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Construction in Mexico - Key Trends and Opportunities to 2019

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Date: 19-Nov-2015
No. of pages: 75
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Synopsis

Mexico's construction industry is expected to continue to expand over the forecast period (2015-2019), due to government investment in energy, residential and infrastructure construction.

The government's main areas of focus are: addressing the country's housing shortage, developing sources of renewable energy and improving transport and tourism infrastructure.

Over the forecast period, growth will be driven by an increase in public and private sector investments, disposable income, population growth and urbanization.

In real terms, growth in the industry's output value is anticipated to accelerate from a compound annual growth rate (CAGR) of 0.70% during the review period (2010-2014), to a forecast-period CAGR of 3.65%.

Summary

Timetric's Construction in Mexico - Key Trends and Opportunities to 2019 report provides detailed market analysis, information and insights into the Mexican construction industry including:


  • The Mexican construction industry's growth prospects by market, project type and type of construction activity

  • Analysis of equipment, material and service costs across each project type within Mexico

  • Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Mexican construction industry

  • Profiles of the leading operators in the Mexican construction industry.

  • Data highlights of the largest construction projects in Mexico


Scope

This report provides a comprehensive analysis of the construction industry in Mexico It provides:


  • Historical (2010-2014) and forecast (2015-2019) valuations of the construction industry in Mexican using construction output and value-add methods

  • Segmentation by sector (commercial, industrial, infrastructure, energy and utilities, institutional and residential) and by project type

  • Breakdown of values within each project type, by type of activity (new construction, repair and maintenance, refurbishment and demolition) and by type of cost (materials, equipment and services)

  • Analysis of key construction industry issues, including regulation, cost management, funding and pricing

  • Detailed profiles of the leading construction companies in Mexico


Reasons To Buy


  • Identify and evaluate market opportunities using Timetric's standardized valuation and forecasting methodologies

  • Assess market growth potential at a micro-level with over 600 time-series data forecasts

  • Understand the latest industry and market trends

  • Formulate and validate business strategies using Timetric's critical and actionable insight

  • Assess business risks, including cost, regulatory and competitive pressures

  • Evaluate competitive risk and success factors


Key Highlights


  • In terms of its contribution to GDP and employment, the travel and tourism industry is one of the most important contributors to the Mexican economy. According to the WTTC, the travel and tourism sector's direct contribution to GDP measured 6.8% in 2014, while its total contribution to GDP was 14.8%. In terms of employment, the industry's direct contribution stood at 7.4% in 2014, while its total contribution was 15.7%. The Mexican travel and tourism sector's total contribution to GDP is expected to increase by 4.2% annually, from 2014 to 2025. The industry is also expected to attract capital investments by 2025. This will support growth in the leisure and hospitality buildings category over the forecast period.

  • The commercial construction market will be supported by a number of office buildings construction projects, due to an increase in the take-up of office space transactions. More than 530,000m2 of office space is expected to be added to the market by 2018, with eight office building projects under construction and four in the planning stage, along Reforma, Mexico city's central avenue. The government is making efforts to encourage this development by providing concessions on building permits and waiving property taxes. The resultant initiatives are anticipated to support the expansion of the commercial construction market over the forecast period.

  • The government's aim to develop road infrastructure has been supported by public and private sector investments during the past decade. To further modernize the country's road infrastructure by 2018, the Mexico's Secretariat of Communications and Transportation (SCT) allocated MXN380.0 billion (US$28.5 billion) in 2014 for the widening of highways to four lanes. Investment will focus on 15 road projects connecting 33 ports, responsible for the transit of 99.0% of the country's twenty-foot equivalent unit cargo containers.

  • Under its NIP 2014-2018, the government announced plans to construct a portfolio of 262 energy projects in April 2014. The plan focuses on the extension and development of the country's existing energy infrastructure facilities, which include the construction of generation, transmission and distribution facilities. Initiatives will support the growth of the energy and communications infrastructure category over the forecast period.

  • According to the United Nations Department of Economic and Social Affairs (UNDESA), the total population is expected to increase from 118.6 million in 2010 to 134.8 million by 2020, and 141.9 million by 2025. Furthermore, the urban population in particular is expected to increase from 91.8 million in 2010 to 106.3 million by 2020, and 119.0 million by 2030. This is expected to increase the demand for new houses, and create demand for residential construction.

