

The elevator balance compensation system consists of multiple components, the most important of which is the compensation chain (rope). The compensation chain (rope) is a device that connects the elevator car and the counterweight. It can balance the weight changes of the traction rope and the accompanying cable through its own weight and elasticity, so that the elevator can maintain a stable operating state during the lifting process.
The global Elevator Balance Compensation System market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
The “Elevator Balance Compensation System Industry Forecast” looks at past sales and reviews total world Elevator Balance Compensation System sales in 2023, providing a comprehensive analysis by region and market sector of projected Elevator Balance Compensation System sales for 2024 through 2030. With Elevator Balance Compensation System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Elevator Balance Compensation System industry.
This Insight Report provides a comprehensive analysis of the global Elevator Balance Compensation System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Elevator Balance Compensation System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Elevator Balance Compensation System market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Elevator Balance Compensation System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Elevator Balance Compensation System.
United States market for Elevator Balance Compensation System is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
China market for Elevator Balance Compensation System is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Europe market for Elevator Balance Compensation System is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Elevator Balance Compensation System players cover Gustav Wolf, Pfeifer Drako, BRUGG Lifting AG, Kiswire, Bridon-Bekaert, etc. In terms of revenue, the global two largest companies occupied for a share nearly
% in 2023.
This report presents a comprehensive overview, market shares, and growth opportunities of Elevator Balance Compensation System market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Elevator Compensation Chain
Elevator Compensation Rope
Segmentation by Application:
Passenger Elevator
Cargo Elevator
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Gustav Wolf
Pfeifer Drako
BRUGG Lifting AG
Kiswire
Bridon-Bekaert
SAFEElEVATOR
Jiangsu Safety Wire Rope
Tianjin Goldsun Wire Rope Ltd.
Key Questions Addressed in this Report
What is the 10-year outlook for the global Elevator Balance Compensation System market?
What factors are driving Elevator Balance Compensation System market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Elevator Balance Compensation System market opportunities vary by end market size?
How does Elevator Balance Compensation System break out by Type, by Application?
Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Elevator Balance Compensation System Annual Sales 2019-2030
2.1.2 World Current & Future Analysis for Elevator Balance Compensation System by Geographic Region, 2019, 2023 & 2030
2.1.3 World Current & Future Analysis for Elevator Balance Compensation System by Country/Region, 2019, 2023 & 2030
2.2 Elevator Balance Compensation System Segment by Type
2.2.1 Elevator Compensation Chain
2.2.2 Elevator Compensation Rope
2.3 Elevator Balance Compensation System Sales by Type
2.3.1 Global Elevator Balance Compensation System Sales Market Share by Type (2019-2024)
2.3.2 Global Elevator Balance Compensation System Revenue and Market Share by Type (2019-2024)
2.3.3 Global Elevator Balance Compensation System Sale Price by Type (2019-2024)
2.4 Elevator Balance Compensation System Segment by Application
2.4.1 Passenger Elevator
2.4.2 Cargo Elevator
2.4.3 Others
2.5 Elevator Balance Compensation System Sales by Application
2.5.1 Global Elevator Balance Compensation System Sale Market Share by Application (2019-2024)
