Electrical Conduit Market by Type (Flexible, Rigid), Material (Metallic, Non-metallic), End-Use Industry - Global Forecast 2024-2030

Electrical Conduit Market by Type (Flexible, Rigid), Material (Metallic, Non-metallic), End-Use Industry - Global Forecast 2024-2030


The Electrical Conduit Market size was estimated at USD 9.17 billion in 2023 and expected to reach USD 9.70 billion in 2024, at a CAGR 5.85% to reach USD 13.66 billion by 2030.

An electrical conduit is a protective piping system used to house and protect electrical wires and cables commonly made of metal, such as steel or aluminum, or non-metallic materials, such as polyvinyl chloride (PVC). Electrical conduits are installed during the construction phase of buildings, both residential and commercial, as well as in industrial settings. The primary purpose of the electrical conduit is to provide a safe pathway for electrical wiring, protecting it from damage, moisture, and other environmental factors. By enclosing the wires, conduit helps prevent physical impact, exposure to corrosive substances, and potential electrical hazards. The rising demand for electrical conduits from the building & construction sector and the rapid extension of smart grid networks assist the adoption of electrical conduits. However, concern associated with the volatility of raw materials and difficulty in the installation process significantly impedes the utilization of electrical conduits. In addition, the expansion of electricity usage attributed to digitalization and emerging refurbishment and retrofit activities in grid infrastructure is expected to create robust opportunities for market development.

Regional Insights

The electrical conduits market in the Americas is rising, owing to the exponential integration of smart infrastructure technology and government initiatives to modernize energy infrastructure. The electrical conduit market in the EMEA region is rapidly evolving owing to the increasing construction activities and investments in new power generation structures. The regional players aim to provide more standardized and high-quality products to cater to multiple industries. Increasing R&D investments from major market participants to expand and enhance the product portfolio to incorporate a versatile technological platform is expected to expand the market growth. The Asia-Pacific region has observed a tremendous rise in the use of electrical conduits with the emerging development of smart cities and new government policies to elevate construction activities. Infrastructure development in China, Japan, India, and Australia has increased the demand for electrical conduits for marine works, buildings, traffic lighting, and other electrical works. The massive availability of essential raw materials and the majority presence of key market players for manufacturing electrical conduits have improved the availability of novel product portfolios in the Asian region.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Electrical Conduit Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Electrical Conduit Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Electrical Conduit Market, highlighting leading vendors and their innovative profiles. These include ABB Limited, Aliaxis SA, Anamet Electrical, Inc., Aptiv PLC, Astral Limited, Atkore Inc., B.E.C. Conduits Pvt. Ltd., Bahra Electric, Cantex Inc., China Lesso Group Holdings Limited, Eaton Corporation PLC, Electri-Flex Company, ERA Co.,Ltd, Esco Switchgears, G And N Fortune Limited, Ganauria Industries LLP, Goodluck India Limited, Guangdong Ctube Industry Co., Ltd., Hubbell Incorporated, IPEX Inc., Kaiphone Technology Co., Ltd., Lapp Group, Legrand S.A., Maruti Enterprise, Nan Ya Plastics Corporation, National Pipe & Plastics, Inc. by CRH PLC, Nucor Tubular Products Inc., Orbia Advance Corporation, S.A.B. de C.V., Polycab India Limited, Precision Plastic Industries Pvt. Ltd., Prime Conduit, Inc. by Mitsubishi Corporation, Prysmian S.p.A, Schneider Electric SE, Sekisui Chemical Co., Ltd., Sonepar Group, Southwire Company, LLC, United Power, Wienerberger AG, WISKA Hoppmann GmbH, and Zekelman Industries.

Market Segmentation & Coverage

This research report categorizes the Electrical Conduit Market to forecast the revenues and analyze trends in each of the following sub-markets:

Type
Flexible

Rigid
Material
Metallic
Aluminum
Stainless steel

Non-metallic
HDPE
PP
PVC
End-Use Industry
Building & Construction
Commercial
Residential

Energy & Utility

Healthcare

Industrial Manufacturing

IT & Telecommunication

Marine

Oil & Gas
Region
Americas
Argentina
Brazil
Canada
Mexico
United States
California
Florida
Illinois
New York
Ohio
Pennsylvania
Texas

Asia-Pacific
Australia
China
India
Indonesia
Japan
Malaysia
Philippines
Singapore
South Korea
Taiwan
Thailand
Vietnam

