The global market for Steel Wire Ropes for Ropeways was estimated to be worth US$ 408 million in 2024 and is forecast to a readjusted size of US$ 543 million by 2031 with a CAGR of 4.3% during the forecast period 2025-2031.
This report provides a comprehensive assessment of recent tariff adjustments and international strategic countermeasures on Steel Wire Ropes for Ropeways cross-border industrial footprints, capital allocation patterns, regional economic interdependencies, and supply chain reconfigurations.
In 2024, global Steel Wire Ropes for Ropeways production reached approximately 246.3 k tons, with an average global market price of around US$ 1657 per ton.
Steel Wire Ropes for Ropeways are ropes made of multiple strands of steel wire twisted according to a specific structure and process, and are used as the main component of load-bearing and traction in ropeway systems. They have high tensile strength, torsion resistance and wear resistance, and can meet the requirements of ropeway systems for safe, reliable and efficient operation.
The global Steel Wire Ropes for Ropeways market is experiencing steady growth, which is driven by the rising need for high-strength, durable ropes in passenger and freight ropeways, particularly in tourism, mining, and urban transportation. The growing popularity of ropeways as eco-friendly transit solutions, particularly in mountainous and urban regions, is fueling long-term demand.
From a competitive perspective, the market shows clear head concentration, with top players controlling a significant portion of global revenues. ArcelorMittal ROPES leads with 14.12% share, leveraging its upstream steel manufacturing advantage to serve premium markets in Europe, particularly ski resorts. Teufelberger, FATZER, and Tokyo Rope hold strong positions in Europe and Asia. In China, local players such as Ansteel, Guizhou Wire Rope, and Jiangsu Juli Wire Rope benefit from policy support, cost optimization, and growing participation in global exports, gaining market share in the mid- to low-end segments.
Key challenges facing the industry include the technological monopoly on advanced twisting and coating processes by a few top-tier manufacturers, making market entry and advancement difficult for smaller firms. Additionally, increasingly stringent global safety regulations for ropeways elevate certification costs and timelines, posing a financial and operational burden. Moreover, volatile raw material prices, particularly for iron ore, directly influence production costs and profit margins.
However, significant opportunities remain, particularly in underdeveloped regions like Africa and parts of Southeast Asia, where scenic and utility ropeway infrastructure is still limited. As tourism, mining, and rural transportation needs grow in these areas, they present lucrative expansion prospects for manufacturers, especially those offering cost-efficient solutions or localized production capabilities.
This report aims to provide a comprehensive presentation of the global market for Steel Wire Ropes for Ropeways, focusing on the total sales volume, sales revenue, price, key companies market share and ranking, together with an analysis of Steel Wire Ropes for Ropeways by region & country, by Type, and by Application.
The Steel Wire Ropes for Ropeways market size, estimations, and forecasts are provided in terms of sales volume (Kilotons) and sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. With both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Steel Wire Ropes for Ropeways.
Market Segmentation
By Company
- ArcelorMittal ROPES
- Teufelberger
- FATZER
- Tokyo Rope
- Bekaert
- Usha Martin
- Ansteel
- Guizhou Wire Rope
- Langshan Wire Rope
- Jiangsu Juli Wire Rope
- Bomco Wire Rope
- Jiangsu Zhongying Steel Rope
Segment by Type
- Independent Wire Rope Core
- Fiber Steel Wire Ropes
- Others
Segment by Application
- Passenger Ropeways
- Material Ropeways
By Region
- North America
- Asia-Pacific
- China
- Japan
- South Korea
- Southeast Asia
- India
- Australia
- Rest of Asia-Pacific
- Europe
- Germany
- France
- U.K.
