Industrial Construction Market Mexico Industry Analysis and Forecast (2024-2030), By Type (Buildings Construction, Heavy And Civil Engineering Construction, Specialty Trade Contractors, Land Planning And Development), By Construction/Project Type (New Construction, Renovation And Modernization, Expansion Projects, Design and Build Projects), By Contractor (Large Contractor, Small Contractor), By Material (Steel and Metal, Concrete, Prefabricated Structures, Others (Wood, Glass, etc.)), By Application (Manufacturing Plants, Warehouses, Power Plants, Chemical Plants, Automotive, Aerospace, Medical, Logistics, Energy and Utilities, Infrastructure, Others), By End-Use (Public, Private, Industrial, Commercial, Vertical)
Mexico Industrial Construction Market Synopsis
Mexico Industrial Construction Market Size Was Valued at USD 8,331.65 Million in 2023 and is Projected to Reach USD 14,293.83 Million by 2030, Growing at a CAGR of 7.11% From 2024-2030.
Mexico Industrial Construction Market is estimated to grow at a CAGR of 7.11% from 2024-2030. The Mexico Industrial Construction Market is influenced by various factors, including rapid industrialization and the growing demand for modern infrastructure to support manufacturing, logistics, and export-oriented industries. Continuous advancements in construction techniques, materials, and design strategies are driving the sector's expansion. A major driver is the increasing investment in new industrial facilities, fuelled by Mexico's strategic location as a global manufacturing hub, favourable trade agreements, and the growing presence of key industries such as automotive, electronics, and aerospace.
• The Mexico Industrial Construction Market is significantly influenced by large contractors, who dominate the sector with a substantial market share of (75.62%) in 2023and is expected to reached US$ 10,907.62 by 2030.
• The Mexico Industrial Construction providers are doing strategic partnerships across the globe, with distributors and suppliers, to increase their market presence.
• In the context of the Mexico Industrial Construction Market, these service providers are focusing on developing new technologies to address market needs by enhancing their competitive advantage.
• The vendors are also putting millions of dollars into R&D for technological advancement in the product.
Mexico Industrial Construction Market Trend Analysis
Government Investment:
• Significant government funding has been allocated to public works projects, which has tripled since 2022. Major projects include the Tren Maya Project and the Tehuantepec Isthmus Interoceanic Corridor.
Private Sector Participation:
• The private sector's investment in construction has increased over 40% in the last five years, indicating a robust interest in developing industrial parks and infrastructure.
Mexico Industrial Construction Market Segment Analysis:
Industrial Construction Market Segmented based on Type, Project Type, Contractor, Material, Application, End-Use, and Country.
By Type, Building Construction segment is expected to dominate the market during the forecast period
• Building Construction is the fastest-growing segment in the due to the increasing demand for industrial facilities such as warehouses, manufacturing plants, and logistics centres.
• The rise in e-commerce, coupled with foreign investments in the automotive and electronics sectors, is driving the need for advanced, durable, and sustainable industrial buildings.
Mexico Industrial Construction Market Country Insights:
Northern Mexico Dominated the Market Over the Forecast period
• Over the course of the projected period, Northern Mexico is anticipated to have the largest market share due to its strategic location, proximity to the U.S., and strong industrial growth.
• The region is expected to experience significant growth, driven by the increasing demand for industrial facilities, manufacturing plants, and distribution centres. The presence of major international manufacturing companies, particularly in the automotive, electronics, and manufacturing sectors, is expected to further propel the construction market in Northern Mexico.
Mexico Industrial Construction Market Top Key Players:
• Grupo Carso
• Mota-Engil Group
• Techint E&C
• Aleatica S.A.U.
• Pinfra (Promotora y Operadora de Infraestructura, S.A.B. de C.V.)
• Hermosillo
• CEMEX
• IDEAL
• OHLA (OHL México)
• Marhnos Corporation
Key Developments:
• In Jully 2024, Pemex and Grupo Carso collaborated to resume the development of the Lakach natural gas project in the Gulf of Mexico. The partnership injected over $1.2bn to advance the project, with Grupo Carso acting as the service provider. Pemex retained ownership, while Grupo Carso constructed an onshore facility. Production was expected to begin in about two and a half years.
