Global Elevator Compensation Cable Market Research Report 2025

Publication ID:

PB502256608

Publication Date:

February 17, 2025

Pages:

Publisher:

MRRPB5

Countries:

Global [1]

USD 2,900.00

Specialty Chemicals [2]

Manufacturing (Chemicals) [3]

Chemicals [4]

Description:

The global market for Elevator Compensation Cable was valued at US$ 252 million in the year 2024 and is projected to reach a revised size of US$ 335 million by 2031, growing at a CAGR of 4.2% during the forecast period.
Elevator compensating cable is a key component used in elevator systems. It is mainly used to ensure that the elevator remains balanced and stable during operation, and to avoid unbalanced elevator operation caused by changes in the wire rope or other components. The function of the elevator compensating cable is to ensure that the elevator can run smoothly and safely by adjusting and compensating for the elevator load or the weight changes in the car.
North American market for Elevator Compensation Cable is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for Elevator Compensation Cable is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global manufacturers of Elevator Compensation Cable include Gustav Wolf, Pfeifer Drako, BRUGG Lifting AG, Kiswire, Bridon-Bekaert, Safety Wire Rope, Goldsun Wire Rope, Shenwang Group Wire Rope, Valin Precision, Fuxing Technology, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
Report Scope
This report aims to provide a comprehensive presentation of the global market for Elevator Compensation Cable, 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 Compensation Cable.
The Elevator Compensation Cable market size, estimations, and forecasts are provided in terms of output/shipments (K Meter) and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global Elevator Compensation Cable market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the Elevator Compensation Cable manufacturers, new entrants, and industry chain related companies in this market with information on the revenues, production, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Gustav Wolf
Pfeifer Drako
BRUGG Lifting AG
Kiswire
Bridon-Bekaert
Safety Wire Rope
Goldsun Wire Rope
Shenwang Group Wire Rope
Valin Precision
Fuxing Technology
by Type
Single Core
Multi-core
by Application
Traction Elevator
Hydraulic Elevator
Others
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Asia-Pacific
China
Japan
South Korea
China Taiwan
Southeast Asia
India
Europe
Germany
France
U.K.
Italy
Russia
Rest of Europe
Latin America, Middle East & Africa
Mexico
Brazil
Turkey
GCC Countries
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Detailed analysis of Elevator Compensation Cable manufacturers competitive landscape, price, production and value market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Production/output, value of Elevator Compensation Cable by region/country. It provides a quantitative analysis of the market size and development potential of each region in the next six years.
Chapter 4: Consumption of Elevator Compensation Cable 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, and production of each country in the world.
Chapter 5: 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 6: 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 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product production/output, value, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
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: The main points and conclusions of the report.

