North America Electrical Conduit MarketNorth America Electrical Conduit Market Strategic Roadmap: Analysis and Forecasts 2024-2032
North America Electrical Conduit Market by Product Type (Flexible Cable Conduit, Rigid Cable Conduit, Others), by End-user (Buildings &, Construction, Manufacturing, IT & Telecommunication, Others), by North America (U.S., Canada) Forecast 2024-2032
Base Year: 2023
120 Pages
North America Electrical Conduit Market Strategic Roadmap: Analysis and Forecasts 2024-2032
Key Insights
The North America Electrical Conduit Market size was valued at USD 1.62 USD Billion in 2023 and is projected to reach USD 2.12 USD Billion by 2032, exhibiting a CAGR of 3.9 % during the forecast period. The North America electrical conduit market is a situation where the production and distribution of tubular systems which are used to protect and route electrical wiring in various construction and industrial applications take place. Conductive pathways prevent the wires from damage like moisture, harmful elements in the environment or any other risks, guranteeing a safe and secure connection of electrical circuits. Moreover, they are commonly applied in domestic, commercial and industrial projects for dissemination of energy in buildings, infrastructures, and facilities. The main uses are the electrical works in buildings, the underground installations and the outdoor applications. Today's market trends consist of corrosion-resistant materials like PVC and fiberglass absorbance into everyday usage and easier to install and maintain conduit designs progresses by various producers. With renovations and new projects in the north America electrical conduit market sector being consistent the growth of market to keep up with the demands of modern electrical systems is getting sturdy.
North America Electrical Conduit Trends
- Growing demand for electricity
- Increasing adoption of renewable energy sources
- Rising construction activities
- Government regulations
Driving Forces: What's Propelling the North America Electrical Conduit Market
- Rapid urbanization
- Industrialization
- Technological advancements
Challenges and Restraints in North America Electrical Conduit Market
- Fluctuating raw material prices
- Intense competition
- Stringent government regulations
Emerging Trends in North America Electrical Conduit
- Smart buildings
- Wireless communication
- Sustainable materials
Growth Catalysts in North America Electrical Conduit Industry
- Surging demand for electricity, driven by population growth and rapid urbanization
- Massive investments in renewable energy projects, such as solar and wind farms
- Increased focus on energy efficiency and grid modernization
- Growing adoption of smart homes and building automation systems
- Modernization and expansion of transportation infrastructure, including electric vehicle charging stations
- Strict regulations and codes safeguarding electrical safety and minimizing fire hazards
- Growing awareness among consumers and businesses about the importance of electrical safety
- Government incentives, such as tax credits and grants, promoting the adoption of energy-efficient electrical conduits
Market Segmentation: North America Electrical Conduit Analysis
Product Type:
- Flexible Cable Conduit
- Rigid Cable Conduit
- Others
End-user:
- Buildings & Construction
- Manufacturing
- IT & Telecommunication
- Others
Leading Players in the North America Electrical Conduit Market
- Atkore International Group Inc. (U.S.)
- ABB (Switzerland)
- Eaton Corporation (Ireland)
- Legrand (France)
- IPEX Inc. (Canada)
- CANTEX Inc. (U.S.)
- Champion Fiberglass, Inc. (U.S.)
- PECO (U.S.)
- Electri-Flex Company (U.S.)
- WL Plastics (U.S.)
Significant developments in North America Electrical Conduit Sector
- Acquisitions
- Mergers
- Partnerships
- Product launches
Comprehensive Coverage North America Electrical Conduit Market Report
- In-depth market analysis, including historical, current, and projected market size and growth rates
- Identification and analysis of key market trends, dynamics, and drivers
- Detailed segmentation of the market by type, material, end-use application, and region
- Profiles of leading market players, including their market share, financial performance, product portfolios, and strategic initiatives
- Comprehensive SWOT and PESTLE analysis to provide a holistic understanding of market opportunities and challenges
- Porter's five forces analysis to assess the competitive landscape and industry dynamics
- BCG matrix to evaluate the competitive position of major market players
