Home > Salary > Mexico > Product Development Manager Industrial
A Product Development Manager in the industrial sector is responsible for overseeing and managing the development of new products within a company. They work closely with various teams including research and development, engineering, marketing, and manufacturing to ensure that products are developed and launched successfully. The main duties include conducting market research, identifying customer needs and preferences, creating product specifications, coordinating product design and testing, monitoring project timelines and budgets, and collaborating with cross-functional teams to bring products to market. Additionally, they may also be involved in product improvement initiatives, analyzing competitor products, and staying updated on industry trends and technologies.
Estimated Yearly Salary: 732,943 MXN
Estimated Monthly Salary: 61,079 MXN
Estimated Weekly Salary: 14,095 MXN per week
Estimated Hourly Salary: 352 MXN per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 59,197 MXN
Estimated Weekly Salary: 13,661 MXN per week
Estimated Hourly Salary: 342 MXN per hour
Last revision of data: 2024-01-05
Estimated Yearly Salary: 36,824 USD
Estimated Monthly Salary: 3,069 USD
Estimated Weekly Salary: 708 USD per week
Estimated Hourly Salary: 18 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 732,943 MXN
Estimated Monthly Salary: 61,079 MXN
Estimated Weekly Salary: 14,095 MXN per week
Estimated Hourly Salary: 352 MXN per hour
By working as Product Development Manager Industrial a person can save up to 2,332 USD per month or 27,987 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Mexico, see costs of living in Mexico.
Estimated Yearly Salary for Product Development Manager Industrial
United States is 113,903 USD 209%
Details on Product Development Manager Industrial salary in United States Last revision of data: 2025-01-04
Data as of 2025
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Product Development Manager Industrial salary in Mexico
Average Yearly Salary of Product Development Manager Industrial in Mexico is approximately 732,943 MXN (36,824 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Product Development Manager Industrial do?
A Product Development Manager in the industrial sector is responsible for overseeing and managing the development of new products within a company. They work closely with various teams including research and development, engineering, marketing, and manufacturing to ensure that products are developed and launched successfully. The main duties include conducting market research, identifying customer needs and preferences, creating product specifications, coordinating product design and testing, monitoring project timelines and budgets, and collaborating with cross-functional teams to bring products to market. Additionally, they may also be involved in product improvement initiatives, analyzing competitor products, and staying updated on industry trends and technologies.
Skills: Product Development Manager, Industrial Sector, Research and Development, Engineering, Marketing, Manufacturing
Job industry: Manufacturing
Job industry: Manufacturing
How much does Product Development Manager Industrial make?
Salary details
How much does Product Development Manager Industrial make?Estimated Yearly Salary: 732,943 MXN
Estimated Monthly Salary: 61,079 MXN
Estimated Weekly Salary: 14,095 MXN per week
Estimated Hourly Salary: 352 MXN per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 710,360 MXNEstimated Monthly Salary: 59,197 MXN
Estimated Weekly Salary: 13,661 MXN per week
Estimated Hourly Salary: 342 MXN per hour
Last revision of data: 2024-01-05Product Development Manager Industrial estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 36,824 USD
Estimated Monthly Salary: 3,069 USD
Estimated Weekly Salary: 708 USD per week
Estimated Hourly Salary: 18 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Compare salary to other countries
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Country:
Salary comparison to National average
Mexico, located in North America, is a vibrant country known for its rich culture and diverse landscapes. With a population of approximately 126 million people, it is the 11th most populous country in the world. Covering an area of about 1,964,375 square kilometers, Mexico is the 14th largest country globally.
Estimated national average yearly salary is 331,152 MXN (18,410 USD). Value indicated is pre-tax. Below graph shows estimated Product Development Manager Industrial job salary compared to average salary in Mexico.
Comparison shows that a person working as Product Development Manager Industrial in Mexico earns on average:
2.21 times the average salary (or 221% of average salary).
Estimated national average yearly salary is 331,152 MXN (18,410 USD). Value indicated is pre-tax. Below graph shows estimated Product Development Manager Industrial job salary compared to average salary in Mexico.
Comparison shows that a person working as Product Development Manager Industrial in Mexico earns on average:
2.21 times the average salary (or 221% of average salary).
Is Product Development Manager Industrial a well paid job?
Yes, our data show that Product Development Manager Industrial is a very well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Product Development Manager Industrial?
High salary for Product Development Manager Industrial would be somewhere between 806,237 MXN and 1,062,767 MXN. However this is an estimation based on Gaussian Distribution.How much can you save working as Product Development Manager Industrial in Mexico?
Living in Mexico the approximate monthly expenses are: 736 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 732,943 MXN
Estimated Monthly Salary: 61,079 MXN
Estimated Weekly Salary: 14,095 MXN per week
Estimated Hourly Salary: 352 MXN per hour
By working as Product Development Manager Industrial a person can save up to 2,332 USD per month or 27,987 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Mexico, see costs of living in Mexico.
Salary comparison to region and neighbouring coutries
Country's neighbours are: United States, Belize, Guatemala. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Product Development Manager Industrial
United States is 113,903 USD 209%Details on Product Development Manager Industrial salary in United States
Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Mexico
(3,848,140 MXN per year, pre-tax.)
2. Cardiologist
(3,207,036 MXN per year, pre-tax.)
(3,089,000 MXN per year, pre-tax.)
(2,995,691 MXN per year, pre-tax.)
5. Neurosurgeon
(2,986,217 MXN per year, pre-tax.)
6. Urologist
(2,929,358 MXN per year, pre-tax.)
(2,929,338 MXN per year, pre-tax.)
8. Oncologist
(2,923,408 MXN per year, pre-tax.)
(2,918,043 MXN per year, pre-tax.)
(2,917,105 MXN per year, pre-tax.)
Data as of 2025Random salary:
Organ recovery coordinator (339,429 MXN per year, pre-tax.)
Applications systems and program manager (599,383 MXN per year, pre-tax.)
Night auditor (176,580 MXN per year, pre-tax.)
Air freight agent (169,714 MXN per year, pre-tax.)
Director clinical data management (1,083,436 MXN per year, pre-tax.)
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