Key Market Indicators
Mexican imports of electrical equipment are projected to reach around $112 billion by 2026, up from nearly $100 billion in 2021. On average, the demand for this type of product has grown by 1.9% each year since 1995. Mexico holds the sixth spot in the global rankings for 2021, behind Japan in first place. The United States, Germany, and Singapore occupy the second, third, and fourth spots respectively. Meanwhile, exports of electrical equipment from Mexico are forecast to reach approximately $93 billion in 2026, up from around $86 billion in 2021. Supply in this sector has grown at an average rate of 2.6% year on year since 1995. Mexico ranks eighth in the global rankings for 2021, with Malaysia in first place. South Korea, the United States, and Germany hold the second, third, and fourth spots.
Mexico Electrical Equipment Market Data and Forecasts
How much will Mexico Electrical Equipment Market grow to 2026?
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