Mexico Factory Automation And ICS Market Valuation – 2026-2032
The huge expansion of the Mexico Factory Automation And ICS Market. Rising labor expenses, along with a desire to improve efficiency and productivity, are leading organizations to invest in automation solutions. Government attempts to promote industry and technical innovation are boosting the market. The market size surpass USD 4093.71 Million valued in 2024 to reach a valuation of around USD 7862.39 Million by 2032.
Furthermore, the growing use of Industry 4.0 technologies, combined with the requirement to meet high quality and safety standards, is driving demand for advanced automation and control systems. The rising demand for cost-effective and efficient Mexico factory automation & ICS is enabling the market grow at a CAGR of 8.5% from 2026 to 2032.
>>>Get | Download Sample Report @ –https://www.verifiedmarketresearch.com/download-sample/?rid=494703
Mexico Factory Automation And ICS Market: Definition/Overview
The Mexico Factory Automation and Industrial Control Systems (ICS) market refers to technology-driven solutions for automating, monitoring, and controlling industrial processes in Mexico’s manufacturing sector. Robotics, process control systems, programmable logic controllers (PLCs), and supervisory control and data acquisition (SCADA) systems are some of the solutions that help to streamline production, cut operational costs, and increase safety. Factory automation and ICS enable real-time monitoring, data analysis, and precise control over manufacturing activities, helping Mexican industries like automotive, electronics, and food processing to remain competitive in global markets.
Mexico’s automation and ICS markets are looking beneficial, thanks to rising investment in innovative manufacturing technology and supported government programs for industrial modernization. As Mexican businesses seek increased productivity and cost efficiency, demand for automation solutions is likely to surge, particularly in high-growth industries such as automotive and aerospace.
Mexico’s integration into global supply chains and emphasis on Industry 4.0 projects are likely to boost the use of IoT-enabled ICS, robots, and AI-based systems. This trend will not only improve Mexico’s industrial capacity but will also strengthen its position as a competitive manufacturing powerhouse in North America.
What's inside a VMR
industry report?
Our reports include actionable data and forward-looking analysis that help you craft pitches, create business plans, build presentations and write proposals.
Download Sample
>>>Ask For Discount @–https://www.verifiedmarketresearch.com/ask-for-discount/?rid=494703
How Does the Growth in Manufacturing Sector Drive Growth for the Mexico Factory Automation & ICS?
The rise of Mexico’s manufacturing sector is expected to stimulate demand for factory automation and ICS. Manufacturing GDP is expected to rise by 6.2% in 2023, contributing 17.3% to national GDP. Industries such as automotive and electronics will confront increased production demands. To address these demands while remaining competitive, companies are turning to automation technologies that increase efficiency, lower costs, and boost productivity.
Labor cost minimization is expected to boost growth in Mexico Factory Automation And ICS Markets. Manufacturing wages will rise by 8.5% in 2023, with 350,000 vacant positions, resulting in rising costs and personnel shortages. This dilemma is driving organizations to employ automation technology in order to increase efficiency and reduce reliance on labor, making automation a key solution for maintaining productivity.
How will the High Initial Investment Costs Hamper the Mexico Factory Automation And ICS Market?
High initial investment costs may hinder the growth of the Mexico Factory Automation And ICS Market. The high costs involved with deploying modern automation systems—such as robotics, PLCs, and SCADA—can be a barrier, particularly for small and medium-sized businesses (SMEs) with restricted budgets. These high upfront costs might hinder adoption since many businesses desire cost savings and are hesitant to commit to large capital investments, despite the long-term efficiency gains.
A complex regulatory environment might hamper the Mexican Factory Automation & ICS market. Strict requirements regarding technical standards, safety, and environmental compliance can make it difficult for businesses to implement automation solutions quickly. Navigating these laws takes more time, resources, and money, which may discourage investment, especially among smaller firms that may struggle to meet regulatory requirements efficiently.
Category-Wise Acumens
Will the Core of Automation Fuel the Industrial Control Systems (ICS) Segment for the Mexico Factory Automation And ICS Market?
The Industrial Control Systems (ICS) segment currently dominates the Mexico Factory Automation And ICS Market. The core of automation is expected to drive growth in the Industrial Control Systems (ICS) segment of Mexico’s factory automation market. ICS technologies, such as SCADA and PLCs, are critical to automation as they provide real-time monitoring, precise control, and data-driven decision-making in industrial processes. As Mexican industries prioritize efficiency, productivity, and competitiveness, demand for ICS solutions will increase, establishing them as essential tools in automation adoption.
