Middle East & Africa Electrical Conduit Market Size & Outlook
Middle East & Africa electrical conduit market, 2018-2030 (US$M)
MEA electrical conduit market highlights
- The MEA electrical conduit market generated a revenue of USD 736.2 million in 2023.
- The market is expected to grow at a CAGR of 6.4% 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.
MEA data book summary
| Market revenue in 2023 | USD 736.2 million |
| Market revenue in 2030 | USD 1,139.7 million |
| Growth rate | 6.4% (CAGR from 2023 to 2030) |
| Largest segment | Rigid |
| Fastest growing segment | Rigid |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Rigid |
| Key market players worldwide | Atkore 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, MEA region accounted for 9.9% 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 Companies
| Name | Profile | # Employees | HQ | Website |
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Middle East & Africa 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 Middle East & Africa electrical conduit market based on rigid covering the revenue growth of each sub-segment from 2018 to 2030.
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Our clientele includes a mix of electrical conduit market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa electrical conduit market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa electrical conduit market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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