Report Description Table of Contents The cable cars and ropeways market was worth USD 3.5 billion in 2023 and will be worth USD 5.74 billion by 2030, growing at a CAGR of 6.4% during the forecast period. The growth of the Cable Cars and Ropeways market is propelled by a consequential growth in urbanization levels, a hike in tourism activities, and the requirement for a functional means of transport in territories that are physically challenging to navigate, such as steep terrains. Worldwide travel is set to increase to 1.8 billion through 2030, generating an increased need for recreational transport such as cable cars for transport in mountainous and other tourist areas. Besides, cable cars are gradually being embraced as a sustainable means of transport in busy cities that have problems with other means of transport. For instance, in 2023, La Paz Bolivia added more lines to its cable car transportation system known as “Mi Teleférico,” which has grown to be the world’s largest urban cable car transit intended to solve transport problems such as traffic jams and pollution. This market is driven by the increasing importance of green mobility solutions together with the applicability of cable car systems, especially in regions with steep terrains but limited need for complex roads. The Cable Cars and Ropeways market has the potential for expansion because of the rising interest in the development of eco-friendly urban transport systems and the demand for efficient transportation in tourist areas. The global urban population is expected to reach 68% by 2050, increasing the demand for convenient transportation other than using automobiles. There is a perfect solution – cable cars that operate in cities and take up very little space and no infrastructure. For instance, in 2022, Medellín, Colombia, added new extensions to the Metrocable system, making cable cars a strategic means of public transportation to reach the elevated areas of communities. Further, as global tourist traffic gradually returns to normal in the wake of the COVID-19 pandemic, new opportunities have emerged in the form of the relaxation of cable car construction and operation restrictions in the major tourist attractions. Cable Cars and Ropeways Market Segmentation By Type: Aerial Tramways Gondola Lifts Chair Lifts Surface Lifts Funicular Railways Others (Inclined Lifts, Material Ropeways) By Application: Tourism Public Transportation Material Handling Industrial Use By End-User: Urban Areas Mountainous Regions Ski Resorts Mining Sites Theme Parks and Amusement Centers By Technology: Fixed Grip Detachable Grip Monocable Bi-cable Tri-cable By Region North America US Mexico Canada Rest of North America Europe Switzerland Russia France Germany U.K Finland Turkey Netherlands Belgium Spain Italy Rest of Europe Asia Pacific India China South Korea Japan Singapore Thailand Indonesia Malaysia Philippines Australia Rest of Asia-Pacific LAMEA Brazil Argentina Uruguay Saudi Arabia Rest of LAMEA Europe has the largest share in the Cable Cars and Ropeways market due to a strong tourism industry and adequate infrastructure especially in the mountainous region. The alpine region alone registers more than 120 million tourist visits every year, making Europe a vital market for cable car transportation, drawing tourism and transportation enthusiasts for skiing, sightseeing, mountain transport, etc. In 2023, Austria improved its cable cars with the modernization of a new line in the Tyrolean Alps that introduced efficient ways of accessing areas with difficult geographical terrains, profiting both the tourists and the environment. Furthermore, many European cities, for instance, Paris and London, have been considering cable car systems as part of their green urban transit development strategies, which support the region’s market stance. The interest in cable cars and ropeways in the tourism sector and innovative urban transport concepts make Europe the most important market. Cable Cars and Ropeways Market Key Players Doppelmayr/Garaventa Group Leitner Group POMA Bartholet Maschinenbau AG Nippon Cable Co., Ltd. BMF Group Ropeway Nepal MND Group Conveyor & Ropeway Services Pvt. Ltd. Cable Cars and Ropeways Market Report Coverage Report Attribute Details Forecast Period 2023 – 2030 Market Size Value in 2023 USD 3.5 billion Revenue Forecast in 2030 USD 5.74 billion Overall Growth Rate CAGR of 6.4% Base Year for Estimation 2022 Historical Data 2017 – 2021 Unit USD Billion, CAGR (2023 - 2030) Segmentation By Type, By Application, By End-User, By Technology, By Region By Type Aerial Tramways, Gondola Lifts, Chair Lifts, Surface Lifts, Funicular Railways, Others (Inclined Lifts, Material Ropeways) By Application Tourism, Public Transportation, Material Handling, Industrial Use By End-User Urban Areas, Mountainous Regions, Ski Resorts, Mining Sites, Theme Parks and Amusement Centers By Technology Fixed Grip, Detachable Grip, Monocable, Bi-cable, Tri-cable By Region North America, Europe, Asia-Pacific, LAMEA Country Scope US, Canada, Mexico, UK, Germany, France, China, Japan, India, South Korea, Australia, etc. Pricing and Purchase Options Avail customized purchase options to meet your exact research needs. Frequently Asked Question About This Report How big is the Cable Cars and Ropeways Market? The cable cars and ropeways market was valued at USD 3.5 billion in 2023 and is projected to reach USD 5.74 billion by 2030, growing