The sold production of fluid power equipment in Italy is forecasted to increase consistently from 2023 to 2028. Comparing it with the 2023 figure, which stood at 13.5 million items, the projected growth from 2024 onwards reflects a stable upward trend.
From 2024 to 2028, year-on-year growth rates are as follows:
- 2024: 5.14%
- 2025: 2.95%
- 2026: 2.84%
- 2027: 2.73%
- 2028: 2.64%
The forecast indicates a compounded annual growth rate (CAGR) of approximately 4.21% from 2023 to 2028.
Future trends to watch include advancements in automation and industrial machinery, which may drive demand for fluid power equipment. Economic fluctuations and energy considerations will also play a crucial role in shaping the market landscape.
