Summary

Elevator Rope Market Trends and Forecast
The future of the global elevator rope market looks promising with opportunities in the machine room elevator, machine room less elevator, and hydraulic elevator markets. The global elevator rope market is expected to grow with a CAGR of 3.4% from 2025 to 2031. The major drivers for this market are the rising urbanization & infrastructure development, the growing demand for high-speed & energy-efficient elevators, and the increasing safety & maintenance standards.

• Lucintel forecasts that, within the product type category, independent wire rope core is expected to witness higher growth over the forecast period.
• Within the elevator type category, machine room elevator is expected to witness the highest growth.
• In terms of region, North America is expected to witness the highest growth over the forecast period.
Gain valuable insights for your business decisions with our comprehensive 150+ page report. Sample figures with some insights are shown below.

Emerging Trends in the Elevator Rope Market
The elevator rope market is already facing massive change with the convergence of technology advances, urbanization, and rising emphasis on efficiency and safety in vertical transportation. These new trends are not incremental shifts but are revolutionizing the way elevator ropes are produced, operated, and maintained. Smart, light, and resilient solutions are the key to this shift, seeking to optimize elevator performance, lower operating expenditures, and keep pace with contemporary high-rise construction.
• Lightweight and High-Performance Cables: This is a trend of creating and widespread use of elevator cables produced using advanced materials such as carbon fiber composites or high-strength synthetic fibers, both of which are much lighter and stronger than conventional steel cables. The aim is to minimize the total weight of the moving mass in elevator installations, resulting in huge energy savings and the ability to achieve taller travel. The effect is a revolution in elevator technology, facilitating higher buildings and quicker, more efficient lifts, in addition to minimizing elevator machinery stress and even prolonging the life of components.
• Smart Ropes with Built-in Sensors: The trend entails placing sensors inside elevator ropes to constantly report their condition, tension, wear, and other key parameters in real time. These intelligent ropes can send data to a central monitoring system, allowing for predictive maintenance and proactive intervention. The aim is improved safety, minimizing surprise breakdowns, and optimizing maintenance schedules. The result is a move away from reactive maintenance to proactive maintenance, greatly enhancing elevator reliability, cutting downtime, and potentially saving building owners and elevator service companies operation costs.
• Growing Demand for Coated Ropes: This trend is the application of specialized coatings, usually created from polyurethane or other polymers, on elevator ropes. The coatings provide a number of advantages, such as less noise, increased traction, and the abolition of lubrication needs. This results in cleaner elevator shafts and lower maintenance requirements. The effect is an ecologically friendly elevator system, less noise pollution within buildings, and lower long-term maintenance expenses through the abolition of lubrication needs and longer rope life.
• Ropeless Technology and Its Impact: Although counterintuitive, the development of ropeless elevator technology (e.g., MULTI by TK Elevator) is impacting the conventional rope market. This technology, using linear motors, supports horizontal and vertical motion and multiple cabins for every shaft. Although not eliminating ropes for all uses, it challenges innovation within traditional rope technology to match efficiency and space. The effect is a two-way pressure: on the one hand, it creates pressures for innovation in traditional ropes to hold existing market share, and on the other, it creates new design opportunities for vertical transport in intricate buildings.
• Sustainability and Recyclability of Materials: This trend is centered on more sustainable materials and production methods for elevator ropes, as well as creating recycling techniques for used ropes. Suppliers are working to minimize their environmental impact, from material sourcing to end-of-life disposal. The result is increased focus on green elevator solutions that align with international green building movements and corporate sustainability objectives. This also assists in responding to rising regulatory pressures and consumer demand for environmentally responsive products.
These trends are in essence revolutionizing the elevator rope market by demanding innovation in material science, incorporating digital intelligence, and emphasizing environmental responsibility. The market is transforming from just delivering robust ropes to delivering smart, green, and highly efficient future-oriented vertical transportation solutions.

