The market is dominated by foreign suppliers, as imports account for 90.8% of total market size in 2023. Investments drive market demand, with investments representing 51.9% of total demand in 2023. Spain has the eighth largest market size for appliances for measuring, navigating and testing regionally, with demand reaching USD4.0 billion in 2023. Indra Sistemas SA is the largest company in Spain, generating 13.9% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 22.9% of total production value in 2023. The total number of companies decreases in 2023, to 597 units. The costs of the industry increase by 8.1% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 31.3% of production value in 2023, the seventh highest regionally. The industry’s exports share decreases in 2023 to 82.3% of total production output. With production value of USD1.8 billion, Spain accounts for 1.4% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Appliances for Measuring, Navigating and Testing in Spain: ISIC 3312. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Appliances for Measuring, Navigating and Testing in Spain: ISIC 3312 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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