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North America Flexible Electrical Conduit Market Trends

  • Report ID: GMI8781
  • Published Date: Apr 2024
  • Report Format: PDF

North America Flexible Electrical Conduit Market Trends

The North America flexible electrical conduit industry is witnessing a substantial growth owing to several emerging trends. There is a growing preference for flexible conduit solutions due to their versatility and ease of installation. Increasing emphasis on sustainability is driving demand for conduit materials with eco-friendly properties. Advancements in technology are leading to the development of smart conduit systems with integrated sensors for monitoring purposes. Additionally, there is a rising adoption of corrosion-resistant conduit materials, particularly in harsh industrial environments, to ensure long-term durability and reliability.
 

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

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.

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.

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.

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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Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 188
  • Countries covered: 3
  • Pages: 170
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