Press release
Flat Elevator Traveling Cable Market Set to Surge - Key Insights You Must Know
Flat Elevator Traveling Cable MarketThe elevator traveling cable connects the elevator car to the controller. All power and signal information is transferred through the travelling cables in traditional elevators. These cables are expected to last for a long time. Elevator traveling cable is a multi-conductor wire that is always in motion.The average life expectancy is 15 to 20 years.Flat elevator cables are a practical solution to today's market demand for smaller, slimmer wires. These cables are thinner thanks to their flat structure. Flat elevator cables are ideal for scenarios requiring undetectable circuitry due to its low torque attribute and long life.
The global Flat Elevator Traveling Cable market was valued at US$ million in 2023 and is anticipated to reach US$ million by 2030, witnessing a CAGR of % during the forecast period 2024-2030.
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North American market for Flat Elevator Traveling Cable is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
Asia-Pacific market for Flat Elevator Traveling Cable is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.
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The major global manufacturers of Flat Elevator Traveling Cable include Prysmian Group, RR Kabel, Fujikura, Norden, Flexon, Rolliflex, Geba Cables, Shanghai Changshun elevator cable and Shen Tai Electric Cable, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.
By Type
• Round Cable
• Flat Cable
By Application
• Residential Elevator
• Commercial Elevator
Key Companies
Prysmian Group, RR Kabel, Fujikura, Norden, Flexon, Rolliflex, Geba Cables, Shanghai Changshun elevator cable, Shen Tai Electric Cable, Anhui Ansheng special cable, Tiancheng Xianlan, Shanghai Zhongrou Cable, Guorou cable
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