Mexico Wires And Cables Market (2025-2031) | Value, Size, Share, Trends, Analysis, Outlook, Companies, Industry, Forecast, Growth & Revenue

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

Mexico Wires and Cables Market Growth Rate

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).

Mexico Wires and Cables Market Highlights

Report Name Indonesia Wires And Cables Market
Forecast period 2025–2031
CAGR 11.1%
Growing Sector Energy & Power Sector

Topics Covered in the Mexico Wires and Cables Market Report

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.

Mexico Wires and Cables Market Synopsis

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. 

Evaluation of Growth Drivers in the Mexico Wires and Cables Market

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. 

Evaluation of Restraints in the Mexico Wires and Cables Market

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.

Mexico Wires and Cables Market Challenges

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. 

Mexico Wires and Cables Market Trends

There are several notable trends which are currently shaping the market dynamics:

  • Smart City Development – An increase in the investment in digital and electrical infrastructure in Mexico City and Guadalajara drives cable demand.
  • Fiber Optic Expansion – Telecom operators are rapidly deploying fiber networks to improve broadband and 5G connectivity.
  • Eco-Friendly Cable Designs – Manufacturers are producing low-smoke, halogen-free cables in response to environmental standards.
  • Automation in Manufacturing – The rising use of robotics and AI-based quality inspection enhances productivity in cable production plants.

Investment Opportunities in the Mexico Wires and Cables Industry

Potential investment opportunities in the Mexico Wires and Cables Industry include:

  • Renewable Transmission Infrastructure – Investment in HV and EHV cable production for wind and solar power projects.
  • Fiber Optic Cable Manufacturing – Opportunities in domestic production for telecom and 5G network expansion.
  • Public Infrastructure Projects – Cabling demand from transportation, metro rail, and urban electrification projects.
  • Export Partnerships – Joint ventures with North American firms for cross-border cable exports under USMCA.

Top 5 Leading Players in the Mexico Wires and Cables Market

Some leading players dominating the Mexico Wires and Cables Market Share include:

1. Prysmian Group

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.

2. Nexans S.A.

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.

3. General Cable (A Brand of Prysmian Group)

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.

4. Condumex (Grupo Carso)

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.

5. Southwire Company, LLC

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.

Government Regulations Introduced in the Mexico Wires and Cables Market

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). 

Future Insights of the Mexico Wires and Cables Market 

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. 

Market Segmentation Analysis

The report offers a comprehensive study of the following market segments and their leading categories:

High Voltage to Dominate the Market – By Voltages

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.

Underground Installation to Dominate the Market – By Installation

The Underground Installation segment leads the market as major Mexican cities move toward underground power distribution for aesthetic, safety, and weather-resilience benefits.

Fiber Optic Cable to Dominate the Market – By Products

Among products, Fiber Optic Cables dominate, supported by Mexico’s 5G infrastructure deployment and broadband expansion in partnership with international telecom operators.

Copper to Dominate the Market – By Material

The Copper segment holds the major market share, owing to its excellent conductivity and reliability in both energy transmission and residential wiring applications.

Energy & Power to Dominate the Market – By End Users

The Energy & Power segment dominates the market underpinned by the ongoing grid modernization programs and renewable energy expansion under government and private partnerships.

Key Attractiveness of the Report

  • 10 Years of Market Numbers
  • Historical Data Starting from 2021 to 2024
  • Base Year: 2024
  • Forecast Data until 2031
  • Key Performance Indicators Impacting the Market
  • Major Upcoming Developments and Projects
  • Market Size and Segmentation by End Users and Regions

Key Highlights of the Report:

  • Mexico Wires & Cables Market Outlook
  • Market Size of Mexico Wires & Cables Market, 2024
  • Forecast of Mexico Wires & Cables Market, 2031
  • Historical Data and Forecast of Mexico Wires & Cables Revenues & Volume for the Period 2021 - 2031
  • Mexico Wires & Cables Market Trend Evolution
  • Mexico Wires & Cables Market Drivers and Challenges
  • Mexico Wires & Cables Price Trends
  • Mexico Wires & Cables Porter's Five Forces
  • Mexico Wires & Cables Industry Life Cycle
  • Historical Data and Forecast of Mexico Wires & Cables Market Revenues & Volume By Voltage for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico Wires & Cables Market Revenues & Volume By Low Voltage for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico Wires & Cables Market Revenues & Volume By Medium Voltage for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico Wires & Cables Market Revenues & Volume By High Voltage for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico Wires & Cables Market Revenues & Volume By Extra-High Voltage for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico Wires & Cables Market Revenues & Volume By Installation for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico Wires & Cables Market Revenues & Volume By Overhead for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico Wires & Cables Market Revenues & Volume By Underground for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico Wires & Cables Market Revenues & Volume By End-users for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico Wires & Cables Market Revenues & Volume By Aerospace & Defense for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico Wires & Cables Market Revenues & Volume By Building & Construction for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico Wires & Cables Market Revenues & Volume By Oil & Gas for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico Wires & Cables Market Revenues & Volume By Energy & Power for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico Wires & Cables Market Revenues & Volume By IT & Telecommunication for the Period 2021 - 2031
  • Historical Data and Forecast of Mexico Wires & Cables Market Revenues & Volume By Others for the Period 2021 - 2031
  • Mexico Wires & Cables Import Export Trade Statistics
  • Market Opportunity Assessment By Voltage
  • Market Opportunity Assessment By Installation
  • Market Opportunity Assessment By End-users
  • Mexico Wires & Cables Top Companies Market Share
  • Mexico Wires & Cables Competitive Benchmarking By Technical and Operational Parameters
  • Mexico Wires & Cables Company Profiles
  • Mexico Wires & Cables Key Strategic Recommendations

Market Covered

The Mexico Wires and Cables Market report provides a detailed analysis of the following market segments

By Voltage

  • Low Voltage
  • Medium Voltage
  • High Voltage
  • Extra-High Voltage
  • By Installation
  • Overhead
  • Underground

By End-users

  • Aerospace & Defence
  • Building & Construction
  • Oil & Gas
  • Energy & Power
  • IT & Telecommunication
  • Others

Mexico Wires And Cables Market (2025-2031): FAQs

The Mexico Wires and Cables Market is projected to grow at a CAGR of approximately 11.1% during the forecast period.
The High Voltage category dominates due to its wide use in renewable energy and power transmission projects.
Fiber Optic Cables dominate, supported by rapid expansion of digital connectivity and 5G infrastructure.
Condumex (Grupo Carso) is a major domestic manufacturer driving innovation in energy and telecom cable solutions.
6Wresearch actively monitors the Mexico Wires And Cables Market and publishes its comprehensive annual report, highlighting emerging trends, growth drivers, revenue analysis, and forecast outlook. Our insights help businesses to make data-backed strategic decisions with ongoing market dynamics. Our analysts track relevent industries related to the Mexico Wires And Cables Market, allowing our clients with actionable intelligence and reliable forecasts tailored to emerging regional needs.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
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
Pricing
  • Single User License
    $ 1,995
  • Department License
    $ 2,400
  • Site License
    $ 3,120
  • Global License
    $ 3,795
6Wresearch Support

Any Query

Call: +91-11-4302-4305
Email us: sales@6wresearch.com
Any Query? Click Here

Related Reports

Industry Events and Analyst Meet

Our Clients

Airtel
Canon
Contec
HoneyWell
Kriloskar
Pwc Logo
Samsung
Tata Teleservices

Whitepaper

Read All