The import of air compressors mounted on wheeled chassis for towing to India is forecasted to see a steady increase from 2024 through 2028. In 2024, imports are expected to reach 624.46 thousand units, growing to 721.04 thousand units by 2028. This represents an average annual relative growth or CAGR of approximately 3.6% over this period. Comparatively, the actual import numbers for 2023 were slightly lower, reflecting an upward trend.
Future trends to watch include:
- Technological advancements driving demand for more efficient compressors.
- Policy shifts impacting import regulations and local manufacturing capacity.
- Global market dynamics influencing pricing and availability.
- Infrastructure development within India stimulating increased usage.
