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Air Starter Market by Type, End-Use Industry, & by Region - Trends & Forecasts to 2021

Air Starter Market: Forecasts until 2021

  • July 2016
  • 139 pages
  • ID: 3992171
In this report:
The country is witnessing rapid increase in population and industrial growth with domestic oil consumption expected to reach ## million barrels per day by 2030.
According to BP energy outlook, the energy consumption in the Middle East is expected to increase by ##% by 2035 with ##% of the demand met by fossil fuels.
China's oil and liquid production is expected to reach ##.## million bbl/d by 2020 and to ##.## million bbl/d by 2040.


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"The air starter market is estimated to rise at a compound annual growth rate of 3.80 percent from 2016 to 2021"

The air starter market is estimated to grow $397.00M by 2021, at a compound annual growth rate of 3.80 percent from 2016 to 2021. Growing demand for compact explosion-proof ATEX-approved engine starting devices in main end-use industries including oil & gas, aviation, and mining in territories, like North America and Europe (EU), are driving the market increase. Air starters are employed for engine starting in almost all main markets, including oil & gas, aviation, mining, and marine. Given the increasing demand for compact and efficient engine-starting devices in these sectors, the market demand for air starters is set to growth in the next years but at a gradual increase rate.

"Aviation sector to grow at the quickest rate in the overall air starter market"

With regard to industrial end-user, the aviation market is the fastest-growing segment. Increase in overall air traffic and business investments in civil and military aviation are the main driving factors. Furthermore, increasing urbanization and growing pressure existing in the aviation infrastructure have led to increasing investments in the civil & military aviation sector across the world.

"North America (NA) is the quickest increasing regional market for air starters"

The North American area has the more important adoption of air starters and it is the biggest market for air starters. The U.S.A is the main contributor to the increase of the air starter market in North America continent. The area has witnessed increasing demand for air starters; this forecast is expected to progress in the outlook since activities in main end-user markets are increasing. The growing demand for compact engine-starting devices along compatibility to explosive and potentially hazardous environments would likely to boost the industry demand for air starters in the territory.

Key players' distribution profiles:

By Company Type: Tier 1 - 30.0 percent, Tier 2 - 30.0 percent, and 1/3 3 - 40.0 percent

By Designation: D-Level - 35.0 percent, C-Level - 10.0 percent, and Others - 55.0 percent

By area: North america (NA) - 23.0 percent, Europe - 22.0 percent, Asia-Pacific - 33.0 percent, South America - 11.0 percent, and the Middle East & Africa - 11.0 percent

Note: *Others includes business development managers, marketing managers, product managers, design engineers, and sales engineers

The 1/3 of the companies, the tiers of the corporations has been defined on the basis of their final revenue as of 2014: Tier 1 = >USD 30 million, Tier 2 = From $1.0M to $29.0M, and Tier 3 =

Top actors in the industry contain Ingersoll Rand, Maradyne Corporation, Tech Development, Gali Internacional, Air Starter Components, Incorporated,, and KH Equipment Pty Ltd.. Other actors operating in the sector contain Shin Hueng Precision Co., Limited, Powerworks Ltd., Miller Air Starter Company Co., Multi Torque Sectors, and Industrial Power Units Ltd..

Why acquiring this study can help you

This market research highlights on several levels of analysis - industry, market share research of top players, supply chain research, and company descriptions, which together comprise and examine the basic overviews on the competitive landscape; coming out and high-growth segments of the air starter market; high-growth areas; and sector drivers, market restraints, and alternatives.

The analysis offers business insights about the following parts:

- Business entry: Exhaustive information on air starter products provided by key players in the overall air starter market

- Product improvement/Innovative products: In-depth understanding into up-on-coming technologies, Research&development activities, and recent product launches in the air starter market

- Industry development: Highlighted information about profitable emerging sectors. The market research examines the air starter market across localities

- Industry diversification: Complete information about recent products, untapped regional sectors, recent evolutions, and market investments in the overall air starter market

- Opposing assessment: Detailed assessment of strategies, products, and manufacturing competences of key players in the overall air starter market

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