Market size and recent performance (2009-2024)
Industry revenue has grown at a CAGR of 10.0% over the past five years, to reach an estimated $1.4tr in 2019.
Trends and Insights
- The industry has strongly benefited during the current period from its trade relationship with the United States
- Additional trends and insights available with purchase
Biggest companies in the Automobiles & Pickup Trucks Manufacturing in Mexico
| Company
2019 | Market Share (%)
2019 | Revenue ($m)
2019 | Profit ($m)
2019 | Profit Margin (%)
2019 |
|---|---|---|---|---|
Nissan Motor Company Ltd. | ||||
General Motors Company | ||||
Fiat Chrysler Automobiles NV |
To view the market share and analysis for all 7 top companies in this industry, view purchase options.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including Subcompact cars four-cylinder engines, Compact cars and trucks with four to six cylinder engines and Other. Subcompact cars four-cylinder engines is the largest segment of the Automobiles & Pickup Trucks Manufacturing in Mexico.
Trends and Insights
Compact cars and trucks produced with four to six cylinder engines make up the largest product segment for the Automobiles and Pickup Trucks Manufacturing industry in Mexico.
- In total, this segment comprises an estimated 46.5% of industry goods.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
The Automobiles and Pickup Trucks Manufacturing industry in Mexico plays an important role in total global vehicle manufacturing. Operators in the industry primarily manufacture complete automobiles and light duty vehicles. This includes compact and subcompact cars, sedans, pickup trucks, sports utility vehicles (SUVs) and minivans. The industry also includes operators that manufacture hybrid and electric vehicles as well as light-duty vehicles for industrial use. Over the five years to 2019, the industry is expected to strongly benefit from growing consumer spending in Mexico, leading to accelerated sales of light vehicles in the country. Furthermore, favorable trade conditions and relatively cheap labor in Mexico have attracted many automakers to expand operations in the country, further aiding industry revenue. As a result, IBISWorld expects industry relevant revenue to increase an annualized 10.0% to MXN $1.4 trillion during the current period, including forecast growth of 4.2% in 2019 alone. While strong demand has increased revenue, volatile input prices and rising wage costs are expected to lead to a decrease in industry profit.
What's included in this industry?
Automobile and light truck assemblingAutomobile and light truck chassis manufacturingSubcompact cars four-cylinder enginesCompact cars and trucks with four to six cylinder enginesOtherCompanies
Nissan Motor Company Ltd.General Motors CompanyFiat Chrysler Automobiles NVPurchase this report to view all 7 major companies in this industry.
Related Terms
HYBRIDSPORT-UTILITY VEHICLE (SUV)THE BIG THREEIndustry Code
NAICS 33611MX - Automobiles & Pickup Trucks Manufacturing in Mexico
Performance
Get an indication of the industry's health through historical, current and forward-looking trends in the performance indicators that make or break businesses.
Analyst insights
Consumer spending. Consumer spending affects the timing and quantity of automobile purchases in Mexico. At times when consumer spending is increasing, individuals are more wil...
In this chapter (4)
- Current Performance
- Outlook
- Volatility
- Life Cycle
Key metrics
- Annual Revenue, Recent Growth, Forecast, Revenue Volatility
- Number of Employees, Recent Growth, Forecast, Employees per Business, Revenue per Employee
- Number of Businesses, Recent Growth, Forecast, Employees per Business, Revenue per Business
- Total Profit, Profit Margin, Profit per Business
Charts
- Revenue, including historical (2009-2018) and forecast (2019-2024)
- Employees, including historical (2009-2018) and forecast (2019-2024)
- Businesses, including historical (2009-2018) and forecast (2019-2024)
- Profit, including historical (2009-2019)
- Industry Volatility vs. Revenue Growth
- Industry Life Cycle
Detailed analysis
- Trends in supply, demand and current events that are driving current industry performance
- Expected trends, economic factors and ongoing events that drive the industry's outlook
- Key success factors for businesses to overcome volatility
- How contribution to GDP, industry saturation, innovation, consolidation, and technology and systems influence the industry's life cycle phase.
Products and Markets
Learn about an industry's products and services, markets and trends in international trade.
Analyst insight
Compact cars and trucks produced with four to six cylinder engines make up the largest product segment for the Automobiles and Pickup Trucks Manufacturing industry in Mexico. ...
