Global Elevator Wire Rope Market Growth 2019-2024

Steel wire rope is a piece of machinery which is widely used in construction, mining, oil & gas extraction and other areas. Usually a steel wire rope is composed of wires, strands and a core, which is made of fiber or steel. The purpose of the core is to provide support and maintain the position of the outer strands during operation. The wires are predominantly constructed from high-carbon steel and stainless steel. The wires are twisted to form strands and they designate the strength of the steel wire rope.
The United State elevator wire rope industry is highly concentrated with only a few players at present. Leading manufacturers are mainly from Europe. Leading players in United State elevator wire rope are Gustav Wolf, Bekaert, Wirerope Works, Pfeifer Drako and Kiswire. Gustav Wolf is the largest manufacturer in USA, with the market share of 48% in 2017.

According to this study, over the next five years the Elevator Wire Rope market will register a xx% CAGR in terms of revenue, the global market size will reach US$ xx million by 2024, from US$ xx million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Elevator Wire Rope business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Elevator Wire Rope market by product type, application, key manufacturers and key regions and countries.

This study considers the Elevator Wire Rope value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.
Steel Core
Fiber Core
Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.
Traction Elevators
Hydraulic Elevators

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.
Gustav Wolf
Bekaert
Wirerope Works
Pfeifer Drako
Kiswire
CERTEX
Usha Martin
...

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives
To study and analyze the global Elevator Wire Rope consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
To understand the structure of Elevator Wire Rope market by identifying its various subsegments.
Focuses on the key global Elevator Wire Rope manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Elevator Wire Rope with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Elevator Wire Rope submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.