Global Oil Drilling Wire Rope Market Growth 2024-2030

Report ID: 2885838 | Published Date: Dec 2025 | No. of Page: 128 | Base Year: 2024 | Rating: 4.5 | Webstory: Check our Web story

Impact of U.S Tarrifs Analyzed 2025

The global Oil Drilling Wire Rope market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of % from 2024 to 2030.

ReportPrime's newest research report, the “Oil Drilling Wire Rope Industry Forecast” looks at past sales and reviews total world Oil Drilling Wire Rope sales in 2023, providing a comprehensive analysis by region and market sector of projected Oil Drilling Wire Rope sales for 2024 through 2030. With Oil Drilling Wire Rope sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Oil Drilling Wire Rope industry.

This Insight Report provides a comprehensive analysis of the global Oil Drilling Wire Rope landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Oil Drilling Wire Rope portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Oil Drilling Wire Rope market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Oil Drilling Wire Rope and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Oil Drilling Wire Rope.

United States market for Oil Drilling Wire Rope is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Oil Drilling Wire Rope is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Oil Drilling Wire Rope is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Oil Drilling Wire Rope players cover:

  • Usha Martin
  • Bharat Wire Ropes
  • Shinko Wire
  • CASAR(WireCo World Group)
  • Kiswire

In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Oil Drilling Wire Rope market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:

  • Point Contact Wire Rope
  • Line Contact Wire Rope
  • Compacted Strand Wire Rope

Segmentation by Application:

  • Onshore Drilling
  • Offshore Drilling

This report also splits the market by region:

  • Americas
    • United States
    • Canada
    • Mexico
    • Brazil
  • APAC
    • China
    • Japan
    • Korea
    • Southeast Asia
    • India
    • Australia
  • Europe
    • Germany
    • France
    • UK
    • Italy
    • Russia
  • Middle East & Africa
    • Egypt
    • South Africa
    • Israel
    • Turkey
    • GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration:

  • Usha Martin
  • Bharat Wire Ropes
  • Shinko Wire
  • CASAR(WireCo World Group)
  • Kiswire
  • CERTEX
  • Bridon-Bekaert The Ropes Group
  • BRUGG Lifting
  • Tokyo Rope
  • JULI Sling
  • Guizhou Wire Rope
  • Xianyang Bomco
  • Jiangsu Langshan Wire Rope
  • Teufelberger
  • PFEIFER
  • Jiangsu Safety Wire Rope
  • DSR Wire

Key Questions Addressed in this Report:

  1. What is the 10-year outlook for the global Oil Drilling Wire Rope market?
  2. What factors are driving Oil Drilling Wire Rope market growth, globally and by region?
  3. Which technologies are poised for the fastest growth by market and region?
  4. How do Oil Drilling Wire Rope market opportunities vary by end market size?
  5. How does Oil Drilling Wire Rope break out by Type, by Application?
Frequently Asked Questions
Oil Drilling Wire Rope report offers great insights of the market and consumer data and their interpretation through various figures and graphs. Report has embedded global market and regional market deep analysis through various research methodologies. The report also offers great competitor analysis of the industries and highlights the key aspect of their business like success stories, market development and growth rate.
Oil Drilling Wire Rope report is categorised based on following features:
  1. Global Market Players
  2. Geopolitical regions
  3. Consumer Insights
  4. Technological advancement
  5. Historic and Future Analysis of the Market
Oil Drilling Wire Rope report is designed on the six basic aspects of analysing the market, which covers the SWOT and SWAR analysis like strength, weakness, opportunity, threat, aspirations and results. This methodology helps investors to reach on to the desired and correct decision to put their capital into the market.

Related Reports