Market Forecast By Voltage (Low (Up To 1000 V), Medium (1000.1 V To 35 Kv), High (35.1 Kv To 160 Kv), Extra-High (Above 160 Kv)), By Installation Type (Overhead, Underground), By Material Type (Copper, Aluminium, Glass), By Regions (Northern Region, Central Region, Southern Region), By Applications (Residential, Buildings And Commercial (Retail, Office, Hospitality, Entertainment, Educational, Others (Stadiums, Community Centers, Museums, And Sports Complexes)), Industrial (Consumer Electronics, Manufacturing Facilities, Warehouses And Cold Storage, Oil And Gas, Others (Flex Buildings, Randd Centers)), Power And Energy (Power Generation Plants, Substation And Transmission Network), IT And Telecommunications (Telecom Centers, Data Centers), Healthcare (Hospitals, Clinics, Medical Offices, Diagnostics Centre), Gaming And Amusements (Theme Parks, Gaming Centers, Casinos), Automotive (Light Vehicles, Heavy Vehicles, EV, Motor Bikes, Others), Others (Marine, Agriculture, Waste Management System And Transportation)) And Competitive Landscape
Product Code: ETC131459 | Publication Date: May 2021 | Updated Date: Oct 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 109 | No. of Figures: 18 | No. of Tables: 16 | |
According to 6Wresearch internal database and industry insights, the Mexico Wires and Cables Market is projected to reach at a compound annual growth rate (CAGR) of 11.1% during the forecast period (2025–2031).
Report Name | Indonesia Wires And Cables Market |
Forecast period | 2025–2031 |
CAGR | 11.1% |
Growing Sector | Energy & Power Sector |
The Mexico Wires and Cables Market report thoroughly covers the market By Voltages, By Installation, By Products, By Material, and By End Users. The report provides an unbiased and detailed analysis of ongoing market trends, opportunities/high growth areas, and market drivers, which would help stakeholders devise and align their market strategies according to the current and future market dynamics.
The Mexico Wires and Cables Market growth has proliferated over the years, driven by the rising electricity demand and industrial expansion. Another major factor boosting the growth of the market is infrastructure modernization projects across the country. The market share is estimated to increase in the coming years, underpinned by the rising expansion of smart city projects. In addition to this, the rising adoption of fiber optic cables in the telecommunications sector is boosting the demand for wires and cables.
Below are some prominent drivers and their influence on market dynamics:
Driver | Primary Segments Affected | Why it matters (evidence) |
Industrialization & Export Growth | Medium & High Voltage; Industrial | Growing manufacturing exports under the USMCA agreement boost demand for efficient data transmission cables. |
Renewable Energy Projects | High & Extra High Voltage; Energy & Power | Mexico’s focus on solar and wind energy in regions drives the use of high-voltage transmission cables. |
Smart Infrastructure & Housing Development | Low Voltage; Building & Construction | Expansion of smart housing increases the installation of low-voltage wires and cables. |
5G and Telecom Expansion | Fiber Optic Cable; IT & Telecommunication | Deployment of 5G infrastructure and data centers fuels demand for advanced fiber optic cables. |
The Mexico Wires and Cables Market is projected to grow at a CAGR of 11.1% during 2025–2031. Several factors boosting the growth of the market include increasing demand for reliable power supply and expanding industrialization in the country. Moreover, the need for efficient transmission and distribution cables is on the rise, as investment is increasing in renewable energy such as solar and wind power, coupled with government push to modernize the national grid. The market growth has been influenced by several growth drivers, such as Urban development, housing projects, and the growing construction sector. Lastly, the demand for advanced and high-performance wire and cable solutions is increasing owing to the rising expansion of 5G networks.
Below are some major restraints and their influence on market dynamics:
Restraint | Primary Segments Affected | What this means (evidence) |
Raw Material Price Volatility | Copper & Aluminium | Changing global copper and aluminum prices impact cable manufacturing costs. |
Regulatory Barriers | Medium & High Voltage | Delays in project approvals slow infrastructure expansion. |
Dependence on Imports | Industrial & Telecom | Dependence on imported raw materials and high-end fiber optics increases production costs. |
Counterfeit Products | Residential & Commercial | Unregulated cables in the local market pose safety risks and reduce brand trust. |
Despite significant growth potential, there are numerous challenges present in the market that could affect its growth. These challenges are changing material costs and import dependency. The implementation of large-scale power and telecom projects is being affected by several factors, such as inadequate & limited infrastructure in the country and bureaucratic delays.