- Italy
- Netherlands
- Nordic Countries
- Rest of Europe
- Latin America
- Mexico
- Brazil
- Rest of Latin America
- Middle East & Africa
- Turkey
- Saudi Arabia
- UAE
- Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size (value, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Steel Wire Ropes for Ropeways manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 5: Sales, revenue of Steel Wire Ropes for Ropeways in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Sales, revenue of Steel Wire Ropes for Ropeways in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Table of Contents
1 Market Overview
- 1.1 Steel Wire Ropes for Ropeways Product Introduction
- 1.2 Global Steel Wire Ropes for Ropeways Market Size Forecast
- 1.2.1 Global Steel Wire Ropes for Ropeways Sales Value (2020-2031)
- 1.2.2 Global Steel Wire Ropes for Ropeways Sales Volume (2020-2031)
- 1.2.3 Global Steel Wire Ropes for Ropeways Sales Price (2020-2031)
- 1.3 Steel Wire Ropes for Ropeways Market Trends & Drivers
- 1.3.1 Steel Wire Ropes for Ropeways Industry Trends
- 1.3.2 Steel Wire Ropes for Ropeways Market Drivers & Opportunity
- 1.3.3 Steel Wire Ropes for Ropeways Market Challenges
- 1.3.4 Steel Wire Ropes for Ropeways Market Restraints
- 1.4 Assumptions and Limitations
- 1.5 Study Objectives
- 1.6 Years Considered
2 Competitive Analysis by Company
- 2.1 Global Steel Wire Ropes for Ropeways Players Revenue Ranking (2024)
- 2.2 Global Steel Wire Ropes for Ropeways Revenue by Company (2020-2025)
- 2.3 Global Steel Wire Ropes for Ropeways Players Sales Volume Ranking (2024)
- 2.4 Global Steel Wire Ropes for Ropeways Sales Volume by Company Players (2020-2025)
- 2.5 Global Steel Wire Ropes for Ropeways Average Price by Company (2020-2025)
- 2.6 Key Manufacturers Steel Wire Ropes for Ropeways Manufacturing Base and Headquarters
- 2.7 Key Manufacturers Steel Wire Ropes for Ropeways Product Offered
- 2.8 Key Manufacturers Time to Begin Mass Production of Steel Wire Ropes for Ropeways
- 2.9 Steel Wire Ropes for Ropeways Market Competitive Analysis
- 2.9.1 Steel Wire Ropes for Ropeways Market Concentration Rate (2020-2025)
- 2.9.2 Global 5 and 10 Largest Manufacturers by Steel Wire Ropes for Ropeways Revenue in 2024
- 2.9.3 Global Top Manufacturers by Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Steel Wire Ropes for Ropeways as of 2024)
- 2.10 Mergers & Acquisitions, Expansion
3 Segmentation by Type
- 3.1 Introduction by Type
- 3.1.1 Independent Wire Rope Core
- 3.1.2 Fiber Steel Wire Ropes
- 3.1.3 Others
- 3.2 Global Steel Wire Ropes for Ropeways Sales Value by Type
- 3.2.1 Global Steel Wire Ropes for Ropeways Sales Value by Type (2020 VS 2024 VS 2031)
- 3.2.2 Global Steel Wire Ropes for Ropeways Sales Value, by Type (2020-2031)
- 3.2.3 Global Steel Wire Ropes for Ropeways Sales Value, by Type (%) (2020-2031)
- 3.3 Global Steel Wire Ropes for Ropeways Sales Volume by Type
- 3.3.1 Global Steel Wire Ropes for Ropeways Sales Volume by Type (2020 VS 2024 VS 2031)
- 3.3.2 Global Steel Wire Ropes for Ropeways Sales Volume, by Type (2020-2031)
- 3.3.3 Global Steel Wire Ropes for Ropeways Sales Volume, by Type (%) (2020-2031)
- 3.4 Global Steel Wire Ropes for Ropeways Average Price by Type (2020-2031)
4 Segmentation by Application
