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Global Electrical Conduit Market Outlook to 2029

Market Research Reports | 2024 Edition | Report ID: BQ01657
Global Electrical Conduit Market Outlook to 2029

Report Description

An electrical conduit is a tube-shaped device that protects and aligns a building's or structure's electrical wiring. According to BlueQuark Research & Consulting, the global Electrical Conduit market is expected to witness a significant growth rate during the forecasted period. Factors such as the rising demand for electricity or power generation are expected to drive the electric conduit market in the forecasted period. Further, the growing demand for electrical conduits that ensures the routing of electric wires around a building or any premise is expected to drive the electric conduit market in the forecasted period. Furthermore, the wire and cable industry analysis identifies the growth in renewable power generation. This is awaited to be one of the primary factors in developing the electric cable and wire market. This factor is expected to boost the growth of the cable conduit market. However, problems regarding the high installation cost of the cable conduit system and the increase in prices of non-metallic raw materials hamper the Electrical Conduit market in the forecasted period.

The rise in electricity or power generation demand is expected to propel the electric conduit market. The increase in demand for electricity generation is caused by fast-moving industrialization and urbanization, which creates the need for electrical conduits. The electrical conduit market includes sales of electric pipes by entities (sole proprietors, organizations, and partnerships), which mention tubes in which electrical wires are housed for various building or structural applications. It preserves and routes electrical wiring in a building or structure. An electrical conduit secures wires from damage from the outside environment for a long time and gives them a good passage. Population growth has increased the need for construction and infrastructure development activities, including commercial and residential buildings. Such development has increased the demand for power generation, transmission, and distribution of materials and accessories. The electrical conduit comprises different materials such as plastic, metal, etc., and is available in rigid and flexible formats. Tubes protect the wiring system from temperature, moisture, chemical vapors, electromagnetic interference, and others in damp and hazardous locations. An electrical conduit can also be used for underground electrical wiring purposes. Growing demand for a highly secure and safe wiring system is one of the major driving factors for the growth of the electrical conduit market. Emerging trends toward the cable-in conduit system and increased use of plastic conduits in commercial and residential buildings are also triggering the growth of the electrical conduit market. Moreover, the rising use of plastic conduits over metallic pipes due to their flexibility and low cost is positively impacting the development of the global market.

Asia Pacific is expected to be the highest-growing market for electrical conduits globally during the forecasted period. A significant consumer base, low labor costs, surging urban population, and easy availability of raw materials attract international companies to shift their manufacturing facilities to the region, thus creating a high demand for electrical conduits in these industries. The increase in the need for electrical conduit can be primarily attributed to the growing infrastructure and building & construction industries. The demand for electrical lines is rising rapidly in the region due to the high infrastructural sector demand. Electrical conduits are used more frequently to combat fires, supply failures, and other operational dangers. Pipes are highly corrosion-resistant, water-resistant, non-combustible, and fire-resistant. A conduit is a pipe or tube that allows fluids or electrical wires to pass. The materials running through these channels are protected and routed through these pipes. Plastic conduit are utilized in various industries, including construction, manufacturing, telecommunications, and agriculture. Plastic tubes can now flow chemicals and other fluids that would corrode any other material used to manufacture conduits, thanks to recent advancements in the production process. Metals, polymerstextiles, and burnt clays are used to create them. However, flexible conduits are occasionally utilized in residential and commercial constructions. Rapid industrialization in developing nations is predicted to enhance demand for electrical pipes due to rising investments, raw material prices, and low-cost labor. Manufacturing, commercial, and industrial developments in the region have contributed to the global electrical conduits market's overall expansion. The demand for electrical conduit pipes is rising due to increased demand from the construction, IT & Telecommunication, manufacturing, and oil & gas industries, as well as government initiatives in countries like Japan and India. Furthermore, the electrical conduits market will likely benefit from the growing demand for manufacturing products. Furthermore, the electrical conduits market will likely benefit from the ever increasing demand for manufacturing products.

The market's key players are ABB GroupAli Axis GroupAtkore International Group, Inc., Cantex, Inc ., and Champion Fiberglass, Inc.

In December 2021, Atkore announced the acquisition of Four-Star Industries, manufacturer of ½" – 6" High-Density Polyethylene (HDPE) conduit, which will cater to telecommunications, utility, infrastructure, and datacom markets.

In October 2020, the Wienerberger group expanded by taking the lead in electrical installation and has been installed in large construction projects.

The Global Electrical Conduit Market report provides deep insight into the market's current and future state across various regions. The study comprehensively analyses the market by segmenting it based on Product (Metallic Conduit and Non-Metallic Conduit), Type (Rigid metal Conduit and Flexible metal Conduit), End-user (Residential, Commercial, and Industrial), and geography (Asia-Pacific, North America, Europe, South America, and the Middle East and Africa). The report examines the market drivers and restraints and the impact of COVID-19 on market growth in detail. The research examines emerging market trends, developments, opportunities, and challenges in the industry. This report also covers extensively researched sections on the competitive landscape with prominent companies and profiles, including their market shares and projects.

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  Table of Contents

 

  This report helps to:-

  • Gain a deeper understanding of the impact of coronavirus on the Global Electrical Conduit market.
  • Equip yourself with rigorous analysis and forward-looking insight into the Electrical Conduit market across various regions.
  • Evaluate the attractiveness and state of competition in the industry to identify opportunities and develop a strategy.
  • Gain an understanding of uncertainty and discover how the most influential growth drivers and restraints in the regions will impact market development.
  • Assess market data and forecasts to understand how the demand for the Electrical Conduit evolve over the next five years across various regions.
  • Gain a comprehensive view of the emerging market trends and developments to assess market opportunities.
  • Be better informed of your competition by gaining access to detailed information and analysis of key industry players.

  Tables and charts

Global Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

North America Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

United States Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

Canada Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

Mexico Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

Europe Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

Other Supporting Charts

United Kingdom Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

Germany Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

Italy Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

France Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

Spain Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

Rest of Europe Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

South America Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

Brazil Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

Argentina Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

Rest of South America Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

Asia-Pacific Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

China Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

India Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

Japan Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

South Korea Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

ASEAN Countries Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

Rest of Asia-Pacific Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

Middle East & Africa Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

Saudi Arabia Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

South Africa Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

Rest of Middle-East & Africa Electrical Conduit Market Size, Market Growth & Market Forecast Value(USD million), 2017-2027

  Who need this report?

  • Construction Companies
  • Pipes Manufacturers
  • Plastic Manuacturers Companies
  • Agriculture Companies
  • Suppliers, distributors of Electrical Conduit
  • Government Bodies and Industry Associations
  • Investor Community
  • Financing Companies
  • Others

  What's included

Report - Global Electrical Conduit Market Outlook to 2027.pdf
Market Data - Global Electrical Conduit Market Outlook to 2027.xls

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