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Electrical Metal Tubing Market Trends

Report ID: GMI11464
Published Date: Sep 2024
Report Format: PDF

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Electrical Metal Tubing Market Trends

The electrical metal tubing industry is experiencing significant growth driven by several factors. Lightweight, corrosion-resistant tubing is gaining popularity for its durability and ease of installation. Demand is increasing from construction and energy sectors, particularly in renewable energy and infrastructure projects. As per the U.S. Energy Information Administration, reports confirm that the renewable energy sources accounted for about 20% of U.S. electricity generation in 2021, indicating a growing market for EMT in this sector.

Manufacturers are developing advanced coatings and finishes to enhance environmental protection. The industry is also responding to the push for sustainable materials and smart grid technologies, which is expected to boost EMT use in advanced electrical systems and energy-efficient applications.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of electrical metal tubing was worth over USD 776.8 million in 2023 and is expected to grow at a CAGR of 6.9% through 2023, due to urbanization, industrial growth, and increased construction activities, particularly in developing economies.

The electrical metal tubing market in the utility sector is experiencing robust growth, with a projected CAGR of over 7.5% through 2032, driven by the modernization of electrical grids and increased investments in utility infrastructure.

Asia-Pacific electrical metal tubing market is projected to exceed USD 690 million by 2032, driven by rapid urbanization, industrialization, renewable energy expansion, and stricter safety regulations.

Atkore, Bridgeport, Eaton, EVT Electrical, Hangzhou Francis Conduit Industries Co., Ltd, Nucor Tubular Products, Orbit Industries, Producto Electric Corp., Topaz Lighting Corp., Topele Enterprise Co., Ltd., and Western Tube among others.