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The air starter market size is estimated to grow by USD 42.8 million at a CAGR of 3.27% between 2023 and 2028. The Air Starter sector is experiencing a significant surge with increased Exploration and Production (E&P) activities in the oil and gas industry. Simultaneously, investments in the power sector are on the rise, driven by the global shift towards renewable energy sources and the growing demand for electricity. In this context, technological advancements have been instrumental in driving innovation. One such area of technological progress is air starter designing. Air starters are essential components in the energy industry, used to start large engines in harsh environments. With the latest advancements, air starters are now more efficient, reliable, and durable, enabling the industry to overcome operational challenges and optimize performance. These technological improvements are pivotal in enhancing the overall productivity and profitability of energy sector businesses.
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In the marine industry and aerospace, reliable engine performance is essential. Diesel engine are widely used for their robustness and cost-effectiveness. However, the use of an electric starter is becoming increasingly common to enhance safety and efficiency. In agriculture, where machinery demands high durability, electric starters improve the ease of starting motor in challenging conditions. For power plants, air control valves play a crucial role in regulating engine performance, ensuring stable and efficient operations. Across all sectors, including marine and aerospace, the focus remains on integrating cost-effectiveness with advanced safety measures. The use of air control valve and electric starters contributes to the overall robustness of engines, optimizing performance and reliability in various applications.
Increase in oil and gas E and P activities is notably driving the market growth. The exploration and production (E&P) sector in the oil and gas industry has witnessed significant advancements due to technological innovations. One such development is the use of advanced equipment for data acquisition during seismic surveys, enabling more accurate identification of oil and gas reserves without the necessity for drilling. Unconventional E&P activities, such as shale gas and tight oil extraction, have gained prominence as alternatives to conventional production. Notable unconventional reserves have been discovered in the US, Canada, China, and Argentina. The US and Canada are actively engaging in drilling activities to tap these resources.
Furthermore, in the aviation industry vertical, the demand for power sources to start gas turbine engines and diesel engines has led to the development of various starter systems. Turbine starters, including vane starters and electric starters, are commonly used in aviation. The high cost of these starters and the availability of substitutes, such as air-start systems, have influenced the market dynamics. The mining and maritime industries also utilize turbine starters for their compressor applications. The upstream sectors of the oil and gas industry, including crude oil and natural gas production, are significant consumers of these starters. The petrol engine market in military aircraft also relies on electric starters for ignition. Overall, the segmentation analysis of the turbine starter market reveals a diverse range of applications and industries. Thus, such factors are driving the growth of the market during the forecast period.
Rising investments in shale industry is the key trend in the market. The oil and gas industry, particularly the upstream sector, is witnessing significant investments, with a notable focus on the shale industry, especially in the US. The shale sector is experiencing a surge in financing due to the potential for increased output. According to the International Energy Agency (IEA), investments in the oil and gas industry are projected to rise by approximately 5% in 2021 compared to the previous year. The shale industry is anticipated to grow at a faster rate during the forecast period due to increased investment in this sector. Oil companies are prioritizing investments in short-cycle shale projects to minimize risks and ensure a quick return on investment. Chevron, for instance, is planning to boost its investment in the US shale industry. In contrast, investments in conventional crude oil are growing at a slower pace.
Furthermore, the aviation industry vertical, including turbine engines used in aviation, is another significant consumer of air starters. Turbine engines, such as gas turbine engines and diesel engines, require air starters for ignition. Air starters include vane starters and turbine starters. The mining and maritime industries also utilize air starters for compressing fuel and oil for diesel engines, piston engines, and petrol engines. The high cost of air starters and the availability of substitutes, such as electric starters, are key challenges for the market. However, the unique advantages of air starters, such as their ability to start engines in extreme temperatures and environments, make them indispensable in certain industry verticals, including the aviation, mining, and maritime industries. Therefore, the market is segmented based on industry verticals, including the aviation industry, mining, maritime, and upstream sectors in the oil and gas industry. The market is expected to grow steadily during the forecast period due to the increasing demand for air starters in these industries. Thus, such trends will shape the growth of the market during the forecast period.
High failure rate of air turbine components is the major challenge that affects the growth of the market. In the power generation sector, the dependability of gas turbine engines and diesel engines is crucial for generating electricity, particularly in the aviation industry and oil & gas verticals. Turbine engines, including turbine starters such as vane starters, are integral to the functioning of these industries. The high cost of these engines necessitates their reliable operation. In aviation, for instance, the availability of substitutes like petrol engines or electric starters in military aircraft is limited.
Furthermore, the aviation industry and oil & gas sector's segmentation analysis reveals the significant role of turbine starters in various industry verticals. Upstream sectors like mining and maritime industries rely on these engines for their operations. Crude oil and natural gas extraction requires heavy machinery, including turbine engines, which necessitate reliable starting systems. The generator of a turbine engine, responsible for converting rotational energy into electrical energy, accounts for approximately 4% of the total turbine engine cost. Any damage to this system can adversely impact the entire operation, potentially leading to a breakdown. Therefore, the air-start regulator plays a vital role in ensuring the turbine engine's smooth start-up, particularly in applications where the availability of fuel and oil is challenging. Hence, the above factors will impede the growth of the market during the forecast period
The market forecasting report includes the adoption lifecycle of the market, covering from the innovator’s stage to the laggard’s stage. It focuses on adoption rates in different regions based on penetration. Furthermore, the report also includes key purchase criteria and drivers of price sensitivity to help companies evaluate and develop their market growth analysis strategies.
