The forecast for the import of generator sets with spark-ignition internal combustion piston engines of an output less than 7.5 kVA to Italy shows a steady upward trend from 2024 to 2028. The import volume is expected to increase from 89.12 thousand items in 2024 to 109.3 thousand items in 2028. This represents a compound annual growth rate (CAGR) of approximately 5.2% over the five-year forecast period. It is noteworthy that the import volume in 2023 stood at a lower level, highlighting positive growth expectations for the coming years.
Future trends to watch for include:
- Technological advancements leading to more efficient generator sets.
- Potential impacts of environmental regulations on combustion engine imports.
- Economic conditions in Italy that could affect market demand.
- Emerging renewable energy alternatives that could influence market dynamics.
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