The business expenditure on R&D in the mining and quarrying sector in Italy is poised to decline steadily from 2024 to 2028. In 2023, this expenditure stood at 84.5 million Euros, reflecting an upcoming annual regression. The year-on-year variations are expected to display a consistent downward trajectory: -3.04% from 2024 to 2025, -3.11% from 2025 to 2026, -3.18% from 2026 to 2027, and -3.24% from 2027 to 2028. The compound annual growth rate (CAGR) forecasts a negative growth of approximately 3.14% over the five-year forecast period.
Future trends to watch for include:
- Innovation strategies to counteract declining investments.
- Government policies potentially influencing R&D funding.
- Technological advancements that might alter expenditure trends.
- Environmental regulations pushing for greener technologies.
