19
Jan

Spanish electrical market +8.15%

The electrical market in Spain grew by 8.15% in 2015, the Spanish electrical manufacturing association AFME has announced.

There had already been an increase of 6.5% in 2014 after a lean six-year period with cumulative losses of over 60%

This excellent result was attributed among other things to individual factors such as large lighting projects and the renovation drive in the private sector by fitting intelligent electric meters.

Also the building industry has slowly recovered.

For 2016 growth is expected again, but not to the same extent as in 2015.