There are several notable trends which are currently shaping the market dynamics:
Potential investment opportunities in the Mexico Wires and Cables Industry include:
Some leading players dominating the Mexico Wires and Cables Market Share include:
Company Name | Prysmian Group |
Establishment Year | 1879 |
Headquarter | Milan, Italy |
Official Website | Click here |
Prysmian is a global leader in power and telecom cable systems, offering high-voltage and fiber optic solutions across Mexico’s industrial and energy sectors.
Company Name | Nexans S.A. |
Establishment Year | 2001 |
Headquarter | Paris, France |
Official Website | Click here |
Nexans supplies cables for infrastructure, construction, and telecom applications, focusing on sustainable and high-efficiency products.
Company Name | General Cable (A Brand of Prysmian Group) |
Establishment Year | 1927 |
Headquarter | Highland Heights, Kentucky, USA |
Official Website | Click here |
General Cable offers a wide range of power, industrial, and data transmission cables across Mexico and Latin America.
Company Name | Condumex (Grupo Carso) |
Establishment Year | 1954 |
Headquarter | Mexico City, Mexico |
Official Website | Click here |
Condumex is one of Mexico’s largest domestic cable manufacturers, providing solutions for energy, telecom, and industrial applications.
Company Name | Southwire Company, LLC |
Establishment Year | 1950 |
Headquarter | Carrollton, Georgia, USA |
Official Website | Click here |
Southwire supplies high-quality copper and aluminum cables across Mexico’s construction and power sectors, known for its sustainability-focused production.
According to Mexican government data, the market growth has been supported by various policies and regulations. These regulations are aimed at expanding the country’s energy and communication infrastructure. There are several programs and authorities, such as Programa de Desarrollo del Sistema Eléctrico Nacional (PRODESEN) and Federal Electricity Commission (CFE), which are promoting grid modernization and rural electrification, coupled with investing heavily in transmission and distribution networks. The government is also promoting low-emission materials and safety standards through regulatory frameworks aligned with NOM (Normas Oficiales Mexicanas).
The Mexico Wires and Cables Market share is estimated to increase in the coming years, driven by expanding industrial sector and energy reforms across the nation. Also, a rise in the shift of rural population towards urban areas is likely to boost the demand for wires and cables in the country. Other major factors that will spur the industry expansion include the rising integration of smart grid technologies and the growing renewable energy sector.
The report offers a comprehensive study of the following market segments and their leading categories:
According to Mansi Ahuja, Senior Research Analyst, 6Wresearch, the High Voltage segment dominates due to significant expansion in renewable power generation and inter-regional transmission projects. Investments in national grid interconnection and large-scale industrial plants drive the demand for high-voltage cables.
The Underground Installation segment leads the market as major Mexican cities move toward underground power distribution for aesthetic, safety, and weather-resilience benefits.
Among products, Fiber Optic Cables dominate, supported by Mexico’s 5G infrastructure deployment and broadband expansion in partnership with international telecom operators.
The Copper segment holds the major market share, owing to its excellent conductivity and reliability in both energy transmission and residential wiring applications.
The Energy & Power segment dominates the market underpinned by the ongoing grid modernization programs and renewable energy expansion under government and private partnerships.
