In 2023, the business enterprise R&D expenditure in Italy's electricity, gas, steam, air conditioning, and water supply sectors was slightly below the 2024 forecast, reflecting a stable growth trajectory. Year-on-year forecasts show a consistent upward trend with expenditures rising from $143 million in 2024 to $165.13 million by 2028, indicating robust sectoral growth.
Between 2024 and 2025, the anticipated expenditure increase is 3.93%, followed by a 3.73% rise from 2025 to 2026, a 3.57% increase from 2026 to 2027, and a further 3.41% rise by 2028. The Compound Annual Growth Rate (CAGR) over the 5-year period is expected to be a healthy 3.69%.
Future trends to watch include the integration of renewable energy technologies and innovations in resource management, which could further drive R&D expenditure. Environmental policies and European Union regulations aiming at sustainable development are likely to influence investment growth in these sectors.