Recent Developments in the Elevator Rope Market
The elevator rope market, being an important part of the world's vertical transportation market, has been going through some key recent changes. These changes are fueled by the broader objectives of upgrading safety, raising efficiency, enhancing product lifetimes, and responding to the new needs of contemporary building architecture, especially the development of higher and more complex constructions. These changes are transforming elevator rope production, installation, and upkeep into efficient, dependable, and sustainable vertical mobility.
• Commercialization and growing use of Carbon Fiber Ropes (e.g., KONE Ultra Rope): One of the main developments is the commercialization and growing use of carbon fiber-based elevator ropes, including KONE Ultra Rope. These ropes are much lighter than the conventional steel ropes, saving elevator energy consumption, particularly in high-rise buildings. They are also lighter in weight, and consequently less moving mass, which makes them suitable for longer travel distances and reduced counterweights. The effect is a groundbreaking innovation in elevator design, allowing super-tall skyscrapers to have more efficient and speedier vertical transportation systems with less wear and tear on elevator machinery.
• Improved Lubrication-Free and Coated Ropes: Current innovations involve the common application of specialized coatings, usually polyurethane-based, on steel wire ropes or the creation of totally lubrication-free rope systems. These coatings minimize friction, reduce noise, and eliminate the requirement for external lubrication, resulting in cleaner operations and less maintenance. The effect is lower operating expenses for building owners, a greener elevator system by not using lubricants, and better passenger experience through less noisy and smoother rides, especially applicable in new commercial and residential buildings.
• Incorporation of Digital Monitoring and Predictive Maintenance: A key innovation is the integration of digital technologies, such as sensors and Internet of Things (IoT) connectivity, into elevator rope systems. These intelligent ropes are able to report their own condition, tension, and wear in real time, sending data to central monitoring stations. The effect is a move toward predictive maintenance, enabling proactive maintenance and replacement of ropes prior to failure, greatly improving safety, minimizing unexpected downtime, and maximizing maintenance schedules, resulting in improved operational efficiency.
• High-Strength and Long-Lasting Steel Wire Ropes: While new materials are being developed, there is ongoing improvement in conventional steel wire ropes to improve their strength, flexibility, and longevity. Advances in steel alloys, wire drawing, and rope manufacture (e.g., parallel lay, compact strands) are designed to improve their lifespan and performance under harsh conditions. The effect is enhanced safety and reliability for traditional elevator systems with longer service intervals and lower rope replacement frequencies, hence providing a cost-saving solution for broad elevator applications.
• Energy Efficiency Focus in Rope Design: In addition to lightweighting, recent innovations focus on developing elevator ropes that directly impact the overall energy efficiency of the elevator system. These involve enhancing rope and sheave compatibility to reduce friction losses and overall dynamic performance of the rope in combination with the traction machine. The consequence is a decrease in power consumption by elevators, consistent with international green building standards and enabling building owners to realize energy savings that promote additional sustainability of urban infrastructure.
These advances are basically transforming the elevator rope market by stimulating innovation on every front, ranging from material science to digital integration. The market is transforming in order to deliver safer, more efficient, and more sustainable solutions that can address the intricate needs of contemporary urban settings and tall buildings.

Strategic Growth Opportunities in the Elevator Rope Market
The elevator rope market, though mature, presents unique strategic growth prospects across key applications due to continuous urbanization, construction of high-rise buildings, and continuous needs for secure and efficient vertical transportation. It is essential for market players to identify and leverage these particular application segments in order to continue sustainable growth and enhance their market presence. By adapting solutions to the individual needs and challenges of each market, firms can optimize their market penetration and play a key role in modern infrastructure.
• New High-Rise Building Installations: The worldwide trend toward constructing super-tall and high-rise buildings, especially in Asia and the Middle East, offers the largest growth opportunity. These buildings demand sophisticated, high-performance elevator ropes that can withstand extreme loads, high speeds, and extensive travel distances. Strategic opportunities include establishing close relationships with large elevator manufacturers and construction companies involved in such landmark projects. The effect is for new installations, a demand for state-of-the-art rope technologies such as lightweight and long-lasting materials, leading to innovation and market growth.
• Replacement and Modernization of Old Elevators: There is a significant growth opportunity in the replacement and modernization market for old elevator systems globally. With aging buildings, their elevator ropes require regular checking and replacement to achieve safety and sustain performance. Strategic possibilities include supplying long-lasting, high-quality replacement ropes meeting today's safety standards and offering better efficiency. The impact is a consistent, recurring revenue flow based on the enormous installed base of elevators worldwide and mandatory regulatory needs for periodic maintenance and safety enhancements.
• Residential Sector (Mid-Rise and High-Rise Buildings): Growing world population and fast-paced urbanization are causing a boom in residential mid-rise and high-rise building development, especially in developing economies. All these buildings need multiple elevator systems, resulting in the demand for elevator ropes. Strategic opportunities include providing economical yet high-reliability rope solutions for the high-volume market, embracing a wide variety of building types and economic scenarios. The effect is a high volume market for standard and mid-range performance elevator ropes, adding considerably to market size.
• Commercial and Mixed-Use Developments: The steady expansion of commercial buildings, office buildings, shopping centers, and mixed-use developments across the globe gives rise to a strong demand for elevator ropes. Such uses frequently call for high-speed, high-capacity elevators with strict safety and performance demands. Strategic opportunities include offering sophisticated ropes for such demanding applications, possibly including those with intelligent monitoring features. The effect is a high-value market fueled by economic development, business growth, and the requirement for efficient people flow in cities.
• Specialized Applications (e.g., Industrial, Marine, Themed Parks): There are niche but meaningful growth prospects in specialized applications like industrial structures (e.g., heavy-duty freight elevators), marine (e.g., ship elevators), and theme park entertainment where there are distinct operating requirements. Such applications tend to demand ropes with exacting resistances to corrosion, harsh temperatures, or unusual loads. Strategic opportunities here include creating niche rope solutions that meet these singular requirements and regulatory contexts. The effect is market diversification and the capacity to cater to specialized segments with high-performance, bespoke-engineered ropes.
These growth opportunities based on strategic plans are affecting the elevator rope market in their core by propelling it into new construction and refurbishment initiatives in a variety of building types and specialized uses. The market is changing to accommodate the sophisticated and diverse needs of contemporary vertical transportation to remain relevant and continue to grow.

