The market is dominated by domestic suppliers, as imports account for 6.7% of total market size in 2023. B2B drives market demand, with B2B spending representing 70.6% of total demand in 2023. Mexico has the second largest market size for steam generators regionally, with demand reaching USD736 million in 2023. Cerrey SA de CV is the largest company in Mexico, generating 13.8% of the industry’s total production value in 2023. The industry is fragmented, with the top five companies generating 33.1% of total production value in 2023. The total number of companies decreases in 2023, to 916 units. The costs of the industry increase by 21.1% in 2023, largely driven by rising B2B costs. The industry’s profitability increases and stands at 13.0% of production value in 2023, the third highest regionally. The industry’s exports share decreases in 2023 to 5.1% of total production output. With production value of USD548 million, Mexico accounts for 25.6% of the Latin America total in 2023.
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This Euromonitor industrial report provides unique information on Steam Generators in Mexico: ISIC 2813. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Steam Generators in Mexico: ISIC 2813 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
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