Conduit fittings are crucial components in electrical installations. They provide a secure and organized way to protect and route electrical wiring in various settings, including residential, commercial, and industrial. These fittings are known for their durability, corrosion resistance, and ease of installation. They come in various types, such as connectors, couplings, and elbows, each serving a specific purpose in joining and redirecting conduits. Conduit fittings ensure electrical safety, prevent damage to wires, and facilitate maintenance, making them indispensable in any electrical system.
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Data Bridge Market Research analyses that the North America Conduit Fittings Market is valued at USD 980.11 million in 2022 and is expected to reach USD 2,257.77 million by 2030, registering a CAGR of 5.6% during the forecast period of 2023 to 2030. Investments in infrastructure projects, such as commercial and residential buildings, industrial facilities, and smart cities, require extensive electrical wiring and conduit systems, boosting the demand for conduit fittings.
Key Findings of the Study
Rapid urbanization is expected to drive the market's growth rate
Rapid urbanization and extensive construction projects globally necessitate organized and secure electrical systems. Electrical conduit fittings are essential components that ensure the safety and reliability of wiring installations in these developments. They protect cables from damage, reducing the risk of electrical hazards and downtime. As urban areas expand and construction activities surge, the demand for conduit fittings grows, facilitating the efficient and safe distribution of electricity in the modern built environment.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015-2020)
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Quantitative Units
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Revenue in USD Million, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Straps and Clamps, Couplings, Connectors, Plugs, Elbows, Bodies, Nipples and Reducers, Bushings, Locknuts, Caps, Hubs and Others), Material (Metallic and Non-Metallic), Type (Rigid and Flexible), Mounting Type (Wall and Pole), Application (Communication Cables, Electric Cables, Data Cables and Others), End-User (Residential, Industrial, Commercial)
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Countries Covered
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U.S., Canada and Mexico in North America
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Market Players Covered
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ABB (Switzerland), Eaton (Ireland), Schneider Electric (France), Emerson Electric Co. (U.S.), Hubbell (U.S.), Atkore (U.S.), Bridgeport Fittings, LLC (U.S.), Cantex Inc. (U.S.), Topaz Lighting Corp. (U.S.), Swagelok Company (U.S.), Legrand SA (France), IPEX Electrical Inc. (Canada), HellermannTyton (U.S.), Electri-Flex Company (U.S.), Nucor Corporation (U.S.)
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Data Points Covered in the Report
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In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Segment Analysis:
The North America conduit fittings market is segmented on the basis of product type, material, and type, mounting type, application, and end-user.
- On the basis of product type, the conduit fittings market is segmented into straps and clamps, couplings, connectors, plugs, elbows, bodies, nipples and reducers, bushings, locknuts, caps, hubs, and others. In 2023, the straps and clamps segment dominates the conduit fittings market with a CAGR of 7.1% during the forecast period 2023 to 2030 due to its pivotal role in securing and organizing electrical conduits.
In 2023, the straps and clamps segment dominates the conduit fittings market with a CAGR of 7.1% during the forecast period 2023 to 2030
In 2023, the straps and clamps segment dominates the conduit fittings market with a CAGR of 7.1% during the forecast period 2023 to 2030 as electrical installations expand in various sectors like construction, industrial, and telecommunications, the demand for robust, reliable, and versatile straps and clamps increases significantly. Their ability to accommodate diverse conduit sizes and types, coupled with the necessity for secure installations, makes this segment a linchpin of the conduit fittings market's growth and its continued domination.
- On the basis of material type, the conduit fittings market is segmented into metallic, and non-metallic. In 2023, the non-metallic segment dominates the conduit fittings market with a CAGR of 5.9% during the forecast period 2023 to 2030 as they are lightweight, corrosion-resistant, and easy to install, making them ideal for a wide range of applications.
- On the basis of type, the conduit fittings market is segmented into rigid, and flexible. In 2023, the flexible segment dominates the conduit fittings market with a CAGR of 5.9% during the forecast period 2023 to 2030 as flexible conduit fittings, often made from materials like PVC or metal, offer the ability to route electrical wiring in tight or challenging spaces.
