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North America Flexible Electrical Conduit Market Analysis

Report ID: GMI8781 Published Date: April 2024Report Format: PDF
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North America Flexible Electrical Conduit Market Analysis

North America Flexible Electrical Conduit Market Size, By Trade Size, 2022 – 2032 (USD Million)

Based on trade size, the 2 ½ to 3 trade size conduits hold a substantial market share and are projected to grow over USD 190 million by 2032. The units provide ample space for accommodating larger bundles of wires and cables, ensuring efficient wiring installations with reduced congestion. Additionally, their larger diameter allows for easier routing around obstacles and through complex pathways. These conduits provide enhanced flexibility, durability, and protection for electrical wiring systems, making them suitable for industrial, commercial, and residential applications requiring robust and reliable conduit solutions.

North America Flexible Electrical Conduit Market Revenue Share, By Classification, 2023

North America flexible electrical conduit market from Flexible Metallic (FMC) classification is anticipated to grow at a CAGR of over 6.5% through 2032. Flexible Metallic (FMC) electrical conduits offer distinct advantages over other flexible conduit classifications. Their metal construction provides superior durability and protection against mechanical damage, corrosion, and fire hazards compared to non-metallic options. FMC conduits also offer excellent electromagnetic interference (EMI) shielding, making them suitable for sensitive electronic applications. Additionally, their flexibility allows for easier installation in tight spaces and around obstacles, ensuring efficient and reliable electrical wiring systems in various industrial, commercial, and residential settings.

U.S. Flexible Electrical Conduit Market Size, 2022 – 2032 (USD Million)

The U.S. flexible electrical conduit market is likely to surpass USD 490 million by 2032, fuelled by the ongoing expansion of infrastructure projects across sectors such as construction, transportation, and utilities. The increasing adoption of advanced technologies, such as smart buildings and renewable energy integration, further fuels growth. As per U.S. Department of Energy (DOE), in 2022, renewable energy generation in the U.S. exceeded coal for the first time. Solar energy generation is forecasted to rise by 75%, and wind by 11% by 2025, which in turn creates a growth scenario for the technology. Moreover, the surge in data center construction and the trend towards energy efficiency drive the demand for flexible conduit solutions in the U.S. market.

Author: Ankit Gupta, Vishal Saini
Frequently Asked Question(FAQ) :

How big is the North America flexible electrical conduit market?+

The market size of North America flexible electrical conduit was reached USD 351 million in 2023 and is estimated to grow at 7.6% CAGR up to 2032, driven by increasing infrastructure development, rising demand for energy-efficient solutions and stringent regulations promoting safety standards.

Why is the use of flexible metallic electrical conduit growing in North America?+

North America flexible metallic electrical conduit market is anticipated to grow at over 6.5% CAGR through 2032, as they offer excellent electromagnetic interference (EMI) shielding, making them suitable for sensitive electronic applications.

Why is the U.S. flexible electrical conduit industry expanding?+

U.S. flexible electrical conduit market is anticipated to surpass USD 490 million by 2032, propelled by the ongoing expansion of infrastructure projects across sectors such as construction, transportation, and utilities.

Who are the main contenders in North America flexible electrical conduit market?+

ABB, Anamet Electrical, Inc., Atkore, CANTEX INC., Electri-Flex Company, HellermannTyton, Hubbell, Kaiphone Technology Co., Ltd., LEDES, legrand, Schneider Electric, Southwire Company, LLC and Wienerberger AG.

North America Flexible Electrical Conduit Market Scope

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