The automotive, chemical, and food and beverage industries are expected to drive the Industrial Control Systems (ICS) segment of Mexico’s industrial automation market. These industries place great expectations on precision, safety, and efficiency, which ICS technologies such as SCADA and PLCs can provide. Automotive manufacturing depends on ICS for quality and speed, the chemical industry need precise control for safety, and food and beverage processing requires automation to ensure sanitation and consistency, all of which drive ICS demand in Mexico.
Will the Focus on Quality Control Raise the Automotive Segment of the Mexico Factory Automation And ICS Market?
The automotive industry in Mexico is experiencing rapid growth, Quality control is expected to drive the automotive segment of Mexico Factory Automation And ICS Market. To ensure safety and dependability, the automobile industry places a premium on precision and quality. Automated quality control systems, which use sensors and real-time monitoring via ICS, can spot errors early, enhance consistency, and minimize waste. Due to this emphasis on quality assurance, Mexico’s automotive manufacturers must rely on automation to achieve both domestic and international standards.
Complex processes are expected to boost the automotive sector of Mexico Factory Automation And ICS Market. Assembly, painting, and quality checks are all delicate jobs in the automotive manufacturing process that need a high level of precision and cooperation. Automation and ICS solutions help manufacturers manage these complex workflows more efficiently, decrease errors, and ensure consistent quality. As automakers attempt to streamline operations and respond to changing market demands, their dependence on automation to manage complicated procedures will expand.
Gain Access to Mexico Factory Automation And ICS Market Report Methodology
https://www.verifiedmarketresearch.com/select-licence/?rid=494703
Country/Region-wise Acumens
What Factors are Expanding the Growth of the Factory Mexico Factory Automation And ICS Market?
The expansion of the Factory automation & ICS market in Mexico’s Central and Northern regions is being driven mostly by considerable technology advancements and industry investment. According to INEGI, these regions accounted for 78% of total manufacturing production in 2023, with Northern states contributing 45% of national manufacturing GDP. Key states such as Nuevo León, Chihuahua, and Querétaro are in the forefront of automation adoption, particularly in the automotive sector, where approximately USD 3.2 Billion was invested in automation and control systems in 2023, with a 25% increase expected by 2025.
Furthermore, the Northern region is home to more than 65% of Mexico’s aerospace industry, with an impressive 12.3% annual growth rate in automation deployment, demonstrating the industry’s commitment to increasing efficiency and competitiveness.
Central Mexico’s Guanajuato and San Luis Potosí have seen significant expansion, attracting USD 5.8 Billion in manufacturing-focused FDI in 2023, with 40% allocated for automation and control systems. This investment increased the region’s adoption of Industrial Control Systems (ICS) by 15%. Although Mexico City has a modest manufacturing base, it serves as a technology hub, containing 32% of the country’s automation research institutions and expecting a 28% rise in automation-related patents by 2023. The city’s technology sector employs over 250,000 people, with 35% working in industrial automation, resulting in a 20% yearly growth rate in automation project implementations by local system integration businesses across many industries.
Competitive Landscape
Examining the competitive landscape of the Mexico Factory Automation And ICS Market is considered crucial for gaining insights into the industry’s dynamics. This research aims to analyze the competitive landscape, focusing on key players, market trends, innovations, and strategies. By conducting this analysis, valuable insights will be provided to industry stakeholders, assisting them in effectively navigating the competitive environment and seizing emerging opportunities. Understanding the competitive landscape will enable stakeholders to make informed decisions, adapt to market trends, and develop strategies to enhance their market position and competitiveness in the Mexico Factory Automation And ICS Market.
Some of the prominent players operating in the Mexico Factory Automation And ICS Market include:
Honeywell International, Inc., General Electric Co., ABB Ltd., Emerson Electric Company, Siemens AG, Rockwell Automation, Inc., Schneider Electric, Yokogawa Electric Corporation, Omron Corporation, Mitsubishi Electric Corporation.
Latest Developments
- In October 2024, Rockwell Automation’s FactoryTalk Optix platform will now enable DataReady smart devices. This upgrade enables contextualized machine data, which can be utilized to optimize production using analytics and connect to other programs such as DataMosaix, Plex Smart Manufacturing Platform, and Fiix maintenance software. This helps to expedite digital transformation.
- In June 2024, ABB Robotics released OmniCore, a new intelligent automation platform. It is faster, more precise, and sustainable, with the goal of making enterprises more resilient to the future. This platform, which has received significant investment, is modular and can integrate AI, sensor, cloud, and edge computing technologies. It is intended to produce advanced, self-contained robotic applications.
