Europe Inland Waterways Vessel Market Trends and Forecasts by Key Players: Bayliner, Bénéteau, CMA CGM, Construction Navale Bordeaux, DFDS, EURO-RIJN B.V., MEYER WERFT, MSC Mediterranean Shipping Company, Rhenus Group, VIKING, Viking Line
Europe inland waterways vessel market will exhibit nearly 9% CAGR during 2017 to 2024. European commission encouraging adoption of waterways for freight transportation will stimulate the industry growth during the forecast period. Europe has nearly 37 thousand kilometers of waterways which is used for freight transport and connect various industrial areas across the region.
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Europe inland waterways vessel market from passenger ships was valued over USD 9 billion in 2016. Rise in marine passenger traffic owing to developing marine tourism across the region is expected to support the industry growth during forecast period. Non-passenger segment growth is credited to growing international and domestic freight business across the region.
Top Key Players:-
The key players of Europe Inland Waterways Vessel Market are Bayliner, Bénéteau, CMA CGM, Construction Navale Bordeaux, DFDS, EURO-RIJN B.V., MEYER WERFT, MSC Mediterranean Shipping Company, Rhenus Group, VIKING, Viking Line.
Rhine is the major river in Europe which contributes nearly 2/3rd of the total transportation. It covers France, Netherlands, Italy, Germany and Switzerland making these countries important for Europe inland waterways vessel market growth. Germany, Belgium, France and Netherlands together contribute more than 50% of the total Europe inland waterways vessel market revenue.
Netherlands inland vessel market was valued at over USD 14 billion in 2016. Country growth is credited to developed tourism industry as it is one of the popular tourist destination in Europe. The country also has several lakes and rivers which are used for fright transport making them busiest waterways. Favorable travel conditions in Netherlands stimulating demand for passenger and pleasure boats is expected to boost market revenue during forecast period.
Major Points of Table Of Content:-
3. Europe Inland Waterways Vessel Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 - 2024
3.3. Industry ecosystem analysis
3.3.1. Service providers
3.3.2. Infrastructure provider
3.3.3. Profit margin analysis
3.3.4. Distribution channel analysis
3.3.5. Vendor matrix
220.127.116.11. Global presence
3.4. Pricing analysis
3.4.1. Cost structure analysis
3.5. Technology landscape
3.6. Europe regulatory landscape
3.7. Industry impact forces
3.7.1. Growth drivers
18.104.22.168. Increasing marine trading activities across the region
22.214.171.124. Rising marine passenger traffic
126.96.36.199. Regular fleet modernizations and advancements
3.7.2. Industry pitfalls & challenges
188.8.131.52. Stringent government regulations
3.8. Innovation & sustainability
3.9. Europe inland waterways vessel statistics
3.9.1. Number of ships
3.9.2. Engine size
3.9.3. Operation base
3.9.4. Destination port
3.9.5. Overview of owners/lease
3.9.6. Fuel used
3.9.7. Bunker fuels
3.10. Growth potential analysis
3.11. Porter's analysis
3.12. Competitive landscape, 2016
3.12.1. Strategy dashboard
3.13. PESTEL analysis
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Liquified natural gas (LNG) will exhibit fastest growth during the forecast period due to increasing preference for this fuel. Growth of heavy fuel oil (HFO) is credited to low cost of fuel and its application in diesel engines. Stringent regulations regarding emissions may hamper product adoption as it emits harmful gases such as CO2, NOX and SOX.
Developed travel & tourism industry in the region, widely spread rivers & canals used for water sports stimulates recreational water sports and leisure boating. Ship manufacturers focus on modernization and upgradation of their fleet to enhance customer experience. Modernized boats and increasing preference for recreational boating will support the industry growth in the region.
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