The market is dominated by foreign suppliers, as imports account for 82.6% of total market size in 2023. B2B drives market demand, with B2B spending representing 69.9% of total demand in 2023. Spain has the sixth largest market size for electricity distribution and control apparatus regionally, with demand reaching USD5.8 billion in 2023. Schneider Electric España SA is the largest company in Spain, generating 11.3% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 24.8% of total production value in 2023. The total number of companies decreases in 2023, to 142 units. The costs of the industry increase by 14.1% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 9.6% of production value in 2023, the 11th highest regionally. The industry’s exports share decreases in 2023 to 78.7% of total production output. With production value of USD4.2 billion, Spain accounts for 3.0% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Electricity Distribution and Control Apparatus in Spain: ISIC 312. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electricity Distribution and Control Apparatus in Spain: ISIC 312 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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