The market is dominated by foreign suppliers, as imports account for 56.0% of total market size in 2024. B2B drives market demand, with B2B spending representing 59.4% of total demand in 2024. Spain has the seventh largest market size for electric lamps and lighting equipment regionally, with demand reaching USD2.0 billion in 2024. Signify Mfg Spain SL is the largest company in Spain, generating 5.3% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 18.0% of total production value in 2024. The total number of companies decreases in 2024, to 440 units. The costs of the industry increase by 1.2% in 2024, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 13.0% of production value in 2024, the 10th highest regionally. The industry’s exports share decreases in 2024 to 48.7% of total production output. With production value of USD1.8 billion, Spain accounts for 7.5% of the Western Europe total in 2024.
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This Euromonitor industrial report provides unique information on Electric Lamps and Lighting Equipment in Spain: ISIC 315. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electric Lamps and Lighting Equipment in Spain: ISIC 315 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Hi-tech Goods in Spain report includes:
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- Historic data on industry’s turnover, market size, imports and exports
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Electric Lamps and Lighting Equipment in Spain: ISIC 315
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Hi-tech Goods
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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