Asia Pacific Electrical Conduit Market Size & Outlook

The electrical conduit market in Asia Pacific is expected to reach a projected revenue of US$ 3,498.4 million by 2030. A compound annual growth rate of 6.9% is expected of Asia Pacific electrical conduit market from 2024 to 2030.
Revenue, 2023 (US$M)
$2,186.3
Forecast, 2030 (US$M)
$3,498.4
CAGR, 2024 - 2030
6.9%
Report Coverage
Asia Pacific

Asia Pacific electrical conduit market, 2018-2030 (US$M)

Asia
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Asia Pacific electrical conduit market highlights

  • The Asia Pacific electrical conduit market generated a revenue of USD 2,186.3 million in 2023.
  • The market is expected to grow at a CAGR of 6.9% from 2024 to 2030.
  • In terms of segment, rigid was the largest revenue generating type in 2023.
  • Rigid is the most lucrative type segment registering the fastest growth during the forecast period.


Asia Pacific data book summary

Market revenue in 2023USD 2,186.3 million
Market revenue in 2030USD 3,498.4 million
Growth rate6.9% (CAGR from 2023 to 2030)
Largest segmentRigid
Fastest growing segmentRigid
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationRigid
Key market players worldwideAtkore Inc, ABB Ltd, Schneider Electric SE, Legrand SA, Siemens AG, General Electric, Eaton Corp PLC, The Cooper Companies Inc, Hubbell Inc, Sekisui Chemical Co Ltd


Other key industry trends

  • In terms of revenue, Asia Pacific region accounted for 29.4% of the global electrical conduit market in 2023.
  • Globally, North America is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 3,498.4 million by 2030.

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Electrical Conduit Market Scope

Electrical conduit market segmentation & scope
Rigid
Flexible
Material
Metallic
Non-Metallic
Application
Rail Infrastructure
Manufacturing Facilities
Shipbuilding & Offshore Facilities
Process Plants
Energy
Others
Countries
U.S.
Canada
Mexico
Denmark
France
Germany
Italy
Norway
Spain
Sweden
UK
Brazil
Argentina
Australia
China
India
Japan
South Korea
Thailand
UAE
South Africa
Saudi Arabia
Kuwait

Electrical Conduit Market Companies

Name Profile # Employees HQ Website

Asia Pacific electrical conduit market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to electrical conduit market will help companies and investors design strategic landscapes.


Rigid was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Asia Pacific electrical conduit market based on rigid covering the revenue growth of each sub-segment from 2018 to 2030.


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Horizon Databook provides a detailed overview of continent-level data and insights on the Asia Pacific electrical conduit market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific electrical conduit market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Asia Pacific electrical conduit market

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