Mexico Transportation Market Overview

Market Statistics

Base Year: 2024

Historical Years: 2019-2024

Forecast Years: 2025-2033

Market Size in 2024:  USD 81.5 Billion

Market Forecast in 2033:  USD 123.1 Billion

Market Growth Rate: 4.3%  (2025-2033)

According to the latest report by IMARC Group, The Mexico transportation market size reached USD 81.5 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 123.1 Billion by 2033, exhibiting a growth rate (CAGR) of 4.3% during 2025-2033. 

Mexico Transportation Market Trends and Drivers:

The Mexico transportation market is experiencing dynamic changes driven by infrastructure development, technological innovation, and evolving trade patterns. A key highlight is the completion of the Tren Maya, a 1,554 km inter-city railway designed to boost tourism and regional integration across the Yucatán Peninsula. While the project promises increased connectivity, it faces criticism regarding delays and unmet expectations. In the urban mobility space, the government is promoting “Olinia,” a low-cost electric vehicle aimed at low-income families, with production and assembly taking place across the country. The initiative aligns with Mexico’s sustainability goals but also faces challenges due to limited charging infrastructure and competition from international EV brands.

Meanwhile, the freight and logistics segment continues to expand, fueled by rising trade with the United States. In November 2023, trade volume between the two countries reached USD 65.8 billion, with key exports including electrical machinery, computers, and vehicle parts. This growth has increased demand on logistics infrastructure, raising operational costs for shippers. Technology adoption is also transforming logistics through GPS tracking, IoT, and data analytics, enhancing supply chain transparency and efficiency. Additionally, there is a growing push toward sustainability, encouraging the use of eco-friendly transport solutions and green logistics practices. These trends position Mexico’s transportation market for significant modernization and long-term growth.

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Mexico Transportation Industry Segmentation:

The market report offers a comprehensive analysis of the segments, highlighting those with the largest Mexico Transportation Market Share. It includes forecasts for the period 2025-2033 and historical data from 2019-2024 for the following segments.

The report has segmented the market into the following categories:

Mode of Transportation Insights:

• Road Transportation
• Rail Transportation
• Air Transportation
• Maritime Transportation
• Others

End User Insights:

• Logistics
• Maritime
• Mass Transit Freight
• Shipping
• Household
• Public Transport
• Others

Regional Insights:

• Northern Mexico
• Central Mexico
• Southern Mexico
• Others

Competitive Landscape:

The report offers an in-depth examination of the competitive landscape. It includes a thorough competitive analysis encompassing market structure, key player positioning, leading strategies for success, a competitive dashboard, and a company evaluation quadrant. Additionally, the report features detailed profiles of all major companies in the Mexico Transportation industry.

Key highlights of the Report:

• Market Performance (2019-2024)
• Market Outlook (2025-2033)
• COVID-19 Impact on the Market
• Porter’s Five Forces Analysis
• Strategic Recommendations
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

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IMARC Group is a global management consulting firm that helps the world’s most ambitious changemakers to create a lasting impact. The company provide a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.

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