Automotive Manufacturing in Mexico
Summary
Automotive Manufacturing in Mexico industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value and volume 2018-23, and forecast to 2028). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- Automotive manufacturing market is segmented into car manufacturing, motorcycle manufacturing, and truck manufacturing. Market value of the automotive manufacturing industry is calculated based on the manufacturer's selling price, excluding taxes and levies. Market volume represents the production of vehicles in a country in a specific year.
- The Mexican automotive manufacturing industry had total revenues of $127.5 billion in 2023, representing a compound annual growth rate (CAGR) of 6.7% between 2018 and 2023.
- Industry production volume increased with a CAGR of 1.5% between 2018 and 2023, to reach a total of 7.1 thousand units in 2023.
- The Mexican government provides incentives for environmentally friendly industrial practices, supporting investment in electric vehicle (EV) production and sustainable technologies.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the automotive manufacturing market in Mexico
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the automotive manufacturing market in Mexico
- Leading company profiles reveal details of key automotive manufacturing market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Mexico automotive manufacturing market with five year forecasts by both value and volume
- What was the size of the Mexico automotive manufacturing market by value in 2023?
- What will be the size of the Mexico automotive manufacturing market in 2028?
- What factors are affecting the strength of competition in the Mexico automotive manufacturing market?
- How has the market performed over the last five years?
- Who are the top competitors in Mexico's automotive manufacturing market?
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. How is new technology shaping long-term strategies?
- 7.4. What are the most notable recent developments in this industry?
- 8 Company Profiles
- 8.1. PACCAR Inc.
- 8.2. Mercedes-Benz Group AG.
- 8.3. Nissan Motor Co., Ltd.
- 8.4. Hyundai Motor Company
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Mexico automotive manufacturing industry value: $ billion, 2018-23
- Table 2: Mexico automotive manufacturing industry volume: thousand units, 2018-23
- Table 3: Mexico automotive manufacturing industry category segmentation: % share, by value, 2018-2023
- Table 4: Mexico automotive manufacturing industry category segmentation: $ billion, 2018-2023
- Table 5: Mexico automotive manufacturing industry geography segmentation: $ billion, 2023
- Table 6: Mexico automotive manufacturing industry value forecast: $ billion, 2023-28
- Table 7: Mexico automotive manufacturing industry volume forecast: thousand units, 2023-28
- Table 8: PACCAR Inc.: key facts
- Table 9: PACCAR Inc.: Annual Financial Ratios
- Table 10: PACCAR Inc.: Key Employees
- Table 11: PACCAR Inc.: Key Employees Continued
- Table 12: Mercedes-Benz Group AG.: key facts
- Table 13: Mercedes-Benz Group AG.: Annual Financial Ratios
- Table 14: Mercedes-Benz Group AG.: Key Employees
- Table 15: Mercedes-Benz Group AG.: Key Employees Continued
- Table 16: Nissan Motor Co., Ltd.: key facts
- Table 17: Nissan Motor Co., Ltd.: Annual Financial Ratios
- Table 18: Nissan Motor Co., Ltd.: Key Employees
- Table 19: Nissan Motor Co., Ltd.: Key Employees Continued
- Table 20: Nissan Motor Co., Ltd.: Key Employees Continued
- Table 21: Nissan Motor Co., Ltd.: Key Employees Continued
- Table 22: Hyundai Motor Company: key facts
- Table 23: Hyundai Motor Company: Annual Financial Ratios
- Table 24: Hyundai Motor Company: Key Employees
- Table 25: Hyundai Motor Company: Key Employees Continued
- Table 26: Mexico size of population (million), 2019-23
- Table 27: Mexico real gdp (constant 2010 prices, $ billion), 2019-23
- Table 28: Mexico gdp (current prices, $ billion), 2019-23
- Table 29: Mexico inflation, 2019-23
- Table 30: Mexico consumer price index (absolute), 2019-23
- Table 31: Mexico exchange rate, 2019-23
- List of Figures
- Figure 1: Mexico automotive manufacturing industry value: $ billion, 2018-23
- Figure 2: Mexico automotive manufacturing industry volume: thousand units, 2018-23
- Figure 3: Mexico automotive manufacturing industry category segmentation: $ billion, 2018-2023
- Figure 4: Mexico automotive manufacturing industry geography segmentation: % share, by value, 2023
- Figure 5: Mexico automotive manufacturing industry value forecast: $ billion, 2023-28
- Figure 6: Mexico automotive manufacturing industry volume forecast: thousand units, 2023-28
- Figure 7: Forces driving competition in the automotive manufacturing industry in Mexico, 2023
- Figure 8: Drivers of buyer power in the automotive manufacturing industry in Mexico, 2023
- Figure 9: Drivers of supplier power in the automotive manufacturing industry in Mexico, 2023
- Figure 10: Factors influencing the likelihood of new entrants in the automotive manufacturing industry in Mexico, 2023
- Figure 11: Factors influencing the threat of substitutes in the automotive manufacturing industry in Mexico, 2023
- Figure 12: Drivers of degree of rivalry in the automotive manufacturing industry in Mexico, 2023
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