The global electrical conduit market is expected to grow significantly due to the growing digitalization and automation among various manufacturing and industrial industries.

The growing digitalization and automation among various industries and high adoption of electronic devices in household activities have increased power consumption, resulting in the rapid growth of the power/electricity industry. Moreover, the growing urbanization and increasing population have surged the construction of commercial and residential buildings and growing concerns and stringent government regulations towards effective electrical infrastructure are the primary factors accelerating the growth of the global electrical conduit market. The rapid growth of the IT and telecommunication industry is also expected to positively impact the growth of the global electrical conduit market in the coming years.

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Type Overview in the Global Electrical conduit Market

Based on the Type, the global electrical conduit market is segmented into Rigid and Flexible. The flexible segment is accounted for the highest share in the global electrical conduit market during the forecast period. The high demand for flexible electrical conduits in manufacturing, industrial and telecommunication industries due to their high flexibility, low weight, and less expensive has increased the demand for global flexible electrical conduits. Furthermore, the high adoption of automation and digitalization among manufacturing and industrial industries has accelerated the growth of the global electrical conduit market.

Material Overview in the Global Electrical conduit Market

The electrical conduit market is categorized into Metallic (stainless steel, aluminum, and others) and Non-metallic (high-density polyethylene (HDPE), Polyvinyl chloride (PVC), polypropylene (PP), and others). The non-metallic segment is expected to have significant growth in the global electrical conduit market during the forecast period, 2021-2027. The wide availability of non-metallic electrical conduits as rigid and flexible conduits and high adoption of non-metallic flexible electrical conduits in building structures and underground wiring systems due to their non-corrosive properties are the primary factors escalating the demand for non-metallic electrical conduits across the globe.

End-User Overview in the Global Electrical conduit Market

Based on the end-user, the global electrical conduit market is segregated into Residential, Commercial, Manufacturing, IT and Telecommunications, Energy and Utility, Oil and Gas, Healthcare, Marine, and Others. The residential and commercial segments are the highest market share in the global electrical conduit market in 2020 and are expected to continue this trend in 2021-2027. The growth is attributable to the rapid growth in the construction of commercial and residential buildings such as hotels, office spaces, shopping malls, hospitals, etc. and the growing need for an effective electrical infrastructure across the globe. Furthermore, the manufacturing and IT and telecommunication industry is expected to grow significantly in the global electrical conduit market due to growing concern for worker safety and minimizing fire incidents in manufacturing and industrial industries.

Regional Overview in the Global Electrical conduit Market

The global electrical conduit market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa. The Asia Pacific region is expected to have the largest share in the global electrical conduit market in the coming years. The rapid expansion of the power distribution network due to high energy consumption and growing IT and telecommunication, manufacturing, and other industrial industries are the primary factors driving the growth of the electrical conduit market in emerging economies such as China, Indonesia, and India.

Global Electrical conduit Market: Competitive Landscape

Companies include Schneider Electric SE., Hubbell Incorporated, Legrand S. A, ABB, Hellermann Tyton, Sekisui Chemical Co., Ltd, Atkore International Group Inc, Champion Fiberglass, Electric-Flex, Wienerberger, ANAMET, and Cantex are the key players in the Electrical Conduit market.

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