Mexico - Latin America Electric Power Transmission And Distribution Equipment Market Size & Outlook
The electric power transmission and distribution equipment market in Mexico - Latin America is expected to reach a projected revenue of US$ 6.3 billion by 2030. A compound annual growth rate of 3.2% is expected of Mexico - Latin America electric power transmission and distribution equipment market from 2023 to 2030.
Revenue, 2022 (US$B)
$4.9
Forecast, 2030 (US$B)
$6.3
CAGR, 2023 - 2030
3.2%
Report Coverage
Mexico
Mexico - Latin America Electric Power Transmission And Distribution Equipment Market, 2018-2030 (US$B)
Global Market
Related Markets
Mexico electric power transmission and distribution equipment market highlights
- The Mexico electric power transmission and distribution equipment market generated a revenue of USD 4.9 billion in 2022 and is expected to reach USD 6.3 billion by 2030.
- The Mexico market is expected to grow at a CAGR of 3.2% from 2023 to 2030.
- In terms of segment, cables & lines was the largest revenue generating product in 2022.
- Insulators & Fittings is the most lucrative product segment registering the fastest growth during the forecast period.
Electric power transmission and distribution equipment market data book summary
| Market revenue in 2022 | USD 4.9 billion |
| Market revenue in 2030 | USD 6.3 billion |
| Growth rate | 3.2% (CAGR from 2022 to 2030) |
| Largest segment | Cables & lines |
| Fastest growing segment | Insulators & Fittings |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD billion |
| Market segmentation | Transformer, Switchgear, Insulators & Fittings, Cables & Lines |
| Key market players worldwide | ABB Ltd, Siemens AG, Schneider Electric SE, Eaton Corp PLC, GE Renewable Energy |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.3% of the global electric power transmission and distribution equipment market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Mexico electric power transmission and distribution equipment market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 6.3 billion by 2030.
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Electric Power Transmission And Distribution Equipment Market Scope
Electric Power Transmission And Distribution Equipment Market segmentation & scope
Electric Power Transmission And Distribution Equipment Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Schneider Electric SE | View profile | 162,339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | www.se.com |
| ABB Ltd | View profile | 108,700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | www.abb.com |
| Siemens AG | View profile | 321,000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | www.siemens.com |
| Eaton Corp PLC | View profile | 94,000 | 30 Pembroke Road, Eaton House, Dublin, Ireland, D04 Y0C2 | www.eaton.com |
| GE Renewable Energy | View profile | 10001+ | Boulogne-billancourt, Ile-de-France, France, Europe | www.ge.com/renewableenergy |
Mexico - Latin America Electric Power Transmission And Distribution Equipment Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Electric Power Transmission And Distribution Equipment Market Outlook will help companies and investors design strategic landscapes.
Cables & Lines was the largest segment with a revenue share of 26.53% in 2022.
Horizon Databook has segmented the Mexico - Latin America electric power transmission and distribution equipment market based on transformer, switchgear, insulators & fittings, cables & lines covering the revenue growth of each sub-segment from 2018 to 2030.
- Mexico - Latin America Electric Power Transmission And Distribution Equipment Market Products Outlook (Revenue, USD Billion , 2018-2030)
- Transformer
- Switchgear
- Insulators & Fittings
- Cables & Lines
- Others
- Mexico - Latin America Electric Power Transmission And Distribution Equipment Market Sales Channel Outlook (Revenue, USD Billion , 2018-2030)
- Indirect Channel
- Direct Channel
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico - Latin America Electric Power Transmission And Distribution Equipment Market Outlook, including forecasts for subscribers. This country databook contains high-level insights into Mexico - Latin America Electric Power Transmission And Distribution Equipment Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Mexico - Latin America Electric Power Transmission And Distribution Equipment Market, 2018-2030 (US$B)
Mexico electric power transmission and distribution equipment market statistics, by product, 2018-2030 (USD Billion)
