AN EMERGING STRATEGY WHITE PAPER
Digging Deep: How Global Equipment Giants Navigate Mexico's Mining Market
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About the White Paper
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.
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Emerging Strategy is an award-winning management consulting firm that provides strategic market intelligence and advisory services to decision-makers for market entry, customer acquisition, growth and much more.
Our engagements have spanned more than 50 countries across 6 continents. From Fortune 1000 companies to SMEs, high-growth start-ups to investors, non-profits to industry associations, clients choose Emerging Strategy for our unique abilities to identify, gather, analyze and communicate intelligence in particularly challenging environments such as emerging markets, frontier markets and other opaque markets.
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