Wire Rope Isolators Market Size & Share, by Product (Helical, Square, Circular, Customized); Load Capacity (<100Ibs, 100-300Ibs, 200-500Ibs, 500-800Ibs, 800-1100Ibs, > 1100Ibs); Material (Steel, Aluminum, Titanium, Alloy); Application (Pump & Generator, Shipping Cases, Power Plant Piping Suspension, Transporting Vehicle Load Support) - Global Supply & Demand Analysis, Growth Forecasts, Statistics Report 2024-2036

  • Report ID: 5298
  • Published Date: Oct 09, 2023
  • Report Format: PDF, PPT

Global Market Size, Forecast, and Trend Highlights Over 2024-2036

Wire Rope Isolators Market size is estimated to cross USD 108 billion by the end of 2036 growing at a CAGR of 6% during the forecast period i.e., 2024-2036. In the year 2023, the industry size of wire rope isolators was around 15 billion. The growth of this can be attributed to the account of increasing demand for wire rope isolator in various industries. WRIs are widely utilized in several sectors to isolate vibration from equipment and structures. This reduces noise and wear and tear and enhances the performance and lifespan of the equipment.   

In addition to this, the growth of this wire rope isolators market can also be ascribed to the back of the increasing launch of government regulations on noise and vibration. Governments around the world are implementing stricter regulations on noise and vibration pollution. This further is boosting the demand for wire rope isolators in a number of industries including construction, and transportation. Government initiatives such as DEF-STND 0755, MIL-STD-810 are predicted to raise the sales of wire rope isolators over the projected period. 


Wire Rope Isolators Market OverView
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Wire Rope Isolators Market: Growth Drivers and Challenges

Growth Drivers

  • Increasing Demand for Anti-Vibration to Reduce Losses - Examples of equipment that regularly vibrates at abnormally high levels include fans, motors, and other devices. Uncontrolled vibration levels may have effects that go beyond being annoying. Machines used by manufacturing organizations run a high danger of producing a lot of vibrations that are bad for the environment. It may be a problem for the workers who are close to the machinery, for other machines that face problems from nearby vibrations, or for nearby infrastructure that is subjected to constant, long-lasting vibrations. A wire rope isolator is a more affordable way to control or stop any machine or piece of equipment's vibration from negatively impacting the area around it.
  • Growing Awareness About Benefits of Wire Rope Isolators - The growth of this market can be attributed on the back of increasing awareness about the benefits offered by wire rope isolators comprising of reduced noise, reduced wear and tear, improved performance and more. 

Challenges

  • Increasing Competition from Vibration Isolators Products – There are a number of other vibration isolation products available, such as elastomeric isolators and air spring isolators. These products can be less expensive and easier to install with wire rope isolators. This is estimated to hamper the market expansion of wire rope isolators in the upcoming period.
  • Complex Installation of Wire Rope Isolators are Predicted to Restrict Market Growth in the Future Times.
  • High Cost of Wire Rope Isolators is Expected to Pose Limitation on the Market Growth by the End of 2036.

Wire Rope Isolators Market: Key Insights

Base Year

2023

Forecast Year

2024-2036

CAGR

~6%

Base Year Market Size

~USD 15 billion

Forecast Year Market Size

~USD 108 billion

Regional Scope

  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
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Wire Rope Isolators Segmentation

End Use (Electrical & Electronics, General Manufacturing, Automotive, Aerospace, Railway, Food & Beverage, Textile Industry, Shipping Industry, Chemical Industry, Energy & Power, Defense & Security, Pharmaceutical Industry, Coal & Mining)

The general manufacturing segment in the wire rope isolators market is estimated to hold the significant revenue share during the time period between 2024 – 2036. For numerous reasons, including safeguarding delicate machinery from harm and lowering noise from the equipment by isolating or vibration monitoring wire rope isolation gets essential in the industrial sector. The isolators' main benefit is that they lessen vibrations that could compromise the quality of the production process and prevent heavy gear from moving because of excessive noise, which could be dangerous. Technology developments have increased the performance of wire rope isolators. Wire rope isolators are being developed that are sophisticated and efficient for the manufacturing industry. The automaker, for instance, had to reduce the shock that was produced.  

