The global crane wire rope market is expected to grow at a CAGR of 3.5% during the forecast period, to reach USD 2.2 billion by 2030. The growth of this market is driven by the increasing demand for wire ropes in various industries such as construction, mining, and oil & gas. Wire ropes are used in these industries for lifting heavy loads and transporting them from one place to another. The increasing demand for wire ropes in these industries has led to an increase in the production of wire ropes globally, which has resulted in an increase in the demand for crane wire rope globally as well. Phosphating Coating Steel Wire Rope accounted for over 50% share of the global crane wire rope market during 2017-2030 due to its high corrosion resistance and low cost compared with other types of steel wires used as a raw material for making steel wires such as galvanized steel wires and stainless steel wires. Stainless Steel Wire Rope accounted over 10% share of the global crane wire rope market during 2017-2030 due to its high corrosion resistance properties that make it suitable even under extreme conditions like salt water or acidic environments where other types would corrode quickly.
Some Of The Growth Factors Of This Market:
- Crane wire rope is used in a variety of industries, including construction, mining, and forestry.
- The demand for crane wire rope is expected to increase as the global population continues to grow and more people move into urban areas.
- Crane wire ropes are often used in conjunction with other types of lifting equipment such as cranes or hoists to lift heavy objects that would be difficult or impossible for humans to lift alone.
- The use of crane wire ropes has been increasing due to the increased use of automation in manufacturing processes which require heavy lifting equipment such as cranes or hoists for assembly lines and warehouses where goods are stored before being shipped out by truck or railcar.
- Crane wire ropes are also used in the construction industry where they can be found on building sites lifting materials up from ground level.
Industry Growth Insights published a new data on “Crane Wire Rope Market”. The research report is titled “Crane Wire Rope Market research by Types (Phosphating Coating Steel Wire Rope, Galvanized Steel Wire Rope, Stainless Steel Wire Rope, Other), By Applications (Terminal, Port, Building, Other), By Players/Companies WireCo World (US), Pfeifer (Germany), Bridon (UK), CERTEX (UK), Wire Rope Industries (Canada), Shinko (Japan), Juli Sling (China), Guizhou Steel Rope (China), Jiangsu Fasten (China), WISCO WireCo Wire Rope (China), Xianyang Bomco (China), Jiangsu Langshan (China)”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Crane Wire Rope Market Research Report
By Type
Phosphating Coating Steel Wire Rope, Galvanized Steel Wire Rope, Stainless Steel Wire Rope, Other
By Application
Terminal, Port, Building, Other
By Companies
WireCo World (US), Pfeifer (Germany), Bridon (UK), CERTEX (UK), Wire Rope Industries (Canada), Shinko (Japan), Juli Sling (China), Guizhou Steel Rope (China), Jiangsu Fasten (China), WISCO WireCo Wire Rope (China), Xianyang Bomco (China), Jiangsu Langshan (China)
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
241
Number of Tables & Figures
169
Customization Available
Yes, the report can be customized as per your need.
Global Crane Wire Rope Market Report Segments:
The global Crane Wire Rope market is segmented on the basis of:
Types
Phosphating Coating Steel Wire Rope, Galvanized Steel Wire Rope, Stainless Steel Wire Rope, Other
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Terminal, Port, Building, Other
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- WireCo World (US)
- Pfeifer (Germany)
- Bridon (UK)
- CERTEX (UK)
- Wire Rope Industries (Canada)
- Shinko (Japan)
- Juli Sling (China)
- Guizhou Steel Rope (China)
- Jiangsu Fasten (China)
- WISCO WireCo Wire Rope (China)
- Xianyang Bomco (China)
- Jiangsu Langshan (China)
Highlights of The Crane Wire Rope Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Phosphating Coating Steel Wire Rope
- Galvanized Steel Wire Rope
- Stainless Steel Wire Rope
- Other
- By Application:
- Terminal
- Port
- Building
- Other
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Crane Wire Rope Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Crane wire rope is a type of wire rope made from twisted pairs of wires. It is often used in construction and industrial applications because it has a high strength-to-weight ratio.
Some of the major players in the crane wire rope market are WireCo World (US), Pfeifer (Germany), Bridon (UK), CERTEX (UK), Wire Rope Industries (Canada), Shinko (Japan), Juli Sling (China), Guizhou Steel Rope (China), Jiangsu Fasten (China), WISCO WireCo Wire Rope (China), Xianyang Bomco (China), Jiangsu Langshan (China).
