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Electrical Conduit Market Size - By Trade Size, By Classification, By Application, By End Use, Analysis, Share, & Forecast, 2025 - 2034

  • Report ID: GMI2551
  • Published Date: Dec 2024
  • Report Format: PDF

Electrical Conduit Market Size

The global electrical conduit market was valued at USD 11 billion in 2024 and is estimated to grow at a CAGR 6.9% from 2025 to 2034, driven by the expansion of renewable energy projects, smart grid installations, and industrial automation. Additionally, urbanization and the rise in residential and commercial construction projects are fueling market growth. Moreover, regulatory standards related to safety and environmental concerns are pushing manufacturers to innovate and meet stringent requirements. However, supply chain disruptions and fluctuating raw material prices can impact market stability.
 

Electrical Conduit Market

Shifting trend towards more durable, fire-resistant, and environmentally friendly materials, including PVC and galvanized steel, is also shaping market trends. For instance, in May 2024, Atkore released Environmental Product Declarations for its Galvanized Steel, Stainless Steel, and PVC Conduit & Fittings. It will evaluate the environmental impact of the products, including energy use, greenhouse gas emissions, and waste generation, offering customers greater transparency into their sustainability.
 

Electrical Conduit Market Trends

The electrical conduit industry is experiencing significant growth driven by several key factors. Demand for sustainable and eco-friendly materials is rising, with products like recycled PVC and aluminum gaining popularity due to their environmental benefits. Additionally, increased adoption of smart infrastructure, such as smart grids and renewable energy systems, is driving the need for more advanced conduit solutions. Moreover, innovations in flexible and lightweight conduit materials are meeting the demand for easy installation and maintenance. Companies are also focusing on expanding their distribution networks and enhancing product offerings to meet evolving customer requirements.
 

Electrical Conduit Market Analysis

Electrical Conduit Market Size, By Classification, 2022 - 2034 (USD Billion)

The non-metal classification segment is projected to surpass USD 7.5 billion by 2034, driven by the increasing demand for specific types of conduits suited for various applications. Flexible conduits are in demand for their ease of installation in tight spaces, particularly in residential and light commercial sectors. Liquid-tight conduits are becoming more popular in environments exposed to moisture or harsh conditions, including outdoor or industrial settings. As industries focus on safety and compliance, demand for specialized conduits that offer fire resistance, corrosion resistance, and weatherproofing is rising.
 

Electrical Conduit Market Revenue Share, By Application, 2024

The energy sector is expected to register at a CAGR of 5.5% through 2034, driven by the expansion of renewable energy projects, grid modernization, and power transmission infrastructure. Rise of solar, wind, and energy storage systems is increasing demand for fire-resistant, corrosion-resistant, and weatherproof conduits, especially for high-voltage applications in harsh environments. Additionally, as energy grids become smarter and more interconnected, there is a growing need for conduits that can accommodate complex wiring systems. The shift toward sustainable energy solutions is also fostering the use of eco-friendly conduit materials, further driving innovation and growth in the energy sector's conduit market.
 

U.S. Electrical Conduit Market Size, 2022 - 2034, (USD Billion)

The U.S. Electrical Conduit market is projected to exceed USD 2.9 billion by 2034, driven by increased construction activities, infrastructure upgrades, and the rise of renewable energy projects. The U.S. is focusing heavily on infrastructure modernization, including smart grid and electric vehicle charging stations, which further boosts the need for reliable conduits. For instance, the U.S. Department of Energy reports that in 2023, there were 161,562 public EV charging ports across the country, indicating significant potential for conduit usage. Additionally, stricter safety regulations and compliance standards are pushing manufacturers to innovate with advanced conduit solutions that meet the latest industry requirements.
 

In the Asia Pacific region, rapid urbanization, infrastructure development, and industrialization are driving market growth. Increased demand for energy-efficient and safe electrical systems in construction, manufacturing, and energy sectors is fueling the adoption of advanced conduit solutions. The rise of renewable energy projects and smart grid installations further contributes to market expansion in the region.
 

Electrical Conduit Market Share

Electrical Conduit Company Market Share Analysis, 2024

In the electrical conduit industry, Atkore holds one of the largest market shares. The company’s strong position is attributed to its comprehensive product portfolio, which includes steel, PVC, and flexible conduits. Atkore’s extensive distribution network, focus on innovation, and strategic acquisitions enhance its market presence. Additionally, its robust relationships with contractors and construction firms contribute to its leading role in the electrical conduit industry.
 

