Steel Wire Rope Sling Market Report – Research, Industry Analysis Reports and Market Demands

Global Steel Wire Rope Sling Market 2025 by Manufacturers, Regions, Type and Application, Forecast to 2031

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Table of Content

1 Market Overview

1.1 Product Overview and Scope
1.2 Market Estimation Caveats and Base Year
1.3 Market Analysis by Type
- 1.3.1 Overview: Global Steel Wire Rope Sling Consumption Value by Type: 2020 Versus 2024 Versus 2031
- 1.3.2 Pressed Wire Rope Sling
- 1.3.3 Insert Wire Rope Sling
- 1.3.4 Cast Wire Rope Sling
- 1.3.5 Others
1.4 Market Analysis by Application
- 1.4.1 Overview: Global Steel Wire Rope Sling Consumption Value by Application: 2020 Versus 2024 Versus 2031
- 1.4.2 Oil & Gas
- 1.4.3 Construction & Industrial Lifting
- 1.4.4 Others
1.5 Global Steel Wire Rope Sling Market Size & Forecast
- 1.5.1 Global Steel Wire Rope Sling Consumption Value (2020 & 2024 & 2031)
- 1.5.2 Global Steel Wire Rope Sling Sales Quantity (2020-2031)
- 1.5.3 Global Steel Wire Rope Sling Average Price (2020-2031)

2 Manufacturers Profiles

3 Competitive Environment: Steel Wire Rope Sling by Manufacturer

3.1 Global Steel Wire Rope Sling Sales Quantity by Manufacturer (2020-2025)
3.2 Global Steel Wire Rope Sling Revenue by Manufacturer (2020-2025)
3.3 Global Steel Wire Rope Sling Average Price by Manufacturer (2020-2025)
3.4 Market Share Analysis (2024)
- 3.4.1 Producer Shipments of Steel Wire Rope Sling by Manufacturer Revenue ($MM) and Market Share (%): 2024
- 3.4.2 Top 3 Steel Wire Rope Sling Manufacturer Market Share in 2024
- 3.4.3 Top 6 Steel Wire Rope Sling Manufacturer Market Share in 2024
3.5 Steel Wire Rope Sling Market: Overall Company Footprint Analysis
- 3.5.1 Steel Wire Rope Sling Market: Region Footprint
- 3.5.2 Steel Wire Rope Sling Market: Company Product Type Footprint
- 3.5.3 Steel Wire Rope Sling Market: Company Product Application Footprint
3.6 New Market Entrants and Barriers to Market Entry
3.7 Mergers, Acquisition, Agreements, and Collaborations

4 Consumption Analysis by Region

4.1 Global Steel Wire Rope Sling Market Size by Region
- 4.1.1 Global Steel Wire Rope Sling Sales Quantity by Region (2020-2031)
- 4.1.2 Global Steel Wire Rope Sling Consumption Value by Region (2020-2031)
- 4.1.3 Global Steel Wire Rope Sling Average Price by Region (2020-2031)
4.2 North America Steel Wire Rope Sling Consumption Value (2020-2031)
4.3 Europe Steel Wire Rope Sling Consumption Value (2020-2031)
4.4 Asia-Pacific Steel Wire Rope Sling Consumption Value (2020-2031)
4.5 South America Steel Wire Rope Sling Consumption Value (2020-2031)
4.6 Middle East & Africa Steel Wire Rope Sling Consumption Value (2020-2031)

5 Market Segment by Type

5.1 Global Steel Wire Rope Sling Sales Quantity by Type (2020-2031)
5.2 Global Steel Wire Rope Sling Consumption Value by Type (2020-2031)
5.3 Global Steel Wire Rope Sling Average Price by Type (2020-2031)

6 Market Segment by Application

6.1 Global Steel Wire Rope Sling Sales Quantity by Application (2020-2031)
6.2 Global Steel Wire Rope Sling Consumption Value by Application (2020-2031)
6.3 Global Steel Wire Rope Sling Average Price by Application (2020-2031)

7 North America

7.1 North America Steel Wire Rope Sling Sales Quantity by Type (2020-2031)
7.2 North America Steel Wire Rope Sling Sales Quantity by Application (2020-2031)
7.3 North America Steel Wire Rope Sling Market Size by Country
- 7.3.1 North America Steel Wire Rope Sling Sales Quantity by Country (2020-2031)
- 7.3.2 North America Steel Wire Rope Sling Consumption Value by Country (2020-2031)
- 7.3.3 United States Market Size and Forecast (2020-2031)
- 7.3.4 Canada Market Size and Forecast (2020-2031)
- 7.3.5 Mexico Market Size and Forecast (2020-2031)

