The sold production of electrical equipment repair and maintenance in Italy has experienced considerable fluctuations between 2013 and 2023. The value in 2023 stood at 1375.7 million Euros. The period was marked by an erratic early trend, a significant rise around 2017-2019, and a steep incline post-2020, with notable highs in 2021. Year-on-year variation has been notably volatile, with a peak increase of 73.91% in 2021 followed by a 16.21% drop in 2022 and a moderate 4.05% rise in 2023. The five-year compound annual growth rate (CAGR) up to 2023 was 8.66%.
Looking ahead, the forecast from 2024 to 2028 suggests continuous growth, with a projected 5-year CAGR of 2.74%, leading to a total growth rate of 14.47% by 2028. Future trends to monitor include advancements in electrical technology, growing demand for maintenance due to aging infrastructure, and the impact of policy changes on the sector.
