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Asia Pacific Flexible Metallic Conduit Market Trends

Report ID: GMI9809
Published Date: Jun 2024
Report Format: PDF

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Asia Pacific Flexible Metallic Conduit Market Trends

In the Asia Pacific region, the flexible metallic conduit market is witnessing several notable trends. Rapid urbanization, particularly in emerging economies like China and India, is fueling demand for flexible metallic conduits for electrical installations in construction projects. Moreover, the increasing adoption of automation across diverse industries is driving the need for advanced wiring solutions, further boosting market growth. Additionally, the shift towards renewable energy sources is creating opportunities for conduit manufacturers, as efficient power transmission infrastructure becomes imperative. Technological advancements in conduit materials, including fire and corrosion-resistant variants, are enhancing their appeal in various applications, shaping the market's trajectory in the region.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

Asia Pacific market for flexible metallic conduit was reached USD 203.5 million in 2023 and is anticipated to register 7.3% CAGR between 2024 to 2032, owing to increased awareness about workplace safety requirements, improvements in technology, and expenditures in infrastructure.

Asia Pacific flexible metallic conduit industry from the 2 ½ to 3 inches segment will record USD 110 million by 2032, due to their optimal flexibility, strength, affordability, and rising adoption in automation and industrial technologies for robust electrical connections.

China flexible metallic conduit industry size may exceed USD 90 million by 2032, owing to rapid industrialization, manufacturing expansion, and investments in technological advancements and infrastructure modernization.

Atkore, ABB, B.E.C. Conduits Pvt. Ltd., Electri-Flex Company, FURUKAWA ELECTRIC CO., LTD., Hubbell, Hellermann Tyton, Kaiphone Technology Co. Ltd. and Legrand, among others.