Air Starter Market by Type (Vane Air Starter, Turbine Air Starter, Electric Air Starter), End User (Oil & Gas, Military & Aviation, Mining, Marine), & Region (North America, Europe, APAC, South America and Middle East & Africa) - Global Forecast to 2029
The Air Starter market is estimated to grow from USD 559 million by 2029 to an estimated USD 449 million in 2024, at a CAGR of 4.5% during the forecast period. Ongoing advancements in air starter technology, such as the use of enhanced materials and designs that improve durability and efficiency. Innovations such as the development of lighter and more compact starters with increased torque capabilities are particularly being focused. Unlike electric starters, air starters can withstand extreme temperatures and dusty environments and eliminate the risk of sparks. Further, expansion in key industries such as oil & gas, marine, and aviation significantly contributes to the increased adoption of air starters. These sectors largely use heavy equipment, which requires reliable and robust engine starting solutions to sustain their operations, making air starters an ideal choice.
“Turbine Air Starter segment is the largest segment of the air starter market, by type.”
The turbine air starter segment is the largest in the air starter market by type, driven by its extensive use in aviation and heavy machinery sectors. This segment's growth is attributed to the increasing demand for reliable and efficient starting solutions in high-performance applications, such as jet engines and large industrial gas turbines. The aerospace industry's expansion, along with the rising need for advanced starting mechanisms in military and commercial aircraft, significantly contributes to the turbine air starter segment's substantial market share. Additionally, technological advancements and the development of more efficient turbine air starters are further propelling the growth of this segment.
“Military & Aviation is expected to emerge as the Second largest segment based on End User segment.”
The military and aviation sector is expected to emerge as the second largest end-user of air starters during the forecast period. This growth is driven by the increasing demand for reliable and efficient starting solutions for commercial and military aircraft. Factors contributing to this growth include the expansion of military fleets, modernization of aircraft, and rising defense budgets in countries such as the US, China, and India. Additionally, advancements in air starter technology and the need for robust starting systems in critical applications further bolster the demand in this sector.
“North America is expected to emerge as the largest region based on Air Starter market.”
North America is expected to emerge as the largest region in the air starter market during the forecast period, driven by substantial investments in the aerospace and defense sectors, as well as significant industrial activities. The US, in particular, leads the region with its extensive fleet of commercial and military aircraft, which require reliable and efficient starting systems. Additionally, the presence of major air starter manufacturers and technological advancements in the region further boost market growth. The increasing focus on upgrading existing aircraft and industrial equipment also contributes to North America's dominant position in the global air starter market.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 45%, Tier 2- 30%, and Tier 3- 25%
By Designation: C-Level- 35%, Director Levels- 25%, and Others- 40%
By Region: North America- 25%, Europe- 30%, Asia Pacific- 25%, the Middle East & Africa- 12%, and South America- 8%
Note: Others include product engineers, product specialists, and engineering leads.
Note: The tiers of the companies are defined on the basis of their total revenues as of 2021. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
The Air Starter market is dominated by a few major players that have a wide regional presence. The leading players in the market are Ingersoll Rand (US), Caterpillar (US), Rheinmetall AG (Germany), and Honeywell International Inc. (US) among others
Research Coverage:
The report defines, describes, and forecasts the Air Starter market, by type, end user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the Air Starter market.
Key Benefits of Buying the Report
“Turbine Air Starter segment is the largest segment of the air starter market, by type.”
The turbine air starter segment is the largest in the air starter market by type, driven by its extensive use in aviation and heavy machinery sectors. This segment's growth is attributed to the increasing demand for reliable and efficient starting solutions in high-performance applications, such as jet engines and large industrial gas turbines. The aerospace industry's expansion, along with the rising need for advanced starting mechanisms in military and commercial aircraft, significantly contributes to the turbine air starter segment's substantial market share. Additionally, technological advancements and the development of more efficient turbine air starters are further propelling the growth of this segment.
“Military & Aviation is expected to emerge as the Second largest segment based on End User segment.”
The military and aviation sector is expected to emerge as the second largest end-user of air starters during the forecast period. This growth is driven by the increasing demand for reliable and efficient starting solutions for commercial and military aircraft. Factors contributing to this growth include the expansion of military fleets, modernization of aircraft, and rising defense budgets in countries such as the US, China, and India. Additionally, advancements in air starter technology and the need for robust starting systems in critical applications further bolster the demand in this sector.
