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A cable car, ropeways, aerial tramway, sky tram or aerial tram is defined as an aerial lift which uses one or two stationary supporting ropes for transporting vehicles, trolley, tram, lift, pallets etc. and third rope for providing propulsion. This form of lift maintains strong grip of fixed tramway with propulsion rope and cannot detach during operations. An electric motor is primarily deployed at the bottom of the tramway to provide proper propulsion of two cabins in the opposite direction. They are used in mountainous region to travel between the mines, for sightseeing in leisure industry, and to carry goods in the hilly areas. Technological advancement has allowed the development of electric motors and steel cables to provide better efficiency and increase safety. There are several industry sectors which finds application of advanced ropeway systems namely mining, transportation, tourism industry and logistic industry.
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The key players influencing the market are:
1. Doppelmayr/Garaventa Group
2. Leitner S.p.A
3. POMA Group
4. MND Group
5. Bartholet Maschinenbau AG (BMF)
6. Nippon Cable Co., Ltd.
7. CONVEYOR & ROPEWAY SERVICES PVT. LTD.
8. Damodar Ropeways & Infra Ltd.
This report contains:
Cable cars and ropeways have evolved as a preferred choice in tourism and transportation industry to carry leisure activities such as sightseeing. However, cables and ropeways have underutilized in several areas due to cost constraint and reduced efficiency, the market is insignificant in relation to urban transportation industry. In cold climate areas and tourist appealing region, cable car and rope ways have identified as the most preferred option of transportation. However, stringent government regulations regarding safety and ropeway installation, the market bears several technical challenges in terms of manufacturing and designing of such transportation systems. Due to this the market is expected to witness moderate growth rate with respect to the growth in material handling industry across the globe.
Cable Cars & Ropeways Market – Global Analysis to 2025 is an expert compiled study which provides a holistic view of the market covering current trends and future scope with respect to product/service, the report also covers competitive analysis to understand the presence of key vendors in the companies by analyzing their product/services, key financial facts, details SWOT analysis and key development in last three years. Further chapter such as industry landscape and competitive landscape provides the reader with recent company level insights covering mergers and acquisitions, joint ventures, collaborations, new product developments/strategies taking place across the ecosystem. The chapters also evaluate the key vendors by mapping all the relevant products and services to exhibit the ranking/ position of top 5 key vendors.
Cable Cars & Ropeways Market is a combination of qualitative as well as quantitative analysis which can be broken down into 40% and 60% respectively. Market estimation and forecasts are presented in the report for the overall global market from 2018 – 2025, considering 2018 as the base year and 2018 – 2025 forecast period. Global estimation is further broken down by segments and geographies such as North America, Europe, Asia-Pacific, Middle East & Africa and South America covering major 16 countries across the mentioned regions. The qualitative contents for geographical analysis will cover market trends in each region and country which includes highlights of the key players operating in the respective region/country, PEST analysis of each region which includes political, economic, social and technological factors influencing the growth of the market.
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Reason To Buy
Highlights key business priorities in order to assist companies to realign their business strategies
– Highlights Cable Cars & Ropeways Market hereby allowing organizations to gain revenues by focusing majorly on select products
– The key findings and recommendations highlight crucial progressive industry trends in the Cable Cars & Ropeways Market, thereby allowing players across the value chain to develop effective long term strategies
– Develop/modify business expansion plans by using substantial growth offering developed and emerging markets
– Scrutinize in-depth global market trends and outlook coupled with the factors driving the market, as well as those hindering it
– Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution
– Examine the current and future impact of the market and PEST analysis for regions such as North America, Europe, APAC, Middle-East & Africa and South America