Material (Steel, Aluminum, Titanium, Alloy Material)

Wire rope isolators market from the steel segment is estimated to hold around 40% of the revenue share during the forecast period. Steel wire rope isolators are strong, durable, and can withstand high loads. They are also relatively inexpensive, making them a popular choice for a wide range of applications. The steel wire rope isolator is collectively used in both commercial and residential application. 

Our in-depth analysis of the global market includes the following segments:

 

 

          Product Type

  • Helical Type
  • Square
  • Circular Type
  • Customized Products

 

 

 

          Load Capacity

  • Less than 100Ibs
  • 100 – 300Ibs
  • 200-500Ibs
  • 500-800Ibs
  • 800-1100Ibs
  • More than 1100Ibs

 

 

          Material

  • Steel
  • Aluminum
  • Titanium
  • Alloy Material

 

 

          Application

  • Pump & Generator
  • Shipping Cases
  • Power Plant Piping Suspension
  •  Transporting Vehicle Load Support

 

 

 

 

 

          End Use

  • Electrical & Electronics
  • General Manufacturing
  •  Automotive
  •  Aerospace
  •  Railway
  • Food & Beverage
  •  Textile Industry
  • Shipping Industry
  • Chemical Industry
  • Energy & Power
  • Defense & Security
  • Pharmaceutical Industry
  • Coal & Mining

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Wire Rope Isolators Industry - Regional Synopsis

North American Market Forecasts

The wire rope isolators market in North America is set to hold the largest revenue share of 35% by 2036. This market's expansion might be ascribed to the rising expenditures on construction projects. Approximately USD 1.30 trillion worth of structures are built annually in the United States, according to the Associated General Contractors of America, creating enormous prospects for market expansion. 

Asia Pacific Market Statistics

The wire rope isolators market in the Asia Pacific is estimated to account for a significant growth by the end of forecast period. Considering significant existence of market players in the region increasing focus towards flawless products in this region is offering lucrative growth opportunities for wire rope isolators market in the region.   

Research Nester
Wire Rope Isolators Market Region (1)
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Companies Dominating the Wire Rope Isolators Market

top-features-companies
    • ITT Enidine Inc.
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis
    • Vibrostop Srl
    • VMC Group
    • Wuzi Hongyuan Devflex Co., Ltd.
    • ANDRE HVAC International Inc
    • Enidine Incorporated
    • Eidos Engineering
    • All Air Incorporated
    • AMC S.A.
    • Minus K Technology

In the News

  • In July 2021, AMC-MECANOCAUCHO updated the VT anti-vibration mounts with a new nut-free fixing for spring hangers weighing 15 to 750 kg. The best springs are used in their construction. High-frequency vibrations are prevented from being transmitted by the lower rubber-molded steel spring component, which also features a rim to avoid acoustic bridges in the event of misalignment.
  • Minus K Technology introduced the Negative-Stiffness vibration isolation platform in May 2020. The model CT-2 passive isolator is only 2-1/2 inches tall and offers significantly better low-frequency vibration isolation performance than air tables and active systems with natural frequencies of 1/2 Hz vertical and 1-1/2 Hz horizontal.

Author Credits:  Rushikesh, Richa Gupta


  • Report ID: 5298
  • Published Date: Oct 09, 2023
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

The growing demand for wire rope isolators in end user industry and increasing demand for anti-vibration products are some of the major factors anticipated to drive the growth of the wire rope isolator market.

The market is anticipated to attain a CAGR of ~6% over the forecast period, i.e., 2024-2036.

The major players in the market are of Vibrostop Srl, VMC Group, Wuzi Hongyuan Devflex Co., Ltd., ANDRE HVAC International Inc, Enidine Incorporated, Eidos Engineering,, and others.

The steel segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.

The market in North America is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.
Wire Rope Isolators Market Report Scope
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