The forecast for the self-employed in Italy’s electrical equipment manufacturing sector shows a steady decline from 6.9 thousand units in 2024 to 5.3 thousand units by 2028. The year-on-year variation suggests a consistent decrease of approximately 5.8% annually over this period. With the CAGR indicating a more extended decline from historical data, key drivers include automation and industry consolidation, reducing the need for self-employment. In 2023, the sector was at a higher level, hinting at economic or structural changes influencing this downturn.
Future trends to watch for include:
- The impact of technological advancements and digitalization.
- Changes in regulatory policies affecting self-employment.
- The role of emerging markets and export demands.
- Adoption of renewable energy systems sparking new business opportunities.
