Analyzing the import of linear acting hydraulic power engines and motors to Malaysia, it's evident that the market experienced fluctuating growth between 2013 and 2023. Starting with substantial growth in 2013 at 66.26%, it saw a significant downturn in 2014 with a -35.42% decrease. The market showed resilience with an 83.88% spike in 2018. In the last two years, from 2022 to 2023, the year-on-year variations were 5.09% and 4.75%, indicating stability. In 2023, the import value stood at 25.855 million US dollars. The CAGR over the last 5 years (from 2018 to 2023) stands at 2.64%, suggesting moderate growth in recent years. Forecasting ahead, a steady increase is anticipated with a forecasted 5-year CAGR of 3.33% to 2028, implying a 17.82% overall growth. Future trends should watch for technological advancements, global economic shifts, and Malaysia's industrial demand.
