Electrical Conduit Systems Market By Product (Rigid, Flexible Electrical Conduit Systems), End User (IT & Telecommunication, Public Infrastructure, Industrial Manufacturing, Energy & Utilities, Oil & Gas, Commercial Construction, Residential Construction, Metals & Mining & Others), Material (Metallic, Non-Metallic conduit systems) - Growth, Share, Opportunities & Competitive Analysis, 2015 - 2022

Electrical conduit systems refer to a subset of cable management systems used for protection and routing of electrical wires/cables. These are tubular structures designed to carry wires and cables and are available in rigid as well as flexible forms. Electrical conduit systems are available in both metallic as well as non-metallic materials. The most significant factor fueling the market growth is rising construction industry worldwide. The market is majorly supported by the residential and industrial sectors. Additionally, due to various competitive advantages over traditional wiring methods, conduit systems are increasingly being adopted for wiring installation. Nevertheless, high costs (especially metallic conduit systems) and availability fo substitutes such as cable trays, raceways and cable ladders is are major factors hindering the market growth. The electrical conduit systems market worldwide stood at revenue of US$ 3,954.1 Mn in 2014. The market is expected to expand with a CAGR of 9.2% during the forecast period from 2015 to 2022.

Electrical Conduit Systems Market

Purpose of the Report
The purpose of this strategic research study titled “Global Electrical Conduit Systems Market- Growth, Share, Opportunities and Competitive Analysis, 2015 – 2022” is to offer industry investors, company executives, and industry participants with in-depth insights to enable them make informed strategic decisions related to the opportunities in the global electrical conduit systems industry.

Target Audience

  • Industry Investors
  • Electrical Conduit System Manufacturers
  • Conduit Fittings Manufacturers
  • Cable Management Products Manufacturers
  • Distributors

USPs and Key Offerings
The report titled “Global Electrical Conduit Systems Market- Growth, Share, Opportunities and Competitive Analysis, 2015 – 2022” offers strategic insights of the global electrical conduit systems market along with the market size and estimates for the duration 2013 to 2022. The said research study covers in-depth analysis of multiple market segments based on product types, end-use industries and cross-sectional study across different geographies. The industrial manufacturing segment comprises all of the manufacturing sectors such as food & beverages, machine building, automotive, electronics, consumer goods, chemical manufacturing and others. The public infrastructure comprises roadways, railways, public places (airports, railway stations etc.), bridges, tunnels and others. IT & telecommunication segment primarily covers conduit systems used in IT infrastructures (such as data centers) and telecommunication network infrastructure. In order to help strategic decision makers, the report also includes competitive profiling of the leading electrical conduit system manufacturers, their SCOT (Strength, Challenges, Opportunities and Weaknesses) analysis, market positioning and key developments. Other in-depth analysis provided in the report includes:

Current and future market trends to justify the forthcoming attractive markets within the electrical conduit systems industry

  • Market fuelers, market impediments, and their impact on the market growth
  • In-depth competitive environment analysis
  • Value chain analysis
  • Trailing 2-Year market size data (2013 – 2014)
  • SRC (Segment-Region-Country) Analysis

Overall, the research study provides a holistic view of the global electrical conduit systems market, offering market size and estimates for the period from 2015 to 2022, keeping in mind the above mentioned factors.

On the basis of end-use industry, the electrical conduit systems market is categorized into following segments:

  • IT & Telecommunication
  • Public Infrastructure
  • Industrial Manufacturing
  • Energy & Utilities
  • Oil & Gas
  • Commercial Construction
  • Residential Construction
  • Metals & Mining
  • Others (Education, Healthcare etc.)

Electrical Conduit Systems Market

As of 2014, the global electrical conduit systems market is dominated by the residential construction segment. The segment accounted for a market share, in terms of revenue, of over one fourth of the overall market in 2014. PVC conduit systems are the most popular types of conduit systems used in the residential segment. Due to ever-increasing population worldwide, the residential construction is expected to witness steady growth in the coming years. Thus, the segment is estimated to retain its dominant segment throughout the forecast period. The residential segment is followed, in terms of market share, by the industrial and public infrastructure segments.

The industrial manufacturing segment is estimated to witness the highest growth in the coming years. In order to ensure proper physical as well as environmental protection, galvanized steel and PVC-coated metallic conduit systems are popularly used in the industrial manufacturing segment. Since these are among the costliest conduit systems, the segment becomes highly profitable for conduit system manufacturers. The industrial manufacturing segment is expected to be majorly supported by the food & beverages, automotive and chemicals manufacturing sectors. Further, apart from industrial manufacturing, oil & gas and commercial segments are expected to register strong growth in the coming years.

Geography Segmentation Analysis

On the basis of geography, the global electrical conduit systems market is segmented as per following regions and countries:

  • North America
    • U.S.
    • Rest of North America
  • Europe
    • EU7
    • CIS
    • Rest of Europe
  • Asia Pacific
    • Japan
    • China
    • India
    • Australasia
    • Rest of Asia Pacific
  • Rest of the World
    • Middle East and Africa
    • Latin America 

Electrical Conduit Systems Market

The global electrical conduit systems market is dominated by Asia Pacific region accounting for over one third of the total market revenue, as of 2014. The market in Asia Pacific is mainly governed by countries such as China, India and Japan having strong industrial as well as residential construction sectors. Due to increasing population coupled with the industrial development, the region is expected to retain its dominant position in the market throughout the forecast period. Additionally, due to ongoing public infrastructure in India and some of the Southeast Asia countries, the public infrastructure segment too is expected to witness strong growth.

