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Flexible Metallic Conduit Market Trends

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

Flexible Metallic Conduit Market Trends

The flexible metallic conduit industry is experiencing several notable trends including the increasing preference for liquid-tight flexible metallic conduits, which provide enhanced protection against moisture and contaminants, making them ideal for harsh and demanding environments. Additionally, there is a growing demand for flexible metallic conduits in renewable energy projects, such as solar and wind farms, due to their durability and adaptability. Technological advancements are also leading to the development of conduits with improved features, such as enhanced corrosion resistance and fireproofing capabilities. Moreover, the market is seeing a shift towards environmentally friendly and recyclable materials in conduit manufacturing, aligning with the global emphasis on sustainability and reducing carbon footprints.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of flexible metallic conduit was reached USD 505.2 million in 2023 and will register 7.2% CAGR from 2024 to 2032, fueled by increasing construction activities, rising demand for durable electrical infrastructure, and stringent safety regulations.

The industrial segment in the flexible metallic conduit industry will record 6.5% CAGR through 2032, attributed to the high demand for reliable and durable electrical infrastructure in manufacturing and processing plants.

Asia Pacific flexible metallic conduit industry size will exceed USD 390 million by 2032 due to rapid urbanization, significant infrastructure development, and increasing industrialization in countries like China and India.

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.

Flexible Metallic Conduit Market Scope

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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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