- 4.1 Introduction by Application
- 4.1.1 Passenger Ropeways
- 4.1.2 Material Ropeways
- 4.2 Global Steel Wire Ropes for Ropeways Sales Value by Application
- 4.2.1 Global Steel Wire Ropes for Ropeways Sales Value by Application (2020 VS 2024 VS 2031)
- 4.2.2 Global Steel Wire Ropes for Ropeways Sales Value, by Application (2020-2031)
- 4.2.3 Global Steel Wire Ropes for Ropeways Sales Value, by Application (%) (2020-2031)
- 4.3 Global Steel Wire Ropes for Ropeways Sales Volume by Application
- 4.3.1 Global Steel Wire Ropes for Ropeways Sales Volume by Application (2020 VS 2024 VS 2031)
- 4.3.2 Global Steel Wire Ropes for Ropeways Sales Volume, by Application (2020-2031)
- 4.3.3 Global Steel Wire Ropes for Ropeways Sales Volume, by Application (%) (2020-2031)
- 4.4 Global Steel Wire Ropes for Ropeways Average Price by Application (2020-2031)
5 Segmentation by Region
- 5.1 Global Steel Wire Ropes for Ropeways Sales Value by Region
- 5.1.1 Global Steel Wire Ropes for Ropeways Sales Value by Region: 2020 VS 2024 VS 2031
- 5.1.2 Global Steel Wire Ropes for Ropeways Sales Value by Region (2020-2025)
- 5.1.3 Global Steel Wire Ropes for Ropeways Sales Value by Region (2026-2031)
- 5.1.4 Global Steel Wire Ropes for Ropeways Sales Value by Region (%), (2020-2031)
- 5.2 Global Steel Wire Ropes for Ropeways Sales Volume by Region
- 5.2.1 Global Steel Wire Ropes for Ropeways Sales Volume by Region: 2020 VS 2024 VS 2031
- 5.2.2 Global Steel Wire Ropes for Ropeways Sales Volume by Region (2020-2025)
- 5.2.3 Global Steel Wire Ropes for Ropeways Sales Volume by Region (2026-2031)
- 5.2.4 Global Steel Wire Ropes for Ropeways Sales Volume by Region (%), (2020-2031)
- 5.3 Global Steel Wire Ropes for Ropeways Average Price by Region (2020-2031)
- 5.4 North America
- 5.4.1 North America Steel Wire Ropes for Ropeways Sales Value, 2020-2031
- 5.4.2 North America Steel Wire Ropes for Ropeways Sales Value by Country (%), 2024 VS 2031
- 5.5 Europe
- 5.5.1 Europe Steel Wire Ropes for Ropeways Sales Value, 2020-2031
- 5.5.2 Europe Steel Wire Ropes for Ropeways Sales Value by Country (%), 2024 VS 2031
- 5.6 Asia Pacific
- 5.6.1 Asia Pacific Steel Wire Ropes for Ropeways Sales Value, 2020-2031
- 5.6.2 Asia Pacific Steel Wire Ropes for Ropeways Sales Value by Region (%), 2024 VS 2031
- 5.7 South America
- 5.7.1 South America Steel Wire Ropes for Ropeways Sales Value, 2020-2031
- 5.7.2 South America Steel Wire Ropes for Ropeways Sales Value by Country (%), 2024 VS 2031
- 5.8 Middle East & Africa
- 5.8.1 Middle East & Africa Steel Wire Ropes for Ropeways Sales Value, 2020-2031
- 5.8.2 Middle East & Africa Steel Wire Ropes for Ropeways Sales Value by Country (%), 2024 VS 2031
6 Segmentation by Key Countries/Regions
- 6.1 Key Countries/Regions Steel Wire Ropes for Ropeways Sales Value Growth Trends, 2020 VS 2024 VS 2031
- 6.2 Key Countries/Regions Steel Wire Ropes for Ropeways Sales Value and Sales Volume
- 6.2.1 Key Countries/Regions Steel Wire Ropes for Ropeways Sales Value, 2020-2031
- 6.2.2 Key Countries/Regions Steel Wire Ropes for Ropeways Sales Volume, 2020-2031
- 6.3 United States
- 6.3.1 United States Steel Wire Ropes for Ropeways Sales Value, 2020-2031
- 6.3.2 United States Steel Wire Ropes for Ropeways Sales Value by Type (%), 2024 VS 2031
