Worldwide Sales Of Air Start Unit Are Anticipated To Rise At A Modest 7% CAGR From 2021 To 2031
The global air start unit (ASU) market is expected to grow at a CAGR of around 7% through 2031, owing to a rapidly growing middle-class population that prefers to travel by air. Globally, the market is expected to grow rapidly due to increased investments in airport infrastructure development, capacity building, and technological and capital-intensive fleet management.
Air start units have been extremely important in both the commercial and military aviation sectors for avoiding aircraft incidents on the ground. Air start units for military use have been in high demand in recent years.
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Over the historical period of 2016-2020, air start unit sales grew at a steady CAGR of 5.8%. Increase in air passengers across the globe is creating demand for additional fleets in commercial lines. Improving airport infrastructure in matured as well as developing economies will aid demand growth of air start units in the years to come.
Historical Trends Vs Future Market Projections
Over the historical period of 2016-2020, air start unit sales grew at a steady CAGR of 5.8%. Increase in air passengers across the globe is creating demand for additional fleets in commercial lines. Improving airport infrastructure in matured as well as developing economies will aid demand growth of air start units in the years to come.
Rise in military aviation and aircraft fleets in both, developing and developed economies, emerging alternate clean fuels, more efficient, and less polluting engines, are ensuring potential growth of the market. Rising demand for ready-to-deploy units under any environmental and climatic conditions is poised to drive market growth over the forecast period.
Key Players
- TLD Group.
- MAK controls and systems pvt. Ltd.
- Rheinmetall AG
- Guinault GSE
- Textron GSE
- Weihai guangtai airport equipment Co., Ltd.,
- Jiangsu Tianyi airport equipment corp., Ltd.,
- Stewart and Stevenson
- Aviation Ground equipment Corp
Key Market Segments Covered
- By Mass Flow Rate
- < 150 PPM Air Start Units
- 150 PPM -250 PPM Air Start Units
- 250 PPM – 350 PPM Air Start Units
- Above 350 PPM Air Start Units
- By Configuration
- Towable Air Start Units
- Skid-mounted Air Start Units
- Self-propelled Air Start Units
- By Machine Type
- Stored Air Start Units
- Continuous Flow Air Start Units
- By Engine Type
- IC Engine-powered Air Start Units
- Gas Turbine Engine-powered Air Start Units
- By End User
- Air Start Units for Commercial Use
- Air Start Units for Military Use
- Region
- North America
- Latin America
- Europe
- East Asia
- South Asia & Oceania
- Middle East & Africa
Key Highlights
- Sales of Air Start Unit Market in 2020
- Competitive Analysis of Air Start Unit Market
- Demand Analysis of Air Start Unit Market
- Key Trends of Supply Side Analysis of Air Start Unit Market
- Outlook of Air Start Unit Market
- Insights of Air Start Unit Market
- Analysis of Air Start Unit Market
- Survey of Air Start Unit Market
Size of Air Start Unit Market
A short viewpoint offered in the report elucidates the macro-economic aspects that influence the growth drivers of Air Start Unit Market which includes global GDP of Air Start Unit Market growth rate, various industries growth rate, such as cosmetics, pharmaceuticals, food and others.
This newly published and insightful report compounds sheds light on key dynamics, Key Trends of Air Start Unit Market and their impact on the overall value chain from Air Start Unit Market to end-users, which are expected to transform the future of the Air Start Unit Market sales.
This Press Release has been written with the intention of providing accurate market information which will enable our readers to make informed strategic investment decisions. If you notice any problem with this content, please feel free to reach us on mediarelations@xherald.com.
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