Pune, Maharashtra -- (SBWire) -- 02/06/2019 --A recent Fact.MR report foretells the dust extraction system market to record an impressive value CAGR of 6.0% over the forecast period (2018-2028). Over 5,800 thousand units of dust extraction systems are envisaged to be sold globally by 2028-end. With the surge in awareness on clean working environment, which aids workers' efficiency and therefore an industry's productivity, dust extraction systems have witnessed increased demand in recent years.
Rapid industrialization and globalization have further backed the imperativeness of clean & healthy workplaces, thereby paving avenues for industrial safety & protection equipment, and dust extraction system is no exception. Prominent stakeholders and distributors are therefore targeting a wide range of industries, to offer advanced and distinct dust extraction systems, to boost sales of their products and extend their market reach.
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Dust Extraction System Market: Stringent Safety & Protection Regulations Complementing Growth
Adoption of dust extraction system is being propelled by regulations and standards being levied on manufacturing and processing industries. These regulations aim at protecting employees from parlous work atmosphere including poor air quality. A prime example for such impositions is the new rule implemented by the U.S. Department of Labor, which mandates employers to reduce permissible exposure limits (PEL) for construction workers' safety.
According to OSHA, nearly 2.3 Mn workers suffer from silica particles-induced hazards every year in the U.S. alone. Federal regulators have therefore established new norms for managing industrial dust, advocating organizations to adopt appropriate dust extraction system. Imposition of such stringent norms and standards across industrial sectors will keep complementing future growth of the dust extraction system market.
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Dust Extraction System Market: High Maintenance Cost Prevails as a Key Challenge
The requirement for periodic maintenance of a dust extraction system, to retain its operational efficiency and ensure its durability, prevails as a key challenge among end-users and manufacturers alike. Planning scheduled downtimes for dust extraction system's periodic maintenance cycles has endured as an inevitable need for industrial facilities, affecting their productivity and project plans to a certain extent. It is on account of the time-intensive process of restarting production processes that makes shutting down the process impractical to begin with.
Preventive inspection and maintenance process have further been eating into manufacturers' investments, with rules such as Machinery Directive (DIN EN 60204-1) mandating annual maintenance for the dust extraction system. Challenges entailed by the requirement for frequent maintenance regimes, coupled with their high costs will continue to impact expansion of the dust extraction system market in the upcoming years.
Dust Extraction System Market: Manufacturers Efforts toward Improving Product Efficiency to Foster Adoption & Fuel Growth
Operational efficiency of the dust extraction system rests on the quality of filters that form imperative integral components in these system. In addition, efficacy of the filters primarily relies on several process variables that include particle & gas attributes, and fabric properties. Recognizing the importance, dust extraction system manufacturers have been developing innovative filters & baghouses including electrostatic precipitators (ESP), cartridge filters, and cyclone filters.
Key vendors are also emphasizing on the provision of correct sizes, and accurate number of filters & baghouses, based on type of dust being handled and static pressure of system. This further offers end-users with enhanced efficiency in industrial dust management. Product innovation, combined with variety in terms of quality, number, size, and type of filters, continues to remain a key trend in the dust extraction system market.
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Identifying versatility of the dust extraction system's industrial applications, industrial safety & protection equipment manufacturers have highly emphasized product development in line with distinct application as a key differentiation strategy. Assimilating with dynamic demand for dust extraction system, key manufacturers are modifying specific parameters of the equipment for offering apt and more efficient solutions.
Provision of dust extraction systems, capable of operating in extreme weather conditions, in the coal & mining industry is a key example of such offerings. In line with this, parameters of the dust extraction system employed in the grain elevators & terminals vary from those used in the wood industry. Customized product offerings based on applications is likely to enable manufacturers to remain competitive in the dust extraction system market.
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Table of Contents Covered in the report are:
Chapter 1 Global Dust Extraction Systems Market – Executive Summary
Chapter 2 Global Dust Extraction Systems Market Overview
2.1 Introduction
2.2 Global Automation Industry Overview
2.3 Market Definition
2.4 Scope of the report
2.5 Opportunity Analysis
2.6 Winning and Losing Components
2.7 Mega Trends
Chapter 3 Market Dynamics
3.1 Key Growth Drivers
3.2 Key Restraints
3.3 Key Trends
3.4 Key Growth Opportunities
3.5 Supply Chain
3.5.1 Trends in the Dust Extraction Systems Market: Supply Chain Implications
3.6 Levels of Supply Chain Maturity
3.7 Dust Explosions and Occurrence
3.8 Dust Extraction Systems by Dust Type
3.9 Pressure Drop v/s Efficiency
3.10 Investment Feasibility Matrix
3.11 Competition Footprint Matrix
3.12 Porter's Five Forces Analysis
3.13 PESTLE Analysis
3.14 Forecast Scenario
3.15 Forecast Factors
3.16 Key Market Participants – Intensity Map Analysis
Chapter 4 Global Dust Extraction Systems Market - Price Point Analysis
4.1 Price Point Assessment by Region
4.2 Price Point Assessment by Product Type, 2017
4.3 Dust Extraction Systems Price Forecast 2018-2028
4.4 Price Forecast by Product Type till 2028
4.5 Pricing Analysis-Competitive Group Wise Prices
Chapter 5 Global Dust Extraction Systems Market - Trade Analysis
5.1 Dust Extraction Systems Market- Exports to the World
5.2 List of Key Exporters
5.3 Key Exporting Countries/Regions- Market Share Analysis (2018E)
5.4 Dust Extraction Systems Market- Imports to the World
5.5 List of Key Importers
5.6 Key importing Countries/Regions- Market Share Analysis (2018E)
ANd Continue...
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Research Report Covers the Dust Extraction System Market Share and Growth, 2018-2028
Fact.MR has announced the addition of the “ Dust Extraction System Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2018 to 2028"report to their offering.