Electrical Conduit Market
Get a free sample of this report
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
Request Sectional Data
Your inquiry has been received. Our team will reach out to you with the required details via email. To ensure that you don't miss their response, kindly remember to check your spam folder as well!
Form submitted successfully!
Error submitting form. Please try again.
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.
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.
| Report Attribute | Details |
|---|---|
| Base Year: | 2024 |
| Electrical Conduit Market Size in 2024: | USD 11 Billion |
| Forecast Period: | 2025 – 2034 |
| Forecast Period 2023 - 2032 CAGR: | 6.9 |
| 2023 Value Projection: | USD 22 Billion |
| Historical Data for: | 2021 - 2024 |
| No of Pages: | 100 |
| Tables, Charts & Figures: | 20 |
| Segments Covered: | Trade Size, Classification, Application, End Use |
| Growth Drivers: |
|
| Pitfalls Challenges: |
|
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.
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.
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.
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.
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.
Major players operating in the electrical conduit industry are:
Market, By Trade Size
Market, By Classification
Market, By Application
Market, By End Use
The above information has been provided for the following regions and countries:
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.
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.
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.
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 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.
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 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.