Global Wire Rope Sling Market Growth 2023-2029

Global Wire Rope Sling Market Growth 2023-2029

Wire rope slings, sometimes referred to as wire cable slings are more robust and durable than nylon slings and also have higher temperature limits. Wire rope slings with an independent wire rope core (IWRC) can withstand contact and exposure temperatures up to 400 degrees (F). The Wire Rope Sling market covers Pressed Wire Rope Sling, Insert Wire Rope Sling, etc. The typical players include Dolezych, Franklin Offshore Group, Lift-All, Midco Sling, Unirope, WireCo WorldGroup (Union Wire Rope), Certex USA, Gunnebo Industries AB, etc.

LPI (LP Information)' newest research report, the “Wire Rope Sling Industry Forecast” looks at past sales and reviews total world Wire Rope Sling sales in 2022, providing a comprehensive analysis by region and market sector of projected Wire Rope Sling sales for 2023 through 2029. With Wire Rope Sling sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Wire Rope Sling industry.

This Insight Report provides a comprehensive analysis of the global Wire Rope Sling landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Wire Rope Sling portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Wire Rope Sling market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Wire Rope Sling and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Wire Rope Sling.

The global Wire Rope Sling market size is projected to grow from US$ 558 million in 2022 to US$ 930.1 million in 2029; it is expected to grow at a CAGR of 930.1 from 2023 to 2029.

Global key players of Wire Rope Sling include WireCo WorldGroup (Union Wire Rope), Franklin Offshore Group and Juli Sling, etc. Global top three manufacturers hold a share nearly 30%. United States is the largest producer of Wire Rope Sling, followed by China and Europe.

This report presents a comprehensive overview, market shares, and growth opportunities of Wire Rope Sling market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Pressed Wire Rope Sling
Insert Wire Rope Sling
Cast Wire Rope Sling
Others

Segmentation by application
Oil & Gas
Construction & Industrial Lifting
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
WireCo WorldGroup (Union Wire Rope)
Franklin Offshore Group
Juli Sling
PFEIFER
Tokyo Rope
Bridon-Bekaert
Certex
Safety Rope
Jiangsu Langshan Wire Rope
Dolezych
Gunnebo Industries AB
Holloway Houston
Xianyang BOMCO Steel Tube & Wire Rope
Lift-All
Unirope
Ashley Sling
Midco Sling
Guizhou Steel Rope

Key Questions Addressed in this Report

What is the 10-year outlook for the global Wire Rope Sling market?

What factors are driving Wire Rope Sling market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Wire Rope Sling market opportunities vary by end market size?

How does Wire Rope Sling break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.