In 2023, business enterprise R&D expenditure in the manufacturing of electronic components and boards in Italy was approximately USD 818 million.
Forecasts for 2024 to 2028 show a steady increase, with an average annual growth rate of about 0.67% (CAGR). Anticipated year-on-year growth rates are moderate: 0.54% in 2025, 0.50% in 2026, 0.45% in 2027, and 0.41% in 2028.
Future trends to watch for include:
- Technological advancements driving R&D investments.
- Government policies and incentives affecting R&D prioritization.
- Global supply chain resilience impacting strategic R&D allocations.
