Cable Cars & Ropeways Market Expected to Reach US $4.6 Bn by 2026
Demand for cable-propelled transit continues to gain traction as one of the most efficient transport systems in the world. Technology behind the functioning of cable cars and ropeways has also drawn attention of several industrial verticals. Bidding for modernized urban transport systems, government and local administrative authorities are also increasing investments on faster commute facilities such as cable cars and ropeways.
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