The number of enterprises in the metal-forming machinery and machine tools sector in Italy was approximately 1.75 thousand in 2023. Forecasted data indicates a gradual decline, with the number reaching 1.72 thousand by 2028. Year-on-year, the sector is expected to experience a minor contraction, with a -0.57% decrease from 2024 to 2025 and a -0.58% in subsequent years. Over the five-year period, the compound annual growth rate is projected to be around -0.35%, indicating a steady decline.
Future trends to watch for include:
- Increasing automation and technological integration in machinery manufacturing.
- Potential consolidation within the industry as enterprises adapt to a shrinking market.
- Impact of global economic conditions and trade policies on the sector.