Construction in Mexico - Key Trends and Opportunities to 2019

Table of Contents

1 Executive Summary

2 Industry Outlook
2.1 Commercial Construction
2.2 Industrial Construction
2.3 Infrastructure Construction
2.4 Energy and Utilities Construction
2.5 Institutional Construction
2.6 Residential Construction

3 Key Issues and Developments

4 Market Data Analysis
4.1 Construction Output and Value Add
4.1.1 Construction output by project type
4.1.2 Construction output by cost type
4.1.3 Construction output by activity type
4.1.4 Construction value add by project type
4.2 Commercial Construction
4.2.1 Commercial construction output by project type
4.2.2 Commercial construction output by cost type
4.2.3 Commercial construction output by activity type
4.2.4 Commercial construction value add by project type
4.3 Industrial Construction
4.3.1 Industrial construction output by project type
4.3.2 Industrial construction output by cost type
4.3.3 Industrial construction output by activity type
4.3.4 Industrial construction value add by project type
4.4 Infrastructure Construction
4.4.1 Infrastructure construction output by project type
4.4.2 Infrastructure construction output by cost type
4.4.3 Infrastructure construction output by activity type
4.4.4 Infrastructure construction value add by project type
4.5 Energy and Utilities Construction
4.5.1 Energy and utilities construction output by project type
4.5.2 Energy and utilities construction output by cost type
4.5.3 Energy and utilities construction output by activity type
4.5.4 Energy and utilities construction value add by project type
4.6 Institutional Construction
4.6.1 Institutional construction output by project type
4.6.2 Institutional construction output by cost type
4.6.3 Institutional construction output by activity type
4.6.4 Institutional construction value add by project type
4.7 Residential Construction
4.7.1 Residential construction output by project type
4.7.2 Residential construction output by cost type
4.7.3 Residential construction output by activity type
4.7.4 Residential construction value add by project type

5 Company Profile: Empresas ICA, SAB de CV
5.1 Empresas ICA, SAB de CV - Company Overview
5.2 Empresas ICA, SAB de CV - Business Description
5.3 Empresas ICA, SAB de CV - Main Services
5.4 Empresas ICA, SAB de CV - History
5.5 Empresas ICA, SAB de CV - Company Information
5.5.1 Empresas ICA, SAB de CV - key competitors
5.5.2 Empresas ICA, SAB de CV - key employees

6 Company Profile: Impulsora del Desarrollo y el Empleo en América Latina SAB de CV
6.1 Impulsora del Desarrollo y el Empleo en América Latina SAB de CV - Company Overview
6.2 Impulsora del Desarrollo y el Empleo en América Latina SAB de CV - Main Services
6.3 Impulsora del Desarrollo y el Empleo en América Latina SAB de CV - History
6.4 Impulsora del Desarrollo y el Empleo en América Latina SAB de CV - Company Information
6.4.1 Impulsora del Desarrollo y el Empleo en América Latina SAB de CV - key competitors
6.4.2 Impulsora del Desarrollo y el Empleo en América Latina SAB de CV - key employees

7 Company Profile: Promotora y Operadora de Infraestructura,SAB de CV
7.1 Promotora y Operadora de Infraestructura,SAB de CV - Company Overview
7.2 Promotora y Operadora de Infraestructura, SAB de CV - Business Description
7.3 Promotora y Operadora de Infraestructura,SAB de CV - Main Products and Services
7.4 Promotora y Operadora de Infraestructura,SAB de CV - History
7.5 Promotora y Operadora de Infraestructura,SAB de CV - Company Information
7.5.1 Promotora y Operadora de Infraestructura,SAB de CV - key competitors
7.5.2 Promotora y Operadora de Infraestructura,SAB de CV - key employees

8 Company Profile: Grupo Carso, SA de CV
8.1 Grupo Carso, SA de CV - Company Overview
8.2 Grupo Carso, SA de CV - Business Description
8.3 Grupo Carso, SA de CV - Main Products and Services
8.4 Grupo Carso, SA de CV - History
8.5 Grupo Carso, SA de CV - Company Information
8.5.1 Grupo Carso, SA de CV - key competitors
8.5.2 Grupo Carso, SA de CV - key employees

9 Company Profile: Consorcio ARA, SAB de CV
9.1 Consorcio ARA, SAB de CV - Company Overview
9.2 Consorcio ARA, SAB de CV - Business Description
9.3 Consorcio ARA, SAB de CV - Main Products and Services
9.4 Consorcio ARA, SAB de CV - History
9.5 Consorcio ARA, SAB de CV - Company Information
9.5.1 Consorcio ARA, SAB de CV - key competitors
9.5.2 Consorcio ARA, SAB de CV - key employees

10 Appendix
10.1 What is this Report About?
10.2 Definitions
10.3 Methodology
10.4 Contact Timetric
10.5 About Timetric
10.6 Timetric's Services
10.7 Disclaimer