2.5.2 Global Elevator Balance Compensation System Revenue and Market Share by Application (2019-2024)
2.5.3 Global Elevator Balance Compensation System Sale Price by Application (2019-2024)
3 Global by Company
3.1 Global Elevator Balance Compensation System Breakdown Data by Company
3.1.1 Global Elevator Balance Compensation System Annual Sales by Company (2019-2024)
3.1.2 Global Elevator Balance Compensation System Sales Market Share by Company (2019-2024)
3.2 Global Elevator Balance Compensation System Annual Revenue by Company (2019-2024)
3.2.1 Global Elevator Balance Compensation System Revenue by Company (2019-2024)
3.2.2 Global Elevator Balance Compensation System Revenue Market Share by Company (2019-2024)
3.3 Global Elevator Balance Compensation System Sale Price by Company
3.4 Key Manufacturers Elevator Balance Compensation System Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Elevator Balance Compensation System Product Location Distribution
3.4.2 Players Elevator Balance Compensation System Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2019-2024)
3.6 New Products and Potential Entrants
3.7 Market M&A Activity & Strategy
4 World Historic Review for Elevator Balance Compensation System by Geographic Region
4.1 World Historic Elevator Balance Compensation System Market Size by Geographic Region (2019-2024)
4.1.1 Global Elevator Balance Compensation System Annual Sales by Geographic Region (2019-2024)
4.1.2 Global Elevator Balance Compensation System Annual Revenue by Geographic Region (2019-2024)
4.2 World Historic Elevator Balance Compensation System Market Size by Country/Region (2019-2024)
4.2.1 Global Elevator Balance Compensation System Annual Sales by Country/Region (2019-2024)
4.2.2 Global Elevator Balance Compensation System Annual Revenue by Country/Region (2019-2024)
4.3 Americas Elevator Balance Compensation System Sales Growth
4.4 APAC Elevator Balance Compensation System Sales Growth
4.5 Europe Elevator Balance Compensation System Sales Growth
4.6 Middle East & Africa Elevator Balance Compensation System Sales Growth
5 Americas
5.1 Americas Elevator Balance Compensation System Sales by Country
5.1.1 Americas Elevator Balance Compensation System Sales by Country (2019-2024)
5.1.2 Americas Elevator Balance Compensation System Revenue by Country (2019-2024)
5.2 Americas Elevator Balance Compensation System Sales by Type (2019-2024)
5.3 Americas Elevator Balance Compensation System Sales by Application (2019-2024)
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Elevator Balance Compensation System Sales by Region
6.1.1 APAC Elevator Balance Compensation System Sales by Region (2019-2024)
6.1.2 APAC Elevator Balance Compensation System Revenue by Region (2019-2024)
6.2 APAC Elevator Balance Compensation System Sales by Type (2019-2024)
6.3 APAC Elevator Balance Compensation System Sales by Application (2019-2024)
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Elevator Balance Compensation System by Country
7.1.1 Europe Elevator Balance Compensation System Sales by Country (2019-2024)
7.1.2 Europe Elevator Balance Compensation System Revenue by Country (2019-2024)
7.2 Europe Elevator Balance Compensation System Sales by Type (2019-2024)
7.3 Europe Elevator Balance Compensation System Sales by Application (2019-2024)
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Elevator Balance Compensation System by Country
8.1.1 Middle East & Africa Elevator Balance Compensation System Sales by Country (2019-2024)
8.1.2 Middle East & Africa Elevator Balance Compensation System Revenue by Country (2019-2024)
8.2 Middle East & Africa Elevator Balance Compensation System Sales by Type (2019-2024)
8.3 Middle East & Africa Elevator Balance Compensation System Sales by Application (2019-2024)
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Elevator Balance Compensation System
10.3 Manufacturing Process Analysis of Elevator Balance Compensation System
