Utility Scale Flexible Electrical Conduit Market Size - By Trade Size, By Configuration, Growth Forecast 2024 – 2032

Utility Scale Flexible Electrical Conduit Market Size

The global utility scale flexible electrical conduit market was valued at USD 362.6 million in 2023 and is estimated to grow at a CAGR of 8.7% from 2024 to 2032, owing to increased investments in renewable energy projects, rising demand for energy-efficient infrastructure, and utility grid expansion. The shift towards sustainable energy, particularly solar and wind power, necessitates durable and adaptable flexible conduits. The U.S. Energy Information Administration reports that renewable energy sources accounted for about 20% of U.S. electricity generation in 2021, highlighting the sector's growth.
 

Smart grid technologies and electric vehicle charging infrastructure development further drive market expansion. Regulatory requirements for electrical safety and aging power infrastructure modernization also contribute to demand. Flexible conduits are preferred in large-scale electrical distribution projects for their ability to protect wiring from physical damage, moisture, and corrosion in utility-scale installations.
 

Utility Scale Flexible Electrical Conduit Market Trends

The utility-scale flexible electrical conduit industry is expanding due to increasing renewable energy infrastructure demand, particularly for wind and solar projects. According to the International Energy Agency's Renewables 2022 report, global renewable power capacity is expected to grow by 2,400 GW between 2022 and 2027, equivalent to the entire power capacity of China today. This growth drives the need for flexible electrical conduits in complex cabling systems. The market is shifting towards lightweight, corrosion-resistant, and fire-retardant materials, especially non-metallic conduits for harsh environments.
 

Technological advancements in conduit manufacturing, improving flexibility and durability, contribute to market growth. Stringent electrical safety and energy efficiency regulations further promote innovation and adoption of flexible conduits in utility-scale applications.
 

Utility Scale Flexible Electrical Conduit Market Analysis

Flexible electrical conduits in the 2 ½ to 3 trade size categories represent a sizeable portion of the utility sector and is expected to surpass USD 190 million by 2032, driven by increasing investments in utility infrastructure modernization, the rising demand for reliable electrical systems, and the growing adoption of flexible conduit solutions to enhance durability and installation efficiency in challenging environments. Additionally, the expanding renewable energy sector and ongoing upgrades in power transmission and distribution networks contribute to the rising demand for flexible conduits in this size range.
 

The utility-scale flexible electrical conduit market for flexible metallic conduit (FMC) is projected to grow at a CAGR of over 7.5% through 2032, driven by the superior advantages of FMC, including its exceptional durability, resistance to extreme temperatures, and ability to provide robust protection in harsh environments. FMC’s flexibility also simplifies installation in complex or confined spaces, reducing labor costs and improving efficiency. Additionally, the growing focus on infrastructure resilience and the need for reliable electrical systems in utilities further boost demand for FMC, especially in applications where enhanced protection and adaptability are critical.
 

The U.S. utility-scale flexible electrical conduit market is set to exceed USD 90 million by 2032, driven by infrastructure modernization, renewable energy integration, and regulatory support. These factors necessitate robust, flexible conduit solutions for efficient electrical distribution. The U.S. Department of Energy's Grid Deployment Office recently announced USD 10.5 billion in funding to enhance power grid resilience and reliability, highlighting the significant investments in upgrading electrical infrastructure. This initiative underscores the growing demand for advanced electrical systems, including flexible conduits. Energy efficiency focus, stringent safety requirements, and technological advancements in conduit materials further propel market growth.
 

The Asia Pacific utility-scale flexible electrical conduit market is driven by rapid industrialization, increasing energy demands, and expanding infrastructure projects, particularly in renewable energy sectors. Government initiatives promoting smart grids, alongside rising investments in transmission and distribution networks, also fuel growth. Additionally, urbanization and the need for flexible solutions in harsh environments enhance demand.
 

Utility Scale Flexible Electrical Conduit Market Share

Atkore holds a significant share in the utility-scale flexible electrical conduit industry, driven by its comprehensive product range and strong presence in the Asia Pacific region. Its solutions cater to large-scale energy projects, including renewable energy and smart grids. Atkore's focus on durable, high-performance conduits for demanding environments enhances its position in this growing market segment.
 

Utility Scale Flexible Electrical Conduit Market Companies

Major key players operating across the utility scale flexible electrical conduit industry are:

• Anamet Electrical
• ABB
• Atkore
• Afi Elektromekanik
• Bahra Electric
• Delikon Electric Flexible Conduit
• Dongguan FlexGlory Machinery Accessories
• Eddy Group
• Electri-Flex Company
• HellermannTyton
• Kaiphone Technology
• Southwire Company
• Shanghai Weyer Electric
• United Power
• Whitehouse Flexible Tubing
   

Utility Scale Flexible Electrical Conduit Industry News

• In March 2024, Atkore Flexicon expanded its retrofit solutions with new hinged fittings and locknuts, designed for easy installation on existing wiring without significant disruption. These fittings wrap around cables, providing essential protection from hazards such as UV degradation and vermin. They come in various sizes compatible with Atkore’s divisible conduits, featuring a simple hinge mechanism for easy use. The non-metallic construction ensures corrosion resistance, making them ideal for applications, including solar installations.
   
• In October 2022, Southwire launched a new line of spring steel supports and fasteners. This range offers reliable options for various electrical installations, addressing customer needs. The move strengthens Southwire's position as a key provider of quality electrical products in the market.
   

This utility scale flexible electrical conduit market research report includes an in–depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 to 2032, for the following segments:

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Market, By Trade Size

• ½ to 1
• 1 ¼ to 2
• 2 ½ to 3
• 3 to 4
• 5 to 6
• Others

Market, By Configuration

• Flexible Metallic (FMC)
• Liquid-Tight Flexible Metal (LFMC)
• Flexible Metallic Tubing (FMT)
• Liquid-Tight Flexible Non-Metallic (LFNC)

The above information has been provided for the following countries:

• North America
  • U.S.
  • Canada
  • Mexico
• Europe
  • France
  • Germany
  • Italy
  • UK
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
• Latin America
  • Brazil
  • Argentina