In 2024, the final consumption of natural gas in Italy's transport equipment sector is forecasted to reach 1.52 thousand terajoules. The sector demonstrates a steady annual growth trend, with consumption expected to rise to 1.67 thousand terajoules by 2028. The year-on-year percentage growth from 2024 to 2025 is approximately 2.63%, and from 2025 to 2026 it is around 2.56%, continuing with a gradual increase each subsequent year until 2028. The compound annual growth rate (CAGR) over this forecast period (2024-2028) is about 2.39%.
Future trends to watch for:
- Rising adoption of alternative and renewable energy sources in the transport sector may impact natural gas consumption levels.
- Government policies promoting energy efficiency and sustainability could influence consumption patterns.
- Technological advancements in natural gas vehicles could stimulate demand in the transport equipment sector.