“North America is expected to emerge as the largest region based on Air Starter market.”
North America is expected to emerge as the largest region in the air starter market during the forecast period, driven by substantial investments in the aerospace and defense sectors, as well as significant industrial activities. The US, in particular, leads the region with its extensive fleet of commercial and military aircraft, which require reliable and efficient starting systems. Additionally, the presence of major air starter manufacturers and technological advancements in the region further boost market growth. The increasing focus on upgrading existing aircraft and industrial equipment also contributes to North America's dominant position in the global air starter market.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 45%, Tier 2- 30%, and Tier 3- 25%
By Designation: C-Level- 35%, Director Levels- 25%, and Others- 40%
By Region: North America- 25%, Europe- 30%, Asia Pacific- 25%, the Middle East & Africa- 12%, and South America- 8%
Note: Others include product engineers, product specialists, and engineering leads.
Note: The tiers of the companies are defined on the basis of their total revenues as of 2021. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
The Air Starter market is dominated by a few major players that have a wide regional presence. The leading players in the market are Ingersoll Rand (US), Caterpillar (US), Rheinmetall AG (Germany), and Honeywell International Inc. (US) among others
Research Coverage:
The report defines, describes, and forecasts the Air Starter market, by type, end user, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates, in terms of value, and future trends in the Air Starter market.
Key Benefits of Buying the Report
- Growing end use industries, especially oil & gas and military and aviation industries are the major factor driving the growth of air starter market. Higher prices of these starters compared to the electric air starters is the restraining the growth up some extent. Rapidly growing industrialization, especially in the Asia Pacific region is the growth opportunity for air starters market.
- Product Development/ Innovation: Innovations in air starters include advancement in vane and turbine air starters with improved efficiency.
- Market Development: The development of more efficient air starters is essential to effectively cater to the customized demand of end use industries. Increased adoption of technologically advanced products propel innovation, creating a dynamic landscape for Air Starter technologies to meet evolving demands.
- Market Diversification: Market diversification in the Air Starter market is a response to varied needs across industries and regions. Air Starter manufacturers diversify their product offerings to cater to the specific requirements of different sectors, fostering market growth and resilience.
- Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players like Ingersoll Rand (US), Caterpillar (US), Rheinmetall AG (Germany), and Honeywell International Inc. (US) among others in the Air Starter market.
1 INTRODUCTION
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 AIR STARTER MARKET SEGMENTATION AND REGIONAL SCOPE
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 YEARS CONSIDERED
1.4 UNITS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH APPROACH
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.1.2 List of major secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Primary interviews with experts
2.1.2.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.3 AIR STARTER MARKET: DEMAND-SIDE ANALYSIS
2.2.3.1 Regional analysis
