The market is dominated by foreign suppliers, as imports account for 86.1% of total market size in 2021. B2B drives market demand, with B2B spending representing 100% of total demand in 2021. Brazil has the second largest market size for industrial process control equipment regionally, with demand reaching USD1.4 billion in 2021. ABB Ltda is the largest company in Brazil, generating 16.5% of the industry’s total production value in 2021. The industry is fragmented, with the top five companies generating 42.8% of total production value in 2021. The total number of companies decreases in 2021, to 917 units. The costs of the industry increase by 4.4% in 2021, largely driven by rising B2B costs. The industry’s profitability increases and stands at 30.7% of production value in 2021, the highest regionally. With production value of USD195 million, Brazil accounts for 7.4% of the Latin America total in 2021.
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This Euromonitor industrial report provides unique information on Industrial Process Control Equipment in Brazil: ISIC 3313. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Industrial Process Control Equipment in Brazil: ISIC 3313 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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