Construction Machinery Manufacturing in Mexico - Industry Market Research Report

Badly constructed: Declining exports are expected to hinder the industry

Construction Machinery Manufacturing in Mexico
The Construction Machinery Manufacturing industry in Mexico is expected to decline over the five years to 2019. While slightly recovering in recent years, this overall decline was largely the result of former industry operators exiting the industry. Many of these companies decided to relocate operations to the US or elsewhere, which decreased the volume and value of industry goods to export. Over the five years to 2024, stabilizing steel prices are not expected to be enough to counter weakening export levels. Despite an expected sustained appreciation in the US dollar exchange rate, recent trade tensions could quell any demand from US companies for industry goods. Establishments in the Construction Machinery Manufacturing industry in Mexico are mainly dedicated to the production of machinery and equipment for construction, such as tractors, earth-moving machines, bulldozers and concrete mixers. Establishments that manufacture machinery and equipment for forestry are also included. However, those engaged primarily in the production of concrete-stirring trucks are not included. This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.