Market Size in 2023 | Market Forecast in 2032 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 439.57 Million | USD 753.43 Million | CAGR at 6.17% | 2023 |
According to the report published by Zion Market Research, the global Air Starter Market size was valued at USD 439.57 Million in 2023 and is predicted to reach USD 753.43 Million by the end of 2032. The market is expected to grow with a CAGR of 6.17% during the forecast period. The report analyzes the global Air Starter Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Air Starter Market industry.
An air-start method is a source of power used to supply the primary rotation to begin gas turbine engines and large diesel. In comparison to a petrol engine; a Diesel engine has a huge compression quotient, an important design characteristic, as it is considered as the high temperature of compression that flames the fuel. An electric starter with adequate power to "eccentric" a huge diesel engine would itself be so huge as to be not viable; thus, it is a call for an alternative system. While starting the engine, condensed air is admitted to any cylinder, which has a piston over top dead in the midpoint, forcing it down. As the engine starts to rotate, the air-start regulator on the subsequent cylinder in line opens to carry on the rotary motion. After quite a few rotations, fuel is penetrated into the cylinders, the engine begins running and the air starts cutting off.
The most important factor that is motivating the demand in the market is the application of turbine engines in military aircraft and business. Utilization of air starter is now increasing in aircraft process. Numerous distinctions of aircraft engine opening have been developed since the Wright brothers organized their primary powered flight in 1903.
Further growth factors that are affecting the global air starter’s demand are the growth of oil & gas industry, huge demand of compacted engine opening devices because of appropriateness to unsafe surroundings, approval in major end-user industries such as marine, mining, aviation, and oil & gas, high power to weight quotient in comparison to electric starter. The market has a few hampering growth factors, which are unconstructively affecting the growth of the global air starter market. The limiting factors are the existence of substitute goods such as electric starters, changeable frequency drives, and high price in comparison to electric starters. The market is anticipated to develop high growth in the coming future with the sustaining factors, for instance, growth in the aviation industry.
The global air starter market is segmented on the account of end users and type.
As per the end users, the global market is divided into aviation, marine, mining, oil and gas, and other end users. The oil and gas industry is the utmost end-user section for air starters, due to the high scale application of huge equipment and explosive atmosphere. Aviation, marine, and mining industries are the further main end-users that utilize air starters.This development is contributed to growing air traffic and venture in civil as well as military aviation.
As per the type, the global market is divided into turbine starter and vane starter. Turbine starter section is anticipated to comprise the main segment of the global air starter market. They are widely used in the industry, because of compatibility, simple design, healthy construction and low preservation with all industrial applications.
Report Attributes | Report Details |
---|---|
Report Name | Air Starter Market Research Report |
Market Size in 2023 | USD 439.57 Million |
Market Forecast in 2032 | USD 753.43 Million |
Growth Rate | CAGR of 6.17% |
Number of Pages | 196 |
Key Companies Covered | Air Starter Components, Inc., Maradyne Corporation, Tech Development (TDI), Gali Internacional, and KH Equipment Pty Ltd. Other players operating in the market include Shin Hueng Precision Co., Ltd., Powerworks (Pty) Ltd., Multi Torque Industries, Miller Air Starter Company Co., and Industrial Power Units Ltd. (IPU GROUP) |
Segments Covered | By End users, By Type and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2023 |
Historical Year | 2018 to 2022 |
Forecast Year | 2024 - 2032 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
Global Air Starter Market: Regional Analysis
Growing inclination towards these devices in large engine-starting applications is the key factor for the development of the North American region. North America is considered as the most dominating region for the global air starters market because of the huge recognition of the global air starters in this region. The US is considered as the major contributor to the development of the air starter market in North America region. The region has experienced increasing demand for the global air starters; this progress is expected to develop in the coming future since activities in key end-user industries are increasing. Rising demand for compacted engine-starting equipment joined with compatibility to potentially harmful and volatile atmosphere would potentially develop the demand for air starters in this region.
Major players in the global air starter market include:
Other players operating in the market include
By End users
By Type
Global Air Starter Market: Regional Segment Analysis
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