The global Elevator Travel Cables market size was valued at US$ 678.9 million in 2024 and is projected to reach US$ 987.4 million by 2030, at a CAGR of 6.4% during the forecast period 2024-2030.
The United States Elevator Travel Cables market size was valued at US$ 187.5 million in 2024 and is projected to reach US$ 265.8 million by 2030, at a CAGR of 6.0% during the forecast period 2024-2030.
Elevator Travel Cables are specialized cables designed for power and signal transmission in elevator systems, featuring high flexibility and durability.
The global market is expanding steadily, driven by urbanization and high-rise construction. In 2023, cable installations reached 450 million meters globally, with commercial buildings accounting for 50% of demand. The market saw a 25% increase in fiber optic cable adoption in 2023. Standard travel cables dominate with a 70% market share, while smart cables are growing at 10% annually. Asia Pacific leads with a 50% market share and is the fastest-growing region at 7.5% CAGR. The industry is focusing on developing integrated monitoring systems, with a 30% growth in R&D investments for safety features.
Report Overview
Traveling cable (either flat type or circular-liked type) is a cable that is used for power transmission to the elevator car, and communication between the controller, and the elevator car. This report mainly studies Elevator Travel Cable.
This report provides a deep insight into the global Elevator Travel Cables market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Elevator Travel Cables Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Elevator Travel Cables market in any manner.
Global Elevator Travel Cables Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
Key Company
MKS Kablo
Ultracab
ST Cable
HENGTONG
Flexon
RR Kabel
Delta Electronics
Market Segmentation (by Type)
Flat Cables
Circular-liked Cables
Market Segmentation (by Application)
Communication
Power Transmission
Geographic Segmentation
TABLE OF CONTENTS
Table of Contents
1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Elevator Travel Cables
1.2 Key Market Segments
1.2.1 Elevator Travel Cables Segment by Type
1.2.2 Elevator Travel Cables Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Elevator Travel Cables Market Overview
2.1 Global Market Overview
2.1.1 Global Elevator Travel Cables Market Size (M USD) Estimates and Forecasts (2019-2030)
2.1.2 Global Elevator Travel Cables Sales Estimates and Forecasts (2019-2030)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Elevator Travel Cables Market Competitive Landscape
3.1 Global Elevator Travel Cables Sales by Manufacturers (2019-2024)
3.2 Global Elevator Travel Cables Revenue Market Share by Manufacturers (2019-2024)
3.3 Elevator Travel Cables Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Elevator Travel Cables Average Price by Manufacturers (2019-2024)
3.5 Manufacturers Elevator Travel Cables Sales Sites, Area Served, Product Type
3.6 Elevator Travel Cables Market Competitive Situation and Trends
3.6.1 Elevator Travel Cables Market Concentration Rate
3.6.2 Global 5 and 10 Largest Elevator Travel Cables Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Elevator Travel Cables Industry Chain Analysis
4.1 Elevator Travel Cables Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Elevator Travel Cables Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Elevator Travel Cables Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Elevator Travel Cables Sales Market Share by Type (2019-2024)
6.3 Global Elevator Travel Cables Market Size Market Share by Type (2019-2024)
6.4 Global Elevator Travel Cables Price by Type (2019-2024)
7 Elevator Travel Cables Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Elevator Travel Cables Market Sales by Application (2019-2024)
7.3 Global Elevator Travel Cables Market Size (M USD) by Application (2019-2024)
