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Commercial Metal Electrical Conduit Market Size, By Trade Size, Configuration Analysis & Forecast, 2024 - 2032

  • Report ID: GMI11442
  • Published Date: Sep 2024
  • Report Format: PDF

Commercial Metal Electrical Conduit Market Size

The global commercial metal electrical conduit market size was valued at USD 642.4 million in 2023 and is estimated to grow at a CAGR of 6.1% through 2032. Key drivers of this growth include a heightened demand for durable and fire-resistant wiring solutions in commercial buildings, an expansion in infrastructure projects, and an increasing emphasis on safety standards in electrical installations.
 

commercial metal electrical conduit market

For instance, according to the U.S. Department of Energy, investments in energy infrastructure are expected to increase by 20% over the next decade. Furthermore, innovations in conduit materials and installation techniques, coupled with urbanization and industrialization trends, bolster the market's optimistic trajectory.
 

Additional drivers for the commercial metal electrical conduit market include stringent government regulations promoting energy efficiency and safety, the rapid growth of the construction industry, especially in emerging economies, and increasing investments in smart grid infrastructure. The rise in renewable energy projects and the demand for corrosion-resistant conduits in harsh environments also contribute to market expansion.
 

Commercial Metal Electrical Conduit Market Trends

The market is experiencing notable trends, driven by advancements in construction, infrastructure, and safety regulations. One key trend is the growing adoption of corrosion-resistant conduits, particularly galvanized steel and Aluminum, for enhanced durability in harsh environments. The rise in green building initiatives and smart grid infrastructure is also increasing demand for energy-efficient and sustainable wiring solutions.
 

Additionally, the expansion of data centers, coupled with the growing use of automation and industrial IoT in commercial spaces, is boosting the need for reliable electrical conduits. The market is further influenced by an increasing emphasis on fire safety standards and regulatory requirements, prompting the use of metal conduits for secure, long-lasting electrical installations in commercial and industrial projects.
 

Commercial Metal Electrical Conduit Market Analysis

Commercial Metal Electrical Conduit Market, By Configuration, 2022 – 2032  (USD Million)

The market for rigid metal conduits (RMCs) in the commercial sector is projected to surpass USD 167.6 million by 2032. This growth is fuelled by the distinct advantages RMCs offer, including superior strength, durability, and resistance to impact and corrosion, making them ideal for harsh environments. RMCs provide excellent protection for electrical wiring in commercial buildings, enhancing safety and reducing the risk of electrical fires. Their ability to withstand extreme temperatures and mechanical damage makes them a preferred choice for high-traffic and industrial areas. Additionally, the growing focus on stringent safety codes and long-term cost-efficiency in commercial construction is driving increased adoption of RMCs for secure and reliable electrical installations.
 

Commercial Metal Electrical Conduit Market Share, By Trade Size, 2023

The commercial metal electrical conduit market for 2 ½ to 3-inch trade sizes is expected to grow at a CAGR of over 5% by 2032. This growth is driven by rising demand for larger conduit sizes to accommodate increased wiring needs in modern commercial buildings. As electrical systems in commercial spaces become more complex with the integration of advanced technologies, larger conduits offer better protection and ease of installation for multiple wiring applications. Additionally, the expansion of data centers, industrial automation, and high-tech facilities is boosting the use of larger trade size conduits, which provide enhanced durability, protection, and fire safety. Growing investments in infrastructure and adherence to strict safety codes are further accelerating the adoption of these conduit sizes.
 

Asia Pacific Commercial Metal Electrical Conduit Market, 2022 – 2032 (USD Million)

The Asia-Pacific commercial metal electrical conduit market is set to exceed USD 530 million by 2032. This growth is fuelled by rapid urbanization, infrastructure development, and heightened construction activities throughout the region. For example, the Asian Development Bank estimates that infrastructure investments in Asia are expected to total USD 1.7 trillion annually through 2030. Investments are surging in commercial buildings, data centers, and smart cities, amplifying the demand for dependable and durable electrical conduit systems.
 

