Market size and recent performance (2009-2024)
Industry revenue has declined at a CAGR of -3.5% over the past five years, to reach an estimated $95.9bn in 2019.
Trends and Insights
- Ttrends such as a deterioration in business sentiment and high inflation have contributed to the industry's long-running contraction
- Additional trends and insights available with purchase
Biggest companies in the Non-residential Building Construction in Mexico
| Company
2019 | Market Share (%)
2019 | Revenue ($m)
2019 | Profit ($m)
2019 | Profit Margin (%)
2019 |
|---|---|---|---|---|
Empresas ICA SAB de CV | ||||
Carso Infraestructura y Construccion, SAB de CV | ||||
Vimec Proyectos y Construcciones |
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 General contracting - industrial, commercial and service buildings, General contracting - schools, hospitals and clinics and General contracting - renovations and auxiliary construction. General contracting - industrial, commercial and service buildings is the largest segment of the Non-residential Building Construction in Mexico.
Trends and Insights
• The general contracting of industrial, commercial and service buildings represents the Nonresidential Building Construction industry in Mexico's most-significant source of revenue, accounting for 73.8% of industry revenue in 2019.
- More insights available in the full report
Table of Contents
About this industry
Industry definition
The Nonresidential Building Construction industry in Mexico provides contracting and management services for commercial, industrial and public structures such as shopping centers, manufacturing facilities, hospitals, schools and public transit stations. Demand for industry services stems from multiple sources including the Mexican government, foreign direct investment and the private sector. Over the five years to 2019, lackluster demand from the public sector, in addition to volatile levels of foreign direct investment, particularly during the 2016 US presidential election, have hampered the industry's performance. Moreover, the industry has contended with high inflation levels resulting from the peso's depreciation compared with the US dollar, as well as the end of government subsidies for the oil and gas sector. Overall, inflationary pressures coupled with reduced demand among the industry's key markets have ultimately caused the industry to contract despite Mexico's robust economic growth.
What's included in this industry?
Constructing schools, nurses and hospitalsConstructing manufacturing and industrial buildingsConstructing waste and garbage disposal plantsProject managementPerforming alterations, additions or repairs to manufacturing and industrial buildingsGeneral contracting - industrial, commercial and service buildingsGeneral contracting - schools, hospitals and clinicsGeneral contracting - renovations and auxiliary constructionConstruction management servicesSubcontractingAdvances from awarded contractsOther servicesCompanies
Empresas ICA SAB de CVCarso Infraestructura y Construccion, SAB de CVVimec Proyectos y ConstruccionesPurchase this report to view all 4 major companies in this industry.
Related Terms
DEVELOPMENT CONSORTIUMINDUSTRIAL BUILDINGTENDERIndustry Code
NAICS 23621MX - Non-residential Building Construction 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
Value of nonresidential construction. The value of nonresidential construction represents the economic value of all ongoing industrial, commercial and municipal building const...
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
• The general contracting of industrial, commercial and service buildings represents the Nonresidential Building Construction industry in Mexico's most-significant source...
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
<B>Northwest</B>
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 highly skilled workforce. Ensuring ready access to skilled workers and subcontracting building trade specialists is essential for industry success.
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
Founded in 1947, Empresas ICA, SAB de CV (ICA) is one of the largest construction companies in Mexico. Headquartered in Mexico City and employing over 7,286 individuals, the c...
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 Empresas ICA SAB de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Carso Infraestructura y Construccion, SAB de CV's performance by revenue, market share and profit margin from 2013 through 2019
- Overview of Vimec Proyectos y Construcciones'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 Empresas ICA SAB de CV, and factors influencing its performance in the industry
- Description and key data for Carso Infraestructura y Construccion, SAB de CV, and factors influencing its performance in the industry
- Description and key data for Vimec Proyectos y Construcciones, 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 Nonresidential Building Construction industry in Mexico is subject to a series of regulations pertaining to building practices and testing methods. Regulations are specifi...
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 Non-residential Building Construction industry in Mexico in 2019?
The market size of the Non-residential Building Construction industry in Mexico is $95.9bn in 2019.
How many businesses are there in the Non-residential Building Construction in Mexico industry in 2019?
There are 4,137 businesses in the Non-residential Building Construction industry in Mexico, which has declined at a CAGR of -0.9% between 2014 and 2019.
Has the Non-residential Building Construction industry in Mexico grown or declined over the past 5 years?
The market size of the Non-residential Building Construction industry in Mexico has been at a CAGR of -3.5% between 2014 and 2019.
What is the forecast growth of the Non-residential Building Construction industry in Mexico over the next 5 years?
The Non-residential Building Construction in Mexico market is forecast to over the five years from 2019 to 2024
What are the biggest companies in the Non-residential Building Construction market in Mexico?
The biggest companies operating in the Non-residential Building Construction market in Mexico are Empresas ICA SAB de CV, Carso Infraestructura y Construccion, SAB de CV and Vimec Proyectos y Construcciones
What does the Non-residential Building Construction in Mexico include?
Constructing schools, nurses and hospitals and Constructing manufacturing and industrial buildings are part of the Non-residential Building Construction industry.
Which companies have the highest market share in the Non-residential Building Construction in Mexico?
The company holding the most market share in Mexico is Empresas ICA SAB de CV.
How many people are/were employed in the Non-residential Building Construction in Mexico in 2019?
There are 164k employed in the Non-residential Building Construction industry in Mexico 2019.
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- Industry and trade associations
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