Cable Conduit Systems Market Report by Type (Rigid Cable Conduit Systems, Flexible Cable Conduit Systems), End User (Manufacturing, Commercial Construction, IT and Telecommunication, Healthcare, Energy, and Others), and Region 2024-2032
The global cable conduit systems market size reached US$ 7.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 11.9 Billion by 2032, exhibiting a growth rate (CAGR) of 5.3% during 2024-2032.
Market Size in 2023
US$ 7.4 Billion
Market Forecast in 2032
US$ 11.9 Billion
Market Growth Rate 2024-2032
Cable conduit systems are made using metallic or polyvinyl chloride (PVC) materials that provide excellent protection against dirt and dampness and resistance against extreme temperature loads. They are widely used in machinery and plant construction, wherein excellent tensile strength, flexibility, flame-retardant, and mechanical impact and abrasion resistance are required. Nowadays, as the requirements in cable protection are becoming increasingly complex, manufacturers around the world are offering a comprehensive range of cable conduit systems that are self-extinguishing and safeguard from corrosion and ultraviolet (UV) radiations.
Cable Conduit Systems Market Trends:
A significant increase in the number of housing projects on account of rapid urbanization and inflating income levels is boosting the electrical installation of cabling and associated devices, such as switches, sockets, light fittings, and distribution boards, in a structure. This, in confluence with the escalating use of household electronic appliances, represents one of the key factors catalyzing the demand for cable conduit systems in electrical wiring. In addition, the implementation of stringent fire safety regulations for public buildings is contributing to the market growth. Apart from this, the growing adoption of a convenient means of transportation due to the rising population of working professionals and shifting lifestyle preferences is promoting the usage of cable conduit systems in the electrification of rail infrastructure. Furthermore, market players are introducing corrugated conduits and protective hoses with innovative properties to protect valuable cables against unfavorable external influences in vehicles. This, along with the emerging popularity of smart protection systems worldwide for enhancing mobility and safety of vehicles, is projected to drive the applications of cable conduit systems in the automotive industry across the globe.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global cable conduit systemsmarket report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on type and end user.
Breakup by Type:
Rigid Cable Conduit Systems
Flexible Cable Conduit Systems
Breakup by End User:
IT and Telecommunication
Breakup by Region:
Middle East and Africa
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Atkore International Inc., Cantex Inc. (Mitsubishi Corporation), Champion Fiberglass Inc., Dura-Line Corporation (Orbia), Eaton Corporation PLC, Electri-Flex Company, Hubbell Incorporated, igus GmbH, Legrand and Schneider Electric SE.
Base Year of the Analysis
Type, End User, Region
Asia Pacific, Europe, North America, Latin America, Middle East and Africa
United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
ABB Ltd., Atkore International Inc., Cantex Inc. (Mitsubishi Corporation), Champion Fiberglass Inc., Dura-Line Corporation (Orbia), Eaton Corporation PLC, Electri-Flex Company, Hubbell Incorporated, igus GmbH, Legrand and Schneider Electric SE.
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Key Questions Answered in This Report
The global cable conduit systems market was valued at US$ 7.4 Billion in 2023.
We expect the global cable conduit systems market to exhibit a CAGR of 5.3% during 2024-2032.
The emerging trend of smart protection systems for enhancing mobility and safety of vehicles, along with the introduction of corrugated conduits and protective hoses to protect valuable cables against unfavorable external influences in vehicles, is primarily driving the global cable conduit systems market.
The sudden outbreak of the COVID-19 pandemic had led to the implementation of stringent lockdown regulations across several nations, resulting in the temporary closure of numerous end-use industries for cable conduit systems.
Based on the type, the global cable conduit systems market has been divided into rigid cable conduit systems and flexible cable conduit systems. Currently, rigid cable conduit systems hold the majority of the total market share.
Based on the end user, the global cable conduit systems market can be bifurcated into manufacturing, commercial construction, IT and telecommunication, healthcare, energy, and others. Among these, manufacturing exhibits a clear dominance in the market.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where North America currently dominates the global market.
Some of the major players in the global cable conduit systems market include ABB Ltd., Atkore International Inc., Cantex Inc. (Mitsubishi Corporation), Champion Fiberglass Inc., Dura-Line Corporation (Orbia), Eaton Corporation PLC, Electri-Flex Company, Hubbell Incorporated, igus GmbH, Legrand, and Schneider Electric SE.
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