List of Tables

Table 1: Mexican Construction Output by Project Type (MXN Million), 2010-2014
Table 2: Mexican Construction Output by Project Type (MXN Million), 2014-2019
Table 3: Mexican Construction Output by Cost Type (MXN Million), 2010-2014
Table 4: Mexican Construction Output by Cost Type (MXN Million), 2014-2019
Table 5: Mexican Construction Output by Activity Type (MXN Million), 2010-2014
Table 6: Mexican Construction Output by Activity Type (MXN Million), 2014-2019
Table 7: Mexican Construction Value Add by Project Type (MXN Million), 2010-2014
Table 8: Mexican Construction Value Add by Project Type (MXN Million), 2014-2019
Table 9: Mexican Commercial Construction Output by Project Type (MXN Million), 2010-2014
Table 10: Mexican Commercial Construction Output by Project Type (MXN Million), 2014-2019
Table 11: Mexican Commercial Construction Output by Cost Type (MXN Million), 2010-2014
Table 12: Mexican Commercial Construction Output by Cost Type (MXN Million), 2014-2019
Table 13: Mexican Commercial Construction Output by Activity Type (MXN Million), 2010-2014
Table 14: Mexican Commercial Construction Output by Activity Type (MXN Million), 2014-2019
Table 15: Mexican Commercial Construction Value Add by Project Type (MXN Million), 2010-2014
Table 16: Mexican Commercial Construction Value Add by Project Type (MXN Million), 2014-2019
Table 17: Mexican Industrial Construction Output by Project Type (MXN Million), 2010-2014
Table 18: Mexican Industrial Construction Output by Project Type (MXN Million), 2014-2019
Table 19: Mexican Industrial Construction Output by Cost Type (MXN Million), 2010-2014
Table 20: Mexican Industrial Construction Output by Cost Type (MXN Million), 2014-2019
Table 21: Mexican Industrial Construction Output by Activity Type (MXN Million), 2010-2014
Table 22: Mexican Industrial Construction Output by Activity Type (MXN Million), 2014-2019
Table 23: Mexican Industrial Construction Value Add by Project Type (MXN Million), 2010-2014
Table 24: Mexican Industrial Construction Value Add by Project Type (MXN Million), 2014-2019
Table 25: Mexican Infrastructure Construction Output by Project Type (MXN Million), 2010-2014
Table 26: Mexican Infrastructure Construction Output by Project Type (MXN Million), 2014-2019
Table 27: Mexican Infrastructure Construction Output by Cost Type (MXN Million), 2010-2014
Table 28: Mexican Infrastructure Construction Output by Cost Type (MXN Million), 2014-2019
Table 29: Mexican Infrastructure Construction Output by Activity Type (MXN Million), 2010-2014
Table 30: Mexican Infrastructure Construction Output by Activity Type (MXN Million), 2014-2019
Table 31: Mexican Infrastructure Construction Value Add by Project Type (MXN Million), 2010-2014
Table 32: Mexican Infrastructure Construction Value Add by Project Type (MXN Million), 2014-2019
Table 33: Mexican Energy and Utilities Construction Output by Project Type (MXN Million), 2010-2014
Table 34: Mexican Energy and Utilities Construction Output by Project Type (MXN Million), 2014-2019
Table 35: Mexican Energy and Utilities Construction Output by Cost Type (MXN Million), 2010-2014
Table 36: Mexican Energy and Utilities Construction Output by Cost Type (MXN Million), 2014-2019
Table 37: Mexican Energy and Utilities Construction Output by Activity Type (MXN Million), 2010-2014
Table 38: Mexican Energy and Utilities Construction Output by Activity Type (MXN Million), 2014-2019
Table 39: Mexican Energy and Utilities Construction Value Add by Project Type (MXN Million), 2010-2014
Table 40: Mexican Energy and Utilities Construction Value Add by Project Type (MXN Million), 2014-2019
Table 41: Mexican Institutional Construction Output by Project Type (MXN Million), 2010-2014
Table 42: Mexican Institutional Construction Output by Project Type (MXN Million), 2014-2019
Table 43: Mexican Institutional Construction Output by Cost Type (MXN Million), 2010-2014
Table 44: Mexican Institutional Construction Output by Cost Type (MXN Million), 2014-2019
Table 45: Mexican Institutional Construction Output by Activity Type (MXN Million), 2010-2014
Table 46: Mexican Institutional Construction Output by Activity Type (MXN Million), 2014-2019
Table 47: Mexican Institutional Construction Value Add by Project Type (MXN Million), 2010-2014
Table 48: Mexican Institutional Construction Value Add by Project Type (MXN Million), 2014-2019
Table 49: Mexican Residential Construction Output by Project Type (MXN Million), 2010-2014
Table 50: Mexican Residential Construction Output by Project Type (MXN Million), 2014-2019
Table 51: Mexican Residential Construction Output by Cost Type (MXN Million), 2010-2014
Table 52: Mexican Residential Construction Output by Cost Type (MXN Million), 2014-2019
Table 53: Mexican Residential Construction Output by Activity Type (MXN Million), 2010-2014
Table 54: Mexican Residential Construction Output by Activity Type (MXN Million), 2014-2019
Table 55: Mexican Residential Construction Value Add by Project Type (MXN Million), 2010-2014
Table 56: Mexican Residential Construction Value Add by Project Type (MXN Million), 2014-2019
Table 57: Empresas ICA, SAB de CV, Key Facts
Table 58: Empresas ICA, SAB de CV, Main Services
Table 59: Empresas ICA, SAB de CV, History
Table 60: Empresas ICA, SAB de CV, Key Employees
Table 61: Impulsora del Desarrollo y el Empleo en América Latina SAB de CV, Key Facts
Table 62: Impulsora del Desarrollo y el Empleo en América Latina SAB de CV, Main Services
Table 63: Impulsora del Desarrollo y el Empleo en América Latina SAB de CV, History
Table 64: Impulsora del Desarrollo y el Empleo en América Latina SAB de CV, Key Employees
Table 65: Promotora y Operadora de Infraestructura,SAB de CV, Key Facts
Table 66: Promotora y Operadora de Infraestructura,SAB de CV, Main Products and Services
Table 67: Promotora y Operadora de Infraestructura,SAB de CV, History
Table 68: Promotora y Operadora de Infraestructura,SAB de CV, Key Employees
Table 69: Grupo Carso, SA de CV, Key Facts
Table 70: Grupo Carso, SA de CV, Main Products and Services
Table 71: Grupo Carso, SA de CV, History
Table 72: Grupo Carso, SA de CV, Key Employees
Table 73: Consorcio ARA, SAB de CV, Key Facts
Table 74: Consorcio ARA, SAB de CV, Main products and Services
Table 75: Consorcio ARA, SAB de CV, History
Table 76: Consorcio ARA, SAB de CV, Key Employees
Table 77: Timetric Construction Market Definitions

