North America and Europe Blow Torch Market Size By Fuel Type(Butane, Propane), By Mode of Operation(Automatic and Manual), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
North America and Europe Blow Torch Market Size By Fuel Type(Butane, Propane), By Mode of Operation(Automatic and Manual), By Geographic Scope And Forecast
North America and Europe Blow Torch Market Size And Forecast
North America and Europe Blow Torch Market size was valued at USD 8,500.51 Million in 2022 and is projected to reach USD 12,308.45 Million by 2030, growing at a CAGR of 4.72% from 2023 to 2030.
blow torches are also used in various industrial applications such as welding and brazing. The growth of these industries has led to an increase in demand for blow torches in North America and Europe. The North America and Europe Blow Torch Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
What is Blow Torch?
Blow torches are handheld devices that use a fuel source to create a high-temperature flame, typically used for various applications such as soldering, welding, and culinary purposes. In North America and Europe, the use of blow torches has increased in recent years due to a number of factors. In the culinary world, blow torches have become increasingly popular for tasks such as searing meat, caramelizing sugar, and melting cheese. The rise of cooking shows and the popularity of home cooking has contributed to this trend, as more people experiment with different cooking techniques and seek to replicate professional-level dishes at home.In addition to culinary uses, blow torches are also used in various industrial applications such as welding and brazing. The growth of these industries has led to an increase in demand for blow torches in North America and Europe. Furthermore, the development of more efficient and safer blow torches has also contributed to the growth of the market. Modern blow torches now come with features such as automatic ignition, adjustable flame control, and safety locks, making them more user-friendly and accessible to a wider range of consumers.
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North America and Europe Blow Torch Market Overview
The blow torch industry has a rich history that spans several centuries. With innovations and advancements, blowtorches have transformed into a modern and versatile tool used in various industries and applications. The earliest predecessors of the modern blow torch can be traced back to the 18th century. These early devices, known as “blow lamps,” or “spirit lamps” were simple handheld devices that used alcohol or other flammable liquids as fuel and were manually operated by blowing air into a flame to create a controlled, focused heat source. They were primarily used for tasks such as soldering, heating, and lighting.
The 19th century saw further advancements in blow torch technology. In the 1850s, a French engineer named Auguste Fouquet patented a design for a blow lamp that used a compressed air pump to produce a more powerful and controllable flame. This marked a significant step forward in the development of blow torches, as it allowed for a more efficient and precise application of heat in various industrial and manufacturing processes.
In the early 20th century, with the advent of new materials and manufacturing techniques, blow torches began to be mass-produced and became more widely available for both industrial and domestic use. These early blow torches typically used kerosene or gasoline as fuel and featured improved designs, such as built-in fuel tanks, adjustable flame controls, and safety features.
North America and Europe Blow Torch MarketSegmentation Analysis
The North America and Europe Blow Torch Market is segmented on the basis of Fuel type, Mode of Operation, and Geography.
North America and Europe Blow Torch Market by Fuel Type
Butane
Propane
Others
To Get Summarized Market Report By Fuel Type-
Based on Fuel Type, the North America and Europe Blow Torch Market has been segmented into Butane, Propane, and Others. Butane accounted for the largest market share of 47.23% in 2022, with a market value of USD 94.73 Million, and is projected to grow at the highest CAGR of 6.28% during the forecast period.
North America and Europe Blow Torch Market by Mode of Operation
Automatic
Manual
To Get Summarized Market Report By Mode of Operation-
Based on the Mode of Operation, the market is segmented into Automatic and Manual. Manual accounted for the largest market share of 63.36% in 2022, with a market value of USD 127.08 Million, and is projected to grow at the highest CAGR of 5.54% during the forecast period.
North America and Europe Blow Torch Market by Application
Commercial
Industrial
Residential
To Get Summarized Market Report By Application-
Based on Application, the market is segmented into Commercial, Industrial, and Residential. Industrial accounted for the largest market share of 57.98% in 2022, with a market value of USD 116.28 Million, and is projected to grow at the highest CAGR of 6.06% during the forecast period.
North America and Europe Blow Torch Market by Geography
North America
Europe
To Get Summarized Market Report By Geography-
On the basis of Geography, the North America and Europe Blow Torch Market is classified into North America and Europe. Europe accounted for the largest market share of 58.32% in 2022, with a market value of USD 116.97 Million, and is projected to grow at a CAGR of 4.95% during the forecast period.
Key Players
The major players in the market are Bernzomatic, Schneider GmbH, Bullfinch Gas Equipment Ltd, Blazer Products Inc., GCE Group, HD Soudage, Sievert AB, Linde, Pavoni Italia S.P.A, and Martellato Srl.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2019-2030
BASE YEAR
2022
FORECAST PERIOD
2023-2030
HISTORICAL PERIOD
2019-2021
UNIT
Value (USD Million)
KEY COMPANIES PROFILED
Bernzomatic, Schneider GmbH, Bullfinch Gas Equipment Ltd, Blazer Products Inc., GCE Group, HD Soudage, Sievert AB, Linde, Pavoni Italia S.P.A, and Martellato Srl.
SEGMENTS COVERED
By Fuel type, By Mode of Operation, and By Geography.
CUSTOMIZATION SCOPE
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the Market based on segmentation involving both economic as well as non-economic factors• Provision of Market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the Market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the Market within each region• Competitive landscape which incorporates the Market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major Market players• The current as well as the future Market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the Market of various perspectives through Porter’s five forces analysis• Provides insight into the Market through Value Chain• Market dynamics scenario, along with growth opportunities of the Market in the years to come• 6-month post-sales analyst support
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