- 6.3.3 United States Steel Wire Ropes for Ropeways Sales Value by Application, 2024 VS 2031
- 6.4 Europe
- 6.4.1 Europe Steel Wire Ropes for Ropeways Sales Value, 2020-2031
- 6.4.2 Europe Steel Wire Ropes for Ropeways Sales Value by Type (%), 2024 VS 2031
- 6.4.3 Europe Steel Wire Ropes for Ropeways Sales Value by Application, 2024 VS 2031
- 6.5 China
- 6.5.1 China Steel Wire Ropes for Ropeways Sales Value, 2020-2031
- 6.5.2 China Steel Wire Ropes for Ropeways Sales Value by Type (%), 2024 VS 2031
- 6.5.3 China Steel Wire Ropes for Ropeways Sales Value by Application, 2024 VS 2031
- 6.6 Japan
- 6.6.1 Japan Steel Wire Ropes for Ropeways Sales Value, 2020-2031
- 6.6.2 Japan Steel Wire Ropes for Ropeways Sales Value by Type (%), 2024 VS 2031
- 6.6.3 Japan Steel Wire Ropes for Ropeways Sales Value by Application, 2024 VS 2031
- 6.7 South Korea
- 6.7.1 South Korea Steel Wire Ropes for Ropeways Sales Value, 2020-2031
- 6.7.2 South Korea Steel Wire Ropes for Ropeways Sales Value by Type (%), 2024 VS 2031
- 6.7.3 South Korea Steel Wire Ropes for Ropeways Sales Value by Application, 2024 VS 2031
- 6.8 Southeast Asia
- 6.8.1 Southeast Asia Steel Wire Ropes for Ropeways Sales Value, 2020-2031
- 6.8.2 Southeast Asia Steel Wire Ropes for Ropeways Sales Value by Type (%), 2024 VS 2031
- 6.8.3 Southeast Asia Steel Wire Ropes for Ropeways Sales Value by Application, 2024 VS 2031
- 6.9 India
- 6.9.1 India Steel Wire Ropes for Ropeways Sales Value, 2020-2031
- 6.9.2 India Steel Wire Ropes for Ropeways Sales Value by Type (%), 2024 VS 2031
- 6.9.3 India Steel Wire Ropes for Ropeways Sales Value by Application, 2024 VS 2031
7 Company Profiles
- 7.1 ArcelorMittal ROPES
- 7.1.1 ArcelorMittal ROPES Company Information
- 7.1.2 ArcelorMittal ROPES Introduction and Business Overview
- 7.1.3 ArcelorMittal ROPES Steel Wire Ropes for Ropeways Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.1.4 ArcelorMittal ROPES Steel Wire Ropes for Ropeways Product Offerings
- 7.1.5 ArcelorMittal ROPES Recent Development
- 7.2 Teufelberger
- 7.2.1 Teufelberger Company Information
- 7.2.2 Teufelberger Introduction and Business Overview
- 7.2.3 Teufelberger Steel Wire Ropes for Ropeways Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.2.4 Teufelberger Steel Wire Ropes for Ropeways Product Offerings
- 7.2.5 Teufelberger Recent Development
- 7.3 FATZER
- 7.3.1 FATZER Company Information
- 7.3.2 FATZER Introduction and Business Overview
- 7.3.3 FATZER Steel Wire Ropes for Ropeways Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.3.4 FATZER Steel Wire Ropes for Ropeways Product Offerings
- 7.3.5 FATZER Recent Development
- 7.4 Tokyo Rope
- 7.4.1 Tokyo Rope Company Information
- 7.4.2 Tokyo Rope Introduction and Business Overview
- 7.4.3 Tokyo Rope Steel Wire Ropes for Ropeways Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.4.4 Tokyo Rope Steel Wire Ropes for Ropeways Product Offerings
- 7.4.5 Tokyo Rope Recent Development
- 7.5 Bekaert
- 7.5.1 Bekaert Company Information
- 7.5.2 Bekaert Introduction and Business Overview
- 7.5.3 Bekaert Steel Wire Ropes for Ropeways Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.5.4 Bekaert Steel Wire Ropes for Ropeways Product Offerings
- 7.5.5 Bekaert Recent Development
- 7.6 Usha Martin
- 7.6.1 Usha Martin Company Information
