Global Cable Cars and Ropeways System Market Growth (Status and Outlook) 2024-2030

Global Cable Cars and Ropeways System Market Growth (Status and Outlook) 2024-2030

Cable transportation systems includes cables, to travel from one end to another, especially at high altitudes places. Ropeways are generally used as a public transportation systems for carrying goods & passengers in cities as well as in mountain areas.

The global Cable Cars and Ropeways System market size is projected to grow from US$ 4341 million in 2024 to US$ 6284 million in 2030; it is expected to grow at a CAGR of 6.4% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Cable Cars and Ropeways System Industry Forecast” looks at past sales and reviews total world Cable Cars and Ropeways System sales in 2022, providing a comprehensive analysis by region and market sector of projected Cable Cars and Ropeways System sales for 2023 through 2029. With Cable Cars and Ropeways System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Cable Cars and Ropeways System industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Cable Cars and Ropeways System 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 Cable Cars and Ropeways System.

Rising global tourism activities are driving the demand for cable cars in the market. According to the World Travel and Tourism Council, thetravel and tourism industry contributed 9.1% to the global GDP in 2023 which was 23.2% higher than 2022. There were 27 million new jobs in 2023 in tourism industry which were 9.1% higher than 2022. Cable cars provide excellent offerings to tourists; they have multiple functions like access systems, attractions of their own, means of connection, and transportation goals. Various major tourist spots are equipped with cable cars to enhance the tourist experience and expectations from the viewpoint. Cable cars create opportunities in the travel industry. There are several other advantages to other modes of transport; it emits low carbon footprints, though it creates low environmental impacts compared to other modes of operation. The cable car also helps maintain the beauty of nature because it eliminates the need to build roads, which helps preserve the beauty of nature; the cost of the construction of cable cars is much more affordable than building roads on the land surface. Thus, all these factors are driving the growth of the cable cars and ropeways market.

This report presents a comprehensive overview, market shares, and growth opportunities of Cable Cars and Ropeways System market by product type, application, key players and key regions and countries.

Segmentation by Type:
Aerial Tramways
Chairlifts
Gondola
Surface Lift
Material Ropeways
Others

Segmentation by Application:
Tourism
Public Transportation
Others

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

Segmentation by Type:
Aerial Tramways
Chairlifts
Gondola
Surface Lift
Material Ropeways
Others

Segmentation by Application:
Tourism
Public Transportation
Others

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 analyzing the company's coverage, product portfolio, its market penetration.
Doppelmayr/Garaventa Group
Leitner S.p.A
POMA Group
Bartholet Maschinenbau AG (BMF)
Nippon Cable Co., Ltd
Damodar Ropeways & Infra Ltd
Vergokan
Dubrovnik Cable Cars
Kreischberg
MND Group
Aarconinfra Ropeways & Future Mobility
Inauen-Schätti
Chongqing Passenger Ropeway Company
Beijing Materials Handling Research Institute Co., Ltd
CHINA ENFI
Sante Cableway
Lijiang Yulong Tourism
Hongji Cableway
Hanzhong Daqin Machinery Limited Company
Sichuan Mining Machinery (Group) Co., Ltd
BEIJING GOODYOU ROPEWAY ENGINEERING CO., LTD
CCTEG Chongqing Engineering
XUZHOU TIANMA ROPEWAY CABLE CAR EQUIPMENT CO., LTD.

Please note: The report will take approximately 2 business days to prepare and deliver.