Elevator Rope Market Driver and Challenges
The elevator rope market functions within a dynamic context influenced by numerous technological, economic, and regulatory forces. Its expansion is influenced mainly by swift urbanization, the spread of high-rise developments, and a growing emphasis on safety and efficiency within vertical transport systems. Nevertheless, the market is also confronted with significant challenges such as fierce price competition, the development of substitute technologies such as ropeless elevators, and raw material cost volatility. A clear appreciation of the complex influences is essential for market stakeholders to develop effective strategy and take advantage of opportunities while avoiding possible risks.
The factors responsible for driving the elevator rope market include:
1. Sudden Urbanization and High-Rise Development: The ongoing worldwide urbanization trend, especially in developing economies, creates a substantial rise in high-rise residential, commercial, and mixed-use properties. Each new high-rise project needs several elevator systems, hence directly fueling the demand for elevator ropes. The effect is a steady and large market demand, most notably in densely populated areas, as cities grow upward to house more people and economic activity, generating a huge installation base for new ropes.
2. Stringent Safety Standards and Regulations: Safety for elevators is a top priority, resulting in strict national and international standards and regulations (e.g., EN 81, ASME A17.1) that control elevator rope design, production, and upkeep. Such regulations require the application of high-quality, dependable, and certified ropes, which inspires innovation and guarantees stable demand for compliant products. The result is quality and safety emphasis by producers, building confidence in elevator systems and guaranteeing minimum demand for ropes meeting strict safety standards.
3. Technological developments in elevator systems: The evolution of sophisticated elevator systems, including high-speed elevators, machine room less (MRL) elevators, and intelligent elevators, directly fosters innovation in elevator ropes. The systems demand ropes that are stronger, more durable, and compatible with digital monitoring. The result is a relentless challenge to rope materials and design research and development, leading to the installation of more efficient, speedy, and space-efficient vertical transportation solutions compliant with contemporary architectural requirements.
4. Growing Focus on Energy Efficiency: With building owners and operators placing greater emphasis on lowering energy consumption and operational expenses, the demand for energy-efficient elevator systems is growing. This encompasses the creation of light ropes (e.g., carbon fiber) that decrease the amount of power needed to move the elevator car and counterweight. The result is a market trend toward new rope materials and structures that lead to reduced energy costs and support worldwide green building programs appealing to environmentally aware stakeholders.
5. Expansion in the Modernization and Maintenance Market: One major impetus is the extensive installed base of elevators worldwide that need periodic modernization or replacement of parts, such as ropes. Over time, ropes in elevators deteriorate and must be replaced in order to continue operating safely and efficiently. The effect is a consistent and reliable revenue stream for rope manufacturers and service companies based on routine maintenance cycles and the ongoing need to upgrade older equipment to conform with today's safety and performance standards.

