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Electrical Conduit Market Share

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

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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

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.