- Analysis of import and export trends to provide insights into global market dynamics
- Assessment of production and consumption patterns to gauge industry supply and demand balances
- Compilation of regulatory landscape analysis to inform stakeholders about industry regulations and compliance requirements
Regional Insight
- United States
- Canada
- Mexico
Technology Analysis
- Advancements in materials
- New manufacturing techniques
PESTLE Analysis
- Political factors
- Economic factors
- Social factors
- Technological factors
- Legal factors
- Environmental factors
Portor's Five Force Analysis
- Threat of new entrants
- Bargaining power of suppliers
- Bargaining power of buyers
- Threat of substitutes
- Rivalry among existing companies
BCG Matrix
- Stars
- Cash cows
- Question marks
- Dogs
Import & Export Analysis
- Major importing countries
- Major exporting countries
Production & Consumption
- Production volume
- Consumption volume
Regulatory Landscape
- Government regulations
- Industry standards
North America Electrical Conduit Market REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 3.9% from 2018-2032 |
| Segmentation |
|
Frequently Asked Questions
Table Of Content
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growing Focus on Safety and Organization to Fuel Market Growth
- 3.3. Market Restrains
- 3.3.1. Volatility in Raw Material Prices and Supply to Hinder Market Growth
- 3.4. Market Trends
- 3.4.1. Growth of IT Infrastructure to Bolster the Demand for Modern Cable Tray Management Solutions
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. North America Electrical Conduit Market Analysis, Insights and Forecast, 2018-2030
- 5.1. Market Analysis, Insights and Forecast - by Product Type
- 5.1.1. Flexible Cable Conduit
- 5.1.2. Rigid Cable Conduit
- 5.1.3. Others
- 5.2. Market Analysis, Insights and Forecast - by End-user
- 5.2.1. Buildings &
- 5.2.2. Construction
- 5.2.3. Manufacturing
- 5.2.4. IT & Telecommunication
- 5.2.5. Others
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.1. Market Analysis, Insights and Forecast - by Product Type
- 6. United States North America Electrical Conduit Market Analysis, Insights and Forecast, 2018-2030
- 6.1. Market Analysis, Insights and Forecast - By Product Type
- 6.1.1 Flexible Cable Conduit
- 6.1.2 Rigid Cable Conduit
- 6.1.3 Others
- 6.2. Market Analysis, Insights and Forecast - By End-user
- 6.2.1 Buildings &
- 6.2.2 Construction
- 6.2.3 Manufacturing
- 6.2.4 IT & Telecommunication
- 6.2.5 Others
- 7. Canada North America Electrical Conduit Market Analysis, Insights and Forecast, 2018-2030
- 7.1. Market Analysis, Insights and Forecast - By Product Type
- 7.1.1 Flexible Cable Conduit
- 7.1.2 Rigid Cable Conduit
- 7.1.3 Others
- 7.2. Market Analysis, Insights and Forecast - By End-user
- 7.2.1 Buildings &
- 7.2.2 Construction
- 7.2.3 Manufacturing
- 7.2.4 IT & Telecommunication
- 7.2.5 Others
- 8. Mexico North America Electrical Conduit Market Analysis, Insights and Forecast, 2018-2030
- 8.1. Market Analysis, Insights and Forecast - By Product Type
- 8.1.1 Flexible Cable Conduit
- 8.1.2 Rigid Cable Conduit
- 8.1.3 Others
- 8.2. Market Analysis, Insights and Forecast - By End-user
- 8.2.1 Buildings &
- 8.2.2 Construction
- 8.2.3 Manufacturing
- 8.2.4 IT & Telecommunication
- 8.2.5 Others
- 9. Competitive Analysis
- 9.1. Market Share Analysis 2023
- 9.2. Company Profiles
- 9.2.1 Atkore International Group Inc. (U.S.)
- 9.2.1.1. Overview
- 9.2.1.2. Products
- 9.2.1.3. SWOT Analysis
- 9.2.1.4. Recent Developments
- 9.2.1.5. Financials (Based on Availability)
- 9.2.2 ABB (Switzerland)
- 9.2.2.1. Overview
- 9.2.2.2. Products
- 9.2.2.3. SWOT Analysis
- 9.2.2.4. Recent Developments
- 9.2.2.5. Financials (Based on Availability)
- 9.2.3 Eaton Corporation (Ireland)
- 9.2.3.1. Overview
- 9.2.3.2. Products
- 9.2.3.3. SWOT Analysis
- 9.2.3.4. Recent Developments
- 9.2.3.5. Financials (Based on Availability)
- 9.2.4 Legrand (France)
- 9.2.4.1. Overview
- 9.2.4.2. Products
- 9.2.4.3. SWOT Analysis
- 9.2.4.4. Recent Developments
- 9.2.4.5. Financials (Based on Availability)
- 9.2.5 IPEX Inc. (Canada)
- 9.2.5.1. Overview
- 9.2.5.2. Products
- 9.2.5.3. SWOT Analysis
- 9.2.5.4. Recent Developments
- 9.2.5.5. Financials (Based on Availability)
- 9.2.6 CANTEX Inc. (U.S.)
- 9.2.6.1. Overview
- 9.2.6.2. Products
- 9.2.6.3. SWOT Analysis
- 9.2.6.4. Recent Developments
- 9.2.6.5. Financials (Based on Availability)
- 9.2.7 Champion Fiberglass Inc. (U.S.)
- 9.2.7.1. Overview
- 9.2.7.2. Products
- 9.2.7.3. SWOT Analysis
- 9.2.7.4. Recent Developments
- 9.2.7.5. Financials (Based on Availability)
- 9.2.8 PECO (U.S.)