In this chapter
- Products & Services
- Major Markets
Key metrics
- Largest market segment and value in 2019
- Product innovation level
Charts
- Products & services segmentation in 2019
- Major market segmentation in 2019
Detailed analysis
- Trends impacting the recent performance of the industry's various segments
- Innovations in the industry's product or service offering, specialization or delivery method
- Key factors that successful businesses consider in their offerings
- Buying segments and key trends influencing demand for industry products and services
Geographic Breakdown
Discover where business activity is most concentrated in an industry and the factors driving these trends to find opportunities and conduct regional benchmarking.
Analyst insights
The majority of activity in the Automobiles and Pickup Trucks Manufacturing in Mexico is done in the Southwestern region of the country. This part of the country has been home...
In this chapter (1)
- Business Locations
Charts
- Share of revenue, establishment, wages and employment in each region
- Share of population compared to establishments in each region in 2019
Tables
- Number and share of establishments in each region in 2019
- Number and share of revenue each region accounts for in 2019
- Number and share of wages each region accounts for in 2019
- Number and share of employees in each region in 2019
Detailed analysis
- Geographic spread of the industry across North America, and trends associated with changes in the business landscape
- Key success factors for businesses to use location to their advantage
Competitive Forces
Get data and insights on what's driving competition in an industry and the challenges industry operators and new entrants may face, with analysis built around Porter's Five Forces framework.
Analyst insights
Access to the latest available and most efficient technology and techniques. The degree of investment in technological improvements and product development is important. In th...
In this chapter (4)
- Concentration
- Barriers to Entry
- Substitutes
- Buyer & Supplier Analysis
Key metrics
- Industry concentration level
- Industry competition level and trend
- Barriers to entry level and trend
- Substitutes level and trend
- Buyer power level and trend
- Supplier power level and trend
Charts
- Market share concentration among the top 4 suppliers from 2014-2019
- Supply chain including upstream supplying industries and downstream buying industries, flow chart
Detailed analysis
- Factors impacting the industry’s level of concentration, such as business distribution, new entrants, or merger and acquisition activity.
- Key success factors for businesses to manage the competitive environment of the industry.
- Challenges that potential industry entrants face such as legal, start-up costs, differentiation, labor/capital intensity and capital expenses.
- Key success factors for potential entrants to overcome barriers to entry.
- Competitive threats from potential substitutes for the industry’s own products and services.
- Key success factors for how successful businesses can compete with substitutes.
- Advantages that buyers have to keep favorable purchasing conditions.
- Advantages that suppliers have to maintain favorable selling conditions.
- Key success factors for how businesses can navigate buyer and supplier power.
Companies
Learn about the performance of the top companies in the industry.
Analyst insights
Nissan Motor Company Ltd. (Nissan) is one of Japan's largest automakers and was founded in 1933. Nissan employed 138,910 workers globally as of March 2018 (latest data availab...
In this chapter
- Market Share Concentration
- Companies
- Company Spotlights
Charts
- Industry market share by company in 2015 through 2019
- Major companies in the industry, including market share, revenue, profit and profit margin in 2019
- Overview of Nissan Motor Company Ltd.'s performance by revenue, market share and profit margin from 2013 through 2019
- Overview of General Motors Company's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Fiat Chrysler Automobiles NV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of revenue, market share and profit margin trend for 4 additional companies
Detailed analysis
- Description and key data for Nissan Motor Company Ltd., and factors influencing its performance in the industry
- Description and key data for General Motors Company, and factors influencing its performance in the industry
- Description and key data for Fiat Chrysler Automobiles NV, and factors influencing its performance in the industry
- Description, key data and performance trends for 4 additional companies
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The Automobiles and Pickup Trucks Manufacturing industry in Mexico is characterized by a light level of regulation. The industry is subject to some broad regulations primarily...
In this chapter
- External Drivers
- Regulation & Policy
- Assistance
Key metrics
- Regulation & policy level and trend
- Assistance level and trend
Charts
Detailed analysis
- Demographic and macroeconomic factors influencing the industry
- Major types of regulations, regulatory bodies, industry standards or specific regulations impacting requirements for industry operators
- Key governmental and non-governmental groups or policies that may provide some relief for industry operators.
Key Statistics
Industry Data
Data Tables
Including values and annual change:
- Revenue (2009-2024)
- IVA (2009-2024)
- Establishments (2009-2024)
- Enterprises (2009-2024)
- Employment (2009-2024)
- Exports (2009-2024)
- Imports (2009-2024)
- Wages (2009-2024)
Top Questions Answered
Unlock comprehensive answers and precise data upon purchase. View purchase options.
