The market is dominated by domestic suppliers, as imports account for 19.2% of total market size in 2021. B2B drives market demand, with B2B spending representing 76.1% of total demand in 2021. Mexico has the third largest market size for industrial and laboratory furnaces regionally, with demand reaching USD147 million in 2021. Ald Vacuum Technologies GmbH is the largest company in Mexico, generating 32.7% of the industry’s total production value in 2021. The industry is fragmented, with the top two companies generating 38.1% of total production value in 2021. The total number of companies increases in 2021, to 14,329 units. The costs of the industry increase by 15.5% in 2021, largely driven by rising B2B costs. The industry’s profitability increases and stands at 14.5% of production value in 2021, the highest regionally. With production value of USD130 million, Mexico accounts for 7.0% of the Latin America total in 2021.
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This Euromonitor industrial report provides unique information on Industrial and Laboratory Furnaces in Mexico: ISIC 2914. With this industrial report, you’ll be able to explore the industry from its sources of supply to its buyers. The Industrial and Laboratory Furnaces in Mexico: ISIC 2914 report includes: Industry datagraphics including production data, exports, imports, cost structure, and profitability
This is the aggregation of general purpose machinery and special purpose machinery.
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