Global Inland Waterways Vessels Market

Global Inland Waterways Vessels Market is estimated to reach US$ XX Bn by 2026 in terms of revenue at CAGR of 6.5 % in the forecasting period.

Global Inland Waterways Vessels Market

Inland Waterways Vessels Market is majorly segmented by the vessel, fuel, and region. Based on vessel segment, non-passenger type is expected to dominate the global Inland Waterways Vessels Market in 2016. Substantial revenue generation is attributed to the high prominence of workboats including fishing vessels and general cargo ships in the industry. Moreover, high usage of tugboats and freight vessels for the transportation of goods will contribute significantly towards the industry growth.

Government initiatives to enhance port facilities will also escalate the market share over the study period. For instance, in March 2018, the ports sector of India was awarded USD 10 billion that will be benefiting the service providers for their tasks such as operation & maintenance, pilotage & harbours, etc. Rising inland traffic along with heavy investments is further pointing towards a healthy outlook for the industry in future.

Rising penetration of digital systems result in the improvement of the operational performance and minimizing the cost & risks involving human error. Multiple sensors are deployed in ships offering ship monitoring which will enhance the overall performance as well. Incorporation of automation technologies is a prominent trend that will positively influence the regulatory procedures, business operations, maintenance, and navigation. Shipping may also implement technologies from oil and gas industry such as the system for remote monitoring, data mining, and diagnostics. These advancements are likely to further induce immense potential to the market over the next couple of years.

In terms of region, Asia-Pacific held the highest market share in 2016. High demand from the countries including South Korea, Japan, and China will primarily contribute to the revenue generation. From 2010 to 2014, these countries have constructed 84% of new tankers, 95% of the bulk carriers, and 94% of the LNG carriers. The Chinese shipbuilding industry mainly focuses on commercial ships such as tankers, containers, and bulkers. Moreover, South Korea emerged as a significant player in the industry owing to government support, skilled & low-cost labor, and favorable exchange rate.

Key players operating on the market are, Viking, Sanmar, Rhenus Group, European Cruise Service, Sneed Shipbuilding, CMA CGM Group, Bayliner, Windcat Workboats, Seacontractors DFDS, Norfolk Tug Company, and CIWTC.

The objective of the report is to present comprehensive analysis of Global Inland Waterways Vessels market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with analysis of complicated data in simple language. The report covers all the aspects of industry with dedicated study of key players that includes market leaders, followers and new entrants by region. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors by region on the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give clear futuristic view of the industry to the decision makers.

The report also helps in understanding Global Inland Waterways Vessels market dynamics, structure by analyzing the market segments, and project the Global Inland Waterways Vessels market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Inland Waterways Vessels market make the report investor’s guide.

Scope of Global Inland Waterways Vessels Market:

Global Inland Waterways Vessels Market, By Vessel:

• Passenger Ships

• Non-Passenger Vessels

Global Inland Waterways Vessels Market, By Fuel:

• LNG

• Low Sulphur Fuel Oil

• Diesel Oil

• Heavy Fuel Oil

• Biofuel

Global Inland Waterways Vessels Market, By Geography:

• North America

• Europe

• Asia-Pacific

• Middle East & Africa

• Latin America

Key Players operating in the Global Inland waterways vessels market:

• Viking

• Sanmar

• Rhenus Group

• European Cruise Service

• Sneed Shipbuilding

• CMA CGM Group

• Bayliner

• Windcat Workboats

• Seacontractors

• DFDS

• Norfolk Tug Company

• CIWTC

For More Information Visit @:https://www.maximizemarketresearch.com/

This Report Is Submitted By :Maximize Market Research Company

Customization of the report:

Maximize Market Research provides free personalized of reports as per your demand. This report can be personalized to meet your requirements. Get in touch with us and our sales team will guarantee provide you to get a report that suits your necessities.

About Maximize Market Research:

Maximize Market Research provides B2B and B2C research on 20,000 high growth emerging opportunities & technologies as well as threats to the companies across the Healthcare, Pharmaceuticals, Electronics & Communications, Internet of Things, Food and Beverages, Aerospace and Defense and other manufacturing sectors.

Contact info:

Name: LumawantGodage

Organization Address: MAXIMIZE MARKET RESEARCH PVT. LTD.

Email: [email protected]

Address:Pune, Maharashtra 411051, India.

Contact: +919607195908
 

Global Inland Waterways Vessels Market Overview​



This report projects the Global Inland Waterways Vessels Market to reach US$ XX Bn by 2026, growing at a CAGR of 6.5%. It emphasizes the market's segmentation by vessel type, fuel, and region, and highlights key growth drivers.



Market Segmentation & Key Trends​



  • Vessel Type: Non-passenger vessels, particularly workboats (fishing, general cargo, tugboats, freight vessels), are expected to dominate due to their high usage in goods transportation.
  • Fuel Type: The market is segmented into LNG, Low Sulphur Fuel Oil, Diesel Oil, Heavy Fuel Oil, and Biofuel.
  • Government Initiatives: Strong government support and investments, such as India's USD 10 billion award to its ports sector in 2018, are expected to significantly boost market share by enhancing port facilities and service provision.
  • Technological Advancements: The rising adoption of digital systems, automation technologies, and remote monitoring/data mining (borrowed from the oil and gas industry) is set to improve operational performance, minimize human error, and positively influence various aspects of shipping.


Regional Dominance​



Asia-Pacific held the largest market share in 2016, driven by high demand and shipbuilding activities in countries like South Korea, Japan, and China. China focuses on commercial ships, while South Korea benefits from government support, skilled labor, and favorable exchange rates.



Key Market Players​



The report lists prominent players including Viking, Sanmar, Rhenus Group, European Cruise Service, Sneed Shipbuilding, CMA CGM Group, Bayliner, Windcat Workboats, Seacontractors, DFDS, Norfolk Tug Company, and CIWTC.



Report Objective​



The report aims to provide a comprehensive analysis for all stakeholders, covering market size, trends, competitive analysis, and the impact of various factors, serving as an investor's guide.
 
Back
Top