In 2023, the new registrations of lorries up to 3500 kg in Italy stood at around 200 thousand units. The forecasted data indicates steady growth from 2024 to 2028, beginning with 205.15 thousand registrations in 2024 and reaching 228.36 thousand by 2028. This translates to an average year-on-year increase of around 2.2% during this period. The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is estimated to be approximately 2.15%, reflecting a consistent upward trend in the sector.
Key future trends to watch for include:
- Impact of technological advancements in lorry manufacturing.
- Shifts in regulatory policies impacting emissions and vehicle registrations.
- Market dynamics driven by Italy's economic conditions and logistics needs.
- Adoption of electric and hybrid lorry technologies.
- Potential influences from European Union transportation policies.
