The cable cars & ropeways market is estimated to be valued at USD 7,256.5 Mn in 2025 and is expected to reach USD 15,941.7 Mn by 2032, exhibiting a compound annual growth rate (CAGR) of 11.9% from 2025 to 2032.
The Cable Cars & Ropeways market demand continues to grow as cultural tourism and urban transport needs drive demand. Operators are deploying these systems to provide efficient, eco-friendly mobility in mountainous terrains and crowded cities. Governments and private players actively invest in modernizing infrastructure, promoting sustainability, and adopting smart technologies to boost adoption. Countries in Europe, Asia, and Latin America lead new developments, backed by policy support and collaborations. Established manufacturers expand their presence as public transit and leisure applications increase globally.
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Electric segment acquired the prominent share of 68.3% in 2025. The demand for clean, efficient, and sustainable transportation drives growth in the electric segment of the Cable Cars & Ropeways market. Operators adopt electric-powered systems to cut carbon emissions and lower operational costs, benefiting both urban transit and tourism. Improvements in battery technology and energy management enhance system reliability and performance. Governments implement environmental regulations and offer incentives that encourage the use of electric cable cars and ropeways, actively promoting greener mobility solutions across regions worldwide. For instance, in May 2025, Mussoorie Sky Car unveiled India’s longest passenger ropeway between Dehradun and Mussoorie. The 5.2 km mono-cable detachable gondola system will significantly cut down travel time. Designed for year-round operation, the fully electric and waterproof system will remain functional in all weather conditions.
The growing need for maintenance, modernization, and operational support drives the services segment in the Cable Cars & Ropeways market to ensure safety and efficiency. Customers increasingly demand reliable after-sales services such as inspections, repairs, and upgrades, fueling market growth. Technological advancements prompt providers to offer specialized training and support. As ropeway systems expand in tourism and urban transit, service companies actively deliver comprehensive solutions that improve system performance, extend lifespan, and enhance the passenger experience. For instance, in June 2025, London’s cable car introduced an exciting new glass floor experience. Already one of the most daring ways to travel across the capital, the service now lets passengers book an even more thrilling ride.
Tourism and public transit actively drive the Cable Cars & Ropeways market share by offering convenient and scenic transportation options. Operators use these systems to improve access to remote and mountainous areas, enhancing visitor experiences. In urban areas, cable cars provide an efficient, eco-friendly alternative to reduce traffic congestion and pollution. As urbanization rises and tourist destinations expand, stakeholders invest in and innovate aerial mobility solutions that support both leisure travel and everyday commuting needs. For instance, in August 2025, Hyderabad unveiled a ropeway, connecting Golconda Fort and the Qutub Shahi Tombs. Spanning two kilometers, the ropeway aims to make travel easier for tourists and will cut down travel time between the two historic sites. Each cable car will carry up to six passengers.
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Europe dominates the overall market with an estimated share of 37.2% in 2025. Rising demand for sustainable transport and modern tourism infrastructure drives strong growth in the Europe Cable Cars & Ropeways market revenue. Countries across the region actively invest in ropeway systems to improve connectivity in mountainous regions and support eco-friendly urban mobility. Developers integrate energy-efficient technologies and smart control features into new projects. Leading manufacturers continue to advance system innovations, while governments actively promote ropeways within green transport strategies, accelerating their adoption in both public transit and tourism across the region. For instance, in December 2024, Switzerland unveiled the world’s steepest cable car, which leads up to the James Bond revolving restaurant. The cable car connects the valley-floor village of Stechelberg with Mürren, climbing a track with a gradient of 159.4 percent.
