The market is dominated by foreign suppliers, as imports account for 95.6% of total market size in 2023. Households drive market demand, with household spending representing 42.1% of total demand in 2023. Spain has the seventh largest market size for television and radio receivers, sound and video recording devices regionally, with demand reaching USD4.4 billion in 2023. Fujitsu Ten España SA is the largest company in Spain, generating 29.2% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 49.5% of total production value in 2023. The total number of companies increases in 2023, to 120 units. The costs of the industry increase by 20.1% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 18.9% of production value in 2023, the sixth highest regionally. The industry’s exports share decreases in 2023 to 85.6% of total production output. With production value of USD946 million, Spain accounts for 4.9% of the Western Europe total in 2023.
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This Euromonitor industrial report provides unique information on Television and Radio Receivers, Sound and Video Recording Devices in Spain: ISIC 323. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Television and Radio Receivers, Sound and Video Recording Devices in Spain: ISIC 323 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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