In 2022, the US mining and oil and gas field machinery manufacturing sector achieved a total value of USD 3.4 billion. Notably, Mexico stands as the second largest buyer. The nation's significance, contributing over 25% of the world’s silver output, and its 53 underground mining facilities positions it as a critical market for underground mining equipment.
Manufacturers worldwide compete to capture a portion of the Mexican market, including key players like Komatsu of Japan, Sandvik and Epiroc of Sweden, Caterpillar of the US, and MacLean Engineering of Canada, all striving to enhance their offerings and increase their market share.
This white paper explores the leading distributors for mining equipment in Mexico, as well as the strategies employed by companies in the industry, with the goal of understanding how to best succeed in this crucial market.