Wire Rope Isolators Market Size

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.