Air Starters Market Share, Distributor Analysis and Development Trends 2022
The Air
Starter Market is expected to grow at a considerable CAGR globally over
the forecast period. Key drivers for this market are the compact size of air
starters; compared to electric starters, and their ability to work in unsafe
conditions. They also have higher power to weight ratio and require less
maintenance compared to electric starters. Burgeoning oil & gas sector and
aviation industry will open new avenues for this market on the forecast
horizon.
The requirement of safe engine starting equipment in mining and
offshore oil & gas industries will further augment this market. On the
other hand, factors like steep prices of air starters, availability of cheaper
alternatives like electric starters and variable frequency drives (VFDs), and
grey markets providing inexpensive products are hindering market growth.
Extensive applications of the competing battery technology will also pose to be
a challenge in foreseeable future. The market ecosystem consists of OEMs (air
starter, air tank, piping, compression medium), distributors and suppliers, end
user industries, and the aftermarket services. As the air starter market caters
to various industries including aviation, oil & gas, marine, and mining; it
is a horizontal market consisting of various upstream and downstream industry
verticals.
Air starters can be for vane motors or turbine motors. Vane air starters
work on the principle of positive displacement, while turbine air starters
consist of a radial inward flow or axial flow turbine. The compressed air for
air starters can be provided by bleed air from a running engine, auxiliary
power unit (APU), or a portable gas generator. When a limited volume of
starting air is required for a short crank cycle, vane starters are used. On
the other hand, when large amount of starting air is available for a longer
crank cycle, turbine starters are used. Air starters in general have larger
operational life compared to electric starters. They have higher reliability,
lighter weight, and are easier to build. Due to their simple and modular
design, turbine air starters are preferred for large turbofan engines used in aircrafts.
The Air Starter Market is segmented on the basis of end user industry, type, and the
geographical region. The segments based on end user industry are aviation, oil
& gas, marine, and mining. The types of air starters are vane air starters
and turbine air starters. The geographical regions for this market are North
America, Europe, Asia Pacific, South America, and Middle East & Africa.
Oil & gas industry currently holds the largest market share;
with North America on the forefront. This can be attributed to the prolific use
of air starters in mining and offshore oil & gas industries hue to their
explosion proof operation and compact design. This trend is expected to
continue in foreseeable future. On the other hand, the burgeoning demand for
air starters for commercial and military aircrafts will result in the aviation
industry having a stronghold on the market over the forecast period. Turbine
starters have the highest demand and are deemed to dominate the market over the
forecast period also; particularly in Europe and North America. Currently,
North America has a chunk of the air starter market.
Key players in the air starter market are Gali International,
Ingersoll Rand, Tech Development TDI, Maradyne Corporation, KH Equipment Pvt
Ltd, Air Starter Components Inc, Power Works Private Ltd, Shin Hueng Precision
Co Ltd, Industrial Power Units Ltd, Miller Air Starter Co, Multitorque
industries, Diehl Aerosystems Holding GmBH, and SAIC. The air starters market
is a part of the larger parent market of air ground handling systems.
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