2.2.3.2 Country-level analysis
2.2.3.3 Demand-side assumptions
2.2.3.4 Demand-side calculations
2.2.4 AIR STARTER MARKET: SUPPLY-SIDE ANALYSIS
2.2.4.1 Supply-side assumptions
2.2.4.2 Supply-side calculations
2.2.5 GROWTH FORECAST
2.3 DATA TRIANGULATION
2.4 RISK ANALYSIS
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AIR STARTER MARKET
4.2 AIR STARTER MARKET IN NORTH AMERICA, BY TYPE AND COUNTRY
4.3 AIR STARTER MARKET, BY END-USE INDUSTRY
4.4 AIR STARTER MARKET, BY TYPE
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Thriving oil & gas and aviation sectors
5.2.1.2 Increasing deployment of air starters in hazardous industrial settings
5.2.2 RESTRAINTS
5.2.2.1 Higher costs than electric starters
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing focus on R&D and integration of new technologies
into air starters
5.2.4 CHALLENGES
5.2.4.1 Advancements in battery technology
5.3 CASE STUDY ANALYSIS
5.3.1 IPU SUPPLIES ADVANCED AIR STARTS TO POWER CATERPILLAR 3616 ENGINES AT PEARL GTL PLANT IN QATAR TO ENSURE SAFETY AND RELIABILITY
5.3.2 IPU DEPLOYS AIR STARTERS FOR GENERATORS AT SAKHALIN ISLAND LNG PLANT FOR RELIABLE POWER IN EXTREME CLIMATES
5.3.3 IPU IMPLEMENTS STARTERS FOR GENERATORS AT SAKHALIN ISLAND LNG PLANT FOR RELIABLE PERFORMANCE UNDER EXTREME CONDITIONS
5.4 INVESTMENT AND FUNDING SCENARIO
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.6 VALUE CHAIN ANALYSIS
5.7 ECOSYSTEM ANALYSIS
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGIES
5.8.1.1 Quick action relay sequencing valves
5.8.2 ADJACENT TECHNOLOGIES
5.8.2.1 Engine control units (ECUs)
5.9 TRADE ANALYSIS
5.9.1 IMPORT SCENARIO (HS CODE 841239)
5.9.2 EXPORT SCENARIO (HS CODE 841239)
5.10 PATENT ANALYSIS
5.11 KEY CONFERENCES AND EVENTS, 2024–2025
5.12 PRICING ANALYSIS
5.12.1 AVERAGE SELLING PRICE TREND OF AIR STARTERS, BY END-USE INDUSTRY
5.12.2 AVERAGE SELLING PRICE TREND OF AIR STARTERS, BY REGION
5.13 TARIFF AND REGULATORY LANDSCAPE
5.13.1 TARIFF ANALYSIS (HS CODE 841239)
5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.3 REGULATORY FRAMEWORK
5.14 PORTER’S FIVE FORCES ANALYSIS
5.14.1 THREAT OF NEW ENTRANTS
5.14.2 BARGAINING POWER OF SUPPLIERS
5.14.3 BARGAINING POWER OF BUYERS
5.14.4 THREAT OF SUBSTITUTES
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.15.2 BUYING CRITERIA
5.16 IMPACT OF GENERATIVE AI ON AIR STARTER MARKET
5.16.1 ADOPTION OF GENERATIVE AI/AI APPLICATIONS IN AIR STARTERS
5.16.2 IMPACT OF GENERATIVE AI/AI ON SUPPLY CHAIN, BY TYPE AND REGION
5.16.3 IMPACT OF AI ON AIR STARTER MARKET, BY REGION
6 AIR STARTER MARKET, BY TYPE
6.1 INTRODUCTION
6.2 TURBINE AIR STARTER
6.2.1 HIGH POWER-TO-WEIGHT RATIO AND LOW MAINTENANCE
REQUIREMENTS TO BOOST SEGMENTAL GROWTH
6.3 VANE AIR STARTER
6.3.1 SIMPLE DESIGN AND ABILITY TO DELIVER HIGH TORQUE AT LOW
SPEEDS TO FUEL SEGMENTAL GROWTH
6.4 ELECTRIC AIR STARTER
6.4.1 SUSTAINABILITY AND DEMAND FROM AVIATION SECTOR TO
BOOST MARKET GROWTH
7 AIR STARTER MARKET, BY END-USE INDUSTRY
7.1 INTRODUCTION
7.2 OIL & GAS
7.2.1 ONGOING OIL AND GAS EXPLORATION PROJECTS TO BOOST DEMAND
7.3 MILITARY & AVIATION
7.3.1 INCREASING MILITARY BUDGET AND AGING AVIATION FLEET TO
CREATE GROWTH OPPORTUNITIES
7.4 MARINE
7.4.1 SIGNIFICANT FOCUS ON IMPROVING OVERALL OPERATIONAL EFFECTIVENESS OF MARINE VESSELS TO FOSTER MARKET GROWTH
7.5 MINING
7.5.1 SURGING ADOPTION OF SUSTAINABLE MINING SOLUTIONS TO
CONTRIBUTE TO MARKET GROWTH
7.6 OTHERS
8 AIR STARTER MARKET, BY REGION
8.1 INTRODUCTION
8.2 NORTH AMERICA
8.2.1 US
8.2.1.1 Steady growth in air travel demand to support market growth
8.2.2 CANADA
8.2.2.1 Significant focus of industrial players on reducing production delays and equipment maintenance costs to boost demand
