Dust Extractors Market Projected to Grow at CAGR 6.0% Sales through 2029 | Future Market Insights

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Dust Extractors Market Estimated to Exhibit 6.0
Sales CAGR through 2029 Future Market Insights

• March 2020

Report Id REP-GB-9500 Published On
06-May-2019 Category Industrial Automation and
Equipment
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Dust Extractors Market Analysis
Global sales of dust extractors exceeded the
revenues worth US 1 billion in 2018, which are
projected to witness an average Y-o-Y growth of
around 6, in 2019 and ahead. As envisaged by a
new research intelligence outlook of Future
Market Insights (FMI), dust extractors will enjoy
significant gains in the low dust class,
accounting for a substantial incremental
opportunity over the course of coming
years. While adoption of dust extractors in
medium dust class will retain a dominant share
over that in the low dust class in the long run,
the latter is highly likely to outpace former
owing to the impressive growth of commercial
building sector. Sales are likely to experience a
considerable hike in the forthcoming years, as
the demand from major end-use sectors,
particularly commercial building and offices, is
on a constant rise. Construction sites, though
envisaged to remain key demand generator in the
dust extractor space, will be closely trailed by
the wood working segment. The report positions
wood working applications of dust extractors
market as an important demand contributor to the
market and projects a healthy rate of growth for
the dust extractor demand in wood working segment.
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Dust Extractors Market Analysis
DYI Applications Boosting Potential of Online
Sales Channels Growing number of projects in
the commercial space construction landscape will
remain a significant booster for the demand
growth of dust extractors at a global level.
Moreover, noteworthy increase in the number of
DIY applications, strongly backed by flourishing
online retail channels, has been cited in the
report as important factors impacting the growth
of dust extractor market in years to come. The
report has attributed growth of DIY applications
segment to the progress of home improvement
industry, observed in the recent past. In the
light of success registered by leading online
distributors of DIY vacuum cleaners such as
Amazon, EBay, Alibaba, and ShopClues among
others, a number of organizations are
strategizing their entry to the E-commerce space.
The report projects that power tools sales are
likely to emerge as a popular strategy among
players, which are stepping in the online retail
world for DYI vacuum cleaner sales. Growing
consumer preference for online channels while
shopping DIY application tools is instrumenting
accelerated online sales of dust extractors, as
per the report findings. However, high price
point associated with high-capacity vacuum
cleaners will continue to restrain the
accelerated growth of dust extractor market in
the long run.
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Dust Extractors Market Analysis
In line with the potential competitive edge
offered by dust extractor models with compact
dimensional design and light weight, key
manufacturers are following the growing trend of
high RD investments in innovative product
launches. Japan to Rise as the Industry's
Manufacturing Hub Europe is envisaged to emerge
as a highly profitable region for the prominent
consumers of dust extractors, towards the end of
the forecast period. Currently, the US and
Germany represent the most prominent countries
generating significant demand for dust
extractors, subsequently benefiting the markets
in North America and Western Europe,
respectively. According to the report, the
demand for dust extractors in developed regions
will continue to be favorably influenced by the
stringent regulatory framework of regional
governments regarding the usage of vacuum
cleaners.
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Dust Extractors Market Analysis
Furthermore, Japan is also anticipated to be a
lucrative regional market for dust extractors, in
terms of value and volume. FMI's analysis also
depicts that Japan is currently reflecting the
potential to develop into the new manufacturing
hub. MEA is also projected to remain a prominent
regional market for dust extractor sales, which
has been primarily attributed to the robust
growth of key end-use sectors across the
region. Dust Extractor Market Vendor
Landscape The dust extractor market is largely
fragmented, as a result of the strong presence of
a large number of local and established players.
The report provides details of some of the key
players in the global dust extractor market, such
as Milwaukee Tool, Alfred Kärcher SE Co. KG,
Makitra Corporation, Hilti Group, Robert Bosch
GmbH, DeWalt (acquired by Stanley), Metabowerke
GmbH, Panasonic Corporation, Nilfisk Inc.,
Tennant Company, Numatic International Ltd.,
Electrostar GmbH (Starmix), Bisell Inc.,
Fiorentini / Clemas Co., Verimark (Pty) Ltd.,
and C E Fein GmbH.
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Dust Extractors Market Analysis

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  -at-over-6-cagr-during-2019-to-2029--future-market
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Dust Extractors Market Analysis
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