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Flexible Metallic Conduit Market Size
- Report ID: GMI9626
- Published Date: May 2024
- Report Format: PDF
Flexible Metallic Conduit Market Size
Flexible Metallic Conduit Market was valued at USD 505.2 million in 2023 and is projected to grow at a CAGR of 7.2% during 2024 to 2032, owing to the increasing adoption of flexible metallic conduits in the construction and infrastructure sectors, due to their superior durability, corrosion resistance, and flexibility.
Additionally, the rise in urbanization and industrialization, particularly in emerging economies, has led to heightened demand for efficient and reliable wiring and cabling solutions, further propelling market growth. As per the Worldbank, approximately 75% of the population of India resided in urban setting in 2022 which is further going to increase in the coming years, creating a favorable scenario for the conduit industry growth.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Flexible Metallic Conduit Market Size in 2023: | USD 505.2 Million |
| Forecast Period: | 2024 to 2032 |
| Forecast Period 2024 to 2032 CAGR: | 7.2% |
| 2032 Value Projection: | USD 969 Million |
| Historical Data for: | 2021 - 2023 |
| No. of Pages: | 110 |
| Tables, Charts & Figures: | 20 |
| Segments covered: | Trade Size, Application and End Use |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Frequently Asked Questions (FAQ) :
Flexible Metallic Conduit Market Scope
