The market is dominated by foreign suppliers, as imports account for 64.7% of total market size in 2023. Investments drive market demand, with investments representing 56.8% of total demand in 2023. Mexico has the second largest market size for aircraft and spacecraft regionally, with demand reaching USD4.4 billion in 2023. Safran SA is the largest company in Mexico, generating 37.7% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 41.2% of total production value in 2023. The total number of companies increases in 2023, to 7,544 units. The costs of the industry increase by 51.4% in 2023, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 20.1% of production value in 2023, the highest regionally. The industry’s exports share decreases in 2023 to 63.0% of total production output. With production value of USD3.6 billion, Mexico accounts for 45.8% of the Latin America total in 2023.
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This Euromonitor industrial report provides unique information on Aircraft and Spacecraft in Mexico: ISIC 353. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Aircraft and Spacecraft in Mexico: ISIC 353 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of aircraft and spacecraft, motors vehicles, trailers and semi-trailers, motocycles, bicycles and other transport equipment, railway and tramway locomotives and rolling stock, and ships and boats.
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