Market Overview:
The global flexible wiring duct market is expected to grow at a CAGR of 5.5% from 2018 to 2030. The growth in the market can be attributed to the increasing demand for flexible wiring ducts in residential, commercial, and industrial applications. Additionally, the growing awareness about safety and security is also propelling the growth of this market. On the basis of type, slotted wire ducts are expected to account for a larger share of the global flexible wiring duct market than solid wall wire ducts during the forecast period. This can be attributed to their high flexibility and easy installation. On the basis of application, residential applications are expected to account for a larger share of this market than commercial and industrial applications duringthe forecast period owingto rising demand from end-usersfor safe and secure electrical installations in homes.
Product Definition:
A flexible wiring duct is a type of electrical conduit that is made from a flexible plastic material. It is used to protect and route electrical wiring in commercial and industrial applications. Flexible wiring ducts are important because they provide a safe and easy way to install and maintain electrical wiring.
Slotted Wire Ducts:
Slotted wire ducts are flexible metal tubes that are used for conveying electrical and electronic goods. They have a series of small openings or slots along their length, which allow air to flow through the system while preventing dust from entering the interior of the device. Slotted wire ducts can be easily installed in tight spaces and they offer several benefits over traditional rigid tubing such as flexibility, ease of installation, low cost & weight, etc.
Solid Wall Wire Ducts:
Solid wall wire ducts are used in the flexible wiring ducts for air conditioning and heating systems. They are made up of galvanized steel sheets, which provide a protective coating against corrosion and other external factors. The product is available with different sizes, shapes, and coatings to suit specific requirements; hence it plays an important role in improving the overall efficiency of HVAC equipment installed at commercial places such as offices buildings or hospitals.
Application Insights:
The commercial application segment led the market and accounted for more than 60.0% share of the global revenue in 2017. The segment growth can be attributed to growing construction activities in commercial sectors, such as offices, IT parks, business centers and malls. Flexible ducts are used for air-conditioning or heating purposes in commercial buildings.
The industrial application segment is expected to witness significant growth over the forecast period owing to rapid industrialization along with increasing demand for energy-efficient solutions across various industries, including food & beverage processing plants, chemical plants and petrochemical facilities among others. In addition, rising R&D investments by industry players are likely to boost product demand over the coming years.
Flexible ducts find applications in residential as well as non-residential segments on account of their ability to reduce installation cost.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing rapid growth in construction activities owing to increasing demand for residential and commercial buildings, which, in turn, is likely to drive industry expansion.
The growing industrial sector due to rising foreign investments coupled with government initiatives towards infrastructure development are some of the major factors driving regional growth. In addition, favorable regulatory frameworks that enable easy establishment of commercial offices are also expected to boost demand over the next eight years.
Europe accounted for a significant share of revenue generation owing to high product adoption rates across numerous applications including domestic hot water systems and refrigeration & air conditioning units within commercial spaces such as hotels/restaurants or hospitals among others). Moreover, technological advancements such as smart grid technology along with stringent government regulations regarding energy consumption are anticipated to further fuel industry expansion over the coming years.
Growth Factors:
- Increasing demand from the construction sector for wiring ducts as a means of organizing and protecting cables.
- Rapid growth in the number of data centers, which drives demand for wiring ducts to manage cabling and cooling systems.
- Proliferation of smart devices and the Internet of Things, which leads to increased use of wiring ducts in homes, offices, and factories.
- Rising popularity of modular furniture systems that use flexible wiring ducts to route power and data cables between different components.
- Growing awareness among businesses about the benefits of using flexible wiring ducts over traditional methods like cable trays or conduits
Scope Of The Report
Report Attributes
Report Details
Report Title
Flexible Wiring Duct Market Research Report
By Type
Slotted Wire Ducts, Solid Wall Wire Ducts
By Application
Residential, Commercial, Industrial
By Companies
ABB, Panduit, Phoenix Contact, HellermannTyton, KSS, KOWA KASEI, OMEGA Engineering, IBOCO (Hager Group), Leviton
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
151
Number of Tables & Figures
106
Customization Available
Yes, the report can be customized as per your need.
Global Flexible Wiring Duct Market Report Segments:
The global Flexible Wiring Duct market is segmented on the basis of:
Types
Slotted Wire Ducts, Solid Wall Wire Ducts
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Residential, Commercial, Industrial
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ABB
- Panduit
- Phoenix Contact
- HellermannTyton
- KSS
- KOWA KASEI
- OMEGA Engineering
- IBOCO (Hager Group)
- Leviton
Highlights of The Flexible Wiring Duct Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Slotted Wire Ducts
- Solid Wall Wire Ducts
- By Application:
- Residential
- Commercial
- Industrial
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Flexible Wiring Duct Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A flexible wiring duct is a type of duct that can be bent or curved to fit the specific needs of a particular installation. This type of duct is often used in areas where space is limited, such as under furniture or in tight spaces. Flexible wiring ducts are also popular for use in air conditioning and heating systems because they allow for more efficient airflow and less obstruction.
Some of the major players in the flexible wiring duct market are ABB, Panduit, Phoenix Contact, HellermannTyton, KSS, KOWA KASEI, OMEGA Engineering, IBOCO (Hager Group), Leviton.
The flexible wiring duct market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Flexible Wiring Duct Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Flexible Wiring Duct Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Flexible Wiring Duct Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Flexible Wiring Duct Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Flexible Wiring Duct Market Size & Forecast, 2020-2028
4.5.1 Flexible Wiring Duct Market Size and Y-o-Y Growth
4.5.2 Flexible Wiring Duct Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Slotted Wire Ducts
5.2.2 Solid Wall Wire Ducts
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Residential
6.2.2 Commercial
6.2.3 Industrial
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Flexible Wiring Duct Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Flexible Wiring Duct Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Slotted Wire Ducts
9.6.2 Solid Wall Wire Ducts
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Residential
9.10.2 Commercial
9.10.3 Industrial
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Slotted Wire Ducts
10.6.2 Solid Wall Wire Ducts
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Residential
10.10.2 Commercial
10.10.3 Industrial
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Slotted Wire Ducts
11.6.2 Solid Wall Wire Ducts
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Residential
11.10.2 Commercial
11.10.3 Industrial
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Slotted Wire Ducts
12.6.2 Solid Wall Wire Ducts
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Residential
12.10.2 Commercial
12.10.3 Industrial
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Slotted Wire Ducts
13.6.2 Solid Wall Wire Ducts
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Residential
13.10.2 Commercial
13.10.3 Industrial
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Flexible Wiring Duct Market: Competitive Dashboard
14.2 Global Flexible Wiring Duct Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ABB
14.3.2 Panduit
14.3.3 Phoenix Contact
14.3.4 HellermannTyton
14.3.5 KSS
14.3.6 KOWA KASEI
14.3.7 OMEGA Engineering
14.3.8 IBOCO (Hager Group)
14.3.9 Leviton
