About Fume Exhaust Systems
Fume exhaust system is designed to capture hazardous gases, mists and dust particulates. The main objective of fume exhaust system is to observe hazardous particles before working personnel inhale them. Various parts of fume exhaust system include ducting, collection hood, blower and air cleaning devices among others. Buoyed by stringent government regulations, industries are witnessing huge demand for fume exhaust system.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Analyst at AMA Research estimates that American Manufacturers will contribute the maximum growth to Global Fume Exhaust Systems market throughout the forecasted period. Established and emerging Manufacturers should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Humiair (India), Simtech (United States), KEMPER (Germany), Strobic Air (United States), Howden (United Kingdom), Systemair (Sweden), Soler & Palau (Spain), Johnson Controls (Ireland), Loren Cook (United States), Ventmeca (France), Air Systems Components (United States) and Nortek (United States) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research coverage are CECO Environmental (United States), BOFA Americas, Inc (United States), Span Filtration Systems (India) and Greenheck Fan (United States).
Segmentation Overview
AMA Research has segmented the market of Global Fume Exhaust Systems market by Type (Collection Hood, Ducting, Air Cleaning Device, Blower and Fans), Application (Industrial and Non-industrial) and Region.
On the basis of geography, the market of Fume Exhaust Systems has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Influencing Trend:
Growing Demand for Customized/Centralized Fume Exhaust Systems
Market Growth Drivers:
Growing Need to Keep the Work-space Clean and Hazard Free and Increasing Government Boundation to Use Fume Removal Equipment
Challenges:
Complexity Involved in Designing Fume Exhaust Systems, Poor Design Fume Exhaust Systems Leads to Low Performance and Volatility in raw Materials Prices
Restraints:
High Initial Cost Involved in Procurement of Fume Exhaust Systems
Opportunities:
Rapid Industrialization in Emerging Countries
Market Leaders and their expansionary development strategies
In JUNE 2022, CECO Environmental Corp. an industrial air quality and fluid handling company, has acquired of industrial air quality consultancy and engineering firm, Western Air Ducts Ltd. Somerset, England. The acquisition includes Western Air’s patented air control system Inteliair. Both brands will be immediately folded into CECO's industrial air platform.
In September 2023, Metcal, a leader in benchtop soldering and fume extraction systems, launched of their new BVX-250 Fume Extraction System. The 2-port portable fume extractor offers HEPA filtration of 99.97% efficiency with a significant performance increase over previous models. The system also offers new innovations for changing the filters, exhausting the air, and communicating with the operator, improving ease of use and the user experience.
Key Target Audience
Fume Exhaust Systems Manufacturers, Raw Materials Suppliers/Distributors, Components Manufacturers, End-users Industries, Market Research and Consultancy Firms, Potential Investors and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.