As per Intent Market Research, the Industrial Electrical Conduit Market was valued at USD 3.3 billion in 2024-e and will surpass USD 6.3 billion by 2030; growing at a CAGR of 11.1% during 2025 - 2030.
The industrial electrical conduit market is a vital segment in the construction and energy industries, providing protective pathways for electrical wiring in a variety of industrial applications. Electrical conduits are essential for safeguarding electrical cables from physical damage, moisture, and chemical exposure while also offering enhanced safety against electrical hazards. With the increasing demand for power distribution systems, automation, and infrastructural development, the market for industrial electrical conduits continues to grow.
The adoption of advanced technologies and the rising need for safe, reliable, and efficient electrical installations in industrial environments drive the demand for different types of conduits. The market is benefiting from the expansion of industries such as oil & gas, power generation, and manufacturing, as they require robust and durable conduit systems to meet their operational and safety standards. Furthermore, regulations regarding workplace safety and environmental protection are encouraging the use of high-quality electrical conduit systems, further stimulating the market's growth.
Rigid Metal Conduit (RMC) Is Largest Owing to Durability and Safety Features
Rigid Metal Conduit (RMC) is the largest segment in the industrial electrical conduit market, owing to its high durability and safety features. RMC is made of heavy-duty metal, typically steel, and is known for its robustness in protecting electrical cables against mechanical damage and environmental factors. This type of conduit is commonly used in high-risk environments such as oil & gas facilities, chemical plants, and manufacturing plants where the protection of electrical wiring is critical for safety.
The demand for RMC continues to be driven by its ability to withstand harsh industrial conditions, including high temperatures, corrosive environments, and mechanical stress. Additionally, RMC’s ability to provide grounding capabilities and its compliance with stringent safety standards make it a preferred choice in sectors where electrical hazards need to be minimized. As industries grow and upgrade their electrical systems, RMC will maintain its dominance in the market.
Oil & Gas Application Is Largest Owing to Harsh Environmental Conditions
The oil & gas industry accounts for the largest application segment in the industrial electrical conduit market. The industry requires highly durable and protective electrical systems due to the presence of hazardous conditions such as volatile gases, extreme temperatures, and potential exposure to corrosive substances. Electrical conduit systems play a critical role in safeguarding wiring against external damages, ensuring safe and continuous power transmission in oil rigs, refineries, and pipelines.
Given the high safety and compliance standards of the oil & gas sector, the demand for robust and reliable conduit systems is particularly high. With continuous exploration and production activities, especially in offshore and remote areas, the demand for durable electrical conduit solutions in the oil & gas sector is expected to grow significantly.
Steel Material Is Largest Owing to Strength and Corrosion Resistance
Steel is the largest material type in the industrial electrical conduit market, primarily due to its strength, durability, and resistance to corrosion. Steel conduits, such as RMC and IMC, offer superior mechanical protection for electrical cables, making them ideal for use in industrial environments with high mechanical stresses, vibrations, and exposure to corrosive substances. Steel's versatility allows it to be used in a wide range of applications, from power plants to manufacturing facilities.
Steel also has a long lifespan and requires minimal maintenance, which further enhances its appeal in industrial settings. As industries continue to prioritize safety and long-term reliability, steel remains the material of choice for electrical conduit systems, ensuring its dominance in the market.
Construction End-User Is Largest Owing to Ongoing Infrastructure Development
The construction end-user segment is the largest in the industrial electrical conduit market due to ongoing infrastructure development and the rising demand for residential, commercial, and industrial buildings. The construction industry is a key driver of the market, as electrical conduit systems are essential for powering new buildings, offices, and factories. The growing trend of smart building technologies and sustainable construction is also contributing to the demand for high-quality electrical conduits.
As urbanization continues and the global construction industry expands, particularly in emerging markets, the demand for electrical conduit systems will remain strong. Construction companies are increasingly adopting electrical conduit systems that provide enhanced safety, durability, and compliance with building regulations, further bolstering the growth of the market.