8.2.3 MEXICO
8.2.3.1 Presence of oil and gas reserves in offshore areas to accelerate market growth
8.3 EUROPE
8.3.1 GERMANY
8.3.1.1 Robust automotive industry to boost adoption
8.3.2 UK
8.3.2.1 Transition toward clean energy to create growth opportunities
8.3.3 ITALY
8.3.3.1 Robust growth in energy sector to fuel market growth
8.3.4 FRANCE
8.3.4.1 Elevating demand for electric vehicles to create growth potential
8.3.5 RUSSIA
8.3.5.1 Presence of extensive mineral sources and robust mining
industry to fuel demand
8.3.6 REST OF EUROPE
8.4 ASIA PACIFIC
8.4.1 CHINA
8.4.1.1 Airport and power plant expansion projects in country to fuel
market growth
8.4.2 JAPAN
8.4.2.1 Surging demand from automotive, aerospace, and oil & gas
sectors to contribute to market growth
8.4.3 INDIA
8.4.3.1 Government's emphasis on increasing power generation
capacity to foster market growth
8.4.4 SOUTH KOREA
8.4.4.1 Elevating demand for large ships and vessels to augment
market growth
8.4.5 AUSTRALIA
8.4.5.1 Growing oil and gas exploration activities to create opportunities
for air starter providers
8.4.6 REST OF ASIA PACIFIC
8.5 MIDDLE EAST & AFRICA
8.5.1 GCC
8.5.1.1 Saudi Arabia
8.5.1.1.1 Significant demand from major airlines to fuel
market growth
8.5.1.2 UAE
8.5.1.2.1 Reserves of oil and gas in offshore fields to boost demand
8.5.1.3 Rest of GCC
8.5.2 SOUTH AFRICA
8.5.2.1 Robust mining sector to support market growth
8.5.3 NIGERIA
8.5.3.1 Increasing airline investments in fleet modernization to
support market growth
8.5.4 REST OF MIDDLE EAST & AFRICA
8.6 SOUTH AMERICA
8.6.1 BRAZIL
8.6.1.1 Rising focus on energy expansion capacity to create growth opportunities
8.6.2 ARGENTINA
8.6.2.1 Development and modernization of ports to support market growth
8.6.3 REST OF SOUTH AMERICA
9 COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2023
9.3 MARKET SHARE ANALYSIS, 2023
9.4 REVENUE ANALYSIS, 2019–2023
9.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
9.5.1 STARS
9.5.2 EMERGING LEADERS
9.5.3 PERVASIVE PLAYERS
9.5.4 PARTICIPANTS
9.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
9.5.5.1 Company footprint
9.5.5.2 Region footprint
9.5.5.3 Type footprint
9.5.5.4 End-use industry footprint
9.6 COMPANY VALUATION AND FINANCIAL METRICS
9.7 BRAND/PRODUCT COMPARISON
9.8 COMPETITIVE SCENARIO AND TRENDS
9.8.1 PRODUCT LAUNCHES
9.8.2 DEALS
10 COMPANY PROFILES
10.1 KEY PLAYERS
10.1.1 INGERSOLL RAND
10.1.1.1 Business overview
10.1.1.2 Products/Solutions/Services offered
10.1.1.3 Recent developments
10.1.1.3.1 Product launches
10.1.1.4 MnM view
10.1.1.4.1 Key strategies/Right to win
10.1.1.4.2 Strategic choices
10.1.1.4.3 Weaknesses/Competitive threats
10.1.2 CATERPILLAR
10.1.2.1 Business overview
10.1.2.2 Products/Solutions/Services offered
10.1.2.3 MnM view
10.1.2.3.1 Key strategies/Right to win
10.1.2.3.2 Strategic choices
10.1.2.3.3 Weaknesses/Competitive threats
10.1.3 RHEINMETALL AG
10.1.3.1 Business overview
10.1.3.2 Products/Services/Solutions offered
10.1.3.3 Recent developments
