The market is dominated by foreign suppliers, as imports account for 80.8% of total market size in 2023. B2B drives market demand, with B2B spending representing 99.3% of total demand in 2023. Brazil has the second largest market size for industrial process control equipment regionally, with demand reaching USD1.8 billion in 2023. ABB Ltda is the largest company in Brazil, generating 14.2% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 36.9% of total production value in 2023. The total number of companies increases in 2023, to 3,226 units. The costs of the industry increase by 3.3% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 32.6% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 26.0% of total production output. With production value of USD290 million, Brazil accounts for 8.0% of the Latin America total in 2023.
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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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