Elevator compensation wire rope is a component used to connect the elevator car and counterweight, balance the weight of the traction rope and accompanying cable, and play a balancing role in the operation of the elevator. During the operation of the elevator, the lengths of the wire ropes on the car side and the counterweight side are constantly changing, which causes changes in the weight of the wire ropes on both sides of the traction sheave. When the lifting height of the elevator exceeds a certain height, components with a certain weight must be installed to balance the changes in balance weight caused by changes in height, so the elevator's compensation wire rope came into being.
Compensation wire ropes generally have high compressive strength and hardness, and have a longer service life than elevator counterweight wire ropes, but their load-bearing capacity is not as good as elevator counterweight wire ropes. Its main function is to eliminate errors caused by excessive length changes between the elevator driver's cables due to factors such as elastic magnification when the elevators are separated by a certain lifting distance, thereby ensuring the stability and reliability of the elevator system.
The global Elevator Compensation Wire Rope market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of %during the forecast period 2024-2030.
North American market for Elevator Compensation Wire Rope is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Elevator Compensation Wire Rope is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
The major global manufacturers of Elevator Compensation Wire Rope include Gustav Wolf, Pfeifer Drako, BRUGG Lifting AG, Kiswire, Bridon-Bekaert, Jiangsu Safety Wire Rope, Tianjin Goldsun Wire Rope Ltd., Jiangsu Shenwang Group Wire Rope Co., Ltd, Changsha Aulone Construction, etc. In 2023, 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 Wire Rope, 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 Wire Rope.
The Elevator Compensation Wire Rope market size, estimations, and forecasts are provided in terms of output/shipments (Tons) and revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Elevator Compensation Wire Rope 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 Wire Rope 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
Jiangsu Safety Wire Rope
Tianjin Goldsun Wire Rope Ltd.
Jiangsu Shenwang Group Wire Rope Co., Ltd
Changsha Aulone Construction
by Type
6-Strand
8-Strand
Others
by Application
Traction Elevator
Hydraulic Elevator
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 Wire Rope 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 Wire Rope 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 Wire Rope 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.
1 Elevator Compensation Wire Rope Market Overview
1.1 Product Definition
1.2 Elevator Compensation Wire Rope by Type
1.2.1 Global Elevator Compensation Wire Rope Market Value Growth Rate Analysis by Type: 2023 VS 2030
1.2.2 6-Strand
1.2.3 8-Strand
1.2.4 Others
1.3 Elevator Compensation Wire Rope by Application
1.3.1 Global Elevator Compensation Wire Rope Market Value Growth Rate Analysis by Application: 2023 VS 2030
1.3.2 Traction Elevator
1.3.3 Hydraulic Elevator
1.4 Global Market Growth Prospects
1.4.1 Global Elevator Compensation Wire Rope Production Value Estimates and Forecasts (2019-2030)
1.4.2 Global Elevator Compensation Wire Rope Production Capacity Estimates and Forecasts (2019-2030)
1.4.3 Global Elevator Compensation Wire Rope Production Estimates and Forecasts (2019-2030)
1.4.4 Global Elevator Compensation Wire Rope Market Average Price Estimates and Forecasts (2019-2030)
1.5 Assumptions and Limitations
2 Market Competition by Manufacturers
2.1 Global Elevator Compensation Wire Rope Production Market Share by Manufacturers (2019-2024)
2.2 Global Elevator Compensation Wire Rope Production Value Market Share by Manufacturers (2019-2024)
2.3 Global Key Players of Elevator Compensation Wire Rope, Industry Ranking, 2022 VS 2023
2.4 Global Elevator Compensation Wire Rope Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
2.5 Global Elevator Compensation Wire Rope Average Price by Manufacturers (2019-2024)
2.6 Global Key Manufacturers of Elevator Compensation Wire Rope, Manufacturing Base Distribution and Headquarters
2.7 Global Key Manufacturers of Elevator Compensation Wire Rope, Product Offered and Application
