Flexible Electrical Conduit Market Expected to Reach $3.4 Billion by 2032—Allied Market Research

According to a new report published by Allied Market Research, titled, “Flexible Electrical Conduit Market," The flexible electrical conduit market was valued at $1.5 billion in 2022, and is estimated to reach $3.4 billion by 2032, growing at a CAGR of 8.6% from 2023 to 2032.

A flexible electrical conduit is a pliable cylindrical structure designed to protect and route electrical wires and cables. Flexible electrical conduits offer the advantage of being able to bend and conform to different shapes without breaking or losing functionality. These conduits are used in situations where a rigid structure is not suitable or practical, providing flexibility and versatility in electrical installations.

Flexible electrical conduits are made from a range of substances such as metal, plastic, or an aggregate of both. Common materials consist of steel, aluminum, PVC, and nylon. The desire for fabric depends on elements such as the specific application, environmental conditions, and required level of protection of set up to meet the evolving desires of customers engaged in upgradation and retrofitting projects. The flexible electrical conduits market growth is experienced due to several factors. Firstly, the increasing adoption of automation and robotics in various industries has led to a higher demand for flexible conduits to protect and organize electrical wiring in these systems. These conduits are essential for managing cables, ensuring proper insulation, and preventing damage to electrical components.

Furthermore, the need for flexible electrical conduits is driven by the growth in infrastructure development, including commercial and residential construction projects. These conduits are used to route electrical wiring in buildings, providing a safe and organized solution for wiring installations. However, flexible electrical conduits also have limitations. Over time, repeated bending and mechanical stress weaken the conduits, potentially leading to defects and electrical malfunctions. 

Moreover, their ability to withstand high temperatures and extreme environmental conditions is limited compared to more specialized conduit types. It is crucial to select the appropriate conduit material and design for specific applications to ensure longevity and reliability.Manufacturers are continuously working on developing improved materials and designs for flexible electrical conduits to address the abovementioned issues. This includes the use of advanced polymers and reinforced structures to enhance durability and resistance to wear and tear. In addition, there is a growing demand for eco-friendly and sustainable solutions in the market, which has led to the development of conduit materials made from recycled or bio-based sources.

The flexible electrical conduit market is segmented on the basis of material type, type, application, and region. By material type, the market is classified into metallic and non-metallic. By type, the market is segmented into the flexible metallic conduit (FMC), liquid tight flexible metal conduit (LFMC), flexible metallic tubing (FMT), and liquid tight flexible non-metallic conduit (LFNC). By application, the market is categorized into rail infrastructure, manufacturing facilities, shipbuilding & offshore facilities, process plants, energy, and others. By region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. Key players in the flexible tube industry include ABB, Hubbell, Schneider Electric, Legrand, Southwire Company, LLC., Atkore, Parker Hannifin Corp, Saint-Gobain, NewAge Industries, and Flex Tubes.

Metallic conduits are widely used in electrical installations due to their excellent durability and robustness. Flexible electrical conduit is typically made of steel or aluminum and provides superior protection for electrical wires and cables. Metallic conduits resist physical damage, moisture, and other environmental factors, making them suitable for many applications, including commercial buildings, industrial facilities, and residential complexes. The Asia-Pacific region, with China as a major player, is experiencing rapid urbanization and infrastructure development, which drives the demand for metallic conduits in electrical installations.

Liquid-tight flexible non-metallic conduits (LFNC), also known as liquid-tight flexible conduits (LFMC), are designed to protect against liquids and moisture. These conduits are commonly made of PVC or similar materials and have a smooth outer surface that resists the ingress of water, oils, and other liquids. LFNC is particularly useful in environments where there is exposure to moisture, such as outdoor installations, wet locations, and underground applications. With the continuous expansion of construction projects in the Asia-Pacific region, including China, there is a growing demand for LFNC to ensure reliable and safe electrical wiring in various settings.

The rail infrastructure sector is another significant market segment for flexible electrical conduits. Rail systems require efficient and reliable electrical wiring solutions to power train systems, signaling equipment, lighting, and other electrical components. Flexible electrical conduits play a crucial role in protecting and routing electrical cables along rail tracks and within railway stations. Flexible electrical conduit provides flexibility and resistance to vibration, allowing for smooth and uninterrupted train operations. The Asia-Pacific region, with China's extensive rail network and ongoing expansion projects, offers substantial opportunities for the flexible electrical conduit market in the rail infrastructure sector.

China, as a major player in the Asia-Pacific region, plays a pivotal role in the flexible electrical conduit industry. The country's rapid industrialization, urbanization, and infrastructure development projects drive the demand for flexible electrical conduits in various applications. In addition, the government's focus on upgrading and expanding its railway network further stimulates the market's growth. Chinese manufacturers are actively involved in producing flexible electrical conduits to meet domestic demand and export to other countries in the region and beyond.

Key Finding of the Study

• On the basis of material type, the metallic segment emerged as the global leader by acquiring more than three-fourths of the share in 2022 and is anticipated to continue this trend during the flexible electrical conduit market forecast period.
• On the basis of type, the flexible metallic tubing segment emerged as the largest market share in 2022, which accounts for more than one-fourth of the flexible electrical conduit market size.
• On the basis of the application, the shipbuilding and offshore facilities segment emerged as the largest market share in 2022 which accounts for more than one-fourth of the flexible electrical conduit market share and is anticipated to continue this flexible electrical conduit market trend during the forecast period.
• On the basis of region, Asia-Pacific is the major consumer of flexible electrical conduit among other regions. It accounted for more than one-third of the global market share in 2022, during the flexible electrical conduits market analysis.