Flexible Metal Conduit (FMC) Is Fastest Growing Owing to Versatility and Ease of Installation
Flexible Metal Conduit (FMC) is the fastest-growing segment in the industrial electrical conduit market, driven by its versatility, flexibility, and ease of installation. FMC is particularly beneficial in areas where rigid conduit systems are difficult to install due to limited space or complex routing requirements. It is often used for applications where flexibility and movement of electrical cables are needed, such as in machinery, robotics, and industrial equipment.
FMC’s ability to provide effective protection for electrical cables while offering easy handling and installation is increasing its popularity in industrial settings. As automation and flexible manufacturing systems continue to grow, the demand for flexible metal conduit will continue to rise, making it the fastest-growing segment in the market.
Asia-Pacific Is Largest Region Owing to Rapid Industrialization and Infrastructure Development
Asia-Pacific is the largest region in the industrial electrical conduit market, driven by rapid industrialization, urbanization, and infrastructure development. Countries such as China, India, and Southeast Asian nations are experiencing significant growth in their industrial sectors, with large-scale manufacturing plants, power generation facilities, and oil & gas operations driving the demand for reliable and durable electrical conduit systems.
Additionally, the region is increasingly adopting advanced electrical technologies and standards, contributing to the expansion of the industrial electrical conduit market. The continuous development of infrastructure and the rising demand for electricity across the region ensure that Asia-Pacific will remain the dominant market for industrial electrical conduits.
Leading Companies and Competitive Landscape
The industrial electrical conduit market is competitive, with key players such as Schneider Electric, ABB, Eaton, Southwire, and Thomas & Betts leading the industry. These companies are focused on expanding their product offerings through innovation, enhancing the durability, safety, and cost-effectiveness of their conduit solutions.
The competitive landscape is characterized by a focus on technological advancements, sustainability, and compliance with industry standards. Manufacturers are also exploring new materials and designs to meet the evolving needs of industries such as oil & gas, power generation, and construction. Strategic partnerships, acquisitions, and product innovations are key strategies for companies to strengthen their market position and stay ahead in the competitive landscape.
List of Leading Companies:
- Atkore International
- General Electric (GE)
- Hubbell Incorporated
- Southwire Company
- ABB Ltd.
- Schneider Electric
- Legrand
- Emerson Electric Co.
- Thomas & Betts (a subsidiary of ABB)
- Calpipe Industries, Inc.
- Siemens AG
- Cooper Industries (Eaton)
- Allied Tube & Conduit (Atkore)
- Conduit & Fittings (C&F) Manufacturing
- RACO (Eaton)
Recent Developments:
- In December 2024, Atkore International launched a new range of flexible metal conduits designed for industrial applications.
- In November 2024, General Electric (GE) expanded its electrical conduit product line to include advanced PVC solutions for industrial environments.
- In October 2024, Schneider Electric unveiled a new conduit system with enhanced fire-resistant properties for critical industrial applications.
- In September 2024, Southwire Company announced the acquisition of a conduit manufacturing plant to boost production capabilities.
- In August 2024, ABB Ltd. introduced a new series of corrosion-resistant conduits for use in the oil & gas industry.
