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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.
Report Attribute | Details |
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Base Year: | 2023 |
North America Metal Electrical Conduit Market Size in 2023: | USD 635.4 Million |
Forecast Period: | 2024 – 2032 |
Forecast Period 2024 – 2032 CAGR: | 5.8% |
2024 – 2032 Value Projection: | USD 1.1 Billion |
Historical Data for: | 2021-2023 |
No. of Pages: | 60 |
Tables, Charts & Figures: | 10 |
Segments covered: | Trade Size, Configuration, End Use |
Growth Drivers: |
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Pitfalls & Challenges: |
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