The forecasted import of linear acting pneumatic power engines and motors to the US depicts a progressive increase from 2024 through 2028. In 2023, imports were recorded at a slightly lower level. Year-over-year growth is sustained with consistent increases of approximately 3.2% annually, demonstrating a steady upward trend. The compound annual growth rate (CAGR) from 2024 to 2028 is also expected to remain steady around the same rate, reflecting gradual but consistent growth in demand.
Future trends to watch for include:
- Technological advancements leading to more efficient and cost-effective pneumatic engines and motors.
- Possible shifts in industrial applications driving changes in import patterns.
- Impact of regulatory changes on import dynamics.