According to our (Global Info Research) latest study, the global Steel Wire Rope for Passenger Ropeway market size was valued at USD million in 2022 and is forecast to a readjusted size of USD million by 2029 with a CAGR of % during review period.
Wire ropes for passenger ropeways are key components for supporting and transporting passenger ropeways. Made of high-strength steel wire, it is durable and corrosion-resistant, capable of withstanding significant tension and loads and ensuring safe operation of the ropeway. Passenger cableways are usually used to connect two inconvenient locations in mountainous areas, scenic spots or cities, providing high-altitude suspended cable cars or gondolas for passenger transportation.
Before the outbreak, the tourism industry developed rapidly. Under the influence of the epidemic, the tourism industry has been hit hard and is in the recovery stage. In 2021, the total spending of Chinese tourists and Chinese tourists will increase by 12.9% and 31.0% year-on-year, which is still far behind the level before the epidemic. According to relevant data, the total number of global tourists (including domestic tourist arrivals and international tourist arrivals, the same below) and global tourism revenue (including domestic tourism revenue and international tourism revenue, the same below) in 2021 will return to less than 60% before the epidemic. 202 The total number of global tourists in one year reached 6.60 billion, and the total global tourism revenue reached 3.3 trillion US dollars, recovering to 53.7% and 55.9% of 2019 respectively.
Cableways are mainly installed in tourist attractions, and are often used to transport tourists in scenic spots for mountaineering, followed by transportation, urban light rail and other fields. In the next few years, the Asia-Pacific region will become a key development area for the cableway and cable car industry. It is estimated that in the next five years, this region will account for more than 40% of the global market share; in the Asia-Pacific region, China’s cableway and cable car industry has the largest market size, accounting for more than one-third of the global market share.
The Global Info Research report includes an overview of the development of the Steel Wire Rope for Passenger Ropeway industry chain, the market status of Cable Car (Leash, Tension Rope), Hanging Cableway (Leash, Tension Rope), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Steel Wire Rope for Passenger Ropeway.
Regionally, the report analyzes the Steel Wire Rope for Passenger Ropeway markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Steel Wire Rope for Passenger Ropeway market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Steel Wire Rope for Passenger Ropeway market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Steel Wire Rope for Passenger Ropeway industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Meters), revenue generated, and market share of different by Type (e.g., Leash, Tension Rope).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Steel Wire Rope for Passenger Ropeway market.
Regional Analysis: The report involves examining the Steel Wire Rope for Passenger Ropeway market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Steel Wire Rope for Passenger Ropeway market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Steel Wire Rope for Passenger Ropeway:
Company Analysis: Report covers individual Steel Wire Rope for Passenger Ropeway manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Steel Wire Rope for Passenger Ropeway This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Cable Car, Hanging Cableway).
Technology Analysis: Report covers specific technologies relevant to Steel Wire Rope for Passenger Ropeway. It assesses the current state, advancements, and potential future developments in Steel Wire Rope for Passenger Ropeway areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Steel Wire Rope for Passenger Ropeway market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Steel Wire Rope for Passenger Ropeway market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Leash
Tension Rope
Load Rope
Market segment by Application
Cable Car
Hanging Cableway
Zipline
Others
Major players covered
Fatzer AG
PFEIFER Mülheim
Teufelberger
Bridon Bekaert
Usha Martin
Gustav Wolf GmbH
CASAR Drahtseilwerk Saar
Bridon-Bekaert
WireCo WorldGroup
Anshan Iron and Steel Group Co., Ltd.
ArcelorMittal
Jiangsu Langshan Wire Rope Co., Ltd.
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Steel Wire Rope for Passenger Ropeway product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Steel Wire Rope for Passenger Ropeway, with price, sales, revenue and global market share of Steel Wire Rope for Passenger Ropeway from 2018 to 2023.
Chapter 3, the Steel Wire Rope for Passenger Ropeway competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Steel Wire Rope for Passenger Ropeway breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2018 to 2029.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2018 to 2029.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2022.and Steel Wire Rope for Passenger Ropeway market forecast, by regions, type and application, with sales and revenue, from 2024 to 2029.
Chapter 12, market dynamics, drivers, restraints, trends, Porters Five Forces analysis, and Influence of COVID-19 and Russia-Ukraine War.
Chapter 13, the key raw materials and key suppliers, and industry chain of Steel Wire Rope for Passenger Ropeway.
Chapter 14 and 15, to describe Steel Wire Rope for Passenger Ropeway sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Steel Wire Rope for Passenger Ropeway. Industry analysis & Market Report on Steel Wire Rope for Passenger Ropeway is a syndicated market report, published as Global Steel Wire Rope for Passenger Ropeway Market 2023 by Manufacturers, Regions, Type and Application, Forecast to 2029. It is complete Research Study and Industry Analysis of Steel Wire Rope for Passenger Ropeway market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.