at a CAGR of 6.4% during the forecast period. Who are the major players in the Cable Cars and Ropeways Market? Key players include Doppelmayr/Garaventa Group, Leitner Group, POMA Group, Bartholet Maschinenbau AG, and Nippon Cable Co., Ltd. What are the key factors driving the growth of the Cable Cars and Ropeways Market? The market is propelled by increasing urbanization, a rise in tourism activities, and the need for efficient transportation in challenging terrains. The adoption of cable cars as sustainable urban transport solutions further contributes to market growth. Which region held the largest Cable Cars and Ropeways Market share? Europe holds a significant market share, attributed to the presence of major manufacturers and extensive use in tourism and urban transport. Which application had the largest Cable Cars and Ropeways Market share? The tourism segment dominates the market, reflecting the widespread use of cable cars and ropeways in tourist destinations for sightseeing and transportation. . Table of Contents 1. CABLE CARS AND ROPEWAYS MARKET – PRODUCTION VOLUME BY REGION, (2024 – 2030) 1.1. North America 1.2. Europe 1.3. Asia Pacific 1.4. Latin America 1.5. Middle East & Africa 2. CABLE CARS AND ROPEWAYS MARKET – REVENUE ($MILLION), BY REGION, (2024 – 2030) 2.1. North America 2.2. 2.3. Europe 2.4. Asia Pacific 2.5. Latin America 2.6. Middle East & Africa 3. MARKET SHARE ANALYSIS – CABLE CARS AND ROPEWAYS MARKET 3.1. Top 20 Players with Product Mix, Revenue, and Sales Volume 3.2. Market Share, 2023 3.3. Market By Type of CABLE CARS AND ROPEWAYS and End-Use Outlook Analysis 4. HISTORIC TRENDS IN CABLE CARS AND ROPEWAYS MARKET 5. EMERGING MARKET TRENDS 6. NORTH AMERICA CABLE CARS AND ROPEWAYS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 6.1. North America CABLE CARS AND ROPEWAYS Historical Market ($MILLION), (2017 – 2023) 6.2. North America CABLE CARS AND ROPEWAYS Market ($MILLION) and Forecasts (2024 – 2030) 6.3. North America CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 6.3.1. Aerial Tramways 6.3.2. Gondola Lifts 6.3.3. Chair Lifts 6.3.4. Surface Lifts 6.3.5. Funicular Railways 6.3.6. Others (Inclined Lifts, Technology Ropeways) 6.4. North America CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology 6.4.1. Fixed Grip 6.4.2. Detachable Grip 6.4.3. Monocable 6.4.4. Bi-cable 6.4.5. Tri-cable 6.5. North America CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 6.5.1. Urban Areas 6.5.2. Mountainous Regions 6.5.3. Ski Resorts 6.5.4. Mining Sites 6.5.5. Theme Parks and Amusement Centers 6.6. North America CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 6.6.1. Tourism 6.6.2. Public Transportation 6.6.3. Material Handling 6.6.4. Industrial Use 6.7. North America CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 6.7.1. USA 6.7.2. Canada 6.7.3. Rest of North America 7. USA CABLE CARS AND ROPEWAYS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8. EUROPE CABLE CARS AND ROPEWAYS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 8.1. Europe CABLE CARS AND ROPEWAYS Historical Market ($MILLION), (2017 – 2023) 8.2. Europe CABLE CARS AND ROPEWAYS Market ($MILLION) and Forecasts (2024 – 2030) 8.3. Europe CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 8.4. Europe CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology 8.5. Europe CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 8.6. Europe CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 8.7. Europe CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 8.7.1. Germany 8.7.2. France 8.7.3. UK 8.7.4. Italy 8.7.5. Spain 8.7.6. Rest of Europe 9. APAC CABLE CARS AND ROPEWAYS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 9.1. APAC CABLE CARS AND ROPEWAYS Historical Market ($MILLION), (2017 – 2023) 9.2. APAC CABLE CARS AND ROPEWAYS Market ($MILLION) and Forecasts (2024 – 2030) 9.3. APAC CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 9.4. APAC CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology 9.5. APAC CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 9.6. APAC CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 9.7. APAC CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 9.7.1. China 9.7.2. Japan 9.7.3. South Korea 9.7.4. India 9.7.5. Australia 9.7.6. Rest of APAC 10. LATIN AMERICA CABLE CARS AND ROPEWAYS MARKET ANALYSIS BY SEGMENT (COUNTRY-LEVEL ANALYSIS) 10.1. Latin America CABLE CARS AND ROPEWAYS Historical Market ($MILLION), (2017 – 2023) 10.2. Latin America CABLE CARS AND ROPEWAYS Market ($MILLION) and Forecasts (2024 – 2030) 10.3. Latin America CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By Type 10.4. Latin America CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By Technology 10.5. Latin America CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By End-User 10.6. Latin America CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By Application 10.7. Latin America CABLE CARS AND ROPEWAYS Market Type ($MILLION), and Forecasts (2024 – 2030), By Geography 10.7.1. Brazil 10.7.2. Argentina 10.7.3. Rest of Latin America 11. COMPANY PROFILES: 11.1. Doppelmayr/Garaventa Group 11.1.1. Company Overview 11.1.2. Company Snapshot 11.1.3. Operating business segments 11.1.4. Product offered and Revenue 11.1.5. Production & Sales 11.2. Bartholet Maschinenbau AG 11.3. Nippon Cable Co., Ltd. 11.4. BMF Group 11.5. Ropeway Nepal 11.6. MND Group 11.7. Damodar Ropeways & Infra Ltd. 11.8. OTHER MARKET PLAYERS