Europe Inland Waterways Vessel Market to witness huge growth by 2024: Top Players (MSC Mediterranean Shipping Company, DFDS, CMA CGM, BENETEAU, Rhenus Logistics)
Sample Copy of This Report @ www.gminsights.com/request-sample/detail/2304
Industry Growth drivers:
1. Increasing marine trading activities across the region
2. Rising marine passenger traffic
3. Regular fleet modernizations and advancements
Europe inland waterways vessel market provide recreational boaters with thousands of kilometers of varied rivers and canals to explore. This stimulates the demand for leisure boating and develop travel & tourism industry across the region. European ship manufacturers are focusing on regular advancements and modernization of their fleet to ensure efficient and environment friendly transportation. Recovering economic & political condition in the region is expected to positively impact the industry demand.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
2. Bénéteau Group
3. CMA CGM Group
4. Construction Navale Bordeaux
6. EUROPEAN CRUISE SERVICE
7. EURO-RIJN B.V.
8. MEYER WERFT GmbH & Co., KG
9. MSC Mediterranean Shipping Company S.A
10. Rhenus Group
12. Viking Line
Make an Inquiry for purchasing this Report @ www.gminsights.com/inquiry-before-buying/2304
Passenger ships were valued more than USD 9 billion in 2016. Increasing marine passenger traffic has experienced a substantial growth over the past years. For instance, the cruise passenger traffic in the UK was over 1.6 million in 2014, which surpassed 1.7 million in 2015 with around 9% growth. Rising marine tourism across the region has resulted in increased passenger traffic, positively impacting the industry growth.
Non-passenger vessels comprise freight vessels, tug-boats, and workboats. Inland waterway is considered as a prominent way for freight transportation as these vessels can transport over 15% of the country’s fleet. The growth in the domestic and international freight transportation will drive the Europe inland waterways vessels market size from 2017 to 2024.
Europe Inland Waterways Vessel Market by Vessel
• Passenger Ships
• Class IV
• Class V
• Non-passenger vessels
• Freight vessels
• Tug boats
• Pleasure boats
• Motor cruiser
• Sailing cruiser
• Narrow boat
LNG will exhibit highest CAGR over the forecast timeframe owing to its large-scale deployment and shifting preference of the industry participants toward the product. Moreover, its usage saves the non-renewable sources used for other productive purposes.
Heavy fuel oil (HFO) is used in the marine diesel engines. Its usage can be attributed to its cost-effectiveness. However, the fuel contains impurities and its combustion emits SOx, NOx, and CO2. Regulations for eco-friendly products may hamper the demand for heavy fuel oil during the forecast period.
France is one of the largest European military shipbuilders and it maritime sector employs more people than that of the nation’ aeronautical industry. The French marine market is one of the biggest and busiest in Europe with more than 5,000 companies. Enhanced shipping routes and efficient fuels are expected to boost demand for inland waterways vessels during the study period.
Browse Report Summery @ https://www.gminsights.com/industry-analysis/europe-inland-waterways-vessel-market
The Netherlands market was valued USD 14 billion in 2016. The demand is attributed to increasing tourism in the nation. Netherlands includes Holland, that comprises of lakes and rivers in the triangle of Rotterdam, Amsterdam, & Utrecht, and lakes of Friesland in the north. These are the busiest water channels in the country and connect to all the major cities and towns. It is considered as one of the places to find a boatyard for renovations, purchasing of a vessel, and to custom-order a new canal cruiser.
Some of the manufacturers are Viking Line, Rhenus Group, Mediterranean Shipping Company S A, Construction Navale Bordeaux, Meyer Werft GmbH & Co., KG, Bayliner, European Cruise Service. Vessel manufacturers of non-passenger vessels are focusing on fleet upgradation to increase the capacity, efficiency of the vessel.
About Global Market Insights:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
Corporate Sales, USA
Global Market Insights, Inc.
Toll Free: 1-888-689-0688
This release was published on openPR.
