The market is dominated by domestic suppliers, as imports account for 29.4% of total market size in 2021. B2B drives market demand, with B2B spending representing 72.0% of total demand in 2021. Turkey has the 16th largest market size for industrial process control equipment regionally, with demand reaching USD94.1 million in 2021. Elimko Elektronik Imalat Ve Kontrol Tic Ltd Sti is the largest company in Turkey, generating 16.5% of the industry’s total production value in 2021. The industry is fragmented, with the top four companies generating 25.4% of total production value in 2021. The total number of companies increases in 2021, to 824 units. The costs of the industry decrease by 7.6% in 2021, largely driven by declining labour costs. The industry’s profitability increases and stands at 19.7% of production value in 2021, the highest regionally. With production value of USD91.6 million, Turkey accounts for 0.4% of the Western Europe total in 2021.
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This Euromonitor industrial report provides unique information on Industrial Process Control Equipment in Turkey: 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 Turkey: ISIC 3313 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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