- 9.2.8.1. Overview
- 9.2.8.2. Products
- 9.2.8.3. SWOT Analysis
- 9.2.8.4. Recent Developments
- 9.2.8.5. Financials (Based on Availability)
- 9.2.9 Electri-Flex Company (U.S.)
- 9.2.9.1. Overview
- 9.2.9.2. Products
- 9.2.9.3. SWOT Analysis
- 9.2.9.4. Recent Developments
- 9.2.9.5. Financials (Based on Availability)
- 9.2.10 WL Plastics (U.S.)
- 9.2.10.1. Overview
- 9.2.10.2. Products
- 9.2.10.3. SWOT Analysis
- 9.2.10.4. Recent Developments
- 9.2.10.5. Financials (Based on Availability)
- 9.2.1 Atkore International Group Inc. (U.S.)
List of Figures
- Figure 1: North America Electrical Conduit Market Revenue Breakdown (USD Billion, %) by Product 2023 & 2031
- Figure 2: North America Electrical Conduit Market Value Share (%), by Product Type 2023 & 2031
- Figure 3: North America Electrical Conduit Market Value Share (%), by End-user 2023 & 2031
- Figure 4: North America Electrical Conduit Market Share (%) by Company 2023
List of Tables
- Table 1: North America Electrical Conduit Market Revenue USD Billion Forecast, by Product Type 2018 & 2031
- Table 2: North America Electrical Conduit Market Volume Meters Forecast, by Product Type 2018 & 2031
- Table 3: North America Electrical Conduit Market Revenue USD Billion Forecast, by End-user 2018 & 2031
- Table 4: North America Electrical Conduit Market Volume Meters Forecast, by End-user 2018 & 2031
- Table 5: North America Electrical Conduit Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 6: North America Electrical Conduit Market Volume Meters Forecast, by Region 2018 & 2031
- Table 7: North America Electrical Conduit Market Revenue USD Billion Forecast, by Product Type 2018 & 2031
- Table 8: North America Electrical Conduit Market Volume Meters Forecast, by Product Type 2018 & 2031
- Table 9: North America Electrical Conduit Market Revenue USD Billion Forecast, by End-user 2018 & 2031
- Table 10: North America Electrical Conduit Market Volume Meters Forecast, by End-user 2018 & 2031
- Table 11: North America Electrical Conduit Market Revenue USD Billion Forecast, by Region 2018 & 2031
- Table 12: North America Electrical Conduit Market Volume Meters Forecast, by Region 2018 & 2031
- Table 13: North America Electrical Conduit Market Revenue USD Billion Forecast, by Product Type 2018 & 2031
- Table 14: North America Electrical Conduit Market Volume Meters Forecast, by Product Type 2018 & 2031
- Table 15: North America Electrical Conduit Market Revenue USD Billion Forecast, by End-user 2018 & 2031
- Table 16: North America Electrical Conduit Market Volume Meters Forecast, by End-user 2018 & 2031
- Table 17: North America Electrical Conduit Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 18: North America Electrical Conduit Market Volume Meters Forecast, by Country 2018 & 2031
- Table 19: United States North America Electrical Conduit Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 20: United States North America Electrical Conduit Market Volume (Meters ) Forecast, by Application 2018 & 2031
- Table 21: Canada North America Electrical Conduit Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 22: Canada North America Electrical Conduit Market Volume (Meters ) Forecast, by Application 2018 & 2031
- Table 23: Mexico North America Electrical Conduit Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 24: Mexico North America Electrical Conduit Market Volume (Meters ) Forecast, by Application 2018 & 2031
- Table 25: North America Electrical Conduit Market Revenue USD Billion Forecast, by Product Type 2018 & 2031
- Table 26: North America Electrical Conduit Market Volume Meters Forecast, by Product Type 2018 & 2031
- Table 27: North America Electrical Conduit Market Revenue USD Billion Forecast, by End-user 2018 & 2031
- Table 28: North America Electrical Conduit Market Volume Meters Forecast, by End-user 2018 & 2031
- Table 29: North America Electrical Conduit Market Revenue USD Billion Forecast, by Country 2018 & 2031
- Table 30: North America Electrical Conduit Market Volume Meters Forecast, by Country 2018 & 2031
- Table 31: U.S. North America Electrical Conduit Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 32: U.S. North America Electrical Conduit Market Volume (Meters ) Forecast, by Application 2018 & 2031
- Table 33: Canada North America Electrical Conduit Market Revenue (USD Billion) Forecast, by Application 2018 & 2031
- Table 34: Canada North America Electrical Conduit Market Volume (Meters ) Forecast, by Application 2018 & 2031
| Aspects | Details |
|---|---|
| Study Period | 2018-2032 |
| Base Year | 2023 |
| Estimated Year | 2024 |
| Forecast Period | 2024-2032 |
| Historical Period | 2018-2023 |
| Growth Rate | CAGR of 3.9% from 2018-2032 |
| Segmentation |
|
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Note* : In applicable scenarios
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