Market size and recent performance (2009-2024)
Industry revenue has grown at a CAGR of 2.7% over the past five years, to reach an estimated $34.4bn in 2019.
Trends and Insights
- Domestically, the industry has benefited from regulatory changes undertaken by the Mexican Federal Institute of Telecommunications
- Additional trends and insights available with purchase
Biggest companies in the Communications Equipment Manufacturing in Mexico
| Company
2019 | Market Share (%)
2019 | Revenue ($m)
2019 | Profit ($m)
2019 | Profit Margin (%)
2019 |
|---|---|---|---|---|
Garmin International | ||||
Belden Inc. | ||||
Motorola Solutions Inc. |
To view the market share and analysis for all 4 top companies in this industry, view purchase options.
Products & Services Segmentation
Industry revenue is measured across several distinct product and services lines, including Telecommunication networking equipment, Communication equipment and Alarm, horn and traffic control equipment. Telecommunication networking equipment is the largest segment of the Communications Equipment Manufacturing in Mexico.
Trends and Insights
- Telecommunication networking equipment's share of revenue has declined substantially during the current five-year period, although it continues to account for the majority of industry revenue.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
The Communications Equipment Manufacturing industry has been among the bright spots in the manufacturing sector in Mexico. Companies in the industry primarily manufacture communication equipment, including telephone equipment; transmission equipment; equipment for radio and television signal reception, by cable and satellite; wireless communication equipment and other communication equipment. The industry is highly globalized, with nearly all domestically produced products intended for export overseas. Likewise, nearly all of domestic demand is met by products produced abroad. Although there are less than 100 companies in the industry and it is fragmented, a number of international conglomerates have manufacturing facilities in Mexico. Increasingly, the industry has diversified across a number of segments, with more companies producing communication equipment, although telecommunication networking equipment continues to account for the majority of industry revenue.
What's included in this industry?
Telephone manufacturingRadio and television broadcasting equipment manufacturingWireless communications equipment manufacturingOther communications equipment manufacturingTelecommunication networking equipmentCommunication equipmentAlarm, horn and traffic control equipmentCompanies
Garmin InternationalBelden Inc.Motorola Solutions Inc.Purchase this report to view all 4 major companies in this industry.
Related Terms
ACCESS CONTROL SYSTEMCLOUDINTERNET PROTOCOL (IP)INTERNET SERVICE PROVIDER (ISP)LIGHT-EMITTING DIODE (LED)SELF-OPTIMIZING NETWORK (SON) SOFTWAREIndustry Code
NAICS 33422MX - Communications Equipment 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
Real exchange rate index. The US dollar Mexican peso (USD-MXN) exchange rate represents the number of Mexican pesos equivalent to one US dollar. An increase in the USD-MXN exc...
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
- Telecommunication networking equipment's share of revenue has declined substantially during the current five-year period, although it continues to account for the majority o...
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 Communications Equipment Manufacturing industry in Mexico is concentrated in the Northeast, Northwest and Southwestern regions of the county. Although the Northeast and No...
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
Effective quality control. A focus on quality, combined with strong quality control systems, improves margins and helps sustain growth.
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
Headquartered in Kansas, Garmin International (Garmin) is a publicly traded company that designs and manufactures global positioning system (GPS) navigation devices and other ...
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 Garmin International's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Belden Inc.'s performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Motorola Solutions Inc.'s performance by revenue, market share and profit margin from 2013 through 2019
- Overview of revenue, market share and profit margin trend for one additional company
Detailed analysis
- Description and key data for Garmin International, and factors influencing its performance in the industry
- Description and key data for Belden Inc., and factors influencing its performance in the industry
- Description and key data for Motorola Solutions Inc., and factors influencing its performance in the industry
- Description, key data and performance trends for one additional company
External Environment
Understand the demographic, economic and regulatory factors that shape how businesses in an industry perform.
Analyst insights
The regulatory framework in Mexico is defined by two types of regulations: Official Mexican Standard (NOM) and the Mexican Standards (NMX). NOMs are obligatory standards set b...
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 Communications Equipment Manufacturing industry in Mexico in 2019?
The market size of the Communications Equipment Manufacturing industry in Mexico is $34.4bn in 2019.
How many businesses are there in the Communications Equipment Manufacturing in Mexico industry in 2019?
There are 81 businesses in the Communications Equipment Manufacturing industry in Mexico, which has declined at a CAGR of -0.7% between 2014 and 2019.
Has the Communications Equipment Manufacturing industry in Mexico grown or declined over the past 5 years?
The market size of the Communications Equipment Manufacturing industry in Mexico has been at a CAGR of 2.7% between 2014 and 2019.
What is the forecast growth of the Communications Equipment Manufacturing industry in Mexico over the next 5 years?
The Communications Equipment Manufacturing in Mexico market is forecast to over the five years from 2019 to 2024
What are the biggest companies in the Communications Equipment Manufacturing market in Mexico?
The biggest companies operating in the Communications Equipment Manufacturing market in Mexico are Garmin International, Belden Inc. and Motorola Solutions Inc.
What does the Communications Equipment Manufacturing in Mexico include?
Telephone manufacturing and Radio and television broadcasting equipment manufacturing are part of the Communications Equipment Manufacturing industry.
Which companies have the highest market share in the Communications Equipment Manufacturing in Mexico?
The company holding the most market share in Mexico is Garmin International.
How many people are/were employed in the Communications Equipment Manufacturing in Mexico in 2019?
There are 58,111 employed in the Communications Equipment Manufacturing industry in Mexico 2019.
Widen your competitive advantage with related industries
Related Domestic Industries
- This industry comprises establishments primarily engaged in manufacturing power, distribution, and specialty transformers and electric motors, generators, and motor generator sets.
- This industry comprises establishments primarily engaged in manufacturing electronic components.
- This industry comprises establishments primarily engaged in manufacturing audio and video equipment.
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.
Learn more about our methodology and data sourcing on the Help Center.
