Welding Fume Extraction Equipment Market Growth & Trends
The global welding fume extraction equipment market size is anticipated to reach USD 3.03 billion by 2030 according to a new report by Grand View Research, Inc. The market is expected to expand at a CAGR of 5.8% from 2022 to 2030. The demand for welding fume extraction equipment is anticipated to be driven by stringent environmental regulations for occupational exposure to the hazardous fumes generated during the welding process.
The increased awareness of welding equipment end-users about occupational hazards and illnesses has led to the implementation of additional legislation by employers. Local exhaust ventilation (LEV) systems are to be installed by all firms that offer welding services to adequately regulate welding emissions.
Welding companies are obligated by law to maintain an ASA registry listing the exposed workers and the number of annual hours of exposure. Thus, increased concerns related to the health risks posed by welding fumes, along with the implementation of stringent laws aimed at ensuring a safe and healthy work environment, are anticipated to fuel the growth of the market over the forecast period.
Increasing construction activities across the globe and rapid urbanization in developing economies, such as China, India, and Brazil, as well as those in the Middle East and Africa, are anticipated to fuel the expansion of the construction sector. Moreover, higher disposable incomes and improved spending capabilities of consumers are anticipated to boost spending on the construction of new buildings.
Manufacturers of welding fume extraction equipment adopt several strategies including acquisitions, mergers, joint ventures, new product developments, and geographical expansions to enhance their market penetration and cater to the changing technological demand for equipment from various end-use industries such as building & construction, automotive & transportation, marine, and aerospace.
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Welding Fume Extraction Equipment Market Report Highlights
- Mobile units accounted for 45.2% of the global revenue share in 2021 owing to their mobility & compactness, mobile units are suited for small fabrication and welding facilities that require light to medium-duty welding fume extractors
- Arc welding accounted for 44.0% share of the global revenue in 202. Arc welding is used for various applications such as welding thin ferrous & non-ferrous metals, sheet metals, small diameter parts, thin wall tubing, and repairing tools & dies
- Aerospace is projected to witness a CAGR of 6.8% from 2021 to 2030. The welding applications in aerospace manufacturing also include heating elements, circuit board traces, electronic components, actuators, fine ribbon welding, inductors, and others
- Asia Pacific accounted for around 35.7% of the global revenue share in 2021. Owing to ongoing offshore and onshore oil & gas exploration activities, along with the conduct of refining pipeline construction projects in the region during the post-pandemic period
- In August 2020, KEMPER GmbH launched the WallMaster filter system for metalworking companies to optimize their protective welding equipment for employees. The stationary filter unit is suitable for filtering medium quantities of welding fumes for up to two workplaces at the same time
Access Press Release@ https://www.grandviewresearch.com/press-release/global-welding-fume-extraction-equipment-market
Welding Fume Extraction Equipment Market Segmentation
Grand View Research has segmented the global welding fume extraction equipment market based on product, application, industry, and region:
Welding Fume Extraction Equipment Product Outlook (Revenue, USD Million, 2017 - 2030)
- Mobile Units
- Stationary Units
- Large Centralized Systems
Welding Fume Extraction Equipment Application Outlook (Revenue, USD Million, 2017 - 2030)
- Arc Welding
- Resistance Welding
- Laser Beam Welding
- Oxy-fuel Welding
Welding Fume Extraction Equipment Industry Outlook (Revenue, USD Million, 2017 - 2030)
- Aerospace
- Automotive
- Building & Construction
- Energy
- Oil & Gas
- Marine
- Others
Welding Fume Extraction Equipment Regional Outlook (Revenue, USD Million, 2017 - 2030)
- North America
- US.
- Canada
- Mexico
- Central Europe
- Germany
- Switzerland
- Northern Europe
- Sweden
- Finland
- Denmark
- Norway
- Iceland
- Western Europe
- UK.
- France
- Southern Europe
- Spain
- Italy
- Eastern Europe
- Russia
- Poland
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Central & South America
- Brazil
- Argentina
- Middle East & Africa
- Saudi Arabia
- South Africa
- UAE
List of Key Players of Welding Fume Extraction Equipment Market
- Miller Electric Mfg. LLC
- Lincoln Electric
- Donaldson Company, Inc.
- Kemper Gmbh
- Bomaksan Industrial Air Filtration Systems San. Tic. A.S.
- Sentry Air Systems, Inc.
- Filcar
- ABICOR BINZEL
- ESTA Extraction technology
- Air Cleaning Specialists, Inc.
About Grand View Research
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, we offer market intelligence studies ensuring relevant and fact-based research across a range of industries, from technology to chemicals, materials and healthcare.
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