The sold production of civil spacecraft, satellites, and launch vehicles in Italy has shown considerable fluctuations over the past decade. The volume, expressed in million kilograms, significantly increased from 4.7662 in 2013 to 14.999 in 2024. The peak in 2017 at 14.686 was followed by a sharp decline in 2021, recording only 1.3315. Recovery began in 2022 with a notable rise to 12.036 and continued to reach 13.88 in 2023.
Year-on-year variation for 2022 was 803.94%, with a CAGR of -3.9%, whereas the variation for 2023 was 15.32% with a CAGR of 5.24%. The forecasted CAGR for the next five years (2024-2028) stands at 5.24%, projecting a growth rate of 29.1% by 2028.
Future trends to watch for include advancements in space technology, increased investment in the aerospace sector, and potential collaborations between governmental and private organizations. Monitoring policy changes, innovation in spacecraft materials, and emerging market demands will also be essential.