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Elevator Compensation Cable Market Overview
1.1 Product Definition
1.2 Elevator Compensation Cable by Type
1.2.1 Global Elevator Compensation Cable Market Value Growth Rate Analysis by Type: 2024 VS 2031
1.2.2 Single Core
1.2.3 Multi-core
1.3 Elevator Compensation Cable by Application
1.3.1 Global Elevator Compensation Cable Market Value Growth Rate Analysis by Application: 2024 VS 2031
1.3.2 Traction Elevator
1.3.3 Hydraulic Elevator
1.3.4 Others
1.4 Global Market Growth Prospects
1.4.1 Global Elevator Compensation Cable Production Value Estimates and Forecasts (2020-2031)
1.4.2 Global Elevator Compensation Cable Production Capacity Estimates and Forecasts (2020-2031)
1.4.3 Global Elevator Compensation Cable Production Estimates and Forecasts (2020-2031)
1.4.4 Global Elevator Compensation Cable Market Average Price Estimates and Forecasts (2020-2031)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Elevator Compensation Cable Production Market Share by Manufacturers (2020-2025)
2.2 Global Elevator Compensation Cable Production Value Market Share by Manufacturers (2020-2025)
2.3 Global Key Players of Elevator Compensation Cable, Industry Ranking, 2023 VS 2024
2.4 Global Elevator Compensation Cable Company Type and Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Elevator Compensation Cable Average Price by Manufacturers (2020-2025)
2.6 Global Key Manufacturers of Elevator Compensation Cable, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Elevator Compensation Cable, Product Offered and Application
2.8 Global Key Manufacturers of Elevator Compensation Cable, Date of Enter into This Industry
2.9 Elevator Compensation Cable Market Competitive Situation and Trends
2.9.1 Elevator Compensation Cable Market Concentration Rate
2.9.2 Global 5 and 10 Largest Elevator Compensation Cable Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Elevator Compensation Cable Production by Region
3.1 Global Elevator Compensation Cable Production Value Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.2 Global Elevator Compensation Cable Production Value by Region (2020-2031)
3.2.1 Global Elevator Compensation Cable Production Value by Region (2020-2025)
3.2.2 Global Forecasted Production Value of Elevator Compensation Cable by Region (2026-2031)
3.3 Global Elevator Compensation Cable Production Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
3.4 Global Elevator Compensation Cable Production Volume by Region (2020-2031)
3.4.1 Global Elevator Compensation Cable Production by Region (2020-2025)
3.4.2 Global Forecasted Production of Elevator Compensation Cable by Region (2026-2031)
3.5 Global Elevator Compensation Cable Market Price Analysis by Region (2020-2025)
3.6 Global Elevator Compensation Cable Production and Value, Year-over-Year Growth
3.6.1 North America Elevator Compensation Cable Production Value Estimates and Forecasts (2020-2031)
3.6.2 Europe Elevator Compensation Cable Production Value Estimates and Forecasts (2020-2031)
3.6.3 China Elevator Compensation Cable Production Value Estimates and Forecasts (2020-2031)
3.6.4 Japan Elevator Compensation Cable Production Value Estimates and Forecasts (2020-2031)
4 Elevator Compensation Cable Consumption by Region
4.1 Global Elevator Compensation Cable Consumption Estimates and Forecasts by Region: 2020 VS 2024 VS 2031
4.2 Global Elevator Compensation Cable Consumption by Region (2020-2031)
4.2.1 Global Elevator Compensation Cable Consumption by Region (2020-2025)
4.2.2 Global Elevator Compensation Cable Forecasted Consumption by Region (2026-2031)
4.3 North America
4.3.1 North America Elevator Compensation Cable Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.3.2 North America Elevator Compensation Cable Consumption by Country (2020-2031)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Elevator Compensation Cable Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.4.2 Europe Elevator Compensation Cable Consumption by Country (2020-2031)
4.4.3 Germany
4.4.4 France
4.4.5 U.K.
4.4.6 Italy
4.4.7 Russia
4.5 Asia Pacific
4.5.1 Asia Pacific Elevator Compensation Cable Consumption Growth Rate by Region: 2020 VS 2024 VS 2031
4.5.2 Asia Pacific Elevator Compensation Cable Consumption by Region (2020-2031)
4.5.3 China
4.5.4 Japan
4.5.5 South Korea
4.5.6 China Taiwan
4.5.7 Southeast Asia
4.5.8 India
4.6 Latin America, Middle East & Africa
4.6.1 Latin America, Middle East & Africa Elevator Compensation Cable Consumption Growth Rate by Country: 2020 VS 2024 VS 2031
4.6.2 Latin America, Middle East & Africa Elevator Compensation Cable Consumption by Country (2020-2031)
4.6.3 Mexico
4.6.4 Brazil
4.6.5 Turkey
4.6.6 GCC Countries
5 Segment by Type
5.1 Global Elevator Compensation Cable Production by Type (2020-2031)
5.1.1 Global Elevator Compensation Cable Production by Type (2020-2025)
5.1.2 Global Elevator Compensation Cable Production by Type (2026-2031)
5.1.3 Global Elevator Compensation Cable Production Market Share by Type (2020-2031)
5.2 Global Elevator Compensation Cable Production Value by Type (2020-2031)
5.2.1 Global Elevator Compensation Cable Production Value by Type (2020-2025)
5.2.2 Global Elevator Compensation Cable Production Value by Type (2026-2031)
5.2.3 Global Elevator Compensation Cable Production Value Market Share by Type (2020-2031)
5.3 Global Elevator Compensation Cable Price by Type (2020-2031)
6 Segment by Application
6.1 Global Elevator Compensation Cable Production by Application (2020-2031)
6.1.1 Global Elevator Compensation Cable Production by Application (2020-2025)
