The forecasted sold production of self-propelled lifting equipment, designed for rail-mounted operation in Italy, shows a steady upward trend from 2024 through 2028. In 2023, the production level was at a baseline, transitioning into a growth phase in 2024. A year-on-year growth of approximately 24% is expected through 2025, gradually slowing to around 13% by 2028. Over the five-year horizon, the compound annual growth rate (CAGR) is anticipated to be around 18%.
Future trends to watch for include:
- Emerging construction technologies which may shift equipment demand.
- Efficiency trends influencing self-propelled systems' production.
- Economic and regulatory changes impacting the construction industry.