7.4 Global Elevator Travel Cables Sales Growth Rate by Application (2019-2024)
8 Elevator Travel Cables Market Segmentation by Region
8.1 Global Elevator Travel Cables Sales by Region
8.1.1 Global Elevator Travel Cables Sales by Region
8.1.2 Global Elevator Travel Cables Sales Market Share by Region
8.2 North America
8.2.1 North America Elevator Travel Cables Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Elevator Travel Cables Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Elevator Travel Cables Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Elevator Travel Cables Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Elevator Travel Cables Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 MKS Kablo
9.1.1 MKS Kablo Elevator Travel Cables Basic Information
9.1.2 MKS Kablo Elevator Travel Cables Product Overview
9.1.3 MKS Kablo Elevator Travel Cables Product Market Performance
9.1.4 MKS Kablo Business Overview
9.1.5 MKS Kablo Elevator Travel Cables SWOT Analysis
9.1.6 MKS Kablo Recent Developments
9.2 Ultracab
9.2.1 Ultracab Elevator Travel Cables Basic Information
9.2.2 Ultracab Elevator Travel Cables Product Overview
9.2.3 Ultracab Elevator Travel Cables Product Market Performance
9.2.4 Ultracab Business Overview
9.2.5 Ultracab Elevator Travel Cables SWOT Analysis
9.2.6 Ultracab Recent Developments
9.3 ST Cable
9.3.1 ST Cable Elevator Travel Cables Basic Information
9.3.2 ST Cable Elevator Travel Cables Product Overview
9.3.3 ST Cable Elevator Travel Cables Product Market Performance
9.3.4 ST Cable Elevator Travel Cables SWOT Analysis
9.3.5 ST Cable Business Overview
9.3.6 ST Cable Recent Developments
9.4 HENGTONG
9.4.1 HENGTONG Elevator Travel Cables Basic Information
9.4.2 HENGTONG Elevator Travel Cables Product Overview
9.4.3 HENGTONG Elevator Travel Cables Product Market Performance
9.4.4 HENGTONG Business Overview
9.4.5 HENGTONG Recent Developments
9.5 Flexon
9.5.1 Flexon Elevator Travel Cables Basic Information
9.5.2 Flexon Elevator Travel Cables Product Overview
9.5.3 Flexon Elevator Travel Cables Product Market Performance
9.5.4 Flexon Business Overview
9.5.5 Flexon Recent Developments
9.6 RR Kabel
9.6.1 RR Kabel Elevator Travel Cables Basic Information
9.6.2 RR Kabel Elevator Travel Cables Product Overview
9.6.3 RR Kabel Elevator Travel Cables Product Market Performance
9.6.4 RR Kabel Business Overview
9.6.5 RR Kabel Recent Developments
9.7 Delta Electronics
9.7.1 Delta Electronics Elevator Travel Cables Basic Information
9.7.2 Delta Electronics Elevator Travel Cables Product Overview
9.7.3 Delta Electronics Elevator Travel Cables Product Market Performance
9.7.4 Delta Electronics Business Overview
9.7.5 Delta Electronics Recent Developments
10 Elevator Travel Cables Market Forecast by Region
10.1 Global Elevator Travel Cables Market Size Forecast
10.2 Global Elevator Travel Cables Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Elevator Travel Cables Market Size Forecast by Country
10.2.3 Asia Pacific Elevator Travel Cables Market Size Forecast by Region
10.2.4 South America Elevator Travel Cables Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Elevator Travel Cables by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Elevator Travel Cables Market Forecast by Type (2025-2030)
11.1.1 Global Forecasted Sales of Elevator Travel Cables by Type (2025-2030)
11.1.2 Global Elevator Travel Cables Market Size Forecast by Type (2025-2030)
11.1.3 Global Forecasted Price of Elevator Travel Cables by Type (2025-2030)
11.2 Global Elevator Travel Cables Market Forecast by Application (2025-2030)
11.2.1 Global Elevator Travel Cables Sales (K Units) Forecast by Application
11.2.2 Global Elevator Travel Cables Market Size (M USD) Forecast by Application (2025-2030)
12 Conclusion and Key Findings
LIST OF TABLES & FIGURES
List of Tables
Table 1. Introduction of the Type
Table 2. Introduction of the Application
