EMT Fittings Market Size, Share, Growth, And Industry Analysis By Type (Screw Fixed Type, Spinning Type) By Application (Commercial Buildings, Industrial Building, Public Buildings, Dwelling house), Regional Insights, and Forecast To 2031

Updated On: 22 April 2024

EMT FITTINGS MARKET REPORT OVERVIEW 

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global EMT Fittings market size was USD 86 million in 2022 and market is projected to USD 109.84 million by 2031 at CAGR 2.7%.

The global COVID-19 pandemic has been unprecedented and staggering, with the EMT Fittings market experiencing higher-than-anticipated/lower-than-anticipated demand across all regions compared to pre-pandemic levels.The sudden rise in CAGR is attributable to the market's growth and demand returning to pre-pandemic levels once the pandemic is over.

Conduit fittings, also known as electrical fittings, are used to join conduit runs together or to attach conduit to electrical equipment. Whether utilising metallic or non-metallic conduit, the kinds of connections you need to make, and the diameter of the conduit you're connecting will determine the sorts of fittings to employ. Electric fittings are electric-powered lines, fittings, machinery, and household appliances created with the help of power buyers for use in lighting, heating, generating power, and other uses for which electricity may be employed. They are used to connect the wires to your electrical appliances and make it easier to run cables throughout the entire house. Various courses have different connection fittings, therefore before purchasing one, one should pay careful attention to the size and quality.

Electrical fixtures are an essential component of house utility and security. When properly executed, they help to conserve energy, keep the house safe from fire hazards, and also ensure that other pricey electrical or electronic equipment has a longer lifespan. Aluminum, coated steel, and treated steel are all possible materials for the electrical metallic conductor and fittings. The most common type of steel in use is coated steel. The numerous goals contribute to the market growth for electrical fittings.

COVID-19 Impact: COVID-19 Halted Product Manufacturing Difficulty Hampering Market Growth

The unexpected pandemic incident triggered the implementation of strict lockdown regulations across a number of nations, which aggravated the import and product exercises of the product. Nonetheless, the increased market need for outstanding products throughout the pandemic increased interest in market growth. In any event, during the COVID-19 epidemic, the market was primarily affected by a number of obstacles, such as the inaccessibility of a skilled work force and the delay or suspension of activity because of the complete lockdown. Moreover, it is anticipated that the widespread use of contemporary automation arrangements after COVID-19 would increase market numbers.

Latest Trends

"Automotive Industry Is Anticipated To Have A Sizable Market Share"

The adoption of increasingly sophisticated electronic systems, such as audio controls, driver assistance systems, diagnostic systems, cruise control, and infotainment systems, is expected to support a significant increase in the need for connections in the automobile industry. Also, the industry is anticipated to rise as electric cars gain in popularity. The need for adaptable tiny connections, compliance with RoHS regulations, UL certification, and IP ratings, as well as intelligent connectors with EMI/RFI suppression characteristics, are just a few of the important market developments in this sector.

EMT FITTINGS MARKET SEGMENTATION 

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• By Type Analysis

According to type, the market can be segmented into Screw Fixed Type, Spinning Type. Screw Fixed Type is anticipated to be the dominating segment.

• By Application Analysis

Based on application, the market can be divided into Commercial Buildings, Industrial Building, Public Buildings, Dwelling house. Commercial Buildings will be the leading segment.

Driving Factors

"Segment Of Metallic Electrical Conduit Fittings To Rule The Market Throughout The Predicted Time"

With a market share of more than 56%, the category of metallic electrical conduit fittings dominates the whole industry. Industrial settings favour the usage of electrical conduit systems and fittings, which are more expensive than their non-metallic counterparts. While having a greater volume than metallic conduit fittings due to its cheaper cost, the non-metallic conduit fittings market has lesser revenue than the metallic conduit fittings segment. Nonetheless, the non-metallic fittings category is anticipated to increase at a faster rate throughout the projection period due to robust residential building globally.

"Ease of Wire Running and Wire Protection For Higher Production Fuel Market Growth"

Terrific quality channels can remain shielded by the wire, though it needs to harmonise with good quality fittings as well. If there is a 90° corner, for example, there is no nearby curve or comparable fitting. When the wire is run straight through the line, there may be more bending and strain on the wire protection layer, which causes the protection layer to brighten and mature more quickly. The risk of electric shock exists when the protective layer fails. Also, a very fixed conductor will reduce the probability of water and residue entering, keeping the line clean and protecting the wires at the same time. This need is likely to fuel the expansion of the electrical fittings market.

That will be quite difficult if there is no twist or minimizer nearby. According to the estimate, it is impossible to organise the lines and cables because the entire home is still in the air. Generally speaking, it is crucial to turn at the corner and to coordinate the wire along or against the wall, for instance, when introducing a roof light. Even yet, it is occasionally necessary to repair a damaged portion of the cylinder since the entire thing cannot be replaced. This is preferable to occasionally mending a damaged section of a line. The fittings can help with this, thus. Throughout the projected future, these factors for industrial applications are expected to propel the growth of the electrical fittings market.

Restraining Factors

"Increased Health Hazards Will Limit Market Growth"

For a considerable amount of time, a flexible metal track is not anticipated to be a widely practical racecourse. All cut edges should be reamed to remove any sharp edges at the time of cutting; if any sharp edges remain, they may likely rip the protection when protected guides are penetrated. It is not advised to use polyvinyl chloride conductor in regions exposed to direct sunlight. After some time, daylight might cause the substance to split. These obstacles prevent the market for electrical fittings from expanding.

EMT FITTINGS MARKET REGIONAL INSIGHTS 

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"Asia-Pacific Is Estimated To See The Fastest Growth Rate "

One of the key elements propelling the growth of the cable connectors market is the ongoing development of communication technologies and the expansion of other end-user industries in the Asia Pacific region. Also, businesses have adopted automated processes in industrial applications more readily thanks to IT and communications assistance. With a 34% global market revenue share in 2019, Asia Pacific dominated the electrical conduit fittings market overall. Also, it is predicted that Asia Pacific would see the electrical conduit fittings market's quickest expansion throughout the projection period. Because both China and India have thriving building sectors, they are the two main markets for electrical conduit fittings.

Key Industry Players

"Key Players Focus on Partnerships to Gain a Competitive Advantage "

Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.

List of Market Players Profiled

• Atkore (U.S.)
• Eaton (Ireland)
• Topaz Lighting Corp. (U.K.)
• American Fittings (U.S.)
• EVT Electrical (China)
• Bridgeport (U.S.)
• Producto Electric Corp. (U.S.)
• Topele Enterprise co.,Ltd (U.K.)
• Arlington Industries, Inc. (U.S.)
• Hangzhou Francis Conduit Industries Co.,Ltd. (China)
• Yuyao Hengxing Pipe Co.,LTD (China)
• Orbit Industries (U.S.)
• KSS (U.S.)
• Tianjin Driflex Co., Ltd (China)

Report Coverage

This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.