The forecast for the sold production of tower cranes and portal or pedestal jib cranes in Italy from 2024 to 2028 shows a positive and steady increase in value, expressed in Million Euros. In 2023, the value stood as a reference point, from which the projections for subsequent years indicate growth. Year-on-year, there are progressive increases of approximately 4.54% from 2024 to 2025 and 4.30% from 2025 to 2026, reflecting healthy growth. The Compound Annual Growth Rate (CAGR) over the five-year forecast period is about 4.16%, highlighting consistent market expansion.
Future trends to watch for include:
- Technological advancements in crane construction improving efficiency.
- Increased demand in urban infrastructure projects driving market growth.
- Potential impacts of regulatory changes and environmental sustainability practices on production.