The market is dominated by domestic suppliers, as imports account for 28.9% of total market size in 2022. B2B drives market demand, with B2B spending representing 44.2% of total demand in 2022. Mexico has the second largest market size for electric lamps and lighting equipment regionally, with demand reaching USD1.6 billion in 2022. Acuity Brands Lighting de México S de RL de CV is the largest company in Mexico, generating 18.8% of the industry’s total production value in 2022. The industry is fragmented, with the top five companies generating 38.3% of total production value in 2022. The total number of companies increases in 2022, to 16,867 units. The costs of the industry increase by 13.8% in 2022, largely driven by rising B2B costs. The industry’s profitability decreases and stands at 7.6% of production value in 2022, the 13th highest regionally. The industry’s exports share decreases in 2022 to 50.6% of total production output. With production value of USD1.8 billion, Mexico accounts for 48.6% of the Latin America total in 2022.
Delivery:
Files are delivered directly into your account soon after payment is received and any tax is certification is verified (where applicable).
This report comes in PDF.
This Euromonitor industrial report provides unique information on Electric Lamps and Lighting Equipment in Mexico: ISIC 315. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Electric Lamps and Lighting Equipment in Mexico: ISIC 315 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of electricity generation, distribution and storage equipment, computers, office machinery and communications equipment, and medical and precision equipment.
See All of Our DefinitionsIf you purchase a report that is updated in the next 60 days, we will send you the new edition and data extraction Free!