Traction Wire Rope Market, Global Outlook and Forecast 2023-2028

Report ID: 1646159 | Published Date: Jan 2025 | No. of Page: 71 | Base Year: 2024 | Rating: 5 | Webstory: Check our Web story

This report contains market size and forecasts of Traction Wire Rope in global, including the following market information:
Global Traction Wire Rope Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Traction Wire Rope Market Sales, 2017-2022, 2023-2028, (Tons)
Global top five Traction Wire Rope companies in 2021 (%)
The global Traction Wire Rope market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
7-strand Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Traction Wire Rope include PFEIFER Group, Gustav Wolf, Bekaert, Wirerope Works, Kiswire, CERTEX, Usha Martin, Yangzhou Ruiguang Electric Power Equipment Co., Ltd. and Dongguan Shenyuan Thread Industry Co., Ltd., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Traction Wire Rope 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 Traction Wire Rope Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Traction Wire Rope Market Segment Percentages, by Type, 2021 (%)
7-strand
8-strand
9-strand
Others
Global Traction Wire Rope Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Traction Wire Rope Market Segment Percentages, by Application, 2021 (%)
Power Construction
Elevator
Others
Global Traction Wire Rope Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Tons)
Global Traction Wire Rope Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Traction Wire Rope revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Traction Wire Rope revenues share in global market, 2021 (%)
Key companies Traction Wire Rope sales in global market, 2017-2022 (Estimated), (Tons)
Key companies Traction Wire Rope sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
PFEIFER Group
Gustav Wolf
Bekaert
Wirerope Works
Kiswire
CERTEX
Usha Martin
Yangzhou Ruiguang Electric Power Equipment Co., Ltd.
Dongguan Shenyuan Thread Industry Co., Ltd.
Jiangsu Huasheng Rope Co., Ltd.
Taizhou Development Zone Jinda Electric Appliance Co., Ltd.
Yangzhou Juquan Electric Machinery Co., Ltd.
Taizhou Jianghua Power Equipment Co., Ltd.

Frequently Asked Questions
Traction Wire Rope Market report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Traction Wire Rope Market report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Traction Wire Rope Market report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

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