Global Cable Transport Market Overview:
Cable transport is an extensive class of transport modes that have cables. They transport passengers as well as goods, often in vehicles known as cable cars. The cable may be passive or driven, and items may be moved by pulling, sliding, sailing, or by drives in the object being moved on cableways.
Growth Drivers
- Increasing Expansion of the Construction Industry
- Rising Adoption of Frequently Alterable Wiring Systems in Buildings
- Constant Technological Advancements
- The Growing Tourism Industry Worldwide
Market Trends
- Technological Advancements in the Cable Transport Products
Roadblocks
- Increasing Prices of Raw Materials
Opportunities
- The Emerging Demand from the Tourist Countries
Challenges
- The Rising Crashes in the Cable Transport
Competitive Landscape:
Some of the key players profiled in the report are Doppelmayr Seilbahnen Gmbh (Austria), POMA S.A. (France), LEITNER Group (Italy), Nippon Cable (Japan), BMF Group (Kazakhstan), DRIL (India), Bullwheel International Cable Car Corp (Canada), Kropivnik Cableways (India), Damodar Ropeways & Infra Limited (India) and CRSPL (India). Additionally, following companies can also be profiled that are part of our coverage like Ropeway Nepal (Nepal) and Beijing Goodyou Ropeway Engineering (China). Analyst at AMA Research see Indian Manufacturers to retain maximum share of Global Cable Transport market by 2026.
Latest Market Insights:
On 18 April 2018, Doppelmayr has announced a major expansion project at London Luton Airport is to include the creation of a new transport link. In the future, instead of taking a shuttle bus, passengers traveling to Luton from London St. Pancras International will be able to cover the last leg of their journey on the new automated people mover Cable Liner from Doppelmayr Cable Car.
On 12 March 2019, Doppelmayr has completed the world’s biggest urban ropeway network. The tenth line belonging to the world’s biggest urban ropeway network is now in service. The 33-kilometer network is comprised of detachable gondola lifts and constitutes the principal mode of transport for Bolivia’s adjacent metropolises La Paz and El Alto.
What Can be Explored with the Cable Transport Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global Cable Transport Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in Cable Transport
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
Research Methodology:
The top-down and bottom-up approaches are used to estimate and validate the size of the Global Cable Transport market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Cable Transport market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Cable Transport Manufacturers, Cable Transport Sub Component Manufacturers, Cable Transport Traders/Distributors, Cable Transport Importer/Exporter, Regulatory & Government Bodies and Downstream Vendors.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.