The Mexico Wires and Cables Market report provides a detailed analysis of the following market segments
Table of Content |
1. Executive Summary |
2. Introduction |
2.1. Report Description |
2.2. Key Highlights of the Report |
2.3. Market Scope & Segmentation |
2.4. Research Methodology |
2.5. Assumptions |
3. Mexico Wires & Cables Market Overview |
3.1. Mexico Wires and Cables Market Revenues & Volumes, 2021 - 2031F |
3.2. Mexico Wires and Cables Market-Industry Life Cycle |
3.3. Mexico Wires and Cables Market-Porter’s Five Forces |
3.4. Mexico Wires and Cables Market Revenues & Volumes Share, By Voltage Types, 2021 & 2031F |
3.5. Mexico Wires and Cables Market Revenue Share, By Installation Types, 2021 & 2031F |
3.6. Mexico Wires and Cables Market Revenue Share, By Material Types, 2021 & 2031F |
3.7 Mexico Wires and Cables Market Revenue Share, By Applications, 2021 & 2031F |
3.8 Mexico Wires and Cables Market Revenue Share, By Regions, 2021 & 2031F |
4. Mexico Wires & Cables Market COVID-19 Impact Analysis |
5. Mexico Wires & Cables Market Dynamics |
5.1. Impact Analysis |
5.2. Market Drivers |
5.2.1 Increasing urbanization and industrialization in Mexico leading to higher demand for wires and cables |
5.2.2 Growing investments in infrastructure projects such as energy, telecommunications, and transportation |
5.2.3 Favorable government initiatives and policies promoting the use of renewable energy sources which require extensive wiring and cabling |
5.3. Market Restraints |
5.3.1 Fluctuating prices of raw materials like copper and aluminum impacting the cost of production |
5.3.2 Competition from alternative technologies such as wireless communication systems |
5.3.3 Regulatory challenges and compliance requirements in the wires and cables industry |
6. Mexico Wires & Cables Market Trends |
7. Mexico Wires & Cables Market Overview, By Voltage |
7.1. Mexico Wires & Cables Market Revenues and Volumes, By Low Voltage, 2017 & 2031F |
7.2 Mexico Wires & Cables Market Revenues and Volumes, By Medium Voltage, 2017 & 2031F |
7.3 Mexico Wires & Cables Market Revenues and Volumes, By High Voltage, 2017 & 2031F |
7.4 Mexico Wires & Cables Market Revenues and Volumes, By Extra High Voltage, 2017 & 2031F |
8. Mexico Wires & Cables Market Overview, By Installation Type |
8.1 Mexico Wires & Cables Market Revenues, By Overhead, 2021 - 2031F |
8.2 Mexico Wires & Cables Market Revenues, By Underground, 2021 - 2031F |
9. Mexico Wires & Cables Market Overview, By Material Type |
9.1 Mexico Wires & Cables Market Revenues, By Copper, 2021 - 2031F |
9.2 Mexico Wires & Cables Market Revenues, By Aluminum, 2021 - 2031F |
9.3 Mexico Wires & Cables Market Revenues, By Glass, 2021 - 2031F |
10. Mexico Wires & Cables Market Overview, By Applications |
10.1 Mexico Wires & Cables Market Revenues, By Residential, 2021 - 2031F |
10.2 Mexico Wires & Cables Market Revenues, By Buildings and Commercial , 2021 - 2031F |
10.3 Mexico Wires & Cables Market Revenues, By Industrial, 2021 - 2031F |
10.4 Mexico Wires & Cables Market Revenues, By Power and Energy, 2021 - 2031F |
10.5 Mexico Wires & Cables Market Revenues, By IT & Telecommunications, 2021 - 2031F |
10.6 Mexico Wires & Cables Market Revenues, By Healthcare, 2021 - 2031F |
10.7 Mexico Wires & Cables Market Revenues, By Gaming & Amusements, 2021 - 2031F |
10.8 Mexico Wires & Cables Market Revenues, By Automotive, 2021 - 2031F |
10.8.1. Mexico Wires & Cables Market Revenues, By Light Automotive Vehicles , 2021 - 2031F |
10.8.2. Mexico Wires & Cables Market Revenues, By Heavy Automotive Vehicles , 2021 - 2031F |
10.8.3. Mexico Wire & Cables Market Revenues, By Electronic Automotive Vehicles, 2021 - 2031F |
10.8.4. Mexico Wires & Cables Market Revenues, By Motorbikes Automotive Vehicles, 2021 - 2031F |
10.8.5 Mexico Wires & Cables Market Revenues, By Others Automotive Vehicles, 2021 - 2031F |
10.9 Mexico Wires & Cables Market Revenues, By Others, 2021 - 2031F |
11. Mexico Wires & Cables Market Overview, By Regions |
11.1 Mexico Wires & Cables Market Revenues, By Northern, 2021 & 2031F |
11.2 Mexico Wires & Cables Market Revenues, By Central, 2021 & 2031F |
11.3 Mexico Wires & Cables Market Revenues, By Southern, 2021 & 2031F |