8 Europe

8.1 Europe Steel Wire Rope Sling Sales Quantity by Type (2020-2031)
8.2 Europe Steel Wire Rope Sling Sales Quantity by Application (2020-2031)
8.3 Europe Steel Wire Rope Sling Market Size by Country
- 8.3.1 Europe Steel Wire Rope Sling Sales Quantity by Country (2020-2031)
- 8.3.2 Europe Steel Wire Rope Sling Consumption Value by Country (2020-2031)
- 8.3.3 Germany Market Size and Forecast (2020-2031)
- 8.3.4 France Market Size and Forecast (2020-2031)
- 8.3.5 United Kingdom Market Size and Forecast (2020-2031)
- 8.3.6 Russia Market Size and Forecast (2020-2031)
- 8.3.7 Italy Market Size and Forecast (2020-2031)

9 Asia-Pacific

9.1 Asia-Pacific Steel Wire Rope Sling Sales Quantity by Type (2020-2031)
9.2 Asia-Pacific Steel Wire Rope Sling Sales Quantity by Application (2020-2031)
9.3 Asia-Pacific Steel Wire Rope Sling Market Size by Region
- 9.3.1 Asia-Pacific Steel Wire Rope Sling Sales Quantity by Region (2020-2031)
- 9.3.2 Asia-Pacific Steel Wire Rope Sling Consumption Value by Region (2020-2031)
- 9.3.3 China Market Size and Forecast (2020-2031)
- 9.3.4 Japan Market Size and Forecast (2020-2031)
- 9.3.5 South Korea Market Size and Forecast (2020-2031)
- 9.3.6 India Market Size and Forecast (2020-2031)
- 9.3.7 Southeast Asia Market Size and Forecast (2020-2031)
- 9.3.8 Australia Market Size and Forecast (2020-2031)

10 South America

10.1 South America Steel Wire Rope Sling Sales Quantity by Type (2020-2031)
10.2 South America Steel Wire Rope Sling Sales Quantity by Application (2020-2031)
10.3 South America Steel Wire Rope Sling Market Size by Country
- 10.3.1 South America Steel Wire Rope Sling Sales Quantity by Country (2020-2031)
- 10.3.2 South America Steel Wire Rope Sling Consumption Value by Country (2020-2031)
- 10.3.3 Brazil Market Size and Forecast (2020-2031)
- 10.3.4 Argentina Market Size and Forecast (2020-2031)

11 Middle East & Africa

11.1 Middle East & Africa Steel Wire Rope Sling Sales Quantity by Type (2020-2031)
11.2 Middle East & Africa Steel Wire Rope Sling Sales Quantity by Application (2020-2031)
11.3 Middle East & Africa Steel Wire Rope Sling Market Size by Country
- 11.3.1 Middle East & Africa Steel Wire Rope Sling Sales Quantity by Country (2020-2031)
- 11.3.2 Middle East & Africa Steel Wire Rope Sling Consumption Value by Country (2020-2031)
- 11.3.3 Turkey Market Size and Forecast (2020-2031)
- 11.3.4 Egypt Market Size and Forecast (2020-2031)
- 11.3.5 Saudi Arabia Market Size and Forecast (2020-2031)
- 11.3.6 South Africa Market Size and Forecast (2020-2031)

12 Market Dynamics

12.1 Steel Wire Rope Sling Market Drivers
12.2 Steel Wire Rope Sling Market Restraints
12.3 Steel Wire Rope Sling Trends Analysis
12.4 Porters Five Forces Analysis
- 12.4.1 Threat of New Entrants
- 12.4.2 Bargaining Power of Suppliers
- 12.4.3 Bargaining Power of Buyers
- 12.4.4 Threat of Substitutes
- 12.4.5 Competitive Rivalry

13 Raw Material and Industry Chain

13.1 Raw Material of Steel Wire Rope Sling and Key Manufacturers
13.2 Manufacturing Costs Percentage of Steel Wire Rope Sling
13.3 Steel Wire Rope Sling Production Process
13.4 Industry Value Chain Analysis

14 Shipments by Distribution Channel

14.1 Sales Channel
- 14.1.1 Direct to End-User
- 14.1.2 Distributors
14.2 Steel Wire Rope Sling Typical Distributors
14.3 Steel Wire Rope Sling Typical Customers