6.1.2 Global Elevator Compensation Cable Production by Application (2026-2031)
6.1.3 Global Elevator Compensation Cable Production Market Share by Application (2020-2031)
6.2 Global Elevator Compensation Cable Production Value by Application (2020-2031)
6.2.1 Global Elevator Compensation Cable Production Value by Application (2020-2025)
6.2.2 Global Elevator Compensation Cable Production Value by Application (2026-2031)
6.2.3 Global Elevator Compensation Cable Production Value Market Share by Application (2020-2031)
6.3 Global Elevator Compensation Cable Price by Application (2020-2031)
7 Key Companies Profiled
7.1 Gustav Wolf
7.1.1 Gustav Wolf Elevator Compensation Cable Company Information
7.1.2 Gustav Wolf Elevator Compensation Cable Product Portfolio
7.1.3 Gustav Wolf Elevator Compensation Cable Production, Value, Price and Gross Margin (2020-2025)
7.1.4 Gustav Wolf Main Business and Markets Served
7.1.5 Gustav Wolf Recent Developments/Updates
7.2 Pfeifer Drako
7.2.1 Pfeifer Drako Elevator Compensation Cable Company Information
7.2.2 Pfeifer Drako Elevator Compensation Cable Product Portfolio
7.2.3 Pfeifer Drako Elevator Compensation Cable Production, Value, Price and Gross Margin (2020-2025)
7.2.4 Pfeifer Drako Main Business and Markets Served
7.2.5 Pfeifer Drako Recent Developments/Updates
7.3 BRUGG Lifting AG
7.3.1 BRUGG Lifting AG Elevator Compensation Cable Company Information
7.3.2 BRUGG Lifting AG Elevator Compensation Cable Product Portfolio
7.3.3 BRUGG Lifting AG Elevator Compensation Cable Production, Value, Price and Gross Margin (2020-2025)
7.3.4 BRUGG Lifting AG Main Business and Markets Served
7.3.5 BRUGG Lifting AG Recent Developments/Updates
7.4 Kiswire
7.4.1 Kiswire Elevator Compensation Cable Company Information
7.4.2 Kiswire Elevator Compensation Cable Product Portfolio
7.4.3 Kiswire Elevator Compensation Cable Production, Value, Price and Gross Margin (2020-2025)
7.4.4 Kiswire Main Business and Markets Served
7.4.5 Kiswire Recent Developments/Updates
7.5 Bridon-Bekaert
7.5.1 Bridon-Bekaert Elevator Compensation Cable Company Information
7.5.2 Bridon-Bekaert Elevator Compensation Cable Product Portfolio
7.5.3 Bridon-Bekaert Elevator Compensation Cable Production, Value, Price and Gross Margin (2020-2025)
7.5.4 Bridon-Bekaert Main Business and Markets Served
7.5.5 Bridon-Bekaert Recent Developments/Updates
7.6 Safety Wire Rope
7.6.1 Safety Wire Rope Elevator Compensation Cable Company Information
7.6.2 Safety Wire Rope Elevator Compensation Cable Product Portfolio
7.6.3 Safety Wire Rope Elevator Compensation Cable Production, Value, Price and Gross Margin (2020-2025)
7.6.4 Safety Wire Rope Main Business and Markets Served
7.6.5 Safety Wire Rope Recent Developments/Updates
7.7 Goldsun Wire Rope
7.7.1 Goldsun Wire Rope Elevator Compensation Cable Company Information
7.7.2 Goldsun Wire Rope Elevator Compensation Cable Product Portfolio
7.7.3 Goldsun Wire Rope Elevator Compensation Cable Production, Value, Price and Gross Margin (2020-2025)
7.7.4 Goldsun Wire Rope Main Business and Markets Served
7.7.5 Goldsun Wire Rope Recent Developments/Updates
7.8 Shenwang Group Wire Rope
7.8.1 Shenwang Group Wire Rope Elevator Compensation Cable Company Information
7.8.2 Shenwang Group Wire Rope Elevator Compensation Cable Product Portfolio
7.8.3 Shenwang Group Wire Rope Elevator Compensation Cable Production, Value, Price and Gross Margin (2020-2025)
7.8.4 Shenwang Group Wire Rope Main Business and Markets Served
7.8.5 Shenwang Group Wire Rope Recent Developments/Updates
7.9 Valin Precision
7.9.1 Valin Precision Elevator Compensation Cable Company Information
7.9.2 Valin Precision Elevator Compensation Cable Product Portfolio
7.9.3 Valin Precision Elevator Compensation Cable Production, Value, Price and Gross Margin (2020-2025)
7.9.4 Valin Precision Main Business and Markets Served
7.9.5 Valin Precision Recent Developments/Updates
7.10 Fuxing Technology
7.10.1 Fuxing Technology Elevator Compensation Cable Company Information
7.10.2 Fuxing Technology Elevator Compensation Cable Product Portfolio
7.10.3 Fuxing Technology Elevator Compensation Cable Production, Value, Price and Gross Margin (2020-2025)
7.10.4 Fuxing Technology Main Business and Markets Served
7.10.5 Fuxing Technology Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Elevator Compensation Cable Industry Chain Analysis
8.2 Elevator Compensation Cable Raw Material Supply Analysis
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Elevator Compensation Cable Production Mode & Process Analysis
8.4 Elevator Compensation Cable Sales and Marketing
8.4.1 Elevator Compensation Cable Sales Channels
8.4.2 Elevator Compensation Cable Distributors
8.5 Elevator Compensation Cable Customer Analysis
9 Elevator Compensation Cable Market Dynamics
9.1 Elevator Compensation Cable Industry Trends
9.2 Elevator Compensation Cable Market Drivers
9.3 Elevator Compensation Cable Market Challenges
9.4 Elevator Compensation Cable Market Restraints
10 Research Findings and Conclusion
11 Methodology and Data Source
11.1 Methodology/Research Approach
11.1.1 Research Programs/Design
11.1.2 Market Size Estimation
11.1.3 Market Breakdown and Data Triangulation
11.2 Data Source
11.2.1 Secondary Sources
11.2.2 Primary Sources
11.3 Author List
11.4 Disclaimer

Companies Mentioned:

Gustav Wolf
Pfeifer Drako
BRUGG Lifting AG
Kiswire
Bridon-Bekaert
Safety Wire Rope
Goldsun Wire Rope
Shenwang Group Wire Rope
Valin Precision
Fuxing Technology

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