The market is dominated by foreign suppliers, as imports account for 50.6% of total market size in 2022. B2B drives market demand, with B2B spending representing 55.8% of total demand in 2022. Spain has the sixth largest market size for electric lamps and lighting equipment regionally, with demand reaching USD2.3 billion in 2022. Signify Mfg Spain SL is the largest company in Spain, generating 5.7% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 19.1% of total production value in 2022. The total number of companies increases in 2022, to 541 units. The costs of the industry remain unchanged in 2022. The industry’s profitability increases and stands at 15.2% of production value in 2022, the 11th highest regionally. The industry’s exports share decreases in 2022 to 41.7% of total production output. With production value of USD2.0 billion, Spain accounts for 8.9% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Electric Lamps and Lighting Equipment in Spain: ISIC 315. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electric Lamps and Lighting Equipment in Spain: ISIC 315 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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