The market is dominated by foreign suppliers, as imports account for 81.4% of total market size in 2022. B2B drives market demand, with B2B spending representing 68.0% of total demand in 2022. Spain has the sixth largest market size for electricity distribution and control apparatus regionally, with demand reaching USD5.1 billion in 2022. Schneider Electric España SA is the largest company in Spain, generating 12.6% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 27.6% of total production value in 2022. The total number of companies increases in 2022, to 154 units. The costs of the industry decrease by 5.5% in 2022, largely driven by declining B2B costs. The industry’s profitability decreases and stands at 8.5% of production value in 2022, the 12th highest regionally. The industry’s exports share increases in 2022 to 75.9% of total production output. With production value of USD3.5 billion, Spain accounts for 2.7% of the Western Europe total in 2022.
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This Euromonitor industrial report provides unique information on Electricity Distribution and Control Apparatus in Spain: ISIC 312. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electricity Distribution and Control Apparatus in Spain: ISIC 312 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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