Europe, Middle East & Africa
Denmark
Egypt
Finland
France
Germany
Israel
Italy
Netherlands
Nigeria
Norway
Poland
Qatar
Russia
Saudi Arabia
South Africa
Spain
Sweden
Switzerland
Turkey
United Arab Emirates
United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Electrical Conduit Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Electrical Conduit Market?
3. What are the technology trends and regulatory frameworks in the Electrical Conduit Market?
4. What is the market share of the leading vendors in the Electrical Conduit Market?
5. Which modes and strategic moves are suitable for entering the Electrical Conduit Market?PDF E-mail From Publisher (2-5)Users License


1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders
2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update
3. Executive Summary
4. Market Overview
4.1. Introduction
4.2. Electrical Conduit Market, by Region
5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Safety need of electrical conduit while implementing electricity/power generation applications
5.1.1.2. Potential demand for electrical conduit from building & construction sector
5.1.2. Restraints
5.1.2.1. Concern associated with raw material volatility
5.1.3. Opportunities
5.1.3.1. Rapid extension of smart grid networks
5.1.3.2. Proliferation of electricity usage attributed to digitalization
5.1.4. Challenges
5.1.4.1. Difficulty in installation process coupled with hard to find defects in wiring
5.2. Market Segmentation Analysis
5.3. Market Trend Analysis
5.4. Cumulative Impact of High Inflation
5.5. Porter’s Five Forces Analysis
5.5.1. Threat of New Entrants
5.5.2. Threat of Substitutes
5.5.3. Bargaining Power of Customers
5.5.4. Bargaining Power of Suppliers
5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
6. Electrical Conduit Market, by Type
6.1. Introduction
6.2. Flexible
6.3. Rigid
7. Electrical Conduit Market, by Material
7.1. Introduction
7.2. Metallic
7.3.1. Aluminum
7.3.2. Stainless steel
7.3. Non-metallic
7.4.1. HDPE
7.4.2. PP
7.4.3. PVC
8. Electrical Conduit Market, by End-Use Industry
8.1. Introduction
8.2. Building & Construction
8.3.1. Commercial
8.3.2. Residential
8.3. Energy & Utility
8.4. Healthcare
8.5. Industrial Manufacturing
8.6. IT & Telecommunication
8.7. Marine
8.8. Oil & Gas
9. Americas Electrical Conduit Market
9.1. Introduction
9.2. Argentina
9.3. Brazil
9.4. Canada
9.5. Mexico
9.6. United States
10. Asia-Pacific Electrical Conduit Market
10.1. Introduction
10.2. Australia
10.3. China
10.4. India
10.5. Indonesia
10.6. Japan
10.7. Malaysia
10.8. Philippines
10.9. Singapore
10.10. South Korea
10.11. Taiwan
10.12. Thailand
10.13. Vietnam
11. Europe, Middle East & Africa Electrical Conduit Market
11.1. Introduction
11.2. Denmark
11.3. Egypt
11.4. Finland
11.5. France
11.6. Germany
11.7. Israel
11.8. Italy
11.9. Netherlands
11.10. Nigeria
11.11. Norway
11.12. Poland
11.13. Qatar
11.14. Russia
11.15. Saudi Arabia
11.16. South Africa
11.17. Spain
11.18. Sweden
11.19. Switzerland
11.20. Turkey
11.21. United Arab Emirates
11.22. United Kingdom
12. Competitive Landscape
12.1. FPNV Positioning Matrix
12.2. Market Share Analysis, By Key Player
12.3. Competitive Scenario Analysis, By Key Player
12.3.1. Merger & Acquisition
12.3.1.1. Hager Group Signs Agreement To Acquire Pmflex.
12.3.1.2. Atkore Inc. Announces Acquisition of Cascade Poly Pipe & Conduit and Northwest Polymers.
12.3.2. Agreement, Collaboration, & Partnership
12.3.2.1. ABB and Midwest Equipment Co. Extend Relationship in Kansas & Western Missouri.
12.3.2.2. Amphenol and ABB Alliance Keeps Global Transportation Moving.
12.3.3. New Product Launch & Enhancement
12.3.3.1. Marshall-Tufflex launches New Conduit Fittings.
