The market is dominated by domestic suppliers, as imports account for 41.5% of total market size in 2022. B2B drives market demand, with B2B spending representing 96.0% of total demand in 2022. Brazil has the second largest market size for electric motors, generators and transformers regionally, with demand reaching USD10.0 billion in 2022. WEG SA is the largest company in Brazil, generating 10.5% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 25.4% of total production value in 2022. The total number of companies decreases in 2022, to 2,816 units. The costs of the industry increase by 5.6% in 2022, largely driven by rising B2B costs. The industry’s profitability increases and stands at 10.6% of production value in 2022, the 13th highest regionally. The industry’s exports share increases in 2022 to 27.3% of total production output. With production value of USD6.3 billion, Brazil accounts for 40.5% of the Latin America total in 2022.
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This Euromonitor industrial report provides unique information on Electric Motors, Generators and Transformers in Brazil: ISIC 311. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electric Motors, Generators and Transformers in Brazil: ISIC 311 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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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