Industrial Construction Market RD TOC:
1. Research Methodology
1.1. Mexico Industrial Construction Market Snapshot, 2024 and 2030
1.2. Data Mining
1.3. Validation
1.4. Primary Interviews
1.5. List of Data Sources
1.6. Future Market Projections
1.7. Industry Developments and Key Market Events
2. Executive Summary
3. Market Overview
3.1. Market Scope and Definition
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunity
3.2.4. Challenges
3.2.5. Key Trends
3.3. Industrial Construction Market: Value Chain
3.3.1. List of Raw Material Supplier
3.3.2. List of Manufacturers
3.3.3. List of Application
3.4. Porter Five Force’s Analysis
3.5. Regulatory and Technology Landscape
4. Mexico Industrial Construction Market Outlook: Forecast (2024 – 2030)
4.1. Key Highlights
4.1.1. Market Size and Y-o-Y Growth
4.1.2. Absolute $ Opportunity
4.2. Market Size (US$ Mn) Analysis and Forecast
4.2.1. Current Market Size Forecast, 2024–2030
4.3. Mexico Industrial Construction Market Outlook: Type
4.3.1. Introduction / Key Findings
4.3.2. Market Size (US$ Mn) and Forecast By Type, 2024 – 2030
4.3.2.1. Buildings Construction
4.3.2.2. Heavy And Civil Engineering Construction
4.3.2.3. Specialty Trade Contractors
4.3.2.4. Land Planning And Development
4.4. Mexico Industrial Construction Market Outlook: Construction/Project Type
4.4.1. Introduction / Key Findings
4.4.2. Market Size (US$ Mn) and Forecast By Construction/Project Type, 2024 – 2030
4.4.2.1. New Construction
4.4.2.2. Renovation And Modernization
4.4.2.3. Expansion Projects
4.4.2.4. Design and Build Projects
4.5. Mexico Industrial Construction Market Outlook: Contractor
4.5.1. Introduction / Key Findings
4.5.2. Market Size (US$ Mn) and Forecast By Contractor, 2024 – 2030
4.5.2.1. Large Contractor
4.5.2.2. Small Contractor
4.6. Mexico Industrial Construction Market Outlook: Material
4.6.1. Introduction / Key Findings
4.6.2. Market Size (US$ Mn) and Forecast By Material, 2024 – 2030
4.6.2.1. Steel and Metal
4.6.2.2. Concrete
4.6.2.3. Prefabricated Structures
4.6.2.4. Others (Wood, Glass, etc.)
4.7. Mexico Industrial Construction Market Outlook: Application
4.7.1. Introduction / Key Findings
4.7.2. Market Size (US$ Mn) and Forecast By Application, 2024 – 2030
4.7.2.1. Manufacturing Plants
4.7.2.2. Warehouses, Power Plants
4.7.2.3. Chemical Plants
4.7.2.4. Automotive
4.7.2.5. Aerospace
4.7.2.6. Medical
4.7.2.7. Logistics
4.7.2.8. Energy and Utilities
4.7.2.9. Infrastructure
4.7.2.10. Others
4.8. Mexico Industrial Construction Market Outlook: End-Use
4.8.1. Introduction / Key Findings
4.8.2. Market Size (US$ Mn) and Forecast By End-Use, 2024 – 2030
4.8.2.1. Public
4.8.2.2. Private
4.8.2.3. Industrial
4.8.2.4. Commercial
4.8.2.5. Vertical
5. Competition Analysis
5.1. Market Share Analysis Of Top Vendors
5.2. Market Structure
5.2.1. Competition Intensity Mapping By Market
5.2.2. Competition Dashboard
5.2.3. Key Development Strategies
5.3. Company Profiles
5.3.1. Grupo Carso
5.3.1.1. Overview
5.3.1.2. Offerings
5.3.1.3. Business Segment & Geographic Overview
5.3.1.4. Key Financials
5.3.1.5. Key Market Developments
5.3.1.6. Key Market Strategy
5.3.2. Mota-Engil Group
5.3.3. Techint E&C
5.3.4. Aleatica S.A.U.
5.3.5. Pinfra (Promotora y Operadora de Infraestructura, S.A.B. de C.V.)
5.3.6. Hermosillo
5.3.7. CEMEX
5.3.8. IDEAL
5.3.9. OHLA (OHL México)
5.3.10. Marhnos Corporation