Permanent link to this press release:
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Europe Inland Waterways Vessel Market to witness huge growth by 2024: Top Players (MSC Mediterranean Shipping Company, DFDS, CMA CGM, BENETEAU, Rhenus Logistics) here
News-ID: 1428296 • Views: 640
More Releases from Transportation Industry
Barge Transportation Market | 2024 Industry Players - SEACOR Holdings, PACC Offs …
Dry cargo will account for the maximum barge transportation market revenue share of over USD 75 billion till 2024. The dominance can be attributed to the increasing demand for low value bulk industries for the transportation of recyclable and municipal wastes. The increasing requirement of safe barge transportation services for coal, lumber, steel, ore, and gravel will further propel the revenue generation over the forecast timeframe. Barge Transportation Market is estimated
Barge Transportation Market Revenue, Trends, Growth & Forecast with Companies - …
Barge Transportation Market for coal and crude petroleum segment will showcase significant gains at over 3.5% from 2018 to 2024 owing to the increasing petroleum shipments globally. The introduction of innovative oil exploration techniques including directional drilling and hydraulic fracturing are further proliferating the segment revenue over the projected timeframe. Increasing oil exports from North America and the Middle East will foster the barge transportation market growth till 2024. Sample Copy
Inland Waterways Vessels Market 2018 Industry Players Analysis - CMA CGM, DFDS, …
Global Inland Waterways Vessels Market size is estimated to surpass USD 2,250 billion by 2024; according to a new research report by Global Market Insights, Inc. Non-passenger inland waterways vessel market will dominate the industry place with more than 84% revenue share by 2024. Increasing demand of cargo ships for transportation of agricultural products are boosting the segment share over the forecast timeframe. High adoption of general cargo and
Europe Inland Waterways Vessel Market to witness huge growth by 2024: Leading Pl …
Europe Inland Waterways Vessel Market size is estimated to surpass USD 115 billion by 2024; according to a new research report by Global Market Insights, Inc. Europe inland waterways vessel market share will exhibit over 9% CAGR during 2017 to 2024. Increasing freight transportation through waterways and rising marine passenger traffic led by regular upgradation of the fleet are driving industry demand. More than 37,000 km of inland waterways in
More Releases for Europe
Synthetic Biology Market – Europe
Synthetic Biology Market Europe is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). Synthetic biology has expanded into various interdisciplinary fields that may be defined as the combination of artificial design and engineering to produce biological systems, chemicals or living organisms. Synthetic biology is also used for improving applications
Europe Wooden Doors Market
Europe Wooden Doors Market https://www.qandqmarketresearch.com/reports/wooden-doors-market-78 This report studies the Wooden Doorsmarket status and outlook of Europe and major countries, from angles of players, countries, product types and end industries; this report analyzes the top players in Europe and major countries, and splits the Wooden Doors market by product type and applications/end industries. The global Wooden Doors market is valued at XX million USD in 2018 and is expected to reach XX million
Europe Radiotherapy Market
The Europe Radiotherapy Market research report consists of a primary and secondary research along with an in-depth analysis of the quantitative and qualitative aspects by the expert industry analysts and professionals, leading management bodies, to gain a profound insight of the industry as well as the industry performance. The Europe Radiotherapy Market report presents a lucid picture of the current industry landscape, including the historical and projected market size, based
Europe Business Assembly
The Europe Business Assembly (EBA) is an international corporation for the evolution and implementation of economic and social development. The company was established in April 2000 and its history shows a plethora of promising initiatives, creative growth and professional victories. EBA’s activity demonstrates the capabilities and power of professional partnership. The year 2000 saw the beginning and the foundation of EBA with the signing of the memorandum of cooperation and
Smartsourcing in Eastern Europe
In 2008 the outsourcing business of Eastern Europe was estimated at nearly $2 billion, representing just a tiny fraction of the global IT outsourcing market, estimated at about $386 billion. According to the Gartner Dataquest predictions, in the next four years Eastern Europe is expected to outstrip the rest of the offshore market concentrated mainly in the “classical” locations like India. By 2010 Eastern Europe’s IT outsourcing market share is
Home Control conquers Europe
European Home Control Summit attracts participation from leading International companies and organizations 29. February 2008 - Copenhagen/Frankfurt - The first European Wireless Home Control Summit on 9 April 2008, taking place parallel to Light + Building, features leading companies such as Merten, Horstmann, Danfoss, and market researcher Parks Associates as well as publicly funded organizations like the Danish Energy Saving Trust (DEST) presenting the newest trends, products and market strategies pertaining