Forecast: Business Enterprise R&D Expenditure in Manufacture of Motor Vehicles, Trailers and Semi-Trailers in Italy

The business enterprise R&D expenditure in the manufacture of motor vehicles, trailers, and semi-trailers in Italy is projected to rise steadily from 2024 to 2028, reaching from 2.73 billion USD PPP in 2024 to 2.98 billion USD PPP in 2028. Compared to the actual value from 2023, this represents a significant growth trajectory with year-on-year increases observed at approximately 2.2% to 2.4% annually. The compound annual growth rate (CAGR) over the five years is calculated around 1.8% per annum.

Future trends to watch for include:

  • Emergence of electric and autonomous vehicles influencing R&D spending.
  • Policy changes affecting investment in green automotive technologies.
  • Increased collaboration between Italian and global automotive firms in R&D efforts.

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