Forecast: Motor Vehicles, Trailers and Semi-Trailers Manufacturing Gross Value Added in Italy

As of 2023, the Gross Value Added (GVA) for Italy's motor vehicles, trailers, and semi-trailers manufacturing sector was approximately 14.75 billion euros. Forecasted data from 2024 to 2028 suggests a steady increase, reaching 15.58 billion euros by 2028. Year-on-year variations reflect incremental growth: 1.0% in 2025, 1.1% in 2026, 1.0% in 2027, and 1.0% in 2028. The compound annual growth rate (CAGR) from 2024 to 2028 is approximately 1.02% per annum.

Future trends to watch for include:

  • Innovation in automotive technology, particularly electric and hybrid vehicles.
  • Potential shifts in consumer preferences toward sustainable manufacturing processes.
  • Regulatory implications affecting production and design in response to environmental concerns.
  • Effects of global supply chain adjustments post-pandemic and geopolitical developments.

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