The market for dust extractors generated more than US$ 1 billion in revenue in 2018 and is expected to continue to grow at an average Y-o-Y rate of about 6% in 2019 and beyond. By 2028, the size of the Dust Extractors Market is anticipated to reach US$ 3.6 Billion. Dust extractors will experience significant gains in the low dust class, as predicted by a new research intelligence outlook from Future Market Insights (FMI), creating a sizable incremental opportunity over the coming years.
Although over the long term, the adoption of dust extractors in the medium dust class will continue to outperform that in the low dust class, this is very likely because of the sector’s explosive expansion in commercial construction. The increased demand from large end-use industries, particularly commercial buildings and offices, is expected to result in a significant increase in sales in the next years.
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.
Get a Sample Copy of the Report @
https://www.futuremarketinsights.com/reports/sample/rep-gb-9500
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.
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 R&D 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.
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.
Ask An Analyst @
https://www.futuremarketinsights.com/ask-question/rep-gb-9500
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.
Dust Extractors Market by Category
Capacity:
- 0.4-1 Ltr.
- 1-10 Ltr.
- 10-20 Ltr.
- 20-40 Ltr.
- Above 40 Ltr.
Power:
- Battery Operated (Cordless)
- 12 V
- 18 V
- Direct Power Supply Based (Wired)
Application:
- Professional Craftsmen (DIY)
- Woodworking
- Car Service
- Individual
- Garage/Service Stations
- Construction Site
- Commercial Establishment Maintenance & Cleaning
Dust Class:
- Low
- Medium
- By Sales Channel
- Hardware Shop
- Wholesale
- Retail
- E-commerce Platform
Vacuum Pressure:
- 0.01-0.1 Bar
- 0.1-1 Bar
- More than 1 Bar
About Future Market Insights (FMI)
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
Contact Us :
Future Market Insights, Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Browse All Reports: https://www.futuremarketinsights.com/reports
