Equipment & Machinery
Turbo Compressor Market
| Label | Class 6 | Class 7 | Class 8 |
|---|---|---|---|
| 2017 | 52.2 USD Mn | 67.7 USD Mn | 37.7 USD Mn |
| 2018 | 54.4 USD Mn | 72.7 USD Mn | 39.7 USD Mn |
| 2019 | 51.9 USD Mn | 71.6 USD Mn | 38.4 USD Mn |
| 2020 | 30.3 USD Mn | 43.2 USD Mn | 22.7 USD Mn |
| 2021 | 35.8 USD Mn | 52.8 USD Mn | 27.3 USD Mn |
| 2022 | 40.3 USD Mn | 61.5 USD Mn | 31.1 USD Mn |
| 2023 | 47 USD Mn | 74.3 USD Mn | 36.9 USD Mn |
| 2024 | 55.8 USD Mn | 91.3 USD Mn | 44.5 USD Mn |
| 2025 | 64.5 USD Mn | 109.5 USD Mn | 52.3 USD Mn |
| 2026 | 74.1 USD Mn | 130.5 USD Mn | 61.2 USD Mn |
Data Source: Wantstats Repository
The Mexico engine remanufacturing market is witnessing a growing demand due to various factors such as rising vehicle ownership, increasing awareness about environmental sustainability, and strict government regulations. Remanufacturing is a process of refurbishment in which used engines are disassembled, cleaned, repaired, and tested to meet the original specifications. It not only reduces the environmental impact but also offers cost-effective solutions for customers.
Based on class, the Mexico engine remanufacturing market can be categorized into passenger cars, light commercial vehicles, and heavy commercial vehicles. Passenger cars segment is expected to dominate the market during the forecast period due to the increasing demand for personal vehicles in the country. According to the Mexican Automobile Industry Association, the production of passenger cars in Mexico has been steadily increasing over the years, reaching over 3.7 million units in 2018. This is expected to drive the demand for engine remanufacturing in the passenger car segment.
The light commercial vehicle segment is also expected to show significant growth in the Mexico engine remanufacturing market. This can be attributed to the rising demand for these vehicles in the country, especially in the construction, transportation, and agriculture sectors. Moreover, the high cost of new engines and the availability of remanufactured engines at a lower cost are expected to drive the demand for engine remanufacturing in this segment.
The heavy commercial vehicle segment is also expected to witness considerable growth during the forecast period. This can be attributed to the increasing investments in the country’s infrastructure development, which has led to a rise in the demand for heavy commercial vehicles. The cost-effectiveness and environmental-friendly nature of remanufactured engines are expected to further boost the demand in this segment.
In addition to the demand from the domestic market, the Mexico engine remanufacturing market is also driven by the export of remanufactured engines to other countries in North and South America. The country’s strategic location, well-developed supply chain network, and skilled labor force make it a favorable location for remanufacturing operations.
Overall, the demand for engine remanufacturing in Mexico is expected to witness significant growth in the coming years, driven by factors such as vehicle ownership, government regulations, and cost-effectiveness. As the automotive industry in Mexico continues to expand, the engine remanufacturing market is expected to play a crucial role in providing sustainable and affordable solutions for vehicle owners.
Unlock the Full Data
Get This Chart
Access the complete chart and underlying data to support your research, analysis, and business decisions.
Let's work together
support@wantstats.comStart your data driven journey with us!
Trusted by forward-thinking businesses
for data-driven intelligence
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Co-Founder, Mojave Rail Fabrication Limited
This is really good guys. Excellent work on a tight deadline. I will continue to use you going forward and recommend you to others. Nice job.
Manager, JavolVision
Thanks, I am so happy that we worked together. Maybe we still can work together in the future.
Sales Operations & Pricing Manager, Intel
Thanks. It's been a pleasure working with you, please use me as reference with any other Intel employees.
Sales Leader, Bamberg
We bought your "2025 report" in 2020. Everything is fine and very good.
Account and Business Manager, EFS-Holland BV
Thanks for sending the report it gives us a good global view of the Betaïne market.
Senior Retail Manager, LG Chem
We found the report very insightful! we found your research firm very helpful. I'm sending this email to secure our future business.
Management Consultant, Level 21
I am very pleased with how market segments have been defined in a relevant way for my purposes (such as "Portable Freezers & refrigerators" and "last-mile"). In general the report is well structured. Thanks very much for your efforts.
Group Product Manager HVAC & Fire Protection GMA, Rockwool
I have been reading the first document or the study, the Global HVAC and FP market report 2021 till 2026. Must say, good info! I have not gone in depth at all parts, but got a good indication of the data inside!
R&D Director, Seojin
Thanks for your great support. Appreciate it. Well received report. It helps us to understand market well. We're planning other area of survey in the future, let's keep in touch.
Strategy & Business Development Director, Dogan Holding
We got the report in time, we really thank you for your support in this process. I also thank to all of your team as they did a great job.
Mexico Engine Remanufacturing Market, by Class
Powering the world's best teams.
From next-gen startups to established enterprises.
