In 2023, the sold production of gas, liquid, or electricity supply or production meters in Italy was recorded at 95 million items. The forecasted progression begins at 106.93 million in 2024 and projects to increase annually, reaching 162.57 million by 2028.
Year-on-year percentage growth indicates a steady upward trajectory with the following changes: 13.2% in 2025, 11.5% in 2026, 10.2% in 2027, and 9.2% in 2028. The compound annual growth rate (CAGR) over these five years is approximately 11.5%.
Future trends to watch for include:
- Technological advancements leading to smarter, more efficient meters might drive demand.
- Policy changes promoting energy efficiency and sustainability could enhance production needs.
- Economic fluctuations may impact manufacturing capacity and domestic demand.
- Global supply chain dynamics could influence production costs and availability.