The market is dominated by domestic suppliers, as imports account for 46.3% of total market size in 2022. B2B drives market demand, with B2B spending representing 66.6% of total demand in 2022. Australia has the 10th largest market size for electrical equipment for engines and vehicles across the top 20 developed countries, with demand reaching USD5.2 billion in 2022. Robert Bosch (Australia) Pty Ltd is the largest company in Australia, generating 12.0% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 20.5% of total production value in 2022. The total number of companies increases in 2022, to 931 units. The costs of the industry decrease by 1.1% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 20.7% of production value in 2022, the second highest across the top 20 developed countries. The industry’s exports share decreases in 2022 to 4.6% of total production output. With production value of USD2.1 billion, Australia accounts for 83.6% of the Australasia total in 2022.
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This Euromonitor industrial report provides unique information on Electrical Equipment for Engines and Vehicles in Australia: ISIC 319. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electrical Equipment for Engines and Vehicles in Australia: ISIC 319 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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