Global Aerial Cable Car Equipment Market: Introduction

Flexibility and cost-effectiveness of aerial cable cars is leading to increasing use of this transportation option in public transport systems in cities, towns, and urban areas. A cable car or aerial lift is a method of transportation in which people are transported from one place to another by means of a cabin or cable car that is supported by multiple cables above the ground. These transportation equipment known as aerial cable cars are generally built in mountainous terrains where building a road is difficult and it can easily cross ravines and rivers.

Global Aerial Cable Car Equipment Market: Competitive Landscape

Doppelmayr/Garaventa Group

Doppelmayr/Garaventa Group was formed in 1893 by Konrad Doppelmayr and is headquartered in Wolfurt, Austria. The company is a global leader in ropeway engineering. The company’s product portfolio includes funicular railways, reversible aerial tramway, pulsed movement aerial ropeway, funifor, funitel, 3S gondola lift, combination lift, detachable gondola lift, detachable chairlift, fixed-grip chairlift, surface lift, cable liner, avalanche blasting ropeway, material ropeway, and monorack. Doppelmayr/Garaventa Group has manufacturing plants, and sales and service centers across 40 countries across the globe. The company has built over 15,000 installations of aerial cable cars for customers in close to 96 nations around the world. Doppelmayr/Garaventa Group has subsidiaries across North America, Europe, Asia Pacific, Middle East & Africa, and South America.

To Get Glimpse of what our Report offers, Ask for a Report Brochure

Leitner Ropeways

Leitner Ropeways was formed in 1888 by Gabriel Leitner and is headquartered in Vipiteno, Italy. Leitner Ropeways is part of the High Technology Industries (HTI) Group. The product portfolio of Leitner Ropeways consists of detachable gondola lifts, detachable chairlifts, detachable chairlifts, surface lifts, funiculars, tri-cable and bi-cable gondola lifts, aerial tramways, reversible gondola ropeways, inclined elevators, material ropeways, etc.   

Global Aerial Cable Car Equipment Market: Dynamics

Rise in tourism across the world and increasing participation in winter sports driving the demand for ropeway/ aerial cable cars

According to global tourism industry body, World Travel & Tourism Council (WTTC), the global travel & tourism industry has grown from US$ 6.03 Trillion in 2006 and reached US$ 8.27 Trillion by 2017, expanding at a CAGR of 2.9%. Globally, rise in population of the middle class in emerging economies, increase in travel frequency of millennial population compared to other generations, and increased awareness among youth about travel destinations are increasing the market size of the global travel and tourism market. Winter sports in Europe and North America is seeing increasing participation. All these factors are increasing the demand for aerial cable cars or ropeways across these regions. Rise in demand for aerial cable cars in global travel and tourism industry is increasing the sale of aerial cable car equipment across the globe.   

To Get a Bird’s Eye View of Market Forecast, Ask for a Custom Report

Global Aerial Cable Car Equipment Market: Segmentation

The global aerial cable car Equipment market can be segmented based on:

  • Equipment Type
  • Application
  • Product Type
  • Region

Global Aerial Cable Car Equipment Market, by Equipment Type

  • Fixed Grip Installations/ Equipment
    • Chairlifts
    • Gondola ropeways
  • Detachable Installations/ Equipment
    • Chairlift
    • Mono-cable Gondola Lifts
  • Aerial Tramways
  • Funiculars
  • Others (Bi-cable, Tri-cable, Surface Lift, Material Ropeways, Inclined Lifts, etc.)

Global Aerial Cable Car Equipment Market, by Application

  • Tourism
  • Public Transportation
  • Material Handling
  • Mining
  • Others

Global Aerial Cable Car Equipment Market, by Product Type

  • Original Equipment Manufacturers (OEMs)
  • Aftermarket

 

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market   

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.