Table 3. Market Size (M USD) Segment Executive Summary
Table 4. Elevator Travel Cables Market Size Comparison by Region (M USD)
Table 5. Global Elevator Travel Cables Sales (K Units) by Manufacturers (2019-2024)
Table 6. Global Elevator Travel Cables Sales Market Share by Manufacturers (2019-2024)
Table 7. Global Elevator Travel Cables Revenue (M USD) by Manufacturers (2019-2024)
Table 8. Global Elevator Travel Cables Revenue Share by Manufacturers (2019-2024)
Table 9. Company Type (Tier 1, Tier 2, and Tier 3) & (based on the Revenue in Elevator Travel Cables as of 2022)
Table 10. Global Market Elevator Travel Cables Average Price (USD/Unit) of Key Manufacturers (2019-2024)
Table 11. Manufacturers Elevator Travel Cables Sales Sites and Area Served
Table 12. Manufacturers Elevator Travel Cables Product Type
Table 13. Global Elevator Travel Cables Manufacturers Market Concentration Ratio (CR5 and HHI)
Table 14. Mergers & Acquisitions, Expansion Plans
Table 15. Industry Chain Map of Elevator Travel Cables
Table 16. Market Overview of Key Raw Materials
Table 17. Midstream Market Analysis
Table 18. Downstream Customer Analysis
Table 19. Key Development Trends
Table 20. Driving Factors
Table 21. Elevator Travel Cables Market Challenges
Table 22. Global Elevator Travel Cables Sales by Type (K Units)
Table 23. Global Elevator Travel Cables Market Size by Type (M USD)
Table 24. Global Elevator Travel Cables Sales (K Units) by Type (2019-2024)
Table 25. Global Elevator Travel Cables Sales Market Share by Type (2019-2024)
Table 26. Global Elevator Travel Cables Market Size (M USD) by Type (2019-2024)
Table 27. Global Elevator Travel Cables Market Size Share by Type (2019-2024)
Table 28. Global Elevator Travel Cables Price (USD/Unit) by Type (2019-2024)
Table 29. Global Elevator Travel Cables Sales (K Units) by Application
Table 30. Global Elevator Travel Cables Market Size by Application
Table 31. Global Elevator Travel Cables Sales by Application (2019-2024) & (K Units)
Table 32. Global Elevator Travel Cables Sales Market Share by Application (2019-2024)
Table 33. Global Elevator Travel Cables Sales by Application (2019-2024) & (M USD)
Table 34. Global Elevator Travel Cables Market Share by Application (2019-2024)
Table 35. Global Elevator Travel Cables Sales Growth Rate by Application (2019-2024)
Table 36. Global Elevator Travel Cables Sales by Region (2019-2024) & (K Units)
Table 37. Global Elevator Travel Cables Sales Market Share by Region (2019-2024)
Table 38. North America Elevator Travel Cables Sales by Country (2019-2024) & (K Units)
Table 39. Europe Elevator Travel Cables Sales by Country (2019-2024) & (K Units)
Table 40. Asia Pacific Elevator Travel Cables Sales by Region (2019-2024) & (K Units)
Table 41. South America Elevator Travel Cables Sales by Country (2019-2024) & (K Units)
Table 42. Middle East and Africa Elevator Travel Cables Sales by Region (2019-2024) & (K Units)
Table 43. MKS Kablo Elevator Travel Cables Basic Information
Table 44. MKS Kablo Elevator Travel Cables Product Overview
Table 45. MKS Kablo Elevator Travel Cables Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 46. MKS Kablo Business Overview
Table 47. MKS Kablo Elevator Travel Cables SWOT Analysis
Table 48. MKS Kablo Recent Developments
Table 49. Ultracab Elevator Travel Cables Basic Information
Table 50. Ultracab Elevator Travel Cables Product Overview
Table 51. Ultracab Elevator Travel Cables Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 52. Ultracab Business Overview
Table 53. Ultracab Elevator Travel Cables SWOT Analysis
Table 54. Ultracab Recent Developments
Table 55. ST Cable Elevator Travel Cables Basic Information
Table 56. ST Cable Elevator Travel Cables Product Overview
Table 57. ST Cable Elevator Travel Cables Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 58. ST Cable Elevator Travel Cables SWOT Analysis
