Press release
Electrical Conduit Market Growing at a CAGR of 8% to 2024 | Aliaxis, ABB, Astral, Atkore, ANAMET, Champion Fiberglass, Cantex, Hubbell, Schneider, Legrand, Hellermann Tyton, Mexichem, Wienerberger, Electri-Flex, Zekelman
Electrical Conduit Market 2018 - 2024
Asia Pacific electrical conduit market will witness significant upsurge subject to the increasing demand for electricity from emerging regions. India and other developing nations are considered as prominent areas as they continue to improve the existing power networks to meet the steady electricity demand. In 2016, renewable energy attracted investments worth USD 241.6 billion globally with a total of 138.5 GW capacity addition, out of which 47% were in Asia Pacific countries.
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Electricity supply across manufacturing facilities and large-scale industries have been critical applications, which demand for reliability and safety of the entire power network. Thereby, rising measures to incorporate a safe operational environment in line with aesthetic proximities will augment the > 3 marked global electrical conduit market. In addition, growing metal extraction activities along with rapid development of railway infrastructure involve large scale electric network development which in turn will strengthen the industry scenario.
Expansion of electric distribution network across large metal and mining industries in line with high dependency on railway electric infrastructure will escalate the overall metal electrical conduit market growth. Although the integration of effective non metallic and flexible conduit technologies have hindered the business growth, however, standardized product configurations favored by high replacement cost across the large-scale industry applications will endure the overall business landscape.
Rising electricity demand from various industries including the shipbuilding industry coupled with large-scale manufacturing plants have infused significant business potential. Precise industrial applications together with enhancing product specifications will complement the overall electrical conduit market share. In addition, increasing aesthetic proximity along with positive inclination towards flexible wire and cable management systems will further boost the industry dynamics.
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Electrical Conduit Market in 2017 surpassed USD 5 billion and is projected to grow by 8% by 2024. Increasing measures to curb health hazards, electrical supply faults, fire, & other operational malfunctioning along with standardized industrial protocols will drive the industry dynamics. Growing research and development fund flow from leading players to enhance their product portfolios with an aim to integrate a versatile technological platform will institute a favorable business scenario.
1 to 3 trade size conduits, in the recent years, have gained an upsurge on account of large-scale commercial development and retrofitting of small-scale industries across developing nations. Furthermore, increasing suburban migration in developing economies has further led to the growth of large multi-storey building, residential apartments and complexes, driving the global electrical conduit market share.
Eminent electrical conduit market players comprise of Aliaxis, ABB, Astral, Atkore, ANAMET, Champion Fiberglass, Cantex, Hubbell, Schneider, Legrand, Hellermann Tyton, Mexichem, Wienerberger, Electri-Flex, and Zekelman.
Table of Content:
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market estimates and forecast parameters
1.4 Data Sources
1.4.1 Primary
1.4.2 Secondary
1.4.2.1 Paid sources
1.4.2.2 Public sources
Chapter 2 Executive Summary
2.1 Electrical conduit market 360 degree synopsis, 2013 - 2024
2.1.1 Business trends
2.1.2 Trade size trends
2.1.3 Classification trends
2.1.4 Application trends
2.1.5 End use trends
2.1.6 Regional trends
Chapter 3 Electrical Conduit Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2013 - 2024 (USD Million)
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Regulatory landscape
3.5 Cable management systems landscape
3.6 Transmission & distribution loss trend
3.7 Cost structure breakdown
3.7.1 Electric transmission network
3.8 Electricity markets and ownership structures, 2017
3.9 Global energy investment scenario, 2017
3.10 Global power and utility outlook
3.11 Key customer requirements
3.12 Major transmission project landscape
3.13 Import/export landscape
3.13.1 By low voltage protection equipment
3.13.2 By high voltage protection equipment
3.14 Industry impact forces
3.14.1 Growth drivers
3.14.1.1 North America & Europe
3.14.1.1.1 Expansion of smart grid networks
3.14.1.1.2 Refurbishment & retrofit of existing grid infrastructure
3.14.1.2 Asia Pacific
3.14.1.2.1 Rising peak load demand
3.14.1.2.2 Expansion of micro-grid networks
3.14.1.2.3 Grid stability & security of supply concerns
3.14.1.3 MEA, CIS & Latin America
3.14.1.3.1 Increasing electricity demand
3.14.1.3.2 Integration of a sustainable energy infrastructure
3.14.2 Industry pitfalls & challenges
3.14.2.1 Slow paced technological evolution across developing regions
3.14.2.2 High dependency on imports
3.15 Growth potential analysis
3.16 Porter's Analysis
3.17 Competitive landscape, 2017
3.17.1 Strategy Dashboad
3.17.1.1 Aliaxis Group
3.17.1.2 Astral PolyTechnik Ltd.
3.17.1.3 Atkore International Ltd.
3.17.1.4 ABB
3.18 PESTEL Analysis
Chapter 4 Electrical Conduit Market, By Trade Size
4.1 Electrical conduit market share by trade size, 2017 & 2024
4.2 ½ to 1
4.2.1 Global market from ½ to 1, 2013 - 2024
4.2.2 Global market from ½ to 1, by region, 2013 - 2024
4.3 1 ¼ to 2
4.3.1 Global market from 1 ¼ to 2, 2013 - 2024
4.3.2 Global market from 1 ¼ to 2, by region, 2013 - 2024
4.4 2 ½ to 3
4.4.1 Global market from 2 ½ to 3, 2013 - 2024
4.4.2 Global market from 2 ½ to 3, by region, 2013 - 2024
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Related Report:
Global and Southeast Asia Electrical Conduit Systems Industry, 2018 Market Research Report
Global and Southeast Asia Electrical Conduit Systems Industry, 2013-2023 Market Research Report' is a professional and in-depth study on the current state of the global Electrical Conduit Systems industry with a focus on the Southeast Asia market. The report provides key statistics on the market status of the Electrical Conduit Systems manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Firstly, the report provides a basic overview of the industry including its definition, applications and manufacturing technology. Then, the report explores the international and Southeast Asia major industry players in detail. In this part, the report presents the company profile, product specifications, capacity, production value, and 2013-2018 market shares for each company. Through the statistical analysis, the report depicts the global and Southeast Asia total market of Electrical Conduit Systems industry including capacity, production, production value, cost/profit, supply/demand and Southeast Asia import/export. The total market is further divided by company, by country, and by application/type for the competitive landscape analysis. The report then estimates 2018-2023 market development trends of Electrical Conduit Systems industry. Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out. In the end, the report makes some important proposals for a new project of Electrical Conduit Systems Industry before evaluating its feasibility. Overall, the report provides an in-depth insight of 2013-2023 global and Southeast Asia Electrical Conduit Systems industry covering all important parameters.
https://www.marketstudyreport.com/reports/global-and-southeast-asia-electrical-conduit-systems-industry-2018-market-research-report?utm_source=RR-SP
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