The market is dominated by foreign suppliers, as imports account for 67.2% of total market size in 2022. B2B drives market demand, with B2B spending representing 96.5% of total demand in 2022. Brazil has the third largest market size for engines and turbines, except aircraft, vehicle and cycle engines regionally, with demand reaching USD1.4 billion in 2022. Perkins Motores do Brasil Ltda is the largest company in Brazil, generating 37.0% of the industry’s total production value in 2022. The industry is concentrated, with the top five companies generating 91.5% of total production value in 2022. The total number of companies decreases in 2022, to 2,782 units. The costs of the industry increase by 8.8% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 5.1% of production value in 2022, the 13th highest regionally. The industry’s exports share increases in 2022 to 30.5% of total production output. With production value of USD569 million, Brazil accounts for 5.9% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Engines and Turbines, Except Aircraft, Vehicle and Cycle Engines in Brazil: ISIC 2911. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Engines and Turbines, Except Aircraft, Vehicle and Cycle Engines in Brazil: ISIC 2911 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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