As of 2023, the re-import of linear acting pneumatic power engines and motors to Canada stood at a specific base level. The forecasts between 2024 and 2028 depict a consistent incremental growth from 3.52 to 3.77 thousand units, reflecting an average annual increase in import value.
-The year-on-year growth percentages showcase a steady hike of approximately 1.7% from 2024 onwards.
-The compound annual growth rate (CAGR) over the five years leading to 2028 is expected to be around 1.6%, indicating a stable upward trajectory for the sector.
Future trends to monitor include technological advancements in pneumatic power engines, shifting trade policies that could affect re-import conditions, and fluctuations in industrial demand that may alter growth patterns.
