The market is dominated by foreign suppliers, as imports account for 66.9% of total market size in 2023. Investments drive market demand, with investments representing 51.6% of total demand in 2023. Mexico has the largest market size for electricity distribution and control apparatus regionally, with demand reaching USD8.0 billion in 2023. Molex de México SA de CV is the largest company in Mexico, generating 4.4% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 9.3% of total production value in 2023. The total number of companies increases in 2023, to 25,652 units. The costs of the industry increase by 17.8% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 13.6% of production value in 2023, the third highest regionally. The industry’s exports share decreases in 2023 to 77.1% of total production output. With production value of USD8.9 billion, Mexico accounts for 63.4% of the Latin America total in 2023.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Electricity Distribution and Control Apparatus in Mexico: ISIC 312. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electricity Distribution and Control Apparatus in Mexico: ISIC 312 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.
See all of our definitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!