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Flexible Electrical Conduit Market - By Trade Size (½ to 1, 1 ¼ to 2, 2 ½ to 3, 3 to 4, 5 to 6), By Configuration (Flexible Metallic, Liquid-Tight Flexible Metal, Flexible Metallic Tubing, Liquid-Tight Flexible Non-Metallic), Application, End Use & Forecast, 2024 - 2032

  • Report ID: GMI5923
  • Published Date: Jun 2023
  • Report Format: PDF

Flexible Electrical Conduit  Market Size

Flexible Electrical Conduit Market size surpassed USD 1.7 billion in 2023 and is anticipated to expand at 8.3% CAGR from 2024 to 2032 owing to the rising apprehensions toward electrical supply issues, fire dangers, health hazards, and operational safety. Emerging economies are actively engaged in augmenting their electrical infrastructure and upgrading current grid networks, thereby establishing a favorable business environment. Additionally, companies within the industry are consistently improving their product portfolios and engaging in mergers and acquisitions to reinforce their market position, which in turn contributes to a promising future industry growth.

In recent years, the flexible electrical conduit industry has experienced significant growth, driven by the introduction of advanced technologies including Liquid-Tight Flexible Non-Metallic (LFNC) and others that offer improved flexibility and enhanced security. Furthermore, they can also be cut to desired lengths easily, further streamlining the installation process. Flexible conduits provide excellent protection for electrical wiring as they shield the wires from physical damage, moisture, dust, and other environmental factors. This protection helps prevent electrical faults, short circuits, and potential hazards, ensuring a safer electrical installation, which in turn boosts the market share for flexible conduit systems across electrical conduit market.

COVID-19 Impact

The flexible electrical conduit market has been significantly impacted by the COVID-19 pandemic. Global supply chains have been disrupted, leading to delays and shortages in the production and distribution of conduit materials and components. The construction industry, a major consumer of electrical conduit, has been heavily affected by the pandemic. Lockdown measures, social distancing requirements, and financial uncertainties have resulted in project delays, cancellations, and shifting priorities. Consequently, the product demand has declined.

However, as efforts to restart non-essential activities continue and effective vaccines are rolled out to control the spread of the virus, the industry is expected to recover. Additionally, the increasing demand for electricity in residential sectors has boosted the need for efficient wiring and cables, driving the business growth in the future.

Flexible Electrical Conduit Market Trends

The flexible electrical conduit market has been witnessing a substantial rise in demand due to the growing infrastructure and construction projects globally. Rising concerns toward safety and fire protection in residential, commercial and industrial sectors have proliferated the industry outlook. Continuous technological advancements in materials, manufacturing processes, and design have led to the development of more advanced and efficient flexible conduit systems. These advancements offer enhanced features such as improved flexibility, durability, and ease of installation, which further drive market growth.

Furthermore, the need for upgrading and modernizing existing electrical infrastructure through retrofit and renovation projects drives the demand for flexible electrical conduit systems. These systems provide a flexible and adaptable solution for incorporating new wiring installations or replacing outdated systems, thereby fuelling the market growth.

Flexible Electrical Conduit Market Analysis

Flexible Electrical Conduit Market Size, By Configuration,

The LFMC flexible electrical conduit market is rapidly increasing and is projected to witness 8.5% growth rate during 2023-2032. LFMCs are typically made from corrosion-resistant materials such as galvanized steel or aluminum, which ensures long-term durability and protection, even in corrosive environments. LFMC is often UV-resistant, which in turn allows it to withstand exposure to sunlight without degrading or deteriorating, further complementing the product deployment across construction industry.

Flexible Electrical Conduit Market Share, By Application,

Flexible electrical conduit industry, in the recent years, have noted a substantial demand from energy sector, thereby generating USD 1.2 billion revenues in 2032 from the energy sector. The growing demand for electricity, fuelled by factors such as population growth, urbanization, and industrialization, has created a significant need for reliable electrical infrastructure. This demand has led to an increased installation of electrical conduits, which play a crucial role in protecting and routing electrical wires and cables. The emphasis on renewable energy sources, such as solar and wind power, has also contributed to the industry expansion.

As new renewable energy projects are developed, flexible electrical conduits are necessary for the efficient transmission of electricity from these sources to the grid or end-users, thereby influencing flexible electrical conduit market growth. Moreover, the upgradation and modernization of existing energy infrastructure, including substations, power plants, and distribution networks, further increase the demand for the technology. Ongoing improvement and replacement of existing infrastructure will boost the product deployment in order to ensure the safe and efficient distribution of electricity, thus fuelling the business development.

