Electrical Conduit Pipe Market Scope
An electrical conduit may be a tube used to ensure and route electrical wiring in a building. It may be made of metal, plastic, fiber, or fired clay. Most conduits are inflexible, but flexible conduit is used for some purposes. Conduit is generally installed by electricians at the site of installation of electrical equipment. Its use, shape, and installation details are regularly indicated by wiring regulations. Conduits are erosion safe, water proof, don't support combustion, and are fire resistant. Frequent wiring changes are made less complex and safer by the use of electrical conduit, as existing conductors can be withdrawn and new conductors be installed, with small disruption along the path of the conduit. Some sorts of conduit are approved for direct encasement in concrete. This is often used in commercial buildings to permit electrical and communication outlets to be installed within the middle of large open zones.
The Electrical Conduit Pipe market study is segmented by Type (Rigid Conduit Pipes and Flexible Conduit Pipes (Flexible Metallic Conduit, Liquid-Tight Flexible Metal Conduit, Flexible Metallic Tubing Conduit, Liquid-Tight Flexible Non-Metallic Conduit)), by Application (Electrical Wire Cables and IT & Telecommunication) and major geographies with country level break-up.
The companies are exploring the market by adopting expansions, investments, and new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions across the globe to gain a competitive advantage through combined collaborations. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Electrical Conduit Pipe market throughout the predicted period.
Queen city plastics inc. (United States), Aliaxis Group S.A. (Belgium), Sekisui Chemical Co., Ltd. (Japan), Wienerberger AG (Austria), National Pipe & Plastics Inc. (United States), Cantex Inc. (United States), Atkore International Group Inc. (United States), Orbia Advance Corporation (Mexico), Astral Polytechnik Limited (India), China Lesso Group Holdings Ltd. (China), JM Eagle, Inc. (United States) and Nan Ya Plastics Corp. (Taiwan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are D.P. Jindal Group (India), Pipelife International GmbH (Austria), Zekelman Industries Inc. (United States), OPW Corporation (United Sttates), Premier Conduit Inc. (United States), International Metal Hose Company (United States) and Sanco Industries Ltd. (India).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Electrical Conduit Pipe market by Type, Application and Region.
On the basis of geography, the market of Electrical Conduit Pipe has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In Aug 2019, Atkore International Group Inc. announced that is has acquired Rocky Mountain Colby Pipe Company, a pioneer in PVC conduit & conduit items sold under the Cor-Tekô brand name., and In Oct 2020, Atkore has announced acquisition of Queen City Plastics Inc, a manufacturer of PVC conduit.
- Substantial Changes in the Industrial Sector is Also Expected to Trigger the Development
- Schemes toward Improvement of Residential and Commercial Facilities
- Increase in Residential and Commercial Projects
- Rapid Urbanization
- Increasing Safety Measures and Upgrade of Traditional Gas Pipe
- Developing Countries Present Huge Opportunity because of Increasing Investments in New Infrastructures in those Countries
- Less Esthetically Appealing as Compared to the Concealed Wiring System
- Higher Cost of Installation
- Availability of Substitute
- Stiff Competition Among the Major Players
Key Target AudienceNew Entrants/Investors, Analysts and Strategic Business Planners, Electrical Conduit Pipe Manufacturer, Raw Material Suppliers, Dealers, Suppliers, Traders, and Distributors, Venture Capitalists and Private Equity Firms, Government Regulatory and Research Organizations and End-Use Industry
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Electrical Conduit Pipe Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.