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

Report ID: GMI2551
   |
Published Date: December 2024
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Report Format: PDF

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Electrical Conduit Market Size

The global electrical conduit market size was valued at USD 11 billion in 2024 and is estimated to grow at a CAGR 6.9% from 2025 to 2034. The renewable energy projects, smart grids implementation, and industrial automation technologies implementation are leading to the market growth. Additionally, the increasing level of urbanization alongside the growing number of commercial and residential buildings enhances the market. Furthermore, safety regulations and environmental concerns are compelling the manufacturers to go up the technological ladder and comply with strict standards. However, instability in the supply chain and the variation in the costs of raw materials retained could distort the market.
 

Electrical Conduit Market

Moreover, a shift towards fireproof, PVC and galvanized steel environmentally friendly products is changing market propensities. For example, Atkore issued Environmental Product Declarations for its Galvanized steel, Stainless steel and PVC Conduit & Fittings in May 2024. It was designed to be specific to demonstrate how sustainable development initiatives are embedded in the philosophy of product development by measuring energy consumption, impact on greenhouse gas emissions and waste generation.

Electrical Conduit Market Trends

The market for electrical conduits is witnessing substantial expansion as a result of several driving factors. Demand for sustainable and eco-friendly materials is increasing, especially for products such as recycled PVC and aluminum due to the benefits to the environment. Furthermore, there has been a growing demand for more advanced conduit solutions owing to more smart infrastructure such as smart grids and renewable energy systems. Additionally, the demand for easy installation and low maintenance conduits with new innovations in conduit materials that are flexible, and lightweight is rising. Companies are also trying to enhance their product line-up as well as expand their distribution networks to stay up to date with customer requirements.
 

Electrical Conduit Market Analysis

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

The non-metal conduits in electrical conduit industry is expected to exceed USD 7.5 billion by 2034, as there is a robust demand for specific types of conduits which suit the intended use. Flexible conduits are popular since they can be installed in confined areas in homes and light commercial structures. Liquid-tight conduits are also gaining popularity in wet and adverse environments such as outdoors or industrial areas. Moreover, there is an increasing demand for specialized conduits that withstand fire, corrosion and changing weather due to safety and compliance.
 

Electrical Conduit Market Revenue Share, By Application, 2024

The electrical conduit market from energy sector applications is anticipated to grow at a growth rate of more than 5.5% CAGR through 2034, as a result of the surge in the renewable energy sector, grid expansion and power transmission construction activities. As demand for solar, wind and energy storage systems is increasing, the requirements for the conduits are changing specifically for high voltage use and in extreme environments where the conduits need to be weatherproof, fire resistant and corrosion resistant.

 

Furthermore, with the energy grids becoming smarter and more integrated, there is a higher requirement for conduits that can support complicated wiring networks. Similarly, the growing focus towards energy efficient solutions also gives rise to the demand for environmentally friendly conduit materials which further enhances the research in the energy sector conduit industry.

 

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

The U.S electrical conduit market is expected to reach USD 2.9 billion by 2034, driven by an expansion in construction, infrastructure development and an increase in renewable energy undertakings. The government investment towards upgradation in the grid modernization and building EV chargers is raising the demand for these conduits. According to the U.S. Department of Energy in the year 2023, there were electrically connected vehicles public charging ports in the US alone which correlates to the rise in electric vehicle adoption. Also, as a response to the changing safety and compliance regulations of the industry, R&D is performed by manufacturers and new conduit solutions are introduced to the market.
 

The Asia Pacific in terms of electrical conduit market is expanding massively as a result of increased urbanization, development of industrial structures and heavy industrialization. Additionally, the rise in demand for eco-friendly and safe electrical systems in factories, buildings and energy sectors is driving adoption of advanced conduits in the region. The market in these areas is also further fueled by the growing incidence of smart grids and projects focusing on renewable energy.
 

Electrical Conduit Market Share

In the electrical conduit industry, Atkore is one of the leading companies in terms of market share. The company’s strong position is attributed to its extensive portfolio of products which includes steel and PVC and flexible conduits. Investments in infrastructure have helped Atkore extend its reach throughout the vast United States and its territories concentrating on innovative products and strategic acquisitions. In addition, their strong links with contractors and construction companies help to strengthen their position in the electrical conduit’s sector.
 

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 inaugurated an injection plant situated in Evergem, Belgium, at the price of USD 2 million. According to ABB, the new center is able to automate and increase energy efficiency through its combination of cutting-edge numeric control machines, molding technology, and digital infrastructure. The distribution of power control components, such as circuit breakers, fuses, switches, meters, and commercial, residential, and industrial buildings, is guaranteed to be safe using AMMS power distribution enclosure.
     
  • In May 2024, ABB, along with Niedax Group, established a joint venture, ABNEX, Inc., in a bid to address the growing demand for cable management systems in North America. ABB’s expertise in automation and Niedax’s expertise in cable management systems, the companies targeted the growing commercial and infrastructural investment in the region with the aim of developing state-of-the-art, high-end, and standards-compliant solutions for the evolving market. The joint venture is expected to boost manufacturing capacity while also focusing on safety and energy compliance.
     

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:

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 Question(FAQ) :
Who are the major players in the electrical conduit market?
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.
Why is the demand for non-metal electrical conduits rising?
What is the growth rate of the electrical conduit market in the energy sector?
What trends are influencing the U.S. electrical conduit market growth?
How big is the electrical conduit market?
Which factors are driving the Asia Pacific market for electrical conduit?
Why is the electrical conduit used for the energy sector?
How is the increasing number of distribution networks impacting the non metal electrical conduit market?
How big is the electrical conduit market?
Electrical Conduit Market Scope
  • Electrical Conduit Market Size
  • Electrical Conduit Market Trends
  • Electrical Conduit Market Analysis
  • Electrical Conduit Market Share
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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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