List of Figures

Figure 1: Mexican Construction Output (Real US$ 2010, Million), 2010-2019
Figure 2: Growth Matrix for Construction Output in Mexico (US$ Million), 2010-2019
Figure 3: Mexican Construction Output by Project Type (MXN Million), 2010-2019
Figure 4: Mexican Construction Output by Cost Type (MXN Million), 2010-2019
Figure 5: Mexican Construction Output by Activity Type (MXN Million), 2010-2019
Figure 6: Mexican Construction Value Add by Project Type (MXN Million), 2010-2019
Figure 7: Mexican Commercial Construction Output by Project Type (MXN Million), 2010-2019
Figure 8: Mexican Commercial Construction Output by Cost Type (MXN Million), 2010-2019
Figure 9: Mexican Commercial Construction Output by Activity Type (MXN Million), 2010-2019
Figure 10: Mexican Commercial Construction Value Add by Project Type (MXN Million), 2010-2019
Figure 11: Mexican Industrial Construction Output by Project Type (MXN Million), 2010-2019
Figure 12: Mexican Industrial Construction Output by Cost Type (MXN Million), 2010-2019
Figure 13: Mexican Industrial Construction Output by Activity Type (MXN Million), 2010-2019
Figure 14: Mexican Industrial Construction Value Add by Project Type (MXN Million), 2010-2019
Figure 15: Mexican Infrastructure Construction Output by Project Type (MXN Million), 2010-2019
Figure 16: Mexican Infrastructure Construction Output by Cost Type (MXN Million), 2010-2019
Figure 17: Mexican Infrastructure Construction Output by Activity Type (MXN Million), 2010-2019
Figure 18: Mexican Infrastructure Construction Value Add by Project Type (MXN Million), 2010-2019
Figure 19: Mexican Energy and Utilities Construction Output by Project Type (MXN Million), 2010-2019
Figure 20: Mexican Energy and Utilities Construction Output by Cost Type (MXN Million), 2010-2019
Figure 21: Mexican Energy and Utilities Construction Output by Activity Type (MXN Million), 2010-2019
Figure 22: Mexican Energy and Utilities Construction Value Add by Project Type (MXN Million), 2010-2019
Figure 23: Mexican Institutional Construction Output by Project Type (MXN Million), 2010-2019
Figure 24: Mexican Institutional Construction Output by Cost Type (MXN Million), 2010-2019
Figure 25: Mexican Institutional Construction Output by Activity Type (MXN Million), 2010-2019
Figure 26: Mexican Institutional Construction Value Add by Project Type (MXN Million), 2010-2019
Figure 27: Mexican Residential Construction Output by Project Type (MXN Million), 2010-2019
Figure 28: Mexican Residential Construction Output by Cost Type (MXN Million), 2010-2019
Figure 29: Mexican Residential Construction Output by Activity Type (MXN Million), 2010-2019
Figure 30: Mexican Residential Construction Value Add by Project Type (MXN Million), 2010-2019

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