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The Global Aircraft & Marine Turbochargers Market is projected to reach USD 376.6 million by 2028, at a CAGR of 2.3% during the forecast period. A turbocharger is a turbine-driven device that helps in increasing the overall efficiency of an internal combustion engine. Turbochargers have three main components, namely, turbine: It is the starting point of the turbocharger system.

The air from the exhaust is passed over the turbine, which spins it and generates mechanical energy. The turbine is usually made from cast iron; shaft: The shaft connects the turbine to the compressor and is used for transmitting the mechanical energy between the two components. The shaft is usually made of steel and friction welded to the turbine; Compressor: The function of the compressor is to take in the air from outside and compress it by creating pressure using the mechanical energy provided by the turbine allowing more fuel to enter the engine which increases the output of the engine. The compressor is usually made of aluminum alloys.