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Global Air Starter Market Size Study, by Type (Vane Air Starters, Turbine Air Starters, Electric Air Starters), by End User (Oil & Gas, Military & Aviation, Mining, Marine, Others), and Regional Forecasts 2024-2032

Global Air Starter Market Size Study, by Type (Vane Air...

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Global Air Starter Market Size Study, by Type (Vane Air Starters, Turbine Air Starters, Electric Air Starters), by End User (Oil & Gas, Military & Aviation, Mining, Marine, Others), and Regional Forecasts 2024-2032
Global Air Starter Market Size...
Report Code
RO8/103/1850

Publish Date
16/Oct/2024

Pages
200
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Global Air Starter Market is valued at approximately USD 429.67 million in 2023 and is anticipated to grow with a healthy growth rate of more than 4.5% over the forecast period 2024-2032. An air starter is a device used to initiate the starting process of large diesel engines and gas turbines by utilizing compressed air to generate rotational force, which is then transmitted to the engine's crankshaft. This method is favored over electric starters due to its reliability, power, and suitability in harsh environments. Air starters are commonly found in heavy-duty equipment such as construction machinery, mining vehicles, and large industrial engines.

The market growth for air starters is primarily driven by the increasing industrialization and the expanding end-use industries such as oil & gas, military & aviation, and marine. The demand for air starters is surging due to their safety and reliability in heavy industrial applications, especially in hazardous environments like the oil & gas sector. Furthermore, advancements in air starter technology, including the use of enhanced materials and designs that improve durability, efficiency, and torque capabilities, are propelling the market forward.

However, the higher costs associated with air starters compared to electric starters pose a significant challenge to market growth. The complexity of the system, materials used, and safety features contribute to the higher cost, limiting the usage of air starters to specific applications where size and safety considerations outweigh cost concerns. Despite this, opportunities for growth exist due to the increasing industrialization and stringent environmental regulations, which encourage the adoption of air starters over conventional electric starters.

Key regions considered in the global air starter market study include Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is a dominating region in the air starter market in terms of revenue. The market growth in the region is being attributed to factors including robust oil and gas industry, growing demand for heavy-duty equipment in construction and mining, and the expansion of the aviation sector. Additionally, the preference for reliable and efficient starting solutions in harsh environments, coupled with safety regulations, is driving market growth. Asia Pacific is expected to be the fastest-growing region in the air starter market, driven by significant economic development and industrialization in countries like China and India. The region's expanding oil & gas activities, coupled with the growing aviation sector, are key drivers of demand for air starters.

Major market players included in this report are:
Ingersoll Rand (US)
Caterpillar (US)
Rheinmetall AG (Germany)
Honeywell International Inc. (US)
TLD (France)
Maradyne (US)
SPICO (South Korea)
JetAll (US)
Guinalt (France)
MASCO (US)
KH Equipment (Australia)
TDI (US)
Hilliard Corporation (US)
Textron Specialized Vehicles (US)
YSwinch.com (China)
The detailed segments and sub-segments of the market are explained below:
By Type:
Vane Air Starters
Turbine Air Starters
Electric Air Starters
By End User:
Oil & Gas
Military & Aviation
Mining
Marine
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
RoLA
Middle East & Africa
Saudi Arabia
South Africa
RoMEA
Years considered for the study are as follows:
Historical year - 2022
Base year - 2023
Forecast period - 2024 to 2032
Key Takeaways:
Market Estimates & Forecast for 10 years from 2022 to 2032.
Annualized revenues and regional level analysis for each market segment.
Detailed analysis of geographical landscape with country-level analysis of major regions.
Competitive landscape with information on major players in the market.
Analysis of key business strategies and recommendations on future market approach.
Analysis of competitive structure of the market.
Demand-side and supply-side analysis of the market.

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