Air Starter Market: Global Industry Analysis and Forecast (2021-2027) Trends, Statistics, Dynamics, Segmentation by Type, End-user, and Region.

Air Starter Market was valued at US$ 288.70 Mn. in 2021. The global Air Starter Market size is estimated to grow at a CAGR of 3.19% over the forecast period.

Air Starter Market Definition:

A source of power used to supply the primary rotation to start gas turbine engines and large diesel engines is known as an air-start method. Compared to a gasoline engine, a diesel engine has a high compression quotient, which is a crucial design feature because it is the high temperature of compression that ignites the fuel. An electric starter with the power to "eccentric" a large diesel engine would be too large to be practical; thus, an alternative system is required. Condensed air is forced down any cylinder with a piston over top dead in the midway when the engine is started. As soon as the engine rotates, the air-start regulator on the next cylinder inline opens, allowing the rotational action to continue. Fuel is penetrated the cylinders after many rotations, the engine starts to run, and the air supply is cut off. Air Starter Market To know about the Research Methodology :- Request Free Sample Report 2021 is considered as a base year to forecast the market from 2022 to 2027. 2021’s market size is estimated on real numbers and outputs of the key players and major players across the globe. Past five years' trends are considered while forecasting the market through 2027. 2021 is a year of exception and analysis, especially with the impact of lockdown by region.

Air Starter Market Dynamics:

Due to the broad scale application of heavy equipment, which is used in a regulated environment, air starters are widely used in several industries such as oil and gas, aerospace and defense, automotive, marine, mining, and transportation. Air starters are a universal technology that is extensively embraced and employed in a variety of industries, resulting in increased demand for air starters around the world. Aviation and oil & gas are the two major industries that use big numbers of air starters, owing to massive government investments in these industries across the globe, which is expected to fuel demand for air starters during the forecast period. Due to their simple design, sturdy construction, minimal maintenance, and high compatibility, air starters are widely utilized in various industries. Over the next few years, this is expected to drive the air starter market. Because of their excellent dependability and durability, air starters are expected to become more popular in the marine and power generating industries during the forecast period. The growth of the oil and gas industry, the high demand for compacted engine opening devices due to their suitability for hazardous environments, approval in major end-user industries such as marine, mining, aviation, and oil and gas, and the high power to weight quotient in comparison to electric starters are all factors boosting the air starter demand across the globe. The availability of substitute items such as electric starters and variable frequency drives, as well as a high price in contrast to electric starters, are limiting the market growth. Nonetheless, with supportive factors such as growth in the aviation industry, the market is expected to rise rapidly through the forecast period.

Air Starter Market Segment Analysis:

Based on the Type, the Air Starter Market is segmented into Turbine starter and Vane starter. The Turbine Starter type segment held the largest market share, accounting for 67% in 2021, and continue to dominate the worldwide market over the forecast period. Thanks to their compatibility, simple design, healthy construction, and low preservation with all industrial applications, they are widely utilized in the industry. Air Starter Market Based on the End User, the Air Starter Market is segmented into Oil & Gas, Aviation, Mining, Marine, and Others. The Oil & gas segment held the largest market share, accounting for 29.1% in 2021. Air starters, which are utilized in upstream sectors as a power source to deliver the primary rotation to start diesel engines, are widely used in the oil and gas industry. Air starters, unlike electrical starters, produce great torque at lower rpm and require less maintenance. Furthermore, electrical starters are not recommended for businesses such as oil and gas, where the presence of highly combustible gases poses a constant risk of ignition. The worldwide upstream oil and gas sector generated roughly 4.97 Billion tonnes of crude oil and 4638.2 Billion cubic meters of natural gas in 2019. By 2030, oil demand is expected to reach about 105.4 million barrels per day, thanks to rising population and urbanization. The increase in oil demand is expected to stimulate investment, boosting the air starter industry through the forecast period.

Air Starter Market Regional Insights:

The North American region held the largest market share accounting for 34% in 2021. North America is one of the most important regions in the oil and gas, mining, and power generation industries. On a larger scale, these industries are anticipated to have a considerable number of air starter installations on gas turbines and diesel engines. Thanks to an increase in the number of oil and gas projects in nations like the United States, Canada, and Mexico. The US has one of the world's largest technically recoverable shale gas reserves and the world's second-largest tight oil reserves. The onshore oil and gas industry has benefited from technological advancements in hydraulic fracturing, resulting in a significant demand for air starters on diesel engines. Canada is also one of the world's top oil and gas producers. The oil and gas industry is vital to the economy of the country. Oil sands, which account for over 90% of the country's total oil reserves, remain the country's primary source of hydrocarbon production. According to the Canadian Association of Petroleum Producers (CAPP), oil production in Canada is predicted to exceed 5.4 billion barrels per day (bbl/d) in 2030, with oil sands accounting for 70.7% of total production. Aside from oil and gas, the region's electricity and mining sectors have seen tremendous expansion. With rising demand for energy and minerals, the region is expected to attract investment, allowing the market to grow through the forecast period. The objective of the report is to present a comprehensive analysis of the global Air Starter Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also help in understanding the Air Starter Market dynamic, structure by analyzing the market segments and projecting the Air Starter Market size. Clear representation of competitive analysis of key players by Design, price, financial position, product portfolio, growth strategies, and regional presence in the Air Starter Market make the report investor’s guide.