10.4 Industry Chain Structure of Elevator Balance Compensation System
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Elevator Balance Compensation System Distributors
11.3 Elevator Balance Compensation System Customer
12 World Forecast Review for Elevator Balance Compensation System by Geographic Region
12.1 Global Elevator Balance Compensation System Market Size Forecast by Region
12.1.1 Global Elevator Balance Compensation System Forecast by Region (2025-2030)
12.1.2 Global Elevator Balance Compensation System Annual Revenue Forecast by Region (2025-2030)
12.2 Americas Forecast by Country (2025-2030)
12.3 APAC Forecast by Region (2025-2030)
12.4 Europe Forecast by Country (2025-2030)
12.5 Middle East & Africa Forecast by Country (2025-2030)
12.6 Global Elevator Balance Compensation System Forecast by Type (2025-2030)
12.7 Global Elevator Balance Compensation System Forecast by Application (2025-2030)
13 Key Players Analysis
13.1 Gustav Wolf
13.1.1 Gustav Wolf Company Information
13.1.2 Gustav Wolf Elevator Balance Compensation System Product Portfolios and Specifications
13.1.3 Gustav Wolf Elevator Balance Compensation System Sales, Revenue, Price and Gross Margin (2019-2024)
13.1.4 Gustav Wolf Main Business Overview
13.1.5 Gustav Wolf Latest Developments
13.2 Pfeifer Drako
13.2.1 Pfeifer Drako Company Information
13.2.2 Pfeifer Drako Elevator Balance Compensation System Product Portfolios and Specifications
13.2.3 Pfeifer Drako Elevator Balance Compensation System Sales, Revenue, Price and Gross Margin (2019-2024)
13.2.4 Pfeifer Drako Main Business Overview
13.2.5 Pfeifer Drako Latest Developments
13.3 BRUGG Lifting AG
13.3.1 BRUGG Lifting AG Company Information
13.3.2 BRUGG Lifting AG Elevator Balance Compensation System Product Portfolios and Specifications
13.3.3 BRUGG Lifting AG Elevator Balance Compensation System Sales, Revenue, Price and Gross Margin (2019-2024)
13.3.4 BRUGG Lifting AG Main Business Overview
13.3.5 BRUGG Lifting AG Latest Developments
13.4 Kiswire
13.4.1 Kiswire Company Information
13.4.2 Kiswire Elevator Balance Compensation System Product Portfolios and Specifications
13.4.3 Kiswire Elevator Balance Compensation System Sales, Revenue, Price and Gross Margin (2019-2024)
13.4.4 Kiswire Main Business Overview
13.4.5 Kiswire Latest Developments
13.5 Bridon-Bekaert
13.5.1 Bridon-Bekaert Company Information
13.5.2 Bridon-Bekaert Elevator Balance Compensation System Product Portfolios and Specifications
13.5.3 Bridon-Bekaert Elevator Balance Compensation System Sales, Revenue, Price and Gross Margin (2019-2024)
13.5.4 Bridon-Bekaert Main Business Overview
13.5.5 Bridon-Bekaert Latest Developments
13.6 SAFEElEVATOR
13.6.1 SAFEElEVATOR Company Information
13.6.2 SAFEElEVATOR Elevator Balance Compensation System Product Portfolios and Specifications
13.6.3 SAFEElEVATOR Elevator Balance Compensation System Sales, Revenue, Price and Gross Margin (2019-2024)
13.6.4 SAFEElEVATOR Main Business Overview
13.6.5 SAFEElEVATOR Latest Developments
13.7 Jiangsu Safety Wire Rope
13.7.1 Jiangsu Safety Wire Rope Company Information
13.7.2 Jiangsu Safety Wire Rope Elevator Balance Compensation System Product Portfolios and Specifications
13.7.3 Jiangsu Safety Wire Rope Elevator Balance Compensation System Sales, Revenue, Price and Gross Margin (2019-2024)
13.7.4 Jiangsu Safety Wire Rope Main Business Overview
13.7.5 Jiangsu Safety Wire Rope Latest Developments
13.8 Tianjin Goldsun Wire Rope Ltd.
13.8.1 Tianjin Goldsun Wire Rope Ltd. Company Information
13.8.2 Tianjin Goldsun Wire Rope Ltd. Elevator Balance Compensation System Product Portfolios and Specifications
13.8.3 Tianjin Goldsun Wire Rope Ltd. Elevator Balance Compensation System Sales, Revenue, Price and Gross Margin (2019-2024)
13.8.4 Tianjin Goldsun Wire Rope Ltd. Main Business Overview
13.8.5 Tianjin Goldsun Wire Rope Ltd. Latest Developments
14 Research Findings and Conclusion
*If Applicable.