Mexico Cable Market Size and Forecast by Cable Type, Conductor Material, Insulation Type, Voltage Range, Installation, and Application: 2019-2033

Mexico Cable Market Outlook

The Mexico cable market is undergoing a significant transformation driven by rapid expansion across telecommunications, energy, and infrastructure development. As per David Gomes, Manager – Semiconductor, the market is expected to register 7.5% CAGR between the forecast period. This evolving landscape has placed cable technologies—ranging from fiber optic and coaxial to high-voltage and control cables—at the heart of national growth strategies. With Mexico’s push toward digitalization, clean energy integration, and industrial modernization, the demand for advanced cable systems is reaching unprecedented levels, unlocking major investment opportunities across public and private sectors.

In the telecommunications sector, the rollout of 5G and fiber broadband is generating robust demand for high-bandwidth fiber optic cables. Private telecom providers including Telmex, Izzi, Megacable, and Totalplay have collectively invested over $2.3 billion to upgrade their infrastructure, deploying extensive fiber networks to meet the surging need for data transmission. By 2025, Mexico is projected to have nearly 17 million 5G-connected devices—a figure expected to soar to 87 million by 2030. This growth necessitates millions of meters of low-latency, high-capacity cables to support last-mile connectivity, small cell backhaul, and edge computing nodes. Simultaneously, the government’s “Internet para Todos” initiative aims to connect 25 million citizens in underserved regions, creating demand for durable fiber optic and hybrid copper-fiber cables engineered for remote terrain and extreme weather conditions.

The cable market is also benefiting from Mexico’s energy transition, which is fundamentally altering the country’s power cable ecosystem. With 51 grid projects planned between 2025 and 2030 and over 22,000 MW of additional capacity in the pipeline, the market for power transmission and distribution cables is poised for accelerated expansion. High-voltage and extra-high-voltage cables are being deployed to connect large-scale solar and wind farms—such as the nine photovoltaic projects totaling 4.67 GW and seven wind projects adding 2.47 GW—while low-voltage control and instrumentation cables are being embedded into decentralized and battery storage systems. These setups require flame-retardant, weather-resistant cables capable of withstanding Mexico’s diverse climate and electrical load fluctuations. Federal allocation of $685 million toward rural electrification—targeting 500,000 households—further fuels the need for off-grid-ready, armored cables and compact underground cable systems in remote communities.

Another major driver of cable demand is the data center boom. With the data center market set to contribute over $73.5 billion to GDP by 2029, hyperscale providers like AWS, Google Cloud, Microsoft, and ODATA are building massive facilities in Querétaro and Monterrey. These deployments require specialized cabling solutions such as high-density optical distribution frames (ODFs), structured Cat8 copper cabling for intra-rack connectivity, and scalable fiber management systems for AI and cloud workloads. Arelion’s Dense Wavelength-Division Multiplexing (DWDM) network from Monterrey to Querétaro underscores the criticality of low-loss, high-throughput optical fiber cabling systems in linking hyperscale hubs. ODATA’s recent $3 billion hyperscale investment is a prime example of how cable infrastructure is essential not only for connectivity but also for thermal management and electromagnetic shielding within data center environments.

Physical infrastructure expansion, particularly in transportation and industrial development, further complements cable market growth. The $22.3 billion national investment program includes projects like the Mexico-Querétaro Train and high-capacity manufacturing zones, which demand a variety of cables such as signal cables for rail systems, instrumentation cables for automation processes, and fire-survival cables for critical facilities. These sectors often require compliance with stringent international standards (e.g., IEC, ISO/TS), emphasizing the growing importance of quality certification and localized testing capabilities in the Mexican cable supply chain.

However, challenges remain. Mexico’s heavy reliance on imported raw materials like copper and aluminum, as well as volatility in global cable prices, pose cost and supply chain risks. Additionally, uneven access to broadband in rural areas, slow permitting processes for energy projects, and limited cable recycling infrastructure hinder market efficiency. To navigate these issues, companies are increasingly turning to regional manufacturing, multi-sourcing strategies, and sustainable cable designs with halogen-free, recyclable insulation materials. As per David Gomes, fostering local innovation and enhancing regulatory alignment across sectors will be crucial to unlocking the full growth potential of Mexico’s cable ecosystem.

Looking ahead, the Mexico cable market is expected to grow at a healthy rate, fueled by national infrastructure programs, renewable energy integration, and data center expansion. With its unique combination of geographic scale, policy momentum, and industrial appetite, Mexico is fast emerging as a strategic cable manufacturing and deployment hub for Latin America. Stakeholders who invest early in smart cabling technologies, vertically integrated supply chains, and region-specific standards compliance will be best positioned to lead this high-growth market.

Authors: David Gomes (Manager – Semiconductor)

*Research Methodology: This report is based on DataCube’s proprietary 3-stage forecasting model, combining primary research, secondary data triangulation, and expert validation. [Learn more]

Mexico Cable Market Scope