The aircraft turbocharger market is witnessing strong growth as the aviation industry prioritizes fuel efficiency, performance, and sustainable operations. Valued at USD 790.3 million in 2023, the market is expected to expand from USD 834.7 million in 2024 to USD 1,318.2 million by 2032, reflecting a healthy CAGR of 5.9% over the forecast period.
Asia Pacific led the global market in 2023 with a 29.68% share, driven by booming civil aviation, military modernization, and investments in advanced aircraft propulsion systems.
An aircraft turbocharger is a forced induction device that harnesses exhaust gas energy to compress intake air, ensuring more oxygen enters the combustion chamber. This process boosts engine performance, particularly at high altitudes, where reduced air density often hampers efficiency. Turbochargers allow piston engines to maintain near sea-level performance up to a critical altitude, making them indispensable in modern aviation.
Growing interest in micro turbines over electric motors and propellers is reshaping aviation propulsion. Unlike electric systems that face battery limitations, micro turbines deliver higher power, quicker refueling, and extended endurance. For example, FusionFlight’s AB6 JetQuad, powered by four micro-turbines, represents the next step in drone propulsion for emergency and monitoring applications.
Innovations such as intercooled turbochargers and electric turbochargers (E-Turbos) are improving thrust, responsiveness, and fuel efficiency. E-Turbos, powered by electric motors, address turbo lag and can cut NOx emissions by up to 20%, making them essential in meeting stringent environmental regulations.