10.1.3.3.1 Deals
10.1.3.4 MnM view
10.1.3.4.1 Key strategies/Right to win
10.1.3.4.2 Strategic choices
10.1.3.4.3 Weaknesses/Competitive threats
10.1.4 HONEYWELL INTERNATIONAL INC.
10.1.4.1 Business overview
10.1.4.2 Products/Services/Solutions offered
10.1.4.3 MnM view
10.1.4.3.1 Key strategies/Right to win
10.1.4.3.2 Strategic choices
10.1.4.3.3 Weaknesses/Competitive threats
10.1.5 MARADYNE
10.1.5.1 Business overview
10.1.5.2 Products/Services/Solutions offered
10.1.6 KH EQUIPMENT
10.1.6.1 Business overview
10.1.6.2 Products/Services/Solutions offered
10.1.7 GALI
10.1.7.1 Business overview
10.1.7.2 Products/Services/Solutions offered
10.1.8 SPICO
10.1.8.1 Business overview
10.1.8.2 Products/Services/Solutions offered
10.1.9 POWER WORKS (PTY) LTD.
10.1.9.1 Business overview
10.1.9.2 Products/Services/Solutions offered
10.1.10 MASCO
10.1.10.1 Business overview
10.1.10.2 Products/Services/Solutions offered
10.1.11 INDUSTRIAL POWER UNITS LTD
10.1.11.1 Business overview
10.1.11.2 Products/Services/Solutions offered
10.1.12 TLD
10.1.12.1 Business overview
10.1.12.2 Products/Services/Solutions offered
10.1.13 GUINAULT
10.1.13.1 Business overview
10.1.13.2 Products/Services/Solutions offered
10.1.14 TEXTRON SPECIALIZED VEHICLES
10.1.14.1 Business overview
10.1.14.2 Products/Services/Solutions offered
10.1.15 JETALL
10.1.15.1 Business overview
10.1.15.2 Products/Services/Solutions offered
10.1.16 YSWINCH.COM
10.1.16.1 Business overview
10.1.16.2 Products/Services/Solutions offered
10.1.17 HILLIARD CORPORATION
10.1.17.1 Business overview
10.1.17.2 Products/Services/Solutions offered
10.1.18 TDI
10.1.18.1 Business overview
10.1.18.2 Products/Services/Solutions offered
10.1.19 MAK CONTROLS
10.1.19.1 Business overview
10.1.19.2 Products/Services/Solutions offered
10.1.20 DЬSTERLOH FLUIDTECHNIK GMBH
10.1.20.1 Business overview
10.1.20.2 Products/Services/Solutions offered
10.1.21 SAFRAN
10.1.21.1 Business overview
10.1.21.2 Products/Services/Solutions offered
11 APPENDIX
11.1 INSIGHTS FROM INDUSTRY EXPERTS
11.2 DISCUSSION GUIDE
11.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
11.4 CUSTOMIZATION OPTIONS
11.5 RELATED REPORTS
11.6 AUTHOR DETAILS
1.1 STUDY OBJECTIVES
1.2 MARKET DEFINITION
1.3 STUDY SCOPE
1.3.1 AIR STARTER MARKET SEGMENTATION AND REGIONAL SCOPE
1.3.2 INCLUSIONS AND EXCLUSIONS
1.3.3 YEARS CONSIDERED
1.4 UNITS CONSIDERED
1.5 CURRENCY CONSIDERED
1.6 LIMITATIONS
1.7 STAKEHOLDERS
1.8 SUMMARY OF CHANGES
2 RESEARCH METHODOLOGY
2.1 RESEARCH APPROACH
2.1.1 SECONDARY DATA
2.1.1.1 Key data from secondary sources
2.1.1.2 List of major secondary sources
2.1.2 PRIMARY DATA
2.1.2.1 Key data from primary sources
2.1.2.2 Key industry insights
2.1.2.3 Primary interviews with experts
2.1.2.4 Breakdown of primaries
2.2 MARKET SIZE ESTIMATION METHODOLOGY
2.2.1 BOTTOM-UP APPROACH
2.2.2 TOP-DOWN APPROACH
2.2.3 AIR STARTER MARKET: DEMAND-SIDE ANALYSIS
2.2.3.1 Regional analysis
2.2.3.2 Country-level analysis
2.2.3.3 Demand-side assumptions
