Request SampleGlobal Steel Wire Rope Sales Market Report 2023
SKU ID : QYR-22287924 | Publishing Date : 02-Jan-2023 | No. of pages : 147
Market Analysis and Insights: Global Steel Wire Rope Market
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.
Due to the COVID-19 pandemic, the global Steel Wire Rope market size is estimated to be worth US$ 8811.4 million in 2022 and is forecast to a readjusted size of US$ 11010 million by 2029 with a CAGR of 3.2% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Left Regular Lay accounting for % of the Steel Wire Rope global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Industrial & Crane segment is altered to an % CAGR throughout this forecast period.
China is the largest market with about 34% market share. Europe is follower with about 29% market share.
The key players are WireCo World Group, Tokyo Rope, Kiswire, Usha Martin, Scaw Metal, DIEPA, Bridon, Shinko, DSR, Gustav Wolf, YoungHeung, PFEIFER, Teufelberger, Redaelli, Brugg, Jiangsu Shenwang, Jiangsu Safety, Juli Sling, Ansteel Wire Rope, Hubei Fuxing, Jiangsu Langshan, Guizhou Wire Rope, Fasten Group, Xianyang Bamco etc. The top 5 companies account for about 19% of revenue market share.
Global Steel Wire Rope Scope and Market Size
The global Steel Wire Rope market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Steel Wire Rope market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Left Regular Lay
Left Lang Lay
Right Regular Lay
Right Lang Lay
Alternate Lay
Segment by Application
Industrial & Crane
Oil & Gas
Mining
Fishing & Marine
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
WireCo World Group
Tokyo Rope
Kiswire
Usha Martin
Scaw Metal
DIEPA
Bridon
Shinko
DSR
Gustav Wolf
YoungHeung
PFEIFER
Teufelberger
Redaelli
Brugg
Jiangsu Shenwang
Jiangsu Safety
Juli Sling
Ansteel Wire Rope
Hubei Fuxing
Jiangsu Langshan
Guizhou Wire Rope
Fasten Group
Xianyang Bamco
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.
Due to the COVID-19 pandemic, the global Steel Wire Rope market size is estimated to be worth US$ 8811.4 million in 2022 and is forecast to a readjusted size of US$ 11010 million by 2029 with a CAGR of 3.2% during the forecast period 2023-2029. Fully considering the economic change by this health crisis, Left Regular Lay accounting for % of the Steel Wire Rope global market in 2022, is projected to value US$ million by 2029, growing at a revised % CAGR from 2023 to 2029. While Industrial & Crane segment is altered to an % CAGR throughout this forecast period.
China is the largest market with about 34% market share. Europe is follower with about 29% market share.
The key players are WireCo World Group, Tokyo Rope, Kiswire, Usha Martin, Scaw Metal, DIEPA, Bridon, Shinko, DSR, Gustav Wolf, YoungHeung, PFEIFER, Teufelberger, Redaelli, Brugg, Jiangsu Shenwang, Jiangsu Safety, Juli Sling, Ansteel Wire Rope, Hubei Fuxing, Jiangsu Langshan, Guizhou Wire Rope, Fasten Group, Xianyang Bamco etc. The top 5 companies account for about 19% of revenue market share.
Global Steel Wire Rope Scope and Market Size
The global Steel Wire Rope market is segmented by company, region (country), type and application. Players, stakeholders, and other participants in the global Steel Wire Rope market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), type and application for the period 2018-2029.
Segment by Type
Left Regular Lay
Left Lang Lay
Right Regular Lay
Right Lang Lay
Alternate Lay
Segment by Application
Industrial & Crane
Oil & Gas
Mining
Fishing & Marine
Others
By Region
United States
Europe
China
Japan
Southeast Asia
India
Other Regions
By Company
WireCo World Group
Tokyo Rope
Kiswire
Usha Martin
Scaw Metal
DIEPA
Bridon
Shinko
DSR
Gustav Wolf
YoungHeung
PFEIFER
Teufelberger
Redaelli
Brugg
Jiangsu Shenwang
Jiangsu Safety
Juli Sling
Ansteel Wire Rope
Hubei Fuxing
Jiangsu Langshan
Guizhou Wire Rope
Fasten Group
Xianyang Bamco
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