The Spanish automotive component industry is present in more tan 170 countries in the five continents and exports more than 58% of their overall billing. With this framework, the Spanish component and equipment sector, as a whole, has a decisive roll in the vehicle value chain, contributing around 75% of its total. This percentage will gradually go up since components, technology-wise, are every time more sophisticated.
The component and equipment industry’s international expansion happens as result of the Spanish automotive suppliers’ high productivity and quality plus staff qualification, serious R&D&I investment and the strong environmental-responsibility commitment.
At Autoparts from Spain, we support the Spanish Branding (Marca España) in the automotive component sector. As a result, we developed the “SpanishAutomotiveSuppliersAre” campaign, a statement on everything that Spanish automotive suppliers are and represent.
Spanish Automotive component companies strongly support research, development and innovation. They are aware of the dynamism in the sector and the urge to create new products adaptable to the relentless and exigent manufacturers’ needs. In fact, a +€1,500 million investment makes the Spanish automotive components and equipment industry one of the leading sectors in R&D&I both nationally and internationally. This strong move on R&D&I represents 4.2% of their billing, three times the Spanish industry average.
Besides, quality is one of the signals of identity of the Spanish component industry. High quality standards guarantee each and every vehicle–making steps from design to manufacturing
In order to achieve excellent performances, the component manufacturers set remarkable investments both in generating new products and getting quality-and-sustainability-oriented manufacturing processes to be more efficient. With all that, that Spanish automotive components and equipment industry offers an added value, thanks to the ongoing improvement on product, process and service.
These high quality standards in commitment, professionalism, sustainability and innovation make the “Marca España” automotive components to be present in more than 170 countries. Despite of the last months’ Covid-19 health crisis, such very same industry keeps being a first choice for many manufacturers and consumers.
If you want to learn why Spanish automotive suppliers are present in the five continents click this link
Presence at international events not only boosts brand positioning, but also market diversification. One example is the outstanding participation of Autoparts from Spain in Automechanika Dubai, one of the most important trade fairs in the international automotive industry. This participation positions the initiative as a benchmark of excellence in the global automotive industry and promotes the image of Spain as a country with a high quality and reliable automotive industry.
Between January and April 2023 exports of Spanish automotive components and equipment reached €9,028 million which is a +26.2%, inter-annual growth rate, which reflects the dynamism shown by the sector’s sales abroad.
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