The gross investment in the manufacture of fluid power equipment in Spain has experienced significant fluctuations from 2013 to 2023, standing at 16.3 million euros in 2023. From 2013 to 2020, the sector saw dramatic year-on-year changes, including a peak in 2019 with a growth of 152.17%. However, this was followed by a sharp decline in 2020. Between 2021 and 2022, moderate growth resumed, with an increase of 21.19% in 2022 and 13.99% in 2023.
The Compound Annual Growth Rate (CAGR) over the past five years (2018-2023) was 2.28%, highlighting a relatively stable yet modest growth trend for the sector.
Future trends to watch for include technological advancements in fluid power equipment, increases in automation, and sustainability initiatives. Monitoring global supply chain dynamics and economic policies will be crucial for forecasting future investment patterns beyond 2028.