2.8 Global Key Manufacturers of Elevator Compensation Wire Rope, Date of Enter into This Industry
2.9 Elevator Compensation Wire Rope Market Competitive Situation and Trends
2.9.1 Elevator Compensation Wire Rope Market Concentration Rate
2.9.2 Global 5 and 10 Largest Elevator Compensation Wire Rope Players Market Share by Revenue
2.10 Mergers & Acquisitions, Expansion
3 Elevator Compensation Wire Rope Production by Region
3.1 Global Elevator Compensation Wire Rope Production Value Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.2 Global Elevator Compensation Wire Rope Production Value by Region (2019-2030)
3.2.1 Global Elevator Compensation Wire Rope Production Value Market Share by Region (2019-2024)
3.2.2 Global Forecasted Production Value of Elevator Compensation Wire Rope by Region (2025-2030)
3.3 Global Elevator Compensation Wire Rope Production Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
3.4 Global Elevator Compensation Wire Rope Production by Region (2019-2030)
3.4.1 Global Elevator Compensation Wire Rope Production Market Share by Region (2019-2024)
3.4.2 Global Forecasted Production of Elevator Compensation Wire Rope by Region (2025-2030)
3.5 Global Elevator Compensation Wire Rope Market Price Analysis by Region (2019-2024)
3.6 Global Elevator Compensation Wire Rope Production and Value, Year-over-Year Growth
3.6.1 North America Elevator Compensation Wire Rope Production Value Estimates and Forecasts (2019-2030)
3.6.2 Europe Elevator Compensation Wire Rope Production Value Estimates and Forecasts (2019-2030)
3.6.3 China Elevator Compensation Wire Rope Production Value Estimates and Forecasts (2019-2030)
3.6.4 Japan Elevator Compensation Wire Rope Production Value Estimates and Forecasts (2019-2030)
4 Elevator Compensation Wire Rope Consumption by Region
4.1 Global Elevator Compensation Wire Rope Consumption Estimates and Forecasts by Region: 2019 VS 2023 VS 2030
4.2 Global Elevator Compensation Wire Rope Consumption by Region (2019-2030)
4.2.1 Global Elevator Compensation Wire Rope Consumption by Region (2019-2030)
4.2.2 Global Elevator Compensation Wire Rope Forecasted Consumption by Region (2025-2030)
4.3 North America
4.3.1 North America Elevator Compensation Wire Rope Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.3.2 North America Elevator Compensation Wire Rope Consumption by Country (2019-2030)
4.3.3 U.S.
4.3.4 Canada
4.4 Europe
4.4.1 Europe Elevator Compensation Wire Rope Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.4.2 Europe Elevator Compensation Wire Rope Consumption by Country (2019-2030)
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 Wire Rope Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.5.2 Asia Pacific Elevator Compensation Wire Rope Consumption by Region (2019-2030)
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 Wire Rope Consumption Growth Rate by Country: 2019 VS 2023 VS 2030
4.6.2 Latin America, Middle East & Africa Elevator Compensation Wire Rope Consumption by Country (2019-2030)
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 Wire Rope Production by Type (2019-2030)
5.1.1 Global Elevator Compensation Wire Rope Production by Type (2019-2024)
5.1.2 Global Elevator Compensation Wire Rope Production by Type (2025-2030)
5.1.3 Global Elevator Compensation Wire Rope Production Market Share by Type (2019-2030)
5.2 Global Elevator Compensation Wire Rope Production Value by Type (2019-2030)
5.2.1 Global Elevator Compensation Wire Rope Production Value by Type (2019-2024)
5.2.2 Global Elevator Compensation Wire Rope Production Value by Type (2025-2030)
5.2.3 Global Elevator Compensation Wire Rope Production Value Market Share by Type (2019-2030)
5.3 Global Elevator Compensation Wire Rope Price by Type (2019-2030)
6 Segment by Application
6.1 Global Elevator Compensation Wire Rope Production by Application (2019-2030)
6.1.1 Global Elevator Compensation Wire Rope Production by Application (2019-2024)
6.1.2 Global Elevator Compensation Wire Rope Production by Application (2025-2030)
6.1.3 Global Elevator Compensation Wire Rope Production Market Share by Application (2019-2030)
6.2 Global Elevator Compensation Wire Rope Production Value by Application (2019-2030)
6.2.1 Global Elevator Compensation Wire Rope Production Value by Application (2019-2024)
6.2.2 Global Elevator Compensation Wire Rope Production Value by Application (2025-2030)
6.2.3 Global Elevator Compensation Wire Rope Production Value Market Share by Application (2019-2030)
