The global air starter market is expected to grow with the CAGR of 4% during the forecasted period and the revenue is estimated to grow approximately $417 million by 2022. An air-start system is an energy source utilized to give the initial rotation to start gas turbine and large diesel. As compared to gasoline (petrol) engine, a Diesel engine has a very high compression ratio, a crucial design nature, as it is the high temperature of compression that ignites the oil.
The major factor that is driving the demand is application of turbine engines in commercial & military aircraft. Use of Air starter is now growing in aircraft operations. Several variations of aircraft engine starting have been utilized since the Wright brothers prepared their initial powered flight in 1903. The procedures used have been intended for reliability, simplicity of operations and weight saving. In Older times, piston engines were started by hand, by electrical, geared hand starting, and cartridge-operated systems for higher engines being developed among the wars.
More factors that are affecting the demand for the air starters are growth of oil & gas industry, high demand of compact engine starting devices due to suitability to hazardous surroundings, adoption in major end user industries such as aviation, mining, marine and oil & gas, higher power to weight ratio as compared to electric starter. The market has some hindering factors, which are negatively affecting the market demand. The restraining factors are Presence of substitute products such as variable frequency drives, electric starters and high cost as compared to electric starters. The market is expected to grow high in future with the supporting factors such as growth of aviation industry. The market is facing a challenge i.e. growing innovations in variable frequency drives.
The Global air starter market is segmented on the basis of end users and type. According to end users, the market is segmented into mining, aviation, oil and gas, marine and other end users. The oil & gas industry is the highest end-user segment for air starters, owing to the high scale application of large equipment in the potentially space-constrained and explosive environment. Marine, Aviation and Mining industries are the further major end-users that uses air starters. The aviation industry is estimated to grow with the largest CAGR in the forecasted period. This growth is contributed to increasing air traffic and investment in civil and military aviation.
According to type, the market is segmented into Vane Starter & Turbine Starter. Turbine starter segment is expected to comprise the highest segment of the air starter market. They are extensively used within the industry, due to easier design, compatibility, robust construction and low maintenance with about all industrial applications. Key end-user industries such as marine, mining, aviation and oil & gas uses turbine starters for varied applications. Vane starters represent a very small share, and are forecasted to increase at a sluggish rate rather than turbine starter market.
The North American region is dominating the air starters market due to huge acceptance of air starters in the region. Increasing preference for these devices in large-size engine-starting applications is key reason for the growth of the North American region. The US is the major contributor to the increase of the air starter market in North America. The region has observed increasing demand for air starters; this movement is estimated to constant in the future since activities in key end-user industries are rising. Growing demand for compact engine-starting devices combined with compatibility to potentially hazardous and explosive environments would potentially to grow the demand for air starters in the region.