12. Mexico Wires & Cables Market- Key Performance Indicators |
12.1 Average length of wire or cable installed per project |
12.2 Percentage of renewable energy projects using Mexico wires and cables |
12.3 Adoption rate of advanced technologies in the wires and cables sector |
13. Mexico Wires & Cables Market Opportunity Assessment |
13.1. Mexico Wires & Cables Market Opportunity Assessment, By Voltage, 2031F |
13.2. Mexico Wires & Cables Market Opportunity Assessment, By Installation, 2031F |
13.3. Mexico Wires & Cables Market Opportunity Assessment, By Applications, 2031F |
13.4 Mexico Wires & Cables Market Opportunity Assessment, By Regions, 2031F |
14. Mexico Wires & Cables Market Competitive Landscape |
14.1. Mexico Wires & Cables Market Revenue Share, By Companies (2024) |
14.2. Mexico Wires & Cables Market Competitive Benchmarking, By Technical Parameters |
14.3. Mexico Wires & Cables Market Competitive Benchmarking, By Operating Parameters |
15. Mexico Wires & Cables Market Key Clients Identification |
16. Company Profiles |
16.1. Belden Inc. |
16.2. Fujikura Ltd. |
16.3. Furukawa Electric Co. Ltd. |
16.4. Leoni AG |
16.5. Leviton Manufacturing Co. |
16.6 LS Cables & System Ltd |
16.7 Molex Inc. |
16.8 Nexans |
16.9 Prysmian SpA |
16.10 Sumitomo Corporation |
16.11 Viakable S.A. de C.V |
17. Key Strategic Recommendations |
18. Disclaimer |
List of Figures |
1. Mexico Wires and Cables Market Revenues & Volumes, 2021 - 2031F ($ Billion, Million Tons) |
2. Industry Life Cycle of Mexico Wire and Cable Market |
3. Mexico Wires and Cables Market Revenue Share, By Voltage Types, 2021 & 2031F |
4. Mexico Wires and Cables Market Volume Share, By Voltage Types, 2021 & 2031F |
5. Mexico Wires and Cables Market Revenue Share, By Installation Types, 2021 & 2031F |
6. Mexico Wire and Cables Market Revenue Share, By Material Types, 2021 & 2031F |
7. Mexico Wire and Cables Market Revenue Share, By Applications, 2021 & 2031F |
8. Mexico Wire and Cables Market Revenue Share, By Regions, 2021 & 2031F |
9. COMEX Copper Prices, October 2020-March 2021 (U.S. Dollars per Pounds) |
10. Mexico Estimated Investment in Electric Sector 2021-2031 ($ Billion) |
11. Mexico Clean Energy Generation Goals, 2018-28 |
12. Mexico Expected Renewable Power Generation Capacity, 2010-2030 |
13. Mexico Clean Energy Investment, 2016-2030 |
14. Mexico Wires & Cables Market Opportunity Assessment, By Voltage Types, 2031F |
15. Mexico Wires & Cables Market Opportunity Assessment, By Installation Types, 2031F |
16. Mexico Wires & Cables Market Opportunity Assessment, By Applications, 2031F |
17. Mexico Wires & Cables Market Opportunity Assessment, By Regions, 2031F |
18. Mexico Wires & Cables Market Revenue Share, By Companies, 2020 |
List of Tables |
1. Mexico Ongoing Transmission Projects, 2021-2025 |
2. Mexico Wire and Cables Market Revenues, By Voltage, 2021 - 2031F ($ Million) |
3. Mexico Wire and Cables Market Volumes, By Voltage, 2021 - 2031F (Thousand Tons) |
4. Mexico Wire and Cables Market Revenues, By Installation, 2021 - 2031F ($ Million) |
5. Mexico Wire and Cables Market Revenues, By Materials, 2021 - 2031F ($ Million) |
6. Mexico Wire and Cables Market Revenues, By Applications, 2021 - 2031F ($ Million) |
7. Mexico Wire and Cables Market Revenues, By Building & Commercial Application, 2021 - 2031F ($ Million) |
8. Mexico Wire and Cables Market Revenues, By Power & Energy Application, 2021 - 2031F ($ Million) |
9. Mexico Wire and Cables Market Revenues, By Industrial Application, 2021 - 2031F ($ Million) |
10. Mexico Wire and Cables Market Revenues, By IT & Telecommunication Application, 2021 - 2031F ($ Million) |
11. Mexico Wire and Cables Market Revenues, By Healthcare Application, 2021 - 2031F ($ Million) |
12. Mexico Wire and Cables Market Revenues, By Gaming & Amusements Application, 2021 - 2031F ($ Million) |
13. Mexico Wire and Cables Market Revenues, By Automotive Application, 2021 - 2031F ($ Million) |
14. Mexico Wire and Cables Market Revenues, By Regions, 2021 - 2031F ($ Million) |
15. Mexico Physical Goals of Transmission Works by Voltage level, 2021 - 2031F (Km-C) |
16. Mexico Under Construction Projects, 2021-2025 |