The market is dominated by foreign suppliers, as imports account for 80.9% of total market size in 2022. Investments drive market demand, with investments representing 53.0% of total demand in 2022. Spain has the eighth largest market size for industrial process control equipment regionally, with demand reaching USD847 million in 2022. Fagor Automation S Coop is the largest company in Spain, generating 19.7% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 48.9% of total production value in 2022. The total number of companies increases in 2022, to 99 units. The costs of the industry decrease by 6.9% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 5.3% of production value in 2022, the 18th highest regionally. The industry’s exports share increases in 2022 to 65.0% of total production output. With production value of USD395 million, Spain accounts for 1.7% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Industrial Process Control Equipment in Spain: ISIC 3313. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Industrial Process Control Equipment in Spain: ISIC 3313 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of electricity generation, distribution and storage equipment, computers, office machinery and communications equipment, and medical and precision equipment.
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