Air Starter Market Scope: Inquiry Before Buying

Air Starter Market
Report Coverage Details
Base Year: 2021 Forecast Period: 2022-2027
Historical Data: 2017 to 2021 Market Size in 2021: US $ 59.95 Bn.
Forecast Period 2022 to 2027 CAGR: 3.19% Market Size in 2027: US $ 89.37 Bn.
Segments Covered: by Type • Turbine starter • Vane starter
by End User • Oil & gas • Aviation • Mining • Marine • Others

Air Starter Market by Region

• North America • Europe • Asia Pacific • Latin America • The Middle East and Africa

Air Starter Market Key Players

• Gali Internacional SA • Ingersoll Rand Inc. • Power Force Technologies Pte Ltd, • Maradyne Corporation • Fokker • Energotech AG. • Domnick hunter-RL Co., Ltd. • KH Equipment Pty Ltd. • Tech Development Inc. (TDI) • Hilliard Corporation • Universal Starter, Inc. • Austart • Air Starter Components Inc. • Powerworks (Pty) Ltd. • Multi Torque Industries • Miller Air Starter Company Co. • Industrial Power Units Ltd Frequently Asked Questions: 1] What segments are covered in the Air Starter Market report? Ans. The segments covered in the Air Starter Market report are based on the Type and End User. 2] Which region is expected to hold the highest share in the Air Starter Market? Ans. The North American region is expected to hold the highest share in the Air Starter Market. 3] What is the market size of the Air Starter Market by 2027? Ans. The market size of the Air Starter Market by 2027 is expected to reach US$ 348.56 Mn. 4] What is the forecast period for the Air Starter Market? Ans. The forecast period for the Air Starter Market is 2022-2027. 5] What was the market size of the Air Starter Market in 2021? Ans. The market size of the Air Starter Market in 2021 was valued at US$ 288.70 Mn.
1. Global Air Starter Market Size: Research Methodology 2. Global Air Starter Market Size: Executive Summary 2.1. Market Overview and Definitions 2.1.1. Introduction to Global Air Starter Market Size 2.2. Summary 2.2.1. Key Findings 2.2.2. Recommendations for Investors 2.2.3. Recommendations for Market Leaders 2.2.4. Recommendations for New Market Entry 3. Global Air Starter Market Size: Competitive Analysis 3.1. MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2. Consolidation in the Market 3.2.1 M&A by region 3.3. Key Developments by Companies 3.4. Market Drivers 3.5. Market Restraints 3.6. Market Opportunities 3.7. Market Challenges 3.8. Market Dynamics 3.9. PORTERS Five Forces Analysis 3.10. PESTLE 3.11. Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 3.12. COVID-19 Impact 4. Global Air Starter Market Size Segmentation 4.1. Global Air Starter Market Size, by Type (2021-2027) • Turbine starter • Vane starter 4.2. Global Air Starter Market Size, by End User (2021-2027) • Oil & gas • Aviation • Mining • Marine • Others 5. North America Air Starter Market (2021-2027) 5.1. North America Air Starter Market Size, by Type (2021-2027) • Turbine starter • Vane starter 5.2. North America Air Starter Market Size by End User (2021-2027) • Oil & gas • Aviation • Mining • Marine • Others 5.3. North America Air Starter Market, by Country (2021-2027) • United States • Canada • Mexico 6. European Air Starter Market (2021-2027) 6.1. European Air Starter Market, by Type (2021-2027) 6.2. European Air Starter Market by End User (2021-2027) 6.3. European Air Starter Market, by Country (2021-2027) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 7. Asia Pacific Air Starter Market (2021-2027) 7.1. Asia Pacific Air Starter Market, by Type (2021-2027) 7.2. Asia Pacific Air Starter Market by End User (2021-2027) 7.3. Asia Pacific Air Starter Market, by Country (2021-2027) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 8. The Middle East and Africa Air Starter Market (2021-2027) 8.1. The Middle East and Africa Air Starter Market, by Type (2021-2027) 8.2. The Middle East and Africa Air Starter Market by End User (2021-2027) 8.3. The Middle East and Africa Air Starter Market, by Country (2021-2027) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 9. Latin America Air Starter Market (2021-2027) 9.1. Latin America Air Starter Market, by Type (2021-2027) 9.2. Latin America Air Starter Market by End User (2021-2027) 9.3. Latin America Air Starter Market, by Country (2021-2027) • Brazil • Argentina • Rest Of Latin America 10. Company Profile: Key players 10.1. Gali Internacional SA 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Ingersoll Rand Inc. 10.3. Power Force Technologies Pte Ltd, 10.4. Maradyne Corporation 10.5. Fokker 10.6. Energotech AG. 10.7. Domnick hunter-RL Co., Ltd. 10.8. KH Equipment Pty Ltd. 10.9. Tech Development Inc. (TDI) 10.10. Hilliard Corporation 10.11. Universal Starter, Inc. 10.12. Austart 10.13. Air Starter Components Inc. 10.14. Powerworks (Pty) Ltd. 10.15. Multi Torque Industries 10.16. Miller Air Starter Company Co. 10.17. Industrial Power Units Ltd

About This Report

Report ID 24802
Category Engineering Equipment
Published Date Jan 2020
Updated Date Mar 2022
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