15 Research Findings and Conclusion

16 Appendix

16.1 Methodology
16.2 Research Process and Data Source

Description

According to our (Global Info Research) latest study, the global Steel Wire Rope Sling market size was valued at US$ 720 million in 2024 and is forecast to a readjusted size of USD 1107 million by 2031 with a CAGR of 6.6% during review period.
In this report, we will assess the current U.S. tariff framework alongside international policy adaptations, analyzing their effects on competitive market structures, regional economic dynamics, and supply chain resilience.
Steel Wire Rope Sling is a lifting and handling equipment composed of steel wire rope, connectors, hooks, etc., which is widely used in lifting, hoisting, transportation and other work scenarios. Wire rope sling is usually used for lifting, pulling, fixing and handling heavy objects. It can provide strong bearing capacity and stability and is an important part of various lifting machinery and lifting equipment.
The Steel Wire Rope Sling industry has become an indispensable part of infrastructure construction and heavy machinery operations in the rapid development in recent years. It is widely used in marine engineering, shipbuilding, mining, logistics warehousing, engineering machinery and other fields. With the optimization of my country's economic structure and the continuous advancement of technological upgrading in various industries, the steel wire rope sling market is growing steadily, while also facing changes in market structure and fierce competition.
From the current market situation, the steel wire rope sling industry has grown steadily in the past few years. This growth is mainly due to the country's continued investment in infrastructure construction and the increasing demand for heavy machinery operations.
However, while the steel wire rope sling industry is developing steadily, it is also facing many challenges. On the one hand, due to the relatively mature manufacturing technology of wire rope slings and the low entry threshold, a large number of small and medium-sized enterprises have emerged in the market to participate in the competition. This has led to serious product homogeneity in the market, fierce price competition, and it is difficult for some companies to stand out in the fierce market environment. On the other hand, some companies in the industry have insufficient investment in technology research and development, resulting in a certain gap in the performance and quality of their products. Although the market demand for steel wire rope slings has grown steadily, the overall competitive situation in the industry is still relatively complex.
From the perspective of future development trends, the steel wire rope sling industry will be jointly promoted by multiple factors, among which policy support, technological innovation and material upgrading will become the key driving force for the development of the industry. First of all, the country's policy support for the manufacturing industry will provide a strong guarantee for the healthy development of the steel wire rope sling industry. In recent years, my country has introduced a series of preferential policies and development plans in related fields such as steel and manufacturing, which has promoted the upgrading of the industry.
Secondly, with the continuous development of digitalization, intelligence and Internet of Things technology, the production, management and maintenance mode of the steel wire rope sling industry will also undergo profound changes. Intelligent manufacturing and Internet of Things (IoT) technology will gradually be applied to the production process of steel wire rope slings, making the production of products more efficient and accurate. At the same time, the application of intelligent sensor technology will be widely promoted in the use of steel wire rope slings. Through sensors, the load, wear and safety of steel wire rope slings can be monitored in real time, further improving their service life and reducing the occurrence of failures and accidents.
This report is a detailed and comprehensive analysis for global Steel Wire Rope Sling market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2025, are provided.
Key Features:
Global Steel Wire Rope Sling market size and forecasts, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Steel Wire Rope Sling market size and forecasts by region and country, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Steel Wire Rope Sling market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (Kilotons), and average selling prices (US$/Ton), 2020-2031
Global Steel Wire Rope Sling market shares of main players, shipments in revenue ($ Million), sales quantity (Kilotons), and ASP (US$/Ton), 2020-2025
The Primary Objectives in This Report Are:
To determine the size of the total market opportunity of global and key countries
To assess the growth potential for Steel Wire Rope Sling
To forecast future growth in each product and end-use market
To assess competitive factors affecting the marketplace
This report profiles key players in the global Steel Wire Rope Sling market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include WireCo WorldGroup (Union Wire Rope), Franklin Offshore Group, Juli Sling, PFEIFER, Tokyo Rope, Bridon-Bekaert, Certex, Safety Rope, Jiangsu Langshan Wire Rope, Dolezych, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.
Market Segmentation
Steel Wire Rope Sling market is split by Type and by Application. For the period 2020-2031, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.
Market segment by Type
Pressed Wire Rope Sling
Insert Wire Rope Sling
Cast Wire Rope Sling
Others
Market segment by Application
Oil & Gas
Construction & Industrial Lifting
Others
Major players covered
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
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 Sling product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Steel Wire Rope Sling, with price, sales quantity, revenue, and global market share of Steel Wire Rope Sling from 2020 to 2025.
Chapter 3, the Steel Wire Rope Sling competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Steel Wire Rope Sling breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2020 to 2031.
Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2020 to 2031.
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 2020 to 2025.and Steel Wire Rope Sling market forecast, by regions, by Type, and by Application, with sales and revenue, from 2026 to 2031.
Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Steel Wire Rope Sling.
Chapter 14 and 15, to describe Steel Wire Rope Sling sales channel, distributors, customers, research findings and conclusion.

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