Spain Machinery and Equipment Tenders

The Spanish machinery and equipment market is thriving, expected to reach €22.57 billion by 2023 and €32.35 billion by 2028, boasting a healthy CAGR of 4.37%. This growth is driven by diverse sectors, including construction, agriculture, and manufacturing.

Government procurement plays a key role in the machinery and equipment market, influencing product development and driving innovation. In 2023 alone, the government is estimated to spend €7.25 billion on machinery and equipment, creating opportunities for manufacturers and service providers.

The government primarily procures construction machinery, followed by agricultural machinery and industrial equipment. This includes earthmovers, tractors, harvesters, machine tools, and automation systems, vital for infrastructure projects, agricultural production, and industrial operations.

Several authorities oversee government procurement in Spain. The Ministry of Finance, through the General Directorate of Rationalization and Centralized Procurement, plays a central role. Additionally, sector-specific ministries, such as the Ministry of Agriculture, Fisheries and Food, also handle procurement within their respective domains.

Major players in the Spanish machinery and equipment market stand to benefit from government procurement. Some of the top winners include:
Construction: Caterpillar, Volvo Construction Equipment, Komatsu
Agriculture: John Deere, CNH Industrial, AGCO Corporation
Industrial: Siemens, Bosch Rexroth, ABB

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