Quick Summary:
In the fast-paced world of manufacturing, plant construction, and high-demand sectors, reliable and flexible cable protection becomes a necessity. The application of Cable Conduit Systems has proven essential to these functions, providing superior protection against moisture, temperature extremes, and mechanical impact, while offering excellent tensile strength and flexibility. Designed with advanced materials such as metallic or PVC variants, these systems are increasingly ubiquitous due to their flare-resistant properties and resistance against corrosion and UV radiations.
Robust demand in the Cable Conduit Systems Market is being fueled by rapid urbanization and the consequent surge in housing projects. With the escalating use of household appliances, the need for cable conduit systems in electrical wiring installations is amplified. Compliance with stringent fire safety regulations in public buildings further bolsters demand. Additional catalyzing factors for market growth include an increasing global workforce and changing lifestyle preferences, leading to greater utilization of these systems in rail infrastructure electrification. In the automotive industry, the innovative use of corrugated conduits and protective hoses for shielding cables is gaining traction, driven by the rising popularity of smart protection systems that enhance vehicle mobility and safety. These developments are projected to continue fueling the demand and market growth in this sector.
Cable conduit systems are made using metallic or polyvinyl chloride (PVC) materials that provide excellent protection against dirt and dampness and resistance against extreme temperature loads. They are widely used in machinery and plant construction, wherein excellent tensile strength, flexibility, flame-retardant, and mechanical impact and abrasion resistance are required. Nowadays, as the requirements in cable protection are becoming increasingly complex, manufacturers around the world are offering a comprehensive range of cable conduit systems that are self-extinguishing and safeguard from corrosion and ultraviolet (UV) radiations.
Cable Conduit Systems Market Trends:
A significant increase in the number of housing projects on account of rapid urbanization and inflating income levels is boosting the electrical installation of cabling and associated devices, such as switches, sockets, light fittings, and distribution boards, in a structure. This, in confluence with the escalating use of household electronic appliances, represents one of the key factors catalyzing the demand for cable conduit systems in electrical wiring. In addition, the implementation of stringent fire safety regulations for public buildings is contributing to the market growth. Apart from this, the growing adoption of a convenient means of transportation due to the rising population of working professionals and shifting lifestyle preferences is promoting the usage of cable conduit systems in the electrification of rail infrastructure. Furthermore, market players are introducing corrugated conduits and protective hoses with innovative properties to protect valuable cables against unfavorable external influences in vehicles. This, along with the emerging popularity of smart protection systems worldwide for enhancing mobility and safety of vehicles, is projected to drive the applications of cable conduit systems in the automotive industry across the globe.Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global cable conduit systems market report, along with forecasts at the global, regional and country level from 2023-2028. The report has categorized the market based on type and end user.Breakup by Type:
- Rigid Cable Conduit Systems
- Metallic
- Non-metallic
- Flexible Cable Conduit Systems
- Metallic
- Non-metallic
Breakup by End User:
- Manufacturing
- Commercial Construction
- IT and Telecommunication
- Healthcare
- Energy
- Others
Breakup by Region:
- North America
- United States
- Canada
- Asia-Pacific
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Others
- Europe
- Germany
- France
- United Kingdom
- Italy
- Spain
- Russia
- Others
- Latin America
- Brazil
- Mexico
- Others
- Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Atkore International Inc., Cantex Inc. (Mitsubishi Corporation), Champion Fiberglass Inc., Dura-Line Corporation (Orbia), Eaton Corporation PLC, Electri-Flex Company, Hubbell Incorporated, igus GmbH, Legrand and Schneider Electric SE.Key Questions Answered in This Report
1. How big is the global cable conduit systems market?2. What is the expected growth rate of the global cable conduit systems market during 2023-2028?
3. What are the key factors driving the global cable conduit systems market?
4. What has been the impact of COVID-19 on the global cable conduit systems market?
5. What is the breakup of the global cable conduit systems market based on the type?
6. What is the breakup of the global cable conduit systems market based on the end user?
7. What are the key regions in the global cable conduit systems market?
8. Who are the key players/companies in the global cable conduit systems market?
What is the estimated value of the Global Cable Conduit Systems Market?
What is the growth rate of the Global Cable Conduit Systems Market?
What is the forecasted size of the Global Cable Conduit Systems Market?
Who are the key companies in the Global Cable Conduit Systems Market?
| Report Attribute | Details |
|---|---|
| No. of Pages | 144 |
| Published | September 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 7 Billion |
| Forecasted Market Value ( USD | $ 9.9 Billion |
| Compound Annual Growth Rate | 5.9% |
| Regions Covered | Global |
| No. of Companies Mentioned | 11 |
Table of Contents
Companies Mentioned
- ABB Ltd.
- Atkore International Inc.
- Cantex Inc. (Mitsubishi Corporation)
- Champion Fiberglass Inc.
- Dura-Line Corporation (Orbia)
- Eaton Corporation PLC
- Electri-Flex Company
- Hubbell Incorporated
- igus GmbH
- Legr
- and Schneider Electric SE.
Methodology
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