Mexico Flat Flexible Cables Market Size & Outlook
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Mexico flat flexible cables market highlights
- The Mexico flat flexible cables market generated a revenue of USD 36.5 million in 2022 and is expected to reach USD 86.0 million by 2030.
- The Mexico market is expected to grow at a CAGR of 11.3% from 2023 to 2030.
- In terms of segment, 50 to 100 micron was the largest revenue generating copper wire thickness in 2022.
- < 35 Micron is the most lucrative copper wire thickness segment registering the fastest growth during the forecast period.
Flat flexible cables market data book summary
| Market revenue in 2022 | USD 36.5 million |
| Market revenue in 2030 | USD 86.0 million |
| Growth rate | 11.3% (CAGR from 2023 to 2030) |
| Largest segment | 50 to 100 micron |
| Fastest growing segment | < 35 Micron |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | < 35 Micron, 35 to 50 Micron, 50 to 100 Micron |
Other key industry trends
- In terms of revenue, Mexico accounted for 2.7% of the global flat flexible cables market in 2022.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. flat flexible cables market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in North America and is projected to reach USD 86.0 million by 2030.
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Flat Flexible Cables Market Scope
Flat Flexible Cables Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Alysium-Tech | View profile | 11-50 | Nuremberg, Bayern, Germany, Europe | https://www.alysium.com |
| Auk | View profile | 1-10 | Oslo, Oslo, Norway, Europe | https://www.auk.eco |
| Global Connector Technology | View profile | 101-250 | Garden City, New York, United States, North America | https://gct.co/ |
| Axon' Cable | View profile | 501-1000 | Montmirail, Champagne-Ardenne, France, Europe | http://www.axon-cable.com/en |
| Nicomatic | View profile | 501-1000 | Bons, Rhone-Alpes, France, Europe | http://www.nicomatic.fr/ |
| Sumida | View profile | 5001-10000 | Obernzell, Bayern, Germany, Europe | http://www.sumida.com/ |
| Adam Technologies | View profile | - | Union, New Jersey, United States, North America | http://www.adam-tech.com/ |
| Würth Elektronik | View profile | 51-100 | Nurmijärvi, Southern Finland, Finland, Europe | https://www.wurthelektro.fi |
| Proterial Cable America | View profile | 51-100 | Manchester, New Hampshire, United States, North America | https://usa.proterial.com |
| Glaukos Corporation | View profile | - | - | - |
| Quadrangle Products | View profile | 51-100 | Englishtown, New Jersey, United States, North America | https://www.quadrangleproducts.com |
| Samtec | View profile | 1001-5000 | New Albany, Indiana, United States, North America | http://www.samtec.com |
| Molex | View profile | 11-50 | Hankamer, Texas, United States, North America | https://www.molexcompany.com |
| Johnson Electric Holdings Ltd | View profile | 35000 | 6th Floor, 12 Science Park East Avenue, Hong Kong Science Park, Shatin, New Territories, Hong Kong, Hong Kong | https://www.johnsonelectric.com |
Mexico flat flexible cables market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to flat flexible cables market will help companies and investors design strategic landscapes.
50 to 100 micron was the largest segment with a revenue share of 49.04% in 2022. Horizon Databook has segmented the Mexico flat flexible cables market based on < 35 micron, 35 to 50 micron, 50 to 100 micron covering the revenue growth of each sub-segment from 2018 to 2030.
According to the International Trade Administration, the automotive industry accounted for a share of 3.5% of the GDP of Mexico in 2022 as the country is one of the major markets for light vehicles, passenger vehicles, buses, trucks, and auto parts. Manufacturers such as Bavarian Motor Works and KIA have been investing in the expansion of their manufacturing facilities in Mexico owing to low labor and production costs in the country.
These initiatives are expected to propel the demand for flat flexible cables used in the automotive industry in Mexico in the coming years. Increasing investments by the government of the country in its aerospace industry are expected to contribute to the growth of flat flexible cables market in Mexico over the forecast period.
The country is experiencing a boom in the aerospace & defense sector. Frequent aerospace investments are announced in the country as aircraft manufacturers aim to avail advantage of the easy availability of low-cost skilled labor in Mexico and its proximity to the U.S.
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Target buyers of Mexico flat flexible cables market databook
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Our clientele includes a mix of flat flexible cables market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Mexico flat flexible cables market , including forecasts for subscribers. This country databook contains high-level insights into Mexico flat flexible cables market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Mexico flat flexible cables market size, by copper wire thickness, 2018-2030 (US$M)
Mexico Flat Flexible Cables Market Outlook Share, 2022 & 2030 (US$M)
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