As of 2023, India's import volume of pneumatic power engines and motors, except linear acting, stood below the projected 653.53 thousand kilograms for 2024. Forecasts suggest steady growth through to 2028, reaching 695.25 thousand kilograms. Year-on-year percentage increases from 2024 to 2028 remain consistent, indicating a stable rise in demand. Notably, the compound annual growth rate (CAGR) over these five years highlights gradual yet consistent upward momentum.
Future trends to monitor include:
- Technological advancements that might increase the demand for pneumatic engines and motors.
- Changing industrial dynamics and their effect on import volumes.
- Regulatory changes affecting imports and market entry in India.
