What is Global Soldering Fume Extractor Market?
The Global Soldering Fume Extractor Market is a specialized sector that focuses on the production and distribution of devices designed to remove the harmful fumes produced during the soldering process. These fumes, if inhaled, can cause serious health issues, including respiratory problems and eye irritation. Therefore, the use of soldering fume extractors is crucial in industries where soldering is a common process. These extractors work by sucking in the fumes produced during soldering and filtering them through a series of filters, effectively removing the harmful particles and gases and ensuring a safer working environment. The market for these devices is global, with demand stemming from various industries worldwide. The value of this market was estimated to be US$ 57 million in 2022, and it is projected to reach US$ 66 million by 2029. This growth is driven by the increasing awareness of workplace safety and the ongoing technological advancements in the field of fume extraction.
Single Operator, Double Operator, Multi-Operator in the Global Soldering Fume Extractor Market:
The Global Soldering Fume Extractor Market can be segmented based on the number of operators it can accommodate: single operator, double operator, and multi-operator. Single operator extractors are designed for use by one person at a time. They are compact, portable, and ideal for small-scale operations or individual use. Double operator extractors, on the other hand, are designed for use by two people simultaneously. They are larger and more powerful, capable of handling the fumes produced by two soldering processes at once. Multi-operator extractors are the largest and most powerful of the three. They are designed for use in large-scale operations where multiple people are soldering simultaneously. These extractors have multiple inlets for fume extraction and are capable of handling the high volume of fumes produced in such settings. The choice between these three types depends on the scale of the operation and the number of people involved in the soldering process.
Electronics Industry, General Industry in the Global Soldering Fume Extractor Market:
The Global Soldering Fume Extractor Market finds its usage predominantly in the Electronics Industry and General Industry. In the Electronics Industry, these extractors are used during the manufacturing of electronic components and devices. Soldering is a common process in this industry, used to join electronic components together. The fumes produced during this process can be harmful if inhaled, making the use of fume extractors crucial. In the General Industry, soldering fume extractors are used in various manufacturing processes where soldering is involved. This includes industries such as automotive, aerospace, and construction. The use of these extractors ensures a safer working environment by removing the harmful fumes produced during soldering. The demand for these devices in both these industries is driven by the increasing awareness of workplace safety and the stringent regulations regarding worker safety.
Global Soldering Fume Extractor Market Outlook:
The Global Soldering Fume Extractor Market, as per the recent market outlook, was valued at US$ 57 million in 2022. It is expected to witness a steady growth, reaching an estimated value of US$ 66 million by 2029. This growth trajectory represents a Compound Annual Growth Rate (CAGR) of 2.0% during the forecast period from 2023 to 2029. The Asia-Pacific region holds the largest market share, accounting for approximately 50% of the global market. Europe follows closely, contributing to about 22% of the market share. The top three companies in this market hold a combined market share of about 34%. This data provides a snapshot of the current state of the Global Soldering Fume Extractor Market, highlighting the key players and regions contributing to its growth.
| Report Metric | Details |
| Report Name | Soldering Fume Extractor Market |
| Accounted market size in 2022 | US$ 57 in million |
| Forecasted market size in 2029 | US$ 66 million |
| CAGR | 2.0% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
|
| Segment by Application |
|
| Production by Region |
|
| Consumption by Region |
|
| By Company | BOFA, Metcal, Weller, Kurtz Ersa, Hakko, FUMEX, ULT, Quick, Quatro-air, Sentry Air Systems, Sunyada, Boorex, Qubo, Conyson, Pace |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