12.3.3.2. Axwill Electrical's New Conduit Fittings Running To The Market.
12.3.3.3. HellermannTyton Announces the Launch of New UV-Resistant Conduit.
12.3.4. Investment & Funding
12.3.4.1. Grey Rock Forms Partnership With Conduit Power to Pursue Electrification Strategy.
12.3.5. Award, Recognition, & Expansion
12.3.5.1. Finolex Cables Expansion Plans To Meet Growing Demand For Solar, Automotive, And Construction Sectors.
13. Competitive Portfolio
13.1. Key Company Profiles
13.1.1. ABB Limited
13.1.2. Aliaxis SA
13.1.3. Anamet Electrical, Inc.
13.1.4. Aptiv PLC
13.1.5. Astral Limited
13.1.6. Atkore Inc.
13.1.7. B.E.C. Conduits Pvt. Ltd.
13.1.8. Bahra Electric
13.1.9. Cantex Inc.
13.1.10. China Lesso Group Holdings Limited
13.1.11. Eaton Corporation PLC
13.1.12. Electri-Flex Company
13.1.13. ERA Co.,Ltd
13.1.14. Esco Switchgears
13.1.15. G And N Fortune Limited
13.1.16. Ganauria Industries LLP
13.1.17. Goodluck India Limited
13.1.18. Guangdong Ctube Industry Co., Ltd.
13.1.19. Hubbell Incorporated
13.1.20. IPEX Inc.
13.1.21. Kaiphone Technology Co., Ltd.
13.1.22. Lapp Group
13.1.23. Legrand S.A.
13.1.24. Maruti Enterprise
13.1.25. Nan Ya Plastics Corporation
13.1.26. National Pipe & Plastics, Inc. by CRH PLC
13.1.27. Nucor Tubular Products Inc.
13.1.28. Orbia Advance Corporation, S.A.B. de C.V.
13.1.29. Polycab India Limited
13.1.30. Precision Plastic Industries Pvt. Ltd.
13.1.31. Prime Conduit, Inc. by Mitsubishi Corporation
13.1.32. Prysmian S.p.A
13.1.33. Schneider Electric SE
13.1.34. Sekisui Chemical Co., Ltd.
13.1.35. Sonepar Group
13.1.36. Southwire Company, LLC
13.1.37. United Power
13.1.38. Wienerberger AG
13.1.39. WISKA Hoppmann GmbH
13.1.40. Zekelman Industries
13.2. Key Product Portfolio
14. Appendix
14.1. Discussion Guide
14.2. License & Pricing
FIGURE 1. ELECTRICAL CONDUIT MARKET RESEARCH PROCESS
FIGURE 2. ELECTRICAL CONDUIT MARKET SIZE, 2023 VS 2030
FIGURE 3. ELECTRICAL CONDUIT MARKET SIZE, 2018-2030 (USD MILLION)
FIGURE 4. ELECTRICAL CONDUIT MARKET SIZE, BY REGION, 2023 VS 2030 (%)
FIGURE 5. ELECTRICAL CONDUIT MARKET SIZE, BY REGION, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 6. ELECTRICAL CONDUIT MARKET DYNAMICS
FIGURE 7. ELECTRICAL CONDUIT MARKET SIZE, BY TYPE, 2023 VS 2030 (%)
FIGURE 8. ELECTRICAL CONDUIT MARKET SIZE, BY TYPE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 9. ELECTRICAL CONDUIT MARKET SIZE, BY MATERIAL, 2023 VS 2030 (%)
FIGURE 10. ELECTRICAL CONDUIT MARKET SIZE, BY MATERIAL, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 11. ELECTRICAL CONDUIT MARKET SIZE, BY END-USE INDUSTRY, 2023 VS 2030 (%)
FIGURE 12. ELECTRICAL CONDUIT MARKET SIZE, BY END-USE INDUSTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 13. AMERICAS ELECTRICAL CONDUIT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 14. AMERICAS ELECTRICAL CONDUIT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 15. UNITED STATES ELECTRICAL CONDUIT MARKET SIZE, BY STATE, 2023 VS 2030 (%)
FIGURE 16. UNITED STATES ELECTRICAL CONDUIT MARKET SIZE, BY STATE, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 17. ASIA-PACIFIC ELECTRICAL CONDUIT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 18. ASIA-PACIFIC ELECTRICAL CONDUIT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 19. EUROPE, MIDDLE EAST & AFRICA ELECTRICAL CONDUIT MARKET SIZE, BY COUNTRY, 2023 VS 2030 (%)
FIGURE 20. EUROPE, MIDDLE EAST & AFRICA ELECTRICAL CONDUIT MARKET SIZE, BY COUNTRY, 2023 VS 2024 VS 2030 (USD MILLION)
FIGURE 21. ELECTRICAL CONDUIT MARKET, FPNV POSITIONING MATRIX, 2023
FIGURE 22. ELECTRICAL CONDUIT MARKET SHARE, BY KEY PLAYER, 2023

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