In 2023, business expenditure on R&D in mining and quarrying in Italy stood at 1.25 Euros per capita. The forecast from 2024 to 2028 shows a consistent year-on-year decrease of 0.81% in expenditure per capita. The projected five-year CAGR is -0.81%. This suggests a gradual decline in the investment towards R&D activities in this sector.
Future trends to watch for:
- Potential policy shifts or incentives from the Italian government to boost R&D expenditure in mining.
- Technological advancements or environmental regulations that might influence R&D priorities.
- Global market demand fluctuations, impacting investment decisions in the mining industry.