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Metal Electrical Conduit Market Share

Report ID: GMI5873
Published Date: May 2023
Report Format: PDF

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Metal Electrical Conduit Market Share

Major participants in the metal electrical conduit market include

Schneider Electric
Anamet Electrical, Inc.
Atkore
HellermannTyton
legrand
Zekelman Industries
Nucor Tubular Products
Gibson Stainless & Specialty Inc.
Weifang East Steel Pipe
Flexa GMbH
Techno Flex
American Conduit

These key players are strategically prioritizing the advancement of their conduit units to provide enhanced and dependable electrical infrastructure. Additionally, these companies are actively pursuing collaborations and supply contracts with wire & cable manufacturers and raw material suppliers to gain a competitive advantage in the industry.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of metal electrical conduit was worth around USD 3.1 billion in 2023 and is anticipated to reach over USD 5.6 billion by 2032 driven by the growing apprehensions pertaining to electrical supply issues, fire dangers, health hazards, and operational safety.

The energy application segment is set to register more than 5.5% CAGR over 2023-2032 attributed to the surging demand for electricity, fueled by factors like population growth, urbanization, and industrialization.

The Asia Pacific metal electrical conduit market amassed more than USD 1.2 billion in 2022 and is projected to grow at over 7.5% CAGR through 2032 attributed to the ongoing industrialization and urbanization, coupled with rising population across the region.

Schneider Electric, Anamet Electrical, Inc., Atkore, HellermannTyton, Legrand, Zekelman Industries, Nucor Tubular Products, Gibson Stainless & Specialty Inc., Weifang East Steel Pipe, Flexa GMbH, Techno Flex, and American Conduit are some of the leading enterprises in the market.