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North America Metal Electrical Conduit Market Size

  • Report ID: GMI11716
  • Published Date: Oct 2024
  • Report Format: PDF

North America Metal Electrical Conduit Market Size

North America Metal Electrical Conduit Market was valued at USD 635.4 million in 2023 and is projected to grow at a CAGR of 5.8% from 2024 to 2032, driven by infrastructure development, and stringent safety regulations. These factors increase demand for reliable and durable electrical installations. The expansion of renewable energy projects, particularly in solar and wind sectors, further boosts market growth.

 

According to the U.S. Energy Information Administration, utility-scale solar electricity generation increased by 26% in 2022, highlighting the growing need for robust wiring solutions. Advancements in manufacturing technologies and recognition of metal conduits' long-term cost benefits over alternatives also contribute to market expansion.
 

 

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

North America market for metal electrical conduit was reached USD 635.4 million in 2023 and is estimated to witness more than 5.8% CAGR from 2024 to 2032, spurred by infrastructure development and stringent safety regulations.

The North American metal electrical conduit market for residential applications is expected to grow at over 5.5% CAGR by 2032, propelled by the increasing demand for secure wiring solutions due to the rise of home automation and smart technology integration.

The North America galvanized rigid conduit (GRC) market is projected to exceed USD 270 million by 2032, led by its durability and corrosion resistance, making it ideal for both indoor and outdoor electrical installations, especially in harsh environments.

The U.S. metal electrical conduit market is projected to exceed USD 770 million by 2032, driven by the stricter safety regulations and the rise of renewable energy.

Major key players dominating the North America metal electrical conduit industry are ABB, AerosUSA, American Conduit, Anamet Electrical, Atkore, Canpipe, Champion Fiberglass, Electri-Flex Company, Hydro, HellermannTyton, Legrand, Pittsburgh Pipe, Schneider Electric, Tekima, Wheatland Tube.

North America Metal Electrical Conduit Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 15
  • Tables & Figures: 10
  • Countries covered: 3
  • Pages: 60
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