Electrical Conduit Market Competitive Landscape, Cost Price and Forecast

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Electrical Conduit Market Summary

The global electrical conduit market size was estimated at USD 7.90 billion in 2024 and is projected to reach USD 15.14 billion by 2033, growing at a CAGR of 7.6% from 2025 to 2033. Electrical conduits are protective tubing systems designed to route and safeguard electrical wiring in residential, commercial, and industrial buildings, as well as infrastructure projects. These systems play a critical role in ensuring electrical safety, minimizing wire damage, and supporting long-term reliability, making them essential components in modern construction and industrial installations.

The growing demand for secure and organized wiring systems, coupled with the enforcement of stringent building codes and safety standards, continues to drive the adoption of electrical conduits across various sectors. Rising investments in infrastructure development, urban expansion, and modernization of aging electrical grids worldwide are further expected to boost market growth over the forecast period. Additionally, metal and non-metallic conduits, including PVC, EMT, and HDPE, are gaining traction due to their durability, flexibility, and resistance to harsh environmental conditions, making them suitable for a wide range of applications.

Key Market Trends & Insights

  • The North America electrical conduit market held the largest share of 31.30% of the global market in 2024, supported by well-established construction industries, high safety standards, and large-scale infrastructure projects.
  • The electrical conduit market in the U.S. is expected to grow significantly over the forecast period, driven by ongoing urban development, industrial expansion, and the increasing adoption of advanced wiring solutions for energy efficiency and safety.
  • By application, the energy segment held the highest market share of 28.61% in 2024, reflecting the essential role of electrical conduits in power generation, transmission, and distribution systems.
  • Based on material, the metallic segment emerged as a dominant material category in the global market, accounting for a revenue share of over 58.78% in 2024, due to its strength, durability, and ability to withstand mechanical and environmental stress.
  • Based on type, the rigid segment accounted for the largest revenue share of approximately 62.79% in 2024, as rigid conduits offer superior protection and stability for critical wiring systems across industrial and commercial applications.

Order a free sample PDF of the Electrical Conduit Market Intelligence Study, published by Grand View Research.

Market Size & Forecast

  • 2024 Market Size: USD 7.90 Billion
  • 2033 Projected Market Size: USD 15.14 Billion
  • CAGR (2025-2033): 7.6%
  • North America: Largest market in 2024
  • Asia Pacific: Fastest growing market

Key Companies & Market Share Insights

Some key players operating in the global market include Atkore International, Schneider Electric, General Electric, Eaton Corporation, Legrand, Siemens, Southwire Company, Cooper Industries, Hubbell, Robroy Industries, among others. These companies are actively expanding their market footprint through product innovation, strategic acquisitions, and collaborations to enhance their global distribution networks and technology capabilities.

Key Players

  • Atkore International
  • Thomas & Betts
  • Schneider Electric
  • Legrand
  • Siemens
  • General Electric
  • Eaton Corporation
  • Southwire Company
  • Cooper Industries
  • Hubbell
  • Robroy Industries
  • Sekisui Chemical Co., Ltd.
  • Aliaxis SA
  • Dura-Line Corporation
  • Anamet Electrical, Inc.

Explore Horizon Databook – The world's most expansive market intelligence platform developed by Grand View Research.

Conclusion

The global electrical conduit market is poised for steady growth as demand for safe, organized, and durable wiring systems continues to rise across residential, commercial, and industrial sectors. Increasing infrastructure development, modernization of power grids, and stringent safety regulations are key drivers of market expansion. North America, particularly the U.S., remains a dominant contributor due to advanced construction practices and regulatory compliance. Metallic and rigid conduits lead the market due to their reliability and protective qualities. With rising investments in energy, infrastructure, and urban development, the adoption of electrical conduits is expected to expand consistently, ensuring long-term market growth through 2033.

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