HVAC Manufacturing in Mexico
Mexico is home to a diverse manufacturing industry where a wide range of products are assembled in the country and exported to countries around the globe. The automotive and aerospace industries in the country have experienced significant growth over the years, and both are currently thriving. However, there is another Mexican production industry growing as well: heating and cooling.
Air Conditioning, Heating and Refrigeration News wrote that HVAC industry growth is driven by gains seen in the residential and construction market. The more new homes, factories and office buildings that are being built, HVAC units will need to be installed in these structures. Surprisingly, during the Great Recession, revenue in the HVAC sector increased by 2.4 percent, although as construction slowed during this time, demand for new installations decreased in accordance with the trend.
However, as the economy continues to show signs of positive growth along with the housing and commercial construction market, the demand for HVAC units is also increasing.
An overview of Mexico’s HVAC industry
Manufacturing in Mexico News wrote that Guanajuato and Queretaro are essentially the HVAC epicenters of the country. Ironically, these states are also primary manufacturing hubs of Mexico’s automobile manufacturing sector. As a result, Mexico’s HVAC sector is poised to experience annual growth of as much as 25 percent.
This figure not only includes the production and sale of complete HVAC units, but also critical components and parts necessary for their operation. These items include compressors, heat and vacuum pumps and various valves.
As the global economy continues to improve, Mexico’s HVAC industry will also expand and become more robust. For companies considering manufacturing their products using an offshoring destination, they may want to take a closer look at the industrial activity in Mexico. The country’s commitment to positioning itself as an attractive production locale for foreign organizations has resulted in quality manufacturing activity at a fraction of the cost.