The Global Wire Core (WRC) Elevator Wire Ropes Market was valued at USD 1.23 Billion in 2024 and is projected to reach USD 1.78 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 6.3% during the forecast period (2024-2030). This growth is propelled by increasing high-rise construction, stringent safety regulations, and the replacement of older elevator systems in mature markets.

As skylines continue to rise globally, the elevator rope segment is undergoing significant technological advancements. This report examines the Top 10 Companies in the WRC Elevator Wire Ropes Industry—global leaders combining metallurgical expertise with precision engineering to enable safer, more efficient vertical transportation.

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🔟 10. Santini Funi Srl

Headquarters: Bergamo, Italy
Key Offering: EN 12385-compliant IWRC & PWRC ropes

This Italian specialist manufactures high-performance elevator ropes with particular expertise in architectural elevator solutions for landmark buildings. Their products serve elevator OEMs and maintenance providers across Europe.

Technical Capabilities:

• Custom-designed ropes for glass-walled elevators
• Marine-grade corrosion protection systems
• Precision-balanced rotation-resistant designs

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9️⃣ 9. Usha Martin

Headquarters: Kolkata, India
Key Offering: High-speed elevator ropes (4-10 m/s)

As one of India’s largest wire rope manufacturers, Usha Martin produces over 15,000 metric tons annually of elevator-specific ropes meeting ISO 2408 and ASME A17.1 standards.

Manufacturing Advantages:

• In-house steel production ensures material quality
• Patented lubrication systems extend service life
• 35% domestic market share in elevator segment

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8️⃣ 8. Bharat Wire Ropes

Headquarters: Mumbai, India
Key Offering: Cost-efficient PWRC ropes

Established in 1956, Bharat Wire Ropes serves India’s growing elevator market with competitively priced products meeting international safety benchmarks.

Recent Developments:

• Expanded Pune facility adding 10,000 ton capacity
• Seismic-resistant rope designs for earthquake zones
• LPCB UK-certified testing laboratory

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Global Wire Core (WRC) Elevator Wire Ropes Market – View in Detailed Research Report

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7️⃣ 7. KISWIRE LTD

Headquarters: Busan, South Korea
Key Offering: Ultra-high strength steel ropes (2160MPa)

KISWIRE supplies premium elevator ropes to Asian OEMs, specializing in solutions for high-speed elevator applications with patented alloy formulations.

Technological Edge:

• Space-saving compact strand designs
• Advanced zinc-aluminum coatings
• Industry 4.0-enabled production monitoring

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6️⃣ 6. Bekaert

Headquarters: Zwevegem, Belgium
Key Offering: Hybrid fiber-steel core ropes

The world’s largest independent steel wire producer applies its material science leadership to elevator ropes, with patented manufacturing processes.

Innovation Focus:

• Embedded sensor technology for condition monitoring
• Sustainable steel formulations
• AI-powered quality assurance systems

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5️⃣ 5. Gustav Wolf GmbH

Headquarters: Knittlingen, Germany
Key Offering: High-performance EN 12385-5 ropes

With over a century of manufacturing expertise, Wolf supplies precision-engineered elevator ropes through its global network of 23 subsidiaries.

Certified Solutions:

• Type-approved for speeds up to 10 m/s
• Special anti-twist and torque-balanced designs
• Custom end terminations for OEM integration

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4️⃣ 4. Goldsun Wire Rope

Headquarters: Jiangsu, China
Key Offering: High-carbon steel IWRC ropes

China’s second-largest elevator rope manufacturer operates three production bases with annual capacity exceeding 80,000 tons, serving domestic and international markets.

Growth Strategy:

• Automated production lines for consistency
• Eco-friendly protective coatings
• Strong OEM partnerships in China

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3️⃣ 3. BRUGG Lifting AG

Headquarters: Brugg, Switzerland
Key Offering: Precision-engineered steel cord ropes

The Swiss engineering firm specializes in ropes for ultra-high-speed and heavy-load elevator applications, using proprietary cold-forming techniques.

Engineering Excellence:

• Certified for 12 m/s operation
• Minimal rotation constructions
• Tight diameter tolerances (±0.5%)

Get Full Report Here:
Global Wire Core (WRC) Elevator Wire Ropes Market – View in Detailed Research Report

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2️⃣ 2. Jiangsu Safety Wire Rope

Headquarters: Jiangsu, China
Key Offering: Value-engineered IWRC solutions

China’s dominant elevator rope producer supplies 60% of domestic elevator manufacturers while expanding exports to emerging markets.

Market Position:

• 100,000 ton annual production capacity
• 300+ proprietary steel alloy formulas
• Complete ISO 9001/14001 certification

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1️⃣ 1. PFEIFER

Headquarters: Memmingen, Germany
Key Offering: Premium IWRC elevator ropes

The global market leader combines centuries of metallurgical expertise with cutting-edge manufacturing to supply all major elevator corporations worldwide.

Industry Innovations:

• Patented Oval+ strand geometry
• Full range of galvanized and stainless options
• Pioneer of ropes for ultra-tall buildings (>1,000m)

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🚀 Outlook: Smart Technologies Transforming Elevator Ropes

The WRC elevator rope market is evolving with digital integration and material science breakthroughs. While steel ropes currently dominate, the industry is investing in predictive maintenance technologies and advanced alloys to meet future urban mobility demands.

📈 Key Market Trends:

• Integration of IoT sensors for real-time monitoring
• Development of higher-strength steel alloys
• Regulatory changes accelerating replacement cycles
• Modular designs for easier installation and maintenance

Download FREE Sample Report:
Global Wire Core (WRC) Elevator Wire Ropes Market – View in Detailed Research Report

The companies profiled represent the technological vanguard of vertical transportation, enabling safer and more efficient movement in increasingly tall urban environments.