Global Dust Extraction System Market Evaluation Targets Advancement Anticipated until 2028
Leading stakeholders are focusing on application-specific product development, combined with aftersales maintenance services offerings to gain a competitive edge in the dust extraction system market.
[UKPRwire, Fri Dec 14 2018] Dust extraction system has observed widespread acceptance among industrial sector, with organizations such as National Fire Protection Association (NFPA) and Occupational Safety and Health Administration (OSHA) establishing rules & regulations that enable safe and healthy work atmosphere. However, implementation of standards has created the need for dust extraction system manufacturers to frequently modify their production methods, thereby resulting in delayed delivery of finished product.
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Penetration of the dust extraction system continues to remain rigorous in mining, quarrying, and oil & gas sector – a key trend complementing steady demand from lumber, construction, and chemical industries. A new Fact.MR study envisages nearly US$ 9,990 Mn worth of dust extraction systems to be sold worldwide by 2028-end, with mining, quarrying and oil & gas accounting for over 25% of sales.
Awareness uptake apropos of clean & healthy working environment, combined with implementation of mandatory standards with regard to workers’ safety is impacting demand for dust extraction system worldwide. Regulatory bodies such as the National Fire Protection Association (NFPA), and Occupational Safety and Health Administration (OSHA), mandating use of dust extraction systems to provide a clean ambience for employees, particularly in manufacturing, processing, and construction industry, is a key growth determinant for the market.
North America’s Dust Extraction System Market Remains Consolidated in the U.S.
North America and Europe continue to endure as lucrative markets for the dust extraction system, however the latter is set to grow at a slighter higher rate through 2028. The dust extraction system market in North America remains consolidated in the U.S., with authorities such as the Environment Protection Agency (EPA) levying rules apropos of emission levels of the dust extraction system that all stakeholders must comply with.
Future growth prospects of the dust extraction system market in Europe are likely to be promising, underpinned by rapid rise in the region’s construction and waste management industries. Recognizing imperativeness of the dust extraction system in industrial applications, European manufacturers are integrating advanced technologies for offering application-specific solutions. Conformance to CE (Conformité Européene) Marking Compliance, and the ATEX Directive 2014/34/EU, by dust extraction system manufacturers in Europe will continue to influence their manufacturing strategies, thereby impacting development and sales.
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.
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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.
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.
Table of Content:
Chapter 1 Global Dust Extraction Systems Market – Executive Summary
Chapter 2 Global Dust Extraction Systems Market Overview
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
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