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
Study Period | 2021-2032 |
Growth Rate | CAGR of 8.5% from 2026 to 2032 |
Base Year for Valuation | 2024 |
Historical Period | 2021-2023 |
Forecast Period | 2026-2032 |
Report Coverage | Historical and Forecast Revenue Forecast, Historical and Forecast Volume, Growth Factors, Trends, Competitive Landscape, Key Players, Segmentation Analysis |
Segments Covered |
|
Regions Covered |
|
Key Players |
|
Customization | Report customization along with purchase available upon request |
Mexico Factory Automation And ICS Market, By Category
Product Type:
- Field Devices
- Industrial Control Systems (ICS)
End-User Industry:
- Automotive
- Chemical & Petrochemical
- Utility
- Pharmaceutical
- Food & Beverage
- Oil & Gas
Region:
- Mexico
Research Methodology of Verified Market Research:
To know more about the Research Methodology and other aspects of the research study, kindly get in touch with ourSales Team at Verified Market Research.
Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come
• 6-month post-sales analyst support
Customization of the Report
• In case of anyQueries or Customization Requirementsplease connect with our sales team, who will ensure that your requirements are met.
Frequently Asked Questions
Mexico Factory Automation And ICS Market was valued at USD 4093.71 Million in 2024 and is projected to reach USD 7862.39 Million by 2032, growing at a CAGR of 8.5% from 2026 to 2032.
What are the key driving factors for the growth of the Mexico Factory Automation And ICS Market?
The growing use of Industry 4.0 technologies, combined with the requirement to meet high quality and safety standards, is driving demand for advanced automation and control systems.
What are the top players operating in the Mexico Factory Automation And ICS Market?
The major players are Honeywell International, Inc., General Electric Co., ABB Ltd., Emerson Electric Company, Siemens AG, Rockwell Automation, Inc., Schneider Electric, Yokogawa Electric Corporation, Omron Corporation, Mitsubishi Electric Corporation.
What segments are covered in the Mexico Factory Automation And ICS Market report?
The Mexico Factory Automation And ICS Market is Segmented on the basis of Product Type, End-User Industry and Geography.
How can I get a sample report/company profiles for the Mexico Factory Automation And ICS Market?
The sample report for the Mexico Factory Automation And ICS Market can be obtained on demand from the website. Also, the 24*7 chat support & direct call services are provided to procure the sample report.
