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U.S. Electrical Conduit Market by Product Type (Flexible Cable Conduit, Rigid Cable Conduit, Others), by End-user (Buildings & Construction, Manufacturing, IT & Telecommunication, Others), by United states (Northeast, Southeast, Midwest, Southwest, West) Forecast 2024-2032
The U.S. Electrical Conduit Market size was valued at USD 1.25 USD Billion in 2023 and is projected to reach USD 1.66 USD Billion by 2032, exhibiting a CAGR of 4.11 % during the forecast period. Electrical Conduit is a type of tubing that is used in house electrical wires and protect these wires while laying them down in structures or buildings. It protects the transmission of electricity to prevent damage and fire outbreaks that may result from the high electrical currents. Uses of electrical conduit are found in residential buildings, commercial buildings, and industrial use when wiring is required to be protected against physical impact, moisture, and corrosive fluids. Various forms of electrical conduits are RMC, EMT, and PVC. The benefits of electrical conduit include increased safety, longer, and more effective wiring changes, and of course, adhering to the electrical standards. Recent developments of the market in the USA, where the interest in flexible and non-metallic conduits that are easier to install and cheaper is observed, coupled with the tendencies for energy-efficient building constructions, has stimulated the demand for eco-friendly conduits.
By Product Type:
By End-User:
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 4.11% from 2018-2032 |
Segmentation |
|
Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 4.11% from 2018-2032 |
Segmentation |
|
Note* : In applicable scenarios
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