As the region increasingly prioritizes safety regulations and fire-resistant materials, the adoption of metal conduits in commercial settings sees a notable uptick. Furthermore, with industrialization on the rise and the integration of cutting-edge technologies like automation and IoT, there's a pressing need for a robust electrical infrastructure, bolstering the market's expansion.
 

The U.S. commercial metal electrical conduit market is driven by increasing investments in commercial construction, heightened focus on fire safety regulations, and the demand for durable, impact-resistant conduit systems. The rise of smart buildings, expansion of data centers, and infrastructure modernization projects further accelerate market growth. Additionally, advancements in metal conduit materials offering enhanced corrosion resistance and sustainability are playing a crucial role in boosting the market's expansion.
 

Commercial Metal Electrical Conduit Market Share

Commercial Metal Electrical Conduit Market Company Share Analysis, 2023

The market is witnessing steady growth, with Atkore holding a significant market share due to its extensive product portfolio and strong distribution network. Atkore's focus on durable, high-performance conduit systems, coupled with its commitment to innovation and meeting strict safety standards, positions the company as a leading player in driving market expansion across commercial applications.
 

Commercial Metal Electrical Conduit Companies

Some of the key market players operating across the commercial metal electrical conduit industry are:

  • American Conduit
  • Atkore
  • Anamet Electrical
  • B.E.C. Conduits
  • Flexa
  • Gibson Stainless & Specialty
  • HellermannTyton
  • Legrand
  • Nucor Tubular Products
  • Schneider Electric
  • Techno Flex
  • Weifang East Steel Pipe
  • Zekelman Industries
     

Commercial Metal Electrical Conduit Industry News:

  • In August 2022, Atkore announced its acquisition of Cascade Poly Pipe & Conduit and Northwest Polymers in a strategic move to expand its product offerings and recycling capabilities. Cascade Poly Pipe & Conduit specializes in manufacturing high-density polyethylene (HDPE) conduits used in telecommunications, power utility, and renewables applications. Northwest Polymers is a leading recycler of industrial plastic scrap, enhancing Atkore's sustainability efforts. These acquisitions strengthen Atkore’s leadership in the conduit and recycling industries while aligning with its growth strategy, enabling the company to better serve its customers with comprehensive solutions and sustainable products across multiple markets.
     

Commercial metal electrical conduit market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 to 2032, for the following segments:

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Market, By Trade Size, 2021 – 2032 (USD Million)

  • ½ to 1
  • 1 ¼ to 2
  • 2 ½ to 3
  • 3 to 4
  • 5 to 6
  • Others

Market, By Configuration, 2021 – 2032 (USD Million)

  • Rigid Metal (RMC)
  • Galvanized Rigid (GRC)
  • Intermediate Metal (IMC)
  • Electrical Metal Tubing (EMT)

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
    • Mexico
  • Europe
    • France
    • Germany
    • Italy
    • UK
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • Qatar
    • South Africa
  • Latin America
    • Brazil
    • Argentina
Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The commercial metal electrical conduit industry was valued at USD 642.4 million in 2023 and will record a 6.1% CAGR over 2024-2032, fueled by a heightened demand for durable and fire-resistant wiring solutions in commercial buildings.

The 2 ½ to 3-inch commercial metal electrical conduits segment will exhibit a CAGR of over 5% through 2032, driven by rising demand for larger conduit sizes to accommodate increased wiring needs in modern commercial buildings.

Asia Pacific commercial metal electrical conduit industry is set to exceed USD 530 million by 2032, spurred by rapid urbanization, infrastructure development, and heightened construction activities.

Legrand, Nucor Tubular Products, Schneider Electric, Techno Flex, Weifang East Steel Pipe, and Zekelman Industries, among others.

Commercial Metal Electrical Conduit Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 10
  • Countries covered: 19
  • Pages: 70
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