Based on historical data, business expenditure on R&D in shipbuilding in Finland exhibited significant fluctuations. From 2013 to 2022, notable trends include a drastic drop in 2014 (-57.61%), a peak in 2019 (53.8M €), and subsequent variances leading to a 2022 value of 53.73M €. The forecasted growth from 2023 to 2028 reveals a steady increase, reaching 83.2M € by 2028, suggesting a 5-year CAGR of 4.58%.
Future trends to monitor include increasing investments in sustainable and automated shipping technologies, government policies, and international maritime regulations that could further influence R&D expenditure in the Finnish shipbuilding industry.