Table 59. ST Cable Business Overview
Table 60. ST Cable Recent Developments
Table 61. HENGTONG Elevator Travel Cables Basic Information
Table 62. HENGTONG Elevator Travel Cables Product Overview
Table 63. HENGTONG Elevator Travel Cables Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 64. HENGTONG Business Overview
Table 65. HENGTONG Recent Developments
Table 66. Flexon Elevator Travel Cables Basic Information
Table 67. Flexon Elevator Travel Cables Product Overview
Table 68. Flexon Elevator Travel Cables Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 69. Flexon Business Overview
Table 70. Flexon Recent Developments
Table 71. RR Kabel Elevator Travel Cables Basic Information
Table 72. RR Kabel Elevator Travel Cables Product Overview
Table 73. RR Kabel Elevator Travel Cables Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 74. RR Kabel Business Overview
Table 75. RR Kabel Recent Developments
Table 76. Delta Electronics Elevator Travel Cables Basic Information
Table 77. Delta Electronics Elevator Travel Cables Product Overview
Table 78. Delta Electronics Elevator Travel Cables Sales (K Units), Revenue (M USD), Price (USD/Unit) and Gross Margin (2019-2024)
Table 79. Delta Electronics Business Overview
Table 80. Delta Electronics Recent Developments
Table 81. Global Elevator Travel Cables Sales Forecast by Region (2025-2030) & (K Units)
Table 82. Global Elevator Travel Cables Market Size Forecast by Region (2025-2030) & (M USD)
Table 83. North America Elevator Travel Cables Sales Forecast by Country (2025-2030) & (K Units)
Table 84. North America Elevator Travel Cables Market Size Forecast by Country (2025-2030) & (M USD)
Table 85. Europe Elevator Travel Cables Sales Forecast by Country (2025-2030) & (K Units)
Table 86. Europe Elevator Travel Cables Market Size Forecast by Country (2025-2030) & (M USD)
Table 87. Asia Pacific Elevator Travel Cables Sales Forecast by Region (2025-2030) & (K Units)
Table 88. Asia Pacific Elevator Travel Cables Market Size Forecast by Region (2025-2030) & (M USD)
Table 89. South America Elevator Travel Cables Sales Forecast by Country (2025-2030) & (K Units)
Table 90. South America Elevator Travel Cables Market Size Forecast by Country (2025-2030) & (M USD)
Table 91. Middle East and Africa Elevator Travel Cables Consumption Forecast by Country (2025-2030) & (Units)
Table 92. Middle East and Africa Elevator Travel Cables Market Size Forecast by Country (2025-2030) & (M USD)
Table 93. Global Elevator Travel Cables Sales Forecast by Type (2025-2030) & (K Units)
Table 94. Global Elevator Travel Cables Market Size Forecast by Type (2025-2030) & (M USD)
Table 95. Global Elevator Travel Cables Price Forecast by Type (2025-2030) & (USD/Unit)
Table 96. Global Elevator Travel Cables Sales (K Units) Forecast by Application (2025-2030)
Table 97. Global Elevator Travel Cables Market Size Forecast by Application (2025-2030) & (M USD)
List of Figures
Figure 1. Product Picture of Elevator Travel Cables
Figure 2. Data Triangulation
Figure 3. Key Caveats
Figure 4. Global Elevator Travel Cables Market Size (M USD), 2019-2030
Figure 5. Global Elevator Travel Cables Market Size (M USD) (2019-2030)
Figure 6. Global Elevator Travel Cables Sales (K Units) & (2019-2030)
Figure 7. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 8. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 9. Evaluation Matrix of Regional Market Development Potential
Figure 10. Elevator Travel Cables Market Size by Country (M USD)
Figure 11. Elevator Travel Cables Sales Share by Manufacturers in 2023
Figure 12. Global Elevator Travel Cables Revenue Share by Manufacturers in 2023
Figure 13. Elevator Travel Cables Market Share by Company Type (Tier 1, Tier 2 and Tier 3): 2023
Figure 14. Global Market Elevator Travel Cables Average Price (USD/Unit) of Key Manufacturers in 2023
Figure 15. The Global 5 and 10 Largest Players: Market Share by Elevator Travel Cables Revenue in 2023
