The business expenditure on R&D in shipbuilding in Italy saw significant fluctuations over the past decade, showing a declining trend from 2013 to 2015 and a notable dip in 2016. From 2017 onwards, the figures remained relatively stable with minor variations, culminating in a small increase by 2022. As of 2023, the expenditure stood at 0.007 units of GDP. Forecasts from 2024 to 2028 suggest a gradual rise, achieving 0.008 units of GDP by 2028, with a cumulative annual growth rate of 2.71% over the five-year forecast period.
Future trends to watch for include:
- Increased focus on technological innovations and green technologies that may influence R&D expenditure.
- Potential policy shifts and government incentives aimed at boosting R&D in line with environmental sustainability goals.
- Fluctuations in global economic conditions which could impact budget allocations toward R&D in the shipbuilding sector.
