Mexico Smart Grid Outlook, 2012 – 2020

Mexico Smart Grid Outlook, 2012 – 2020
Single User Price: $1,200.00


Zpryme’s research indicates that Mexico’s smart grid technology market will grow from $1.23 billion in 2012 to $7.42 billion in 2020. This translates to a projected compound annual growth rate (CAGR) of 25%. While starting from a small base, this represents an attractive regional opportunity in a large market that is poised for aggressive investment to modernize their power grid.

Like many Latin American countries, Mexico faces problems such as power outages, electrical theft, and poor energy infrastructure. Therefore, smart grid technology provides an unprecedented opportunity for Mexico to improve both functionally and economically. At present, the electricity market in Mexico is federally owned, with the Federal Electricity Commission (Comisión Federal de Electricidad or CFE) essentially controlling the whole sector.

To date, this level of control has stifled innovation, but we believe things will change with broader participation coming from the private sector. Private power generation in Mexico is done on a self-supply basis, where these players can only generate electricity for their own consumption, and can only sell excess electricity back to CFE. As modernization advances, private power producers will have new opportunities, thus bringing more secondary buyers into the market for smart grid technologies.


  • Advanced Metering Infrastructure (AMI)
  • Distribution Automation (DA)
  • Advanced Transmission and Substations/Systems
  • Customer Systems Enterprise IT Systems, Software, & Communications
  • Grid Scale Energy Storage
  • Microgrids
  • C&I Energy Management Systems
  • Advanced Distribution Management Systems Cybersecurity
  • Cloud Applications

Reason to buy

  • Get information for actionable planning
  • Gain insights to capitalize on in the Canadian Smart Grid space
  • Get overall go-to-market recommendations, major application areas, key success and much more

Date Published

July, 2013

Format / Pages

PDF / 18