Global Air Starter Market Overview:
Diesel and gas turbine engines require a substantial source of energy to start them going. In every vehicle, including agricultural machinery, the first shock they need to power up initiates the spinning of a motor. By providing enough power to initiate the initial engine spin, an air starter provides this energy to the engine. They are primarily used in diesel engines and gas turbines. Their biggest advantage is that Air starters are lighter than their bigger counterparts yet have the same amount of power. The Asia Pacific is the largest market for air starters followed by North America.
Growth Drivers
- Need Of Air Starters for Starting Diesel Engines and Gas Turbines
- Increasing Demand of Air Starters from Automotive Industry
Market Trends
- Introduction Of Lubrication Free Air Starters
Roadblocks
- Introduction Of Lubrication Free Air Starters
Opportunities
- Innovation To Make Air Starters Increase Their Speed Will Boost the Demand of Air Starters
- Rising Number of Conventional Power Plants Will Increase the Demand of Air Starters
Challenges
- Rising Use of Electrical Vehicles
- Different Applications May Need Different Air Starters
Competitive Landscape:
The market for air starters is expanding due to developing economies. The players in this market are mostly engineering companies. As the manufacturers air starters supply their products to other businesses; signing long-term contracts could be a good strategy. In this market, patents could act as entry barriers.
Some of the key players profiled in the report are Clutch Engineering (United States), Gali Group (Spain), Austart Air Starters (Australia), Ingersoll Rand (United States), Maradyne Corporation (United States), Air Starter Components, Inc., (United States), KH Equipment Pty Ltd. (Australia), Shin Hueng Precision Co., Ltd. (Korea), Powerworks (Pty) Ltd. (South Africa) and Industrial Power Units (United Kingdom). Considering Market by Sales Channel, the sub-segment i.e. Direct will boost the Air Starter market. Considering Market by End User, the sub-segment i.e. Automotive Industry will boost the Air Starter market. Considering Market by Power, the sub-segment i.e. 15kW will boost the Air Starter market.
Latest Market Insights:
What Can be Explored with the Air Starter Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Air Starter Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Air Starter
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Air Starter market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Air Starter market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Air Starter Manufacturers, Suppliers, and Distributors, Raw Material Suppliers, Government Regulatory and Research Organizations, End-Use Industries and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.