Mexico's Wires and Cables Market size is projected to grow at a CAGR of 2.9% during 2021-27
The Mexico Wires And Cables Market report comprehensively covers the market by components, application, and region. The report provides an unbiased and detailed analysis of the ongoing market trends, opportunities, high growth areas, and market drivers, which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Mexico's Wires and Cables Market Synopsis
Mexico's Wires and Cables Market has witnessed a fall in revenues during 2020 due to the ongoing pandemic of COVID-19, which resulted in a halt in electrification, construction of data centres projects, suspension of economic activities, and lockdown across South-American countries. However, previously it was growing at a steady rate due to several mandatory government regulations, including promoting state-owned utilities such as CFE and Pemex dealing in cables and wires in different ventures across the nation. The upsurge in the technical proliferation and industrialization projects in different horizons, the digital revolution on the back of the huge influx of FDI by private players, and rapid developmental projects launched by the Mexican government were the key catalyzers for the overall growth of the cables and wires market in Mexico.
However, the novel COVID-19 has disrupted the overall economy of Mexico, leaving its devastating imprint on numerous sectors and refraining from the growth of the wire and cables market in Mexico during the year 2020. The economy of Mexico has already forged ahead to the path of gradual economic recovery due to the introduction of the vaccine, reviving the consumption sector through e-commerce, and resumption of other economic activities which were kept on hold amid the global pandemic.
According to the publisher, Mexico's Wires and Cables Market size is projected to grow at a CAGR of 2.9% during 2021-27. Numerous electrification projects in Mexico, on the account of bilateral agreements with American and European companies and financial support from the Mexican Regime-owned enterprises (ROEs), construction of industrial parks, tech-parks, construction-related projects, Trans-Isthmus project would boost the demand for the wires, cables, and related components installation across residential, commercial, and government segments in the coming years.
Market Analysis by Applications
By Applications, Aerospace, Industrial, Marine, Healthcare and Automotive together comprise a cumulative market share of around 60% in the overall market revenues in 2020. The Power & Energy, and Industrial sectors are anticipated to trigger the market demand further. Consumers are likely to continue their preferences towards low voltage cables and wires backed by increasing usage in infrastructures, automation, lighting, sound, security, and video surveillance. The high-voltage segment would witness an upsurge due to the growing government initiatives for electrification and expansion of grids at various plants situated in the country.
Key Attractiveness of the Report
- COVID-19 Impact on the Market.
- 10 Years Market Numbers.
- Historical Data Starting from 2017 to 2020.
- Base Year: 2020
- Forecast Data until 2027.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- Mexico Wires and Cables Market Overview
- Mexico Wires and Cables Market Outlook
- Mexico Wires and Cables Market Forecast
- Historical Data and Forecast of Mexico Wires and Cables Market Revenues and Volume for the Period 2017-2027F
- Historical Data and Forecast of Market Revenues, By Components, for the Period 2017-2027F
- Historical Data and Forecast of Market Revenues and Volumes, By Voltage Types, for the Period 2017-2027F
- Historical Data and Forecast of Market Revenues, By Installation Types, for the Period 2017-2027F
- Historical Data and Forecast of Market Revenues, By Material Types, for the Period 2017-2027F
- Historical Data and Forecast of Market Revenues, By Verticals, for the Period 2017-2027F
- Historical Data and Forecast of Market Revenues, By Regions, for the Period 2017-2027F
- Market Drivers and Restraints
- Mexico Wires and Cables Market Trends
- Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Mexico Wires and Cables Market Share, By Companies
- Mexico Wire and Cables Market COVID-19 Impact Analysis
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
- Market Scope and Segmentation
The report provides a detailed analysis of the following market segments
By Voltage
- Low (Up to 1000 V)
- Medium (1000.1 V to 35 kV)
- High (35.1 Kv to 160 kV)
- Extra-High (Above 160 kV)