2.2.3.4 Demand-side calculations
2.2.4 AIR STARTER MARKET: SUPPLY-SIDE ANALYSIS
2.2.4.1 Supply-side assumptions
2.2.4.2 Supply-side calculations
2.2.5 GROWTH FORECAST
2.3 DATA TRIANGULATION
2.4 RISK ANALYSIS
2.5 RESEARCH ASSUMPTIONS
2.6 RESEARCH LIMITATIONS
3 EXECUTIVE SUMMARY
4 PREMIUM INSIGHTS
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN AIR STARTER MARKET
4.2 AIR STARTER MARKET IN NORTH AMERICA, BY TYPE AND COUNTRY
4.3 AIR STARTER MARKET, BY END-USE INDUSTRY
4.4 AIR STARTER MARKET, BY TYPE
5 MARKET OVERVIEW
5.1 INTRODUCTION
5.2 MARKET DYNAMICS
5.2.1 DRIVERS
5.2.1.1 Thriving oil & gas and aviation sectors
5.2.1.2 Increasing deployment of air starters in hazardous industrial settings
5.2.2 RESTRAINTS
5.2.2.1 Higher costs than electric starters
5.2.3 OPPORTUNITIES
5.2.3.1 Increasing focus on R&D and integration of new technologies
into air starters
5.2.4 CHALLENGES
5.2.4.1 Advancements in battery technology
5.3 CASE STUDY ANALYSIS
5.3.1 IPU SUPPLIES ADVANCED AIR STARTS TO POWER CATERPILLAR 3616 ENGINES AT PEARL GTL PLANT IN QATAR TO ENSURE SAFETY AND RELIABILITY
5.3.2 IPU DEPLOYS AIR STARTERS FOR GENERATORS AT SAKHALIN ISLAND LNG PLANT FOR RELIABLE POWER IN EXTREME CLIMATES
5.3.3 IPU IMPLEMENTS STARTERS FOR GENERATORS AT SAKHALIN ISLAND LNG PLANT FOR RELIABLE PERFORMANCE UNDER EXTREME CONDITIONS
5.4 INVESTMENT AND FUNDING SCENARIO
5.5 TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
5.6 VALUE CHAIN ANALYSIS
5.7 ECOSYSTEM ANALYSIS
5.8 TECHNOLOGY ANALYSIS
5.8.1 KEY TECHNOLOGIES
5.8.1.1 Quick action relay sequencing valves
5.8.2 ADJACENT TECHNOLOGIES
5.8.2.1 Engine control units (ECUs)
5.9 TRADE ANALYSIS
5.9.1 IMPORT SCENARIO (HS CODE 841239)
5.9.2 EXPORT SCENARIO (HS CODE 841239)
5.10 PATENT ANALYSIS
5.11 KEY CONFERENCES AND EVENTS, 2024–2025
5.12 PRICING ANALYSIS
5.12.1 AVERAGE SELLING PRICE TREND OF AIR STARTERS, BY END-USE INDUSTRY
5.12.2 AVERAGE SELLING PRICE TREND OF AIR STARTERS, BY REGION
5.13 TARIFF AND REGULATORY LANDSCAPE
5.13.1 TARIFF ANALYSIS (HS CODE 841239)
5.13.2 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS
5.13.3 REGULATORY FRAMEWORK
5.14 PORTER’S FIVE FORCES ANALYSIS
5.14.1 THREAT OF NEW ENTRANTS
5.14.2 BARGAINING POWER OF SUPPLIERS
5.14.3 BARGAINING POWER OF BUYERS
5.14.4 THREAT OF SUBSTITUTES
5.14.5 INTENSITY OF COMPETITIVE RIVALRY
5.15 KEY STAKEHOLDERS AND BUYING CRITERIA
5.15.1 KEY STAKEHOLDERS IN BUYING PROCESS
5.15.2 BUYING CRITERIA
5.16 IMPACT OF GENERATIVE AI ON AIR STARTER MARKET
5.16.1 ADOPTION OF GENERATIVE AI/AI APPLICATIONS IN AIR STARTERS
5.16.2 IMPACT OF GENERATIVE AI/AI ON SUPPLY CHAIN, BY TYPE AND REGION
5.16.3 IMPACT OF AI ON AIR STARTER MARKET, BY REGION
6 AIR STARTER MARKET, BY TYPE
6.1 INTRODUCTION
6.2 TURBINE AIR STARTER
6.2.1 HIGH POWER-TO-WEIGHT RATIO AND LOW MAINTENANCE
REQUIREMENTS TO BOOST SEGMENTAL GROWTH
6.3 VANE AIR STARTER
6.3.1 SIMPLE DESIGN AND ABILITY TO DELIVER HIGH TORQUE AT LOW
SPEEDS TO FUEL SEGMENTAL GROWTH
6.4 ELECTRIC AIR STARTER
6.4.1 SUSTAINABILITY AND DEMAND FROM AVIATION SECTOR TO
