Home > Energy & Power > Wire and Cable > Power Cable > Commercial Scale Non-Metal Electrical Conduit Market

Commercial Scale Non-Metal Electrical Conduit Market Analysis

  • Report ID: GMI10821
  • Published Date: Aug 2024
  • Report Format: PDF

Commercial Scale Non-Metal Electrical Conduit Market Analysis

The market for 2 ½ to 3 trade-sized commercial scale non-metal electrical conduits is poised to exceed USD 400 million by 2032, driven by the rising commercial real estate development, including office buildings, retail spaces, and educational institutions, is fuelling demand for larger conduit sizes that accommodate complex electrical systems. Additionally, the push for enhanced safety standards and energy efficiency in commercial buildings is driving the preference for non-metallic conduits, which offer superior resistance to fire and environmental damage. The growing trend towards integrated building management systems and smart infrastructure also necessitates the use of larger conduits to manage extensive cabling and connectivity requirements efficiently.
 

Commercial Scale Non Metal Electrical Conduit Market Share, By Configuration, 2023

The market for commercial scale non-metal electrical conduits from PVC configuration is projected to witness about 7.5% CAGR through 2032. PVC conduits are favoured for their excellent resistance to corrosion, chemicals, and moisture, making them ideal for various commercial applications, including offices, malls, and industrial facilities. Their lightweight nature facilitates easier handling and installation, reducing labor costs and installation time.
 

Additionally, PVC's cost-effectiveness compared to metal alternatives and its inherent electrical insulation properties contribute to its growing adoption. As commercial buildings increasingly incorporate advanced electrical systems and demand greater durability and safety, PVC conduits are becoming a preferred choice for their long-term reliability and performance.
 

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

Asia-Pacific commercial scale non-metal electrical conduit market is projected to exceed USD 800 million by 2032, driven by rapid urbanization and industrialization across the region. The expansion of commercial infrastructure, including office complexes, shopping centers, and educational institutions, boosts demand for non-metallic conduits. Additionally, increasing investments in smart building technologies and sustainable construction practices favour the use of non-metal conduits due to their durability and environmental benefits. Regulatory improvements mandating higher safety standards and fire resistance also contribute to the growing preference for non-metallic options in commercial electrical installations.
 

The U.S. commercial scale non-metal electrical conduit market is driven by rising commercial construction projects, increased demand for sustainable building materials, and stringent safety regulations. The growing adoption of smart technologies and energy-efficient systems in commercial spaces further boosts the need for durable, non-metallic conduits. Additionally, the cost-effectiveness and ease of installation of non-metallic conduits contribute to market growth.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of commercial scale non-metal electrical conduit was worth over USD 800 million in 2023 and is anticipated to witness 8.4% CAGR from 2024 to 2032, due to the expanded adoption of non-metallic conduits due to their superior properties such as corrosion resistance, flexibility, and cost-effectiveness in diverse commercial applications.

The commercial scale non-metal electrical conduit market share from PVC configuration segment will expand at nearly 7.5% CAGR through 2032, with its durability, low cost, ease of installation, flame resistance and high dielectric strength, making them a preferred choice in commercial projects.

The APAC commercial scale non-metal electrical conduit market is projected to reach USD 800 million by 2032, with rapid industrialization, urbanization, and infrastructure development in countries such as China, India, and Southeast Asian nations.

Major players in the industry include Atkore International Group Inc., Schneider Electric SE, ABB Ltd., Champion Fiberglass, Inc., Guangdong Ctube Industry Co., Ltd., among others. These companies leverage strategic initiatives such as mergers and acquisitions, expansive R&D activities, and innovative products to maintain their competitive edge.

Commercial Scale Non-Metal Electrical Conduit Market Scope

Buy Now


Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 10
  • Countries covered: 19
  • Pages: 100
 Download Free Sample