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The Spanish engineering market is a powerhouse, ranking 3rd in Europe with a whopping €20.4 billion value. That's a lot of bridges, buildings, and innovative solutions! This growth is fueled by a 7.19% CAGR, with construction equipment alone reaching $7.1 billion by 2028.
The Spanish government is a major player, pouring cash into engineering marvels. They're big on infrastructure, renewable energy, and R&D, making it a goldmine for local and international firms.
Think roads, railways, energy grids, and cutting-edge tech. Design, construction, and maintenance are top priorities, along with environmental solutions and digitalization.
Several authorities hold the reins, like the Ministry of Transport, Mobility and Agenda Urbana, and the Ministry for Ecological Transition and Demographic Challenge. They set the standards and award the juicy contracts.
Spanish giants like Ferrovial and ACCIONA are at the forefront. But don't underestimate international players like Siemens and Aecom, who are also grabbing their share of the pie.
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