North America Wiring Duct Market Size, Share & Trends Analysis Report By Product (Slotted Wiring Duct, Solid-wall Wiring Duct), By End-use (Telecommunication, Construction), By Region And Segment Forecasts, 2022 - 2030

North America Wiring Duct Market Size, Share & Trends Analysis Report By Product (Slotted Wiring Duct, Solid-wall Wiring Duct), By End-use (Telecommunication, Construction), By Region And Segment Forecasts, 2022 - 2030

North America Wiring Duct Market Growth & Trends

The North America wiring duct market size is expected to reach USD 140.0 million by 2030, expanding at a CAGR of 3.9% over the forecast period, according to a new report by Grand View Research, Inc. This growth can be attributed to rising telecommunication, manufacturing, and energy & power application activities in North America. In addition, wiring duct products help in increasing durability and enabling easy and low maintenance of wires as compared to other cable management tools. The adoption of automation tools in various industries across North America is further expected to fuel the market demand in the region.

The increasing demand for manufactured goods in North America leads to enhanced operations of the manufacturing industry in the region, which, ultimately fuels the demand for cables connecting the different types of machinery in manufacturing facilities. Thus, the growing manufacturing industry is one of the major drivers for the growing demand in the North America wiring duct industry.

Several manufacturers are adopting forward integration with the help of distributors/suppliers and representatives to sell their products directly to end-users. For instance, IBOCO and Electriduct are the key manufacturers and suppliers of wiring ducts in the market in North America that have forward-integrated operations.

Based on product, the slotted wiring duct segment accounted for the largest revenue share in the North American market owing to its ability to efficiently allow the wires to be directed in and out of the duct. Additionally, its growing use in data centers in telecommunications and IT operations around North America is further expected to ascend the market for slotted wiring ducts.

Players in the North America wiring duct industry mainly compete with each other based on the quality, costs, and advancements in their products, along with customer services offered by them. The leading companies are focused on developing new strategies to cater to the increasing market demand in the region1. For instance, U.S.-based wiring duct manufacturer, Electriduct offers open-slot and solid-wall wiring ducts at lucrative prices to its end-users to increase its market share and enhance its branding.

The easy availability of the wiring duct with different dimensions, colors, materials, and sizes to cater to the specific requirements of end-users also fuels the growth of the market in North America. The production of standard dimensional structures of the product and the easy availability of their customized designs for use in construction, automotive, and marine applications also fuel the growth of the wiring duct market in North America.

North America Wiring Duct Market Report Highlights

• The slotted wiring duct product segment is expected to witness a CAGR of 3.7% from 2022 to 2030. This is attributed to its precise harnessing properties and rising demand from industries like telecommunication, manufacturing, and construction industries
• The market demand was hampered owing to the global outbreak of the COVID-19 pandemic in 2020. The post-pandemic recovery of the market along with rising industrialization and urbanization would likely increase the demand for wiring ducts in North America
• Manufacturing application dominated the market in 2021 and is expected to reach USD 52.5 million by 2030, owing to manufacturing owners increasing their production levels and fully automating the production processes using wiring ducts
• Prominent players have been using a variety of business strategies, such as collaborations with distributors and representatives, offering products with discounts, mergers & acquisitions, and application development, to stay competitive in the regional market