The market is dominated by foreign suppliers, as imports account for 74.7% of total market size in 2024. B2B drives market demand, with B2B spending representing 56.6% of total demand in 2024. Mexico has the largest market size for machine tools regionally, with demand reaching USD5.6 billion in 2024. Comau Pico Pitex S de RL de CV is the largest company in Mexico, generating 5.5% of the industry’s total production value in 2024. The industry is fragmented, with the top five companies generating 16.4% of total production value in 2024. The total number of companies increases in 2024, to 24,815 units. The costs of the industry increase by 1.1% in 2024, largely driven by rising labour costs. The industry’s profitability decreases and stands at 7.1% of production value in 2024, the 13th highest regionally. The industry’s exports share decreases in 2024 to 45.0% of total production output. With production value of USD1.9 billion, Mexico accounts for 34.5% of the Latin America total in 2024.
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Overview:
This Euromonitor industrial report provides unique information on Machine Tools in Mexico: ISIC 2922. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Machine Tools in Mexico: ISIC 2922 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
The Machinery in Mexico report includes:
- Five year forecasts on industry’s historic trends and growth
- Insights on key factors shaping industry’s historic and future performance
- Historic data on industry’s turnover, market size, imports and exports
- Detailed overview of industry’s supply and demand structure
- Analysis of competitive landscape changes within the industry
This report answers:
- What is the turnover of the Machinery?
- How the Machinery will perform in the future?
- Which categories are driving industry's growth?
- Which factors will shape industry’s performance?
- What is the industry’s costs and demand structure?
- How profitable is the industry?
- Is industry’s competitive landscape concentrated or fragmented?
Machine Tools in Mexico: ISIC 2922
HEADLINES
MARKET OVERVIEW
Machinery
This is the aggregation of general purpose machinery and special purpose machinery.
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- Understand future opportunities and threats within the industry
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