유틸리티용 전선관 시장 전망(-2030년) : 재료 유형별, 공칭 직경별, 정격 전압별, 용도별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Utility Electrical Conduit Market is accounted for $2.5 billion in 2023 and is expected to reach $4.7 billion by 2030 growing at a CAGR of 9.5% during the forecast period. Utility electrical conduit is a protective piping system used to contain and route electrical wiring in various utility applications. Typically made of materials such as PVC, steel, or aluminum, it safeguards electrical cables from damage caused by environmental factors like moisture, debris, and physical impact. Utility electrical conduit ensures safety, organization, and longevity of electrical installations in outdoor and industrial settings.

According to the International Energy Agency, In 2020, global energy investment totaled around $1.6 trillion, with the largest shares going to electricity networks, renewable energy, and fossil fuel supply.

Market Dynamics:

Driver:

Growing demand for electricity infrastructure and utility projects

As rising urbanization and industrialization continue to expand globally, there is an increasing need for reliable electrical distribution systems to power residential, commercial, and industrial establishments. This demand fuels the requirement for utility electrical conduits, which provide a protective pathway for wiring and cables, ensuring safety and efficiency in electrical installations. Consequently, manufacturers witness heightened demand, driving growth in the utility electrical conduit sector.

Restraint:

Regulatory challenges and compliance requirements in different regions

Different regions often have varying standards and regulations governing the installation and use of electrical conduits, leading to complexities for manufacturers and suppliers. Compliance with these regulations adds to the overall cost and time involved in product development and distribution. Moreover, navigating through diverse regulatory landscapes can be challenging for companies operating across multiple jurisdictions, potentially limiting market penetration.

Opportunity:

Integration of IoT and digitalization in electrical conduit systems

By incorporating IoT sensors and digital technologies into conduit systems, utilities can enhance the monitoring, control, and maintenance of electrical infrastructure. This enables real-time data collection on factors like temperature, humidity, and current flow, facilitating predictive maintenance and minimizing downtime. Moreover, digitalization allows for remote monitoring and management, improving operational efficiency and reducing costs. Overall, this integration enhances the reliability, performance, and sustainability of utility electrical conduit systems, driving market growth.

Threat:

Limited adoption in rural or remote areas

Limited adoption in rural or remote areas poses a significant threat to the utility electrical conduit market. These regions often lack proper infrastructure and resources, making it challenging to install and maintain electrical conduit systems. Additionally, the cost of extending utility networks to remote areas can be prohibitive. As a result, suppliers may face reduced demand and revenue potential in these areas, impacting their overall market growth.

Covid-19 Impact:

The COVID-19 pandemic has impacted the utility electrical conduit market by disrupting supply chains, delaying construction projects, and reducing demand for infrastructure development. Lockdown measures and economic uncertainties have led to project cancellations or postponements, affecting the adoption of electrical conduit systems. However, the market is expected to recover as construction activities resume and governments prioritize infrastructure investment for economic recovery and resilience.

The metal conduit segment is expected to be the largest during the forecast period

The metal conduit segment is projected to dominate the utility electrical conduit market during the forecast period. Metal conduits, such as steel and aluminum, offer superior durability, fire resistance, and mechanical protection compared to other materials. They are widely used in utility applications where robustness and reliability are essential, particularly in harsh environments. Additionally, metal conduits often meet stringent regulatory standards, further driving their adoption in utility infrastructure projects.

The 2 1/2 to 3 inch segment is expected to have the highest CAGR during the forecast period

The 2 1/2 to 3 inch segment is projected to experience the highest compound annual growth rate in the utility electrical conduit market during the forecast period. This growth is attributed to increased demand for larger conduit sizes in utility infrastructure projects, such as transmission and distribution networks. These sizes accommodate the installation of multiple cables and support the growing need for power transmission and distribution, particularly in urban and industrial areas undergoing expansion and modernization.

Region with largest share:

The Asia Pacific region is positioned to lead the utility electrical conduit market due to rapid industrialization, urbanization, and infrastructural development initiatives. Countries like China, India, and Southeast Asian nations are experiencing robust growth in utility projects, driven by rising electricity demand and government investments in infrastructure. Moreover, increasing adoption of smart grid technologies and renewable energy projects further fuels the demand for electrical conduits in the region, solidifying its dominance in the market.

Region with highest CAGR:

North America is positioned for substantial growth in the utility electrical conduit market due to the region's robust infrastructure development projects, particularly in the United States and Canada, which are driving demand for electrical conduit systems. Additionally, stringent regulations promoting the adoption of sustainable and resilient infrastructure further stimulate market growth. With increasing investments in utility upgrades, smart grid initiatives, and renewable energy projects, North America presents lucrative opportunities for players in the utility electrical conduit market.