1 INTRODUCTION OF MEXICO FACTORY AUTOMATION AND ICS MARKET
1.1 Introduction of the Market
1.2 Scope of Report
1.3 Assumptions
2 EXECUTIVE SUMMARY
3 RESEARCH METHODOLOGY OF VERIFIED MARKET RESEARCH
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources
4 MEXICO FACTORY AUTOMATION AND ICS MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
5 MEXICO FACTORY AUTOMATION AND ICS MARKET, BY PRODUCT TYPE
5.1 Overview
5.2 Field Devices
5.3 Industrial Control Systems (ICS)
6 MEXICO FACTORY AUTOMATION AND ICS MARKET, BY END-USER INDUSTRY
6.1 Overview
6.2 Automotive
6.3 Chemical & Petrochemical
6,4 Utility
6.5 Pharmaceutical
6.6 Food & Beverage
6.7 Oil & Gas
7 MEXICO FACTORY AUTOMATION AND ICS MARKET, BY GEOGRAPHY
7.1 Overview
7.2 North America
7.2.1 Mexico
8 MEXICO FACTORY AUTOMATION AND ICS MARKET COMPETITIVE LANDSCAPE
8.1 Overview
8.2 Company Market ranking
8.3 Key Development Strategies
9 COMPANY PROFILES
9.1 Honeywell International, Inc.
9.1.1 Overview
9.1.2 Financial Performance
9.1.3 Product Outlook
9.1.4 Key Developments
9.2 General Electric Co.
9.2.1 Overview
9.2.2 Financial Performance
9.2.3 Product Outlook
9.2.4 Key Developments
9.3 ABB Ltd.
9.3.1 Overview
9.3.2 Financial Performance
9.3.3 Product Outlook
9.3.4 Key Developments
9.4 Emerson Electric Company
9.4.1 Overview
9.4.2 Financial Performance
9.4.3 Product Outlook
9.4.4 Key Developments
9.5 Siemens AG
9.5.1 Overview
9.5.2 Financial Performance
9.5.3 Product Outlook
9.5.4 Key Developments
9.6 Rockwell Automation, Inc.
9.6.1 Overview
9.6.2 Financial Performance
9.6.3 Product Outlook
9.6.4 Key Developments
9.7 Schneider Electric
9.7.1 Overview
9.7.2 Financial Performance
9.7.3 Product Outlook
9.7.4 Key Developments
9.8 Yokogawa Electric Corporation
9.8.1 Overview
9.8.2 Financial Performance
9.8.3 Product Outlook
9.8.4 Key Developments
9.9 Omron Corporation
9.9.1 Overview
9.9.2 Financial Performance
9.9.3 Product Outlook
9.9.4 Key Developments
9.10 Mitsubishi Electric Corporation
9.10.1 Overview
9.10.2 Financial Performance
9.10.3 Product Outlook
9.10.4 Key Developments
10 KEY DEVELOPMENTS
10.1 Product Launches/Developments
10.2 Mergers and Acquisitions
10.3 Business Expansions
10.4 Partnerships and Collaborations
11 APPENDIX
11.1 Related Research
Report Research Methodology
Verified Market Research uses the latest researching tools to offer accurate data insights. Our experts deliver the best research reports that have revenue generating recommendations. Analysts carry out extensive research using both top-down and bottom up methods. This helps in exploring the market from different dimensions.
This additionally supports the market researchers in segmenting different segments of the market for analysing them individually.
We appoint data triangulation strategies to explore different areas of the market. This way, we ensure that all our clients get reliable insights associated with the market. Different elements of research methodology appointed by our experts include:
Exploratory data mining
Market is filled with data. All the data is collected in raw format that undergoes a strict filtering system to ensure that only the required data is left behind. The leftover data is properly validated and its authenticity (of source) is checked before using it further. We also collect and mix the data from our previous market research reports.
All the previous reports are stored in our large in-house data repository. Also, the experts gather reliable information from the paid databases.
For understanding the entire market landscape, we need to get details about the past and ongoing trends also. To achieve this, we collect data from different members of the market (distributors and suppliers) along with government websites.
Last piece of the ‘market research’ puzzle is done by going through the data collected from questionnaires, journals and surveys. VMR analysts also give emphasis to different industry dynamics such as market drivers, restraints and monetary trends. As a result, the final set of collected data is a combination of different forms of raw statistics. All of this data is carved into usable information by putting it through authentication procedures and by using best in-class cross-validation techniques.
Data Collection Matrix
Perspective | Primary Research | Secondary Research |
---|---|---|
Supplier side |
|
|
Demand side |
|
|
Econometrics and data visualization model
Our analysts offer market evaluations and forecasts using the industry-first simulation models. They utilize the BI-enabled dashboard to deliver real-time market statistics. With the help of embedded analytics, the clients can get details associated with brand analysis. They can also use the online reporting software to understand the different key performance indicators.
All the research models are customized to the prerequisites shared by the global clients.
The collected data includes market dynamics, technology landscape, application development and pricing trends. All of this is fed to the research model which then churns out the relevant data for market study.
Our market research experts offer both short-term (econometric models) and long-term analysis (technology market model) of the market in the same report. This way, the clients can achieve all their goals along with jumping on the emerging opportunities. Technological advancements, new product launches and money flow of the market is compared in different cases to showcase their impacts over the forecasted period.
Analysts use correlation, regression and time series analysis to deliver reliable business insights. Our experienced team of professionals diffuse the technology landscape, regulatory frameworks, economic outlook and business principles to share the details of external factors on the market under investigation.
Different demographics are analyzed individually to give appropriate details about the market. After this, all the region-wise data is joined together to serve the clients with glo-cal perspective. We ensure that all the data is accurate and all the actionable recommendations can be achieved in record time. We work with our clients in every step of the work, from exploring the market to implementing business plans. We largely focus on the following parameters for forecasting about the market under lens:
- Market drivers and restraints, along with their current and expected impact
- Raw material scenario and supply v/s price trends
- Regulatory scenario and expected developments
- Current capacity and expected capacity additions up to 2027
We assign different weights to the above parameters. This way, we are empowered to quantify their impact on the market’s momentum. Further, it helps us in delivering the evidence related to market growth rates.
Primary validation
The last step of the report making revolves around forecasting of the market. Exhaustive interviews of the industry experts and decision makers of the esteemed organizations are taken to validate the findings of our experts.
The assumptions that are made to obtain the statistics and data elements are cross-checked by interviewing managers over F2F discussions as well as over phone calls.
Different members of the market’s value chain such as suppliers, distributors, vendors and end consumers are also approached to deliver an unbiased market picture. All the interviews are conducted across the globe. There is no language barrier due to our experienced and multi-lingual team of professionals. Interviews have the capability to offer critical insights about the market. Current business scenarios and future market expectations escalate the quality of our five-star rated market research reports. Our highly trained team use the primary research with Key Industry Participants (KIPs) for validating the market forecasts:
- Established market players
- Raw data suppliers
- Network participants such as distributors
- End consumers
The aims of doing primary research are:
- Verifying the collected data in terms of accuracy and reliability.
- To understand the ongoing market trends and to foresee the future market growth patterns.
Industry Analysis Matrix
Qualitative analysis | Quantitative analysis |
---|---|
|
|