The Welding Fume Extraction Equipment Global Market Report 2023, provides comprehensive information on the welding fume extraction equipment market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Welding Fume Extraction Equipment Market’s Growth:
As per The Business Research Company’s Welding Fume Extraction Equipment Global Market Report 2023, 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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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 welding fume extraction equipment market 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
Asia-Pacific was the largest region in the welding fume extraction equipment market in 2022.
The table of contents in TBRC’s welding fume extraction equipment market report includes:
- Executive Summary
- Welding Fume Extraction Equipment Market Characteristics
- Welding Fume Extraction Equipment Market Trends And Strategies
- Welding Fume Extraction Equipment Market – Macro Economic Scenario
- Welding Fume Extraction Equipment Market Size And Growth
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- Africa Welding Fume Extraction Equipment Market
- Welding Fume Extraction Equipment Market Competitive Landscape And Company Profiles
- Key Mergers And Acquisitions In The Welding Fume Extraction Equipment Market
- Welding Fume Extraction Equipment Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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