Flexible Metallic Conduit Market Size - By Trade Size (½ to 1, 1 ¼ to 2, 2 ½ to 3, 3 to 4, 5 to 6, Others), By Application, By End Use (Residential, Commercial, Industrial, Utility), Regional Outlook & Forecast, 2024 – 2032

Report ID: GMI9626
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Published Date: May 2024
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Report Format: PDF

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Flexible Metallic Conduit Market Size

The global flexible metallic conduit market size reached a value of USD 505.2 million in 2023 and is projected to grow at a CAGR of 7.2% through 2032. This growth is attributed to the rising use of Flexible Metallic Conduits (FMCs) in construction and infrastructure development because of their durability, corrosion resistance, and flexibility.
 

Flexible Metallic Conduit Market

In addition, the increasing rate of urbanization and industrialization in developing nations has escalated the need for robust and effective wiring and cabling systems that foster further expansion of the market. According to Wordbank, the urban population of India in 2022 was nearly 75% and is expected to grow in the subsequent years, which bodes well for the conduit industry growth.
 

Flexible Metallic Conduit Market Trends

The market for flexible metallic conduit is marked with certain trends such as a rise in the use of liquid-tight flexible metallic conduits, which offer superior protection against moisture and contaminants in difficult and demanding environments. In addition, there is high growth potential for flexible metallic conduits in renewable energy constructions such as solar and wind farms because of their strength and flexibility.
 

Newer technologies are resulting in the production of conduits with additional features like enhanced corrosion and fireproofing. In addition, there is a prevalent attempt to substitute traditional production materials with eco-friendly and recyclable products in conduits manufacturing in response to growing needs for sustainability and carbon footprint reduction.
 

Flexible Metallic Conduit Market Analysis

Flexible Metallic Conduit Market Size, By Trade Size, 2022 – 2032, (USD Million)

The flexible metallic conduit industry is expecting to rise over USD 240 million by 2032 for trade sizes ranging at size 2.5 to 3 inch. These sizes are structurally suitable for a variety of industrial applications as they provide a sufficient amount of structural integrity while simultaneously offering a great degree of flexibility. They are common among standard electrical installations, making these conduits readily available to and easily identified by contractors and installers.
 

This specific market also allows for competitive pricing when compared to either larger size than 3 or smaller than 2.5, which makes these conduits attractive to consumers aiming to save costs while still receiving top tier quality. Their wide availability and handy price ranges make them the conduit of choice for standard installations catering to both flexibility and rigidity.
 

Flexible Metallic Conduit Market Share, By End Use, 2023

The flexible metallic conduit market from industrial sectors is record a CAGR of 6.5% till 2032. These industries depend on conduits for protection from harsh environments while simultaneously safeguarding electrical systems and assuring safety and integrity. The vast infrastructure and mega projects within this sector boosts the demand for conduits across a variety of installations and applications. Additionally, the rising safety standards set forth in various regulations further bolster the need for high quality conduits that are in fairness required by the industry gaps this segment dominates the market.
 

Asia Pacific Flexible Metallic Conduit Market Size, 2022 - 2032, (USD Million)

The Asia Pacific flexible metallic conduit market is predicted to exceed USD 390 million by 2032, attributable to the swift industrial activities followed by urban migration in China, India, and the rest of the Southeast Asian countries, as these regions boost their electrical architecture. Furthermore, the increasing acceptance of industry automation and modern manufacturing techniques drives the necessity for flexible and reliable electrical wiring systems.
 

Also, the regions aggressive adoption of new technologies including safety regulations and protection infrastructural development enhances the growth of the market. For instance, in September 2021, ABB Installation Products launched new conduit and cable support products aimed at the global rail transport market which improves efficiency and safety within rail networks.
 

The flexible metallic conduit market in the U.S. is driven by growth in the construction of residential, commercial, and industrial buildings which is the main factor behind the expansion. Also, increasing electrical safety regulations and advanced technologies adopted in protection wiring enable growth. Increase in the use of flexible conduits in data centers and green energy projects continues to drive growth.
 

Flexible Metallic Conduit Market Share

Because of its extensive portfolio, global presence, and reputation for quality and dependability, ABB has a large market share in the flexible metallic conduits space. The company’s engineering prowess meets multiple industrial requirements while observing strict safety regulations. Reinforcing wiring protection solutions with simultaneous technology advancement and meeting customer's needs assures ABB’s industry leading position.
 

Flexible Metallic Conduit Market Companies

Some of the key market players operating across the flexible metallic conduit industry are:

  • ABB
  • Anamet Electrical, Inc.
  • Atkore
  • Bahra Electric
  • Dongguan FlexGlory Machinery Accessories Co., Ltd.
  • Electri-Flex Company
  • HellermannTyton
  • International Metal Hose Company
  • Kaiphone Technology Co. Ltd.
  • Shanghai Weyer Electric Co., Ltd.
  • Southwire Company, LLC.
  • United Power
  • Whitehouse Flexible Tubing
     

Flexible Metallic Conduit Industry News

  • Southwire’s launch of spring steel supports and fasteners in October 2022 illustrates the company’s commitment to the innovative and prompt servicing of its customer’s requirements. This new line was developed to be efficient and reliable for a variety of electrical installation applications. By offering these supports and fasteners, Southwire assertively positions itself as a leader in the supply of quality electrical products and services to the industry.
     
  • Atkore International's introduction in March 2020 of the Koreflex flexible conduit range, the company's newest product, reflects the company's focus towards innovation in electrical infrastructure solutions. The goal of this expansion was to provide greater flexibility and strength to accommodate a broader spectrum of installation needs within all industries. With this introduction, Atkore once again demonstrated its ability to deliver robust and flexible conduit solutions that serve the ever-evolving demands of customers from different industries.
     

The flexible metallic conduit market research report includes an in–depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 to 2032, 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 Application

  • Rail infrastructure
  • Military Aerospace
  • Healthcare Facilities
  • Process Plants
  • Energy
  • Others

Market, By End Use

  • Residential
  • Commercial
  • Industrial
  • Utility

The above information has been provided for the following 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) :
Which are the major flexible metallic conduit companies?
Some of the leading flexible metallic conduit industry players include ABB, Anamet Electrical, Inc., Atkore, Bahra Electric, Dongguan FlexGlory Machinery Accessories Co., Ltd., Electri-Flex Company, International Metal Hose Company, Kaiphone Technology Co. Ltd., Shanghai Weyer Electric Co., Ltd., Southwire Company, LLC, United Power, and Whitehouse Flexible Tubing among others.
What is the value of Asia Pacific flexible metallic conduit market?
What is the flexible metallic conduit market worth?
Why is the demand for industrial flexible metallic conduit increasing?
Flexible Metallic Conduit Market Scope
  • Flexible Metallic Conduit Market Size
  • Flexible Metallic Conduit Market Trends
  • Flexible Metallic Conduit Market Analysis
  • Flexible Metallic Conduit Market Share
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    Premium Report Details

    Base Year: 2023

    Companies covered: 13

    Tables & Figures: 20

    Countries covered: 19

    Pages: 110

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