In 2024, India's import of linear acting pneumatic power engines and motors is forecasted to reach 507.59 thousand kilograms, indicating a positive growth trend. The forecasted data for 2025, 2026, 2027, and 2028 continue this upward trajectory with year-on-year increases of approximately 4.4%, 4.2%, 3.9%, and 3.7%, respectively. Assuming a steady CAGR, the average annual growth rate from 2024 to 2028 is approximately 4.1%. This consistent increase reflects growing industrial demand in India, marking a robust recovery from the levels seen in 2023.
Future trends to watch for:
- Technological advancements and automation in industries driving demand.
- Government policies promoting industrial growth and imports.
- Potential impact of global supply chain shifts on import dynamics.
