The forecasted R&D budget for Planet and Infrastructure in the US shows a declining trend from 2024 through 2028. Starting at 11.48% of total government support in 2024, it steadily decreases year-on-year, ending at 10.54% in 2028. Compared to the previous years, this signifies a gradual reduction in commitment, with consistent negative growth year-on-year. In 2023, the R&D budget stood at 11.75%, indicating a reduction trend. The Compound Annual Growth Rate (CAGR) over five years also emphasizes a downward trajectory. It's essential to consider economic shifts and potential legislative changes that could impact such allocations further.
Future trends to watch include:
- Impact of new environmental policies on R&D funding allocations.
- Advancements in sustainable technology that may require increased investment.
- Potential shifts in government priorities based on political changes.
- Economic fluctuations affecting government budgets.