Electrical Conduit Market Companies

Major players operating in the electrical conduit industry are:

  • ABB
  • ASTRAL
  • Anamet Electrical
  • Atkore
  • CANTEX
  • Champion Fiberglass
  • Electri-Flex
  • HellermannTyton
  • Hubbell
  • Legrand
  • Schneider Electric
  • Wienerberger
  • Zekelman Industries
     

Electrical Conduit Industry News

  • In May 2024, ABB opened a USD 20.9 million injection molding plant in Evergem, Belgium, to meet the growing demand for sustainable electrification solutions. The facility features advanced molding machines, digital technologies, and automation to improve energy efficiency. It will produce power distribution enclosure that house components such as circuit breakers, fuses, switches, and meters, ensuring safe electricity distribution and control in residential, commercial, and industrial buildings.
     
  • In May 2024, ABB and Niedax Group launched a joint venture, ABNEX Inc., to meet the increasing demand for cable tray systems in North America. This partnership combines ABB's automation expertise and Niedax's knowledge of cable management systems, aiming to provide innovative, high-quality solutions to the region's growing infrastructure projects. The venture will enhance production capabilities, focusing on energy-efficient solutions and improved safety standards.
     

This electrical conduit market research report includes in-depth coverage of the industry with estimates & forecast in terms of “USD Million” from 2021 to 2034, for the following segments:

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Market, By Trade Size

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

Market, By Classification

  • Metal
    • Rigid Metal (RMC)
    • Galvanized Rigid (GRC)
    • Intermediate Metal (IMC)
    • Electrical Metal Tubing (EMT)
  • Non-metal
    • PVC
    • Reinforced Thermosetting Resin (RTRC/FRE)
    • Rigid Non-Metallic (RNC)
    • Electrical Non-Metallic Tubing (ENT)
  • Flexible
    • Flexible Metallic (FMC)
    • Liquid-Tight Flexible Metal (LFMC)
    • Flexible Metallic Tubing (FMT)
    • Liquid-Tight Flexible Non-Metallic (LFNC)
    • Underground
  • Others

Market, By Application

  • Rail infrastructure
  • Manufacturing facilities
  • Shipbuilding & offshore facilities
  • Process plants
  • Energy
  • Others

Market, By End Use

  • Residential
  • Commercial
  • Industrial
  • Utility

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 market size of electrical conduit was valued at USD 10 billion in 2023 and will reach over USD 19.9 billion by 2032, propelled by increasing concerns related to electrical supply faults, fire hazards, health risks, and operational safety.

Non metal conduit units are expected to grow at over 8% CAGR from 2023 to 2032 on account of their versatility and wide range of applications in electricity distribution networks, ranging from small residential electrical networks to large utility-assisted distribution infrastructure.

The energy application segment of electrical conduit industry is poised to grow at a 7% CAGR through 2032 owing to the growing emphasis on renewable energy sources, increasing demand for electricity, and the modernization and upgrade of existing energy infrastructure.

Asia Pacific electrical conduit market is slated to expand at more than 8.5% CAGR over 2023-2032 on account of several factors such as population growth, urbanization, and government initiatives to promote infrastructure development.

The global market for electrical conduit was reached USD 11 billion in 2024 and is estimated to grow at a 6.9% CAGR from 2025 to 2034, driven by the expansion of renewable energy projects and smart grid installations.

The non-metal classification of the electrical conduit market is projected to surpass USD 7.5 billion by 2034, due to the increasing demand for specific types of conduits suited for various applications.

The electrical conduit market in the energy sector is expected to experience a robust growth rate, with a CAGR exceeding 5.5% through 2034, led by the expansion of renewable energy projects and grid modernization.

The U.S. electrical conduit market is projected to exceed USD 2.9 billion by 2034, propelled by increased construction activities, infrastructure upgrades, and the rise of renewable energy projects.

Key players in the electrical conduit industry include ABB, ASTRAL, Anamet Electrical, Atkore, CANTEX, Champion Fiberglass, Electri-Flex, HellermannTyton, Hubbell, Legrand, Schneider Electric, Wienerberger, and Zekelman Industries.

Electrical Conduit Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 13
  • Tables & Figures: 20
  • Countries covered: 19
  • Pages: 100
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