- 7.6.2 Usha Martin Introduction and Business Overview
- 7.6.3 Usha Martin Steel Wire Ropes for Ropeways Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.6.4 Usha Martin Steel Wire Ropes for Ropeways Product Offerings
- 7.6.5 Usha Martin Recent Development
- 7.7 Ansteel
- 7.7.1 Ansteel Company Information
- 7.7.2 Ansteel Introduction and Business Overview
- 7.7.3 Ansteel Steel Wire Ropes for Ropeways Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.7.4 Ansteel Steel Wire Ropes for Ropeways Product Offerings
- 7.7.5 Ansteel Recent Development
- 7.8 Guizhou Wire Rope
- 7.8.1 Guizhou Wire Rope Company Information
- 7.8.2 Guizhou Wire Rope Introduction and Business Overview
- 7.8.3 Guizhou Wire Rope Steel Wire Ropes for Ropeways Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.8.4 Guizhou Wire Rope Steel Wire Ropes for Ropeways Product Offerings
- 7.8.5 Guizhou Wire Rope Recent Development
- 7.9 Langshan Wire Rope
- 7.9.1 Langshan Wire Rope Company Information
- 7.9.2 Langshan Wire Rope Introduction and Business Overview
- 7.9.3 Langshan Wire Rope Steel Wire Ropes for Ropeways Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.9.4 Langshan Wire Rope Steel Wire Ropes for Ropeways Product Offerings
- 7.9.5 Langshan Wire Rope Recent Development
- 7.10 Jiangsu Juli Wire Rope
- 7.10.1 Jiangsu Juli Wire Rope Company Information
- 7.10.2 Jiangsu Juli Wire Rope Introduction and Business Overview
- 7.10.3 Jiangsu Juli Wire Rope Steel Wire Ropes for Ropeways Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.10.4 Jiangsu Juli Wire Rope Steel Wire Ropes for Ropeways Product Offerings
- 7.10.5 Jiangsu Juli Wire Rope Recent Development
- 7.11 Bomco Wire Rope
- 7.11.1 Bomco Wire Rope Company Information
- 7.11.2 Bomco Wire Rope Introduction and Business Overview
- 7.11.3 Bomco Wire Rope Steel Wire Ropes for Ropeways Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.11.4 Bomco Wire Rope Steel Wire Ropes for Ropeways Product Offerings
- 7.11.5 Bomco Wire Rope Recent Development
- 7.12 Jiangsu Zhongying Steel Rope
- 7.12.1 Jiangsu Zhongying Steel Rope Company Information
- 7.12.2 Jiangsu Zhongying Steel Rope Introduction and Business Overview
- 7.12.3 Jiangsu Zhongying Steel Rope Steel Wire Ropes for Ropeways Sales, Revenue, Price and Gross Margin (2020-2025)
- 7.12.4 Jiangsu Zhongying Steel Rope Steel Wire Ropes for Ropeways Product Offerings
- 7.12.5 Jiangsu Zhongying Steel Rope Recent Development
8 Industry Chain Analysis
- 8.1 Steel Wire Ropes for Ropeways Industrial Chain
- 8.2 Steel Wire Ropes for Ropeways Upstream Analysis
- 8.2.1 Key Raw Materials
- 8.2.2 Raw Materials Key Suppliers
- 8.2.3 Manufacturing Cost Structure
- 8.3 Midstream Analysis
- 8.4 Downstream Analysis (Customers Analysis)
- 8.5 Sales Model and Sales Channels
- 8.5.1 Steel Wire Ropes for Ropeways Sales Model
- 8.5.2 Sales Channel
- 8.5.3 Steel Wire Ropes for Ropeways Distributors
9 Research Findings and Conclusion
10 Appendix
- 10.1 Research Methodology
- 10.1.1 Methodology/Research Approach
- 10.1.1.1 Research Programs/Design
- 10.1.1.2 Market Size Estimation
- 10.1.1.3 Market Breakdown and Data Triangulation
- 10.1.2 Data Source
- 10.1.2.1 Secondary Sources
- 10.1.2.2 Primary Sources
- 10.2 Author Details
- 10.3 Disclaimer