The market is dominated by foreign suppliers, as imports account for 80.1% of total market size in 2023. B2B drives market demand, with B2B spending representing 50.9% of total demand in 2023. Spain has the ninth largest market size for industrial process control equipment regionally, with demand reaching USD592 million in 2023. Fagor Automation S Coop is the largest company in Spain, generating 19.1% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 47.3% of total production value in 2023. The total number of companies decreases in 2023, to 97 units. The costs of the industry increase by 8.3% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 4.8% of production value in 2023, the 18th highest regionally. The industry’s exports share decreases in 2023 to 82.1% of total production output. With production value of USD592 million, Spain accounts for 2.2% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Industrial Process Control Equipment in Spain: 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 Spain: ISIC 3313 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of electricity generation, distribution and storage equipment, computers, office machinery and communications equipment, and medical and precision equipment.
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