Challenges in the elevator rope market are:
1. Intense Price Competition: The market for elevator rope, especially for conventional steel wire ropes, is subject to strong price competition from incumbent players and new entrants, most notably from lower-cost manufacturing regions. Such pressure threatens to eat into manufacturers' and suppliers' profit margins. The effect is the ever-present requirement for cost reduction in manufacturing, supply chain optimization, and differentiation on quality, advanced functionality, or better service in order to remain competitive in a price-conscious market.
2. Ropeless Elevator Technology Emergence: Not a direct substitute for all uses, the growth in development and deployment of ropeless elevator systems (such as those employing linear motor technology) is a long-term threat to the historic elevator rope market. As these technologies become more prevalent and affordable, they may curb demand for traditional ropes in some high-rise and complicated building schemes. The effect is a possible disruption of the conventional market, which calls for innovation and adjustment by rope producers to maintain validity.
3. Raw Material Cost Volatility: The key raw material for traditional elevator ropes is high-strength steel wire, whose price can be exposed to drastic variations based on global commodity markets, geopolitical tensions, and supply chain issues. The direct effect on manufacturing cost and profitability is felt. The effect is that it becomes challenging to adopt long-term pricing policies, there can be reduced margins for a period when raw material prices are high, and there is a requirement for efficient supply chain management to counter risks emanating from price volatility.
To sum up, the elevator rope market is dominated by worldwide urbanization, high-rise promotion pressure, and immense concern for vertical transport safety and power efficiency. Nevertheless, it suffers from overly aggressive price competition, the threatening substitute possibility of new ropeless technologies, and the volatility of raw material prices. The market's future will depend on its ability to continuously innovate, offer high-value solutions, and adapt to technological shifts while navigating economic pressures.

List of Elevator Rope Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies elevator rope companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the elevator rope companies profiled in this report include-
• BRUGG Lifting
• WireCo WorldGroup
• Gustav Wolf
• Bharat Wire Ropes Limited
• PFEIFER DRAKO Drahtseilwerk

Elevator Rope Market by Segment
The study includes a forecast for the global elevator rope market by product type, elevator type, and region.
Elevator Rope Market by Product Type [Value from 2019 to 2031]:
• Fiber core
• Independent wire rope core

Elevator Rope Market by Elevator Type [Value from 2019 to 2031]:
• Machine Room Elevator
• Machine Room Less Elevator
• Hydraulic Elevator

Elevator Rope Market by Region [Value from 2019 to 2031]:
• North America
• Europe
• Asia Pacific
• The Rest of the World

Country Wise Outlook for the Elevator Rope Market
The market for elevator ropes is an essential part of the international vertical transportation sector, facilitating the efficient and safe transport of passengers and cargo within buildings across the globe. Spurred by urbanization, the rising number of high-rise buildings, and ongoing technological progress, the market is undergoing serious transformation. Current advancements are directed towards increased durability, minimizing upkeep, efficiency in energy utilization, and the use of new materials to cater to the needs of current elevators, such as high-speed and machine room less systems. All this innovation ensures the consistency and sustainability of elevator systems in a more urbanized world.
• United States: The American elevator rope market is dominated by a high priority on safety standards and modernization of infrastructure. Some of the recent trends involve greater demand for high-performance steel wire ropes and the use of newer, lighter, and more resilient synthetic ropes for high-rise structures and high-end hospitality projects. Predictive maintenance technologies monitoring rope condition to plan for proactive replacement and reduce downtime are also gaining prominence. This indicates a focus on both efficiency and passenger safety.
• China: China leads the world in the elevator market, and its rope industry reflects that proportion. Developments in China in recent times are huge investments in local manufacturing capacities to address the demand of its booming high-rise building industry and smart city development programs. There is a big thrust towards the creation of sophisticated steel wire ropes and research into new materials, such as carbon fiber-based systems like KONE Ultra Rope, for ultra-high-speed and super-tall elevators. The market is also driven by significant infrastructure projects and rapid urbanization.
• Germany: Germany's elevator rope market is characterized by a culture of precision engineering, high quality, and sustainability. Developments recently indicate a move towards energy-saving elevator ropes that offer total building energy savings. German manufacturers are spending on research and development to improve rope lifespan and performance, especially for advanced machine room less systems and high-end commercial and residential applications. There is a focus on long-term reliability and meeting exacting European standards.
• India: India's elevator rope market is growing at a fast pace, led by widespread infrastructure expansion, urbanization, and a flourishing real estate industry. Recent developments involve expanded domestic production capacities by local as well as overseas players to meet the growing demand for elevators in residential and commercial properties. There has been a strong trend towards using more resilient and economical steel wire ropes, along with researching solutions for high-speed elevators in urban cities. The market is driven by government plans and rapid vertical growth.
• Japan: Japan's market for elevator ropes is dominated by a consideration of advanced technology, safety, and responding to the needs of an aging population and high-density cityscapes. Some of the latest developments encompass constant advancements in the performance and strength of steel wire ropes, as well as heavy research directed towards lighter, more energy-efficient substitutes. Innovations that improve safety levels and support the smooth running of elevators in earthquake zones are a priority for Japanese manufacturers, in addition to addressing the modernization of installed elevator base.

