The United States Electrical Raceway Market: Size, Trends & Forecasts (2016-2020)

Scope of the Report

The report titled The United States Electrical Raceway Market: Size, Trends & Forecasts (2016-2020), provides an in-depth analysis of the United States electrical raceway market by value and by segments. The report also gives an insight of the United States electrical product market.

The report also assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry.

Growth of the overall electrical raceway market has also been forecasted for the period 2016-2020, taking into consideration the previous growth patterns, the growth drivers and the current and future trends. The competition in the United States electrical raceway market is fragmented, with a large number of medium size, independently operated businesses. The four main players in the US electrical raceway market are Atkore International Group Inc., Hubbell Incorporated, LeGrand Holding SA and Schneider Electric, who are also profiled with their financial information and respective business strategies.

Company Coverage

Atkore International Group, Inc.
Hubbell Incorporated
LeGrand Holding SA
Schneider Electric

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Executive Summary

The electrical products are the machines powered by electricity. The electrical products refers only to the components that are part of the electrical distribution system, such as electrical switchboards, circuit breakers and disconnect, electricity meter, electrical raceways, etc. Electrical raceways are the sub-segment of the entire electrical product market. The electrical raceways are the protective covers to safeguard the stray electrical wires and cables that may pose a threat if left unattended. The electrical raceway market can be segmented on the basis of intrinsic nature (rigid and flexible), on the basis of material composition (PVC, aluminium, others), on the basis of deployment (construction, agriculture, etc.) and on the basis of product type (electrical conduit, raceway tools, cable management, etc.).

The United States Electrical Raceway market has increased at a significant CAGR during the years 2012-2015 and projections are made that the market would rise in the next four years i.e. 2016-2020. The electrical raceway market is expected to increase due to growth in construction industry, increasing non-residential construction, rising healthcare expenditure, etc. Yet the market faces some challenges such as, volatile weather conditions, high costs of raw materials, installation barriers, etc.

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