Report Scope:
Report Features |
Description |
Market Size (2024-e) |
USD 3.3 billion |
Forecasted Value (2030) |
USD 6.3 billion |
CAGR (2025 – 2030) |
11.1% |
Base Year for Estimation |
2024-e |
Historic Year |
2023 |
Forecast Period |
2025 – 2030 |
Report Coverage |
Market Forecast, Market Dynamics, Competitive Landscape, Recent Developments |
Segments Covered |
Industrial Electrical Conduit Market By Conduit Type (Rigid Metal Conduit (RMC), Intermediate Metal Conduit (IMC), Electrical Metallic Tubing (EMT), Flexible Metal Conduit (FMC), Non-Metallic Conduit (PVC)), By Application (Industrial Buildings, Power Plants, Oil & Gas, Manufacturing Facilities), By End-User (Utilities, Construction, Oil & Gas, Chemical Plants), By Material (Steel, Aluminum, PVC) |
Regional Analysis |
North America (US, Canada, Mexico), Europe (Germany, France, UK, Italy, Spain, and Rest of Europe), Asia-Pacific (China, Japan, South Korea, Australia, India, and Rest of Asia-Pacific), Latin America (Brazil, Argentina, and Rest of Latin America), Middle East & Africa (Saudi Arabia, UAE, Rest of Middle East & Africa) |
Major Companies |
Atkore International, General Electric (GE), Hubbell Incorporated, Southwire Company, ABB Ltd., Schneider Electric, Legrand, Emerson Electric Co., Thomas & Betts (a subsidiary of ABB), Calpipe Industries, Inc., Siemens AG, Cooper Industries (Eaton), Allied Tube & Conduit (Atkore), Conduit & Fittings (C&F) Manufacturing, RACO (Eaton) |
Customization Scope |
Customization for segments, region/country-level will be provided. Moreover, additional customization can be done based on the requirements |
Frequently Asked Questions
1. Introduction |
1.1. Market Definition |
1.2. Scope of the Study |
1.3. Research Assumptions |
1.4. Study Limitations |
2. Research Methodology |
2.1. Research Approach |
2.1.1. Top-Down Method |
2.1.2. Bottom-Up Method |
2.1.3. Factor Impact Analysis |
2.2. Insights & Data Collection Process |
2.2.1. Secondary Research |
2.2.2. Primary Research |
2.3. Data Mining Process |
2.3.1. Data Analysis |
2.3.2. Data Validation and Revalidation |
2.3.3. Data Triangulation |
3. Executive Summary |
3.1. Major Markets & Segments |
3.2. Highest Growing Regions and Respective Countries |
3.3. Impact of Growth Drivers & Inhibitors |
3.4. Regulatory Overview by Country |
4. Industrial Electrical Conduit Market, by Conduit Type (Market Size & Forecast: USD Million, 2023 – 2030) |
4.1. Rigid Metal Conduit (RMC) |
4.2. Intermediate Metal Conduit (IMC) |
4.3. Electrical Metallic Tubing (EMT) |
4.4. Flexible Metal Conduit (FMC) |
4.5. Non-Metallic Conduit (PVC) |
5. Industrial Electrical Conduit Market, by Application (Market Size & Forecast: USD Million, 2023 – 2030) |
5.1. Industrial Buildings |
5.2. Power Plants |
5.3. Oil & Gas |
5.4. Manufacturing Facilities |
5.5. Others |
6. Industrial Electrical Conduit Market, by End-User (Market Size & Forecast: USD Million, 2023 – 2030) |
6.1. Utilities |
6.2. Construction |
6.3. Oil & Gas |
6.4. Chemical Plants |
6.5. Others |
7. Industrial Electrical Conduit Market, by Material (Market Size & Forecast: USD Million, 2023 – 2030) |
7.1. Steel |
7.2. Aluminum |
7.3. PVC |
7.4. Others |
8. Regional Analysis (Market Size & Forecast: USD Million, 2023 – 2030) |
8.1. Regional Overview |
8.2. North America |
8.2.1. Regional Trends & Growth Drivers |
8.2.2. Barriers & Challenges |
8.2.3. Opportunities |
8.2.4. Factor Impact Analysis |
8.2.5. Technology Trends |
8.2.6. North America Industrial Electrical Conduit Market, by Conduit Type |
8.2.7. North America Industrial Electrical Conduit Market, by Application |
8.2.8. North America Industrial Electrical Conduit Market, by End-User |
8.2.9. By Country |
8.2.9.1. US |
8.2.9.1.1. US Industrial Electrical Conduit Market, by Conduit Type |
8.2.9.1.2. US Industrial Electrical Conduit Market, by Application |
8.2.9.1.3. US Industrial Electrical Conduit Market, by End-User |
8.2.9.2. Canada |
8.2.9.3. Mexico |
