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The trade sizes ranging from 2 ½ to 3 inches, the flexible metallic conduit market is poised to exceed USD 110 million by 2032. These sizes offer an optimal blend of flexibility and strength, catering to diverse industrial needs. Widely utilized in standard electrical setups, they boast competitive pricing, appealing to budget-conscious consumers while ensuring quality and efficiency. Moreover, the escalating adoption of automation and industrial technologies further fuels the demand for flexible metallic conduits, necessitating robust electrical connections.
Asia Pacific flexible metallic conduit market is projected to expand about 6.5% CAGR through 2032. These conduits offer superior protection for electrical wirings, cables, and other sensitive components against harsh environmental conditions, mechanical stress, and electromagnetic interference prevalent in industrial settings. Moreover, the growing emphasis on safety standards and regulations further propels the implementation of flexible metallic conduits in industrial facilities, ensuring reliable and secure electrical installations. As industrial infrastructures continue to modernize and expand in the Asia Pacific region, the flexible metallic conduit market is poised for sustained growth in the foreseeable future.
The China flexible metallic conduit market is projected to surpass USD 90 million by 2032. China's rapid industrialization, coupled with the continuous expansion of its manufacturing sector, is driving the demand for flexible metallic conduits across various applications. as China continues to prioritize technological advancements and infrastructure development, the market for flexible metallic conduits is expected to witness sustained growth, supported by investments in modernizing industrial facilities and upgrading electrical systems nationwide.
Ongoing innovations by major players operating in the industry will further drive the product penetration. In September 2021, ABB Installation Products unveiled novel conduit and cable support solutions tailored for the international rail transport industry, aiming to elevate operational efficiency and safety standards throughout rail networks worldwide, thus propelling the product demand across the nation.