Turboprop Aircraft Market Demand Trends 2025–2032
The global turboprop aircraft market was valued at USD 1.71 billion in 2024 and is projected to grow to USD 2.59 billion by 2032, expanding at a Compound Annual Growth Rate (CAGR) of 4.34% during the forecast period. This steady growth trajectory is driven by the increasing demand for cost-efficient regional air transport, advancements in hybrid-electric propulsion, and strategic collaborations among aerospace companies focused on sustainability and innovation.
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