Residential sector held the major industry share in 2022, with a valuation of USD 450 million and is expected to cross USD 1.1 billion by 2032. Ongoing rise in residential construction has created a positive growth scenario for flexible electrical conduit industry. These units are preferred across the residential sector due to their ease of installation, adaptability to different wiring configurations, and the ability to route wiring through tight spaces. The residential sector is increasingly focused on energy efficiency and sustainable practices including the acceptance of energy-efficient lighting, smart home systems, and renewable energy technologies.

The rising integration of new energy efficient technologies will fuel a requirement for effective and safe wiring in the building, which in turn will bolster the flexible electrical conduit market expansion in the coming years. In addition, the residential sector places high importance on safety standards and compliance with electrical codes, thus propelling a need for reliable and safe installation of electric wires and cables.

Asia Pacific Flexible Electrical Conduit Market Size,

Asia Pacific flexible electrical conduit industry is estimated to witness 9% growth till 2032, subjected to the ongoing industrialization, and commercialization across countries including China, India, Japan and others. Many countries in the region are heavily investing in infrastructure development projects, including transportation, energy, and telecommunications which require extensive wiring and cabling, thus bolstering the demand for electrical conduits. The APAC is known for its thriving manufacturing and industrial sectors. These sectors require robust electrical infrastructure for power distribution and machinery installations. The conduit systems provide the flexibility and protection needed in these dynamic industrial environments, flourishing their regional demand.

The growing focus on renewable energy contributes to the flexible electrical conduit market demand. Hence, the regional governments are implementing favorable initiatives and regulations to promote infrastructure development and ensure electrical safety standards. These initiatives include the enforcement of building codes that mandate the use of high-quality electrical conduit systems, in this manner enhancing the product demand in the region.

Flexible Electrical Conduit Market Share

Major participants in the industry’s competitive landscape include:

  • ABB
  • Hubbell
  • Anamet Electrical Inc
  • Schneider Electric
  • Electri-Flex Company
  • HellermannTyton
  • legrand
  • Wienerberger AG
  • Southwire Company LLC
  • Atkore
  • Dongguan FlexGlory Machinery Accessories Co., Ltd.,
  • Kaiphone Technology Co. Ltd.

These flexible electrical conduit market players are strategically prioritizing the development of advanced conduit units to provide highly reliable electrical infrastructure solutions. Moreover, these companies are actively pursuing collaborations and supply contracts with wire & cable manufacturers and raw material suppliers to enhance their market.

Flexible Electrical Conduit Industry News:

  • In May 2023, ABB has recently inaugurated a new distribution center in Pennsylvania, U.S. This state-of-the-art center, valued at USD 4 million, will serve the electrical requirements of the Northeast region of the country. It will effectively meet the rising demand for reliable electrical products by providing an extensive inventory worth USD 15 million. The establishment of this distribution center will strengthen ABB's presence in the Northeast region and enable them to efficiently respond to customer needs, thereby expanding their customer base.
  • In November 2022, Atkore recently completed the acquisition of assets from Elite Polymer Solutions, a manufacturer of High Density Polyethylene (HDPE) conduits. The purchase price for this acquisition amounted to USD 91.6 million. This strategic move by Atkore is expected to bolster their HDPE product portfolio, reinforcing their position in the market. Additionally, the acquisition will expand the company's national presence and open up opportunities for their products in utility, telecommunication, and transportation industries.

The flexible electrical conduit market research report includes an in-depth coverage of the industry with estimates & forecast in terms of USD Million from 2019 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

  • Flexible Metallic (FMC)
  • Liquid-Tight Flexible Metal (LFMC)
  • Flexible Metallic Tubing (FMT)
  • Liquid-Tight Flexible Non-Metallic (LFNC)

Market, By Application

  • Rail infrastructure
  • Manufacturing facilities
  • Shipbuilding & offshore facilities
  • Process plants
  • Energy
  • Others

Market, By End Use

  • Residential
  • Commercial
  • Industrial
  • Utility

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


Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of flexible electrical conduit reached valuation of USD 1.7 billion in 2023 and is anticipated expand at 8.3% CAGR during 2024 to 2032 owing to the ongoing development of electrical infrastructure and upgradation of current grid networks.

The demand for liquid-tight flexible metal (LFMC) is projected to attain 8.5% gains between 2023 and 2032 due to the rising adoption in the construction industry.

Asia Pacific flexible electrical conduit business will witness 9% growth rate till 2032, driven by the ongoing industrialization, and commercialization across countries including China, India, Japan, and others

Some of the leading industry players are ABB, Hubbell, Anamet Electrical, Inc., CANTEX INC., Schneider Electric, Electri-Flex Company, HellermannTyton, legrand, Wienerberger AG, Southwire Company, LLC., and Atkore

Flexible Electrical Conduit Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 13
  • Tables & Figures: 524
  • Countries covered: 19
  • Pages: 395
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