The market is dominated by foreign suppliers, as imports account for 90.5% of total market size in 2022. Investments drive market demand, with investments representing 55.6% of total demand in 2022. Spain has the eighth largest market size for appliances for measuring, navigating and testing regionally, with demand reaching USD3.7 billion in 2022. Indra Sistemas SA is the largest company in Spain, generating 14.6% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 24.0% of total production value in 2022. The total number of companies increases in 2022, to 607 units. The costs of the industry decrease by 7.2% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 24.5% of production value in 2022, the third highest regionally. The industry’s exports share increases in 2022 to 78.8% of total production output. With production value of USD1.4 billion, Spain accounts for 1.3% of the Western Europe total in 2022.
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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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