Features of the Global Elevator Rope Market
Market Size Estimates: Elevator rope market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2019 to 2024) and forecast (2025 to 2031) by various segments and regions.
Segmentation Analysis: Elevator rope market size by product type, elevator type, and region in terms of value ($B).
Regional Analysis: Elevator rope market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different product types, elevator types, and regions for the elevator rope market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the elevator rope market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.

This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the elevator rope market by product type (fiber core and independent wire rope core), elevator type (machine room elevator, machine room less elevator, and hydraulic elevator), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?

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Table of Contents

Table of Contents

1. Executive Summary

2. Market Overview
2.1 Background and Classifications
2.2 Supply Chain

3. Market Trends & Forecast Analysis
3.1 Global Elevator Rope Market Trends and Forecast
3.2 Industry Drivers and Challenges
3.3 PESTLE Analysis
3.4 Patent Analysis
3.5 Regulatory Environment

4. Global Elevator Rope Market by Product Type
4.1 Overview
4.2 Attractiveness Analysis by Product Type
4.3 Fiber core: Trends and Forecast (2019-2031)
4.4 Independent wire rope core: Trends and Forecast (2019-2031)

5. Global Elevator Rope Market by Functionality
5.1 Overview
5.2 Attractiveness Analysis by Functionality
5.3 Traction/Hoist: Trends and Forecast (2019-2031)
5.4 Governor: Trends and Forecast (2019-2031)
5.5 Compensation: Trends and Forecast (2019-2031)

6. Regional Analysis
6.1 Overview
6.2 Global Elevator Rope Market by Region

7. North American Elevator Rope Market
7.1 Overview
7.2 North American Elevator Rope Market by Product Type
7.3 North American Elevator Rope Market by Functionality
7.4 United States Elevator Rope Market
7.5 Mexican Elevator Rope Market
7.6 Canadian Elevator Rope Market

8. European Elevator Rope Market
8.1 Overview
8.2 European Elevator Rope Market by Product Type
8.3 European Elevator Rope Market by Functionality
8.4 German Elevator Rope Market
8.5 French Elevator Rope Market
8.6 Spanish Elevator Rope Market
8.7 Italian Elevator Rope Market
8.8 United Kingdom Elevator Rope Market

9. APAC Elevator Rope Market
9.1 Overview
9.2 APAC Elevator Rope Market by Product Type
9.3 APAC Elevator Rope Market by Functionality
9.4 Japanese Elevator Rope Market
9.5 Indian Elevator Rope Market
9.6 Chinese Elevator Rope Market
9.7 South Korean Elevator Rope Market
9.8 Indonesian Elevator Rope Market

10. ROW Elevator Rope Market
10.1 Overview
10.2 ROW Elevator Rope Market by Product Type
10.3 ROW Elevator Rope Market by Functionality
10.4 Middle Eastern Elevator Rope Market
10.5 South American Elevator Rope Market
10.6 African Elevator Rope Market

11. Competitor Analysis
11.1 Product Portfolio Analysis
11.2 Operational Integration
11.3 Porter’s Five Forces Analysis
• Competitive Rivalry
• Bargaining Power of Buyers
• Bargaining Power of Suppliers
• Threat of Substitutes
• Threat of New Entrants
11.4 Market Share Analysis

12. Opportunities & Strategic Analysis
12.1 Value Chain Analysis
12.2 Growth Opportunity Analysis
12.2.1 Growth Opportunities by Product Type
12.2.2 Growth Opportunities by Functionality
12.3 Emerging Trends in the Global Elevator Rope Market
12.4 Strategic Analysis
12.4.1 New Product Development
12.4.2 Certification and Licensing
12.4.3 Mergers, Acquisitions, Agreements, Collaborations, and Joint Ventures

13. Company Profiles of the Leading Players Across the Value Chain
13.1 Competitive Analysis
13.2 BRUGG Lifting
• Company Overview
• Elevator Rope Business Overview
• New Product Development
• Merger, Acquisition, and Collaboration
• Certification and Licensing
13.3 WireCo WorldGroup
• Company Overview
• Elevator Rope Business Overview
• New Product Development
• Merger, Acquisition, and Collaboration
• Certification and Licensing
13.4 Gustav Wolf
• Company Overview
• Elevator Rope Business Overview
• New Product Development
• Merger, Acquisition, and Collaboration
• Certification and Licensing
13.5 Bharat Wire Ropes Limited
• Company Overview
• Elevator Rope Business Overview
• New Product Development
• Merger, Acquisition, and Collaboration
• Certification and Licensing
13.6 PFEIFER DRAKO Drahtseilwerk
• Company Overview
• Elevator Rope Business Overview
• New Product Development
• Merger, Acquisition, and Collaboration
• Certification and Licensing

