The global Elevator Ropes market was valued at US$ 751.9 million in 2022 and is projected to reach US$ 946.9 million by 2029, at a CAGR of 3.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The USA market for Global Elevator Ropes market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The China market for Global Elevator Ropes market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
The Europe market for Global Elevator Ropes market is estimated to increase from USD million in 2022 to reach USD million by 2030, at a CAGR during the forecast period of 2023 through 2030.
Elevator ropes are highly engineered and made of steel with other composites. Also they are not single wires but several strands of various sizes wrapped together.
Elevator Ropes Market aims to provide a comprehensive presentation of the global market for Elevator Ropes, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Elevator Ropes. Elevator Ropes Market contains market size and forecasts of Elevator Ropes in global, including the following market information:
- Global Elevator Ropes Market Revenue, 2018-2023, 2024-2030, ($ millions)
- Global Elevator Ropes Market Sales, 2018-2023, 2024-2030, (K Units)
- Global top five Elevator Ropes companies in 2022 (%)
Global Elevator Ropes companies include PFEIFER, Tokyo Rope Mfg, Jiangsu Safety Wire Rope, BRUGG Lifting AG and Goldsun Wire Rope, etc. Global top 3 companies hold a share over 40%. Asia Pacific is the largest market, with a share about 70%, followed by Europe and Latin America.
We surveyed the Elevator Ropes manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Elevator Ropes Market, by Type, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Elevator Ropes Market Segment Percentages, by Type, 2022 (%)
- Fiber Core (FC)
- Independent Wire Rope Core (IWRC)
Global Elevator Ropes Market, by Application, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Elevator Ropes Market Segment Percentages, by Application, 2022 (%)
- Machine Room (MR) Elevator
- Machine Room Less (MRL) Elevator
- Hydraulic Elevator
Global Elevator Ropes Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions) & (K Units)
Global Elevator Ropes Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Elevator Ropes revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Elevator Ropes revenues share in global market, 2022 (%)
- Key companies Elevator Ropes sales in global market, 2018-2023 (Estimated), (K Units)
- Key companies Elevator Ropes sales share in global market, 2022 (%)
key players include:
- BRUGG Lifting AG
- WireCo World Group
- Gustav Wolf GmbH
- Bharat Wire Ropes Limited
- PFEIFER DRAKO Drahtseilwerk GmbH
- Usha Martin
- Tokyo Rope Mfg. Co. Ltd.
- Alps Wire Rope Corporation
- Jiangsu Safety Steel Wire Rope Co., Ltd
- Loos & Co. Inc.
- Mak Kee International H.K. Limited
- Santini Funi Srl
- KISWIRE LTD
- DSR
- Bekaert
Outline of Major Chapters:
Chapter 1: Introduces the definition of Elevator Ropes, market overview.
Chapter 2: Global Elevator Ropes market size in revenue and volume.
Chapter 3: Detailed analysis of Elevator Ropes manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Elevator Ropes in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Elevator Ropes capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.