Electrical Conduit Market Report 2025

The electrical conduit market size has grown strongly in recent years. It will grow from $7.25 billion in 2024 to $7.77 billion in 2025 at a compound annual growth rate (CAGR) of 7.1%. The growth in the historic period can be attributed to increased building and construction activity, electrical wiring and cable installations, industrial and commercial development, increased demand for safety and protection of electrical wiring, and rapid urbanization and infrastructure development.

The electrical conduit market size is expected to see strong growth in the next few years. It will grow to $10.28 billion in 2029 at a compound annual growth rate (CAGR) of 7.3%. The growth in the forecast period can be attributed to infrastructure upgrades and maintenance, expansion of renewable energy projects, increased demand for fiber optic conduits, smart grid and electrical infrastructure modernization, global market expansion and emerging market growth, and data center and it infrastructure expansion. Major trends in the forecast period include smart building integration, sustainability and eco-friendly conduits, technological advancements in conduit materials, advanced conduit material innovations, and introduction of flexible and rigid conduit solutions.

The increasing demand for electricity or power generation is anticipated to propel the growth of the electrical conduit market. This surge in demand is driven by the rapid industrialization and urbanization, which creates a greater need for electrical conduits. For example, in July 2024, the International Energy Agency, a France-based intergovernmental organization, projected that global electricity demand would rise by approximately 4% in 2024, up from 2.5% in 2023. Consequently, the growing demand for electric power generation is expected to significantly boost the electrical conduit market.

The escalating production in the oil and gas sector is another significant factor propelling the electrical conduit market. Oil and gas production, involving the extraction of crude oil and natural gas, relies on electrical conduits to ensure the safe and reliable operation of electrical systems in these facilities. Conduits play a crucial role in protecting cables, enhancing safety, and contributing to the longevity of electrical equipment in the challenging environments of oil and gas production facilities. Notably, the increase in U.S. crude oil output and record-high natural gas consumption in the U.S. in 2022 and 2023, as reported by the US Energy Information Administration, underscores the growing demand for electrical conduits in supporting the expanding oil and gas production.

Major companies in the electrical conduit market are concentrating on developing innovative solutions, such as premium conduit systems, to enhance durability, elevate safety standards, and address the growing demand for efficient electrical infrastructure in commercial and residential applications. Premium conduit systems refer to high-quality electrical conduits crafted from advanced materials and features that provide increased durability, superior protection for electrical wiring, and better resistance to environmental factors. For example, in July 2022, Termination Technology Limited, a UK-based manufacturer of cable accessories for the electrical wholesaler sector, launched the Premflex range, a premium selection of conduits and glands designed for high performance in various environments. This new product line includes options made from Bare Galv, PVC Coated Galv, and LSZH Coated Galv, available in sizes ranging from M16 to M50. The Premflex range aims to fulfill the needs of contractors seeking durable and easy-to-install products, offering both fixed and swivel gland options.

Major companies in the electrical conduit market are strategically focusing on innovative products, such as the Cable Tight system, to drive revenue growth. The Cable Tight System represents a waterproof electrical conduit system designed to withstand challenging subterranean environments while providing the flexibility for accurate and on-schedule installations. A notable example is Franklin Electric Co. Inc., a US-based company specializing in electrical conduit manufacturing, which launched the Cable Tight system in July 2023. This system utilizes continuous lengths of HDPE conduit with press-fit fittings for quick, precise, and leak-proof conduit installation. The Cable Tight, made of HDPE, is available in ¾' and 1' flexible conduit options and can be easily rolled out into long continuous runs without joints, offering 1,000 or 1,500-foot pre-loaded reels. The Cable Tight system's impenetrable and secure technology ensures reliable performance, allowing sites to remain online for extended durations.

In a strategic move in November 2022, Atkore International Group Inc., a US-based company specializing in electrical and mechanical products, acquired Elite Polymer Solutions for $91.6 million. This acquisition strengthens Atkore's HDPE conduit product offering, broadening its national reach and better meeting the increasing demand for subterranean protection in the telecom, utility, and electrical sectors. Elite Polymer Solutions, a US-based manufacturer of high-density polyethylene (HDPE) conduit, contributes to Atkore's portfolio, enhancing its capabilities and positioning in the electrical conduit market. This strategic acquisition underscores the industry's commitment to innovation and growth through partnerships and the expansion of product offerings to meet evolving market needs.

Major companies operating in the electrical conduit market include ABB Ltd., Atkore International Group Inc., Cantex Inc., Champion Fiberglass Inc., China Lesso Group Holdings Ltd., Dura-Line Corporation, HellermannTyton Group PLC., Hubbell Incorporated, Legrand, Alary & Joquel Company., Nan Ya Plastics Corporation, Robroy Industries Inc., Schneider Electric SE, Sekisui Chemical Co., Thomas and Betts Corporation, Zekelman Industries Inc., AFC Cable Systems, Anamet Electrical Inc., Astral Poly Technik Ltd., Calpipe Industries Incorporated, D.P. Jindal Group, Eaton Corporation PLC., Electri-Flex Company, igus inc., International Metal Hose Company, JM Eagle Inc., Flex-It Co. Inc., Graybar Electric Company Inc., HellermannTyton Ltd., IPEX USA LLC, Kaf-Tech Inc., National Pipe & Plastics Inc., Ocal Ltd.

Electrical conduit refers to tubes designed to house electrical wires for various building or structural applications, providing protection and a designated passage for electrical wiring within a building or structure. The use of electrical conduit helps safeguard wires from external environmental damage over an extended period.

The main types of electrical conduit include rigid and flexible options. Rigid electrical conduit is typically employed outdoors to offer protection and structural support for electrical cables, panels, and other equipment. On the other hand, flexible electrical conduit features a spiral construction that imparts flexibility, allowing it to navigate through walls and other structures. It is generally used in dry indoor locations, often for short runs between a wall box and a motor or fixed appliance, such as a garbage disposer. Electrical conduit materials include metallic and non-metallic options, serving various end-use industries such as building and construction, industrial manufacturing, IT and telecom, oil and gas, energy and utility, among others.

The electrical conduit market research report is one of a series of new reports that provides electrical conduit market statistics, including electrical conduit industry global market size, regional shares, competitors with an electrical conduit market share, detailed electrical conduit market segments, market trends and opportunities, and any further data you may need to thrive in the electrical conduit industry. This electrical conduit market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

Asia-Pacific was the largest region in the electrical conduit market in 2024. Asia-Pacific is expected to be the fastest growing market in the electric conduit market during the forecast period. The regions covered in electrical conduit market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, the Middle East, and Africa.

The countries covered in the electrical conduit market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

The electrical conduit market consists of sales of conduit bodies, bends, coupling, drains. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this electrical conduit market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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