14. Appendix
14.1 List of Figures
14.2 List of Tables
14.3 Research Methodology
14.4 Disclaimer
14.5 Copyright
14.6 Abbreviations and Technical Units
14.7 About Us
14.8 Contact Us

List of Figures

Chapter 1
Figure 1.1: Trends and Forecast for the Global Elevator Rope Market
Chapter 2
Figure 2.1: Usage of Elevator Rope Market
Figure 2.2: Classification of the Global Elevator Rope Market
Figure 2.3: Supply Chain of the Global Elevator Rope Market
Chapter 3
Figure 3.1: Driver and Challenges of the Elevator Rope Market
Figure 3.2: PESTLE Analysis
Figure 3.3: Patent Analysis
Figure 3.4: Regulatory Environment
Chapter 4
Figure 4.1: Global Elevator Rope Market by Product Type in 2019, 2024, and 2031
Figure 4.2: Trends of the Global Elevator Rope Market ($B) by Product Type
Figure 4.3: Forecast for the Global Elevator Rope Market ($B) by Product Type
Figure 4.4: Trends and Forecast for Fiber core in the Global Elevator Rope Market (2019-2031)
Figure 4.5: Trends and Forecast for Independent wire rope core in the Global Elevator Rope Market (2019-2031)
Chapter 5
Figure 5.1: Global Elevator Rope Market by Functionality in 2019, 2024, and 2031
Figure 5.2: Trends of the Global Elevator Rope Market ($B) by Functionality
Figure 5.3: Forecast for the Global Elevator Rope Market ($B) by Functionality
Figure 5.4: Trends and Forecast for Traction/Hoist in the Global Elevator Rope Market (2019-2031)
Figure 5.5: Trends and Forecast for Governor in the Global Elevator Rope Market (2019-2031)
Figure 5.6: Trends and Forecast for Compensation in the Global Elevator Rope Market (2019-2031)
Chapter 6
Figure 6.1: Trends of the Global Elevator Rope Market ($B) by Region (2019-2024)
Figure 6.2: Forecast for the Global Elevator Rope Market ($B) by Region (2025-2031)
Chapter 7
Figure 7.1: North American Elevator Rope Market by Product Type in 2019, 2024, and 2031
Figure 7.2: Trends of the North American Elevator Rope Market ($B) by Product Type (2019-2024)
Figure 7.3: Forecast for the North American Elevator Rope Market ($B) by Product Type (2025-2031)
Figure 7.4: North American Elevator Rope Market by Functionality in 2019, 2024, and 2031
Figure 7.5: Trends of the North American Elevator Rope Market ($B) by Functionality (2019-2024)
Figure 7.6: Forecast for the North American Elevator Rope Market ($B) by Functionality (2025-2031)
Figure 7.7: Trends and Forecast for the United States Elevator Rope Market ($B) (2019-2031)
Figure 7.8: Trends and Forecast for the Mexican Elevator Rope Market ($B) (2019-2031)
Figure 7.9: Trends and Forecast for the Canadian Elevator Rope Market ($B) (2019-2031)
Chapter 8
Figure 8.1: European Elevator Rope Market by Product Type in 2019, 2024, and 2031
Figure 8.2: Trends of the European Elevator Rope Market ($B) by Product Type (2019-2024)
Figure 8.3: Forecast for the European Elevator Rope Market ($B) by Product Type (2025-2031)