6.3 Global Elevator Compensation Wire Rope Price by Application (2019-2030)
7 Key Companies Profiled
7.1 Gustav Wolf
7.1.1 Gustav Wolf Elevator Compensation Wire Rope Company Information
7.1.2 Gustav Wolf Elevator Compensation Wire Rope Product Portfolio
7.1.3 Gustav Wolf Elevator Compensation Wire Rope Production, Value, Price and Gross Margin (2019-2024)
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 Wire Rope Company Information
7.2.2 Pfeifer Drako Elevator Compensation Wire Rope Product Portfolio
7.2.3 Pfeifer Drako Elevator Compensation Wire Rope Production, Value, Price and Gross Margin (2019-2024)
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 Wire Rope Company Information
7.3.2 BRUGG Lifting AG Elevator Compensation Wire Rope Product Portfolio
7.3.3 BRUGG Lifting AG Elevator Compensation Wire Rope Production, Value, Price and Gross Margin (2019-2024)
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 Wire Rope Company Information
7.4.2 Kiswire Elevator Compensation Wire Rope Product Portfolio
7.4.3 Kiswire Elevator Compensation Wire Rope Production, Value, Price and Gross Margin (2019-2024)
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 Wire Rope Company Information
7.5.2 Bridon-Bekaert Elevator Compensation Wire Rope Product Portfolio
7.5.3 Bridon-Bekaert Elevator Compensation Wire Rope Production, Value, Price and Gross Margin (2019-2024)
7.5.4 Bridon-Bekaert Main Business and Markets Served
7.5.5 Bridon-Bekaert Recent Developments/Updates
7.6 Jiangsu Safety Wire Rope
7.6.1 Jiangsu Safety Wire Rope Elevator Compensation Wire Rope Company Information
7.6.2 Jiangsu Safety Wire Rope Elevator Compensation Wire Rope Product Portfolio
7.6.3 Jiangsu Safety Wire Rope Elevator Compensation Wire Rope Production, Value, Price and Gross Margin (2019-2024)
7.6.4 Jiangsu Safety Wire Rope Main Business and Markets Served
7.6.5 Jiangsu Safety Wire Rope Recent Developments/Updates
7.7 Tianjin Goldsun Wire Rope Ltd.
7.7.1 Tianjin Goldsun Wire Rope Ltd. Elevator Compensation Wire Rope Company Information
7.7.2 Tianjin Goldsun Wire Rope Ltd. Elevator Compensation Wire Rope Product Portfolio
7.7.3 Tianjin Goldsun Wire Rope Ltd. Elevator Compensation Wire Rope Production, Value, Price and Gross Margin (2019-2024)
7.7.4 Tianjin Goldsun Wire Rope Ltd. Main Business and Markets Served
7.7.5 Tianjin Goldsun Wire Rope Ltd. Recent Developments/Updates
7.8 Jiangsu Shenwang Group Wire Rope Co., Ltd
7.8.1 Jiangsu Shenwang Group Wire Rope Co., Ltd Elevator Compensation Wire Rope Company Information
7.8.2 Jiangsu Shenwang Group Wire Rope Co., Ltd Elevator Compensation Wire Rope Product Portfolio
7.8.3 Jiangsu Shenwang Group Wire Rope Co., Ltd Elevator Compensation Wire Rope Production, Value, Price and Gross Margin (2019-2024)
7.8.4 Jiangsu Shenwang Group Wire Rope Co., Ltd Main Business and Markets Served
7.8.5 Jiangsu Shenwang Group Wire Rope Co., Ltd Recent Developments/Updates
7.9 Changsha Aulone Construction
7.9.1 Changsha Aulone Construction Elevator Compensation Wire Rope Company Information
7.9.2 Changsha Aulone Construction Elevator Compensation Wire Rope Product Portfolio
7.9.3 Changsha Aulone Construction Elevator Compensation Wire Rope Production, Value, Price and Gross Margin (2019-2024)
7.9.4 Changsha Aulone Construction Main Business and Markets Served
7.9.5 Changsha Aulone Construction Recent Developments/Updates
8 Industry Chain and Sales Channels Analysis
8.1 Elevator Compensation Wire Rope Industry Chain Analysis
8.2 Elevator Compensation Wire Rope Key Raw Materials
8.2.1 Key Raw Materials
8.2.2 Raw Materials Key Suppliers
8.3 Elevator Compensation Wire Rope Production Mode & Process
8.4 Elevator Compensation Wire Rope Sales and Marketing
8.4.1 Elevator Compensation Wire Rope Sales Channels
8.4.2 Elevator Compensation Wire Rope Distributors
8.5 Elevator Compensation Wire Rope Customers
9 Elevator Compensation Wire Rope Market Dynamics
9.1 Elevator Compensation Wire Rope Industry Trends
9.2 Elevator Compensation Wire Rope Market Drivers
9.3 Elevator Compensation Wire Rope Market Challenges
9.4 Elevator Compensation Wire Rope 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
Gustav Wolf
Pfeifer Drako
BRUGG Lifting AG
Kiswire
Bridon-Bekaert
Jiangsu Safety Wire Rope
Tianjin Goldsun Wire Rope Ltd.
Jiangsu Shenwang Group Wire Rope Co., Ltd
Changsha Aulone Construction
听
听
*If Applicable.
