The "Italy Construction Market Size, Trends, and Forecasts by Sector - Commercial, Industrial, Infrastructure, Energy and Utilities, Institutional and Residential Market Analysis, 2024-2028" report has been added to ResearchAndMarkets.com's offering.
Construction industry in Italy to grow in real terms by 4.4% in 2024, reflecting a growth in the gross fixed capital formation in the construction industry by 7.2% year on year (YoY) in Q1 2024, preceded by annual growth of 3.5% in 2023, according to the Italian National Institute of Statistics (Istat).
The construction industry's growth is also partially attributed to a marginal decline of 0.4% in the average construction producer prices in the first four months of 2024; which is down from the annual growth of 1.3% in 2023, according to the Istat. However, The analyst expects the overall construction outlook to reflect weaknesses in the medium-term, contracting by 8.7% and 5.5% in 2025 and 2026, reflecting weaknesses in the residential sector, owing to falling building permits. The country's residential construction activity is expected to slow down as a result of the government's decision, announced in February 2024, to only allow individuals to claim back 70% of the cost of energy-efficient house upgrades in 2024 and 50% in 2025, instead of 110%.
Over the remainder of the forecast period, however, the construction industry is expected to register an average annual growth of 1.5% from 2027 to 2028, supported by public and private investments in transport infrastructure, renewable energy and industrial projects. In late November 2023, the Italian Cabinet approved a decree involving a package of EUR27.4 billion ($28 billion) in investments which includes measure such as cutting red tape around green energy projects, providing incentives for 3,800 energy-intensive businesses to install green energy sources, accelerating work on two onshore liquid natural gas terminals in southern Italy, and providing EUR350 million ($357.4 million) per year until 2032 to fund projects aimed at installation of renewable energy plants.
Scope
- Historical (2019-2023) and forecast (2024-2028) valuations of the construction industry in Italy, featuring details of key growth drivers.
- Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by sub-sector
- Analysis of the mega-project pipeline, including breakdowns by development stage across all sectors, and projected spending on projects in the existing pipeline.
- Listings of major projects, in addition to details of leading contractors and consultants
Reasons to Buy
- Identify and evaluate market opportunities using the analyst's standardized valuation and forecasting methodologies.
- Assess market growth potential at a micro-level with over 600 time-series data forecasts.
- Understand the latest industry and market trends.
- Formulate and validate strategy using the analyst's critical and actionable insight.
- Assess business risks, including cost, regulatory and competitive pressures.
- Evaluate competitive risk and success factors.
Key Topics Covered:
1 Executive Summary
2 Construction Industry: At-a-Glance
3 Context
3.1 Economic Performance
3.2 Political Environment and Policy
3.3 Demographics
3.4 Risk Profile
4 Construction Outlook
4.1 All Construction
- Outlook
- Latest news and developments
- Construction Projects Momentum Index
4.2 Commercial Construction
- Outlook
- Project analytics
- Latest news and developments
4.3 Industrial Construction
- Outlook
- Project analytics
- Latest news and developments
4.4 Infrastructure Construction
- Outlook
- Project analytics
- Latest news and developments
4.5 Energy and Utilities Construction
- Outlook
- Project analytics
- Latest news and developments
4.6 Institutional Construction
- Outlook
- Project analytics
- Latest news and developments
4.7 Residential Construction
- Outlook
- Project analytics
- Latest news and developments
5 Key Industry Participants
5.1 Contractors
5.2 Consultants
6 Construction Market Data
7 Appendix
For more information about this report visit https://www.researchandmarkets.com/r/oft6as
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View source version on businesswire.com: https://www.businesswire.com/news/home/20241025437190/en/
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