Country Report - Spain

Country Report - Spain
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Electronics output in Spain increased by 2.2% in 2019, the sixth consecutive year of growth, but in the wake of the pandemic declined by 5.6% in 2020 but is forecast to rebound in 2021 and increase by 3.2%. Once one of the major sectors of the Spanish electronics industry – in 2000 it accounted for 36% of the total – the output of telecommunications equipment has stabilised since 2014. Following growth of 3.3% in 2018, output increased by an estimated 2.1% in 2019 but is expected to contract by 3.1% in 2020. Although output is expected to be impacted by COVID-19 it will be partly offset by the demand for equipment to support the increased growth in data. The communications and radar segment, is dominated by the production of radar and navigational aids the two product groups accounting for 71.5% of the total in 2020. After posting growth of 2.8% in 2019 output is forecast to decline by 1.4% in 2020, the fall primarily due to the weakening demand from the commercial aviation segment offset by stability in the defence segment. The industrial segment, the main driver increasing overall electronics output in 2019, declined by 8.1% in 2020 a 9.6% and 16.0% decline control and instrumentation and industrial, respectively, was offset by a 2.0% increase in medical.  As the impact of the pandemic fades over the course of the first half of 2021 the industrial segment is forecast to post growth of 4.1% in 2021. Although stable in 2019, this following the 4.4% decline in the prior year, the production of computer equipment is forecast to decline by 4.6% in 2020 and then post low single-digit declines over the period to 2024.

Table of Contents

Economic Overview
Industry Structure
Production Data 2018-2021
Market Data 2018-2024
Methodologies/Guide to Statistics

Product Coverage

Computing
Office Equipment
Control & Instrumentation
Medical & Industrial
Radio Communications
Telecommunications
Consumer
Semiconductors
Passive Components
Other Components

The Spanish Electronics Industry Report provides essential market intelligence for all sizes of company from small enterprises to major global groups and for financial/management consultancies, government agencies and academia requiring a reliable overview of the electronics industry in Spain.

Last Update: May 2021

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