Countries across Asia Pacific are actively expanding tourism infrastructure and developing efficient urban transport, driving steady growth in the Cable Cars & Ropeways market share. Governments invest in ropeway projects to enhance access to remote regions and ease urban traffic congestion. Growing environmental awareness encourages the use of electric and energy-efficient systems. Public-private partnerships and ongoing technological advancements further accelerate market growth. The region continues to benefit from a combination of new installations and upgrades to existing systems in both tourism and city transport networks. For instance, in January 2024, Udaipur, known for its stunning natural and architectural beauty, launched a ropeway that offers panoramic views of the city from a great height. The ropeway connects a major tourist destination to the heart of Udaipur.
Cities and resorts across the United States are exploring innovative solutions for mobility and tourism. Urban planners are showing increased interest in ropeways for commuting, especially in areas with challenging terrain. Ski resorts actively upgrade lift systems to improve safety and enhance the visitor experience. Sustainability goals and distinctive urban development strategies are prompting stakeholders to adopt ropeways as efficient and visually attractive alternatives to traditional transportation options.
China continues to advance its Cable Cars & Ropeways industry by actively developing large-scale tourism areas and modern transport systems. The government is building ropeway networks to link scenic destinations, cultural sites, and mountainous regions, boosting domestic and international tourism. Urban planners are incorporating ropeways into city designs to ease congestion in crowded areas. Backed by strong policy support, major construction companies and technology providers are driving the expansion and modernization of ropeway infrastructure across the country. China has constructed a ropeway near the Torsa Nala on its side of the India-Bhutan-China tri-junction and is actively enhancing roads and related infrastructure throughout the eastern sector.
| Report Coverage | Details | ||
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| Base Year: | 2024 | Market Size in 2025: | USD 7,256.5 Mn |
| Historical Data for: | 2020 To 2024 | Forecast Period: | 2025 To 2032 |
| Forecast Period 2025 to 2032 CAGR: | 11.9% | 2032 Value Projection: | USD 15,941.7 Mn |
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| Companies covered: |
BartholetMaschinenbauAG (BMF), FUJITSU, Conveyor & Ropeway Services Pvt. Ltd.oSrl, DamodarRopeways & Infra Ltd., Doppelmayr/ GaraventaGroup, LEITNER AG, MND Group |
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Cities are increasingly adopting ropeways as a part of smart urban mobility solutions. These systems offer a cost-effective way to navigate congested or topographically challenging areas without major infrastructure disruption. Urban planners view them as ideal for linking neighborhoods, reducing road traffic, and cutting emissions. With growing interest in sustainable tourism, more cities are conducting feasibility studies or launching pilot projects to integrate cable cars into public transit networks, reshaping how people move within densely populated environments.
Environmental concerns are pushing the industry toward greener technologies. Operators are now investing in electric-powered systems, regenerative braking, and solar energy integration. This shift reflects growing pressure to reduce the carbon footprint of transportation, especially in sensitive tourist zones like mountains and heritage sites. Manufacturers are also redesigning cabins and stations with sustainable materials and energy-efficient features. As climate change policies tighten, stakeholders view eco-friendly ropeways as a long-term solution that aligns with global emission-reduction goals.
With urban areas facing increasing traffic congestion and pollution, ropeways offer an untapped opportunity to provide sustainable, elevated transport solutions. Cities with challenging terrains or limited space can integrate cable cars to connect suburbs, business districts, and transit hubs. This opportunity allows governments and developers to offer innovative mobility options that reduce road strain and enhance commuter convenience, especially in rapidly growing metropolitan regions looking for cost-effective alternatives to traditional rail or road infrastructure.
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About Author
Ameya Thakkar is a seasoned management consultant with 9+ years of experience optimizing operations and driving growth for companies in the automotive and transportation sector. As a senior consultant at CMI, Ameya has led strategic initiatives that have delivered over $50M in cost savings and revenue gains for clients. Ameya specializes in supply chain optimization, process re-engineering, and identification of deep revenue pockets. He has deep expertise in the automotive industry, having worked with major OEMs and suppliers on complex challenges such as supplier analysis, demand analysis, competitive analysis, and Industry 4.0 implementation.
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