BOOST MARKET GROWTH
7 AIR STARTER MARKET, BY END-USE INDUSTRY
7.1 INTRODUCTION
7.2 OIL & GAS
7.2.1 ONGOING OIL AND GAS EXPLORATION PROJECTS TO BOOST DEMAND
7.3 MILITARY & AVIATION
7.3.1 INCREASING MILITARY BUDGET AND AGING AVIATION FLEET TO
CREATE GROWTH OPPORTUNITIES
7.4 MARINE
7.4.1 SIGNIFICANT FOCUS ON IMPROVING OVERALL OPERATIONAL EFFECTIVENESS OF MARINE VESSELS TO FOSTER MARKET GROWTH
7.5 MINING
7.5.1 SURGING ADOPTION OF SUSTAINABLE MINING SOLUTIONS TO
CONTRIBUTE TO MARKET GROWTH
7.6 OTHERS
8 AIR STARTER MARKET, BY REGION
8.1 INTRODUCTION
8.2 NORTH AMERICA
8.2.1 US
8.2.1.1 Steady growth in air travel demand to support market growth
8.2.2 CANADA
8.2.2.1 Significant focus of industrial players on reducing production delays and equipment maintenance costs to boost demand
8.2.3 MEXICO
8.2.3.1 Presence of oil and gas reserves in offshore areas to accelerate market growth
8.3 EUROPE
8.3.1 GERMANY
8.3.1.1 Robust automotive industry to boost adoption
8.3.2 UK
8.3.2.1 Transition toward clean energy to create growth opportunities
8.3.3 ITALY
8.3.3.1 Robust growth in energy sector to fuel market growth
8.3.4 FRANCE
8.3.4.1 Elevating demand for electric vehicles to create growth potential
8.3.5 RUSSIA
8.3.5.1 Presence of extensive mineral sources and robust mining
industry to fuel demand
8.3.6 REST OF EUROPE
8.4 ASIA PACIFIC
8.4.1 CHINA
8.4.1.1 Airport and power plant expansion projects in country to fuel
market growth
8.4.2 JAPAN
8.4.2.1 Surging demand from automotive, aerospace, and oil & gas
sectors to contribute to market growth
8.4.3 INDIA
8.4.3.1 Government's emphasis on increasing power generation
capacity to foster market growth
8.4.4 SOUTH KOREA
8.4.4.1 Elevating demand for large ships and vessels to augment
market growth
8.4.5 AUSTRALIA
8.4.5.1 Growing oil and gas exploration activities to create opportunities
for air starter providers
8.4.6 REST OF ASIA PACIFIC
8.5 MIDDLE EAST & AFRICA
8.5.1 GCC
8.5.1.1 Saudi Arabia
8.5.1.1.1 Significant demand from major airlines to fuel
market growth
8.5.1.2 UAE
8.5.1.2.1 Reserves of oil and gas in offshore fields to boost demand
8.5.1.3 Rest of GCC
8.5.2 SOUTH AFRICA
8.5.2.1 Robust mining sector to support market growth
8.5.3 NIGERIA
8.5.3.1 Increasing airline investments in fleet modernization to
support market growth
8.5.4 REST OF MIDDLE EAST & AFRICA
8.6 SOUTH AMERICA
8.6.1 BRAZIL
8.6.1.1 Rising focus on energy expansion capacity to create growth opportunities
8.6.2 ARGENTINA
8.6.2.1 Development and modernization of ports to support market growth
8.6.3 REST OF SOUTH AMERICA
9 COMPETITIVE LANDSCAPE
9.1 OVERVIEW
9.2 KEY PLAYER STRATEGIES/RIGHT TO WIN, 2021–2023
9.3 MARKET SHARE ANALYSIS, 2023
9.4 REVENUE ANALYSIS, 2019–2023
9.5 COMPANY EVALUATION MATRIX: KEY PLAYERS, 2023
9.5.1 STARS
9.5.2 EMERGING LEADERS
9.5.3 PERVASIVE PLAYERS
9.5.4 PARTICIPANTS
9.5.5 COMPANY FOOTPRINT: KEY PLAYERS, 2023
9.5.5.1 Company footprint
9.5.5.2 Region footprint
9.5.5.3 Type footprint
9.5.5.4 End-use industry footprint