The crane wire rope market is expected to grow at a compound annual growth rate of 3.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Crane Wire Rope Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Crane Wire Rope Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Crane Wire Rope Market - Supply Chain
4.5. Global Crane Wire Rope Market Forecast
4.5.1. Crane Wire Rope Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Crane Wire Rope Market Size (000 Units) and Y-o-Y Growth
4.5.3. Crane Wire Rope Market Absolute $ Opportunity
5. Global Crane Wire Rope Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Crane Wire Rope Market Size and Volume Forecast by Type
5.3.1. Phosphating Coating Steel Wire Rope
5.3.2. Galvanized Steel Wire Rope
5.3.3. Stainless Steel Wire Rope
5.3.4. Other
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Crane Wire Rope Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Crane Wire Rope Market Size and Volume Forecast by Application
6.3.1. Terminal
6.3.2. Port
6.3.3. Building
6.3.4. Other
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Crane Wire Rope Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Crane Wire Rope Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Crane Wire Rope Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Crane Wire Rope Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Crane Wire Rope Demand Share Forecast, 2019-2026
9. North America Crane Wire Rope Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Crane Wire Rope Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Crane Wire Rope Market Size and Volume Forecast by Application
9.4.1. Terminal
9.4.2. Port
9.4.3. Building
9.4.4. Other
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Crane Wire Rope Market Size and Volume Forecast by Type
9.7.1. Phosphating Coating Steel Wire Rope
9.7.2. Galvanized Steel Wire Rope
9.7.3. Stainless Steel Wire Rope
9.7.4. Other
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Crane Wire Rope Demand Share Forecast, 2019-2026
10. Latin America Crane Wire Rope Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Crane Wire Rope Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Crane Wire Rope Market Size and Volume Forecast by Application
10.4.1. Terminal
10.4.2. Port
10.4.3. Building
10.4.4. Other
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Crane Wire Rope Market Size and Volume Forecast by Type
10.7.1. Phosphating Coating Steel Wire Rope
10.7.2. Galvanized Steel Wire Rope
10.7.3. Stainless Steel Wire Rope
10.7.4. Other
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Crane Wire Rope Demand Share Forecast, 2019-2026
11. Europe Crane Wire Rope Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Crane Wire Rope Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Crane Wire Rope Market Size and Volume Forecast by Application
11.4.1. Terminal
11.4.2. Port
11.4.3. Building
11.4.4. Other
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Crane Wire Rope Market Size and Volume Forecast by Type
11.7.1. Phosphating Coating Steel Wire Rope
11.7.2. Galvanized Steel Wire Rope
11.7.3. Stainless Steel Wire Rope
11.7.4. Other
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.0. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Crane Wire Rope Demand Share, 2019-2026
12. Asia Pacific Crane Wire Rope Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Crane Wire Rope Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Crane Wire Rope Market Size and Volume Forecast by Application
12.4.1. Terminal
12.4.2. Port
12.4.3. Building
12.4.4. Other
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Crane Wire Rope Market Size and Volume Forecast by Type
12.7.1. Phosphating Coating Steel Wire Rope
12.7.2. Galvanized Steel Wire Rope
12.7.3. Stainless Steel Wire Rope
12.7.4. Other
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Crane Wire Rope Demand Share, 2019-2026
13. Middle East & Africa Crane Wire Rope Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Crane Wire Rope Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Crane Wire Rope Market Size and Volume Forecast by Application
13.4.1. Terminal
13.4.2. Port
13.4.3. Building
13.4.4. Other
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Crane Wire Rope Market Size and Volume Forecast by Type
13.7.1. Phosphating Coating Steel Wire Rope
13.7.2. Galvanized Steel Wire Rope
13.7.3. Stainless Steel Wire Rope
13.7.4. Other
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Crane Wire Rope Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Crane Wire Rope Market: Market Share Analysis
14.2. Crane Wire Rope Distributors and Customers
14.3. Crane Wire Rope Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. WireCo World (US)
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Pfeifer (Germany)
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Bridon (UK)
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. CERTEX (UK)
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Wire Rope Industries (Canada)
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Shinko (Japan)
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Juli Sling (China)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Guizhou Steel Rope (China)
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Jiangsu Fasten (China)
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. WISCO WireCo Wire Rope (China)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. Xianyang Bomco (China)
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. Jiangsu Langshan (China)
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook