The global air starter market was valued at USD 317.20 million in 2024 and is projected to reach approximately USD 407.79 million by 2032, exhibiting a compound annual growth rate (CAGR) of 3.19% during the forecast period. citeturn0search0

Market Dynamics:

• Drivers:

  • Broad Industrial Application: Air starters are widely used in industries such as oil and gas, aerospace and defense, automotive, marine, mining, and transportation due to their robust design and reliability.
  • High Compatibility and Low Maintenance: The simple design and sturdy construction of air starters result in minimal maintenance requirements and high compatibility with heavy equipment, enhancing their adoption.
  • Government Investments: Significant government investments in the aviation and oil & gas sectors are expected to drive demand for air starters during the forecast period.

• Challenges:

  • Availability of Substitutes: The presence of alternative products, such as electric starters and variable frequency drives, poses a challenge to the air starter market.
  • Higher Costs: Air starters are generally more expensive compared to electric starters, which may limit their adoption in cost-sensitive applications.

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Segment analysis

by End User

Oil & gas
Aviation
Mining
Marine
Others

by Type

Turbine starter
Vane starter

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Key players

1. Gali Internacional SA
2. Ingersoll Rand Inc.
3. Power Force Technologies Pte Ltd,
4. Maradyne Corporation
5. Fokker
6. Energotech AG.
7. Domnick hunter-RL Co., Ltd.
8. KH Equipment Pty Ltd.
9. Tech Development Inc. (TDI)
10. Hilliard Corporation
11. Universal Starter, Inc.
12. Austart
13. Air Starter Components Inc.
14. Powerworks (Pty) Ltd.
15. Multi Torque Industries
16. Miller Air Starter Company Co.
17. Industrial Power Units Ltd

Key Insights:

• Industry Adoption: The marine and power generation industries are anticipated to increase the adoption of air starters due to their high reliability and durability.
• Technological Advancements: Ongoing advancements in air starter technology aim to improve efficiency and reduce costs, potentially mitigating some of the current market challenges.

The air starter market is poised for steady growth, driven by its widespread application across multiple industries and the advantages it offers in terms of reliability and maintenance. However, the market faces challenges from alternative technologies and cost considerations that need to be addressed to sustain this growth trajectory.

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