Figure 8.4: European Elevator Rope Market by Functionality in 2019, 2024, and 2031
Figure 8.5: Trends of the European Elevator Rope Market ($B) by Functionality (2019-2024)
Figure 8.6: Forecast for the European Elevator Rope Market ($B) by Functionality (2025-2031)
Figure 8.7: Trends and Forecast for the German Elevator Rope Market ($B) (2019-2031)
Figure 8.8: Trends and Forecast for the French Elevator Rope Market ($B) (2019-2031)
Figure 8.9: Trends and Forecast for the Spanish Elevator Rope Market ($B) (2019-2031)
Figure 8.10: Trends and Forecast for the Italian Elevator Rope Market ($B) (2019-2031)
Figure 8.11: Trends and Forecast for the United Kingdom Elevator Rope Market ($B) (2019-2031)
Chapter 9
Figure 9.1: APAC Elevator Rope Market by Product Type in 2019, 2024, and 2031
Figure 9.2: Trends of the APAC Elevator Rope Market ($B) by Product Type (2019-2024)
Figure 9.3: Forecast for the APAC Elevator Rope Market ($B) by Product Type (2025-2031)
Figure 9.4: APAC Elevator Rope Market by Functionality in 2019, 2024, and 2031
Figure 9.5: Trends of the APAC Elevator Rope Market ($B) by Functionality (2019-2024)
Figure 9.6: Forecast for the APAC Elevator Rope Market ($B) by Functionality (2025-2031)
Figure 9.7: Trends and Forecast for the Japanese Elevator Rope Market ($B) (2019-2031)
Figure 9.8: Trends and Forecast for the Indian Elevator Rope Market ($B) (2019-2031)
Figure 9.9: Trends and Forecast for the Chinese Elevator Rope Market ($B) (2019-2031)
Figure 9.10: Trends and Forecast for the South Korean Elevator Rope Market ($B) (2019-2031)
Figure 9.11: Trends and Forecast for the Indonesian Elevator Rope Market ($B) (2019-2031)
Chapter 10
Figure 10.1: ROW Elevator Rope Market by Product Type in 2019, 2024, and 2031
Figure 10.2: Trends of the ROW Elevator Rope Market ($B) by Product Type (2019-2024)
Figure 10.3: Forecast for the ROW Elevator Rope Market ($B) by Product Type (2025-2031)
Figure 10.4: ROW Elevator Rope Market by Functionality in 2019, 2024, and 2031
Figure 10.5: Trends of the ROW Elevator Rope Market ($B) by Functionality (2019-2024)
Figure 10.6: Forecast for the ROW Elevator Rope Market ($B) by Functionality (2025-2031)
Figure 10.7: Trends and Forecast for the Middle Eastern Elevator Rope Market ($B) (2019-2031)
Figure 10.8: Trends and Forecast for the South American Elevator Rope Market ($B) (2019-2031)
Figure 10.9: Trends and Forecast for the African Elevator Rope Market ($B) (2019-2031)
Chapter 11
Figure 11.1: Porter’s Five Forces Analysis of the Global Elevator Rope Market
Figure 11.2: Market Share (%) of Top Players in the Global Elevator Rope Market (2024)
Chapter 12
Figure 12.1: Growth Opportunities for the Global Elevator Rope Market by Product Type
Figure 12.2: Growth Opportunities for the Global Elevator Rope Market by Functionality
Figure 12.3: Growth Opportunities for the Global Elevator Rope Market by Region
Figure 12.4: Emerging Trends in the Global Elevator Rope Market

