openPR Logo
Press release

Barge Transportation Market | 2024 Industry Players - SEACOR Holdings, PACC Offshore Services Holdings, McAllister Towing, Bouchard Transportation, Marquette Transportation, American Commercial Barge, Canal Barge

01-19-2019 06:39 AM CET | Logistics & Transport

Press release from: Transportation Industry

Barge Transportation Market

Barge Transportation Market

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 to exhibit 5% CAGR with USD 170 billion by 2024.

Get Sample Copy of This Report @ https://www.gminsights.com/request-sample/detail/1945

Asia Pacific barge transportation market will account for the maximum volume share of over 5.5 shipments-billion tons by 2024. This can be credited to the availability of vast waterways channels across the region. The growing demand for petroleum products along with increasing waterways freight traffic will further propel the industry growth till 2024.

The 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.

Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:

1. American Commercial Barge Liner (ACBL)
2. Continental
3. American Commercial Lines LLC
4. Argosy International Inc.
5. Blessey Marine Services, Inc
6. Bouchard Transportation Co. Inc.
7. Canal Barge
8. Ingram Marine Group
9. Marquette Transportation Company LLC
10. McAllister Towing & Transportation Co. Ltd.
11. PACC Offshore Services Holdings Ltd. (POSH)
12. SEACOR Holdings, Inc

Make an Inquiry for purchasing this Report @ https://www.gminsights.com/inquiry-before-buying/1945

Covered barge fleet will account for the maximum volume share of over 4 shipments-billion tons in 2017. This can be attributed to the benefits offered by these barges compared to the counterparts including safety for the goods, enhanced protection from uncertain weather conditions, and larger load carrying capacity. The requirement for affordable and safe barge transportation services for moving agricultural products will further drive the segment demand.

Adoption of propulsion nozzles and restructuring of thruster tunnels reduces the barge transportation costs by 10% to 15%, thereby increasing the overall operating efficiency of the barges. The utilization of LNG for powering the barges improves the efficiency and significantly reduces the carbon emissions adhering to the stringent government regulations. The integration of GPS equipment provides real time monitoring and scheduling of barges enables the service providers to efficiently manage their shipments, positively influencing the barge transportation market share.

Industry participants are continuously involved in modernizing their existing barge transportation fleets and introduce innovative features including enhanced GPRS navigational facilities, solar powered barge monitoring systems, and vessel traffic management systems. These advanced features improve the navigational capabilities and the safety of the barges, significantly improving the efficiency for transporting goods across the globe.

Browse Report Summery @ https://www.gminsights.com/industry-analysis/barge-transportation-market

The prominent players in the barge transportation marketplace include Kirby Corporation, American Commercial Barge Line (ACBL), Campbell Transportation, and SEACOR Holdings. Other notable players include PTC Logistics, Blessey Marine Services, Heartland Barge, and.Canal Barge. Industry participants are engaging in mergers and acquisitions for enhancing their market share.

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.

Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
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 Barge Transportation Market | 2024 Industry Players - SEACOR Holdings, PACC Offshore Services Holdings, McAllister Towing, Bouchard Transportation, Marquette Transportation, American Commercial Barge, Canal Barge here

News-ID: 1514107 • Views: 1551

More Releases from Transportation Industry

Europe Inland Waterways Vessel Market to witness huge growth by 2024: Top Player …
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
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

All 5 Releases


More Releases for Barge

Barge Transportation Market: Oil Boom Increase Barge Operators Fortune || Key Pl …
A recent Fact.MR study foretells the barge transportation market to record significant growth over the forecast period (2019-2027). Barge transportation market continues to witness increased traction in the barge type such as dry bulk cargo barge, liquid cargo barge, car-float barge, power barge and construction barge. Significant alterations in transport infrastructure on the back of fast transitioning perspectives on fuel efficiency, besides other significant advantages such as cost effectiveness and diminished
Barge Transportation Market Scenario Highlighting Major Drivers & Trends, 2019 - …
Barge Transportation has witnessed moderate growth over the past decade across the globe. However, with the industrial growth and advancements in the manufacturing of a wide range of Barge Transportation which are both versatile and fascinating leads to increase the sales of Barge Transportation across the globe. Barge Transportation is considered one of the major segment of marine transportation. A significant evolution of Barge Transportation in recent years has provided
Barge Transportation Market: Technological Augmentation Drives Growth in the Com …
Barge Transportation has witnessed moderate growth over the past decade across the globe. However, with the industrial growth and advancements in the manufacturing of a wide range of Barge Transportation which are both versatile and fascinating leads to increase the sales of Barge Transportation across the globe. Barge Transportation is considered one of the major segment of marine transportation. A significant evolution of Barge Transportation in recent years has provided
Barge Transportation Market in Asia Pacific is Booming with Strong Growth Prospe …
A new research document is added in HTF MI database of 112 pages, titled as 'Global Barge Transportation Market Insights by Application, Product Type, Competitive Landscape & Regional Forecast 2025' with detailed analysis, Competitive landscape, forecast and strategies. The study covers geographic analysis that includes regions like South America, Asia Pacific, Europe, MEA, North America and important players/vendors such as acbl [United States] , ingram marine [United States] ,
Barge Transportation Market 2018 Top Key Players Kirby Corporation, American Com …
Market Overview:- Global Barge Transportation Market has indeed gained a velocity in the past few years, and is in the midst of experiencing a profound commercialization portfolio. Global barge shipments is expected to surpass 12 billion tons in terms of volume by 2024, primarily driven by the escalating crude petrochemical shipments across the world. In this regard, it is important to note that U.S. and Japan are the two major economies
Barge Transportation Market: Key Players are American Commercial Barge Line (ACB …
Barge transportation shipment volume is expected to cross 12 billion tons till 2024. Huge capacity of the barges will majorly drive the growth during the forecast timespan. A single barge can carry goods with capacity of above 1500 tons at once which is far more than that of railcars or trucks. Rising demand of petrochemical shipments across the globe and increasing crude oil demand especially from developed countries which include