As a result, Asia Pacific is expected to remain the highest growing market for electrical conduit systems in the coming years. Further, Asia Pacific market is followed by North America region due strong penetration of electrical conduit systems across all of the end-use applications. Conduit systems are costlier in North America as compared to Asia Pacific. Moreover, the market is well organized and consolidated in North America in comparison to Asia Pacific and Rest of the World regions.

Material Segmentation Analysis
On the basis of material, the electrical conduit systems market is categorized into following segments:

  • Metallic conduit systems
  • Non-metallic conduit systems

Electrical Conduit Systems Market

The metallic conduit systems segment dominated the global electrical conduit systems market in 2014. The segmented contributed more than fifty percent of the total revenue. The metallic conduit systems segment comprises various materials such as galvanized steel, stainless steel and aluminum among others. Common types of metallic conduit systems include rigid metallic conduit systems (RMC), electrical metallic tubing (EMT), intermediate metallic conduit (IMC), PVC-coated metallic conduit systems and flexible metallic conduit systems. Galvanized steel and stainless steel are among the costliest materials used in conduit systems. These are largely used in the industrial manufacturing, oil & gas and energy & utilities segment to ensure optimum safety. Due to their high cost and superior protection advantages, the segment becomes highly profitable for conduit system manufacturers.

The non-metallic conduit systems segment includes materials such as polyvinyl chloride (PVC), nylon, high density polyethylene (HDPE), polypropylene (PP) and others. These conduit systems offer fairly high physical protection and are resistant to most of the environmental hazards such as chemical reactions, humidity and corrosion. These are among the cheapest and most convenient materials used in conduit systems. Due to their light weight, these conduit systems can be easily transported, handled and offer convenient installation. Hence, these conduit systems help reducing the overall installation cost. Due to these factors non-metallic conduit systems segment is expected to register the highest growth in the coming years.

Electrical conduit system refers to a tubular enclosure used for protecting and routing electrical cables. The entire system comprises tubing and fitting components required for wiring installation. Most of the electrical conduit systems used are rigid due to their high strength over flexible conduit systems. Electrical conduit systems offer excellent protection to the enclosed cables/wires from different external parameters such as moisture, impact and chemical reactions. Also, electrical conduits are capable of carrying large number of cables. Depending upon the number of cables to be routed, electrical conduits with wider diameter are available in market making these preferable over traditional types of wiring systems. The common types of electrical conduit systems are listed below:

  • Rigid Metal Conduit (RMC)/Galvanized Steel Rigid Conduit (GRC)
  • Intermediate Metallic Conduit (IMC)
  • Electrical Metallic Tubing (EMT)
  • PVC Conduit
  • PVC-coated Metallic Conduit
  • Flexible Metallic Conduit
  • Flexible Non-metallic Conduit

The history of electrical conduit systems date back to the early 1900s. Traditionally, fluid pipes and gas pipes were used for wiring installation. Due better protection offered by these tubular enclosures, development of electrical conduits specifically for wiring installation became popular. Steel electrical conduit systems are among the first types of conduits used for wiring installation. With growing adoption of conduit systems in wiring installation, other materials such as galvanized steel, aluminium and coated steel. Due to their high strength and corrosion resistance, galvanized steel has become the most popular material for conduit systems in industrial environments. Further, with increasing penetration of conduit systems coupled with need for cost reduction, the polyvinyl chloride (PVC) became the most preferred material for conduit production. Over the course of time, PVC has become the dominant material, in terms of penetration, in the overall conduit systems market. This is majorly due to their low cost, good strength and resistance to corrosion and chemical reactions. Due to these properties, PVC conduit systems have become the largest used material in residential and commercial construction applications.

With advancement of conduit systems coupled with need for flexible wiring installation, flexible conduit systems were developed. Non-metallic materials such as PVC, nylon, high definition polyethylene (HDPE) are by far the most popular materials used in flexible conduit systems. Flexible conduit systems are used where there is frequent need for wiring alteration and in critical spaces. These conduit systems offer excellent strength and ease of installation especially in the case of underground wiring. Due to these factors, the flexible conduit systems have witnessed strong penetration over the period of time.

Electrical conduit systems are used in various end-use industries such as industrial manufacturing, commercial construction, public infrastructure, residential construction, oil & gas and others. Residential construction segment is by far the largest consumer, in terms of revenue, of the electrical conduit systems. Due to rising population worldwide coupled with the construction industry, the segment is expected to remain the dominant consumer in the coming years. Nevertheless, major concern for the market is availability of large number of substitutes. Major substitutes for electrical conduit systems are cable trays, cable ladders, raceways and others.

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Published Date:  Mar 2016
Category:  Technology & Media
Report ID:   57741
Report Format:   PDF
Pages:   120
Rating:    4.2 (60)
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