Mexico Switchgear Market size is projected to grow due to increasing number of projects for the overhaul of electricity transmission grid network and development of renewable-based power plants in the country.
Further, oil & gas sector in the country is expected to witness a boost in the coming years on the back of new plans introduced by PEMEX, a Mexican state-owned petroleum company, for exploration of new oil & gas pit in the Gulf of Mexico. These new projects are expected to generate additional demand for switchgears in the country to provide appropriate power infrastructure.
According to the publisher, Mexico Switchgear Market is projected to grow at a CAGR of 3.3% during 2019-2025.
Medium voltage switchgear segment is anticipated to dominate the overall Mexico switchgear market share, in terms of revenues, on account of demand for such products in new industrial and oil exploration projects. However, low voltage switchgears are expected to grow faster on back of increasing demand for a current-control solution in new residential and commercial projects such as Oak 58 High Living, Iqono Interlomas Towers, Bosque Real Towers, and Platea Business Office., etc.
Based on the applications, oil & gas application is expected to acquire majority of the market revenue share in the overall switchgear market of Mexico, due to upcoming projects in the oil & gas sector. Such developments would also support the growth of gas insulated switchgears in the country.
The report thoroughly covers the market by voltage, by types, by insulation type, and by applications. The report provides an unbiased and detailed analysis of the on-going Mexico switchgear 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.
Key Highlights of the Report:
- Historical Data of Mexico Switchgear Market Revenues for the Period 2015-2018
- Mexico Switchgear Market Size and Mexico Switchgear Market Forecast of Revenues, Until 2025
- Historical Data of Mexico Switchgear Market Revenues, by voltage, for the Period 2015-2018
- Market Size & Forecast of Mexico Switchgear Market Revenues, by voltage, until 2025
- Historical Data of Mexico Switchgear Market Revenues, by insulation type, for the Period 2015-2018
- Market Size & Forecast of Mexico Switchgear Market Revenues, by insulation type, until 2025
- Historical Data of Mexico Switchgear Market Revenues, by types, for the Period 2015-2018
- Market Size & Forecast of Mexico Switchgear Market Revenues, by types, until 2025
- Historical Data of Mexico Switchgear Market Revenues, by applications, for the Period 2015-2018
- Market Size & Forecast of Mexico Switchgear Market Revenues, by applications, until 2025
- Market Drivers
- Market Restraints
- Industry Life Cycle
- Porter’s Five Force Analysis
- Market Opportunity Assessment
- Market Share, By Players
- Competitive Benchmarking
- Company Profiles
- Key Strategic Recommendations
Markets Covered
The report provides a detailed analysis of the following market segments:
By Voltage
Low Voltage
- By Types
- MCB
- MCCB
- C&R
- ACB
- COS
- By Applications
- Residential
- Commercial
- Industrial
- Power Utilities
- Others (Transportation infrastructure etc.)
Medium Voltage (1.1 kV – 36 kV)
- By Types
- ISG (Indoor Switchgear)
- OSG (Outdoor Switchgear)
- Others (RMU, CSS)
- By Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Other Insulated Switchgear (Hybrid, Oil)
- By Applications
- Commercial
- Industrial
- Power Utilities
- Others (Transportation infrastructure etc.)
High voltage Switchgear (<36 kV)
- By Insulation Type
- Air Insulated Switchgear
- Gas Insulated Switchgear
- Other Insulated Switchgear (Hybrid, Oil)
- By Applications
- Industrial
- Power Utilities
- Others (Transportation infrastructure etc.)
By Applications
- Residential
- Commercial
- Industrial
- Power Utilities
- Others (Transportation infrastructure etc.)
Table of Contents
1. Executive Summary
