The Mexico grid automation market size is projected to exhibit a growth rate (CAGR) of 9.3% during 2025-2033. Increasing demand for reliable and efficient power distribution, government investments in smart grid technologies, the need to integrate renewable energy sources, regulatory support for modernization, and the push for improved energy security and operational efficiency are some of the factors contributing to Mexico grid automation market share.
Report Attribute
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Key Statistics
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Base Year
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2024
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Forecast Years
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2025-2033
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Historical Years
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2019-2024
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Market Growth Rate 2025-2033 | 9.3% |
Expansion of Grid Automation Manufacturing Capacity
The grid automation industry in Mexico is expanding rapidly due to improved production capacity for sophisticated grid technologies. New manufacturing facilities are being built to meet the growing demand for automation equipment, such as reclosers, sensors, and system protection tools. These expansions not only meet the demands of the local market, but also improve the company's capacity to service larger Latin American and international markets. With improvements to industrial infrastructure, Mexico is emerging as a vital center for the manufacture of crucial components that enhance electrical grid systems, increase operational efficiency, and speed grid modernization activities throughout the region. This move is critical to improving grid resilience and meeting the rising need for dependable energy infrastructure. These factors are intensifying the Mexico grid automation market growth. For example, in November 2024, G&W Electric opened a new state-of-the-art manufacturing facility in San Luis Potosí, Mexico, expanding production capacity to meet rising demand across Latin America. The facility would support grid automation solutions, including reclosers, sensors, and system protection equipment, bolstering G&W Electric’s ability to serve global markets and enhance power grid infrastructure. This expansion aligns with the company's strategy to support growth in Mexico and beyond while improving coordination with global engineering teams.
Strengthening Grid Automation Support
In Mexico, the grid automation market is experiencing a significant boost due to increased production capacity for advanced grid solutions. New manufacturing facilities are being established to support the rising demand for automation equipment, including reclosers, sensors, and system protection tools. These expansions are not only addressing local market needs but also enhancing the ability to serve broader Latin American and global markets. With improvements in manufacturing infrastructure, Mexico is becoming a key hub for the production of critical components that strengthen power grid systems, improve operational efficiency, and accelerate grid modernization efforts across the region. This shift is vital for enhancing grid resilience and supporting the growing demand for reliable energy infrastructure. For instance, in November 2024, GE Vernova opened a Power Transmission service unit in Toluca, Mexico, strengthening its grid automation services. The unit would offer a range of services, including spare parts supply, maintenance, and modernization for high-voltage switchgears and transformers. This expansion enhances local support, improving the efficiency and reliability of Mexico’s power transmission infrastructure, and reinforces GE Vernova's commitment to sustainable energy solutions.
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on component, application, and end-user.
Component Insights:
The report has provided a detailed breakup and analysis of the market based on the component. This includes hardware (sensors, programmable logic controllers (PLCS), remote terminal units (RTUS), and communication networks), software, (supervisory control and data acquisition (SCADA), distribution management systems (DMS), advanced metering infrastructure (AMI), and grid optimization software), and services (installation and integration, maintenance and support, and consulting and training).
Application Insights:
A detailed breakup and analysis of the market based on the application have also been provided in the report. This includes transmission automation, distribution automation, substation automation, and others.
End-User Insights:
A detailed breakup and analysis of the market based on the end-user have also been provided in the report. This includes utilities, industrial, commercial, and residential.
Regional Insights:
The report has also provided a comprehensive analysis of all the major regional markets, which include Northern Mexico, Central Mexico, Southern Mexico, and others.
The market research report has also provided a comprehensive analysis of the competitive landscape. Competitive analysis such as market structure, key player positioning, top winning strategies, competitive dashboard, and company evaluation quadrant has been covered in the report. Also, detailed profiles of all major companies have been provided.
Report Features | Details |
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Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Scope of the Report |
Exploration of Historical Trends and Market Outlook, Industry Catalysts and Challenges, Segment-Wise Historical and Future Market Assessment:
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Components Covered |
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Applications Covered | Transmission Automation, Distribution Automation, Substation Automation, Others |
End-Users Covered | Utilities, Industrial, Commercial, Residential |
Regions Covered | Northern Mexico, Central Mexico, Southern Mexico, Others |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
Key Questions Answered in This Report:
Key Benefits for Stakeholders: