Cable Cars & Ropeways Market Is Projected to Reflect at 11.9% CAGR by 2024
According to the report, titled "Cable Cars and Ropeways Market: Global Industry Analysis and Forecast, 2016 - 2024," the global market for cable cars and ropeways is presently valued at closed to US$ 1.9 Bn. Costly transportation in hilly areas, poor accessibility to high altitude regions, growing awareness for "green transportation" and safety concerns, are some of the macroeconomic factors compiled in the report that are acting as proponents of cable cars and ropeways.
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