Attractiveness Analysis of the Mexican Solar Power Market

  • November 2012
  • -
  • Frost & Sullivan
  • -
  • 59 pages

This research service analyzes the solar power market in Mexico. Until recently, the market sales were focused on off-grid systems, but major changes have overturned this trend and have created new opportunities for vendors in Mexico. A continuous economic expansion and a consistent electricity demand paved the way for the increasing levels of installed capacity. This study provides market engineering measurements and examines the market drivers and restraints throughout the forecast period of 2012-2016. The study offers revenue forecasts and regulatory structures and provides market analysis.
Executive Summary
•The Mexican solar power market is in the early stages of growth. This trend is expected to shift before 2016 as a result of newcomers and increasing installed capacity.
•The total market was worth $xx million in revenue and had a xxx Megawatt-peak (MWp) of installed capacity in 2011. Market size will reach $xx million by the end of forecast period, accounting for a CAGR of xxx percent; this is in line with the installed capacity output of MWp.
•The market is not supported by policy measures. On the contrary, the low cost of electricity as a result of subsidies is hindering market growth.
•Without government support, solar power is reducing economic viability.
•Although off-grid installations dominate the market, this trend is likely to reverse and grid-connected systems will account for the bulk of installed capacity. In fact, 2011 market sales followed this new trend.

Table Of Contents


Executive Summary 4
Market Overview 9
Solar Power Market -
•External Challenges: Drivers and Restraints 22
•Forecasts and Trends 30
•Demand Analysis 39
•Market Share and Competitive Analysis 41
The Last Word 48
Appendix 51

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