- On the basis of mounting type, the conduit fittings market is segmented into wall, pole. In 2023, the wall segment dominates the conduit fittings market with a CAGR 5.9% during the forecast period 2023 to 2030 as wall conduit fittings, including connectors, couplings, and bushings, are essential components for transitioning conduit through walls and enclosures.
- On the basis of application, the conduit fittings market is segmented into communication cables, electric cables, data cables, and others. In 2023, the electric cables segment dominates the conduit fittings market with a CAGR of 6.4% during the forecast period 2023 to 2030 due to its critical role in electrical infrastructure.
In 2023, the electric cables segment dominates the conduit fittings market with a CAGR of 6.4% during the forecast period 2023 to 2030
In 2023, the electric cables segment dominates the conduit fittings market with a CAGR of 6.4% during the forecast period 2023 to 2030 as conduit fittings are essential for protecting and routing electric cables, ensuring the safety and longevity of electrical systems. As industries and urbanization expand, the demand for reliable cable management grows, spurring the use of conduit fittings. Additionally, technological advancements, data center expansions, and renewable energy projects contribute to the surge in cable installations, further fueling the dominance of the electric cables segment within the conduit fittings market.
- On the basis of end-user, the conduit fittings market is segmented into residential, industrial, and commercial. In 2023, the commercial segment dominates the conduit fittings market with a CAGR of 6.1% during the forecast period 2023 to 2030 as conduit fittings play a crucial role in commercial buildings, ensuring organized and safe electrical installations.
Major Players
Data Bridge Market Research recognizes the following companies as the major North America conduit fittings market players in North America conduit fittings market are ABB (Switzerland), Eaton (Ireland), Schneider Electric (France), Emerson Electric Co. (U.S.), Hubbell (U.S.), Atkore (U.S.), Bridgeport Fittings, LLC (U.S.), Cantex Inc. (U.S.), Topaz Lighting Corp. (U.S.), Swagelok Company (U.S.), Legrand SA (France),
Market Developments
- In March 2021, Nucor Corporation unveiled plans to construct a new tube mill at its Nucor Steel Gallatin sheet mill in Kentucky. This strategic move capitalizes on prior investments in expanding Gallatin mill's capacity and incorporating a galvanizing line. Valued at USD 164 million, this investment is set to be operational by mid-2023. It aims to boost the company's tubular product output to a cumulative 250,000 tons, effectively meeting the rising demand in the market.
- In February 2021, Atkore International Group Inc. completed the acquisition of FRE Composites Group, a prominent manufacturer specializing in fiberglass conduit solutions for electrical, transportation, telecommunication, and infrastructure sectors. This strategic acquisition has significantly broadened Atkore's conduit product portfolio.
- In October 2020, Atkore International Group Inc. has successfully acquired the assets of Queen City Plastics, Inc., a renowned manufacturer of PVC conduit, elbows, and fittings catering to the electrical market. This strategic move has further bolstered Atkore's already extensive product lineup and enhanced its ability to cater to customers in the Southeast and mid-Atlantic regions of the U.S..
- In August 2019, Atkore International Group Inc. has acquired the assets of Rocky Mountain Colby Pipe Company, a prominent provider of PVC conduit and duct products. This acquisition aligns with Atkore's strategic growth initiatives, enabling the expansion of its product portfolio and enhancing its geographic presence on the West Coast.
Regional Analysis
Geographically, the countries covered in the North America conduit fittings market report U.S., Canada and Mexico in North America
As per Data Bridge Market Research analysis:
The U.S. is expected to hold the largest market share in North America in conduit fittings market during the forecast period 2023 - 2030
In 2023, the U.S. is expected to hold the largest market share in the North America conduit fittings market this prominence can be attributed to the surge in commercial building construction and substantial investments in metallic materials for new residential projects. These factors create a favorable environment for the conduit fittings market to thrive, presenting ample growth opportunities. Canada's robust construction sector and increasing material expenditure contribute significantly to its market influence.
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