*Similar segmentation will be provided for each region and country |
8.3. Europe |
8.4. Asia-Pacific |
8.5. Latin America |
8.6. Middle East & Africa |
9. Competitive Landscape |
9.1. Overview of the Key Players |
9.2. Competitive Ecosystem |
9.2.1. Level of Fragmentation |
9.2.2. Market Consolidation |
9.2.3. Product Innovation |
9.3. Company Share Analysis |
9.4. Company Benchmarking Matrix |
9.4.1. Strategic Overview |
9.4.2. Product Innovations |
9.5. Start-up Ecosystem |
9.6. Strategic Competitive Insights/ Customer Imperatives |
9.7. ESG Matrix/ Sustainability Matrix |
9.8. Manufacturing Network |
9.8.1. Locations |
9.8.2. Supply Chain and Logistics |
9.8.3. Product Flexibility/Customization |
9.8.4. Digital Transformation and Connectivity |
9.8.5. Environmental and Regulatory Compliance |
9.9. Technology Readiness Level Matrix |
9.10. Technology Maturity Curve |
9.11. Buying Criteria |
10. Company Profiles |
10.1. Atkore International |
10.1.1. Company Overview |
10.1.2. Company Financials |
10.1.3. Product/Service Portfolio |
10.1.4. Recent Developments |
10.1.5. IMR Analysis |
*Similar information will be provided for other companies |
10.2. General Electric (GE) |
10.3. Hubbell Incorporated |
10.4. Southwire Company |
10.5. ABB Ltd. |
10.6. Schneider Electric |
10.7. Legrand |
10.8. Emerson Electric Co. |
10.9. Thomas & Betts (a subsidiary of ABB) |
10.10. Calpipe Industries, Inc. |
10.11. Siemens AG |
10.12. Cooper Industries (Eaton) |
10.13. Allied Tube & Conduit (Atkore) |
10.14. Conduit & Fittings (C&F) Manufacturing |
10.15. RACO (Eaton) |
11. Appendix |
A comprehensive market research approach was employed to gather and analyze data on the Industrial Electrical Conduit Market . In the process, the analysis was also done to analyze the parent market and relevant adjacencies to measure the impact of them on the Industrial Electrical Conduit Market . The research methodology encompassed both secondary and primary research techniques, ensuring the accuracy and credibility of the findings.
Secondary Research
Secondary research involved a thorough review of pertinent industry reports, journals, articles, and publications. Additionally, annual reports, press releases, and investor presentations of industry players were scrutinized to gain insights into their market positioning and strategies.
Primary Research
Primary research involved conducting in-depth interviews with industry experts, stakeholders, and market participants across the E-Waste Management ecosystem. The primary research objectives included:
- Validating findings and assumptions derived from secondary research
- Gathering qualitative and quantitative data on market trends, drivers, and challenges
- Understanding the demand-side dynamics, encompassing end-users, component manufacturers, facility providers, and service providers
- Assessing the supply-side landscape, including technological advancements and recent developments
Market Size Assessment
A combination of top-down and bottom-up approaches was utilized to analyze the overall size of the Industrial Electrical Conduit Market . These methods were also employed to assess the size of various subsegments within the market. The market size assessment methodology encompassed the following steps:
- Identification of key industry players and relevant revenues through extensive secondary research
- Determination of the industry's supply chain and market size, in terms of value, through primary and secondary research processes
- Calculation of percentage shares, splits, and breakdowns using secondary sources and verification through primary sources
Data Triangulation
To ensure the accuracy and reliability of the market size, data triangulation was implemented. This involved cross-referencing data from various sources, including demand and supply side factors, market trends, and expert opinions. Additionally, top-down and bottom-up approaches were employed to validate the market size assessment.