Figure 16. Evaluation Matrix of Segment Market Development Potential (Type)
Figure 17. Global Elevator Travel Cables Market Share by Type
Figure 18. Sales Market Share of Elevator Travel Cables by Type (2019-2024)
Figure 19. Sales Market Share of Elevator Travel Cables by Type in 2023
Figure 20. Market Size Share of Elevator Travel Cables by Type (2019-2024)
Figure 21. Market Size Market Share of Elevator Travel Cables by Type in 2023
Figure 22. Evaluation Matrix of Segment Market Development Potential (Application)
Figure 23. Global Elevator Travel Cables Market Share by Application
Figure 24. Global Elevator Travel Cables Sales Market Share by Application (2019-2024)
Figure 25. Global Elevator Travel Cables Sales Market Share by Application in 2023
Figure 26. Global Elevator Travel Cables Market Share by Application (2019-2024)
Figure 27. Global Elevator Travel Cables Market Share by Application in 2023
Figure 28. Global Elevator Travel Cables Sales Growth Rate by Application (2019-2024)
Figure 29. Global Elevator Travel Cables Sales Market Share by Region (2019-2024)
Figure 30. North America Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 31. North America Elevator Travel Cables Sales Market Share by Country in 2023
Figure 32. U.S. Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 33. Canada Elevator Travel Cables Sales (K Units) and Growth Rate (2019-2024)
Figure 34. Mexico Elevator Travel Cables Sales (Units) and Growth Rate (2019-2024)
Figure 35. Europe Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 36. Europe Elevator Travel Cables Sales Market Share by Country in 2023
Figure 37. Germany Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 38. France Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 39. U.K. Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 40. Italy Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 41. Russia Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 42. Asia Pacific Elevator Travel Cables Sales and Growth Rate (K Units)
Figure 43. Asia Pacific Elevator Travel Cables Sales Market Share by Region in 2023
Figure 44. China Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 45. Japan Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 46. South Korea Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 47. India Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 48. Southeast Asia Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 49. South America Elevator Travel Cables Sales and Growth Rate (K Units)
Figure 50. South America Elevator Travel Cables Sales Market Share by Country in 2023
Figure 51. Brazil Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 52. Argentina Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 53. Columbia Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 54. Middle East and Africa Elevator Travel Cables Sales and Growth Rate (K Units)
Figure 55. Middle East and Africa Elevator Travel Cables Sales Market Share by Region in 2023
Figure 56. Saudi Arabia Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 57. UAE Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 58. Egypt Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 59. Nigeria Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 60. South Africa Elevator Travel Cables Sales and Growth Rate (2019-2024) & (K Units)
Figure 61. Global Elevator Travel Cables Sales Forecast by Volume (2019-2030) & (K Units)
Figure 62. Global Elevator Travel Cables Market Size Forecast by Value (2019-2030) & (M USD)
Figure 63. Global Elevator Travel Cables Sales Market Share Forecast by Type (2025-2030)
Figure 64. Global Elevator Travel Cables Market Share Forecast by Type (2025-2030)
Figure 65. Global Elevator Travel Cables Sales Forecast by Application (2025-2030)
Figure 66. Global Elevator Travel Cables Market Share Forecast by Application (2025-2030)