Power EPC Market in Mexico Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The Mexico Power EPC Market is segmented by Power Generation from Sources (Thermal, Hydropower, Nuclear, and Non-hydro Renewables) and Power Transmission and Distribution (T&D).

Power EPC Market in Mexico Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Mexico Power EPC Market Size

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Study Period 2020 - 2030
Base Year For Estimation 2024
Forecast Data Period 2025 - 2030
Historical Data Period 2020 - 2023
CAGR 3.50 %
Market Concentration Medium

Major Players

*Disclaimer: Major Players sorted in no particular order

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Mexico Power EPC Market Analysis

The Mexico Power EPC Market is expected to register a CAGR of greater than 3.5% during the forecast period.

  • The thermal power generation segment is expected to witness significant growth during the forecast period due to the country's current plans to revive the fossil-fuel-based power sector.
  • Emerging markets, including distributed power generation, smart grids, and energy storage in Mexico, are expected to create vital opportunities for the EPC players in the future.
  • The new and upcoming transmission projects are expected to drive the Mexican power EPC market in the coming years.

Mexico Power EPC Industry Overview

The Mexican power EPC market is moderately fragmented. Some of the major players in the market include Siemens Gamesa Renewable Energy SA, Vestas Wind Systems AS, SENER Engineering Group, Técnicas Reunidas SA, and Acciona SA.

Mexico Power EPC Market Leaders

  1. Vestas Wind Systems A/S

  2. SENER Engineering Group

  3. Técnicas Reunidas, S.A.

  4. Siemens Gamesa Renewable Energy SA

  5. Acciona, S.A.

  6. *Disclaimer: Major Players sorted in no particular order
Market Concentration - Mexico Power EPC Market.png
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Mexico Power EPC Market News

  • In July 2021, Mexico confirmed its plan to develop the Sonora solar project to provide cheap electricity to the Baja California Peninsula. The project will be co-owned by CFE, the state-owned utility, and the state of Sonora will include an outlay of USD 100 million. The project is expected to be commissioned by 2023.
  • In 2021, a new transmission project was added to the country's key planned power projects list, called Veracruz II-Tamarindo II double-circuit line, which includes the upgradation process. It is a planned 36 km transmission line in Xalapa and surrounding towns in Veracruz. The project is expected to get into service by 2025.
  • In March 2022, the Government of Mexico City announced an upcoming call for the second phase of the Central Market solar project, which is estimated to be the biggest solar project installed in a city (36,000 solar modules generating 25GWh per year). The detailed information is expected to be published on the Federal Electricity Commission website soon. Further, the contract signing was expected to take place in May 2022.

Mexico Power EPC Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2. EXECUTIVE SUMMARY

3. RESEARCH METHODOLOGY

4. MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast in USD billion, until 2027
  • 4.3 Recent Trends and Developments
  • 4.4 Government Policies and Regulations
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 PESTLE Analysis

5. MARKET SEGMENTATION

  • 5.1 Power Generation from Sources
    • 5.1.1 Thermal
    • 5.1.2 Hydropower
    • 5.1.3 Nuclear
    • 5.1.4 Non-hydro Renewables
  • 5.2 Power Transmission and Distribution (T&D)

6. COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Siemens Gamesa Renewable Energy SA
    • 6.3.2 Vestas Wind Systems AS
    • 6.3.3 SENER Engineering Group
    • 6.3.4 Acciona SA
    • 6.3.5 Técnicas Reunidas SA
    • 6.3.6 Rengen Energy Solutions
    • 6.3.7 Arendal, S. de RL de CV
    • 6.3.8 Fortius Electromecánica SA de CV
    • 6.3.9 Jinko Solar Holdings Co. Ltd
  • *List Not Exhaustive

7. MARKET OPPORTUNITIES AND FUTURE TRENDS

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Mexico Power EPC Industry Segmentation

The Mexican power EPC market report includes:

Power Generation from Sources Thermal
Hydropower
Nuclear
Non-hydro Renewables
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Mexico Power EPC Market Research FAQs

What is the current Mexico Power EPC Market size?

The Mexico Power EPC Market is projected to register a CAGR of greater than 3.5% during the forecast period (2025-2030)

Who are the key players in Mexico Power EPC Market?

Vestas Wind Systems A/S, SENER Engineering Group, Técnicas Reunidas, S.A., Siemens Gamesa Renewable Energy SA and Acciona, S.A. are the major companies operating in the Mexico Power EPC Market.

What years does this Mexico Power EPC Market cover?

The report covers the Mexico Power EPC Market historical market size for years: 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Mexico Power EPC Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Power EPC in Mexico Industry Report

Statistics for the 2025 Mexico Power EPC market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Mexico Power EPC analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.