The electrical equipment and electronics turnover in Italy experienced varied fluctuations over the last decade. Starting from 37.08 billion euros in 2013, it saw a steady increase until 2015, reaching 38.28 billion euros. However, 2016 brought a slight decline, followed by a significant rise to 40.64 billion euros in 2017 and a peak at 42.07 billion euros in 2019. The year 2020 marked a sharp drop due to the global pandemic, followed by minor fluctuations. In 2023, the turnover was at 39.0 billion euros, showing a modest rise compared to 2022.
Year-on-year variation highlights:
- 2013: -1.23%
- 2014: +1.42%
- 2015: +1.8%
- 2016: -1.61%
- 2017: +7.88%
- 2018: +0.77%
- 2019: +2.73%
- 2020: -11.3%
- 2021: -0.23%
- 2022: +2.98%
- 2023: +1.71%
Future trends to watch for indicate a declining forecast with a 5-year CAGR of -0.46% from 2024 through 2028. Factors like innovation, regulatory changes, and global economic conditions will be critical in shaping the market trajectory.
