Market Research on Cable Cars And Ropeways Market 2016 and Analysis t Market Research on Cable Cars And Ropeways Market | Page 4

Report
Description
Report Description
worldwide. In tourism and winter regions the cable cars and ropeways have served well
and are the only desirable options that can be used. But the cable cars and ropeway
market has remained insignificant when urban transportation industry is considered. This
is particularly due to various obstacles such as small market size, new technologies,
public sectors, various customer expectations and many more. Another factor restraining
the growth of the market is the strict safety norms and regulations, as cable cars and
ropeways operate under critical conditions and hence the designing and manufacturing
of such transport vehicles are done under strict supervision of safety officers to avoid
mishaps. Moreover, the cable car and ropeway market is expected to witness moderate
growth in demand owing to steady growth of material handling industry across the globe.
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Cable Cars and Ropeways Market: Segmentation:

Cable cars and ropeways market can be segmented by type of industry, sales channel and
types.
By type of industry, they can be segmented as:
• Tourism
• Material handling
• Public transportation