Customer Landscape
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
Air Starter Components - The company offers air starter products such as ASC turbine air starters and vane starters.
The market research and growth report also includes detailed analyses of the competitive landscape of the market and information about key companies, including:
Qualitative and quantitative analysis of companies has been conducted to help clients understand the wider business environment as well as the strengths and weaknesses of key market players. Data is qualitatively analyzed to categorize companies as pure play, category-focused, industry-focused, and diversified; it is quantitatively analyzed to categorize companies as dominant, leading, strong, tentative, and weak.
The Turbine air starter segment is estimated to witness significant growth during the forecast period. The market is primarily driven by the aviation industry vertical, particularly the use of turbine engines in aircraft. Turbine engines, including gas turbine and jet engines, require significant power to start, making air starters an essential component. In contrast, diesel and petrol engines in the mining, maritime, upstream sectors, and military aircraft, among others, often utilize electric starters due to their lower cost and availability of substitutes.
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The Turbine air starter segment was the largest segment and was valued at USD 152.40 million in 2018. Segmentation analysis reveals that turbine starters, specifically vane starters, dominate the market. These starters generate more torque than electric starters, enabling the successful ignition of large turbine engines. A typical turbine air starter comprises an axial flow turbine, a drive coupling, a reduction gear train, and a starter clutch system. The turbine is fueled by air, which can be sourced from an auxiliary power unit (APU), an air cart, or a cross-bleed start from an already operating engine. The air pressure must reach a minimum of approximately 30 pounds per square inch (psi) to ensure a complete engine start. In the oil & gas industry, turbine engines are widely used in the production of crude oil and natural gas. The increasing oil demand and the expansion of the oil & gas industry contribute to the market growth for air starters. Despite the high cost associated with turbine starters, their efficiency and reliability make them the preferred choice for industries requiring large engines.
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APAC is estimated to contribute 51% to the growth of the global market during the forecast period. Technavio’s analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period. The market encompasses the production and sale of starters used in various types of engines, including gas turbine engines and diesel engines, for applications in the Oil & Gas and Aviation industries. These starters are essential for providing the initial power required to ignite the fuel and compress the air or gas within the engine's cylinder and piston. In the context of aviation, electric starters are commonly used to start jet engines, while turbine starters, such as vane starters, are employed for gas turbine engines.
Further, the high cost of these starters and the availability of substitutes, such as compressed air or hydraulic systems, pose challenges to the market's growth. However, the Oil & Gas industry's segmentation analysis reveals significant demand for turbine starters in upstream sectors like crude oil and natural gas production. Additionally, the mining, maritime, and military aircraft sectors also utilize air starters for their heavy-duty engines. The petrol engine segment in the automotive industry is another potential market for electric starters. Overall, the market is a critical component in the power generation and transportation industries, contributing to the efficiency and reliability of various engine types.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD million " for the period 2024-2028, as well as historical data from 2018-2022 for the following segments.
In the marine and shipping industry, effective engine start-up methods are crucial. The air-start method and vane starter are commonly used for large diesel engines, especially in offshore oil & gas installations and marine vessels. These methods ensure reliable performance in challenging environments. Electric starters and advanced turbine engines also play a significant role, providing enhanced efficiency and reliability. Hydraulic fracturing and retrofitting existing machinery are part of ongoing globalization and international trade trends, improving engine systems and compatibility across various applications. The military aircraft and vehicles sector benefits from these advancements with a simple design and healthy construction in aircraft processes. Emphasis on low preservation requirements and turbine starter segment innovations support the marine industry’s need for robust, efficient engine solutions. The shift towards simple design and compatibility ensures continued progress and efficiency in both advanced turbine engines and large diesel engines.
Market Scope |
|
Report Coverage |
Details |
Page number |
130 |
Base year |
2023 |
Historic period |
2018-2022 |
Forecast period |
2024-2028 |
Growth momentum & CAGR |
Accelerate at a CAGR of 3.27% |
Market growth 2024-2028 |
USD 42.8 million |
Market structure |
Fragmented |
YoY growth 2023-2024(%) |
3.14 |
Regional analysis |
North America, Europe, APAC, Middle East and Africa, and South America |
Performing market contribution |
APAC at 51% |
Key countries |
US, China, Germany, France, and Japan |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
Air Starter Components, Austart Air Starters, Dusterloh Fluidtechnik GmbH, Energotech AG, Gali, Industrial Power Units Ltd., Ingersoll Rand Inc., KH Equipment, Komarine Co., Maradyne Corp., Melrose Industries Plc, Miller Air Starter Co. Inc., Power Force Technologies Pte Ltd., POWER WORKS Pty Ltd., TDI Air Starters, and The Rowland Co. |
Market dynamics |
Parent market analysis, Market Forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for market forecast period |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Type
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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