by product, application, end use, and region.
Welding Fume Extraction Equipment Market by Product [Shipment Analysis by Value from 2018 to 2030]:
Welding Fume Extraction Equipment Market by Application [Shipment Analysis by Value from 2018 to 2030]:
Welding Fume Extraction Equipment Market by End Use [Shipment Analysis by Value from 2018 to 2030]:
Welding Fume Extraction Equipment Market by Region [Shipment Analysis by Value from 2018 to 2030]:
List of Welding Fume Extraction Equipment Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies welding fume extraction equipment companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the welding fume extraction equipment companies profiled in this report include-
Welding Fume Extraction Equipment Market Insights
Lucintel forecasts that mobile unit will remain the largest segment over the forecast period due to its compactness and ability to remove dangerous fumes from the work environment.
Within this market, arc welding will remain the largest segment due to high need for fabrication of machinery and the construction of steel structures.
APAC will remain the largest segment over the forecast period due to rising government efforts aimed at promoting industralization, urbanization, and infrastructual development and increasing refining pipeline construction projects in the region.
Features of the Global Welding Fume Extraction Equipment Market
Market Size Estimates: Welding fume extraction equipment market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Welding fume extraction equipment market size by product, application, end use, and region in terms of value ($B).
Regional Analysis: Welding fume extraction equipment market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different products, applications, end uses, and regions for the welding fume extraction equipment market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the welding fume extraction equipment market.
Analysis of competitive intensity of the industry based on Porter's Five Forces model.
FAQ
Q1. What is the welding fume extraction equipment market size?
Answer: The global welding fume extraction equipment market is expected to reach an estimated $3.5 billion by 2030.
Q2. What is the growth forecast for welding fume extraction equipment market?
Answer: The global welding fume extraction equipment market is expected to grow with a CAGR of 3.1% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the welding fume extraction equipment market?
Answer: The major drivers for this market are rising demand from various end-use industries such as construction, automotive, and others and increasing mandatory health and safety workplace regulations compliance.
Q4. What are the major segments for welding fume extraction equipment market?
Answer: The future of the welding fume extraction equipment market looks promising with opportunities in the arc welding, resistance welding, laser beam welding, and oxy-fuel welding markets.
Q5. Who are the key welding fume extraction equipment market companies?
Answer: Some of the key welding fume extraction equipment companies are as follows:
Q6. Which welding fume extraction equipment market segment will be the largest in future?
Answer: Lucintel forecasts that mobile unit will remain the largest segment over the forecast period due to its compactness and ability to remove dangerous fumes from the work environment.
Q7. In welding fume extraction equipment market, which region is expected to be the largest in next 5 years?
Answer: APAC will remain the largest segment over the forecast period due to rising government efforts aimed at promoting industralization, urbanization, and infrastructual development and increasing refining pipeline construction projects in the region.
Q.8 Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.