Flexible Electrical Conduits Market Insights Video
According to Cognitive Market Research, the global Flexible Electrical Conduit market size was USD 1652.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 8.80% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 661.04 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 495.78 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 380.10 million in 2024 and will grow at a compound annual growth rate (CAGR) of 10.8% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 82.63 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.2% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 33.05 million in 2024 and will grow at a compound annual growth rate (CAGR) of 8.5% from 2024 to 2031.
In 2023, the non-metallic segment represented a considerable revenue share of the market.
