TBRC covers the inland water transport market drivers and restraints, market size, major players, and the impact of COVID-19 on the market.
LONDON, GREATER LONDON, UK, June 3, 2022 /EINPresswire.com/ — According to ‘Inland Water Transport Global Market Report 2022 – Market Size, Trends, And Global Forecast 2022-2026’ published by The Business Research Company, the inland water transport market is then expected to grow to $21.33 billion in 2026 at a CAGR of 3.9%.
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The inland water transport market consists of sales of inland water transportation services and related goods by entities (organizations, sole traders, and partnerships) that provide inland water transportation of passengers and cargo on lakes, rivers, or intracoastal waterways. Inland waterways are stretches of water, not part of the sea, over which crafts of a carrying capacity not less than 50 tonnes can navigate when normally loaded.
Global Inland Water Transport Market Trends
Companies are recently encouraging lean and green inland transportation. According to the inland water transport market overview, for improved efficiency, companies are focusing on natural gas in shipping, improved vessel designs, efficient loading and unloading of cargo, and many more. The companies are also retrofitting old equipment in ships with emission reduction devices, hull cleaning and coating, and high high-performance propellers and nozzles. Certain advanced propulsion systems such as fuel cell hybrid drive technologies will be soon there in the market. With these efforts, the inland transport market is seeing a steady growth in the upcoming years.
Global Inland Water Transport Market Segments
The global inland water transport market is segmented:
By Type: Inland Water Freight Transport, Inland Water Passenger Transport
By Geography: The global inland water transport market analysis report is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, Western Europe accounts for the largest share.
Read more on the global inland water transport market report here
Inland Water Transport Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides inland water transport market overviews, analyzes and forecasts market size and growth for the global inland water transport market, market share, market segments and geographies, market players, market leading competitor revenues, profiles and market shares. The inland water transport market report identifies top countries and segments for opportunities and strategies based on market trends and key competitors’ approaches.
TBRC’s Inland Water Transport Global Market Report 2022 includes information on the following:
Data Segmentations: Market Size, Global, By Region and Country, Historic and Forecast, and Growth Rates for 60 Geographies
Key Market Players: Nippon Yusen, Deutsche Post AG, Seacor Holdings Inc, American Commercial Lines LLC, Ingram Industries, AP Moller – Maersk A/S, Jeffboat, and European Cruise Service.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
And so much more.
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