Commercial Metal Electrical Conduit Market Size - By Trade Size, Configuration Analysis & Forecast, 2024 - 2032

Commercial Metal Electrical Conduit Market Size

The global commercial metal electrical conduit market was valued at USD 642.4 million in 2023 and is estimated to grow at a CAGR of 6.1% through 2032. The sustained growth is driven by the greater need for durable and flame-resistant wiring in buildings, expansion of infrastructure development projects, and tighter safety standards for electrical wiring. For instance, spending for energy infrastructure, according to estimates by The U.S. Department of Energy, is projected to increase by 20% within the next decade. Meanwhile, the market remains on a positive trajectory due to the development of new conduit materials and installation methods, in addition to the urbanization and industrialization trends.
 

Furthermore, other factors which are driving the commercial metal electrical conduit market are increased government regulation on energy efficiency and safety, increased construction activity particularly in developing countries, and investments in smart grid projects. The increasing number of renewable energy projects and the need for corrosion resistant conduits in extreme conditions will also help grow the market.
 

Commercial Metal Electrical Conduit Market Trends

The growth of the metal electrical conduit industry across commercial sector is fuelled by construction improvement trends, infrastructure expansion, and new safety regulations. One of the key trends is the increasing use of metal conduits, especially galvanized steel and aluminium, for improved performance in highly corrosive conditions. Furthermore, the adoption of green building norms and the construction of smart grids has augmented the need for energy-efficient sustainable wiring. In addition, the infrastructure of many large data centres and the use of automation and industrial IoT in business buildings have boosted the demand for durable electrical conduits.
 

Moreover, an increasing focus on fire safety measures and metal conduits regulatory requirements is propelling the market, which works in favour of the secure and permanent electrical installations in commercial and industrial enterprise projects.
 

Commercial Metal Electrical Conduit Market Analysis

The rigid metal conduits (RMCs) in the commercial sector is estimated to cross over USD 167.6 million by 2032. The growth is spurred by the unique benefits of RMC including their strength, impact, and corrosion resistance, which enable them to withstand aggressive environments conditions. Their ability to endure severe temperatures and mechanical damage make them the conduits of choice in busy and industrial areas. Moreover, RMCs offer perfect protection for electrical wiring in commercial buildings, which increases safety and reduces the risks of fires caused by electrical faults. Also, there is an increasing focus on adopting stringent safety codes which favours the mounting use of RMCs in modern commercial construction to install electrical wiring in a smart and safe manner.
 

The growth of the commercial metal electrical conduit market from 2 ½ to 3 trade sizes segment is expected to grow at over 5% until 2032. This is due to the rising need for large conduits for expanded wiring requirements in modern commercial structures. With the modernization of commercial spaces and complexity of wiring configurations, advanced technologies are requiring more durable and bigger conduits to protect electrical systems and to ease the installation process. Moreover, larger trade size conduits are being increasingly utilized due to the expansion of data centres, industrial automation, and high-tech facilities as they provide better durability, protection, and fire safety. Moreover, stronger investment in infrastructure along with stringent safety codes are also contributing to the market growth.
 

The Asia-Pacific commercial metal electrical conduit market is expected to reach over USD 530 million by 2032. The demand is increasing due to significant urbanization, infrastructure development, and increase in construction activities in the region. For instance, the Asian Development Bank predicts infrastructure spending in Asia to be approximately USD 1.7 trillion every year up until 2030. These factors are expected to contribute to the growth of investment in commercial buildings, data centres, and smart cities, further increasing the need for reliable and robust electrical conduit systems.
 

Moreover, the region is witnessing heightened adoption of metal conduits in commercial buildings due to a shift in some of the construction safety and fire resistance regulations. In addition, increasing industrialization and application of modern technology including automation and IoT is enhancing the need for proper electrical infrastructure, further increasing the market growth.
 

The U.S. commercial metal electrical conduit market is driven by investments in commercial construction, increasing fire safety regulations, and the impact-resistant durable conduit system. The growth of smart buildings, expansion of data centres, and infrastructure modernization projects further propel the market growth. In addition, the development of metal conduits with improved corrosion resistance and sustainability is playing a significant role in the market expansion.
 

Commercial Metal Electrical Conduit Market Share

The commercial metal electrical conduit systems industry is growing steadily as Atkore continues to capture a large share of the market due to his extensive range of products and the distribution channels. Atkore also manufactures high-quality, high-performance conduit systems which are durable and constantly innovates to adapt to the changes in safety regulations, positioning the company as one of the leaders in commercial application market growth.
 

Commercial Metal Electrical Conduit Companies

Some of the key players operating across the commercial metal electrical conduit industry are:

• American Conduit
• Atkore
• Anamet Electrical
• B.E.C. Conduits
• Flexa
• Gibson Stainless & Specialty
• HellermannTyton
• Legrand
• Nucor Tubular Products
• Schneider Electric
• Techno Flex
• Weifang East Steel Pipe
• Zekelman Industries
   

Commercial Metal Electrical Conduit Industry News:

• In August 2022, Atkore came acquired Cascade Poly Pipe & Conduit and Northwest Polymers so they can broaden their product base and their recycling processes. The Cascade Poly Pipe & Conduit focuses on producing high-density polyethylene (HDPE) conduits used for telecommunications, power utilities, and renewables industries. Atkore also enhances its sustainability strategy with the aid of Northwest Polymers, which is a large-scale recycler of industrial plastic scrap. These acquisitions enhance Atkore’s competitiveness in the conduit and recycling businesses while complying with the company’s growth strategy and allow serving its clients with more integrated services and ecofriendly products from different markets.
   

This commercial metal electrical conduit market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million from 2021 to 2032, for the following segments:

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Market, By Trade Size

• ½ to 1
• 1 ¼ to 2
• 2 ½ to 3
• 3 to 4
• 5 to 6
• Others

Market, By Configuration

• Rigid Metal (RMC)
• Galvanized Rigid (GRC)
• Intermediate Metal (IMC)
• Electrical Metal Tubing (EMT)

The above information has been provided for the following regions and countries:

• North America
  • U.S.
  • Canada
  • Mexico 
• Europe
  • France
  • Germany
  • Italy
  • UK
  • Russia
• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Australia
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
• Latin America
  • Brazil
  • Argentina