Business expenditure on R&D in shipbuilding in Italy showed variable trends over the past decade, reaching a value of €106.13 million in 2023. While the early 2010s saw sharp fluctuations, the sector stabilized post-2020, with a year-on-year growth of 6.11% in 2023. Forecasts predict gradual increments, with a projected value reaching €125.02 million by 2028, reflecting a 2.6% CAGR. This indicates a moderate but steady recovery and growth in the industry.
Future trends to watch for include:
- The adoption of advanced technologies and sustainable practices in ship design and manufacturing.
- Potential impacts of environmental regulations on R&D investments.
- Economic factors influencing industry demand and investment capacities.