List of Tables

Chapter 1
Table 1.1: Growth Rate (%, 2023-2024) and CAGR (%, 2025-2031) of the Elevator Rope Market by Product Type and Functionality
Table 1.2: Attractiveness Analysis for the Elevator Rope Market by Region
Table 1.3: Global Elevator Rope Market Parameters and Attributes
Chapter 3
Table 3.1: Trends of the Global Elevator Rope Market (2019-2024)
Table 3.2: Forecast for the Global Elevator Rope Market (2025-2031)
Chapter 4
Table 4.1: Attractiveness Analysis for the Global Elevator Rope Market by Product Type
Table 4.2: Market Size and CAGR of Various Product Type in the Global Elevator Rope Market (2019-2024)
Table 4.3: Market Size and CAGR of Various Product Type in the Global Elevator Rope Market (2025-2031)
Table 4.4: Trends of Fiber core in the Global Elevator Rope Market (2019-2024)
Table 4.5: Forecast for Fiber core in the Global Elevator Rope Market (2025-2031)
Table 4.6: Trends of Independent wire rope core in the Global Elevator Rope Market (2019-2024)
Table 4.7: Forecast for Independent wire rope core in the Global Elevator Rope Market (2025-2031)
Chapter 5
Table 5.1: Attractiveness Analysis for the Global Elevator Rope Market by Functionality
Table 5.2: Market Size and CAGR of Various Functionality in the Global Elevator Rope Market (2019-2024)
Table 5.3: Market Size and CAGR of Various Functionality in the Global Elevator Rope Market (2025-2031)
Table 5.4: Trends of Traction/Hoist in the Global Elevator Rope Market (2019-2024)
Table 5.5: Forecast for Traction/Hoist in the Global Elevator Rope Market (2025-2031)
Table 5.6: Trends of Governor in the Global Elevator Rope Market (2019-2024)
Table 5.7: Forecast for Governor in the Global Elevator Rope Market (2025-2031)
Table 5.8: Trends of Compensation in the Global Elevator Rope Market (2019-2024)
Table 5.9: Forecast for Compensation in the Global Elevator Rope Market (2025-2031)
Chapter 6
Table 6.1: Market Size and CAGR of Various Regions in the Global Elevator Rope Market (2019-2024)
Table 6.2: Market Size and CAGR of Various Regions in the Global Elevator Rope Market (2025-2031)
Chapter 7
Table 7.1: Trends of the North American Elevator Rope Market (2019-2024)
Table 7.2: Forecast for the North American Elevator Rope Market (2025-2031)
Table 7.3: Market Size and CAGR of Various Product Type in the North American Elevator Rope Market (2019-2024)
Table 7.4: Market Size and CAGR of Various Product Type in the North American Elevator Rope Market (2025-2031)
Table 7.5: Market Size and CAGR of Various Functionality in the North American Elevator Rope Market (2019-2024)
Table 7.6: Market Size and CAGR of Various Functionality in the North American Elevator Rope Market (2025-2031)
Table 7.7: Trends and Forecast for the United States Elevator Rope Market (2019-2031)
Table 7.8: Trends and Forecast for the Mexican Elevator Rope Market (2019-2031)
Table 7.9: Trends and Forecast for the Canadian Elevator Rope Market (2019-2031)
Chapter 8
Table 8.1: Trends of the European Elevator Rope Market (2019-2024)
Table 8.2: Forecast for the European Elevator Rope Market (2025-2031)
Table 8.3: Market Size and CAGR of Various Product Type in the European Elevator Rope Market (2019-2024)
Table 8.4: Market Size and CAGR of Various Product Type in the European Elevator Rope Market (2025-2031)
Table 8.5: Market Size and CAGR of Various Functionality in the European Elevator Rope Market (2019-2024)
Table 8.6: Market Size and CAGR of Various Functionality in the European Elevator Rope Market (2025-2031)
Table 8.7: Trends and Forecast for the German Elevator Rope Market (2019-2031)
Table 8.8: Trends and Forecast for the French Elevator Rope Market (2019-2031)
Table 8.9: Trends and Forecast for the Spanish Elevator Rope Market (2019-2031)
Table 8.10: Trends and Forecast for the Italian Elevator Rope Market (2019-2031)
Table 8.11: Trends and Forecast for the United Kingdom Elevator Rope Market (2019-2031)
Chapter 9
Table 9.1: Trends of the APAC Elevator Rope Market (2019-2024)
Table 9.2: Forecast for the APAC Elevator Rope Market (2025-2031)
Table 9.3: Market Size and CAGR of Various Product Type in the APAC Elevator Rope Market (2019-2024)
Table 9.4: Market Size and CAGR of Various Product Type in the APAC Elevator Rope Market (2025-2031)
Table 9.5: Market Size and CAGR of Various Functionality in the APAC Elevator Rope Market (2019-2024)
Table 9.6: Market Size and CAGR of Various Functionality in the APAC Elevator Rope Market (2025-2031)
Table 9.7: Trends and Forecast for the Japanese Elevator Rope Market (2019-2031)
Table 9.8: Trends and Forecast for the Indian Elevator Rope Market (2019-2031)
Table 9.9: Trends and Forecast for the Chinese Elevator Rope Market (2019-2031)
Table 9.10: Trends and Forecast for the South Korean Elevator Rope Market (2019-2031)
Table 9.11: Trends and Forecast for the Indonesian Elevator Rope Market (2019-2031)
Chapter 10
Table 10.1: Trends of the ROW Elevator Rope Market (2019-2024)
Table 10.2: Forecast for the ROW Elevator Rope Market (2025-2031)
Table 10.3: Market Size and CAGR of Various Product Type in the ROW Elevator Rope Market (2019-2024)
Table 10.4: Market Size and CAGR of Various Product Type in the ROW Elevator Rope Market (2025-2031)
Table 10.5: Market Size and CAGR of Various Functionality in the ROW Elevator Rope Market (2019-2024)
Table 10.6: Market Size and CAGR of Various Functionality in the ROW Elevator Rope Market (2025-2031)
Table 10.7: Trends and Forecast for the Middle Eastern Elevator Rope Market (2019-2031)
Table 10.8: Trends and Forecast for the South American Elevator Rope Market (2019-2031)
Table 10.9: Trends and Forecast for the African Elevator Rope Market (2019-2031)
Chapter 11
Table 11.1: Product Mapping of Elevator Rope Suppliers Based on Segments
Table 11.2: Operational Integration of Elevator Rope Manufacturers
Table 11.3: Rankings of Suppliers Based on Elevator Rope Revenue
Chapter 12
Table 12.1: New Product Launches by Major Elevator Rope Producers (2019-2024)
Table 12.2: Certification Acquired by Major Competitor in the Global Elevator Rope Market