9.6 COMPANY VALUATION AND FINANCIAL METRICS
9.7 BRAND/PRODUCT COMPARISON
9.8 COMPETITIVE SCENARIO AND TRENDS
9.8.1 PRODUCT LAUNCHES
9.8.2 DEALS
10 COMPANY PROFILES
10.1 KEY PLAYERS
10.1.1 INGERSOLL RAND
10.1.1.1 Business overview
10.1.1.2 Products/Solutions/Services offered
10.1.1.3 Recent developments
10.1.1.3.1 Product launches
10.1.1.4 MnM view
10.1.1.4.1 Key strategies/Right to win
10.1.1.4.2 Strategic choices
10.1.1.4.3 Weaknesses/Competitive threats
10.1.2 CATERPILLAR
10.1.2.1 Business overview
10.1.2.2 Products/Solutions/Services offered
10.1.2.3 MnM view
10.1.2.3.1 Key strategies/Right to win
10.1.2.3.2 Strategic choices
10.1.2.3.3 Weaknesses/Competitive threats
10.1.3 RHEINMETALL AG
10.1.3.1 Business overview
10.1.3.2 Products/Services/Solutions offered
10.1.3.3 Recent developments
10.1.3.3.1 Deals
10.1.3.4 MnM view
10.1.3.4.1 Key strategies/Right to win
10.1.3.4.2 Strategic choices
10.1.3.4.3 Weaknesses/Competitive threats
10.1.4 HONEYWELL INTERNATIONAL INC.
10.1.4.1 Business overview
10.1.4.2 Products/Services/Solutions offered
10.1.4.3 MnM view
10.1.4.3.1 Key strategies/Right to win
10.1.4.3.2 Strategic choices
10.1.4.3.3 Weaknesses/Competitive threats
10.1.5 MARADYNE
10.1.5.1 Business overview
10.1.5.2 Products/Services/Solutions offered
10.1.6 KH EQUIPMENT
10.1.6.1 Business overview
10.1.6.2 Products/Services/Solutions offered
10.1.7 GALI
10.1.7.1 Business overview
10.1.7.2 Products/Services/Solutions offered
10.1.8 SPICO
10.1.8.1 Business overview
10.1.8.2 Products/Services/Solutions offered
10.1.9 POWER WORKS (PTY) LTD.
10.1.9.1 Business overview
10.1.9.2 Products/Services/Solutions offered
10.1.10 MASCO
10.1.10.1 Business overview
10.1.10.2 Products/Services/Solutions offered
10.1.11 INDUSTRIAL POWER UNITS LTD
10.1.11.1 Business overview
10.1.11.2 Products/Services/Solutions offered
10.1.12 TLD
10.1.12.1 Business overview
10.1.12.2 Products/Services/Solutions offered
10.1.13 GUINAULT
10.1.13.1 Business overview
10.1.13.2 Products/Services/Solutions offered
10.1.14 TEXTRON SPECIALIZED VEHICLES
10.1.14.1 Business overview
10.1.14.2 Products/Services/Solutions offered
10.1.15 JETALL
10.1.15.1 Business overview
10.1.15.2 Products/Services/Solutions offered
10.1.16 YSWINCH.COM
10.1.16.1 Business overview
10.1.16.2 Products/Services/Solutions offered
10.1.17 HILLIARD CORPORATION
10.1.17.1 Business overview
10.1.17.2 Products/Services/Solutions offered
10.1.18 TDI
10.1.18.1 Business overview
10.1.18.2 Products/Services/Solutions offered
10.1.19 MAK CONTROLS
10.1.19.1 Business overview
10.1.19.2 Products/Services/Solutions offered
10.1.20 DЬSTERLOH FLUIDTECHNIK GMBH
10.1.20.1 Business overview
10.1.20.2 Products/Services/Solutions offered
10.1.21 SAFRAN
10.1.21.1 Business overview
10.1.21.2 Products/Services/Solutions offered
11 APPENDIX
11.1 INSIGHTS FROM INDUSTRY EXPERTS
11.2 DISCUSSION GUIDE
11.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL
11.4 CUSTOMIZATION OPTIONS
11.5 RELATED REPORTS
11.6 AUTHOR DETAILS
