According to a new market research report published by Credence Research “Electrical Conduit Systems Market (Rigid & Flexible; Metallic & Non-metallic) - Growth, Share, Opportunities, Competitive Analysis, and Forecast 2015 - 2022” the global electrical conduits market was valued at US$ 3,954.1 Mn in 2014 and is estimated to expand with a CAGR of 9.2% from 2015 to 2022.
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Electrical conduit systems form a subset of cable management systems which are used for carrying cables and wires. Conduits are tubular raceways designed for protection and routing of electrical cables/wires. The electrical conduit system comprises tubing (conduit) and the required fitting components such as elbows, clamps, connectors and others. The most popular types of electrical conduits include galvanized steel rigid conduits (GRC), electrical metallic tubing (EMT), intermediate metal conduit (IMC), aluminum rigid conduit and PVC conduit. By far, GRCs account for the largest share, in terms of revenue, in the global market. However, in terms of penetration, PVC conduit systems account for the largest share worldwide.
ome of the major players such as Atkore International, Inc., Thomas and Betts Corporation, Robroy Industries, Inc. and others accounting for substantial market share.
Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope
1.3 Research Methodology
1.3.1 Phase I – Secondary Research
1.3.2 Phase II – Primary Research
1.3.3 Phase III – Expert Panel Review
1.3.5 Approach Adopted
Chapter 2 Executive Summary
2.1 Market Snapshot: Global Electrical Conduit Systems Market
2.2 Global Electrical Conduit Systems Market, By Product
2.3 Global Electrical Conduit Systems Market, By Material
2.4 Global Electrical Conduit Systems Market, By Application
2.5 Global Electrical Conduit Systems Market, By Geography
Chapter 3 Market Dynamics
3.1.1 Global Electrical Conduit Systems Market Revenue and Growth, 2014 – 2024, (US$ Mn) (Y-o-Y %)
3.2 Key Trends Analysis
3.2.1 Evolution of Electrical Conduit Systems
3.2.2 Recent Trends and Outlook
3.3 Market Drivers
3.3.1 Rising construction industry worldwide ...
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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.)
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.
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
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.
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