Key players in the market

Some of the key players in Utility Electrical Conduit Market include ABB Group, Anamet Electrical, Inc., ASTRAL Limited, Atkore International, CANTEX INC., Champion Fiberglass, Inc., Dura-Line, Eaton Corporation, Electri-Flex Company, Guangdong Ctube Industry Co., Ltd., HellermannTyton, Hubbell Incorporated, Legrand, Prysmian Group, Schneider Electric, Southwire Company, Tubecon and Zekelman Industries.

Key Developments:

In May 2023, ABB inaugurated a new distribution center in Pennsylvania, USA, with an investment of USD 4 million. This center caters to the electrical needs of the northeastern region, aiming to meet the increasing demand for reliable electrical products. With an extensive inventory valued at USD 15 million, the facility enhances ABB's presence in the Northeast and improves customer accessibility by enabling swift responses to end-user requirements.

In November 2022, Atkore finalized the acquisition of assets from Elite Polymer Solutions, a leading manufacturer of High-Density Polyethylene (HDPE) conduits, for USD 91.6 million. This strategic acquisition is set to enhance Atkore's HDPE product range, strengthening its market position. Furthermore, the move will broaden the company's geographic footprint nationally and unlock new prospects for its products across utility, telecommunication, and transportation sectors.

In August 2022, Atkore Inc. announced the acquisitions of two separate but related Oregon-based companies doing business as Cascade Poly Pipe & Conduit ("Cascade") and Northwest Polymers. Cascade is a manufacturer specializing in smooth wall HDPE conduit made from recycled materials, primarily serving the telecommunications, utility and datacom markets and Northwest Polymers is a leading recycler of PVC, HDPE and other plastics and a strategic supply partner to Cascade and other manufacturers in the region.

Material Types Covered:

• Metal Conduit
• Non-Metallic Conduit

Trade Sizes Covered:

• Up to 1 Inch
• 1 1/4 to 2 Inch
• 2 1/2 to 3 Inch
• 3 to 4 Inch
• 5 to 6 Inches and Above

Voltage Ratings Covered:

• Low Voltage Conduit (Up to 1 kV)
• Medium Voltage Conduit (1 kV to 35 kV)
• High Voltage Conduit (Above 35 kV)

Applications Covered:

• Communication Cabling
• Overhead Conduit Systems
• Power Distribution
• Power Transmission
• Other Applications

End Users Covered:

• Residential
• Commercial
• Industrial

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Application Analysis
• 3.7 End User Analysis
• 3.8 Emerging Markets
• 3.9 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Utility Electrical Conduit Market, By Material Type

• 5.1 Introduction
• 5.2 Metal Conduit
  • 5.2.1 Rigid Conduit
    • 5.2.1.1 Steel
    • 5.2.1.2 Intermediate Metal Conduit (IMC)
    • 5.2.1.3 Electrical Metallic Tubing (EMT)
  • 5.2.2 Aluminum Conduit
• 5.3 Non-Metallic Conduit
  • 5.3.1 Polyvinyl Chloride (PVC) Conduit
  • 5.3.2 High-Density Polyethylene (HDPE) Conduit
  • 5.3.3 Glass-Fiber Reinforced Plastic (GFRP) Conduit
  • 5.3.4 Other Non-Metallic Conduits

6 Global Utility Electrical Conduit Market, By Trade Size

• 6.1 Introduction
• 6.2 Up to 1 Inch
• 6.3 1 1/4 to 2 Inch
• 6.4 2 1/2 to 3 Inch
• 6.5 3 to 4 Inch
• 6.6 5 to 6 Inches and Above

7 Global Utility Electrical Conduit Market, By Voltage Rating

• 7.1 Introduction
• 7.2 Low Voltage Conduit (Up to 1 kV)
• 7.3 Medium Voltage Conduit (1 kV to 35 kV)
• 7.4 High Voltage Conduit (Above 35 kV)

8 Global Utility Electrical Conduit Market, By Application

• 8.1 Introduction
• 8.2 Communication Cabling
• 8.3 Overhead Conduit Systems
• 8.4 Power Distribution
• 8.5 Power Transmission
• 8.6 Other Applications

9 Global Utility Electrical Conduit Market, By End User

• 9.1 Introduction
• 9.2 Residential
• 9.3 Commercial
• 9.4 Industrial

10 Global Utility Electrical Conduit Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 ABB Group
• 12.2 Anamet Electrical, Inc.
• 12.3 ASTRAL Limited
• 12.4 Atkore International
• 12.5 CANTEX INC.
• 12.6 Champion Fiberglass, Inc.
• 12.7 Dura-Line
• 12.8 Eaton Corporation
• 12.9 Electri-Flex Company
• 12.10 Guangdong Ctube Industry Co., Ltd.
• 12.11 HellermannTyton
• 12.12 Hubbell Incorporated
• 12.13 Legrand
• 12.14 Prysmian Group
• 12.15 Schneider Electric
• 12.16 Southwire Company
• 12.17 Tubecon
• 12.18 Zekelman Industries