Cable Conduit Systems Market Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2022 to 2028

The global cable conduit systems market is anticipated to grow at a CAGR of 7.5% during the forecast period (2022-2028).A cable conduit system is a network of tubes that allows electrical wires to be protected and routed through structures that provides a path for power and low-voltage communication. Its structure is mostly tubular, and it can be rigid or flexible and constructed of metals or non-metals. The surge in the use of submersible electric conduits, liquid-tight conduits, and also conduits providing protection against fire are some major factors that will drive the global cable conduit market growth. Additionally, the rapid urbanization in developing economies leads to an increase in construction projects, which is also the driving factor for the market growth. Rapid advancement in technology and increased demand for better data transmission and communication networks are also boosting the adoption of cable conduit systems.

The market is segmented based on the type and end-user. Based on the type, the market is sub-segmented into rigid cable conduit systems and flexible cable conduit systems. A rigid cable is a metal conduit that is a thick-walled threaded tubing, usually made of coated steel, stainless steel, or aluminum. Flexible cable is a metallic conduit also called Greenfield or flex is made by the helical coiling of a self-interlocked ribbed strip of aluminum or steel, forming a hollow tube through which wires can be pulled.

Some major players in the market include Atkore International Inc, ABB Ltd And Schneider Electric Corp., among others. The market players are contributing significantly to the growth of the market by the adoption of various strategies including mergers & acquisitions, geographical expansion, partnerships, new product launches, and collaborations, to stay competitive in the market. For instance, in September 2019, Atkore International Inc. signed an agreement with Pent hold NV to acquire Vergokan International NV, a manufacturer of cable ladder systems and cable trays, industrial floor trunking, and underfloor installations that serve in over 45 countries.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By End-User
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape-Atkore International Inc, ABB Ltd., and Schneider Electric Corp., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?

Global Cable Conduit Systems Market Report by Segment

By Type

• Rigid Cable Conduit Systems
• Flexible Cable Conduit Systems

By End-User

• Manufacturing
• Commercial Construction
• IT & Telecommunication
• Healthcare
• Energy
• Others