By Installation Type
- Overhead
- Underground
By Material Type
- Copper
- Aluminium
- Glass
By Regions
- Northern Region
- Central Region
- Southern Region
Table of Contents
1. Executive Summary
2. Introduction
2.1. Report Description
2.2. Key Highlights of the Report
2.3. Market Scope & Segmentation
2.4. Research Methodology
2.5. Assumptions
3. Mexico Wires & Cables Market Overview
3.1. Mexico Wires and Cables Market Revenues & Volumes, 2017-2027F
3.2. Mexico Wires and Cables Market-Industry Life Cycle
3.3. Mexico Wires and Cables Market-Porter’s Five Forces
3.4. Mexico Wires and Cables Market Revenues & Volumes Share, By Voltage Types, 2020 & 2027F
3.5. Mexico Wires and Cables Market Revenue Share, By Installation Types, 2020 & 2027F
3.6. Mexico Wires and Cables Market Revenue Share, By Material Types, 2020 & 2027F
3.7 Mexico Wires and Cables Market Revenue Share, By Applications, 2020 & 2027F
3.8 Mexico Wires and Cables Market Revenue Share, By Regions, 2020 & 2027F
4. Mexico Wires & Cables Market COVID-19 Impact Analysis
5. Mexico Wires & Cables Market Dynamics
5.1. Impact Analysis
5.2. Market Drivers
5.3. Market Restraints
6. Mexico Wires & Cables Market Trends
7. Mexico Wires & Cables Market Overview, By Voltage
7.1. Mexico Wires & Cables Market Revenues and Volumes, By Low Voltage, 2017 & 2027F
7.2 Mexico Wires & Cables Market Revenues and Volumes, By Medium Voltage, 2017 & 2027F
7.3 Mexico Wires & Cables Market Revenues and Volumes, By High Voltage, 2017 & 2027F
7.4 Mexico Wires & Cables Market Revenues and Volumes, By Extra High Voltage, 2017 & 2027F
8. Mexico Wires & Cables Market Overview, By Installation Type
8.1 Mexico Wires & Cables Market Revenues, By Overhead, 2017-2027F
8.2 Mexico Wires & Cables Market Revenues, By Underground, 2017-2027F
9. Mexico Wires & Cables Market Overview, By Material Type
9.1 Mexico Wires & Cables Market Revenues, By Copper, 2017-2027F
9.2 Mexico Wires & Cables Market Revenues, By Aluminum, 2017-2027F
9.3 Mexico Wires & Cables Market Revenues, By Glass, 2017-2027F
10. Mexico Wires & Cables Market Overview, By Applications
10.1 Mexico Wires & Cables Market Revenues, By Residential, 2017-2027F
10.2 Mexico Wires & Cables Market Revenues, By Buildings and Commercial , 2017-2027F
10.3 Mexico Wires & Cables Market Revenues, By Industrial, 2017-2027F
10.4 Mexico Wires & Cables Market Revenues, By Power and Energy, 2017-2027F
10.5 Mexico Wires & Cables Market Revenues, By IT & Telecommunications, 2017-2027F
10.6 Mexico Wires & Cables Market Revenues, By Healthcare, 2017-2027F
10.7 Mexico Wires & Cables Market Revenues, By Gaming & Amusements, 2017-2027F
10.8 Mexico Wires & Cables Market Revenues, By Automotive, 2017-2027F
10.8.1. Mexico Wires & Cables Market Revenues, By Light Automotive Vehicles , 2017-2027F
10.8.2. Mexico Wires & Cables Market Revenues, By Heavy Automotive Vehicles , 2017-2027F
10.8.3. Mexico Wire & Cables Market Revenues, By Electronic Automotive Vehicles, 2017-2027F
10.8.4. Mexico Wires & Cables Market Revenues, By Motorbikes Automotive Vehicles, 2017-2027F
10.8.5 Mexico Wires & Cables Market Revenues, By Others Automotive Vehicles, 2017-2027F
10.9 Mexico Wires & Cables Market Revenues, By Others, 2017-2027F
11. Mexico Wires & Cables Market Overview, By Regions
11.1 Mexico Wires & Cables Market Revenues, By Northern, 2020 & 2027F
11.2 Mexico Wires & Cables Market Revenues, By Central, 2020 & 2027F
11.3 Mexico Wires & Cables Market Revenues, By Southern, 2020 & 2027F
12. Mexico Wires & Cables Market- Key Performance Indicators
13. Mexico Wires & Cables Market Opportunity Assessment
13.1. Mexico Wires & Cables Market Opportunity Assessment, By Voltage, 2027F
13.2. Mexico Wires & Cables Market Opportunity Assessment, By Installation, 2027F