What is the estimated market size of the Automobiles & Pickup Trucks Manufacturing industry in Mexico in 2019?
The market size of the Automobiles & Pickup Trucks Manufacturing industry in Mexico is $1.4tr in 2019.
How many businesses are there in the Automobiles & Pickup Trucks Manufacturing in Mexico industry in 2019?
There are 21 businesses in the Automobiles & Pickup Trucks Manufacturing industry in Mexico, which has declined at a CAGR of 7.0% between 2014 and 2019.
Has the Automobiles & Pickup Trucks Manufacturing industry in Mexico grown or declined over the past 5 years?
The market size of the Automobiles & Pickup Trucks Manufacturing industry in Mexico has been at a CAGR of 10.0% between 2014 and 2019.
What is the forecast growth of the Automobiles & Pickup Trucks Manufacturing industry in Mexico over the next 5 years?
The Automobiles & Pickup Trucks Manufacturing in Mexico market is forecast to over the five years from 2019 to 2024
What are the biggest companies in the Automobiles & Pickup Trucks Manufacturing market in Mexico?
The biggest companies operating in the Automobiles & Pickup Trucks Manufacturing market in Mexico are Nissan Motor Company Ltd., General Motors Company and Fiat Chrysler Automobiles NV
What does the Automobiles & Pickup Trucks Manufacturing in Mexico include?
Automobile and light truck assembling and Automobile and light truck chassis manufacturing are part of the Automobiles & Pickup Trucks Manufacturing industry.
Which companies have the highest market share in the Automobiles & Pickup Trucks Manufacturing in Mexico?
The company holding the most market share in Mexico is Nissan Motor Company Ltd..
How many people are/were employed in the Automobiles & Pickup Trucks Manufacturing in Mexico in 2019?
There are 98,714 employed in the Automobiles & Pickup Trucks Manufacturing industry in Mexico 2019.
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Related Domestic Industries
- This industry comprises establishments primarily engaged in manufacturing and/or rebuilding motor vehicle gasoline engines.
Methodology
How are IBISWorld reports created?
IBISWorld has been a leading provider of trusted industry research for over 50 years to the most successful companies worldwide. With offices in Australia, the United States, the United Kingdom, Germany and China, we are proud to have local teams of analysts that conduct research, data analysis and forecasting to produce data-driven industry reports.
Our analysts start with official, verified and publicly available sources of data to build the most accurate picture of each industry. Analysts then leverage their expertise and knowledge of the local markets to synthesize trends into digestible content for IBISWorld readers. Finally, each report is reviewed by one of IBISWorld’s editors, who provide quality assurance to ensure accuracy and readability.
IBISWorld relies on human-verified data and human-written analysis to compile each standard industry report. We do not use generative AI tools to write insights, although members can choose to leverage AI-based tools within the platform to generate additional analysis formats.
What data sources do IBISWorld analysts use?
Each industry report incorporates data and research from government databases, industry-specific sources, industry contacts, and our own proprietary database of statistics and analysis to provide balanced, independent and accurate insights.
Analysts also use industry specific sources to complement catch-all sources, although their perspective may focus on a particular organization or representative body, rather than a clear overview of all industry operations. However, when balanced against other perspectives, industry-specific sources provide insights into industry trends.
These sources include:
- Industry and trade associations
- Industry federations or regulators
- Major industry players annual or quarterly filings
Finally, IBISWorld’s global data scientists maintain a proprietary database of macroeconomic and demand drivers, which our analysts use to help inform industry data and trends. They also maintain a database of statistics and analysis on thousands of industries, which has been built over our more than 50-year history and offers comprehensive insights into long-term trends.
How does IBISWorld forecast its data?
IBISWorld’s analysts and data scientists use the sources above to create forecasts for our proprietary datasets and industry statistics. Depending on the dataset, they may use regression analysis, multivariate analysis, time-series analysis or exponential smoothing techniques to project future data for the industry or driver. Additionally, analysts will leverage their local knowledge of industry operating and regulatory conditions to impart their best judgment on the forecast model.
IBISWorld prides itself on being a trusted, independent source of data, with over 50 years of experience building and maintaining rich datasets and forecasting tools. We are proud to be the keystone source of industry information for thousands of companies across the world.
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