The prominent companies defining the competitive landscape of elevator ropes market are :
WireCo WorldGroup Inc.
Gustav Wolf GmbH
Usha Martin Limited
Brugg Group
Tokyo Rope International Co,Ltd
KISWIRE LTD.
Teufelberger Wire Rope
PFEIFER DRAKO Drahtseilwerk GmbH & Co. KG
VERTEX Ropes Pvt. Ltd.
Jiangsu Safety Steel Wire Rope Co. Ltd.
Authors:
Avinash Singh, Sunita Singh
Frequently Asked Questions (FAQ) :
The market size for elevator ropes is estimated to record a CAGR of over 4.5% during 2023 to 2032, driven by the rapid urbanization and industrialization.
The machine room less (MRL) segment is predicted to showcase a notable growth with over 4.4% CAGR during 2023 to 2032, owing to the efficient space utilization in buildings.
Asia Pacific elevator ropes market will present a plethora of opportunities for the manufacturers over 2023-2032, driven by the economic growth in the nations across the region, along with a huge population that is leading to the construction of high-rise buildings.
Usha Martin Limited, Brugg Group, Tokyo Rope International, KISWIRE LTD., Teufelberger Wire Rope, PFEIFER DRAKO Drahtseilwerk GmbH & Co. KG, VERTEX Ropes Pvt. Ltd., and Jiangsu Safety Steel Wire Rope Co., Ltd. among others.