13.3. Mexico Wires & Cables Market Opportunity Assessment, By Applications, 2027F
13.4 Mexico Wires & Cables Market Opportunity Assessment, By Regions, 2027F
14. Mexico Wires & Cables Market Competitive Landscape
14.1. Mexico Wires & Cables Market Revenue Share, By Companies (2020)
14.2. Mexico Wires & Cables Market Competitive Benchmarking, By Technical Parameters
14.3. Mexico Wires & Cables Market Competitive Benchmarking, By Operating Parameters
15. Mexico Wires & Cables Market Key Clients Identification
16. Company Profiles
16.1. Belden Inc.
16.2. Fujikura Ltd.
16.3. Furukawa Electric Co. Ltd.
16.4. Leoni AG
16.5. Leviton Manufacturing Co.
16.6 LS Cables & System Ltd
16.7 Molex Inc.
16.8 Nexans
16.9 Prysmian SpA
16.10 Sumitomo Corporation
16.11 Viakable S.A. de C.V
17. Key Strategic Recommendations
18. Disclaimer
List of Figures
1. Mexico Wires and Cables Market Revenues & Volumes, 2017-2027F ($ Billion, Million Tons)
2. Industry Life Cycle of Mexico Wire and Cable Market
3. Mexico Wires and Cables Market Revenue Share, By Voltage Types, 2020 & 2027F
4. Mexico Wires and Cables Market Volume Share, By Voltage Types, 2020 & 2027F
5. Mexico Wires and Cables Market Revenue Share, By Installation Types, 2020 & 2027F
6. Mexico Wire and Cables Market Revenue Share, By Material Types, 2020 & 2027F
7. Mexico Wire and Cables Market Revenue Share, By Applications, 2020 & 2027F
8. Mexico Wire and Cables Market Revenue Share, By Regions, 2020 & 2027F
9. COMEX Copper Prices, October 2020-March 2021 (U.S. Dollars per Pounds)
10. Mexico Estimated Investment in Electric Sector 2021-2031 ($ Billion)
11. Mexico Clean Energy Generation Goals, 2018-28
12. Mexico Expected Renewable Power Generation Capacity, 2010-2030
13. Mexico Clean Energy Investment, 2016-2030
14. Mexico Wires & Cables Market Opportunity Assessment, By Voltage Types, 2027F
15. Mexico Wires & Cables Market Opportunity Assessment, By Installation Types, 2027F
16. Mexico Wires & Cables Market Opportunity Assessment, By Applications, 2027F
17. Mexico Wires & Cables Market Opportunity Assessment, By Regions, 2027F
18. Mexico Wires & Cables Market Revenue Share, By Companies, 2020
List of Tables
1. Mexico Ongoing Transmission Projects, 2021-2025
2. Mexico Wire and Cables Market Revenues, By Voltage, 2017-2027F ($ Million)
3. Mexico Wire and Cables Market Volumes, By Voltage, 2017-2027F (Thousand Tons)
4. Mexico Wire and Cables Market Revenues, By Installation, 2017-2027F ($ Million)
5. Mexico Wire and Cables Market Revenues, By Materials, 2017-2027F ($ Million)
6. Mexico Wire and Cables Market Revenues, By Applications, 2017-2027F ($ Million)
7. Mexico Wire and Cables Market Revenues, By Building & Commercial Application, 2017-2027F ($ Million)
8. Mexico Wire and Cables Market Revenues, By Power & Energy Application, 2017-2027F ($ Million)
9. Mexico Wire and Cables Market Revenues, By Industrial Application, 2017-2027F ($ Million)
10. Mexico Wire and Cables Market Revenues, By IT & Telecommunication Application, 2017-2027F ($ Million)
11. Mexico Wire and Cables Market Revenues, By Healthcare Application, 2017-2027F ($ Million)
12. Mexico Wire and Cables Market Revenues, By Gaming & Amusements Application, 2017-2027F ($ Million)
13. Mexico Wire and Cables Market Revenues, By Automotive Application, 2017-2027F ($ Million)
14. Mexico Wire and Cables Market Revenues, By Regions, 2017-2027F ($ Million)
15. Mexico Physical Goals of Transmission Works by Voltage level, 2021-27 (Km-C)
16. Mexico Under Construction Projects, 2021-2025
Companies Mentioned
- Belden Inc.
- Fujikura Ltd.
- Furukawa Electric Co. Ltd.
- Leoni AG
- Leviton Manufacturing Co.
- LS Cables & System Ltd
- Molex Inc.
- Nexans
- Prysmian SpA
- Sumitomo Corporation
- Viakable S.A. de C.V
