Press release
What's Driving the Inland Waterways Vessels Market Trends? Torvald Klaveness, Viking Cruises, Viking Line, Windcat Workboats, Alnmaritec Ltd., Bayliner, Groupe Beneteau, Moran Towing, Nichols Brothers Boat Builders, Norfolk Tug Company, NYK Bulk & Project
The inland waterways vessels market report, in a nutshell, is a composition of very vital aspects. The study aims to simplify the understanding of the industry for potential stakeholders and help them streamline the process of business decision-making. Pivotal details such as the SWOT analysis, Porter's analysis, and industry impact forces are mentioned in the report, that also elucidates substantial information pertaining to the pitfalls and challenges prevailing in the industry.A recent instance validating the authenticity of the aforementioned statement is the Jal Marg Vikas Project undertaken by the Indian government that may be a potential game changer for transportation through the Ganges. The $809 million project is being designed to be economically and environmentally potent and may effectively enhance trade and commerce through the Gangetic route. The rejuvenation of the Ganges may emerge as one of many driving forces inevitably stimulating the regional inland waterways vessels market share.
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Inland waterways vessels market report industry segmentation - What points are mentioned in the study about the Fuel spectrum?
o As per the study, the inland waterways vessels industry is disbanded into:
o LNG
o Low Sulfur Fuel Oil (LSFO)
o Diesel oil
o Heavy fuel oil (HFO)
o Biofuel
o The report contains details pertaining to the market share that every segment will procure by the end of the forecast period.
o The growth rate that the Fuel segments over the projected duration are also mentioned in the report alongside the target remuneration.
Inland waterways vessels market report industry segmentation - What points are mentioned in the study about the Vessel spectrum?
o The study segregates the inland waterways vessels industry into:
o Passenger ships
o Car ferries
o Ro-ro ferries
o Cruise ships
o Yachts
o Non-passenger vessels
o Freight vessels
o Cargo ships
o Container ships
o Tankers
o Tug boats
o Harbor River
o Work boats
o General cargo ships
o Fishing vessels
o The report is inclusive has details pertaining to the market share that every sub-segment will account for by the end of the projected duration.
o The growth rate that the sub-segments will record over the projected timeline has been discussed in the study in tandem with the target remuneration.
It will be prudent to mention that cargo movement makes up for a bulk of inland waterways transportation requirement. On these grounds, non-passenger inland waterways vessels market is expected to attain the dominant position in this industry. As per estimates, non-passenger vessels are forecast to account for a mammoth 80% of the inland waterways vessels industry share by 2024.
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Since most of the inland waterways vessels naturally use diesel as fuel, diesel oil has been forecast to account for 90% of inland waterways vessels market share by 2024. However, since diesel is not quite the most ecofriendly fuel, companies have been developing vessels that would be run by electricity and will be virtually free of any kind of emission. In fact, such barges have already been designed and are being released to operate from Amsterdam, Rotterdam and Antwerp, for moving goods in the inland waterways of Netherlands and Belgium.
In substance, the inland waterways vessels industry report analyses the industry landscape in terms of numerous parameters, like the driving forces impacting the revenue scale of this industry and the ongoing trends defining the industry spectrum. In addition, the study mentioned the industry insights, market segmentation, and is also inclusive of information pertaining to the companies that partake in inland waterways vessels market share.
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